Troilus Mining Corp

The speaker cites Troilus as a comparable copper-gold asset, putting it at about 324 million tonnes grading 0.49 g/t gold and 0.06% copper.

A 55,000-metre systematic drill program is finally testing the historic Greenwood Copper-Gold District in BC for scale across three targets. Three main zones — Phoenix South, JD Golden Crown, and Lexington — could together host a billion-tonne district at high grades. Existing roads, rail, power, a permitted mill, and tailings storage save roughly a couple hundred million dollars of development capex. Phoenix is fully funded with $50M cash for a two-year exploration program, giving investors two years of news flow without dilution. First Lexington drill results are expected in October, with Phoenix target results in November — assays take roughly six weeks.

GOLD Just Became a Real Alternative to the Dollar (Here’s Why): Nick Campbell

Commodity Culture

about 1 month ago 47:26

Key Highlights

The guest uses Troilus as a peer benchmark when sizing the Phoenix district, citing roughly 324 million tonnes at 0.49 g/t gold and 0.06% copper.

Gold's structural bull case rests on central bank diversification away from the USD, accelerated by the 2022 dollar weaponization. Copper supply stays tight because major mines need roughly 25 years from discovery to production, supporting prices above $6/lb. Phoenix Metals controls the consolidated Greenwood copper-gold district in British Columbia, with bulk-tonnage (large-volume, low-grade) potential of up to a billion tonnes. CEO Nick Campbell's track record spans Silvercrest and Artemis, both of which he helped grow from small-cap juniors to multi-billion-dollar producers. First Lexington drill results are due October 2026, with a PEA (Preliminary Economic Assessment) on the permitted mill targeted for next year.

Power Metallic Mines ($PNPN | $PNPNF): Maiden MRE & Exploration Updates

Investor TV

2 months ago

Key Highlights

Terry notes Troilus is 'just down the road' from Power Metallic's Lion Zone, framing the area as gold country.
Cited alongside the Eleanor deposit as evidence the property sits in a productive gold fairway with a secondary gold story.

Power Metallic's maiden MRE for Lion and Nisk slipped to end of August; management argues it implies $1B+ NPV against a ~$200M market cap. Lion's roughly 5% Cu grade is an order of magnitude above the average operating copper mine, framing the project's unusual economics. Management plans to skip PFS and move Lion straight from maiden MRE to feasibility, with a PEA follow-up targeted by mid-November 2026. Muon-based geophysics is being deployed across the 5.5 km gap between Lion and Nisk to vector deeper drilling more cost-effectively.

Troilus Mining – Detailed Engineering, Hydro Power Secured, Filon Initiative Expedites Permitting

Key Highlights

detailed

The CEO says a fully financed package is close: credit committee on $1.2 billion in debt mandates is near, about $130 million is in the bank, and royalty or streaming negotiations are almost complete.
He calls the 70 MW Hydro Quebec allocation — 100% hydroelectric power at 3.2 cents per kWh — possibly the project's biggest milestone, saying there is no mine without it and that it checks a final box for lenders.
Troilus is the first company named to Quebec's Filon fast-track permitting process, giving it a single government contact to cut red tape; with the ESIA filed over a year ago, he says permits are a question of 'how soon,' not 'if.'
Basic engineering is done and detailed engineering is underway (100,000-plus man-hours, 75 engineers with BBA in Montreal); roughly $100 million of pre-development work this year includes moving about 8 million tons of rock and a 2-million-ton bulk sample he values near $100 million.
As of the July 2026 interview, drilling keeps converting modelled 'zeros' in the hanging wall and West Rim into mineralization — one section shows the strip ratio down about 25% — and he expects the revised 43-101 in September to lift reserves and grades.

Troilus has 70 megawatts of hydroelectric power secured at 3.2 cents per kilowatt-hour, which the CEO calls the project's make-or-break de-risking milestone. Quebec selected the project for its Filon program, providing a dedicated coordinator to expedite permitting while federal and provincial reviews stay on track. A $1.2 billion debt mandate is nearing final credit committee approval, with royalty and streaming offers in final negotiation to complete the financing package. Near-mine drilling is turning previously barren waste into ore, cutting the strip ratio (waste moved per ton of ore) about 25% on one section. A revised 43-101 (the formal resource and reserve statement) is due in September, with reserves, grades, and strip ratio all expected to improve.

Erik Wetterling – Navigating The Summer Doldrums In PM Stocks By Focusing On Companies w/ Catalysts

Key Highlights

The guest cites Troilus alongside Banyan Gold as a large-ounces developer that has held up better than the rest of the junior sector during the correction.

Junior sentiment has decayed to the point where good news releases barely lift share prices, per the guest's read of the tape. Buyers hold an information advantage now: they watch results unfold without paying up, while holders wait on flat-to-worse outcomes. Balance sheets decide survival: self-funded juniors keep building value, while retail-funded peers risk a dilution spiral. Advanced developers holding large defined resources have outperformed, partly because buyers see them as likely takeover targets. Developer valuations sit far below NPV (net present value) of their projects at spot gold, leaving room for takeover buyers.

Surge Copper – Breaking Down The Key Metrics and Takeaways From The Berg Project PFS

Key Highlights

The host notes Troilus started earlier but has taken roughly 3 to 5 years to move through the permitting process, offering it as a realistic comparable for British Columbia timelines.

Surge Copper's Berg PFS delivers a C$4.6 billion after-tax NPV8% and 24% IRR on conservative long-term prices, doubling at spot. A maiden 1.2-billion-tonne reserve supports a 28-year mine life with copper as the primary metal and leading molybdenum and silver output. The C$4.7 billion initial capex is an unlevered figure, with agency debt, offtake, and silver streaming expected to limit equity dilution. Berg enters British Columbia's environmental assessment later this year, with management guiding three to five years through the permitting process. CEO Leif Nilsson argues Berg and Utsa rank top-quartile on fundamentals but trade at bottom-quartile market-cap-to-NPV multiples.

Toogood Gold ($TGC | $TGGCF): Advancing a District-Scale Gold Project in Nevada

Nordic Funds

Key Highlights

The CEO explains Prospector Metals optioned Mike Lake from Troilus Gold and Troilus came in as a 19.9% shareholder, a key reason the Newfoundland project became non-core and was vended to Toogood.

CEO Colin Smith says the never-drilled Table Mountain project in Nevada is a district-scale epithermal (hot-spring style) gold system with multigram gold in surface veins. Band-on-band vein textures record boiling — the process that drops gold out of solution — pointing to shallow drill targets in an intact system. Origin Royalties and Altius Minerals found the project with airborne spectral alteration mapping, mirroring the 16-million-ounce Silicon-Merlin district nearby. In Newfoundland, the Toogood project hit visible gold in 15 of 19 maiden holes, and thin glacial cover makes soil anomalies reliable drill guides. About C$3 million in treasury and 85 million shares out fund the work, with a maiden Nevada drill planned for Q3 or Q4.

Don Durrett & John Feneck Interview Mayfair Gold ($MFG | $MINE) on Building a Mine in Ontario

Investor TV

6 months ago

Key Highlights

Nick Campbell notes Troilus is a brownfield project and expects it to have an easier time in Canada's environmental assessment process than a greenfield project like Fenn-Gib.

Mayfair Gold is permitting a 4,800 tonne-per-day starter pit at Fenn-Gib provincially, cutting years off the federal route to first production. Projects under 5,000 tonnes per day permit provincially in Ontario, avoiding a federal review where no new (greenfield) mine has won approval since 2019. Management guides to a sub-$1,200 AISC (All-In Sustaining Cost — the full cost to produce an ounce) and first gold in 2030. Staying small preserves optionality: regional high-grade and underground tonnes can sweeten mill feed (raise average grade) without expanding throughput or new federal permits. Don Durrett favors undervalued, leveraged silver producers while John Fenwick argues war headlines, not fundamentals, gate gold's next move.

Troilus Mining – Basic And Detailed Engineering, Capital Stack, Permitting, & Exploration Update