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Troilus Gold Corp.

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Summary

Project:

Troilus

Deposit:Southwest
Location:Canada
Commodities:Gold-Copper
Date:4/14/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Mine in Care & Maintenance
Report details:14-4-2020: Troilus Gold Corp. announces an Exploration/Drilling Update report for its Southwest deposit at the Troilus project. Drilling results incl. 32.65m @ 1.09g/t Au, 0.31% Cu, 1.78g/t Ag from 75.35m. TORONTO, April 14, 2020 -- Troilus Gold Corp. (TS
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Bertrand Brassard (Internal)
ABSTRACT:TORONTO, April 14, 2020 -- Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) reports initial results from a 6,000 metre drill program from the Southwest Zone (the “Southwest Zone” or “SWZ”) at its 100%-owned Troilus property (the “Troilus Project”) located northeast of Chibougamau, Quebec. All drill holes reported herein successfully intersected gold and demonstrated geology similar to the main mineralized zone on the property, Z87, located less than 3.5 kilometres away (see Figure 1). Initial drilling conducted late last year at the Southwest Zone defined an area of 500m x 250m located just 3.5 kilometres southwest of the Z87 pit and readily accessible from the existing mine road (see Figure 1). All seven drill holes successfully intersected gold including high-grade intersections and demonstrated geology similar to that of Z87. Based on the positive results from the 2019 drill program in the Southwest Zone as reported January 28, 2020, Troilus has completed another 6,000 metres of drilling through February with the objective of testing a larger area and confirm that homogenous mineralization can be observed is throughout.

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