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Troilus Gold Corp.

Summary

Project:	Troilus
Deposit:	Southwest Zone
Location:	Canada
Commodities:	Copper-Silver-Gold

Date:	5/14/2020
Report Code:	NI43-101
Report Type:	Exploration/Drilling Update
Project Stage:	Mine in Care & Maintenance

Report details:	14-5-2020: Troilus Gold Corp. announces an Exploration/Drilling Update report for its Southwest Zone deposit at the Troilus project. Drilling results incl. 21m @ 1.13g/t Au, 0.03% Cu, 0.59g/t Ag from 143m. TORONTO, May 14, 2020 -- Troilus Gold Corp. (TSX:

Resources:	(not mentioned in this report)

CP/QP:	[Overall Report]: Bertrand Brassard (Internal)

ABSTRACT:	TORONTO, May 14, 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 in the prospective FrôtetEvans Greenstone belt. All drill holes reported herein successfully intersected the targeted system 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. Justin Reid, Chief Executive Officer of Troilus commented: “The Southwest Zone continues to deliver positive results. The modelling work by our technical team in 2019 to initially identify the potential of the Southwest Zone has resulted in the definition of a significant new area of mineralization at shallow depths and demonstrating technical similarities to Z87, the largest of the Troilus ore bodies, including a number of higher-grade intercepts.

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