Troilus Mining Corp (TLG)

Profile

https://www.troilusmining.com

Troilus Mining is a Canadian development-stage mining company advancing the redevelopment of the former Troilus gold and copper mine in north-central Quebec. The company holds a 435 square-kilometer property within the Frôtet-Evans Greenstone Belt, home to one of North America's largest undeveloped gold-copper deposits. The project previously operated from 1996 to 2010 and benefits from substantial legacy infrastructure, including a 50-megawatt substation, permitted tailings facility, and well-maintained road networks. A Feasibility Study completed in May 2024 supports a 22-year open-pit mining operation processing 50,000 tonnes per day, with projected average annual production of 303,000 ounces of gold equivalent. The company's mineral resource estimate includes 11.21 million ounces of gold equivalent in the Indicated category and 1.80 million ounces in the Inferred category. With environmental and social impact assessments underway and engineering activities progressing, Troilus Mining is positioned as a significant future copper producer supporting critical minerals supply chain objectives and economic development in Quebec.