STOCK TITAN

Troy Minerals Expands Table Mountain Silica Project

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Troy Minerals (TROYF) has expanded its Table Mountain Silica Project near Golden, British Columbia through the staking of two additional mineral claims. The new claims total 606 hectares and are contiguous to the existing property, bringing the project's total area to 2,304 hectares.

The expansion strengthens Troy's position in a region known for high-purity silica deposits within the Mount Wilson Formation. The newly acquired claims are accessible through existing infrastructure and are strategically located adjacent to the current Table Mountain claims.

Troy Minerals (TROYF) ha ampliato il suo Progetto di Silice di Table Mountain vicino a Golden, in Columbia Britannica, attraverso l'acquisizione di due ulteriori diritti minerari. Le nuove concessioni coprono un totale di 606 ettari e sono contigue alla proprietà esistente, portando l'area totale del progetto a 2.304 ettari.

Questa espansione rinforza la posizione di Troy in una regione nota per i depositi di silice ad alta purezza all'interno della Formazione di Mount Wilson. Le concessioni appena acquisite sono accessibili tramite infrastrutture esistenti e sono strategicamente situate adiacenti ai diritti minerari attuali di Table Mountain.

Troy Minerals (TROYF) ha ampliado su Proyecto de Sílice de Table Mountain cerca de Golden, Columbia Británica, mediante la obtención de dos derechos mineros adicionales. Las nuevas concesiones suman un total de 606 hectáreas y son contiguas a la propiedad existente, llevando el área total del proyecto a 2.304 hectáreas.

La expansión refuerza la posición de Troy en una región conocida por sus depósitos de sílice de alta pureza dentro de la Formación Mount Wilson. Las nuevas concesiones son accesibles a través de la infraestructura existente y están estratégicamente ubicadas adyacentes a las concesiones actuales de Table Mountain.

Troy Minerals (TROYF)가 브리티시컬럼비아주 골든 근처의 테이블 마운틴 실리카 프로젝트를 두 개의 추가 광업 권리 취득을 통해 확장했습니다. 새로운 광업 권리는 총 606 헥타르이며 기존 자산과 맞닿아 있어 프로젝트의 총 면적은 2,304 헥타르에 이르게 됩니다.

이번 확장은 마운트 윌슨 포메이션 내 고순도 실리카 자원으로 유명한 지역에서 Troy의 입지를 강화합니다. 새로 인수한 광업 권리는 기존 인프라를 통해 접근할 수 있으며 현재의 테이블 마운틴 권리 인근에 전략적으로 위치해 있습니다.

Troy Minerals (TROYF) a élargi son Projet de Silice de Table Mountain près de Golden, en Colombie-Britannique, grâce à l'acquisition de deux droits miniers supplémentaires. Les nouvelles concessions totalisent 606 hectares et sont contiguës à la propriété existante, portant la superficie totale du projet à 2.304 hectares.

Cette expansion renforce la position de Troy dans une région connue pour ses dépôts de silice de haute pureté au sein de la Formation de Mount Wilson. Les nouvelles concessions acquises sont accessibles via l'infrastructure existante et sont stratégiquement situées adjacentes aux concessions actuelles de Table Mountain.

Troy Minerals (TROYF) hat sein Table Mountain Silica Project in der Nähe von Golden, British Columbia, durch die Eintragung von zwei zusätzlichen Bergbauansprüchen erweitert. Die neuen Ansprüche umfassen insgesamt 606 Hektar und sind angrenzend an das bestehende Grundstück, wodurch die Gesamtfläche des Projekts auf 2.304 Hektar steigt.

Die Erweiterung stärkt Troys Position in einer Region, die für hochreine Silikadeposita innerhalb der Mount Wilson Formation bekannt ist. Die neu erworbenen Ansprüche sind über bestehende Infrastrukturen erreichbar und strategisch neben den aktuellen Table Mountain Ansprüchen lokalisiert.

Positive
  • Strategic expansion of land position by 606 hectares
  • Property now totals 2,304 hectares in prospective silica-rich region
  • New claims are accessible through existing infrastructure
Negative
  • None.

VANCOUVER, BC / ACCESS Newswire / January 30, 2025 / Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) announces the expansion of its Table Mountain Silica Project, located in the highly prospective silica-rich region near Golden, British Columbia, through the direct staking of two additional mineral claims totaling 606 hectares contiguous to the existing property.

"This strategic expansion solidifies the Company's title holdings and enhances our position in a rapidly growing area recognized for its potential in the high purity silica of the Mount Wilson Formation," stated Yannis Tsitos, President of Troy Minerals. "The expansion of the Table Mountain Project marks one more significant milestone in our growth strategy. As the global market for high-purity silica continues to grow, Troy is well-positioned to play an important role in this critical mineral sector."

The Table Mountain Silica Project now comprises 2,304 hectares. The newly acquired claims are accessible through existing infrastructure and cover strategic land adjacent to the existing Table Mountain claims (see Figure 1 below)

Figure 1. Table Mountain Expanded Claims

About the Table Mountain Project

The Table Mountain Silica Project is located 4 kilometres east of Golden, B.C., Canada, with excellent year-round access and proximity to the Canadian Pacific Railway Golden Rail Yard. The property hosts up to 10 kilometers of regionally mapped strike length of the Mount Wilson Formation, with apparent widths ranging from 300 to 1,400 metres at surface. The project is strategically positioned near both the Moberly Silica Mine and Sinova Quartz silica quarry, which exhibit economic grade silica greater than 99.6% SiO₂ purity.

Qualified Person

Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a "Qualified Person" as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Table Mountain Project vendor.

About Troy Minerals

Troy Minerals is a Canadian based publicly listed mining company focused on building shareholder value through acquisition, exploration, and development of strategically located "critical" mineral assets. Troy is aggressively advancing its projects within the silica (silicon), vanadium, and rare earths industries within regions that exhibit high and growing demand for such commodities, in both North America and Central-East Asia. The Company's primary objective is the near-term prospect of production with a vision of becoming a cash-flowing mining company to ultimately deliver tangible monetary value to shareholders, state, and local communities.

ON BEHALF OF THE BOARD,

Rana Vig | CEO & Director
Telephone: 604-218-4766
Email: rana@ranavig.com

Forward-Looking Statements
Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Troy Resources Inc. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of commodity prices, and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

SOURCE: Troy Minerals Inc.



View the original press release on ACCESS Newswire

FAQ

How many hectares did Troy Minerals (TROYF) add to the Table Mountain Silica Project in January 2024?

Troy Minerals added 606 hectares through the staking of two additional mineral claims.

What is the total size of Troy Minerals' Table Mountain Silica Project after the January 2024 expansion?

After the expansion, the Table Mountain Silica Project comprises 2,304 hectares.

Where is Troy Minerals' (TROYF) Table Mountain Silica Project located?

The Table Mountain Silica Project is located near Golden, British Columbia, in a silica-rich region within the Mount Wilson Formation.

Are the new claims at Troy Minerals' Table Mountain project accessible?

Yes, the newly acquired claims are accessible through existing infrastructure and are adjacent to the existing Table Mountain claims.

TROY MINERALS INC

OTC:TROYF

TROYF Rankings

TROYF Latest News

TROYF Stock Data

5.59M
60.22M
12.97%
0.01%
Gold
Basic Materials
Link
United States of America
Vancouver