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. reports developments tied to its Troilus copper-gold project in north-central Québec, Canada. Recurring updates cover exploration drilling across the project land package, near-mine resource growth, engineering progress, construction-readiness planning, permitting and project financing activities.
Company news also includes commercial arrangements for copper-gold concentrate, lender and export-credit agency engagement, technical validation work, and finance or governance changes that support the transition from project definition toward mine development.
Troilus Mining (OTCQX: CHXMF) reported new high-grade drill results from the West Rim Zone at its Quebec copper-gold project.
Highlights include 19.06 g/t AuEQ over 6.4 m and 6.81 g/t AuEQ over 5 m near surface, outside the current mineral resource and within 200 m of the reserve pit.
The results outline a shallow high-grade corridor, remain open along strike and at depth, and will guide an expanded Phase 2 drill program within a largely underexplored five-kilometre trend.
Troilus (OTCQX: CHXMF) hosted Québec government leaders at its copper-gold project for the official allocation of 70 MW of hydroelectric power.
According to Troilus, this clean power will support future construction and operations, expected to create about 1,000 construction jobs and 680 long-term operating jobs in Northern Québec.
The company also continues project financing and technical due diligence tied to a US$1.2 billion debt financing mandate, with recent site visits by international financial institutions and export credit agencies.
Troilus Mining (OTCQX: CHXMF) received a 70 MW power allocation from Hydro-Québec and Quebec’s MEIE for the Troilus copper-gold project. This supports mine construction and operations, leverages Québec’s low-carbon hydro grid, and aligns with advancing permitting, engineering, and financing.
The May 2024 Feasibility Study outlines a 22-year mine life, average annual production of 303,000 AuEq ounces (135.4M lbs CuEq), peak production of 536,400 AuEq ounces, plus about 1,000 construction and 680 operating jobs.
Troilus Mining (OTCQX:CHXMF) reported initial 2026 drill results from the West Rim zone at its Troilus copper-gold project in Quebec.
Highlights include 2.92 g/t AuEq over 19 m and 1.97 g/t AuEq over 20 m, all outside the current resource and within 200 metres of the North Reserve Pit, supporting potential open pit and underground scenarios.
Troilus (OTCQX: CHXMF) increased its debt financing mandate from up to US$1.0 billion to up to US$1.2 billion to support the Troilus copper-gold project in north-central Québec. The mandate is led by Societe Generale, KfW IPEX-Bank and Export Development Canada, and includes export credit agency support.
Debt due diligence is advanced; finalization remains subject to credit approvals, definitive documentation and satisfaction of conditions precedent as the company progresses toward a construction decision.
Troilus (OTCQX: CHXMF) announced a 2026 exploration program featuring approximately 40,000 metres of drilling across its 435 km² Troilus project in Québec to target near-mine resource growth, high-grade targets, and regional prospects.
The program allocates ~10,000m to Z87 hanging wall testing and ~15,000m to Z87 underground targets, plus regional tests at Bear Lake and Waubimo, with QA/QC procedures and AuEq formulas disclosed.
Troilus (OTCQX: CHXMF) completed Basic Engineering and is advancing Detailed Engineering for its copper-gold Troilus Project in north-central Québec. The company formalized an integrated EPCM with BBA and EBC, engaged Sedgman for independent plant review, and is executing geotechnical and metallurgical validation programs. Site readiness actions include J Pit dewatering completion and camp expansion from 80 to ~200 personnel to support construction staging.
The update emphasizes execution readiness while a formal construction decision remains pending.
Troilus (OTCQX: CHXMF) signed a Memorandum of Understanding with Boliden for long-term copper-gold concentrate offtake from the Troilus Project in north-central Québec. The MoU formalizes prior indicative terms and complements an existing MoA with Aurubis, supporting the company’s concentrate marketing and financing strategy.
The Company cites a senior project debt facility of up to US$1 billion in development and reiterated expected production of ~135.4 million lbs copper equivalent or 75,000 WMT of concentrate (Feasibility Study basis).
Troilus Mining Corp (OTCQX: CHXMF) appointed Marty Rendall as Chief Financial Officer, effective March 1, 2026, while Susanna Milne will become Vice President, Finance. The move is described as strengthening financial leadership as the company advances toward construction readiness.
Rendall brings nearly 30 years of mining finance experience, including CFO roles at Electra Battery Materials and Victoria Gold, where he helped complete more than C$1 billion of financings.
Troilus (OTCQX: CHXMF) summarized its 2025 exploration at the Troilus copper-gold Project (435 km2) and released initial assay and geophysics results that indicate near-mine resource upside and new targets across the property. The program drilled 13,320 metres (11,880 m inside the Phase 1 reserve pit area), completed 2,144 line-km VTEM and 27.85 line-km IP surveys, and collected 2,887 soil samples. Key assays include 2.44 g/t AuEq over 56 m, 78.38 g/t AuEq over 2 m, and extensions returning 1.46 g/t AuEq over 13 m. A new Bear Lake trend was discovered outside the May 2024 pit shell and remains open. 3D geophysical modelling is underway to prioritize 2026 drilling.