An updated resource estimate for Troilus Gold’s project in Quebec features 177.3 million indicated tonnes, grading 0.75 g/t gold, 0.08% copper and 1.17 g/t silver.
Bogoso currently has measured and indicated resources of 1.76 million ounces of gold contained within 19.8 million tonnes grading 2.76 grams gold per tonne.
Company has entered into a royalty purchase agreement with a private vendor to acquire a 1% net smelter return royalty on a portion of gold project in Quebec.