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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. (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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Troy Minerals Inc. closes private placement offering, raising $3,000,200
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Troy Minerals Inc. announces private placement financing of up to 11,428,571 common shares at $0.35 per share for gross proceeds of up to $4 million. Proceeds will be used for advancing mineral projects, potential acquisitions, marketing, and working capital. Securities subject to a four-month hold period.
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Troy Minerals announces USGS survey at Lake Owen Project in Wyoming, potential boost to exploration and targeting strategy
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Troy Minerals Inc. has entered into a purchase agreement to acquire a 100% interest in the Lac Jaques Property in Quebec, Canada. The consideration for the acquisition includes $50,000 in cash, common shares of Troy, and a commitment to complete a $150,000 work program. Additional payments will be made upon the establishment of a resource and completion of a prefeasibility study. The project has potential for rare earth element minerals.
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FAQ
What is the current stock price of Troy Minerals (TROYF)?
The current stock price of Troy Minerals (TROYF) is $0.11285 as of February 28, 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