Troilus présente un rapport technique mis à jour à la suite de l’achèvement de l’ingénierie de base, faisant ressortir une VAN après impôt à 5 % de 3,2 G$ US, un TRI de 22 % et des flux de trésorerie de 6,9 G$ US selon le scénario de base reposant sur un prix de l’or de 3 600 $ US l’once
Original announcement by globenewswire on
- Company
- Corporation minière Troilus
- Ticker
- TLG
- Exchange
- Unavailable
- Region
- Quebec, Canada
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver
- Document categories
- Resource update, Metallurgy
- Extracted
- 2026-09-12 01:35:35 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Troilus Mining Corp. announced an updated NI 43-101 compliant technical report for its Troilus gold-copper project in Quebec, Canada. The report highlights strong post-tax economics with a US$3.2 billion NPV (5% discount), a 22% IRR, and US$6.9 billion in after-tax cash flow, based on a US$3,600/oz gold price. It details a 26-year mine life with a 26% increase in mineral reserves to 478 Mt, containing 6.7 Moz gold, 568 Mlb copper, and 14.2 Moz silver, supported by advanced engineering and cost validation.
Reasoning: The updated technical report for the Troilus project demonstrates robust economics with a high NPV and IRR, supported by a substantial increase in mineral reserves and a long mine life. The project benefits from advanced engineering and cost validation, high M&I resource confidence, and favorable metallurgical characteristics, although the resource cutoff grade was lowered and the gold grades are relatively low for an open-pit operation.
Positive factors
- High NPV and IRR demonstrating strong project economics
- Significant 26% increase in mineral reserves
- Extended mine life of 26 years
- Improved strip ratio of 2.4:1
- Advanced engineering and cost definition (AACE Class 3 estimate) providing high confidence
- QP/CP sign-off on the technical report
- High Measured and Indicated resource confidence (81.6%)
- Strong metallurgical recoveries for copper and silver, moderate for gold
- Clean ore characteristics (cyanide-free process, non-acid generating waste)
- Multi-domain metallurgical testing addressing ore variability
- Integration of gold dore production from start-up for faster cash flow generation
Negative factors
- Lowered resource cutoff grade from 0.3 g/t AuEq to an equivalent of 0.2 g/t AuEq, which can inflate tonnage
- Relatively low gold and gold equivalent grades for an open-pit operation (0.39-0.44 g/t Au and 0.46-0.52 g/t AuEq)
Facts used in scoring: 51
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The report is stated to be compliant with Règlement 43-101, a recognized reporting standard.
Evidence · text
“rapport technique conforme au Règlement 43-101”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The technical report was reviewed and approved by several Qualified Persons (ing., géo.) from BBA, AGP, and WSP.
Evidence · text
“L’information scientifique et technique présentée dans le présent communiqué de presse relativement au rapport technique a été examinée et approuvée par les auteurs concernés du rapport technique présentés au tableau 8”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document presents an updated technical report including revised mineral resource and reserve estimates, building on a prior feasibility study.
Evidence · text
“rapport technique mis à jour”
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: Mineral reserves increased by 26% (from 380 Mt to 478 Mt) compared to the 2024 feasibility study.
Evidence · text
“Le tonnage des réserves a augmenté d’environ 26 % par rapport à l’étude de faisabilité de 2024”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: The increase in reserves and maintained grades resulted in higher contained gold (6.7 Moz), copper (568 Mlb), and silver (14.2 Moz).
Evidence · text
“6,7 millions d’onces d’or, 568 millions de livres de cuivre et 14,2 millions d’onces d’argent”
Cut-off Lowerednegative
Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: The resource domains were remodelled using a lower cut-off grade of 0.2 g/t AuEq, compared to 0.3 g/t AuEq in the 2024 feasibility study.
Evidence · text
“seuil inférieur de 0,2 g/t d’équ.-or, comparativement à 0,3 g/t d’équ.-or dans l’étude de faisabilité de 2024”
Free Millingpositive
Simple, clean ore amenable to standard processing without oxidation.
Why it applies: The processing flowsheet is cyanide-free and the waste rock is non-acid generating, indicating simple metallurgy.
Evidence · text
“schéma de traitement sans cyanure et de stériles non générateurs d’acide”
Multi-Domain Testedpositive
Variability across ore domains (oxide, transition, fresh) has been addressed.
Why it applies: Metallurgical testwork considered variable ore characteristics and different zones (e.g., SW zone) to support the processing design.
Evidence · text
“caractéristiques variables du minerai durant la période de montée en puissance et jusqu’à l’atteinte de la production commerciale.”
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The resource estimate includes 81.6 Mt of Measured resources, representing the highest confidence category.
Evidence · table
“81,6”
Context: Mesurées
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource estimate includes 728.6 Mt of Indicated resources, providing good geological confidence.
Evidence · table
“728,6”
Context: Indiquées
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The reserve estimate includes 49 Mt of Proven reserves, representing the highest confidence category for economic viability.
Evidence · table
“49”
Context: Prouvées
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The reserve estimate includes 429 Mt of Probable reserves, providing good confidence for economic viability.
Evidence · table
“429”
Context: Probables
Weak Resource Gradenegative · Story-specific tag
No canonical definition is currently available.
Why it applies: The overall gold grade of 0.39 g/t Au for Measured + Indicated resources is below the 0.4 g/t Au weak threshold for open-pit gold deposits.
Evidence · table
“0,39”
Context: 810,2
Strong Recoverypositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The copper recovery of 89.6% is within the strong band (88-92%) for flotation processing.
Evidence · text
“89,6 % pour le cuivre”
Moderate Recoverypositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The gold recovery of 86.7% is within the moderate band (85-90%) for mill/CIL processing.
Evidence · text
“86,7 % pour l’or”
Extracted facts
Stored fact records: 51. Some facts used in scoring do not have a stored record.
Resource Estimates (48)
provenTroilus · goldTonnes: 49000000Grade: 0.45Grade Unit: g/tContained Metal: 0.71Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski, ing.
- Resource group id
- resource:baa670a2651b80e2ee9c
Resource Data
- Category
- proven
- Tonnes
- 49000000
- Grade
- 0.45
- Grade Unit
- g/t
- Contained Metal
- 0.71
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 380000000
Metal Equivalent
- Metal Eq. Grade
- 0.53
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Proven gold reserve contributes to the overall increase in project reserves, providing high confidence, though the grade is relatively low for open-pit mining.
Positive factors
- High confidence Proven Reserve category
- Part of a significant overall reserve increase
Negative factors
- Low gold grade for an open-pit operation
Evidence · table
“0,45”
Context: 49
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 49000000 against 380000000 previously
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
provenTroilus · copperTonnes: 49000000Grade: 0.048Grade Unit: %Contained Metal: 52Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski, ing.
- Resource group id
- resource:baa670a2651b80e2ee9c
Resource Data
- Category
- proven
- Tonnes
- 49000000
- Grade
- 0.048
- Grade Unit
- %
- Contained Metal
- 52
- Contained Unit
- mlb
- Cutoff Grade
- 11.84
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 380000000
Metal Equivalent
- Metal Eq. Grade
- 0.53
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Proven copper reserve adds to the project's overall metal endowment and confidence, supporting the polymetallic nature of the deposit.
Positive factors
- High confidence Proven Reserve category
- Contributes to polymetallic value of the project
Evidence · table
“0,048”
Context: 49
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 49000000 against 380000000 previously
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
provenTroilus · silverTonnes: 49000000Grade: 0.7Grade Unit: g/tContained Metal: 1.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski, ing.
- Resource group id
- resource:baa670a2651b80e2ee9c
Resource Data
- Category
- proven
- Tonnes
- 49000000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 1.1
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 380000000
Metal Equivalent
- Metal Eq. Grade
- 0.53
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Proven silver reserve enhances the project's polymetallic profile and overall contained metal, adding to the project's value.
Positive factors
- High confidence Proven Reserve category
- Contributes to polymetallic value of the project
Evidence · table
“0,70”
Context: 49
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 49000000 against 380000000 previously
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
probableTroilus · goldTonnes: 429000000Grade: 0.43Grade Unit: g/tContained Metal: 5.98Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski, ing.
- Resource group id
- resource:4cd8e5f5df47037875d6
Resource Data
- Category
- probable
- Tonnes
- 429000000
- Grade
- 0.43
- Grade Unit
- g/t
- Contained Metal
- 5.98
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 380000000
Metal Equivalent
- Metal Eq. Grade
- 0.52
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Probable gold reserve represents a substantial portion of the project's total reserves, contributing significantly to the overall increase, despite a relatively low gold grade for open-pit mining.
Positive factors
- Probable Reserve category provides good confidence
- Significant contribution to overall reserve increase
Negative factors
- Low gold grade for an open-pit operation
Evidence · table
“0,43”
Context: 429
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
probableTroilus · copperTonnes: 429000000Grade: 0.055Grade Unit: %Contained Metal: 517Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski, ing.
- Resource group id
- resource:4cd8e5f5df47037875d6
Resource Data
- Category
- probable
- Tonnes
- 429000000
- Grade
- 0.055
- Grade Unit
- %
- Contained Metal
- 517
- Contained Unit
- mlb
- Cutoff Grade
- 11.84
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 380000000
Metal Equivalent
- Metal Eq. Grade
- 0.52
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Probable copper reserve adds substantial contained metal to the project, enhancing its polymetallic nature and overall economic potential.
Positive factors
- Probable Reserve category provides good confidence
- Significant contribution to polymetallic value
Evidence · table
“0,055”
Context: 429
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
probableTroilus · silverTonnes: 429000000Grade: 0.95Grade Unit: g/tContained Metal: 13.12Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski, ing.
- Resource group id
- resource:4cd8e5f5df47037875d6
Resource Data
- Category
- probable
- Tonnes
- 429000000
- Grade
- 0.95
- Grade Unit
- g/t
- Contained Metal
- 13.12
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 380000000
Metal Equivalent
- Metal Eq. Grade
- 0.52
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Probable silver reserve significantly boosts the project's contained silver, further strengthening its polymetallic economic profile.
Positive factors
- Probable Reserve category provides good confidence
- Significant contribution to polymetallic value
Evidence · table
“0,95”
Context: 429
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
provenTroilus · goldTonnes: 478000000Grade: 0.44Grade Unit: g/tContained Metal: 6.69Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski, ing.
- Resource group id
- resource:76b1db4b90e897921e71
Resource Data
- Category
- proven
- Tonnes
- 478000000
- Grade
- 0.44
- Grade Unit
- g/t
- Contained Metal
- 6.69
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 380000000
Metal Equivalent
- Metal Eq. Grade
- 0.52
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Proven and Probable gold reserve shows a substantial increase in tonnage and contained metal, underpinning the project's long mine life, despite a low gold grade.
Positive factors
- Overall Proven and Probable reserve increase of 26%
- Significant contained gold for a long mine life
Negative factors
- Low gold grade for an open-pit operation
Evidence · table
“0,44”
Context: 478
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 478000000 against 380000000 previously
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
provenTroilus · copperTonnes: 478000000Grade: 0.054Grade Unit: %Contained Metal: 568Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski, ing.
- Resource group id
- resource:76b1db4b90e897921e71
Resource Data
- Category
- proven
- Tonnes
- 478000000
- Grade
- 0.054
- Grade Unit
- %
- Contained Metal
- 568
- Contained Unit
- mlb
- Cutoff Grade
- 11.84
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 380000000
Metal Equivalent
- Metal Eq. Grade
- 0.52
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Proven and Probable copper reserve demonstrates a substantial increase in contained metal, reinforcing the project's polymetallic value and long-term production potential.
Positive factors
- Overall Proven and Probable reserve increase of 26%
- Significant contained copper for a long mine life
Evidence · table
“0,054”
Context: 478
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 478000000 against 380000000 previously
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
provenTroilus · silverTonnes: 478000000Grade: 0.92Grade Unit: g/tContained Metal: 14.22Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski, ing.
- Resource group id
- resource:76b1db4b90e897921e71
Resource Data
- Category
- proven
- Tonnes
- 478000000
- Grade
- 0.92
- Grade Unit
- g/t
- Contained Metal
- 14.22
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 380000000
Metal Equivalent
- Metal Eq. Grade
- 0.52
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Proven and Probable silver reserve shows a substantial increase in contained metal, further enhancing the project's polymetallic value and long-term production profile.
Positive factors
- Overall Proven and Probable reserve increase of 26%
- Significant contained silver for a long mine life
Evidence · table
“0,92”
Context: 478
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 478000000 against 380000000 previously
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · goldTonnes: 323000000Grade: 0.44Grade Unit: g/tContained Metal: 4.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:47388be27263444cdd88
- Deposit or zone
- Z87
Resource Data
- Category
- indicated
- Tonnes
- 323000000
- Grade
- 0.44
- Grade Unit
- g/t
- Contained Metal
- 4.6
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.52
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Z87 Indicated gold resource contributes significantly to the project's overall gold endowment, but the lowered cutoff grade and low gold grade are noted.
Positive factors
- Indicated Resource category provides good confidence
- Significant contained gold in the Z87 zone
Negative factors
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,44”
Context: 323,0
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · copperTonnes: 323000000Grade: 0.052Grade Unit: %Contained Metal: 372.7Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:47388be27263444cdd88
- Deposit or zone
- Z87
Resource Data
- Category
- indicated
- Tonnes
- 323000000
- Grade
- 0.052
- Grade Unit
- %
- Contained Metal
- 372.7
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.52
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Z87 Indicated copper resource adds substantial contained metal, contributing to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Indicated Resource category provides good confidence
- Significant contained copper in the Z87 zone
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,052”
Context: 323,0
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · silverTonnes: 323000000Grade: 0.91Grade Unit: g/tContained Metal: 9.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:47388be27263444cdd88
- Deposit or zone
- Z87
Resource Data
- Category
- indicated
- Tonnes
- 323000000
- Grade
- 0.91
- Grade Unit
- g/t
- Contained Metal
- 9.5
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.52
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Z87 Indicated silver resource contributes to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Indicated Resource category provides good confidence
- Significant contained silver in the Z87 zone
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,91”
Context: 323,0
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · goldTonnes: 140000000Grade: 0.36Grade Unit: g/tContained Metal: 1.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:b63a2d687e5da074d31e
- Deposit or zone
- Z87
Resource Data
- Category
- inferred
- Tonnes
- 140000000
- Grade
- 0.36
- Grade Unit
- g/t
- Contained Metal
- 1.6
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.43
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Z87 Inferred gold resource contributes to the total resource, but its lower confidence category, lowered cutoff grade, and low gold grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,36”
Context: 140,0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · copperTonnes: 140000000Grade: 0.045Grade Unit: %Contained Metal: 140.2Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:b63a2d687e5da074d31e
- Deposit or zone
- Z87
Resource Data
- Category
- inferred
- Tonnes
- 140000000
- Grade
- 0.045
- Grade Unit
- %
- Contained Metal
- 140.2
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.43
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Z87 Inferred copper resource contributes to the total resource, but its lower confidence category and lowered cutoff grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,045”
Context: 140,0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · silverTonnes: 140000000Grade: 0.76Grade Unit: g/tContained Metal: 3.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:b63a2d687e5da074d31e
- Deposit or zone
- Z87
Resource Data
- Category
- inferred
- Tonnes
- 140000000
- Grade
- 0.76
- Grade Unit
- g/t
- Contained Metal
- 3.4
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.43
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The Z87 Inferred silver resource contributes to the total resource, but its lower confidence category and lowered cutoff grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,76”
Context: 140,0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · goldTonnes: 273100000Grade: 0.34Grade Unit: g/tContained Metal: 3Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:8d5ee28ff24203deef29
- Deposit or zone
- JZ
Resource Data
- Category
- indicated
- Tonnes
- 273100000
- Grade
- 0.34
- Grade Unit
- g/t
- Contained Metal
- 3
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The JZ Indicated gold resource contributes significantly to the project's overall gold endowment, but the lowered cutoff grade and low gold grade are noted.
Positive factors
- Indicated Resource category provides good confidence
- Significant contained gold in the JZ zone
Negative factors
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,34”
Context: 273,1
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · copperTonnes: 273100000Grade: 0.049Grade Unit: %Contained Metal: 296.9Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:8d5ee28ff24203deef29
- Deposit or zone
- JZ
Resource Data
- Category
- indicated
- Tonnes
- 273100000
- Grade
- 0.049
- Grade Unit
- %
- Contained Metal
- 296.9
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The JZ Indicated copper resource adds substantial contained metal, contributing to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Indicated Resource category provides good confidence
- Significant contained copper in the JZ zone
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,049”
Context: 273,1
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · silverTonnes: 273100000Grade: 0.75Grade Unit: g/tContained Metal: 6.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:8d5ee28ff24203deef29
- Deposit or zone
- JZ
Resource Data
- Category
- indicated
- Tonnes
- 273100000
- Grade
- 0.75
- Grade Unit
- g/t
- Contained Metal
- 6.6
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The JZ Indicated silver resource contributes to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Indicated Resource category provides good confidence
- Significant contained silver in the JZ zone
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,75”
Context: 273,1
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · goldTonnes: 37800000Grade: 0.26Grade Unit: g/tContained Metal: 0.3Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:2076b709937501d5b824
- Deposit or zone
- JZ
Resource Data
- Category
- inferred
- Tonnes
- 37800000
- Grade
- 0.26
- Grade Unit
- g/t
- Contained Metal
- 0.3
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The JZ Inferred gold resource contributes to the total resource, but its lower confidence category, lowered cutoff grade, and low gold grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,26”
Context: 37,8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · copperTonnes: 37800000Grade: 0.041Grade Unit: %Contained Metal: 34Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:2076b709937501d5b824
- Deposit or zone
- JZ
Resource Data
- Category
- inferred
- Tonnes
- 37800000
- Grade
- 0.041
- Grade Unit
- %
- Contained Metal
- 34
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The JZ Inferred copper resource contributes to the total resource, but its lower confidence category and lowered cutoff grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,041”
Context: 37,8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · silverTonnes: 37800000Grade: 0.57Grade Unit: g/tContained Metal: 0.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:2076b709937501d5b824
- Deposit or zone
- JZ
Resource Data
- Category
- inferred
- Tonnes
- 37800000
- Grade
- 0.57
- Grade Unit
- g/t
- Contained Metal
- 0.7
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The JZ Inferred silver resource contributes to the total resource, but its lower confidence category and lowered cutoff grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,57”
Context: 37,8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · goldTonnes: 98200000Grade: 0.39Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:92c054b49a720c3264cc
- Deposit or zone
- X22
Resource Data
- Category
- indicated
- Tonnes
- 98200000
- Grade
- 0.39
- Grade Unit
- g/t
- Contained Metal
- 1.2
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The X22 Indicated gold resource adds to the project's overall gold endowment, but the lowered cutoff grade and low gold grade are noted.
Positive factors
- Indicated Resource category provides good confidence
- Contributes to overall resource base
Negative factors
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,39”
Context: 98,2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · copperTonnes: 98200000Grade: 0.042Grade Unit: %Contained Metal: 90.2Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:92c054b49a720c3264cc
- Deposit or zone
- X22
Resource Data
- Category
- indicated
- Tonnes
- 98200000
- Grade
- 0.042
- Grade Unit
- %
- Contained Metal
- 90.2
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The X22 Indicated copper resource adds to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Indicated Resource category provides good confidence
- Contributes to polymetallic value
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,042”
Context: 98,2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · silverTonnes: 98200000Grade: 0.85Grade Unit: g/tContained Metal: 2.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:92c054b49a720c3264cc
- Deposit or zone
- X22
Resource Data
- Category
- indicated
- Tonnes
- 98200000
- Grade
- 0.85
- Grade Unit
- g/t
- Contained Metal
- 2.7
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The X22 Indicated silver resource adds to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Indicated Resource category provides good confidence
- Contributes to polymetallic value
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,85”
Context: 98,2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · goldTonnes: 3400000Grade: 0.35Grade Unit: g/tContained Metal: 0Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:edbaf9822fbba3adb118
- Deposit or zone
- X22
Resource Data
- Category
- inferred
- Tonnes
- 3400000
- Grade
- 0.35
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.4
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The X22 Inferred gold resource contributes to the total resource, but its lower confidence category, lowered cutoff grade, and low gold grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,35”
Context: 3,4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · copperTonnes: 3400000Grade: 0.032Grade Unit: %Contained Metal: 2.4Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:edbaf9822fbba3adb118
- Deposit or zone
- X22
Resource Data
- Category
- inferred
- Tonnes
- 3400000
- Grade
- 0.032
- Grade Unit
- %
- Contained Metal
- 2.4
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.4
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The X22 Inferred copper resource contributes to the total resource, but its lower confidence category and lowered cutoff grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,032”
Context: 3,4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · silverTonnes: 3400000Grade: 0.54Grade Unit: g/tContained Metal: 0.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:edbaf9822fbba3adb118
- Deposit or zone
- X22
Resource Data
- Category
- inferred
- Tonnes
- 3400000
- Grade
- 0.54
- Grade Unit
- g/t
- Contained Metal
- 0.1
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.4
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The X22 Inferred silver resource contributes to the total resource, but its lower confidence category and lowered cutoff grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,54”
Context: 3,4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
measuredTroilus · goldTonnes: 81600000Grade: 0.35Grade Unit: g/tContained Metal: 0.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:b1288f803d0ee059e4a6
- Deposit or zone
- SW
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Grade
- 0.35
- Grade Unit
- g/t
- Contained Metal
- 0.9
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The SW Measured gold resource provides high confidence and contributes to the overall resource, but the lowered cutoff grade and low gold grade are noted.
Positive factors
- Measured Resource category provides highest confidence
- Contributes to overall resource base
Negative factors
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,35”
Context: 81,6
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
measuredTroilus · copperTonnes: 81600000Grade: 0.042Grade Unit: %Contained Metal: 76.4Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:b1288f803d0ee059e4a6
- Deposit or zone
- SW
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Grade
- 0.042
- Grade Unit
- %
- Contained Metal
- 76.4
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The SW Measured copper resource provides high confidence and contributes to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Measured Resource category provides highest confidence
- Contributes to polymetallic value
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,042”
Context: 81,6
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
measuredTroilus · silverTonnes: 81600000Grade: 0.64Grade Unit: g/tContained Metal: 1.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:b1288f803d0ee059e4a6
- Deposit or zone
- SW
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Grade
- 0.64
- Grade Unit
- g/t
- Contained Metal
- 1.7
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The SW Measured silver resource provides high confidence and contributes to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Measured Resource category provides highest confidence
- Contributes to polymetallic value
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,64”
Context: 81,6
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · goldTonnes: 34200000Grade: 0.34Grade Unit: g/tContained Metal: 0.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:03a3bb573eb5fe89e479
- Deposit or zone
- SW
Resource Data
- Category
- indicated
- Tonnes
- 34200000
- Grade
- 0.34
- Grade Unit
- g/t
- Contained Metal
- 0.4
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.41
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The SW Indicated gold resource adds to the project's overall gold endowment, but the lowered cutoff grade and low gold grade are noted.
Positive factors
- Indicated Resource category provides good confidence
- Contributes to overall resource base
Negative factors
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,34”
Context: 34,2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · copperTonnes: 34200000Grade: 0.043Grade Unit: %Contained Metal: 32.3Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:03a3bb573eb5fe89e479
- Deposit or zone
- SW
Resource Data
- Category
- indicated
- Tonnes
- 34200000
- Grade
- 0.043
- Grade Unit
- %
- Contained Metal
- 32.3
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.41
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The SW Indicated copper resource adds to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Indicated Resource category provides good confidence
- Contributes to polymetallic value
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,043”
Context: 34,2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · silverTonnes: 34200000Grade: 0.86Grade Unit: g/tContained Metal: 1Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:03a3bb573eb5fe89e479
- Deposit or zone
- SW
Resource Data
- Category
- indicated
- Tonnes
- 34200000
- Grade
- 0.86
- Grade Unit
- g/t
- Contained Metal
- 1
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.41
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The SW Indicated silver resource adds to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Indicated Resource category provides good confidence
- Contributes to polymetallic value
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,86”
Context: 34,2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · goldTonnes: 1400000Grade: 0.28Grade Unit: g/tContained Metal: 0Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:792f4ac42faa2b38c4ab
- Deposit or zone
- SW
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 0.28
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.35
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The SW Inferred gold resource contributes to the total resource, but its lower confidence category, lowered cutoff grade, and low gold grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,28”
Context: 1,4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · copperTonnes: 1400000Grade: 0.037Grade Unit: %Contained Metal: 1.1Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:792f4ac42faa2b38c4ab
- Deposit or zone
- SW
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 0.037
- Grade Unit
- %
- Contained Metal
- 1.1
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.35
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The SW Inferred copper resource contributes to the total resource, but its lower confidence category and lowered cutoff grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,037”
Context: 1,4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · silverTonnes: 1400000Grade: 0.98Grade Unit: g/tContained Metal: 0Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:792f4ac42faa2b38c4ab
- Deposit or zone
- SW
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 0.98
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.35
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The SW Inferred silver resource contributes to the total resource, but its lower confidence category and lowered cutoff grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,98”
Context: 1,4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
measuredTroilus · goldTonnes: 81600000Grade: 0.35Grade Unit: g/tContained Metal: 0.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:f35dd6fb113cc9543b61
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Grade
- 0.35
- Grade Unit
- g/t
- Contained Metal
- 0.9
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Measured gold resource provides high confidence and contributes to the overall resource, but the lowered cutoff grade and low gold grade are noted.
Positive factors
- Measured Resource category provides highest confidence
- Contributes to overall resource base
Negative factors
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,35”
Context: 81,6
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
measuredTroilus · copperTonnes: 81600000Grade: 0.042Grade Unit: %Contained Metal: 76.4Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:f35dd6fb113cc9543b61
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Grade
- 0.042
- Grade Unit
- %
- Contained Metal
- 76.4
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Measured copper resource provides high confidence and contributes to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Measured Resource category provides highest confidence
- Contributes to polymetallic value
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,042”
Context: 81,6
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
measuredTroilus · silverTonnes: 81600000Grade: 0.64Grade Unit: g/tContained Metal: 1.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:f35dd6fb113cc9543b61
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Grade
- 0.64
- Grade Unit
- g/t
- Contained Metal
- 1.7
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Measured silver resource provides high confidence and contributes to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Measured Resource category provides highest confidence
- Contributes to polymetallic value
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,64”
Context: 81,6
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · goldTonnes: 728600000Grade: 0.39Grade Unit: g/tContained Metal: 9.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:210e906e6c0fe5b7dcdc
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- indicated
- Tonnes
- 728600000
- Grade
- 0.39
- Grade Unit
- g/t
- Contained Metal
- 9.2
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.47
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Indicated gold resource contributes significantly to the project's overall gold endowment, but the lowered cutoff grade and low gold grade are noted.
Positive factors
- Indicated Resource category provides good confidence
- Significant contained gold in total indicated resources
Negative factors
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,39”
Context: 728,6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · copperTonnes: 728600000Grade: 0.049Grade Unit: %Contained Metal: 792.1Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:210e906e6c0fe5b7dcdc
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- indicated
- Tonnes
- 728600000
- Grade
- 0.049
- Grade Unit
- %
- Contained Metal
- 792.1
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.47
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Indicated copper resource adds substantial contained metal, contributing to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Indicated Resource category provides good confidence
- Significant contained copper in total indicated resources
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,049”
Context: 728,6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · silverTonnes: 728600000Grade: 0.84Grade Unit: g/tContained Metal: 19.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:210e906e6c0fe5b7dcdc
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- indicated
- Tonnes
- 728600000
- Grade
- 0.84
- Grade Unit
- g/t
- Contained Metal
- 19.6
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.47
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Indicated silver resource adds substantial contained metal, contributing to the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- Indicated Resource category provides good confidence
- Significant contained silver in total indicated resources
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,84”
Context: 728,6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · goldTonnes: 810200000Grade: 0.39Grade Unit: g/tContained Metal: 10.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:cd27cced9544ca497a4d
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- indicated
- Tonnes
- 810200000
- Grade
- 0.39
- Grade Unit
- g/t
- Contained Metal
- 10.2
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Measured + Indicated gold resource demonstrates high confidence and substantial contained metal, but the lowered cutoff grade and low gold grade are noted.
Positive factors
- High Measured + Indicated confidence (81.6%)
- Significant contained gold in M+I resources
Negative factors
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,39”
Context: 810,2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · copperTonnes: 810200000Grade: 0.049Grade Unit: %Contained Metal: 868.5Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:cd27cced9544ca497a4d
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- indicated
- Tonnes
- 810200000
- Grade
- 0.049
- Grade Unit
- %
- Contained Metal
- 868.5
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Measured + Indicated copper resource demonstrates high confidence and substantial contained metal, reinforcing the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- High Measured + Indicated confidence (81.6%)
- Significant contained copper in M+I resources
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,049”
Context: 810,2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
indicatedTroilus · silverTonnes: 810200000Grade: 0.82Grade Unit: g/tContained Metal: 21.3Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:cd27cced9544ca497a4d
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- indicated
- Tonnes
- 810200000
- Grade
- 0.82
- Grade Unit
- g/t
- Contained Metal
- 21.3
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Measured + Indicated silver resource demonstrates high confidence and substantial contained metal, further strengthening the project's polymetallic value, but the lowered cutoff grade is noted.
Positive factors
- High Measured + Indicated confidence (81.6%)
- Significant contained silver in M+I resources
Negative factors
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,82”
Context: 810,2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · goldTonnes: 182500000Grade: 0.34Grade Unit: g/tContained Metal: 2Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:c9a8b2bdb282b2d5ae68
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- inferred
- Tonnes
- 182500000
- Grade
- 0.34
- Grade Unit
- g/t
- Contained Metal
- 2
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.41
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Inferred gold resource contributes to the total resource, but its lower confidence category, lowered cutoff grade, and low gold grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
- Low gold grade for an open-pit operation
Evidence · table
“0,34”
Context: 182,5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · copperTonnes: 182500000Grade: 0.044Grade Unit: %Contained Metal: 177.8Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:c9a8b2bdb282b2d5ae68
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- inferred
- Tonnes
- 182500000
- Grade
- 0.044
- Grade Unit
- %
- Contained Metal
- 177.8
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.41
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Inferred copper resource contributes to the total resource, but its lower confidence category and lowered cutoff grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,044”
Context: 182,5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredTroilus · silverTonnes: 182500000Grade: 0.72Grade Unit: g/tContained Metal: 4.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle, géo.
- Resource group id
- resource:c9a8b2bdb282b2d5ae68
- Deposit or zone
- TOTALS – TOUTES LES ZONES
Resource Data
- Category
- inferred
- Tonnes
- 182500000
- Grade
- 0.72
- Grade Unit
- g/t
- Contained Metal
- 4.2
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- CA$/t RNF
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Cutoff Grade
- 0.3
Metal Equivalent
- Metal Eq. Grade
- 0.41
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- AGP Mining Consultants Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Inferred silver resource contributes to the total resource, but its lower confidence category and lowered cutoff grade are noted.
Positive factors
- Adds to overall resource base
Negative factors
- Inferred category has lower confidence
- Lowered resource cutoff grade compared to prior estimate
Evidence · table
“0,72”
Context: 182,5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Metallurgical Results (3)
flotation, gravityTroilus · goldRecovery: 86.7 %Head Grade: 0.44Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Test Work
- Program Status
- detailed
- Test Type
- flotation, gravity
- Processing Route
- crush, HPGR, ball mill, gravity, flotation
Recovery
- Recovery
- 86.7 %
- Recovery Basis
- actual_test
- Head Grade
- 0.44
- Head Grade Unit
- g/t
- Conc. Grade
- 79.3
- Conc. Grade Unit
- g/t
Reagents
- Reagent Notes
- cyanide-free process
Lab
- Laboratory
- BBA Inc.
- Consultant
- BBA Inc., AGP Mining Consultants Inc., WSP Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The gold recovery is moderate for the chosen processing route, contributing positively to project economics, and the cyanide-free process is a favorable environmental aspect.
Positive factors
- Moderate gold recovery for the processing route
- Cyanide-free process indicates clean ore
Evidence · text
“taux de recouvrement moyens pendant la préproduction et la période d’exploitation minière active d’environ 86,7 % pour l’or”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: processing_route matches the gravity signal
flotation, gravityTroilus · copperRecovery: 89.6 %Head Grade: 0.05Head Grade Unit: %View all detailsHide details
Identity
- Project
- Troilus
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Test Work
- Program Status
- detailed
- Test Type
- flotation, gravity
- Processing Route
- crush, HPGR, ball mill, gravity, flotation
Recovery
- Recovery
- 89.6 %
- Recovery Basis
- actual_test
- Head Grade
- 0.05
- Head Grade Unit
- %
- Conc. Grade
- 15.5
- Conc. Grade Unit
- %
Reagents
- Reagent Notes
- cyanide-free process
Lab
- Laboratory
- BBA Inc.
- Consultant
- BBA Inc., AGP Mining Consultants Inc., WSP Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The strong copper recovery is a significant positive for the project's polymetallic economics, supported by a clean processing route.
Positive factors
- Strong copper recovery for the processing route
- Cyanide-free process indicates clean ore
Evidence · text
“89,6 % pour le cuivre”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: processing_route matches the gravity signal
flotation, gravityTroilus · silverRecovery: 87.5 %Head Grade: 0.92Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Test Work
- Program Status
- detailed
- Test Type
- flotation, gravity
- Processing Route
- crush, HPGR, ball mill, gravity, flotation
Recovery
- Recovery
- 87.5 %
- Recovery Basis
- actual_test
- Head Grade
- 0.92
- Head Grade Unit
- g/t
- Conc. Grade
- 248
- Conc. Grade Unit
- g/t
Reagents
- Reagent Notes
- cyanide-free process
Lab
- Laboratory
- BBA Inc.
- Consultant
- BBA Inc., AGP Mining Consultants Inc., WSP Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The moderate silver recovery contributes positively to the project's polymetallic economics, and the cyanide-free process is a favorable environmental aspect.
Positive factors
- Moderate silver recovery for the processing route
- Cyanide-free process indicates clean ore
Evidence · text
“87,5 % pour l’argent”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: processing_route matches the gravity signal
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.