Troilus Gold Corp. is pleased to provide an update on the progress of basic and detailed engineering at its copper-gold Troilus Project , led by engineering partner BBA Inc. based in Montreal, Quebec. Since being awarded the mandate earlier this year , a dedicated team of approximately 45 full-time engineers and specialists has been advancing key workstreams on schedule as the project moves forward on the path to [...]
Troilus Gold Corp. is pleased to report additional positive drill results from the Southwest Zone , at its Troilus Project located in northcentral Quebec, Canada. The results herein are part of the company's 2025 drill campaign , focused on identifying and delineating higher-grade mineralization and enhancing confidence in the block model within the Southwest Zone as outlined in the May 2024 Feasibility Study . The [...]
Troilus Gold Corp. announces that it has secured a loan agreement with Auramet International, Inc. for a principal amount of up to US$35 million . This non-dilutive facility will support Troilus' near-term development activities, including final permitting, early works preparation, and advancement toward full project financing. Justin Reid, CEO of Troilus, commented "In addition to Troilus's already strong balance sheet [...]
Troilus Gold Corp. is pleased to announce positive drill results from its 2025 drill campaign . The program is focused on identifying and delineating higher-grade mineralization and enhancing confidence in the block model. The results reported today include the best intercept drilled to date in the Southwest Zone based on linear grade . These results confirm the continuity of higher-grade material within the Phase 1 [...]
Troilus Gold is encouraged by the increased national attention on the importance of mining and critical minerals development. Recent policy proposals from both the Liberal Party of Canada and the Conservative Party of Canada reflect a bipartisan consensus on the need to streamline permitting and enable the timely advancement of strategic projects that support Canada's energy transition, economic growth, and global [...]
Troilus Gold is pleased to announce that it has executed a mandate letter with respect to a non-binding term sheet with a syndicate of leading global financial institutions, including Societe Generale, KfW IPEX-Bank, and Export Development Canada, to arrange a structured project debt financing package of up to US$700 million for the development and construction of the Troilus Gold-Copper Project. This syndicate of lenders [...]
Troilus Gold announces that it has completed a non-brokered private placement of approximately CAD$5.8 million to funds managed by VanEck Associates Corporation, a globally recognized investment management firm known for its forward-looking approach to identifying investment trends and one of the most influential institutional investors in the precious metals and junior mining sectors. The Offering consisted of 16,478,900 [...]
Troilus Gold is pleased to announce the launch of its 2025 exploration program at the Troilus Copper-Gold Project in north-central Quebec, Canada. This year's program is designed to advance drilling and further develop high-priority targets to explore resource growth opportunities within and along the existing mineralized corridor. In addition to targeted drilling, the program will incorporate advanced geophysical surveys [...]
Troilus Gold is pleased to announce that it has begun the submission process for its Environmental and Social Impact Assessment for the copper-gold Troilus Project. This marks a critical milestone in the Company's permitting process as it progresses one of Canada's largest undeveloped gold-copper deposits toward construction. Under an updated, more collaborative approach outlined by the Impact Assessment Agency of Canada [...]
Troilus Gold is pleased to announce that it has awarded BBA Inc. the contract for basic and detailed engineering work for the copper and gold Troilus Project. This milestone marks a key advancement on the path to construction. BBA is a leading Canadian engineering consulting firm with over 40 years of experience delivering innovative and sustainable solutions across the mining and natural resources sectors. The firm has [...]
Troilus Gold reports that it has expanded its engineering team with three key appointments, further strengthening its capabilities as the Troilus Project advances into the development and construction phase. The Company is pleased to welcome Mr. Denis Rivard as Executive Vice President, Projects and Chris Sharpe as Vice President of Technical Services, effective February 1, 2025. In addition, Jérôme Girard will be joining [...]
Troilus Gold is pleased to provide a recap of its 2024 milestones and share its outlook for 2025 as it builds on exploration successes and transitions from resource expansion and feasibility work to detailed engineering and project development, in this open letter to shareholders from Chief Executive Officer, Justin Reid. To our valued shareholders and stakeholders, As we reflect on 2024, it is clear this was a defining [...]
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