Core Insights - Troilus Gold Corp. has announced final assay results from the Southwest Zone as part of its 2025 Exploration Program, confirming and extending higher-grade mineralization within the Phase 1 reserve pit [1][2][4] Exploration Results - The Southwest drill program has yielded significant results, confirming the continuity of higher-grade material within the current mine plan, which could optimize the early production schedule [2][4] - Drill hole SW-25-678 returned the highest assay to date from the Southwest zone, with 78.41 g/t AuEq over 2 meters, including 153.80 g/t over 1 meter [5][8] - Other notable results include drill holes SW-25-703 and SW-25-719, which returned 0.92 g/t AuEq over 69.3 meters and 0.94 g/t AuEq over 73 meters, respectively, confirming strong continuity of primary ore zones [6][8] Resource and Geological Insights - The Troilus resource is currently estimated at 11.21 million ounces (Moz) AuEq in the Indicated category and 1.80 Moz AuEq in the Inferred category [5] - The geology team is confident in the potential for further growth as they interpret the results from the drill program [4] Next Steps - The exploration team will incorporate the final drill results into the Southwest resource model and will shift focus to near-site and regional field targets, including a soil sampling program of approximately 3,700 samples [9] - A new phase of drilling is planned for the third quarter of 2025, targeting further high-grade extensions in the Southwest and conceptual targets outside current mine plans [9] Company Overview - Troilus Gold Corp. is a Canadian development-stage mining company focused on advancing the former Troilus Mine towards production, located in Quebec, Canada [20] - The company holds a large land position of 435 km² in the Frôtet-Evans Greenstone Belt and aims to establish a large-scale 22-year, 50ktpd open-pit mining operation [20]
Troilus Drills 78.38 g/t AuEq Over 2 m, Including 153.73 g/t AuEq Over 1 m in the Southwest Zone
Globenewswire·2025-06-17 11:00