Troilus Gold Corp T.TLG

Alternate Symbol(s): CHXMF

Metals & Mining Gold Industrial Metals & Minerals

Troilus Gold Corp. is a Canadian mining company focused on the systematic advancement and de-risking of the former gold and copper Troilus Mine towards production. The Company owns a 100% interest in the Troilus project. The Company holds a land position of approximately 435 square kilometers (km2) in the mining jurisdiction of Quebec, Canada, within the prospective Frotet-Evans Greenstone Belt. The Troilus Mine is located northeast of the Val-d'Or district of Quebec, produced 2 million ounces of gold and approximately 70,000 tons of copper. The seven kilometer main mineral corridor includes zones Z87, J Zone, X22 and Southwest, containing an estimated 11.21 Moz AuEq in the Indicated category and 1.80 Moz AuEq in the Inferred category. The Troilus property has an established infrastructure, including operating substation and power lines, an extensive network of well-maintained roads, operating water treatment facility, and a permitted tailing facility.

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Troilus Gold Corp > When/ What

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Comment by AlwaysLong683on Apr 30, 2024 7:09am

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Post# 36014157

RE:When/ What

Agree re. TLG should probably not be responsible of the mine build. It appears JR has never been CEO of mining company that has built a mine, and it's a very tricky (and lengthy) process to get it right (or at least minimize mistakes) from the FS to first pour, not to mention things that can go wrong over which the company has no control (e.g. wildfires). The Joint Venture agreement (whenever it's released) should break down how much of an ownership stake each of the parties will have in the project, how much cash the partner will be putting into the project and the points at which this will occur, and who's doing what.

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Calibre discovers significant gold in Newfoundland