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Troilus Gold Corp.
Summary
| Project: | Troilus | |
|---|---|---|
| Deposit: | Troilus | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 19-11-2018: Troilus Gold Corp. announces a Resource Estimation report for its Troilus deposit at the Troilus project. Updated mineral resource estimate at the project. November 19, 2018, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG) (OTCQB: CHXMF) (“Tr | |
| Resources: | (Resource): 121.7Mt @ 0.87g/t Au, 0.086% Cu (Ind.), 36.1Mt @ 0.88g/t Au, 0.083% Cu (Inf.) | |
| CP/QP: | [Resources]: Luke Evans (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | November 19, 2018, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG) (OTCQB: CHXMF) (“Troilus” or the “Company”) is pleased to provide a mineral resource estimate from its 100% owned Troilus gold and copper property located Northeast of the Val-d’Or district in Chibougamou Quebec, Canada (the “Troilus Project”). This resource estimate is the result of over 36,000 metres (91 drill holes) of drilling completed by the Company from February 2018 to August 2018. Exploration activities as part of the 2019 drill program will commence in Q1 2019. “In ten short months since the formation of Troilus, we have outlined what could be one of Quebec’s most significant gold development assets.” said Justin Reid, CEO of Troilus Gold Corp. “Our investors will continue to benefit from our low discovery costs, mine development expertise and support from our local communities. This resource estimate is the cornerstone upon which we will grow and build the future of Troilus.” “This resource is the culmination of intense drilling and systematic mapping over the course of nearly a year,” said Blake Hylands, SVP Exploration of Troilus Gold Corp. “It represents a fundamental change in thinking at Troilus.” | |
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