TROILUS GOLD CORP - CHXMF STOCK NEWS

Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF) announced promising drill results from the Cressida exploration target at its Troilus property in north-central Quebec. The Cressida target is located approximately 10 kilometers southwest of the former Troilus mine. A recent 6,500-meter drilling program has expanded the known mineralization from 400 meters to 1.3 kilometers, revealing high-grade gold intercepts such as 10.68 g/t Au over 7 meters in hole CRS-032. CEO Justin Reid expressed enthusiasm over the significant width and high-grade results, which indicate growth potential for the project. Further drilling is planned for the 2023 Summer exploration program to continue expanding this high-priority target.

Troilus Gold Corp. (OTCQX: CHXMF) has released promising assay results from its ongoing drilling at Zone X22 in Quebec. The ongoing 7,800-metre drill campaign aims to define and expand mineralization in this area, which has shown significant potential since its late 2022 discovery. The strike length has increased to 1 kilometre, with results indicating high-grade intercepts including 1.36 g/t AuEq over 18m. All findings will influence the upcoming Feasibility Study. More than 4,000 metres of assays are still pending. CEO Justin Reid highlighted the strong continuity of mineralization and its potential positive impact on Troilus's early mine life.

Troilus Gold Corp. (OTCQX: CHXMF) announced assay results from its X22 Zone at the Troilus Project in Quebec. A 6,500 metre drilling campaign aims to define this newly discovered mineralization zone, extending it by 150 metres to the south-west. Over 6,000 metres have been completed, with outstanding results such as 34m at 2.72 g/t AuEq from hole X22-23-027. The mineralization remains open for further exploration. An additional 1,300 metres of drilling is planned, with results expected to enhance the upcoming Feasibility Study and Mineral Resource Estimate. CEO Justin Reid emphasized the strong grade profile and continuity of the mineralization.

Troilus Gold Corp. reported promising assay results from Zone X22 at its Troilus Project in Quebec, indicating a new mineralized corridor extending over 800 meters. Significant intercepts include 18m at 1.34 g/t AuEq and 9m at 2.42 g/t AuEq. These findings will be included in the upcoming Definitive Feasibility Study. CEO Justin Reid highlighted the potential of Zone X22 to enhance the grade profile of the project, emphasizing its shallow depth and continuity. The company maintains a robust balance sheet and plans to continue targeted drilling to maximize the impact of the Feasibility Study.

Troilus Gold Corp. reported positive assay results from the Connector Zone at its Troilus Project in Quebec. The ongoing drill program aims to expand on previously identified high-grade mineralization between the Z87 and J4 open pits. Noteworthy results include drill hole 87-451, which yielded 4.33 g/t AuEq over 29 meters, and 87-449, which reported 2.07 g/t AuEq over 11.2 meters. CEO Justin Reid emphasized the implications of these results for the project’s future, suggesting they could enhance the mine plan and project economics. The company plans further exploration to identify high-grade near-surface targets for their upcoming Feasibility Study, expected in H2 2023.

Troilus Gold Corp. (OTCQX: CHXMF) achieved significant milestones in 2022, including successful exploration drilling of 83,000 meters, confirming high-grade discoveries across main zones. The Company initiated its permitting process for the Troilus Project and advanced its engineering work, including pilot plant metallurgical testing with high recovery rates. Notable financial progress included the sale of non-core claims for $40 million and a $10 million investment from Sayona Mining. Looking ahead, Troilus aims for an updated Mineral Resource estimate in Q1 2023 and a Feasibility Study in H2 2023, expecting a robust year of development and exploration.

Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF) announced positive drilling results from its Z87 zone in Quebec. The recent 11,000-metre drill program confirmed high-grade mineralization connecting the Z87 and J open pits, termed the 'Connector Zone'. Notable intercepts include 1.75 g/t AuEq over 138m and significant growth potential for indicated and inferred resources. CEO Justin Reid expressed confidence in the project's economics and further resource expansion.

Troilus Gold Corp. has reported initial results from its Summer 2022 regional exploration program at the Troilus property in Quebec. Conducted from May to October, the program involved extensive fieldwork, collecting over 5,000 samples. Significant findings include a multi-kilometre gold trend with a 1.5 g/t gold outcrop and high-grade boulders reaching up to 32.2 g/t gold, leading to the discovery of the "Rocket" target. This discovery is positioned close to Sumitomo's Regnault target, enhancing exploration potential, as Troilus aims to reaffirm the area's extensive mineralization.