Measured and indicated resources at Getchell consist of 21 million tonnes, at 2.16 g/t gold for 1.5 million gold oz., with an additional 2.8 million inferred tonnes at 7.23 g/t gold for 646,000 oz. gold.
PEA for Troilus Gold’s namesake project in Quebec has outlined a 22-year, 35,000 t/d open pit and underground mine, with the 9,000 t/d sub-surface portion starting up in the eighth year.
The company has closed financing transactions totalling C$20 million with Pallinghurst to fund the next phase of the Matawinie project in Saint-Michel-des-Saints.