Welcome to our dedicated page for Troy Minerals news (Ticker: TROYF), a resource for investors and traders seeking the latest updates and insights on Troy Minerals stock.
Troy Minerals Inc (TROYF) maintains an active news center for stakeholders tracking critical mineral exploration and strategic developments. This resource consolidates official updates from the company's silica, vanadium, and rare earth element projects across North America and Mongolia.
Investors and analysts will find timely information on resource estimates, permitting milestones, and operational expansions. Key updates include progress reports from the Table Mountain Silica Project, Tsagaan Zalaa developments, and technical insights from the Lac Jacques rare earth elements program.
The news archive features verified updates on corporate strategy, NI 43-101 compliant technical disclosures, and partnership announcements. All content undergoes rigorous verification to ensure alignment with financial reporting standards and mining sector best practices.
Bookmark this page for direct access to Troy Minerals' latest exploration results, market communications, and strategic acquisition updates. Regular visitors gain advantage in monitoring the company's progress across multiple high-potential mineral jurisdictions.
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.
Troy Minerals (OTCQB: TROYF) has provided an update on the geophysical survey analysis at its Lake Owen Project in Wyoming. The 1,424-hectare project, located 50 km southwest of Laramie, is being explored for titanomagnetite-hosted mineralization. Recent maiden drilling confirmed high concentrations of vanadium pentoxide and titanium dioxide, along with scandium discovery.
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 this data. The survey, conducted by EON Geosciences, covered 16,400 line-km with 100m line separation over the Lake Owen Complex in 2023. The data reveals consistent rhythmic magnetic layers extending 10 km or more laterally.
Troy Minerals (TROYF) has completed its maiden two-hole drilling program at the Lake Owen Project in Wyoming, discovering critical minerals including Scandium (REE). The project, located 50 km southwest of Laramie, is a Proterozoic layered mafic intrusion complex similar to the Stillwater Complex and Merensky Reef.
Key findings from the 607.77-meter drilling program include:
- Several anomalous zones of Titanium (>1%) discovered
- Elevated Vanadium values correlating with titanium enrichment
- Significant Scandium concentrations in sampled Mag Gabbro and Green Gabbro zones
Drill hole LO24-01 revealed promising results with titanium and vanadium enrichment, while LO24-02 showed no anomalous values. The company has expanded its footprint to 185 Claims and is planning a second phase exploration program for summer 2025.
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