Troilus Mining Corp. Reports High‑Grade Gold‑Copper Findings at Z87
Troilus Mining Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5) announced the completion of five drill holes totaling 2,915 m as part of its Z87 extension program at the Troilus Project in north‑central Quebec. The holes were designed to test the down‑plunge continuity of high‑grade mineralization beyond the existing resource pit shell.
Key Drill Results
| Hole | Depth (m) | AuEq (g/t) | Au (g/t) | Ag (g/t) | Cu (%) | Interval (m) |
|---|---|---|---|---|---|---|
| TLG‑ZJ20‑222‑EXT26 | 859 – 864 | 8.84 | 7.02 | 21.63 | 1.03 | 4.8 |
| TLG‑ZJ419‑094‑EXT26 | 842 – 847 | 5.07 | 3.65 | 12.26 | 0.84 | 5.0 |
| J‑22‑344‑EXT26 | 995.2 – 1,001.4 | 2.08 | 1.93 | 1.88 | 0.09 | 6.17 |
| TLG‑ZJ19‑165‑EXT26 | — | 2.84 | 2.38 | 4.16 | 0.27 | — |
The most significant intercept was 8.84 g/t AuEq over 4.8 m in hole TLG‑ZJ20‑222‑EXT26, including a 1‑m interval at 23.58 g/t AuEq. The results confirm that high‑grade mineralization extends approximately 400 m beyond the current resource pit shell.
Context
The Troilus Project is a gold‑copper exploration site located in Quebec, Canada. The company has been conducting drilling programs to expand its mineral resource base. The recent drill results strengthen the case for continued resource development and may support future metallurgical testing.
Market Information
- Close Price (2026‑08‑19): CAD 2.12
- 52‑Week High: CAD 2.33 (2026‑02‑24)
- 52‑Week Low: CAD 0.75 (2025‑08‑24)
- Market Capitalisation: CAD 832 320 000
- Price/Earnings Ratio: –10.5
Troilus Mining Corp. remains a development‑stage mining company listed on the Toronto Stock Exchange, focusing on uranium, copper, coal, and gold exploration services across Canada.
