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Update: Troilus Gold Up 5% as It Launches the 2025 Exploration Program at Its Namesake Project in Quebec
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Update: Troilus Gold Up 5% as It Launches the 2025 Exploration Program at Its Namesake Project in Quebec
Feb 4, 2025 9:27 AM

12:08 PM EST, 02/04/2025 (MT Newswires) -- (Updates shares.)

Troilus Gold ( CHXMF ) said Tuesday it launched its 2025 exploration program at the Troilus copper-gold project in Quebec.

The program includes a 15,000-meters drill program targeting near-mine, high-grade zones; over 2,100 line-kilometers of versatile time-domain electromagnetic surveys; and 23.3 line-kilometers of induced polarization surveys.

The company will also collect 3,700 soil samples to infill key data gaps in existing geochemical surveys, and conduct detailed geological mapping across multiple targets.

"This year's exploration plans are designed to optimize planning, assess opportunities to integrate higher-grade mineralization into the early years of production, and further unlock the district-scale potential of our property through continued regional exploration," CEO Justin Reid said.

Troilus shares were last seen up $0.02 to $0.39 on the Toronto Stock Exchange.

Price: 0.39, Change: +0.02, Percent Change: +5.41

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