Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FRA:
CM5R), a Canadian junior mining company focused on the systematic
advancement and de-risking of the past-producing gold and copper
Troilus Project towards a mine re-start, is pleased to announce
that Justin Reid, CEO and Director of the Company, will present
live at
VirtualInvestorConferences.com on October
18, 2022.
DATE: October
18th, 2022TIME:
12:00PM ETLINK:
https://bit.ly/3q1Z3KaExecutives of Troilus Gold will be
available for 1x1 meetings on October 18, 2022, from 9:00 AM to
5:00 PM EST
Troilus Gold Corp – Corporate Highlights
- Project Located in Top
Ranked Mining JurisdictionQuebec, Canada ranked #6
globally by the Fraser Institute in 2021
- Quality Brownfield
ProjectPast-producing open-pit gold-copper mine
(1996-2010); US$350M of inherited infrastructure
- Large and Growing Mineral
Resource4.96 Moz AuEq (Indicated; 177.3Mt @ 0.87 g/t
AuEq), 3.15 Moz AuEq (Inferred; 116.7Mt @0.84 g/t AuEq) (July 2020,
NI 43-101 Mineral Resource Estimate)
- Robust PEA Completed in
2020; Pre-feasibility Study UnderwayPEA results place
Troilus among the top 5 gold and copper producers in Canada
today
- ESG
LeadershipECOLOGO certified, UN Global Compact member;
Targeting a carbon-neutral mining operation
- Experienced Leadership
TeamProven track-record of generating value
This will be a live, interactive online event where investors
are invited to ask the company questions in real-time. If attendees
are not able to join the event live on the day of the conference,
an archived webcast will also be made available after the
event.
It is recommended that investors pre-register and run the online
system check to expedite participation and receive event
updates.
Learn more about the event at
www.virtualinvestorconferences.com.
About Troilus Gold Corp.Troilus
Gold Corp. is a Canadian-based junior mining company focused on the
systematic advancement and de-risking of the former gold and copper
Troilus Mine towards production. From 1996 to 2010, the Troilus
Mine produced +2 million ounces of gold and nearly 70,000 tonnes of
copper. Troilus is located in the top-rated mining jurisdiction of
Quebec, Canada, where is holds a strategic land position of 1,420
km² in the Frôtet-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
significant mineral resource growth. The Company is advancing
engineering studies following the completion of a robust 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.
About Virtual Investor Conferences®Virtual
Investor Conferences (VIC) is the leading proprietary investor
conference series that provides an interactive forum for publicly
traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is
specifically designed to offer companies more efficient investor
access. Replicating the components of an on-site investor
conference, VIC offers companies enhanced capabilities to connect
with investors, schedule targeted one-on-one meetings and enhance
their presentations with dynamic video content. Accelerating the
next level of investor engagement, Virtual Investor Conferences
delivers leading investor communications to a global network of
retail and institutional investors.
CONTACTS:Troilus Gold Corp.
Caroline ArsenaultVP Corporate Communications+1 (647)
407-7123info@troilusgold.com
Virtual Investor ConferencesJohn M. ViglottiSVP
Corporate Services, Investor AccessOTC Markets Group (212)
220-2221johnv@otcmarkets.com
Cautionary Note Regarding
Forward-Looking Statements and Information
Mineral Resources that are not Mineral Reserves
do not have demonstrated economic viability; the estimate of
Mineral Resources in the updated Mineral Resource statement may be
materially affected by environmental, permitting, legal, title,
taxation, socio-political, marketing, or other relevant issues.
There is no certainty that the Indicated Mineral Resources will be
converted to the Probable Mineral Reserve category, and there is no
certainty that the updated Mineral Resource statement will be
realized.
The PEA is preliminary in nature, includes
inferred mineral resources that are considered too speculative
geologically to have the economic considerations applied to them
that would enable them to be categorized as mineral reserves, and
there is no certainty that the PEA will be realized. Mineral
resources that are not mineral reserves do not have demonstrated
economic viability. The PEA is subject to a number of risks and
uncertainties. See below and the Company’s latest technical report
available on SEDAR for more information with respect to the key
assumptions, parameters, methods and risks of determination
associated with the foregoing.
This press release contains “forward-looking
statements” within the meaning of applicable Canadian securities
legislation. Forward-looking statements include, but are not
limited to, statements regarding the impact of the ongoing drill
program and results on the Company, the possible economics of the
project and the Company’s understanding of the project; the
development potential and timetable of the project; the estimation
of mineral resources; realization of mineral resource estimates;
the timing and amount of estimated future exploration; the
anticipated results of the Company’s ongoing 2021 drill program and
their possible impact on the potential size of the mineral resource
estimate; costs of future activities; capital and operating
expenditures; success of exploration activities; the anticipated
ability of investors to continue benefiting from the Company’s low
discovery costs, technical expertise and support from local
communities. Generally, forward-looking statements can be
identified by the use of forward-looking terminology such as
“plans”, “expects” or “does not expect”, “is expected”, “budget”,
“scheduled”, “estimates”, “forecasts”, “intends”, “continue”,
“anticipates” or “does not anticipate”, or “believes”, or
variations of such words and phrases or statements that certain
actions, events or results “may”, “could”, “would”, “will”, “might”
or “will be taken”, “occur” or “be achieved”. Forward-looking
statements are made based upon certain assumptions and other
important facts that, if untrue, could cause the actual results,
performances or achievements of Troilus to be materially different
from future results, performances or achievements expressed or
implied by such statements. Such statements and information are
based on numerous assumptions regarding present and future business
strategies and the environment in which Troilus will operate in the
future. Certain important factors that could cause actual results,
performances or achievements to differ materially from those in the
forward-looking statements include, amongst others, currency
fluctuations, the global economic climate, dilution, share price
volatility and competition. Forward-looking statements are subject
to known and unknown risks, uncertainties and other important
factors that may cause the actual results, level of activity,
performance or achievements of Troilus to be materially different
from those expressed or implied by such forward-looking statements,
including but not limited to: there being no assurance that the
exploration program will result in expanded mineral resources;
risks and uncertainties inherent to mineral resource estimates; the
impact the COVID 19 pandemic may have on the Company’s activities
(including without limitation on its employees and suppliers) and
the economy in general; the impact of the recovery post COVID 19
pandemic and its impact on gold and other metals; the receipt of
necessary approvals; general business, economic, competitive,
political and social uncertainties; future prices of mineral
prices; accidents, labour disputes and shortages; environmental and
other risks of the mining industry, including without limitation,
risks and uncertainties discussed in the most recent Technical
Report and in other continuous disclosure documents of the Company
available under the Company’s profile at www.sedar.com. Although
Troilus has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. Troilus does
not undertake to update any forward-looking statements, except in
accordance with applicable securities laws.
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