STOCK TITAN

Troy Minerals Inc - TROYF STOCK NEWS

Welcome to our dedicated page for Troy Minerals news (Ticker: TROYF), a resource for investors and traders seeking the latest updates and insights on Troy Minerals stock.

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.

Rhea-AI Summary
TroyMinerals Inc. engages Independent Trading Group for market-making services and extends marketing contract with i2i Marketing Group. The agreement with ITG involves a monthly compensation of CAD$5,000 for three months, focusing on enhancing liquidity and maintaining a reasonable market. The extension with i2i Marketing Group is for 60 days or until fund exhaustion of US $150,000, emphasizing the arm's length relationship between the parties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
Tags
none
-
Rhea-AI Summary
TroyMinerals Inc. announces positive results from final drill holes at Lac Jacques REE property, showing significant mineralization and extending mineralization footprint. The company plans a 2024 exploration campaign to capitalize on REE potential, aiming for organic growth and M&A opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.83%
Tags
none
-
Rhea-AI Summary
Troy Minerals Inc. announced positive drill results from the Lac Jacques rare earth element (REE) property, indicating promising mineralization and a healthy treasury of over $3 million. The company's 2024 exploration season is expected to drive shareholder value with planned work on the Vanadium/Titanium Lake Owen project. The drill program tested below and along strike of the discovery trench, resulting in multiple zones of anomalous REE mineralization. The minerals hosting the mineralization have not been definitively identified, but the composition is heavily enriched in light rare elements. The company is optimistic about the future potential of the project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.63%
Tags
none
Rhea-AI Summary
Troy Minerals Inc. confirms no material change in operations despite recent market activity and share price decrease. The company's management is unaware of any significant developments causing the fluctuations. The press release was issued at the request of CIRO, and the Canadian Securities Exchange has not reviewed it.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.63%
Tags
none
-
Rhea-AI Summary
Troy Minerals Inc. announces details of the planned 2024 winter/spring drill program at the Lac Jacques rare earth element (REE) property, located in Canada. The company is in the final stages of permitting to begin diamond drilling on the property, with eight drill sites selected based on soil geochemistry and airborne geophysical data. The President and CEO, Rana Vig, expressed excitement about the upcoming drilling season, highlighting high-grade geochemical samples and new targets to be tested. The drilling will focus on widely-spaced drill sites in the Western Grid area and the Eastern Grid area, testing magnetic anomalies and soil geochemistry. The final geochemical results for the 2023 drill program are still pending.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.09%
Tags
management
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.92%
Tags
none
-
Rhea-AI Summary
Troy Minerals Inc. (TROY) Completes $1 Million Private Placement Financing, Engages Constanta Capital Corp. for Management Services
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Troy Minerals Inc. (TROY) Announces Private Placement Financing of Flow-Through Units for Quebec Mineral Projects
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
Tags
none

FAQ

What is the current stock price of Troy Minerals (TROYF)?

The current stock price of Troy Minerals (TROYF) is $0.091 as of March 3, 2025.

What is the market cap of Troy Minerals (TROYF)?

The market cap of Troy Minerals (TROYF) is approximately 5.6M.

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.
Troy Minerals Inc

OTC:TROYF

TROYF Rankings

TROYF Stock Data

5.59M
60.22M
12.97%
0.01%
Gold
Basic Materials
Link
Canada
Vancouver