TLG:TSX; CHXMF:OTC; CM5R:FRA

Troilus Gold Corp.

Troilus Gold Corp. is a Canadian based junior mining company focused on the systematic advancement and de-risking of the past-producing gold and copper Troilus Project towards production. . Troilus is located in the top rated mining jurisdiction of Quebec, Canada, where it holds a strategic land position of 1,420 km² in the Frôtet-Evans Greenstone Belt. Since acquiring the project in 2017, ongoing exploration success has demonstrated the tremendous scale potential of the gold system on the property with a 142% increase to estimated Indicated mineral resources and a 350% increase to estimated Inferred resources. The Company is advancing engineering studies following the completion of a robust Preliminary Economic Assessment (“PEA”) in 2020, which demonstrated the potential for the Troilus project to become a top-ranked gold and copper producing asset in Canada. Led by an experienced team with a track-record of successful mine development, Troilus is positioned to become a cornerstone project in North America.

TLG:TSX CHXMF:OTC CM5R:FRA

Expert Comments:

One Quebec-based junior is breathing life into an old gold camp and is poised for a re-rating in the coming months as it calculates a new resource estimate as part of its prefeasibility study — slated for mid-2022.
read more >

Stifel GMP

(4/21/22)
"Troilus Gold Corp.'s recent drilling has been focused on the Gap zone, a previously untested area between the Southwest and the Main Z87 zones. This target area is 2.5 km long and is bookended by two large resources; the potential to 'connect the dots' between Main and Southwest is very high."

headshot of Brock Salier

Brock Salier, Sprott Equity Research

(4/20/22)
"We see two key takeaways from today’s drilling by Troilus Gold Corp.: First, the Southwest system clearly continues north (now 900m outside the preliminary economic assessment pit); whilst many of the hits today are deep in places, it is great to see 15m at 3.1 g/t Au eq right at surface here. Second, the 7m at 4 g/t Au eq sits alone in the middle of a 2 km 'gap zone' between deposits, which suggests plenty of runway for growth."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(4/6/22)
"The system at Testard proved to be much larger than Troilus Gold Corp. thought, with highlights from [initial] drilling including 4.6 g/t over 7.6m, including 20.2 g/t over 1.2m. . .it's not just the grades and the widths here. The company is confident is has defined a second, large-scale structural zone on the property that may mirror the deposit-hosting zone at Troilus."

read more >
headshot of Brock Salier

Brock Salier, Sprott Equity Research

(3/31/22)
"Results from a maiden six holes on Troilus Gold Corp.'s Testard target, 10 km from the core 8 Moz resource, hit eight intervals including 7.6m at 4.6 g/t Au from 259m and 3.2m at 6.7 g/t from 25m. . .not only is the headline 7.6m at 4.6 g/t encouraging in its own right, the scale potential is evidenced by its location about 400m from 200–2,440 g/t Au surface samples, and lies on an entirely new structural trend."

Jacques Wortman, Laurentian Bank Securities

(3/31/22)
"Troilus Gold Corp. announced encouraging assay results from initial drilling at the Testard target, located 10 km south of the former mine site. . .these strong initial results also highlight the district scale potential of the underexplored Frotet-Evans greenstone belt."

read more >
headshot of Brock Salier

Brock Salier, Sprott Equity Research

(3/17/22)
"Troilus Gold Corp. is a drill bit story, backstopped by existing endowment, so price drivers are more ounces and rerating to definite feasibility study/mergers and acquisitions/build. As such, we initiate coverage with a Buy rating."

Troilus Gold Corp. released drill results from eight new holes at its Troilus property. A mining analyst at Laurentian Bank Securities Equity Research commented in a research note that the results appear to confirm that the Southwest Zone is the project's "Center of Gravity".
read more >

More Expert Comments

Experts Following This Company

headshot of Peter Krauth
Peter Krauth, Pres – Gold Resource Investor
Timothy Lee, Mining Analyst – Red Cloud Securities
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
headshot of Brock Salier
Brock Salier – Sprott Equity Research
Jacques Wortman, Mining Analyst – Laurentian Bank Securities

Company News 

5/4/2022 – Troilus Drills 13.64 g/t AuEq Over 3m, Incl. 29.81 g/t Over 1m, 2.42 g/t AuEq Over 6m, 2.11 g/t AuEq Over 10m in the Southwest Zone; New Mineral Extension Identified 300m Below PEA Pit Shell

4/21/2022 – Troilus Drills Record High-Grade in Southwest Zone: 92 G/T and 68 G/T Gold Over 1m, and 3.07 G/T AuEq Over 15m, Zone Extended +200m; Initial Gap Zone Drilling Returns 4.2 G/T AuEq Over 7m

4/14/2022 – TROILUS ANNOUNCES PROMOTION OF BLAKE HYLANDS TO PRESIDENT

4/4/2022 – Troilus Announces New Gold Discovery on Globex's Lac Testard Royalty Property

3/31/2022 – Troilus Announces New Discovery at Testard: Drills 4.6 g/t Gold Over 7.6m, Incl. 20.2 g/t Over 1.2m; 6.7 g/t Gold Over 3.2m, 10km From Main Mine Site

2/28/2022 – Troilus Reports 92.9% Gold Recovery and 90.4% Copper Recovery From J Zone Pilot Plant Test Program

2/24/2022 – Troilus Engages Tugliq Energy to Develop a Roadmap to a Carbon Neutral Future

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
 
8.1 Moz AuEq (Indicated + Inferred) Resource in top-rated mining jurisdiction of Quebec, Canada
 
Brownfield Site with ~US$350M worth of inherited infrastructure; Strong Balance Sheet ($30.4M as of Jan 31, 2022)
 
Pre-Feasibility Study and Updated Mineral Resource Estimate in mid-2022
catalyst Calendar
Q1
2022
Permitting Process Initiated
Q2
2022
Pre-Feasibility Study
Q2
2022
Updated Mineral Resource (incl. inaugural Reserve)
Q4
2022
Feasibility Study