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Troilus Mining Corp. reports developments tied to its Troilus copper-gold project in north-central Québec, Canada. Recurring updates cover exploration drilling across the project land package, near-mine resource growth, engineering progress, construction-readiness planning, permitting and project financing activities.
Company news also includes commercial arrangements for copper-gold concentrate, lender and export-credit agency engagement, technical validation work, and finance or governance changes that support the transition from project definition toward mine development.
Troilus Mining (OTCQX: CHXMF, TSX: TLG) announced that its copper-gold Troilus Project has been selected by Québec’s Minister of Natural Resources and Forests as one of the first projects to receive specialized permitting support under the Government of Québec’s new Filon initiative for strategic mining projects.
Filon assigns Troilus a dedicated mining expert to coordinate with ministries and agencies, identify bottlenecks and facilitate permit authorizations while maintaining Québec’s environmental review standards. The project filed its ESIA in June 2025, secured a 70 MW Hydro-Québec power allocation in June 2026, and is advancing detailed engineering and financing, supported by a May 2024 Feasibility Study outlining a 22-year, 50 ktpd open-pit operation.
Troilus Mining (OTCQX: CHXMF) reported the third batch of 2026 Z87 optimization drill results from its Troilus Project in Quebec, covering 10 holes totaling 4,230 m. The program targets inferred and historically unsampled hangingwall material within the Z87 reserve pit defined in the 2024 Feasibility Study.
Key intercepts include hole 87-26-484 with 1.10 g/t AuEq over 103 m, including 2.10 g/t AuEq over 34 m from inferred material; hole 87-26-492 with 1.98 g/t AuEq over 14 m, including 9.87 g/t AuEq over 1.5 m from the hangingwall; and hole 87-26-512 with 0.92 g/t AuEq over 93 m, including 2.30 g/t AuEq over 21 m and additional mineralization in previously unsampled hangingwall zones.
According to Troilus, results support opportunities for resource conversion, pit sequencing optimization, strip ratio improvements and early-year mill feed. To date, 30 holes totaling 9,793 m have been released from the ~24,000 m Z87 optimization program.
Troilus Mining (OTCQX:CHXMF) reported new drilling results from the Z87 optimization program at its Quebec Troilus Project.
Key intercepts within the existing Z87 reserve pit include 164 m at 0.95 g/t AuEq in hole 87-26-507 and significant hangingwall mineralization in holes 87-26-487 and 87-26-501.
The work targets historically unsampled intervals and inferred material to support potential resource conversion, strip ratio improvements and enhanced early mill feed flexibility for the planned 50,000 tpd operation.
Troilus (OTCQX: CHXMF) reported first 2026 Z87 optimization drilling results at its Quebec Troilus Project. Thirteen holes (3,718 m) within the Z87 reserve pit targeted inferred and unsampled hangingwall material to support future mine planning, potential resource conversion, pit sequencing optimization, strip ratio improvements and early-year mill feed flexibility.
Key intercepts include 157.5 m grading 0.95 g/t AuEq in hole 87-26-505, 96 m grading 1.10 g/t AuEq in hole 87-26-508, and 83 m grading 0.55 g/t AuEq in hole 87-26-481.
Troilus Mining (OTCQX:CHXMF) reported progress on project execution planning for its copper-gold Troilus Project in Québec. Detailed Engineering is now fully mobilized across the process plant, infrastructure, site layout and 3D modelling, with procurement a central focus.
More than 40 bid packages are out or under evaluation, major process equipment is in final selection, and initial enabling infrastructure choices for water treatment and site support are made. Geotechnical drilling and independent third-party reviews of plant design, engineering assumptions and capital cost methodology are complete, with no material issues identified, supporting construction readiness planning.
Troilus (OTCQX: CHXMF) reported new 2026 drilling results from the Connector Zone at its Quebec Troilus Project, within current reserve pit designs between the Z87 and J pits.
Key intercepts include 1.15 g/t AuEq over 37 m and 0.78 g/t AuEq over 54 m, with higher-grade sub-intervals up to 25.53 g/t AuEq over 1 m. According to Troilus, these holes target inferred material and up-plunge extensions to support potential resource conversion, mine-plan optimization, strip ratio improvements and early-year mill feed.
Troilus Mining (OTCQX: CHXMF) reported new high-grade drill results from the West Rim Zone at its Quebec copper-gold project.
Highlights include 19.06 g/t AuEQ over 6.4 m and 6.81 g/t AuEQ over 5 m near surface, outside the current mineral resource and within 200 m of the reserve pit.
The results outline a shallow high-grade corridor, remain open along strike and at depth, and will guide an expanded Phase 2 drill program within a largely underexplored five-kilometre trend.
Troilus (OTCQX: CHXMF) hosted Québec government leaders at its copper-gold project for the official allocation of 70 MW of hydroelectric power.
According to Troilus, this clean power will support future construction and operations, expected to create about 1,000 construction jobs and 680 long-term operating jobs in Northern Québec.
The company also continues project financing and technical due diligence tied to a US$1.2 billion debt financing mandate, with recent site visits by international financial institutions and export credit agencies.
Troilus Mining (OTCQX: CHXMF) received a 70 MW power allocation from Hydro-Québec and Quebec’s MEIE for the Troilus copper-gold project. This supports mine construction and operations, leverages Québec’s low-carbon hydro grid, and aligns with advancing permitting, engineering, and financing.
The May 2024 Feasibility Study outlines a 22-year mine life, average annual production of 303,000 AuEq ounces (135.4M lbs CuEq), peak production of 536,400 AuEq ounces, plus about 1,000 construction and 680 operating jobs.
Troilus Mining (OTCQX:CHXMF) reported initial 2026 drill results from the West Rim zone at its Troilus copper-gold project in Quebec.
Highlights include 2.92 g/t AuEq over 19 m and 1.97 g/t AuEq over 20 m, all outside the current resource and within 200 metres of the North Reserve Pit, supporting potential open pit and underground scenarios.