07:46 AM EDT, 08/13/2024 (MT Newswires) -- Troilus Gold ( CHXMF ) on Tuesday said it has begun dewatering at its J4 pit, a process that is expected to take approximately 6 months to complete.
Dewatering of the larger Z87 pit is expected to start in 2025 and will take approximately 18 months to complete.
Dewatering of the pits will provide safe access for ongoing exploration of the mined pits and is a key component to be completed for redevelopment of the existing mine site going forward.
"Completing the Environmental Impact Assessment to dewater the pits and putting in place the equipment and infrastructure have demonstrated our team's ability to manage the regulatory and stakeholder requirements to advance the complicated components of a mining project in Northern Quebec," said CEO and Director Justin Reid, "and provide valuable experience to continue moving the Troilus Project through the permitting process."