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Troilus Gold Corp.

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Summary

Project:

Troilus

Deposit:J Zone
Location:Canada
Commodities:Gold-Copper
Date:6/18/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Mine in Care & Maintenance
Report details:18-6-2019: Troilus Gold Corp. announces an Exploration/Drilling Update report for its J Zone deposit at the Troilus project. Drilling results incl. 74m @ 1.13g/t Au, 0.09% Cu from 458m. June 18, 2019, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG; OTCQB
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Bertrand Brassard (Internal)
ABSTRACT:June 18, 2019, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) reports positive new drill results from its Troilus Gold Project, located within the FrotêtEvans Greenstone Belt in Quebec, Canada. Approximately 40,000 metres of drilling are underway as part of the 2019 exploration program, focusing on expanding near-surface mineralization (in the J Zone and Z87 South areas) to support an open-pit mine scenario. New J4 results continue to support the trend of an expanding gold system that extends laterally along strike and down dip of known drilling. Near surface drilling in the J Zone continues to demonstrate a broadening mineralized zone beyond the limit of historic drilling. These results further confirm the Company’s technical strategy of developing the open pit potential at the J Zone with increased drilling down dip and within the 2018 mineral resource whittle constraining shell. The Company is beginning to recognize a high grade gold trend developing within a much larger mineralized envelope, demonstrated by hole TLG-J419-109 where 12 metres of 2.16-3.87 g/t gold equivalent was intersected within a 74 metre interval down hole. Ongoing drill results are helping to shape this new and evolving structural interpretation, which will improve the Company’s ability to identify future exploration targets.

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