Troilus Gold - CEO, Justin Reid
CEO, Justin Reid
Sourced: Kitco Metals Insider
  • Troilus Gold Corp. (TLG) has reported new assay results from the Southwest Zone of its Troilus Gold Project
  • These latest results include some of the best holes ever reported in this zone, returning 27.4 g/t gold over 1 metre
  • The company plans to include as much of this data a possible in the upcoming mineral resource estimate
  • Troilus Gold Corp is a Toronto-based, Quebec-focused, advanced stage exploration and early-development company
  • Shares in Troilus Gold Corp. (TLG) are steady, trading at $0.85 per share

Troilus Gold Corp. (TLG) has reported new assay results from the Southwest Zone of its Troilus Gold Project.

The Troilus Gold Project hosts one of the largest undeveloped gold and copper deposits in Quebec.

So far, Troilus has drilled approximately 43,800 metres in the Southwest Zone of the project, which is located southwest of the former mine. The Southwest Zone has become one of the most important mineral targets on the property since it was first drilled in 2019.

These latest results include some of the best holes ever reported in this zone, returning 27.4 g/t gold over 1 metre.

Justin Reid, President and CEO of Troilus Gold, commented on the results.

“The latest results from the Southwest are exceptional and expand the mineralization in a direction that has not previously been tested,” he said.

“These are among the strongest intercepts that have ever been drilled at Troilus and exemplify the exciting growth potential in this zone, as well as the scale of the larger Troilus trend.”

Mineralization in the Southwest Zone remains open in all directions and at depth. Drilling is ongoing at a rate of approximately 10,000 metres per month, and the company plans to include as much of this data a possible in the upcoming mineral resource estimate.

“It’s only been a year and a half since we started drilling the Southwest Zone; these are still early days, but the zone is rapidly expanding and continues to surpass our expectations,” remarked Mr. Reid.

Troilus Gold Corp is a Toronto-based, Quebec-focused, advanced-stage exploration and early-development company.

The company is focused on the systematic advancement and de-risking of the former gold and copper Troilus Mine towards production.

Shares in Troilus Gold Corp. (TLG) are steady, trading at $0.85 per share as of 10:47 am ET.

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