Troilus Surpasses 85% Completion of Basic Engineering With BBA; Project on Schedule and Advancing Towards Construction Readiness

Core Insights - Troilus Gold Corp. reports significant progress in the engineering phase of its Troilus Project, with basic engineering now over 85% complete, indicating a strong trajectory towards construction readiness [2][5][6] Engineering Progress - Basic engineering has surpassed 85% completion since the last update on June 10, 2025, with a shift in focus to cost estimation, procurement, and execution planning [2] - Major deliverables such as capital cost estimates, vendor evaluations, and project execution plans are well advanced, supporting a targeted construction decision in 2026 [2][5] - All Requests for Quotations (RFQs) have been issued, facilitating the transition towards execution planning and supporting cost definition [6] Procurement and Technical Evaluations - Technical and commercial assessments of major equipment and construction packages are nearing completion, with firm bids received for key items [6] - Comprehensive project execution plans have been developed, outlining the framework for project delivery, including contracting strategy and construction sequencing [6] Construction Readiness - Layouts of construction facilities have been developed to optimize logistics and cost planning [6] - Review of 3D models for the Project's process plant and site infrastructure is over 30% complete [6] - Commissioning systems have been identified and sequenced to ensure a structured transition from construction to operations [6] Company Overview - Troilus Gold Corp. is a Canadian development-stage mining company focused on advancing the former Troilus Mine towards production, located in Quebec [8] - The company holds a large land position of 435 km² in the Frôtet-Evans Greenstone Belt and aims for a large-scale 22-year, 50ktpd open-pit mining operation [8]