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Troilus Gold Corp.

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Summary

Project:

Troilus

Deposit:Z87 South
Location:Canada
Commodities:Gold-Copper
Date:8/19/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Mine in Care & Maintenance
Report details:19-8-2019: Troilus Gold Corp. announces an Exploration/Drilling Update report for its Z87 South deposit at the Troilus project. Drilling results incl. 68m @ 0.86g/t Au, 0.03% Cu from 214m. August 19, 2019, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG;
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Bertrand Brassard (Internal)
ABSTRACT:August 19, 2019, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) reports the discovery of a new area of gold mineralization extending over 300 metres south west of the main Zone 87 (“Z87”), within the “Zone 87 South” (“Z87 South”) trend at its Troilus Gold Project, located within the Frotêt-Evans Greenstone Belt in Quebec, Canada. The Z87 South exploration target is located directly south west of Zone 87 and the former main Z87 open pit. These drill results have outlined extensions of mineralization to the south and down-dip of the previously known mineral envelope in Zone 87. Justin Reid, CEO of Troilus, commented, “We are very pleased to see our improved geological understanding of the project’s mineral trend being validated by drill results and discoveries. The new area of gold mineralization extending into Z87 South shows continuity from Z87 and remains open to the south west. Z87 South has now become a major focus for our program and we look forward to providing additional results in due course.” Zone 87 South is located directly adjacent to the main former open pit mine, Zone 87 (“Z87”) (see Figure 1). The 2019 drill program in Z87 South was designed to follow-up on the positive few holes drilled in this zone last year, while increasing drill resolution and improving our evolving geological understanding of the main mineral trend on the property.

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