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TLG:TSX; CHXMF:OTCQB

Troilus Gold Corp.

The Troilus Gold Project: A New Life for the Former Troilus Gold Mine - Troilus is an advanced stage exploration and early-development company focused on the mineral expansion and mine re-start of the former gold and copper Troilus mine. The 84,600 hectare Troilus property is located within the Frotêt-Evans Greenstone Belt in Quebec, Canada. The Troilus mineral resource estimate of 4.71 million ounces of gold equivalent Indicated and 1.76 million ounces of gold equivalent Inferred, has grown 129% since 2017 making Troilus one of the largest undeveloped gold deposits in North America.
TLG:TSX CHXMF:OTCQB

Expert Comments:

Troilus Gold's exploration work at its Troilus project in 2020 is reviewed in a Canaccord Genuity report.
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Troilus Gold reported it intersected 1.95 g/t gold equivalent over 20 meters including 2.73 g/t gold equivalent over 9 meters at the recently discovered Southwest Zone at its Troilus Gold project.
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headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(1/13/21)
"Troilus Gold Corp. released the first assays from its current drilling program on the resource-hosting zones at Troilus. . .Taken together, these holes raise hope that TLG can continue to grow the 580,000-oz. Au-eq. resource it has already outlined on the Southwest zone. It's an area that just adds to the overall resource at Troilus (4.96 million Au-eq. oz. indicated and 3.15 million Au-eq. oz. inferred). This is a project that's well on its way to producing again and, at some point, its location in uber-safe Quebec argues for a takeout at higher prices."

Jacques Wortman, Laurentian Bank Securities

(1/12/21)
"Troilus Gold Corp. announced assay results from two drill holes from the fall/winter 2020 drill program at the Southwest zone. . .the new drill results demonstrate good continuity of gold mineralization and grade. The Southwest zone is a priority target, and we continue to believe that it has the potential to further improve already robust project economics."

headshot of Pierre Vaillancourt

Pierre Vaillancourt, Haywood Securities

(1/12/21)
"Troilus Gold Corp. announced initial results from its fall-winter 2020 drill campaign at its Troilus property. The two drill holes reported show infill and extension of gold mineralization beyond the preliminary economic assessment whittle pit published in 2020 in the Southwest zone. . .the drill results demonstrate promising potential for the Southwest zone to become the center of gravity for the Troilus deposit."

Tom Gallo, Canaccord Genuity

(1/4/21)
"Toward 2020E Troilus Gold Corp. reported results from its regional exploration program and completed the buyback of a 2.5% net smelter returns royalty in conjunction with a CA$22.1M bought deal which closed on Dec. 12, 2020. . .the company remains inexpensive in our view, trading at 0.20x P/NAV(5%), compared to covered peers at 0.69x."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(12/23/20)
"Troilus Gold Corp. stock did nicely in 2020, COVID challenges notwithstanding. I can see it gaining again nicely with gold in H1/21 as a standout advanced project in a great jurisdiction and that is also reporting strong exploration results from new nearby targets; takeout action would layer on top of that."

Gwen Preston, The Maven Letter

(12/15/20)
"Troilus Gold Corp.'s regional program in 2020 certainly didn't lack splash. . .highlights from sampling at Testard included gold grades up to 82 g/t and silver grades up to 1,060 g/t. . .at Beyan, the new Alex showing returned up to 12 g/t gold. Better still, the Southwest zone that's part of the resource-hosting portion of Troilus appears to connect up to Beyan, based on recent soil sampling."

Troilus Gold Corp. reported it has been awarded the "Excellence in Sustainable Development" Award by the Quebec Mineral Exploration Association at the XPLOR 2020 Virtual Award Ceremony.
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Sampling results from Troilus Gold's Troilus project include 203 g/t gold, 2,440 g/t silver and 4.37% copper.
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This zone is in addition to the Beyan Gold Zone discovery Troilus Gold announced at the end of September.
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Troilus Gold Corp. reported it has launched a new 20,000 meter drill program at its Troilus project located in the Frotêt-Evans Greenstone Belt in Quebec, Canada after it released a positive Preliminary Economic Assessment.
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Troilus Gold's PEA forecasts a high rate of return, low capex and rapid payback for the Troilus project.
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Red Cloud raises its target price on Troilus Gold after the release of a new resource estimate.
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Growth of Troilus Gold's project resource and expectations for the imminent PEA are addressed in a PI Financial report.
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Troilus Gold Corp. reported it has been granted environmental regulatory approval to commence dewatering of Z87 and J4 Pits at its property located within the Frotêt-Evans Greenstone Belt.
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The specifics of Troilus Gold's updated resource and the key points from the company's related technical call are presented in a Stifel report.
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Troilus Gold's recent project resource update and the company's undervaluation in the market are discussed in a Cormark Securities report.
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Troilus Gold's resource update and the factors behind it are covered in a Laurentian Securities report.
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The recent revisions Laurentian Securities made to its model on Troilus Gold are presented and the effects are described in a report from the financial services firm.
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Troilus Gold Corp. reported it is the first company to be granted ECOLOGO certification for responsible development for mineral exploration companies.
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Troilus Gold triples its gold resource to 8.25 million ounces in two years, and exploration continues.
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More Expert Comments

Experts Following This Company

Tyron Breytenbach, Analyst – Cormark Securities
David Erfle – JuniorMinerJunky
Richard Gray, Analyst – Cormark Securities
headshot of Philip Ker
Philip Ker, Mining Analyst – PI Financial
headshot of Derek Macpherson
Derek Macpherson, VP Mining Analysis – Red Cloud Securities
Clive Maund – CliveMaund.com
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
headshot of Pierre Vaillancourt
Pierre Vaillancourt, Vice President and Senior Mining Analyst – Haywood Securities
Jacob Willoughby, VP Research – Red Cloud Securities
Jacques Wortman, Mining Analyst – Laurentian Bank Securities

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
One of the largest undeveloped Gold deposits in North America
 
Strong Balance Sheet, Low risk jurisdiction, major infrastructure in place, blue sky growth potential
 
Strong Institutional & Insider ownership, Experienced leadership team, Finding gold for <$5/oz AUEq vs.$174/oz average global
catalyst Calendar
Q2
2020
Recent deal closing ($25 million bought deal due to close later this month)
Q2
2020
New mineral resource estimate (late June/early July)
Q3
2020
PEA (late August)
Q3
2020
Permit approval for pit dewatering (summer)