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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 anon3on May 06, 2024 12:36pm
96 Views
Post# 36025173

RE:RE:Sumitomo

RE:RE:SumitomoI don't think Sumi would have to buy TLG....why put out the $. Let say the capex for 50k tonne per day operation would be about $1 billion. Sumi could fund the whole bill with TLG paying back let's say 50% in the first 2 years while Sumi gets their permits to mine Regnault. From there Sumi and TLG could have a DSO deal similar to CTGO and K at Fort Knox.
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