A new life for a former gold and copper mine
4.96 Moz AuEq Indicated, and 3.15 Moz AuEq Inferred
Extensive infrastructure inherited from the former mine, including +85kms of power lines, substation, and +40kms of well-maintained roads.
PDA signed in July 2018 with Cree Nation
A new life for a former gold and copper operation in Quebec, Canada
Our team acquired the past-producing Troilus asset in 2017, following extensive due diligence including an in-depth geological assessment as well as economic and technical analyses. Since then, the project has been completely revitalized, 2018, 2019 and 2020 drilling has resulted in a 142% indicated mineral resource estimate increase with the current mineral resource at 4.96 Moz AuEq (177 Mt with an average grade of 0.87 g/t AuEq) and the total estimated inferred mineral resource has increased 350% with 3.15 Moz AuEq (116.7 Mt with an average grade of 0.84 g/t AuEq). With extensive infrastructure already in place, the Troilus project represents a unique opportunity for a potential mine restart in one of the world’s most favourable mining jurisdictions.