Welcome to our dedicated page for TROILUS MNG news (Ticker: CHXMF), a resource for investors and traders seeking the latest updates and insights on TROILUS MNG stock.
Troilus Mining Corp. (CHXMF) generates frequent news as it advances the Troilus copper-gold project in Quebec from development toward potential construction. Company updates often focus on technical milestones, permitting progress, financing initiatives, and commercial partnerships that shape the future of this large-scale open-pit mining project.
Investors following CHXMF can expect news on engineering work led by BBA Inc., including progress on basic and detailed engineering, process flowsheet definition, capital cost estimation, and construction readiness planning. Troilus also issues releases on regulatory steps such as the filing and review of its Environmental and Social Impact Assessment with provincial and federal authorities.
Financing and commercial developments are another key theme. The company has announced indicative expressions of interest from export credit agencies, mandates for a senior project debt facility with international financial institutions, and indicative offtake terms and a Memorandum of Agreement for long-term copper-gold concentrate sales with European smelters Aurubis AG and Boliden Commercial AB. Equity financings and changes in auditors or strategic advisors are also reported through its news flow.
Troilus’ news coverage further highlights environmental and social initiatives, including community engagement with Indigenous and local partners, recognition by the Québec Mineral Exploration Association, and participation in Canadian government-led critical minerals missions to Germany, Japan, and South Korea. For investors and observers, the CHXMF news page offers a centralized view of how the company is progressing across technical, regulatory, financial, and ESG dimensions as it works to advance one of Canada’s significant undeveloped gold-copper projects.
Troilus Gold Corp. announced that President and CEO Justin Reid will present live at VirtualInvestorConferences.com on October 21, 2021, at 12:30 PM ET. The company, focused on advancing the Troilus Project in Quebec, boasts a strong cash position of CAD$56 million raised earlier in 2021. Troilus holds a significant mineral resource of 4.96 Moz AuEq (Indicated) and 3.15 Moz AuEq (Inferred), with an updated resource expected in H1 2022. Investors are encouraged to register for the event, and a webcast will be available post-event.
Troilus Gold Corp. (OTCQX: CHXMF) reported significant assay results from the Southwest Zone of its 100%-owned Troilus deposit in Quebec. The latest results confirm a substantial extension of the ore body beyond the pit shell proposed in the 2020 Preliminary Economic Assessment. Key highlights include numerous high-grade gold intersections across a previously untested area. Ongoing drilling at ~7,000 metres per month aims to complete a new mineral resource estimate by H1 2022, enhancing the project's potential as mineral continuity supports a broader geological model.
Summary not available.
Troilus Gold Corp. (OTCQX: CHXMF) announces significant assay results from its ongoing drilling at the Southwest Zone of the Troilus Gold Project in Quebec. The new drill hole ZSW21-512 yielded standout results, including 3.58 g/t AuEq over 15 meters, showcasing some of the best results in the project's history. With a total of 43,800 meters drilled in this zone since 2019, the potential for resource expansion is promising. The ongoing drilling aims to enhance the mineral resource estimate expected to contribute to the project's future economic viability.
OTC Markets Group Inc. announced that Troilus Gold Corp. has upgraded to the OTCQX Best Market from the OTCQB Venture Market, effective June 7, 2021. Trading under the symbol CHXMF, this upgrade signifies Troilus Gold's compliance with high financial standards and corporate governance. CEO Justin Reid emphasized this milestone's importance, enhancing visibility among U.S. investors. Troilus, focusing on advancing its Quebec-based gold and copper asset, aims to establish itself as a cornerstone project in North America.
Troilus Gold Corp. (OTCQB: CHXMF) reports positive assay results from five new drill holes in the rapidly expanding Southwest Zone of its 100%-owned Troilus Gold Project in Quebec. Notable results include intersections with up to 12.37 g/t AuEq over 1m and the extension of mineralization by over 400 metres northeast into the Gap Zone. The Inferred resource has risen to 580,000 oz AuEq, part of a total resource of 4.96 Moz AuEq. Continued drilling is planned for the spring and summer of 2021 to further explore these promising new zones.
Troilus Gold Corp. (OTCQB: CHXMF) has announced a definitive agreement to acquire all common shares of UrbanGold Minerals Inc. in a strategic move to enhance its mineral holdings within the Frôtet-Evans Greenstone Belt. Troilus currently holds 9.7% of UrbanGold and proposes an exchange ratio of 0.3004 Troilus shares for every UrbanGold share, valuing the transaction at approximately C$19 million. The deal is expected to close by the end of May 2021, contingent on shareholder approval and regulatory clearances.
Troilus Gold Corp. has reported significant assay results from the Southwest Zone of its Troilus Gold Project in Quebec. The gold zone has expanded by 25%, now measuring over 1 km. Key intercepts include 3.65 g/t AuEq over 9m and 1.18 g/t AuEq over 15m, demonstrating strong mineralization continuity towards the Z87 and J Zones. The latest results indicate promising potential for an updated mineral resource estimate and a forthcoming Pre-Feasibility Study set for late 2021.