Troy Minerals is pleased to announce the results of the 2024 soil geochemical survey on the Lac Jacques rare earth element property. The 100% owned Lac Jacques propert. The 2024 soil sample program expanded the 2023 soil survey by infilling the area between the eastern and western survey grids, covering the strike of the inferred dyke and mineralization between the Discovery Trench to the west and the dyke exposed to the [...]
Troy Minerals is pleased to announce that further to its news releases dated June 10, 2024 and July 3, 2024, it has completed the acquisition of 100% of the issued and outstanding shares of CBGB Ventures Corp. in consideration for 3,244,151 Troy common shares and 9,732,454 special warrants of the Company. All shares, including shares issuable on conversion of special warrants, are subject to voluntary hold and escrow [...]
Troy Minerals is pleased to announce that core drilling is underway on the Company's Lake Owen project. The Lake Owen Project. Troy's drill program targets TiO2 and V2O5 mineralization associated with magnetite in gabbro. Two pad locations were selected for this first phase of drilling with at least one drill hole planned at each pad. Interpretative cross sections based on historical exploration at the selected pad [...]
As a result of a review by the British Columbia Securities Commission, Troy Minerals Inc. is issuing the following news release to clarify disclosure regarding its Lake Owen project located in Wyoming. Lake Owen Project The Company's corporate presentation, website and articles published through an investor relations provider reference approximate tonnage of 1.4 billion tons of surface minable oxides including Vanadium [...]
Troy Minerals is pleased to announce that further to its news release dated July 18, 2024, it has closed the second tranche of its private placement financing of 1,839,284 flow-through units at a price of $0.28 per FT Unit for gross proceeds of $515,000 and closed on 1,511,000 non-flow-through units at a price of $0.25 per NFT Unit for gross proceeds of $377,750, for combined gross proceeds of $892,750 . Each FT Unit is [...]
Troy Minerals is pleased to announce that further to its news release dated June 19, 2024, it has completed the first tranche of its private placement financing of 1,500,000 flow-through units at a price of $0.28 per FT Unit for gross proceeds of $420,000. Each FT Unit is comprised of one common share of the Company which qualifies as a "flow-through" share as defined in subsection 66 of the Income Tax Act and one-half of [...]
Troy Minerals is pleased to announce that further to its news release dated June 10, 2024, it has signed a definitive agreement with CBGB Ventures Corp. to acquire 100% of the issued and outstanding shares of CBGB in consideration for 3,244,151 Troy common shares and 9,732,454 special warrants of the Company. CBGB holds the Table Mountain Silica Project, and together with Troy, will have the right to acquire up to an 80 [...]
Troy Minerals Inc. is pleased to announce that a program of soil sampling on its 100% owned REE Lac Jacques project in Quebec has been completed. The soil program expanded upon the 2023 soil geochemistry survey by extending the sampled area eastward from the Western Grid, eastward toward the Eastern Grid, following the assumed strike of the dyke toward the eastern anomaly. 312 B-Soil samples were collected and are being [...]
Troy MineralsInc. is pleased to extend its congratulations to Homerun Resources Inc. on the development of a femtosecond thermal laser processing method to achieve 99.999% purity in raw silica sand. This achievement, conducted by researchers at University of California, Davis in collaboration with Homerun Resources, represents a significant milestone in the field of critical and energy materials. "We at Troy Minerals are [...]
Troy Minerals Inc. is pleased to announce the formal recognition of silica as a critical mineral by the Government of Canada. This acknowledgement validates Troy's belief in the importance of silica and strengthens the Company's position in the critical minerals sector. The Company is currently pursuing the strategic acquisition of CBGB Ventures Corp. , which holds interests in two high purity silica projects: the Table [...]
Troy Minerals Inc. announces that it has signed a binding letter of intent dated June 6, 2024 with CBGB Ventures Corp. to acquire 100% of the issued and outstanding shares of CBGB . CBGB is a privately held company incorporated in British Columbia that holds interest in two high purity silica projects: the Table Mountain Silica Project near Golden, B.C., and the Tsagaan Zalaa Silica Project in Mongolia. Through the [...]
Troy Minerals Inc. is pleased to announce that the final permits have been obtained for the Company's Lake Owen project's 2024 drilling campaign. The Lake Owen Project is in Wyoming, USA, located approximately 50 km southwest of Laramie, Wyoming . Last year the US government identified the Lake Owen Complex as a potential source of strategic metals including vanadium, titanium, PGE and copper and nickel sulfides and [...]
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