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Troilus Gold Corp.

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Summary

Project:

Troilus

Deposit:Southwest
Location:Canada
Commodities:Gold-Copper-Silver
Date:4/21/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Mine in Care & Maintenance
Report details:21-4-2020: Troilus Gold Corp. announces an Exploration/Drilling Update report for its Southwest deposit at the Troilus project. Drilling results incl. 72.85m @ 1.56g/t Au from 193.15m. TORONTO, April 21, 2020 -- Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF)
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Bertrand Brassard (Internal)
ABSTRACT:TORONTO, April 21, 2020 -- Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) reports additional results from the 6,000 metre drill program completed earlier this year in 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 to the northeast of the SWZ (see Figure 2). Initial drilling completed late last year at the Southwest Zone defined an area of 500m x 250m located 3.5 kilometres southwest of the Z87 pit, being readily accessible to the existing mine road (see Figure 2). All seven drill holes from the December 2019 program successfully intersected gold including high-grade intersections and demonstrated geology similar to that of Z87 (see press release dated January 28, 2020). Based on these positive results, Troilus completed another 6,000 metres of drilling through February of 2020 with the objective of testing a larger area and confirming continuity of mineralization across the SWZ.

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