Troilus Reports Updated Technical Report Following Completion of Basic Engineering, Delivering After-Tax US$3.2 Billion NPV5%, 22% IRR, and Cashflow of US$6.9 Billion at Base Case Gold Price of US $3,600/oz
Original announcement by globenewswire on
- Company
- Troilus Mining Corp.
- Ticker
- TLG
- Exchange
- Unavailable
- Region
- Quebec, Canada
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver
- Document categories
- Resource update, Metallurgy
- Extracted
- 2026-09-12 01:38:13 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Troilus Mining Corp. has released an updated NI 43-101 Technical Report for its gold-copper Troilus Project in Quebec, Canada, confirming robust economics with an after-tax NPV5% of US$3.2 billion and an IRR of 22%. The report, based on completed Basic Engineering, outlines a 26-year mine life and a 26% increase in Proven and Probable Mineral Reserve tonnage to 478 million tonnes. The project benefits from advanced engineering, market-validated pricing, and a cyanide-free processing flowsheet, positioning it as a significant North American gold-copper development.
Reasoning: The updated NI 43-101 Technical Report for the Troilus Project confirms strong economics with a US$3.2 billion after-tax NPV5% and 22% IRR, extends mine life to 26 years, and increases Proven and Probable Mineral Reserve tonnage by 26% to 478 Mt. The report is based on completed Basic Engineering with AACE Class 3 accuracy, providing high confidence in the project's design and cost basis.
Positive factors
- Large after-tax NPV and IRR
- Extended mine life
- Increased reserve tonnage
- Improved strip ratio
- Advanced engineering and cost definition (AACE Class 3)
- QP/CP signed
- NI 43-101 compliant
- Strong leverage to metal prices
- High metallurgical recoveries
- Cyanide-free process flowsheet
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 document reports the results of an updated NI 43-101 Technical Report.
Evidence · text
“updated NI 43-101 Technical Report”
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 scientific and technical information has been reviewed and approved by Qualified Persons listed in Table 8.
Evidence · text
“The scientific and technical information in this news release relating to the Technical Report has been reviewed and approved by the applicable authors of the Technical Report listed in Table 8, including representatives of BBA Inc., WSP Canada Inc. and AGP Mining Consultants Inc., each of whom is a Qualified Person as defined under NI 43-101 independent of the Company.”
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: Reserve tonnage increased approximately 26% compared with the 2024 Feasibility Study Mineral Reserve estimate.
Evidence · text
“Reserve tonnage increased approximately 26% compared with the 2024 Feasibility Study Mineral Reserve estimate”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: The increased reserve tonnage, combined with stable grades, indicates an increase in overall contained metal.
Evidence · text
“Mine plan underpinned by a Mineral Reserve estimate of 478 million tonnes grading 0.44 g/t gold, 0.05% copper and 0.92 g/t silver, comprising 6.7 million contained ounces of gold, 568 million contained pounds of copper and 14.2 million contained ounces of silver”
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The updated estimate includes 81.6 million tonnes in the Measured category at the SW Zone.
Evidence · text
“The updated estimate includes 81.6 million tonnes in the Measured category at the SW Zone.”
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: Measured and Indicated Mineral Resources total 810.2 million tonnes.
Evidence · table
“810.2”
Context: Meas. +Ind.
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The Mineral Reserve estimate includes a Proven category of 49 Mt.
Evidence · table
“Proven”
Context: 49
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The Mineral Reserve estimate includes a Probable category of 429 Mt.
Evidence · table
“Probable”
Context: 429
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document reports an updated NI 43-101 Technical Report and Mineral Resource Estimate.
Evidence · text
“updated NI 43-101 Technical Report”
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: The report is based on completed Basic Engineering with AACE Class 3 accuracy, advancing towards Detailed Engineering and execution planning.
Evidence · text
“Basic Engineering has been completed across the full Project scope, procurement has advanced materially, and the vast majority of pricing inputs have been validated against current market quotations. This gives us significantly greater confidence in the Project design, cost basis and execution strategy as we advance through Detailed Engineering.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: An NSR cut-off of C$11.84/t was used to define reserves and C$11.33/t for resources.
Evidence · text
“An NSR cut-off of C$11.84/t was used to define reserves.”
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: Metallurgical testwork supports average recoveries of 86.7% for gold, 89.6% for copper and 87.5% for silver.
Evidence · text
“Metallurgical testwork supports average recoveries during pre-production and active mining of approximately 86.7% for gold, 89.6% for copper and 87.5% for silver”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: Processing is based on a conventional flowsheet incorporating crushing, HPGRs, ball milling, gravity concentration and flotation.
Evidence · text
“Processing is based on a conventional flowsheet incorporating crushing, HPGRs, ball milling, gravity concentration and flotation”
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: The processing flowsheet includes gravity concentration.
Evidence · text
“gravity concentration and flotation”
Free Millingpositive
Simple, clean ore amenable to standard processing without oxidation.
Why it applies: The project benefits from a cyanide-free process flowsheet and non-acid-generating waste rock.
Evidence · text
“The Project benefits from a cyanide-free process flowsheet and non-acid-generating waste rock”
Extracted facts
Stored fact records: 51. Some facts used in scoring do not have a stored record.
Resource Estimates (48)
provenTroilus · goldTonnes: 49000000Grade: 0.71Grade Unit: mozContained Metal: 0.83Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski
- Resource group id
- resource:a4f9b3fadecf61a60201
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 49000000
- Grade
- 0.71
- Grade Unit
- moz
- Contained Metal
- 0.83
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- C$/t NSR
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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Proven gold equivalent reserve contributes to the overall increased reserve base and is part of a robust, NI 43-101 compliant estimate with disclosed cut-off grades and assumptions.
Positive factors
- Proven Reserve
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“0.71”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski
- Resource group id
- resource:a4f9b3fadecf61a60201
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 49000000
- Grade
- 0.048
- Grade Unit
- %
- Contained Metal
- 52
- Contained Unit
- mlb
- Cutoff Grade
- 11.84
- Cutoff Unit
- C$/t NSR
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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Proven copper reserve contributes to the overall increased reserve base and is part of a robust, NI 43-101 compliant estimate with disclosed cut-off grades.
Positive factors
- Proven Reserve
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
provenTroilus · silverTonnes: 49000000Grade: 1.1Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski
- Resource group id
- resource:a4f9b3fadecf61a60201
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 49000000
- Grade
- 1.1
- Grade Unit
- moz
- Contained Metal
- 1.1
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- C$/t NSR
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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Proven silver reserve contributes to the overall increased reserve base and is part of a robust, NI 43-101 compliant estimate with disclosed cut-off grades.
Positive factors
- Proven Reserve
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“1.10”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableTroilus · goldTonnes: 429000000Grade: 5.98Grade Unit: mozContained Metal: 7.18Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski
- Resource group id
- resource:03201886fced2c5a96dd
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 429000000
- Grade
- 5.98
- Grade Unit
- moz
- Contained Metal
- 7.18
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- C$/t NSR
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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Probable gold equivalent reserve forms the majority of the increased reserve base and is part of a robust, NI 43-101 compliant estimate with disclosed cut-off grades and assumptions.
Positive factors
- Probable Reserve
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“5.98”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski
- Resource group id
- resource:03201886fced2c5a96dd
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 429000000
- Grade
- 0.055
- Grade Unit
- %
- Contained Metal
- 517
- Contained Unit
- mlb
- Cutoff Grade
- 11.84
- Cutoff Unit
- C$/t NSR
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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Probable copper reserve forms the majority of the increased reserve base and is part of a robust, NI 43-101 compliant estimate with disclosed cut-off grades.
Positive factors
- Probable Reserve
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableTroilus · silverTonnes: 429000000Grade: 13.12Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski
- Resource group id
- resource:03201886fced2c5a96dd
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 429000000
- Grade
- 13.12
- Grade Unit
- moz
- Contained Metal
- 13.12
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- C$/t NSR
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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Probable silver reserve forms the majority of the increased reserve base and is part of a robust, NI 43-101 compliant estimate with disclosed cut-off grades.
Positive factors
- Probable Reserve
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“13.12”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableTroilus · goldTonnes: 478000000Grade: 6.69Grade Unit: mozContained Metal: 8.01Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski
- Resource group id
- resource:e7dc1693731880eb2723
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 478000000
- Grade
- 6.69
- Grade Unit
- moz
- Contained Metal
- 8.01
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- C$/t NSR
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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Proven and Probable gold equivalent reserve shows significant tonnage and contained metal growth, reinforcing the project's economic viability and confidence in the estimate with disclosed assumptions.
Positive factors
- Probable Reserve
- Tonnage Growth
- Contained Metal Growth
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“6.69”
Context: 478
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
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 478000000 against 380000000 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableTroilus · 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski
- Resource group id
- resource:e7dc1693731880eb2723
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 478000000
- Grade
- 0.054
- Grade Unit
- %
- Contained Metal
- 568
- Contained Unit
- mlb
- Cutoff Grade
- 11.84
- Cutoff Unit
- C$/t NSR
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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Proven and Probable copper reserve shows significant tonnage and contained metal growth, reinforcing the project's economic viability and confidence in the estimate.
Positive factors
- Probable Reserve
- Tonnage Growth
- Contained Metal Growth
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“0.054”
Context: 478
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
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 478000000 against 380000000 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableTroilus · silverTonnes: 478000000Grade: 14.22Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gordon Zurowski
- Resource group id
- resource:e7dc1693731880eb2723
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 478000000
- Grade
- 14.22
- Grade Unit
- moz
- Contained Metal
- 14.22
- Contained Unit
- moz
- Cutoff Grade
- 11.84
- Cutoff Unit
- C$/t NSR
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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Proven and Probable silver reserve shows significant tonnage and contained metal growth, reinforcing the project's economic viability and confidence in the estimate.
Positive factors
- Probable Reserve
- Tonnage Growth
- Contained Metal Growth
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“14.22”
Context: 478
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
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 478000000 against 380000000 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus · goldTonnes: 323000000Grade: 4.6Grade Unit: mozContained Metal: 5.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:ff067d78f12631c774b1
- Deposit or zone
- Z87
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 323000000
- Grade
- 4.6
- Grade Unit
- moz
- Contained Metal
- 5.4
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 5.4
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated gold equivalent resource for the Z87 zone contributes significantly to the overall resource base, with transparent reporting standards, cut-off grades, and disclosed assumptions.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“4.6”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus Project · copperTonnes: 323000000Grade: 0.052Grade Unit: %Contained Metal: 372.7Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:e6aaeea1ecf8fdeff75a
- Deposit or zone
- Z87
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 323000000
- Grade
- 0.052
- Grade Unit
- %
- Contained Metal
- 372.7
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated copper resource for the Z87 zone contributes significantly to the overall resource base, with transparent reporting standards and cut-off grades.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus · silverTonnes: 323000000Grade: 9.5Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:ff067d78f12631c774b1
- Deposit or zone
- Z87
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 323000000
- Grade
- 9.5
- Grade Unit
- moz
- Contained Metal
- 9.5
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 5.4
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated silver resource for the Z87 zone contributes significantly to the overall resource base, with transparent reporting standards and cut-off grades.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“9.5”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus · goldTonnes: 140000000Grade: 1.6Grade Unit: mozContained Metal: 1.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:34dde11ea27ff2e00c4d
- Deposit or zone
- Z87
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 140000000
- Grade
- 1.6
- Grade Unit
- moz
- Contained Metal
- 1.9
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 1.9
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred gold equivalent resource for the Z87 zone provides additional potential but has lower geological confidence compared to higher categories, with disclosed assumptions.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“1.6”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus Project · copperTonnes: 140000000Grade: 0.045Grade Unit: %Contained Metal: 140.2Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:0525272ad638bb2d2ac5
- Deposit or zone
- Z87
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 140000000
- Grade
- 0.045
- Grade Unit
- %
- Contained Metal
- 140.2
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred copper resource for the Z87 zone provides additional potential but has lower geological confidence compared to higher categories.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus · silverTonnes: 140000000Grade: 3.4Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:34dde11ea27ff2e00c4d
- Deposit or zone
- Z87
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 140000000
- Grade
- 3.4
- Grade Unit
- moz
- Contained Metal
- 3.4
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 1.9
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred silver resource for the Z87 zone provides additional potential but has lower geological confidence compared to higher categories.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“3.4”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus · goldTonnes: 273100000Grade: 3Grade Unit: mozContained Metal: 3.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:b47ac14bf61db90a958e
- Deposit or zone
- JZ
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 273100000
- Grade
- 3
- Grade Unit
- moz
- Contained Metal
- 3.7
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 3.7
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated gold equivalent resource for the JZ zone contributes significantly to the overall resource base, with transparent reporting standards, cut-off grades, and disclosed assumptions.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“3.0”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus Project · copperTonnes: 273100000Grade: 0.049Grade Unit: %Contained Metal: 296.9Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:bad8316b75bba0bad7df
- Deposit or zone
- JZ
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 273100000
- Grade
- 0.049
- Grade Unit
- %
- Contained Metal
- 296.9
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated copper resource for the JZ zone contributes significantly to the overall resource base, with transparent reporting standards and cut-off grades.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus · silverTonnes: 273100000Grade: 6.6Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:b47ac14bf61db90a958e
- Deposit or zone
- JZ
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 273100000
- Grade
- 6.6
- Grade Unit
- moz
- Contained Metal
- 6.6
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 3.7
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated silver resource for the JZ zone contributes significantly to the overall resource base, with transparent reporting standards and cut-off grades.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“6.6”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus · goldTonnes: 37800000Grade: 0.3Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:83fef0357f82ae61c0b9
- Deposit or zone
- JZ
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 37800000
- Grade
- 0.3
- Grade Unit
- moz
- Contained Metal
- 0.4
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 0.4
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred gold equivalent resource for the JZ zone provides additional potential but has lower geological confidence compared to higher categories, with disclosed assumptions.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“0.3”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus Project · copperTonnes: 37800000Grade: 0.041Grade Unit: %Contained Metal: 34Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:94f5acb54aa6a5f289bb
- Deposit or zone
- JZ
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 37800000
- Grade
- 0.041
- Grade Unit
- %
- Contained Metal
- 34
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred copper resource for the JZ zone provides additional potential but has lower geological confidence compared to higher categories.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus · silverTonnes: 37800000Grade: 0.7Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:83fef0357f82ae61c0b9
- Deposit or zone
- JZ
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 37800000
- Grade
- 0.7
- Grade Unit
- moz
- Contained Metal
- 0.7
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 0.4
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred silver resource for the JZ zone provides additional potential but has lower geological confidence compared to higher categories.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“0.7”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus · goldTonnes: 98200000Grade: 1.2Grade Unit: mozContained Metal: 1.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:b5b21d61d93ad748b026
- Deposit or zone
- X22
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 98200000
- Grade
- 1.2
- Grade Unit
- moz
- Contained Metal
- 1.4
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 1.4
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated gold equivalent resource for the X22 zone contributes significantly to the overall resource base, with transparent reporting standards, cut-off grades, and disclosed assumptions.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“1.2”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus Project · copperTonnes: 98200000Grade: 0.042Grade Unit: %Contained Metal: 90.2Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:af7b8e140b9c52fd698f
- Deposit or zone
- X22
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 98200000
- Grade
- 0.042
- Grade Unit
- %
- Contained Metal
- 90.2
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated copper resource for the X22 zone contributes significantly to the overall resource base, with transparent reporting standards and cut-off grades.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus · silverTonnes: 98200000Grade: 2.7Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:b5b21d61d93ad748b026
- Deposit or zone
- X22
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 98200000
- Grade
- 2.7
- Grade Unit
- moz
- Contained Metal
- 2.7
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 1.4
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated silver resource for the X22 zone contributes significantly to the overall resource base, with transparent reporting standards and cut-off grades.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“2.7”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus · goldTonnes: 3400000Grade: 0Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:7f0d0deafbaaf435c4c8
- Deposit or zone
- X22
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 3400000
- Grade
- 0
- Grade Unit
- moz
- Contained Metal
- 0
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 0
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred gold equivalent resource for the X22 zone provides additional potential but has lower geological confidence compared to higher categories, with disclosed assumptions.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“0.0”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus Project · copperTonnes: 3400000Grade: 0.032Grade Unit: %Contained Metal: 2.4Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:bd3f944959f786f7b53d
- Deposit or zone
- X22
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 3400000
- Grade
- 0.032
- Grade Unit
- %
- Contained Metal
- 2.4
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred copper resource for the X22 zone provides additional potential but has lower geological confidence compared to higher categories.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus · silverTonnes: 3400000Grade: 0.1Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:7f0d0deafbaaf435c4c8
- Deposit or zone
- X22
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 3400000
- Grade
- 0.1
- Grade Unit
- moz
- Contained Metal
- 0.1
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 0
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred silver resource for the X22 zone provides additional potential but has lower geological confidence compared to higher categories.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“0.1”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredTroilus · goldTonnes: 81600000Grade: 0.9Grade Unit: mozContained Metal: 1.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:37bee87d74ca72c79966
- Deposit or zone
- SW
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Grade
- 0.9
- Grade Unit
- moz
- Contained Metal
- 1.1
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 1.1
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Measured gold equivalent resource for the SW zone represents a high-confidence estimate, contributing to the overall resource base with transparent reporting and disclosed assumptions.
Positive factors
- Measured Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“0.9”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredTroilus Project · copperTonnes: 81600000Grade: 0.042Grade Unit: %Contained Metal: 76.4Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:430d72449ff3cdb2d37e
- Deposit or zone
- SW
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Grade
- 0.042
- Grade Unit
- %
- Contained Metal
- 76.4
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Measured copper resource for the SW zone represents a high-confidence estimate, contributing to the overall resource base with transparent reporting.
Positive factors
- Measured Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredTroilus · silverTonnes: 81600000Grade: 1.7Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:37bee87d74ca72c79966
- Deposit or zone
- SW
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Grade
- 1.7
- Grade Unit
- moz
- Contained Metal
- 1.7
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 1.1
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Measured silver resource for the SW zone represents a high-confidence estimate, contributing to the overall resource base with transparent reporting.
Positive factors
- Measured Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“1.7”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus · goldTonnes: 34200000Grade: 0.4Grade Unit: mozContained Metal: 0.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:d33ab7bc7e5a3d0f5bbc
- Deposit or zone
- SW
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 34200000
- Grade
- 0.4
- Grade Unit
- moz
- Contained Metal
- 0.5
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 0.5
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated gold equivalent resource for the SW zone contributes to the overall resource base, with transparent reporting standards, cut-off grades, and disclosed assumptions.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“0.4”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus Project · copperTonnes: 34200000Grade: 0.043Grade Unit: %Contained Metal: 32.3Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:b0097a5e2deaf634469f
- Deposit or zone
- SW
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 34200000
- Grade
- 0.043
- Grade Unit
- %
- Contained Metal
- 32.3
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated copper resource for the SW zone contributes to the overall resource base, with transparent reporting standards and cut-off grades.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus · silverTonnes: 34200000Grade: 1Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:d33ab7bc7e5a3d0f5bbc
- Deposit or zone
- SW
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 34200000
- Grade
- 1
- Grade Unit
- moz
- Contained Metal
- 1
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 0.5
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Indicated silver resource for the SW zone contributes to the overall resource base, with transparent reporting standards and cut-off grades.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“1.0”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus · goldTonnes: 1400000Grade: 0Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:94fde0cdbd5ea3b3dc3e
- Deposit or zone
- SW
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 0
- Grade Unit
- moz
- Contained Metal
- 0
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 0
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred gold equivalent resource for the SW zone provides additional potential but has lower geological confidence compared to higher categories, with disclosed assumptions.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“0.0”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus Project · copperTonnes: 1400000Grade: 0.037Grade Unit: %Contained Metal: 1.1Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:c62aec1406f6547e70ca
- Deposit or zone
- SW
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 0.037
- Grade Unit
- %
- Contained Metal
- 1.1
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred copper resource for the SW zone provides additional potential but has lower geological confidence compared to higher categories.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus · silverTonnes: 1400000Grade: 0Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:94fde0cdbd5ea3b3dc3e
- Deposit or zone
- SW
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 0
- Grade Unit
- moz
- Contained Metal
- 0
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 0
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: This Inferred silver resource for the SW zone provides additional potential but has lower geological confidence compared to higher categories.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“0.0”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredTroilus Project · goldTonnes: 81600000Contained Metal: 1.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:3b2eb0b5681f3c0a553b
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Contained Metal
- 1.1
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Measured gold equivalent resource for all zones represents a high-confidence estimate, contributing to the overall resource base with transparent reporting and disclosed assumptions.
Positive factors
- Measured Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“0.42”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredTroilus Project · copperTonnes: 81600000Grade: 0.042Grade Unit: %Contained Metal: 76.4Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:3b2eb0b5681f3c0a553b
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 81600000
- Grade
- 0.042
- Grade Unit
- %
- Contained Metal
- 76.4
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Measured copper resource for all zones represents a high-confidence estimate, contributing to the overall resource base with transparent reporting.
Positive factors
- Measured Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredTroilus Project · silverTonnes: 81600000Grade: 0.64Grade Unit: g/tContained Metal: 1.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:3b2eb0b5681f3c0a553b
- Mining method
- open_pit
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
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Measured silver resource for all zones represents a high-confidence estimate, contributing to the overall resource base with transparent reporting.
Positive factors
- Measured Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus · goldTonnes: 728600000Grade: 9.2Grade Unit: mozContained Metal: 11Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:e6499c6f24f12cbd8628
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 728600000
- Grade
- 9.2
- Grade Unit
- moz
- Contained Metal
- 11
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 11
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Indicated gold equivalent resource for all zones contributes significantly to the overall resource base, with transparent reporting standards, cut-off grades, and disclosed assumptions.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“9.2”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus Project · copperTonnes: 728600000Grade: 0.049Grade Unit: %Contained Metal: 792.1Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:77f3c774547da097072d
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 728600000
- Grade
- 0.049
- Grade Unit
- %
- Contained Metal
- 792.1
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Indicated copper resource for all zones contributes significantly to the overall resource base, with transparent reporting standards and cut-off grades.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus · silverTonnes: 728600000Grade: 19.6Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:e6499c6f24f12cbd8628
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 728600000
- Grade
- 19.6
- Grade Unit
- moz
- Contained Metal
- 19.6
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 11
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Indicated silver resource for all zones contributes significantly to the overall resource base, with transparent reporting standards and cut-off grades.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“19.6”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus Project · goldTonnes: 810200000Contained Metal: 12.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:41a514a4d46c165817b5
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 810200000
- Contained Metal
- 12.1
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The combined Measured and Indicated gold equivalent resource for all zones represents a substantial and high-confidence resource base, with transparent reporting and disclosed assumptions.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“0.46”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus Project · copperTonnes: 810200000Grade: 0.049Grade Unit: %Contained Metal: 868.5Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:41a514a4d46c165817b5
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 810200000
- Grade
- 0.049
- Grade Unit
- %
- Contained Metal
- 868.5
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The combined Measured and Indicated copper resource for all zones represents a substantial and high-confidence resource base, with transparent reporting.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedTroilus Project · silverTonnes: 810200000Grade: 0.82Grade Unit: g/tContained Metal: 21.3Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:41a514a4d46c165817b5
- Mining method
- open_pit
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
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The combined Measured and Indicated silver resource for all zones represents a substantial and high-confidence resource base, with transparent reporting.
Positive factors
- Indicated Resource
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus · goldTonnes: 182500000Grade: 2Grade Unit: mozContained Metal: 2.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Troilus
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:09ec4e8e216cf50cb1c6
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 182500000
- Grade
- 2
- Grade Unit
- moz
- Contained Metal
- 2.4
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 2.4
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Inferred gold equivalent resource for all zones provides additional potential but has lower geological confidence compared to higher categories, with disclosed assumptions.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“2.0”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus Project · copperTonnes: 182500000Grade: 0.044Grade Unit: %Contained Metal: 177.8Contained Unit: mlbView all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:de256f4e6ad9af3849a6
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 182500000
- Grade
- 0.044
- Grade Unit
- %
- Contained Metal
- 177.8
- Contained Unit
- mlb
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Inferred copper resource for all zones provides additional potential but has lower geological confidence compared to higher categories.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredTroilus · silverTonnes: 182500000Grade: 4.2Grade Unit: mozContained 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
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Daigle
- Resource group id
- resource:09ec4e8e216cf50cb1c6
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 182500000
- Grade
- 4.2
- Grade Unit
- moz
- Contained Metal
- 4.2
- Contained Unit
- moz
- Cutoff Grade
- 11.33
- Cutoff Unit
- C$/t NSR
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Metal Eq. Grade
- 2.4
- Metal Eq. Unit
- moz AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-09T00:00:00.000Z
Reasoning: The total Inferred silver resource for all zones provides additional potential but has lower geological confidence compared to higher categories.
Positive factors
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“4.2”
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Metallurgical Results (3)
flotationTroilus Project · goldRecovery: 86.7 %View all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- crushing, HPGRs, ball milling, gravity concentration and flotation
Recovery
- Recovery
- 86.7 %
- Recovery Basis
- actual_test
Reagents
- Reagent Notes
- cyanide-free process flowsheet
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 average gold recovery of 86.7% is strong for the conventional processing route, indicating good metallurgical performance and a cyanide-free flowsheet is a positive.
Positive factors
- High Recovery
- Mill Route
- Gravity Route
- Free Milling
Evidence · text
“Metallurgical testwork supports average recoveries during pre-production and active mining of approximately 86.7% for gold”
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
flotationTroilus Project · copperRecovery: 89.6 %View all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- crushing, HPGRs, ball milling, gravity concentration and flotation
Recovery
- Recovery
- 89.6 %
- Recovery Basis
- actual_test
Reagents
- Reagent Notes
- cyanide-free process flowsheet
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 average copper recovery of 89.6% is strong for the conventional processing route, indicating good metallurgical performance and a cyanide-free flowsheet is a positive.
Positive factors
- High Recovery
- Mill Route
- Gravity Route
- Free Milling
Evidence · text
“89.6% for copper”
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
flotationTroilus Project · silverRecovery: 87.5 %View all detailsHide details
Identity
- Project
- Troilus Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- TLG
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- crushing, HPGRs, ball milling, gravity concentration and flotation
Recovery
- Recovery
- 87.5 %
- Recovery Basis
- actual_test
Reagents
- Reagent Notes
- cyanide-free process flowsheet
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 average silver recovery of 87.5% is strong for the conventional processing route, indicating good metallurgical performance and a cyanide-free flowsheet is a positive.
Positive factors
- High Recovery
- Mill Route
- Gravity Route
- Free Milling
Evidence · text
“87.5% for silver”
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.