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Troilus Receives US$850 Million Credit-Approved Debt Commitment Letter for the Troilus Gold-Copper ProjectMONTREAL, Sept...
09/28/2026

Troilus Receives US$850 Million Credit-Approved Debt Commitment Letter for the Troilus Gold-Copper Project

MONTREAL, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5) is pleased to announce that it has received a credit-approved commitment letter from KfW IPEX-Bank and Societe Generale to underwrite a total of US$850 million in debt financing to support the development of its Troilus Gold-Copper Project (the “Project”) in Québec, Canada (the “Commitment Letter”). This commitment forms part of a planned total anticipated US$1.1 billion debt financing package, which includes a proposed US$250 million contribution from Export Development Canada (“EDC”) that remains subject to EDC’s final approvals.

The Commitment Letter represents a major advancement under the Company’s previously announced debt financing mandate (see May 5, 2026 press release), moving a substantial portion of the proposed debt package from mandate to credit-approved underwriting commitments. The approvals follow extensive technical, environmental, social and financial due diligence by the lenders and mark an important step toward a fully funded construction decision.

Justin Reid, CEO of Troilus, commented, “These credit approvals represent one of the most significant financing milestones in Troilus’s development to date. The underwriting commitments from KfW IPEX-Bank and Societe Generale reflect the depth of work undertaken to establish the Project’s technical and economic foundations and advance our ex*****on plan. With US$850 million in credit-approved commitments, we have taken a substantial step toward assembling the funding required to build Troilus. Our focus is now on completing the broader financing package to reach a final investment decision and financial close, while advancing permitting, detailed engineering and procurement to support construction readiness.”

For a Full TLG: TSX Profile View and Full Press Release visit them at: https://theinvestorscoliseum.com/featured-companies/troilus-mining-corp/
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Troilus Drills 3.38 g/t AuEq Over 22 m Within 129.05 m at 0.95 g/t AuEq from Inferred Target in the Z87 Reserve PitMONTR...
09/17/2026

Troilus Drills 3.38 g/t AuEq Over 22 m Within 129.05 m at 0.95 g/t AuEq from Inferred Target in the Z87 Reserve Pit

MONTREAL, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5), is pleased to announce the fourth batch of results from the Z87 optimization drill program at its Troilus Gold-Copper Project located in north-central Quebec, Canada. The results reported include nine drill holes totaling 4,728 metres, and form part of the 2026 exploration program outlined in the Company’s March 31, 2026 press release.
The ongoing Z87 optimization program is is targeting Inferred material and historically unsampled intervals within and around the current Z87 Reserve pit, with the objective of identifying opportunities to improve the mine plan presented in the Company’s Technical Report on September 9th, 2026.

Z87 Intercept Highlights:
 Hole 87-26-485 intersected 0.95 g/t gold equivalent (“AuEq”) (0.80 g/t Au, 1.11 g/t Ag, 0.10% Cu) over 129.05 m, including 3.38 g/t AuEq (2.97g/t Au, 1.80 g/t Ag, 0.29 % Cu) over 22 m starting at 398 m downhole from an area of inferred material within the Z87 reserve pit (see Figures 1 and 2).
 Hole 87-26-531 intersected 0.99 g/t gold equivalent (“AuEq”) (0.84 g/t Au, 1.20 g/t Ag, 0.10 % Cu) over 74.3 m, including 3.15 g/t AuEq (2.73 g/t Au, 1.88 g/t Ag, 0.30 % Cu) over 3.3m starting at 468 m downhole from an area of inferred material within the Z87 reserve pit (see Figures 1 and 2).
 Hole 87-26-529 intersected 1.15 g/t gold equivalent (“AuEq”) (1.00 g/t Au, 0.84 g/t Ag, 0.11 % Cu) over 45 m, including 5.42 g/t AuEq (4.73 g/t Au, 5.45 g/t Ag, 0.46 % Cu) over 2 m starting at 579 m from an area of inferred material 70 m below the Z87 reserve pit(see Figures 1 and 3).
 Hole 87-26-515 intersected several intervals of mineralization in the historically unsampled Z87 hangingwall where the current resource model does not contain mineralized blocks (see Figure 3 and Table 1).
Justin Reid, CEO of Troilus, commented, “None of our 2026 drilling is included in the latest Resource and Reserve estimates, and we continue to see impactful drill results from within and around the Z87 Reserve pit. We are targeting Inferred material and historically unsampled intervals, and the drilling is showing more extensive mineralization than is currently represented in the resource model. The results indicate mineralization in an area that is currently modeled as waste. Subject to further drilling, geological modelling, engineering evaluation and incorporation into future mine-plan updates, the mineralization may have the potential to reduce waste movement and improve strip ratios in this portion of the deposit.”.”

For a Full TLG: TSX Profile View and Full Press Release visit them at: https://theinvestorscoliseum.com/featured-companies/troilus-mining-corp/

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Troilus Project Selected for Canada Investment Summit Prospectus, Showcasing Project to Leading Global InvestorsMONTREAL...
09/10/2026

Troilus Project Selected for Canada Investment Summit Prospectus, Showcasing Project to Leading Global Investors

MONTREAL, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5), is pleased to announce that the Troilus Gold-Copper Project has been selected for inclusion in the Canada Investment Summit Prospectus, which is being provided to participants attending the inaugural Canada Investment Summit in Toronto on September 14–15, 2026.
The Canada Investment Summit is a first-of-its-kind national investment forum hosted by Prime Minister Mark Carney in partnership with CPP Investments and PSP Investments. The Summit will bring together leading global investors, Canadian CEOs and public-sector representatives as part of the Government of Canada’s broader effort to mobilize long-term capital into strategic Canadian industries and assets.
Prime Minister Carney has stated that investors participating in the Summit collectively manage more than $100 trillion in assets, underscoring the scale of the global investment audience being convened in Canada.
Troilus’ inclusion in the Summit Prospectus provides the Project with direct visibility among a significant international institutional investment audience at a pivotal stage of its development. The Prospectus includes information on selected Canadian investment opportunities and contact details enabling interested investors to engage directly with project proponents following the Summit.

In addition, Troilus CEO Justin Reid has been invited by Prime Minister Mark Carney to attend the Canada Investment Summit Welcome Reception on September 13.
Justin Reid, CEO of Troilus, commented, “Troilus’ selection for inclusion in the Canada Investment Summit Prospectus comes at an exceptionally important time for both our Project and for Canada. The federal government is making a concerted effort to attract global capital toward strategic Canadian assets, and we believe Troilus represents exactly the kind of large-scale, long-life project that can contribute meaningfully to Canada’s future production of gold and copper, while generating significant economic benefits here at home. With our updated Technical Report now complete, Troilus has one of the strongest technical and economic foundations in its history, including an after-tax NPV(5%) of US$3.2 billion and an approximately 26-year mine life. As Detailed Engineering, procurement, permitting and project financing advance in parallel, we are entering a defining stage of value creation and welcome the opportunity to increase Troilus’ visibility among some of the world’s largest and most sophisticated investors.”

For a Full TLG: TSX Profile View and Full Press Release visit them at: https://theinvestorscoliseum.com/featured-companies/troilus-mining-corp/
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Troilus Reports Updated Technical Report Following Completion of Basic Engineering, Delivering After-Tax US$3.2 Billion ...
09/09/2026

Troilus Reports Updated Technical Report Following Completion of Basic Engineering, Delivering After-Tax US$3.2 Billion NPV5%, 22% IRR, and Cashflow of US$6.9 Billion at Base Case Gold Price of US $3,600/oz
MONTREAL, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5), is pleased to report the results of an updated NI 43-101 Technical Report (the “Technical Report”) for the gold-copper Troilus Project located in northcentral Quebec, Canada. Based on the Company’s completed Basic Engineering program, the Technical Report confirms and improves upon the strong economic fundamentals established in the May 2024 Feasibility Study (“2024 FS”), while extending the Project’s mine life, strengthening its gold and copper production profile, and incorporating a substantially more advanced level of engineering, design and cost definition.
The Technical Report outlines a large-scale, approximately 26-year mine life with an after-tax NPV5% of $3.2 billion, after-tax IRR of 22% and 3.6-year payback period. Life-of-mine payable production is estimated at 5.63 million ounces of gold, 472 million pounds of copper and 10.88 million ounces of silver, reinforcing Troilus’ position as one of Canada’s largest undeveloped gold-copper projects.
Importantly, the updated capital estimate has been developed following completion of Basic Engineering, representing approximately 95,000 engineering hours and C$21.3 million in engineering fees. Approximately 90% of the pricing inputs have been validated against current market quotations, including firm pricing for key equipment. The resulting estimate meets AACE Class 3 accuracy standards (+15%/-10%) across the full Project scope, providing a substantially more advanced and higher-confidence basis for project financing, procurement and ex*****on planning.
Justin Reid, CEO of Troilus, commented, “The results presented in our updated technical report reinforce Troilus’ position as one of the most compelling large-scale gold-copper development projects in North America. The combination of a US$3.2 billion after-tax NPV, 22% IRR, 3.6-year payback and approximately 26-year mine life demonstrates the scale, longevity and economic strength of the Project, particularly relative to an initial capital requirement of approximately US$1.43 billion. Just as importantly, these results are now supported by a substantially greater level of engineering and cost definition than at the 2024 Feasibility Study stage. Basic Engineering has been completed across the full Project scope, procurement has advanced materially, and the vast majority of pricing inputs have been validated against current market quotations. This gives us significantly greater confidence in the Project design, cost basis and ex*****on strategy as we advance through Detailed Engineering. The Project itself has also improved, with a longer mine life, a lower strip ratio and approximately 21% higher life-of-mine payable copper production compared with the 2024 Feasibility Study. With engineering, procurement, permitting and project financing advancing in parallel, Troilus is moving decisively from study and design toward ex*****on and a future construction decision.”

For a Full TLG: TSX Profile View and Full Press Release visit them at: https://theinvestorscoliseum.com/featured-companies/troilus-mining-corp/

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Troilus Announces Finnvera LOI for Up to Approximately US$132 Million in Potential Export Credit Support Related to Mets...
08/27/2026

Troilus Announces Finnvera LOI for Up to Approximately US$132 Million in Potential Export Credit Support Related to Metso Equipment Procurement

MONTREAL, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5) (“Troilus” or the “Company”), is pleased to announce that a non-binding Letter of Interest (“LOI”) from Finnvera plc (“Finnvera”), Finland’s official export credit agency, has been issued in connection with the Metso Corporation (“Metso”) equipment procurement recently announced for the gold-copper Troilus Project in north-central Québec (see press release dated August 25, 2026).

The Finnvera LOI with Metso relates to an estimated US$155 million export transaction involving Metso equipment and services for the Project. Under the contemplated structure, Finnvera may support financing of up to 85% of the value of eligible goods and services imported into Canada, representing up to approximately US$132 million based on the estimated transaction value.
The financing would be provided by an eligible commercial bank with Finnvera support, providing another potential source of competitive long-term financing as Troilus advances major equipment procurement and construction readiness.

Justin Reid, CEO and Director of Troilus, commented, “The Finnvera LOI adds a positive dimension to the Metso procurement and represents an important advancement in our broader project financing strategy. The potential for up to approximately US$132 million in export credit support provides another attractive financing avenue as we continue advancing Troilus toward construction. Finnvera is already participating in our broader project financing process, and we are very pleased to see the potential scope of that relationship expand alongside our advancing procurement program. This demonstrates how our procurement and financing strategies are increasingly working together and further strengthens the diversified international financing framework we are building for Troilus.”

For a Full TLG: TSX Profile View and Full Press Release visit them at: https://theinvestorscoliseum.com/featured-companies/troilus-mining-corp/
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Troilus Selects Metso for Major Process Equipment as Project Advances Towards ConstructionMONTREAL, Aug. 25, 2026 (GLOBE...
08/25/2026

Troilus Selects Metso for Major Process Equipment as Project Advances Towards Construction

MONTREAL, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5) (“Troilus” or the “Company”), is pleased to announce the selection of Metso Corporation (“Metso”) for the first phase of major process equipment procurement for the gold-copper Troilus Project in north-central Québec.
Following a comprehensive technical, commercial, commissioning, ramp-up and life-cycle services evaluation, Troilus recently issued Metso a Letter of Award (“LOA”) and Limited Notice to Proceed (“LNTP”). The award covers major equipment packages including the gyratory and cone crushers, the apron and belt feeders, the wet and dry screens, the High-Pressure Grinding Rolls (“HPGRs”) and the ball mills.
The LOA and LNTP allow Troilus and Metso to secure key commercial terms, preserve the Project schedule and immediately advance critical detailed engineering activities while definitive equipment supply and service agreements are finalized.
Advancing Ex*****on Readiness
Metso has already been integrated into Troilus’ Detailed Engineering program, with a series of technical workshops underway to advance equipment interfaces, plant layout, 3D modelling and construction planning.
In parallel, Troilus is initiating a series of Early Contractor Involvement (“ECI”) engagements with specialized contractors, bringing key construction expertise into the Project ahead of ex*****on. This early involvement of key OEMs and contractors is intended to improve constructability, strengthen cost and schedule certainty and reduce ex*****on risk ahead of construction.
Justin Reid, CEO and Director of Troilus, commented, “The selection of Metso for our first major process equipment package is another important step as Troilus advances toward construction. Bringing a globally recognized OEM into the engineering process at this stage helps protect schedule, improve ex*****on certainty and ensure that equipment interfaces are addressed early. Metso’s strong technical offering, combined with its established service capabilities in Québec and across Canada, made it a natural fit for a project of this scale.”

For a Full TLG: TSX Profile View and Full Press Release visit them at: https://theinvestorscoliseum.com/featured-companies/troilus-mining-corp/

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Troilus Drills 8.84 g/t AuEq Over 4.8 m at Z87, Confirming High-Grade Mineralization 400 m Beyond Current Resource Pit S...
08/20/2026

Troilus Drills 8.84 g/t AuEq Over 4.8 m at Z87, Confirming High-Grade Mineralization 400 m Beyond Current Resource Pit Shell

MONTREAL, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5) is pleased to announce results from five drill holes totaling 2,915 metres completed as part of the ongoing Z87 extension drilling program at its gold-copper Troilus Project located in north-central Quebec, Canada.

All five holes were extensions of existing drillholes originating from the J Zone and were designed to test the down-plunge continuity of high-grade Z87 mineralization beyond the existing mineral resource (see the 2023 Mineral Resource Estimate in the October 16, 2023, press release).

Z87 Underground Target Intercept Highlights (see Figure 1 and 2):
 Hole TLG-ZJ20-222-EXT26 intersected 8.84 g/t gold equivalent (“AuEq”) (7.02 g/t Au, 21.63 g/t Ag, 1.03% Cu) over 4.8 m, including 23.58 g/t AuEq (22.70 g/t Au, 21.70 g/t Ag, 0.41% Cu) over 1 m and 7.04 g/t AuEq (4.06 g/t Au, 30.96 g/t Ag, 1.73 % Cu) over 2.8 metres starting at 859 metres downhole. See core photo in Figure 3.
 Hole TLG-ZJ419-094-EXT26 intersected 5.07 g/t AuEq (3.65 g/t Au, 12.26 g/t Ag, 0.84 % Cu) over 5 m, including 7.79 g/t AuEq (5.73 g/t Au, 17.93 g/t Ag, 1.22 % Cu) over 3 metres starting at 842 metres downhole.
 Hole J-22-344-EXT26 intersected 2.08 g/t AuEq (1.93 g/t Au, 1.88 g/t Ag, 0.09 % Cu) over 6.17 m, including 9.26 g/t AuEq (8.94 g/t Au, 4.20 g/t Ag, 0.18 % Cu) over 1.37 metres starting at 995.2 metres downhole.
 Hole TLG-ZJ19-165-EXT26 intersected 2.84 g/t AuEq (2.38 g/t Au, 4.16 g/t Ag, 0.27 % Cu) over 3.7 m within a broader zone of 1.71 g/t AuEq (1.32 g/t Au, 2.87 g/t Ag, 0.23 % Cu) over 8.2 metres starting at 989.5 metres downhole.

Justin Reid, CEO of Troilus, commented, “The results reported today are an encouraging reminder of the significant opportunity that remains at depth at Troilus. Since acquiring the Project, our development plan has evolved from an initial underground concept beneath the historically mined J and Z87 pits into a much larger, 50,000 tonne-per-day open-pit operation. These latest results reinforce the compelling underground potential that remains beneath Z87. By re-entering and extending five existing drill holes into the interpreted high-grade core, we intersected mineralization in every hole and confirmed high-grade continuity at least 400 metres beyond the existing resource pit shell. These results provide valuable new data for future geological model updates as we continue evaluating the longer-term scale, flexibility and optionality of the Troilus Project.”

For a Full TLG: TSX Profile View and Full Press Release visit them at: https://theinvestorscoliseum.com/featured-companies/troilus-mining-corp/
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Lithium Ionic Announces Agreement to Sell its Salinas Group of Lithium Properties to PLS for US$37.5 Million in Cash, Re...
08/13/2026

Lithium Ionic Announces Agreement to Sell its Salinas Group of Lithium Properties to PLS for US$37.5 Million in Cash, Retaining a 2.0% Royalty on Future Spodumene Sales

TORONTO, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to announce that its wholly-owned subsidiaries Salit Mineração Ltda and Neolit Minerals Participações Ltda (“Neolit”) and its affiliates have entered into a definitive agreement August 12, 2026 with PLS Brasil Mineração Ltda., a wholly owned subsidiary of PLS Group Limited (ASX: PLS) (“PLS”), one of the world’s largest hard-rock lithium producers, for the sale of the Company’s Salinas group of lithium properties, which includes the Baixa Grande lithium resource (collectively, “Salinas”), located in Minas Gerais, within Brazil’s globally significant Lithium Valley (the “Transaction”). The purchase agreement provides for an aggregate purchase price of US$37.5 million. Separately, Lithium Ionic, through its wholly-owned subsidiary Neolit, shall retain a 2.0% royalty on future spodumene sales from Baixa Grande. The Transaction is expected to result in the Baixa Grande deposit being evaluated for integration with PLS’s adjacent Colina Project.

Blake Hylands, P.Geo., CEO of Lithium Ionic, commented, “Salinas demonstrates the value our team creates through disciplined exploration. We entered the district in early 2023 and, in under two years, advanced it from first drill holes to a spodumene mineral resource. This Transaction crystallizes that value for shareholders without dilution, at a constructive point in the lithium cycle, and the Royalty keeps shareholders exposed to Baixa Grande’s potential future development under PLS, one of the largest hard-rock lithium operators in the world. PLS is a natural fit as the acquirer of Baixa Grande given its neighbouring Colina Project. We are pleased to see it pass to a leading lithium producer rapidly growing its presence in the Lithium Valley, and with a strengthened balance sheet, we are squarely focused on advancing Bandeira toward a construction decision and becoming a near-term, low-cost lithium producer.”

Please visit for a Full Profile View & Detailed Press Release: https://theinvestorscoliseum.com/featured-companies/lithium-ionic-corp/

$LTH $LTHCF $H3N

Troilus Selected by the Government of Quebec to Receive Specialized Support Through the New Filon Initiative for Strateg...
07/27/2026

Troilus Selected by the Government of Quebec to Receive Specialized Support Through the New Filon Initiative for Strategic Mining Projects

MONTREAL, July 27, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5) (“Troilus” or the “Company”), is pleased to announce that the Troilus Project has been selected by Québec's Minister of Natural Resources and Forests, the Honourable Kateri Ch*****ne Jourdain, as one of the first projects to benefit from Filon, a specialized support service established by the Government of Québec to enhance government coordination and support the advancement of strategic mining projects through the provincial permitting process.

Announced as part of Québec's 2025-2031 Strategy for the Development of Critical and Strategic Minerals, Filon is designed to strengthen coordination among government ministries and agencies involved in the authorization process for qualifying projects. Through a dedicated team of mining specialists, the specialized support facilitates communication between project proponents and the government ministries and agencies responsible for issuing permits and authorizations, while maintaining Québec's rigorous environmental review framework.
In addition, the specialized support provided through the Filon initiative comes amid broader efforts by the Governments of Québec and Canada to improve the efficiency, clarity and predictability of regulatory processes for major projects. Earlier this week, the two governments announced a proposed "One Project, One Review" agreement aimed at harmonizing provincial and federal environmental assessments, reducing duplication while maintaining rigorous environmental oversight. Together, these initiatives reflect a growing commitment by the Governments of Québec and Canada to supporting the responsible development of strategic mineral projects.

Justin Reid, Chief Executive Officer of Troilus, commented, “We are honoured that the Government of Québec has recognized the Troilus Project as one of the first projects to benefit from the specialized support of Filon. As one of Québec's largest and most advanced copper-gold development projects, Troilus is well positioned to contribute to Québec's economic growth and long-term critical minerals strategy. We welcome initiatives that improve collaboration across government while maintaining a rigorous and transparent permitting process, and we appreciate the Government of Québec's continued commitment to advancing the responsible development of strategic mining projects in Québec.”

For a Full TLG: TSX Profile View and Full Press Release visit them at: https://theinvestorscoliseum.com/featured-companies/troilus-mining-corp/
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Troilus Drills 1.10 g/t AuEq Over 103 m as Z87 Optimization Program Continues to Strengthen Mine PlanningMONTREAL, July ...
07/23/2026

Troilus Drills 1.10 g/t AuEq Over 103 m as Z87 Optimization Program Continues to Strengthen Mine Planning

MONTREAL, July 23, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5), is pleased to announce the third batch of results from the Z87 optimization drill program, as part of its ongoing 2026 Exploration activities at its Troilus Project located in north-central Quebec, Canada. The results reported include 10 drill holes totalling 4,230 metres, following the exploration program outlined in the Company’s March 31, 2026 press release.
The on-going Z87 optimization program is designed to upgrade inferred material and target unsampled intervals from historic drilling within the hangingwall of the main ore zone. All results returned are within the Z87 reserve pit, as defined in the Feasibility Study (see May 14, 2024 press release) and support the Company’s objective of evaluating opportunities to enhance future mine planning, including potential resource conversion, pit sequencing optimization, strip ratio improvements and early-year mill feed.
Z87 Intercept Highlights (see Figure 1):

-Hole 87-26-484 intersected 1.10 g/t gold equivalent (“AuEQ”) (0.98 g/t Au, 0.54 g/t Ag, 0.07% Cu) over 103 m, including 2.10 g/t AuEQ (1.86g/t Au, 0.84 g/t Ag, 0.15 % Cu) over 34 m starting at 442 m downhole from an area of inferred material within the Z87 reserve pit.

-Hole 87-26-492 intersected 1.98 g/t gold equivalent (“AuEQ”) (1.41 g/t Au, 33.49 g/t Ag, 0.10 % Cu) over 14 m, including 9.87g/t AuEQ (5.95 g/t Au, 260.80 g/t Ag, 0.37 % Cu) over 1.5m from the Z87 hangingwall starting at 162 m downhole.

-Hole 87-26-512 intersected 0.92 g/t gold equivalent (“AuEQ”) (0.79 g/t Au, 0.94 g/t Ag, 0.07 % Cu) over 93 m, including 2.30 g/t AuEQ (2.13 g/t Au, 1.34 g/t Ag, 0.10 % Cu) over 21m starting at 494 m downhole. This intercept expands mineralization beyond limited historic sampling.

Justin Reid, CEO of Troilus, commented, “The drills keep producing phenomenal numbers from the Z87 reserve pit - these latest results continue to validate what we have been seeing throughout our mine plan optimization program. As drilling progresses, we are consistently intersecting mineralization in areas that were either historically unsampled or classified as waste within the reserve pit and systematically optimizing the resource model in the process. These particular results demonstrate that there is more mineralization to be defined in many areas of the reserve pit and significant high-grade material just behind existing pit walls. We expect that successfully targeting inferred material and expanding new high-grade trends in the hangingwall should translate to more tonnage and an improved strip ratio during early mining phases.”

For a Full TLG: TSX Profile View and Full Press Release visit them at: https://theinvestorscoliseum.com/featured-companies/troilus-mining-corp/

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