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Troilus Gold Corp is a leading gold exploration and development company with a focus on its Large Scale Open-Pit Project. Their low-cost production model has yielded strong economic results in the current inflationary environment. The company boasts attractive capital intensity and significant exploration upside. The 2024 Feasibility Study outlines the project's potential, showcasing robust cash flow projections, and a comprehensive process flowsheet.
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Troilus Gold Corp. announces that Sayona Mining has divested its entire equity position in Troilus, selling approximately 19.2 million shares at C$0.63 through a block trade. The shares were acquired by new and existing core institutional shareholders, with an additional 1.2 million shares sold on the open market. Sayona, a large shareholder since 2022, sold its position to strengthen its balance sheet. Troilus retained a 2% NSR on mineral products from the properties. The CEO, Justin Reid, expressed gratitude for Sayona's support and highlighted the smooth transition to new institutional investors, reinforcing confidence in the Company's growth potential.
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Troilus Gold Corp provides an operational update on its Troilus Project in Quebec, with a focus on optimizing production of copper and higher-grade gold. The Feasibility Study is on track for release in May 2024. Warrant exercises have injected $3 million into the company's treasury.
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Troilus Gold Corp. announces the retirement of CFO Denis C. Arsenault, effective February 1, 2024, with Corporate Controller Susanna Milne stepping into the role. Milne brings two decades of experience in the mining sector, specializing in financial reporting, regulatory compliance, and strategic financial planning. She has been integral to the company's strategic achievements since joining in 2017.
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Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FRA: CM5R) has provided a review of its key accomplishments in 2023 and an outlook for 2024 in an open letter to shareholders from CEO Justin Reid. Despite challenges in the junior mining sector and forest fires in Quebec, the Troilus Project has been significantly enhanced, establishing it as one of the largest undeveloped gold-copper deposits in North America.
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Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) announces strategic divestiture of non-core Mike Lake properties to Prospector Metals Corp, streamlining its portfolio and focusing on Troilus Gold Project in Quebec.
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Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF) reports the election of directors at the Annual Special & General Meeting of Shareholders, with detailed results of the vote and the appointment of the Company's auditors and the re-approval of the Incentive Share Unit Plan.
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Troilus Gold Corp. announces leadership transitions and provides operational update
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Troilus Gold Corp. reports assay results from the X22 Zone at its Troilus Project in Quebec, Canada. The results confirm mineral continuity and high-grade mineralization in the zone. The final set of drill holes from the X22 definition drill program will be included in the upcoming mineral resource estimate. The X22 expansion and infill drilling program has defined and expanded the mineralization trend, which now has a strike length of ~1km. The company expects to complete the mineral resource estimate in the coming weeks.
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FAQ
What is the current stock price of TROILUS GOLD (CHXMF)?
The current stock price of TROILUS GOLD (CHXMF) is $0.2407 as of January 22, 2025.
What is the market cap of TROILUS GOLD (CHXMF)?
The market cap of TROILUS GOLD (CHXMF) is approximately 77.3M.
What is Troilus Gold Corp's core focus?
Troilus Gold Corp focuses on gold exploration and development with its Large Scale Open-Pit Project.
What sets Troilus Gold Corp apart?
Troilus Gold Corp stands out due to its low-cost production model, strong economic results, attractive capital intensity, and significant exploration upside.
What does the 2024 Feasibility Study reveal?
The 2024 Feasibility Study showcases the project's potential, including robust cash flow projections and a comprehensive process flowsheet.
Who are some key figures at Troilus Gold Corp?
Key figures at Troilus Gold Corp include Vlad Rojanschi, Laurent Gareau, Pierre Primeau, and Marc Rougier, who play critical roles in the company's operations.
How can I contact Troilus Gold Corp for more information?
For more information, you can contact Caroline Arsenault, VP Corporate Communications, at +1 (647) 407-7123 or email info@troilusgold.com.
What is the main focus of Troilus Gold Corp's exploration?
Troilus Gold Corp primarily focuses on gold exploration and development, with a keen interest in its Large Scale Open-Pit Project.
What are the key benefits of investing in Troilus Gold Corp?
Investing in Troilus Gold Corp offers exposure to a company with a low-cost production model, strong economic results, and potential for significant exploration upside.
What are the significant achievements of Troilus Gold Corp?
Troilus Gold Corp has achieved significant milestones, including robust cash flow projections and comprehensive process flowsheet in the 2024 Feasibility Study.
What is the geographic focus of Troilus Gold Corp?
Troilus Gold Corp's primary geographic focus is on its Large Scale Open-Pit Project, showcasing its commitment to gold exploration and development.
How does Troilus Gold Corp navigate the current inflationary environment?
Troilus Gold Corp leverages its low-cost production model and attractive capital intensity to navigate the challenges of the current inflationary environment.
TROILUS GOLD CORP
OTC:CHXMF
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77.27M
190.21M
2.16%
33.56%
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