Troy Minerals Inc Stock Price, News & Analysis

Troy Minerals (OTCQB:TROYF / CSE:TROY) announced exploration progress at its 100%‑owned Table Mountain High‑Purity Silica Project near Golden, British Columbia on October 16, 2025. The 2025 program completed systematic channel sampling across the main quartzite resource zone with 47 samples collected at ~1‑metre intervals over ~2,500 m². Channels were cut perpendicular to bedding to approximate true widths and to complement 2024–2025 UAV LiDAR mapping.

All samples were submitted to ALS Geochemistry (Kamloops) for analysis with results expected in the coming weeks. UAV LiDAR data from September 2025 is being processed to finalize drill pad/access design ahead of a planned 2026 drill program and metallurgical test work.

Troy Minerals (OTCQB:TROYF) announced that subsidiary Grand Samsara obtained official registration of the Tsagaan Zalaa Silica Project with Mongolia's Mineral Resources and Petroleum Authority, a critical step toward an operational mining license.

The Project covers 1,670.28 hectares, lies 95 km from Sainshand and 18 km from Saikhandulaan community, and hosts high-purity quartz veins up to 5 m wide. Troy said it submitted the Mining License application in February 2025 and is targeting a full Mine Operating License by Q4 2025–Q1 2026. Remaining steps include technical studies, an EIA, CSR agreement, blasting permit, and export offtake sampling.

Troy Minerals (OTCQB:TROYF) has completed its 2025 summer field exploration program at its 100% owned Table Mountain High-Purity Silica Project in British Columbia, Canada. The company recently announced a maiden Mineral Resource Estimate of 56.9 million tonnes Inferred at 98.91% SiO₂.

Key developments include: expansion of the project area by 222.2 hectares to 2,526.3 hectares total, completion of channel sampling across the main quartzite silica zone, collection of 250 kg bulk samples for metallurgical studies, and completion of a UAV LiDAR survey across 3.5 square kilometers. The project's strategic location near the Trans-Canada Highway and CPKC Golden Rail Yard enhances its infrastructure advantages.

Troy has submitted drill permits for the 2026 season and plans to conduct metallurgical work and scoping studies during the winter season.

Troy Minerals (OTCQB:TROYF) has appointed Taylor Sulik to its Advisory Board. Sulik brings significant expertise as a U.S. intelligence and security professional with over seven years of experience in the United States Coast Guard. He currently serves as president of Mithril Mining Corp. and holds strategic advisory positions in the critical minerals sector.

Sulik's extensive involvement includes membership in the Critical Minerals Forum, Defense Industrial Base Consortium, and various industrial alliances. His appointment aligns with Troy's strategic focus on developing critical mineral projects, particularly following their recent scandium/gallium/vanadium discovery at the Lake Owen project in Wyoming.

Troy Minerals (OTCQB:TROYF) has successfully completed its LIFE Offering, raising $1.5 million through the issuance of 15 million units at $0.10 per unit. Each unit comprises one common share and half of a common share purchase warrant.

The warrants allow holders to purchase additional common shares at $0.15 per share within a two-year period. The company paid $43,062 in cash finder's fees. Securities issued to Canadian residents under the offering are not subject to resale restrictions, though warrants and shares issued upon warrant exercise have a four-month contractual hold period.

Troy Minerals (OTCQB:TROYF) has filed a Technical Report for its maiden Inferred Mineral Resource Estimate at the Table Mountain Project in British Columbia. The report confirms a significant high-purity silica resource of 56.9 million tonnes at 98.91% SiO₂.

The Table Mountain Project, strategically located near Golden, BC, spans 2,304 hectares with excellent infrastructure including proximity to the Trans-Canada highway and railway access just 4km away. The property features up to 10 kilometers of mapped strike length of the Mount Wilson Formation quartzite.

The company plans to advance the project through a Phase II exploration program aimed at resource expansion and category upgrades, followed by comprehensive metallurgical testing and economic studies.

Troy Minerals (CSE:TROY) has provided an update on the airborne geophysical survey at its Lake Owen Project in Wyoming, USA. The 1,424-hectare project, located 50 km southwest of Laramie, is being explored for titanomagnetite-hosted mineralization with potential for vanadium, titanium, PGE, and other critical minerals.

The project is supported by the USGS Earth MRI initiative, which provided high-resolution airborne magnetic and radiometric survey data. Troy has engaged Geophysics One Inc. to process and interpret the survey data, which covers 16,400 line-km flown at 200m intervals, with the Lake Owen Complex subset infilled at 100m line separation.

Recent drilling results from February 2025 confirmed high concentrations of vanadium pentoxide and titanium dioxide, along with the discovery of scandium, enhancing the project's critical mineral profile.

Troy Minerals (OTCQB:TROYF) has announced a private placement offering of 10,000,000 to 15,000,000 units at $0.10 per unit, aiming to raise up to $1.5 million in gross proceeds. Each unit consists of one common share and one-half of a common share purchase warrant.

The warrants will allow holders to purchase additional common shares at $0.15 per share for a two-year period. The proceeds will fund exploration projects in British Columbia, Mongolia, and Wyoming, along with marketing, working capital, and general corporate purposes. The offering is expected to close by July 31, 2025.

The units will be offered through the listed issuer financing exemption in British Columbia and Ontario, with warrant-underlying shares subject to a four-month contractual hold period. The offering requires CSE approval, and the company may pay finder's fees in accordance with CSE policies.

Troy Minerals (OTCQB:TROYF) has announced a maiden Inferred Mineral Resource Estimate (MRE) for its 100%-owned Table Mountain Project in British Columbia, Canada. The initial resource estimate reveals 56,945,602 tonnes of high-purity silica at an average grade of 98.91% SiO₂, with analytical sampling results ranging from 95.82% to 99.82% SiO₂.

The resource estimate, prepared by Ray GeoConsulting Corporation in accordance with NI 43-101 standards, demonstrates significant potential as the deposit remains open along strike and at depth. The quartzite deposit has a bulk density of 2.766 t/m³ and is part of the Ordovician Mount Wilson Formation.

Troy Minerals has outlined its next steps, including the preparation of a detailed NI 43-101 Technical Report to be filed within 45 days, a Phase II exploration program aimed at resource expansion and category upgrades, and comprehensive metallurgical testing to confirm the silica's suitability for high-end industrial applications. The company plans to initiate scoping and economic studies following the metallurgical testing phase.