Understanding Troilus Gold Corp’s Environmental Study Outcomes

MONTREAL, Dec. 10, 2024 (GLOBE NEWSWIRE) — Troilus Gold Corp. (“Troilus” or the “Company”) has recently unveiled promising findings from its environmental research at the Troilus Project in north-central Quebec. This study, in collaboration with several prominent institutions including Coalia and the National Research Council of Canada, highlights the project’s minimal risk for Acid Rock Drainage (ARD). These results mark a significant step toward sustainable development in mining activities.

Key Findings of the Troilus Project Environmental Study

• Low Risk of Acidic Drainage: Analysis of more than 158,000 rock samples across primary ore zones reveals a naturally occurring composition that neutralizes acidity. This property reduces the chances of harmful acidic water runoff.
• Comprehensive Testing and Predictive Analysis: Utilizing advanced techniques like acid-base accounting (ABA) and 3D modeling, tests on 89 rock samples and 13 leach column subsamples confirm the presence of acid-counteracting minerals. This finding reaffirms the low ARD risk at Troilus.
• Validated Findings through Extended Monitoring: Predictions from this study align with historical data, evidencing continuity in outcomes observed from previous operations and post-closure monitoring.
• Commitment to Sustainability: The Troilus Project pledges to uphold environmentally conscious mining practices, backed by the neutralizing properties of its mineral resources. This approach aligns with Troilus’s broader goals of low-impact mining.

Comments on Sustainable Development

Jacqueline Leroux, VP Environment & Permitting at Troilus, highlighted the significant implications of these study results, stating, “Our collaboration with the National Research Council has confirmed the inherently non-acidic nature of our rock. This revelation not only impacts our ecological footprint positively but also offers potential operational cost savings—allowing us to utilize waste rocks for infrastructural purposes, such as road building, which negates the need for a tailings facility liner.”

The Implications for Future Operations

The study results have been shared with both mining professionals and academic communities, fostering an open dialogue on sustainable mining innovations. The Troilus Project is poised as a promising venture, conducive to ecological development and economic gain.

About Troilus Gold Corp.

Troilus Gold Corp. is advancing its development-stage mining aims in the renowned tier-one jurisdiction of Quebec, Canada. With a significant land position in the Frôtet-Evans Greenstone Belt, Troilus is transitioning toward a large-scale, 22-year operation. The project has been supported by a 2024 Feasibility Study, cementing its role as a prominent North American mining initiative.

For further information or inquiries, contact:

Caroline Arsenault
VP Corporate Communications
Phone: +1 (647) 407-7123
Email: info@troilusgold.com

Cautionary Note on Forward-Looking Statements

This announcement by Troilus includes forward-looking statements, grounded in current expectations and assumptions. These look-ahead statements encompass potential impacts on project expansion, exploration activities, and the broader development timetable. However, actual outcomes may differ significantly due to certain risks and uncertainties, which Troilus has detailed in continuous disclosure documents at www.sedarplus.ca.

While Troilus is committed to mitigating potential discrepancies in forward-facing statements, readers are advised to consider the intrinsic volatility of mining endeavors and associated markets. Troilus remains steadfast in its transparency and adherence to applicable securities laws, only updating forward-looking statements within those boundaries.

Source: https://www.globenewswire.com/news-release/2024/12/10/2994359/0/en/Troilus-Announces-Positive-Environmental-Study-Results-Confirms-Low-Acidity-and-Natural-Neutralizing-Properties-of-Ore-Zones.html