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Troilus Gold Corp.

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Summary

Project:

Troilus

Deposit:Z87 South
Location:Canada
Commodities:Gold-Copper
Date:8/26/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Mine in Care & Maintenance
Report details:26-8-2019: Troilus Gold Corp. announces an Exploration/Drilling Update report for its Z87 South deposit at the Troilus project. Drilling results incl. 30m @ 0.73g/t Au, 0.04% Cu from 342m. August 26, 2019, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG;
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Bertrand Brassard (Internal)
ABSTRACT:August 26, 2019, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) reports positive drill results from “Zone 87 South” (“Z87 South”) at its Troilus Gold Project. Results have defined new mineral extensions down-dip up to 150 metres beyond the previously defined mineralized boundaries, and have also outlined further mineral continuity extending south west another 300 metres. In total, 2019 drilling in the Z87 South area has defined mineral extensions 600 metres beyond the main Zone 87 (“Z87”) (see press release from August 19, 2019). Justin Reid, CEO of Troilus, commented, “We are excited to see a recurring theme of broadening mineralization along strike and down-dip within all our targeted zones as we improve drill density - in this case, meaningful mineral extensions in Zone 87 South. Results from our 2019 drill program continue to increase our confidence in the long-term growth potential of the Troilus gold system.” The drill holes reported in this press release represent the last remaining results from the 2019 drill program in Z87 South, the target area located directly adjacent to the main former open pit mine, Zone 87 (“Z87”) (see Figure 1).

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