Positive: Troilus Gold Corp announces positive drill results from new gold zone in Quebec.

From GlobeNewswire: 2024-09-03 07:00:00

Troilus Gold Corp. announced positive drill results from its West Rim VMS target in Quebec, Canada. WR-24-003 returned 1.66 g/t AuEq over 20m, and WR-24-004 returned 1.08 g/t AuEq over 11m. CEO Justin Reid stated the initial drilling results are promising and will inform upcoming drilling phases to add higher-grade ounces to the mine plan.

The West Rim Zone is a newly discovered area within the Troilus Property, showing metallic zonation with gold-rich zones and polymetallic mineralization. Phase 1 drilling totaled 1,866m and focused on magnetic anomalies. Phase 2 drilling will target volcanic centers for potentially high-grade gold and base metal deposits to enhance the mine model.

During the drill program, one-meter samples were assayed for gold, copper, and silver content. A strict QA/QC program was followed, including certified mineralized standards and blanks. Qualified Person Nicolas Guest reviewed and approved the technical information. The Company’s formulas for calculating AuEq values were provided, based on metal prices.

Troilus Gold Corp. is a Canadian mining company focused on the development of the Troilus Mine in Quebec. The Feasibility Study completed in May 2024 supports a large-scale 22-year, 50ktpd open-pit mining operation. For more information, contact VP Corporate Communications Caroline Arsenault at +1 (647) 407-7123 or [email protected]. This press release contains forward-looking statements regarding the impact of drill results and project economics.



Read more at GlobeNewswire:: Troilus Drills 20m Grading 1.66 g/t AuEq in New Gold Zone