TLG:TSX; CHXMF:OTCQB

Troilus Gold Corp.

The Troilus Gold Project: A New Life for the Former Troilus Gold Mine - Troilus is an advanced stage exploration and early-development company focused on the mineral expansion and mine re-start of the former gold and copper Troilus mine. The 84,600 hectare Troilus property is located within the FrotÍt-Evans Greenstone Belt in Quebec, Canada. The Troilus mineral resource estimate of 4.71 million ounces of gold equivalent Indicated and 1.76 million ounces of gold equivalent Inferred, has grown 129% since 2017 making Troilus one of the largest undeveloped gold deposits in North America.
TLG:TSX CHXMF:OTCQB

Expert Comments:

Troilus Gold's valuation and similarities to Detour Gold are discussed in a Stifel report.
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A potential mining scenario for Troilus Gold's gold-copper project is presented in a PI Financial report.
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Recent drill results from Troilus Gold's Quebec project are analyzed in a Red Cloud Securities report.
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Recent results from Troilus Gold's drilling of its Southwest zone are discussed in a Haywood report.
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A Laurentian Bank Securities report notes Troilus Gold's new drill results from the final holes of its latest drill campaign demonstrate expansion potential.
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A Cormark Securities report highlights that recent exploration by Troilus Gold yields one of the best holes ever drilled on the property.
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Troilus Gold's most recent drill results at its past-producing Quebec project are discussed in a Stifel GMP report.
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David Erfle, JuniorMinerJunky

(6/3/20)
"Developer/explorer Troilus Gold Corp., on our watchlist, announced a CA$15M bought deal finance on Tuesday, which was immediately upsized to CA$22M the same day; the biggest order in the finance was taken by the Quebec government, along with 33 separate institutions and CA$6M of retail, while having a CA$55M book. This news has presented a lower risk buying opportunity as the company will now be cashed up into 2022."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(6/3/20)
"Troilus Gold Corp. announced a bought-deal financing yesterday that was quickly upsized from $15M to $22M. . .with this deal, the company has lots of cash now to power ahead, over $30M in the bank. . .cash will not slow this story down in any way!"

Gwen Preston, The Maven Letter

(5/27/20)
"Troilus Gold Corp.'s Southwest zone continues to deliver intriguing results for Troilus. . .between the 11 holes reported from this most recent program and the seven holes the company drilled in Q4/19, Troilus has gone 18 for 18 in terms of hitting significant mineralization at shallow depths on the Southwest zone which remains open along strike and at depth."

Tyron Breytenbach, Stifel

(5/15/20)
"Troilus Gold Corp.'s drilling at Troilus continues to show that the Southwest zone has a brittle, high-grade component within the broader bulk volume. A new structural model has increased the frequency of the hits. . .all drill holes reported successfully intersected the targeted system and demonstrated geology similar to the main resource area, Z87."

Jacob Willoughby, Red Cloud Mining Capital

(5/15/20)
"To date, Troilus Gold Corp.'s drilling in the Southwest zone has returned a weighted average grade of 1.05 g/t Au eq (unchanged) over an average 11.5m (was 11.9m), an 11% improvement over the resource grade. We believe the Southwest zone should 1) improve the average grade and 2) expand the resource; the company anticipates releasing an updated resource estimate that incorporates the Southwest zone in Q2/20."

headshot of Pierre Vaillancourt

Pierre Vaillancourt, Haywood Securities

(5/14/20)
"Troilus Gold Corp. is well positioned among exploration peers with a strong balance sheet, a growing resource and pending economic studies. We look for the company to develop the Southwest zone into an open-pittable target that could complement the existing resource or possibly become a starter pit."

More Expert Comments

Experts Following This Company

Tyron Breytenbach, Analyst – Cormark Securities
David Erfle – JuniorMinerJunky
Richard Gray, Analyst – Cormark Securities
headshot of Philip Ker
Philip Ker, Mining Analyst – PI Financial
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
Jared Shilson, Senior Research Associate, Mining – PearTree Securities
headshot of Pierre Vaillancourt
Pierre Vaillancourt, Vice President and Senior Mining Analyst – Haywood Securities
headshot of Ryan Walker
Ryan Walker, Analyst – Echelon Wealth Partners
Jacob Willoughby, VP Research – Red Cloud Securities
Jacques Wortman, Mining Analyst – Laurentian Bank Securities

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
One of the largest undeveloped Gold deposits in North America
 
Strong Balance Sheet, Low risk jurisdiction, major infrastructure in place, blue sky growth potential
 
Strong Institutional & Insider ownership, Experienced leadership team, Finding gold for <$5/oz AUEq vs.$174/oz average global
catalyst Calendar
Q2
2020
Recent deal closing ($25 million bought deal due to close later this month)
Q2
2020
New mineral resource estimate (late June/early July)
Q3
2020
PEA (late August)
Q3
2020
Permit approval for pit dewatering (summer)