| Announcement Date: | 2022-10-17 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Troilus Gold Corp. |
| Project name: | Troilus |
| Location: | Canada |
| Commodities: | Gold,Silver,Copper |
| Highlight: | Drilling results incl. 46m at 4.3g/t Au, 0.06% Cu, 0.44g/t Ag from 347m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | October 17, 2022, Montreal, Quebec – Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF) reports positive assay results from the ongoing 11,000-metre drill campaign at its Troilus Project in northcentral, Quebec, Canada, that aims to expand and identify higher-grade mineralization to the northern and southern extents of Zone 87 (“Z87”), the larger of two formerly mined pits. The results reported today are among the thickest and most continuous high grades identified at the Project and includes the single highest-grade interval ever drilled at the Troilus Mine site. Furthermore, a new shallow and high-grade panel of mineralization has been defined at the border of the Z87 PEA pit shell, which was not modelled in the Preliminary Economic Assessment (“PEA”; see PEA results press release dated August 31, 2020) nor considered as part of the pre-feasibility engineering work. This new panel West of Z87 has thus far been identified over a 300-metre strike length and remains open at depth and towards the Gap Zone. Highlights are reported below, while the complete results are presented in Table 1, and drill hole locations are shown in Figures 1 and 2. As a result of Troilus’ belief in the immediate impact of this new zone on the economics of the deposit, and after careful consideration, the Company will aggressively work on defining the impact of this shallow |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 60,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Announcement Alerts and Notifications
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data