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Troilus Gold Corp T.TLG

Alternate Symbol(s):  CHXMF

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.


TSX:TLG - Post by User

Comment by Gutinstincts55on Apr 30, 2024 9:05am
91 Views
Post# 36014390

RE:FS

RE:FSCrow, I would rather a full buyout for that amount not be the end result.  However, if it was I'd like it to be in the next 3 months max.  This way there would be enough time to move gains to other AU/CU plays early into this secular bull time period.  IMO we do much better in the 12-24 month time period with a quality major as a partner.  That is provided the up front amount received from them for the JV is worth giving up 1/2 for.  
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