TORONTO, Oct. 21, 2021 /PRNewswire/ -- 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 production,
is pleased to announce that Justin
Reid, President, CEO and Director of the Company, will
present live at VirtualInvestorConferences.com on
October 21, 2021.
DATE: Oct 21st,
2021
TIME: 12:30PM
LINK: https://bit.ly/3exE6AH
Troilus Gold Corp – Corporate Highlights
- ESG Leadership
First mineral exploration company to
obtain ECOLOGO certification
- Strong Cash Position
CAD$56
million raised in June/July
2021
- Located in Top Ranked Mining
Jurisdiction
Quebec, Canada
ranked #6 globally by the Fraser Institute in 2020
- Quality Brownfield Project
US$350M of inherited infrastructure; streamlined
permitting
- Large and Growing Resource
4.96 Moz AuEq (Ind.), plus
3.15 Moz AuEq (Inf.)
Updated mineral resource and PFS expected in H1 2022
- Robust PEA; Pre-Feasibility underway
PEA results
place Troilus among the top 5 gold producers in Canada today
- Experienced & Credible Management
Proven
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 meet and present directly with
investors.
A real-time solution for investor engagement, Virtual Investor
Conferences is part of OTC Market Group's suite of investor
relations services specifically designed for more efficient
Investor Access. Replicating the look and feel of on-site
investor conferences, Virtual Investor Conferences combine
leading-edge conferencing and investor communications capabilities
with a comprehensive global investor audience network.
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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