Tag: Promise

Analyst: Mining Project in Quebec Offers ‘Zone Displaying Promise’

January 19, 2021 (Investorideas.com Newswire) Troilus Gold’s new drill results and their implications are talked over in a Haywood Capital Marketplaces report.

In a Jan. 12 analysis note, Haywood Funds Marketplaces analyst Pierre Vaillancourt observed that Troilus Gold Corp. (TLG:TSX CHXMF:OTCQB) announced the conclusions from the two original holes drilled at the Troilus property as component of its fall-winter season 2020 marketing campaign. “The drill results show promising opportunity for the Southwest zone to become the centre of gravity for the Troilus deposit,” he additional.

Vaillancourt pointed out that the two holes showed extension of gold mineralization within and outside of the Southwest zone open up pit as described in the 2020 preliminary economic assessment (PEA).

TLG-ZSW20-204, a 200 meter (200m) stepout gap, encountered wide gold mineralization among 50 meters and 450 meters from area, outside of the useful resource envelope and the proposed pit.

Hole TLG-ZSW20-201 verified that mineralization