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Pre-Feasibility Study Underway as Troilus Continues to De-Risk its Gold-Copper Project in Quebec, Canada

Released on Tuesday, April 5, 2022•COMMODITIES

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Troilus Gold Corp. is a Canadian based junior mining company focused on the systematic advancement and de-risking of the past-producing gold and copper Troilus Project towards production. Troilus is located in the top-rated mining jurisdiction of Quebec, Canada, where it holds a strategic land position of 1,420 km² in the Frotet-Evans Greenstone Belt. Since acquiring the project in 2017, ongoing exploration success has demonstrated the tremendous scale potential of the gold system on the property with a 142% increase to estimated Indicated mineral resources and a 350% increase to estimated Inferred resources. The company is advancing engineering studies following the completion of a robust Preliminary Economic Assessment ("PEA") in 2020, which demonstrated the potential for the Troilus project to become a top-ranked gold and copper producing asset in Canada. Led by an experienced team with a track-record of successful mine development, Troilus is positioned to become a cornerstone project in North America.

Justin Reid

Troilus Gold, CEO and Director

Justin Reid, CEO and director of Troilus Gold, is a geologist and capital markets executive with over 20 years of experience focused exclusively in the mineral resource space. He started his career as a geologist with Saskatchewan Geological Survey and Cominco Global Exploration after which he became a partner and senior mining analyst at Sprott/Cormark Securities in Toronto. Most recently, Mr. Reid acted as president and director of Sulliden Gold Corporation, until its acquisition by Rio Alto Mining in 2014 and was managing director at Aguia Resources, Ltd., from 2015 to 2019.