Troilus Gold Corporation is a Canadian copper and gold development company focused on the advancement of the Troilus Gold Mine located northeast of the Val-d’Or district in Northern Quebec. The Troilus project has access to infrastructure which includes a network of maintained roads, a substation and tension power lines maintained by Hydro-Quebec. The project also has a permitted tailings facility as well as an operating water treatment plant. 

The junior gold environment currently faces a lack of liquidity due to the retail investment community investing less. Reid believes that the disconnect between a company readily receiving institutional investment and the lack of retail investors may be accredited to a decrease in disposable income, leading to retail investors being hesitant to invest in junior companies. Reid believes that there will be a shortage of gold stockpiles in the future, creating an opportunity for junior developers. He believes that a retail investor should look for companies that have assets in safe jurisdictions, which show size and scalability and are also well capitalised for the advancement of their projects.

Troilus Gold Corporation recently announced assay results from the Southwest and Gap Zones at the Troilus project. The highlights of the assay results include high-grade gold mineralisation at the Southwest Zone of 92 g/t and 68 g/t gold over 1 m and 3.07 g/t AuEq over 15 m. The Gap Zone drilling results show mineralisation of 4.2 g/t AuEq Over 7 m, which includes a 1 m intercept of 22.81 g/t AuEq. 

The company is preparing to initiate an 11,000 m drilling program at the Gap Zone which will be aimed at identifying and better understanding the zone’s mineralisation.