Troilus Gold Corp. is pleased to announce that it has closed its previously announced bought deal financing . Pursuant to the Offering, Troilus issued 57.15 million units of the Company at a price of C$0.35 per Unit , 10.90 million traditional flow-through shares of the Company at a price of C$0.405 per FT Share ; and 8.60 million Québec flow-through shares of the Company at a price of C$0.42 per QFT Share , for total [...]
Troilus Gold Corp. is pleased to announce that, in connection with its previously announced bought deal offering , it has entered into an amended agreement with Haywood Securities Inc. and Desjardins Capital Markets , on behalf of themselves and a syndicate of underwriters to increase the size of the Offering to: 57.15 million units of the Company at a price of C$0.35 per Unit , 10.90 million traditional flow-through [...]
Troilus Gold Corp. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and Desjardins Capital Markets , on behalf of themselves and a syndicate of underwriters to be formed pursuant to which the Underwriters have agreed to purchase, on a bought deal public offering basis, 48.6 million units of the Company at a price of C$0.35 per Unit , 7.4 million traditional flow-through shares of [...]
Troilus Gold Corp. announces the Company filed restated Q3 financial statements with the corresponding management discussion & analysis , initially filed on June 14th, 2024. The decision follows a review that amends the accounting treatment of the Company's holdings in Prospector Metals Corp. , which impacted the previously reported figures and has led to the need for this correction. As a result, the previous Q3 2024 [...]
Troilus Gold Corp. is pleased to announce the installation of an alternative solar and wind energy generation system at the Troilus site, in collaboration with Tugliq Energie Co., a Montreal-based provider of sustainable energy solutions for remote locations. The new system consists of 500 solar panels capable of generating up to 222.5 kWp, a wind turbine capable of generating up to 15kWp, and a fully integrated and [...]
Troilus Gold Corp. is pleased to announce the appointment of Chantal Lavoie to its Board of Directors, effective immediately. Mr. Lavoie is a Professional Mining Engineer who brings over 35 years of experience in mining operations, permitting, construction, and executive leadership across various global mining regions, including Quebec. Chantal Lavoie, a native of Chicoutimi, Northern Quebec, has a distinguished career in [...]
Troilus Gold Corp. is pleased to announce positive drill results forming part of a 1,866-metre exploratory drill program on its newly discovered "West Rim" VMS target, located within 150 metres of the North Reserve Pit Shell at its Troilus Project, located in northcentral Quebec, Canada. The West Rim drill program was designed to test various geophysical anomalies and collect geological data that will inform the next [...]
Troilus Gold Corp. is pleased to report a major milestone in the Company's exploration and development plans with the start of dewatering at the J4 pit this month, a process that is expected to take approximately 6 months to complete. Dewatering of the larger Z87 pit is expected to start in 2025 and will take approximately 18 months to complete. Dewatering of the Pits will provide safe access for ongoing exploration of [...]
Troilus Gold Corp. announces that it has entered into an agreement with Comet Lithium Corp. for the divestiture of its non-core properties, the Mercator, Monarch and Elmer East projects located in the James Bay Region . The Company would also like to announce the resignation of Dr. Eric Lamontagne and the appointment of Mr. François Biron, former General Manager of the Troilus Mine, to the Board of Directors . The sale of [...]
Troilus Gold Corp. is pleased to announce that it has filed its NI 43-101 Technical Report in support of its Feasibility Study for the Troilus Project, located in northcentral Quebec, Canada within the Frôtet-Evans Greenstone Belt. The Technical Report titled "NI 43-101 Feasibility Study: Troilus Gold - Copper Project Québec Canada" dated June 28, 2024, with an effective date of May 14, 2024, was prepared by AGP Mining [...]
Troilus Gold Corp. is pleased to report positive metallurgical results from a pilot plant testing program completed for Zone X22 , part of the main mineral reserve pits at its Troilus Project in north-central Quebec, Canada. Justin Reid, CEO and Director of Troilus Gold, commented, "The pilot plant test results from Zone X22 have confirmed the robust metallurgical recoveries projected in our Feasibility Study. Achieving [...]
Troilus Gold Corp. is pleased to announce the discovery of a new gold zone named the 'West Rim Zone' located within 200 metres west of the North Reserve Pit Shell in addition to assay results from Zone X22 at its Troilus Project, located in northcentral Quebec, Canada. The results herein are part of an ongoing 25,000m drilling campaign designed to expand and define select drill targets along the main mineral corridor and [...]
