Troilus

Troilus Announces CFO Transition

Retrieved on: 
Monday, February 5, 2024
Chartered Professional Accountant, Growth, CFO, TLG, FRA, Retirement, CPA, TSX, Troilus, Mining, Management

MONTREAL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FRA: CM5R) (“Troilus” or the “Company”), announces the retirement of Denis C. Arsenault, CPA, CA, Chief Financial Officer (“CFO”), effective February 1, 2024, capping an illustrious 45-year career.

Key Points: 
  • MONTREAL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FRA: CM5R) (“Troilus” or the “Company”), announces the retirement of Denis C. Arsenault, CPA, CA, Chief Financial Officer (“CFO”), effective February 1, 2024, capping an illustrious 45-year career.
  • Susanna Milne, the Company’s Corporate Controller since its inception, will step into the CFO role, bringing her extensive experience and deep understanding of Troilus' financial landscape to the forefront.
  • Justin Reid, CEO & Director of Troilus commented, “Denis has been the cornerstone of our finance team from the very beginning, instrumental in laying the financial groundwork for Troilus' future endeavours.
  • Her appointment as CFO is a testament to her unwavering commitment and proven ability to drive financial excellence and corporate success.

Kenorland Minerals Commences 2024 Winter Drill Program at the Frotet Project, Quebec and Grants Stock Options

Retrieved on: 
Wednesday, January 24, 2024
R10, Vein, R2, Regnault, Project, Mineral, R11, Troilus, Mineral Resources Limited, Technical report, NSR, R4, Mining

Vancouver, British Columbia--(Newsfile Corp. - January 24, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce the commencement of the 2024 winter exploration program at the Frotet Project (the "Project"), located in northern Quebec.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 24, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce the commencement of the 2024 winter exploration program at the Frotet Project (the "Project"), located in northern Quebec.
  • Kenorland is currently the operator of the Project and expects to close the asset exchange with Sumitomo before the end of January.
  • The Winter 2024 program will include up to 17,600m of diamond drilling at the Regnault gold discovery.
  • This program follows the recently completed Fall 2023 exploration program comprised of 20 drill holes for 11,918m of drilling, of which, results are expected to be released during Q1 2024.

Troilus Announces Leadership Transitions and Provides Operational Update

Retrieved on: 
Monday, September 11, 2023
Feasibility study, Cree, Impact assessment, Agility, Engineering, Calendar, Fire, Federal, MRE, Government, United States Navy Special Projects Office, Stantec, Impact Assessment Agency of Canada, Project, Biophysical environment, TSX, TLG, Environment, Social impact assessment, Management, Mining, Risk management, Troilus, Exploration

MONTREAL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF) announces the following leadership transitions.

Key Points: 
  • MONTREAL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF) announces the following leadership transitions.
  • Troilus is pleased to provide an update on its current activities and upcoming milestones.
  • Recognizing Troilus’ favourable standing, the Company has proactively taken the decision to implement cost-cutting measures by carefully evaluating operational efficiencies and identifying non-essential expenditures.
  • Troilus looks forward to delivering on further major catalysts in the coming months, aligned with its development plan towards a producing asset.

Troilus Outlines Plans for Its 2023 Summer Regional Exploration Program, Following Positive Developments in 2022; Robust Financial Position of ~$30m for Continued Project Development

Retrieved on: 
Wednesday, May 31, 2023
Regnault, Feasibility study, Route du Nord, Season, FSE, QA/QC, See, 10K run, Route, Outline, Gold, Acquisition, 20 kilometres, ICP-AES, NI, Anomaly, Prospection, NQ, TSX, TLG, Casimir-Amable Testard de Montigny, Mineral resource estimation, ALS, AA, Mining, Uranium mining, Road, Rare-earth element, Troilus, Exploration, Rocket, Sumitomo Group, Cressida

While the Company’s focus remains on the advancement and development of the formerly producing Troilus gold-copper project towards a mine restart, several prospective regional targets have been advanced to drill-ready status.

Key Points: 
  • While the Company’s focus remains on the advancement and development of the formerly producing Troilus gold-copper project towards a mine restart, several prospective regional targets have been advanced to drill-ready status.
  • The geological understanding of our property continues to improve, evidenced by the expansion of mineralization at existing prospective targets and new regional discoveries.
  • Previous work conducted at Testard returned some of the highest-grade gold occurrences in outcrop at Troilus, including 203 g/t gold.
  • Troilus plans to drill a more extensive program of approximately 3,000 metres at Testard during the 2023 field season.

Troilus Drills 10.78 g/t Gold Over 7m, Incl. 66.8 g/t Gold Over 1m; and 1.64 g/t Gold Over 16m at the Cressida Target, ~10 km Southwest of the Main Resource; Gold Zone Confirmed Over 1.3km Strike Length

Retrieved on: 
Tuesday, April 11, 2023
Geology, Beyan, Fars, FSE, History, Gold, Acquisition, GM, Hole, Anomaly, TSX, Growth, TLG, Mining, Road, Uranium mining, Troilus, Cressida

The Cressida target, which is under a 50/50 joint venture with Argonaut Gold Inc., was inherited through the acquisition of UrbanGold Minerals Inc. (“UGM”) in 2021 (see press release March 23, 2021).

Key Points: 
  • The Cressida target, which is under a 50/50 joint venture with Argonaut Gold Inc., was inherited through the acquisition of UrbanGold Minerals Inc. (“UGM”) in 2021 (see press release March 23, 2021).
  • Justin Reid, CEO of Troilus Gold, commented, “We are very excited by these high-grade results over significant widths, located on trend with the Troilus Project.
  • A total of 6,500 metres were drilled at Cressida with a focus on expanding the known mineralized trend and validating historical drill results.
  • The latest drill results from Cressida have confirmed gold mineralization along a 1.3-kilometre trend; a 900-metre increase from the 400-metre footprint it inherited.

Troilus Drills 1.46 g/t AuEq Over 30m, Incl. 2.62 g/t AuEq Over 11m, and 1.36 g/t AuEq Over 18m in Zone X22

Retrieved on: 
Thursday, March 30, 2023
Feasibility study, X22, Z87, FSE, PEA, TSX, TLG, Rare-earth element, Road, Troilus

The X22 delineation program is nearing completion, however over 4,000 metres of assays are pending and will be reported as they become available.

Key Points: 
  • The X22 delineation program is nearing completion, however over 4,000 metres of assays are pending and will be reported as they become available.
  • Zone X22 Drill Intercept Highlights:
    Intersected 1.36 g/t AuEq over 18m and 3.62 g/t AuEq over 3 metres within a broader intersection of 0.94 g/t AuEq over 32m, extending down-dip mineralization by 50 metres beyond previously reported hole X22-23-024, which intersected 1.49 g/t AuEq over 34.5m (see Figure 2).
  • Hole 87-22-446 previously intercepted 1.66 g/t AuEq over 19.5m within a broader intersection of 34.5m at 1.49 g/t AuEq (87-22-446).
  • Further drilling will now infill the previously drilled step out holes to further define the body of mineralization at X22.

Troilus Drills 2.72 g/t AuEq Over 34m, Incl. 10.83 g/t AuEq Over 6m and 1.49 g/t AuEq Over 35.5m, Incl. 2.55 g/t AuEq Over 4.5m in Zone X22; Extends Its Strike Length 150m to 1km

Retrieved on: 
Thursday, March 23, 2023
Feasibility study, X22, Resource, Z87, .500 S&W Magnum, FSE, PEA, TSX, TLG, Mineral resource estimation, Oil, Road, Mining, Troilus

The Company has completed 6,000 metres of the planned 6,500 metre drill program, with over 4000 metres of assays pending.

Key Points: 
  • The Company has completed 6,000 metres of the planned 6,500 metre drill program, with over 4000 metres of assays pending.
  • Based on the excellent results to date, an additional 1,300 metres of drilling is planned to continue delineating this expanding zone.
  • The footprint of X22 has grown significantly (see Figure 1), with drilling demonstrating much higher than average grade, over significant widths.
  • All results reported herein lie entirely outside of the PEA pit shells and will be included in the upcoming Feasibility Study.

Troilus Drills 4.33 g/t AuEq Over 29m, incl. 6.37 g/t Over 18m at the 87-J Connector Zone

Retrieved on: 
Thursday, January 26, 2023
Economics, J4, Travel, FRA, TSX, PEA, Magnetism, Geology, Feasibility study, TLG, Troilus, Z87, Mining, Television set, Uranium

The latest results further demonstrate high-grade mineral continuity extending on a north, north-west trend between the two formerly mined pits (see Figures 1 and 2).

Key Points: 
  • The latest results further demonstrate high-grade mineral continuity extending on a north, north-west trend between the two formerly mined pits (see Figures 1 and 2).
  • 2.07 g/t AuEq over 11.2m, including 4.07 g/t AuEq over 5m
    This interval is located directly at surface; the hole collared into bedrock within this high-grade mineralized zone.
  • The mineralized interval of 4.3 g/t AuEq over 29 metres is one of the most consistently high-grade intervals drilled at Troilus, with 17 of the 29 samples within the zone returning values greater than 3.0 g/t AuEq.
  • The use of oriented core and airborne magnetics has helped to understand and support this interpretation (see Figure 2 below).

Troilus Presents Its 2022 Year-In-Review & Outlook for 2023; an Open Letter to Shareholders From the CEO

Retrieved on: 
Tuesday, January 17, 2023
A Feasibility Study, PEA, Impact Assessment Agency of Canada, Project, Resource management, J4, NSR, Nordic combined at the 2010 Winter Olympics – Individual large hill/10 km, Mineral, Jacques Testard de Montigny, Juba Initiative Project, TSX, IAAC, FRA, Copper, Environment, Knowledge, Feasibility study, United Nations Global Compact, NI, Engineering, Silver, Economics, Québec solidaire candidates in the 2008 Quebec provincial election, Map, Biophysical environment, Sayona, GHG, Federal, Letter, Social impact assessment, Gold, Disclosure, Z87, TLG, Mining, Risk management, Uranium, Renewable energy, Exploration, ESIA, Troilus

A copy of the letter is presented below, while the original document can be found on our website HERE .

Key Points: 
  • A copy of the letter is presented below, while the original document can be found on our website HERE .
  • I am pleased to elaborate on what we achieved in 2022 in the following pages.
  • We want to extend our heartfelt thanks to our institutional and individual shareholders, and all our stakeholders, who continue to support us.
  • Mr. Frank is an employee of Troilus and is not independent of the Company under NI 43-101.

Troilus to Attend the Upcoming Metals Investor Forum and the Vancouver Resource Investment Conference

Retrieved on: 
Thursday, January 26, 2023
News, FSE, Conference, TLG, TSX, Gold, Online shopping, Troilus

Montreal, Quebec--(Newsfile Corp. - January 25, 2023) - Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF) (FSE: CM5R) ("Troilus" or the "Company"), is pleased to announce that it will be exhibiting and presenting at the upcoming Metals Investor Forum (MIF) taking place on January 27th and 28th, 2023, and at the Vancouver Resource Investment Conference (VRIC) on January 29th and 30th, 2023, in Vancouver, British Columbia.

Key Points: 
  • Montreal, Quebec--(Newsfile Corp. - January 25, 2023) - Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF) (FSE: CM5R) ("Troilus" or the "Company"), is pleased to announce that it will be exhibiting and presenting at the upcoming Metals Investor Forum (MIF) taking place on January 27th and 28th, 2023, and at the Vancouver Resource Investment Conference (VRIC) on January 29th and 30th, 2023, in Vancouver, British Columbia.
  • The Company invites you to attend or tune-in virtually to learn about the latest developments at its gold and copper Troilus Project, located in north central Quebec, Canada.
  • For more information or to register for the hybrid in-person and virtual MIF conference, please visit https://metalsinvestorforum.com/ .
  • The Troilus team cordially invites you to visit its booth at either of the conferences (VRIC booth #710).