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Troy Minerals Inc. (TROYF) is a mineral exploration company with a focus on acquiring, exploring, and developing mineral properties. The company holds interests in various assets, including the Lac Jacques project in Quebec and the Green Gold project in British Columbia. Recently, Troy announced the completion of the staking of a new property highly prospective for rare-earth elements. Additionally, the company signed a binding letter of intent to acquire CBGB Ventures Corp., which holds interests in high purity silica projects in British Columbia and Mongolia. Troy's strategic acquisitions and diversified portfolio position it as a key player in the critical minerals market.
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Troy Minerals Inc. announces the results of the 2023 drone magnetics survey on the Lac Jacques rare earth element (REE) property. The survey defined an east-west trending magnetic anomaly associated with magnetite content in the syenitic intrusive rocks. Further work will commence to identify drill targets for the winter 2024 drill program. The technical information has been reviewed and approved by a qualified person.
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Troy Minerals Inc. (CSE:TROY);(OTCQB:TROYF);(FSE:VJ3) has announced the formation of a strategic advisory board, appointing Michel Jébrak, a highly published economic geologist, to advise and consult with the Company's board of directors and senior management. Mr. Jébrak's distinguished career includes advising the national geological survey of France, the government of Quebec, and serving as a director of Sidex Mining Investment fund. The Company looks to expand its investor base and advance its projects, particularly the Quebec Lac Jacques rare earths project.
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Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) announced the results of the 2023 soil geochemical survey on the Lac Jacques rare earth element (REE) property. The survey revealed strong mineralization, with several samples returning high rare earth element values. The company has completed drilling of four diamond drill holes at the Discovery Trench area, with results expected by mid-January 2024. The Lac Jacques property demonstrates an excellent rare earth element opportunity in a prime mining jurisdiction.
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Troy Minerals Inc. (TROY) Completes $1 Million Private Placement Financing, Engages Constanta Capital Corp. for Management Services
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Troy Minerals Inc. (TROY) Announces Private Placement Financing of Flow-Through Units for Quebec Mineral Projects
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Troy Minerals Inc. (TROY) has added additional claims to the Lake Owen Wyoming project after completing first pass geological mapping. The Company aims to explore for vanadium, titanium, and platinum group elements (PGE) mineralization, with the potential for significant mineralization at the highly prospective North American based target. The US government's critical minerals strategy has also focused on the Lake Owen Complex, with recently completed airborne surveys and mapping by the United States Geological Survey. The Company expects to receive project data and reports in the first quarter of 2024, with geological mapping results to be released in the coming weeks.
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Troy Minerals Inc. (TROY) completes the first phase of drilling on the Lac Jacques REE property. The company also enters into marketing agreements with i2i Marketing Group LLC, Milestone Capital Partners Ltd., and Parting Clouds Media Inc. for investor awareness and public outreach.
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Troy Minerals Inc. (TROY/CSE:TROY/OTCQB:TROYF) closes second tranche of private placement offering, issuing 1,465,943 common shares at $0.35 per share for gross proceeds of $513,080. The Company paid total cash commissions of $13,056 and issued 37,303 finder's warrants. Proceeds will be used for mineral projects, potential acquisitions, marketing, and working capital. The securities will be subject to a four-month hold period.
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Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF) announces completion of USGS airborne magnetics and radiometric survey at Lake Owen Project in Wyoming, USA. Survey focused on critical metals including Titanium, Vanadium, and Platinum Group Elements. USGS geologists performed field work, collecting 42 rock samples for analysis. Project data and reports to be shared with the Company soon.
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Troy Minerals Inc. has completed the first phase of ground exploration on the Lac Jacques Property in Quebec, Canada. The exploration program included collecting 234 soil samples to cover the known mineralization and determine the strike length of a rare earth element (REE) bearing carbonatite dyke. The soil samples have been sent for analysis and results are expected in November. The company has also begun drilling with two inclined holes to test the high-grade REE exposure and the on-strike extension to the east.
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FAQ
What is the current stock price of TROY MINERALS (TROYF)?
The current stock price of TROY MINERALS (TROYF) is $0.1233 as of December 24, 2024.
What is the market cap of TROY MINERALS (TROYF)?
The market cap of TROY MINERALS (TROYF) is approximately 10.3M.
What is Troy Minerals Inc. focused on?
Troy Minerals Inc. focuses on acquiring, exploring, and developing mineral properties.
What recent project did Troy Minerals Inc. announce completion of?
Troy Minerals Inc. recently completed the staking of a new property highly prospective for rare-earth elements.
What strategic acquisition did Troy Minerals Inc. make recently?
Troy Minerals Inc. signed a binding letter of intent to acquire CBGB Ventures Corp., which holds interests in high purity silica projects in British Columbia and Mongolia.
What sets Troy Minerals Inc. apart in the market?
Troy Minerals Inc.'s strategic acquisitions and diversified portfolio position it as a key player in the critical minerals market.
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