Troilus Gold reports results from a Feasibility Study completed on the gold-copper Troilus Project. The Study incorporates an initial mineral reserve estimate that supports a long life, large scale, 50,000 tonnes per day open-pit mining operation; a project in a tier-one mining jurisdiction that stands out in the Quebec and Canadian mining landscapes. Troilus has taken a focused and conservative approach to all costs and [...]
Troilus Gold Corp. , reports that Sayona Mining Ltd. has divested its entire equity position in Troilus. Last week, Sayona sold approximately 19.2 million Troilus shares at C$0.63, which was executed through a block trade facilitated by a Tier-1 Canadian brokerage firm. These shares have been acquired by a group of new and existing core institutional shareholders. An additional 1.2 million shares were sold on the open [...]
Troilus Gold Corp. , provides an operational update related to the advancement of its gold-copper Troilus Project , located in northcentral Quebec; one of the largest undeveloped gold equivalent deposits in North America. Operational Update The Feasibility Study for the Troilus Project is proceeding well, as the various components of the report approach finalization to create a cohesive picture of the potential future [...]
Troilus Gold Corp. announces it has closed its previously announced strategic divestiture of its non-core Mike Lake properties in Yukon, Canada, to Prospector Metals Corp. . This transaction streamlines Troilus' portfolio of properties, allowing it to focus entirely on the development of its flagship Troilus Gold Project in Quebec, while maintaining a stake in the potential success of Mike Lake under Prospector Metal's [...]
Troilus Gold Corp. , announces the retirement of Denis C. Arsenault, CPA, CA, Chief Financial Officer , effective February 1, 2024, capping an illustrious 45-year career. Susanna Milne, the Company's Corporate Controller since its inception, will step into the CFO role, bringing her extensive experience and deep understanding of Troilus' financial landscape to the forefront. Justin Reid, CEO & Director of Troilus [...]
Troilus Gold Corp. , is pleased to provide a review of its key accomplishments in 2023 as well as an outlook for 2024 in this open letter to shareholders from Chief Executive Officer and Director, Justin Reid. To our valued shareholders and stakeholders, As we close another year, it is with pride that I look back on the significant accomplishments Troilus has made in 2023. Despite a turbulent year in the junior mining [...]
Troilus Gold Corp. announces it has entered into an agreement for the strategic divestiture of its non-core Mike Lake properties in Yukon, Canada, to Prospector Metals Corp. . This transaction will streamline Troilus' portfolio of properties, allowing it to focus entirely on the development of its flagship Troilus Gold Project in Quebec, while maintaining a stake in the potential success of Mike Lake under Prospector [...]
Troilus Gold Corp. , reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the Management Information Circular dated October 31, 2023, for the Annual Special & General Meeting of Shareholders of the Company were elected as directors of the Company. Over 58% of all of the issued and outstanding shares of the Company were represented at the Meeting. Detailed results of the vote [...]
Troilus Gold Corp. announces that it has closed today its previously announced bought deal financing . Pursuant to the Offering, Troilus issued 28,580,000 units of Troilus at a price of $0.35 per Unit, for gross proceeds of C$10,003,000, 7,150,000 common shares in the capital of the Company issued as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act at a price of $0.42 per Traditional FT [...]
Troilus Gold Corp. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. , 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, 28,580,000 units of the Company at a price of C$0.35 per Unit , 7,150,000 traditional flow-through shares of the Company at a price of C$0.42 per [...]
Troilus Gold Corp. , is pleased to announce that it has filed the detailed Technical Report of its updated Mineral Resource Estimate for its 100% owned Troilus Project , located in northcentral Quebec, Canada, within the Frôtet-Evans Greenstone Belt. The Technical Report is dated October 25, 2023, effective October 2, 2023, and supports the scientific and technical disclosure in the updated mineral resource estimates [...]
Troilus Gold Corp. , is pleased to report an updated Mineral Resource Estimate for the Troilus Project , located in northcentral Quebec, Canada, within the Frôtet-Evans Greenstone Belt. Highlights of the 2023 MRE include: Total Indicated Mineral Resources of 11.21 Moz AuEq , representing an increase of 126% in ounces and a 187% increase in tonnes compared to the 2020 MRE. Additional Inferred Mineral Resources of 1.80 Moz [...]
