Troilus Gold Stock Price, News & Analysis

Troilus Gold Corp. (OTCQX: CHXMF) announced assay results from its X22 Zone at the Troilus Project in Quebec. A 6,500 metre drilling campaign aims to define this newly discovered mineralization zone, extending it by 150 metres to the south-west. Over 6,000 metres have been completed, with outstanding results such as 34m at 2.72 g/t AuEq from hole X22-23-027. The mineralization remains open for further exploration. An additional 1,300 metres of drilling is planned, with results expected to enhance the upcoming Feasibility Study and Mineral Resource Estimate. CEO Justin Reid emphasized the strong grade profile and continuity of the mineralization.

Troilus Gold Corp. reported promising assay results from Zone X22 at its Troilus Project in Quebec, indicating a new mineralized corridor extending over 800 meters. Significant intercepts include 18m at 1.34 g/t AuEq and 9m at 2.42 g/t AuEq. These findings will be included in the upcoming Definitive Feasibility Study. CEO Justin Reid highlighted the potential of Zone X22 to enhance the grade profile of the project, emphasizing its shallow depth and continuity. The company maintains a robust balance sheet and plans to continue targeted drilling to maximize the impact of the Feasibility Study.

Troilus Gold Corp. reported positive assay results from the Connector Zone at its Troilus Project in Quebec. The ongoing drill program aims to expand on previously identified high-grade mineralization between the Z87 and J4 open pits. Noteworthy results include drill hole 87-451, which yielded 4.33 g/t AuEq over 29 meters, and 87-449, which reported 2.07 g/t AuEq over 11.2 meters. CEO Justin Reid emphasized the implications of these results for the project’s future, suggesting they could enhance the mine plan and project economics. The company plans further exploration to identify high-grade near-surface targets for their upcoming Feasibility Study, expected in H2 2023.

Troilus Gold Corp. (OTCQX: CHXMF) achieved significant milestones in 2022, including successful exploration drilling of 83,000 meters, confirming high-grade discoveries across main zones. The Company initiated its permitting process for the Troilus Project and advanced its engineering work, including pilot plant metallurgical testing with high recovery rates. Notable financial progress included the sale of non-core claims for $40 million and a $10 million investment from Sayona Mining. Looking ahead, Troilus aims for an updated Mineral Resource estimate in Q1 2023 and a Feasibility Study in H2 2023, expecting a robust year of development and exploration.

Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF) announced positive drilling results from its Z87 zone in Quebec. The recent 11,000-metre drill program confirmed high-grade mineralization connecting the Z87 and J open pits, termed the 'Connector Zone'. Notable intercepts include 1.75 g/t AuEq over 138m and significant growth potential for indicated and inferred resources. CEO Justin Reid expressed confidence in the project's economics and further resource expansion.

Troilus Gold Corp. has reported initial results from its Summer 2022 regional exploration program at the Troilus property in Quebec. Conducted from May to October, the program involved extensive fieldwork, collecting over 5,000 samples. Significant findings include a multi-kilometre gold trend with a 1.5 g/t gold outcrop and high-grade boulders reaching up to 32.2 g/t gold, leading to the discovery of the "Rocket" target. This discovery is positioned close to Sumitomo's Regnault target, enhancing exploration potential, as Troilus aims to reaffirm the area's extensive mineralization.

Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF) announced positive assay results from its 11,000-metre drill campaign at the Troilus Project in Quebec. The results reveal the thickest, highest-grade mineralization discovered so far, including the single highest-grade interval at the site. A new high-grade mineralized panel has been identified, prompting the company to shift focus from a pre-feasibility study to a Definitive Feasibility Study, expected in H2 2023. The data suggests potential for enhanced economic modelling, underscoring ongoing exploration efforts to optimize resource extraction.

Troilus Gold Corp. has officially joined the United Nations Global Compact (UNGC), a key global corporate sustainability initiative, pledging to align its operations with the UN Sustainable Development Goals. As part of this initiative, Troilus commits to principles related to human rights, labor, environment, and anti-corruption, joining over 16,000 companies worldwide. CEO Justin Reid emphasized the company’s dedication to responsible and sustainable practices, aiming to address significant global challenges.