Troilus Gold Stock Price, News & Analysis

Troilus Gold Corp. (OTCQX: CHXMF) announced successful metallurgical recovery results for its Zone 87, achieving a gold recovery of 95.5%, copper recovery of 95.9%, and silver recovery of 92.8%. These results, part of a pilot plant testing program, surpass earlier metrics from the 2020 Preliminary Economic Assessment, which recorded gold and copper recoveries of 90% and silver at 40%.

These findings enhance the viability of the Troilus Project in Quebec, supporting the upcoming Pre-Feasibility Study and future economic assessments.

Troilus Gold Corp (CHXMF) announces initial assay results from its Phase II Gap Zone drill program at the Troilus Project in Quebec. The drill program, covering ~11,000 meters, confirms mineralization extensions between the Z87 and Southwest Zone pits. Key findings include 1.04 g/t AuEq over 13 meters and various higher-grade intervals in multiple drill holes. The ongoing exploration indicates potential for further mineralization discoveries. CEO Justin Reid highlights the encouraging results and believes the mineralization can be traced to the surface.

Troilus Gold Corp. (OTCQX: CHXMF) has announced successful metallurgical recovery results from the Southwest Zone of its Troilus Project in Quebec. A sample of approximately 3 tonnes yielded copper recovery of 93.5%, gold recovery of 88.3%, and silver recovery of 89.4%. These results reportedly exceed previous assessments and will support an upcoming Pre-Feasibility Study. CEO Justin Reid expressed satisfaction with the consistent recovery rates, which align with earlier results from the J Zone. Ongoing testing on the Z87 Zone is forthcoming.

Troilus Gold Corp. (OTCQB: CHXMF) has initiated the Environmental and Social Impact Assessments (ESIA) for its Troilus Project by filing the Initial Project Description in Canada. This marks the commencement of the permitting process, crucial for moving towards the mine's potential restart. The company aims to incorporate stakeholder input to minimize environmental impacts while advancing with its Pre-Feasibility Study. Troilus, previously in production from 1996 to 2010, has a history of over 2 million ounces of gold and holds significant mineral resources. The concurrent federal and provincial assessments are expected to yield guidelines within set timeframes.

Troilus Gold Corp. (OTCQX: CHXMF) announced new assay results from its Southwest Zone at the Troilus Project in Quebec, highlighting significant mineral continuity and high-grade intercepts. The results, focused on upgrading Inferred to Indicated resources, reveal notable intercepts such as 13.64 g/t AuEq over 3m. The mineral resource update and Pre-Feasibility Study are anticipated mid-2022, enhancing the project's potential as a key growth target. CEO Justin Reid stated the zone’s impressive results are crucial for future production phases.

Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF) announced significant assay results from its Troilus Project in Quebec, confirming strong mineral continuity in the Southwest Zone and promising initial results from the Gap Zone. Notably, hole SW-590 returned the highest grades ever recorded at 92 g/t Au over 1.1m, extending mineralization beyond the previously known boundaries. The company has reached the drilling cut-off for the updated mineral resource estimate and Pre-Feasibility Study (PFS) due mid-2022, having drilled nearly 93,000 metres since its last resource calculation in 2020.

Troilus Gold Corp. (CHXMF) has promoted Blake Hylands to President, effective April 14, 2022. Hylands, a founding member and Senior Vice-President of Exploration since 2017, played a pivotal role in expanding mineral resources significantly. Under his leadership, the company aims to enhance its corporate and geological teams, furthering its position in the Frôtet-Evans Greenstone Belt. Kyle Frank has been elevated to Manager of Exploration and Corporate Development, focusing on resource expansion. This restructuring is intended to support Troilus's growth strategy as it advances through engineering and permitting stages.

Troilus Gold Corp. (CHXMF) has announced promising drill results from the Testard target, located 10 km south of its former mine site in Quebec. The new findings include gold-rich quartz veins with significant grades, such as 4.63 g/t gold over 7.6 meters and 6.72 g/t gold over 3.2 meters. Troilus has expanded its land position to 142,000 hectares, enabling extensive geological work. CEO Justin Reid highlighted the district-scale potential, with future drilling planned to further explore these high-grade occurrences, reinforcing Troilus’s strategic foothold in the Frôtet-Evans Greenstone Belt.

Troilus Gold Corp. (OTCQX: CHXMF) announced strong metallurgical recovery results for the J Zone at its Troilus Project in Quebec. The recent tests achieved gold recovery of 92.9%, copper recovery of 90.4%, and silver recovery of 88.8% using industry-standard processing methods. These recoveries surpass those in the previous Preliminary Economic Assessment, where gold recovery was 90% and silver 40%. The results will support the upcoming Pre-Feasibility Study, with expectations of enhancing the project's economic potential.