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TLG.TO ·

Troilus Advises of COVID-19 Case

Mine Development & Operations

TROILUS ADVISES OF COVID-19 CASE

TORONTO, March 19, 2020 -- Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) confirms that an

attendee at its PDAC breakfast reception on Tuesday March  3, 2020 has tested positive for COVID-19 and is now receiving

medical attention.

The Troilus offices are currently closed as staff are all maintaining self-quarantine and working from home until further notice.  

Health and safety is our number one priority. Troilus is following medical protocols from local, global and national health

authorities and has implemented staff guidelines in relation to social interactions, hygiene and travel.

About Troilus Gold Corp.

Troilus is a Toronto-based, Quebec focused, advanced stage exploration and early-development company focused on the

mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The 16,000-hectare Troilus property

is located northeast of Chibougamau, within the Frotêt-Evans Greenstone Belt in Quebec, Canada. From 1996 to 2010, Inmet

Mining Corporation operated the Troilus project as an open pit mine, producing more than 2,000,000 ounces of gold and nearly

70,000 tonnes of copper. 

For more information:

Justin Reid

Chief Executive Officer

[email protected] 

Cautionary Note Regarding Forward-Looking Statements and Information

This press release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation.

Forward-looking statements include, but are not limited to, statements regarding the impact of the  novel coronavirus (COVID-

19) and the  considerable uncertainties about the geographic, social and economic impact on the Company of its global

spread   Generally, forward-looking statements can be identified by the use of forward-looking terminology such as “plans”,

“expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “continue”,

“anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions,

events or results “may”, “could”, “would”, “will”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements

are made based upon certain assumptions and other important facts that, if untrue, could cause the actual results,

performances or achievements of Troilus to be materially different from future results, performances or achievements

expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding

present and future business strategies and the environment in which Troilus will operate in the future. Certain important factors

that could cause actual results, performances or achievements to differ materially from those in the forward-looking

statements include, amongst others, currency fluctuations, the global economic climate, dilution, share price volatility and

competition. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors

that may cause the actual results, level of activity, performance or achievements of Troilus to be materially different from

those expressed or implied by such forward-looking statements, including but not limited to: there being no assurance that the

exploration program will result in expanded mineral resources; risks and uncertainties inherent to mineral resource estimates;

receipt of necessary approvals; general business, economic, competitive, political and social uncertainties; future prices of

mineral prices; accidents, labour disputes and shortages; environmental and other risks of the mining industry, including

without limitation, risks and uncertainties discussed in the Technical Report to be filed and in other continuous disclosure

documents of the Company available under the Company’s profile at www.sedar.com. Although Troilus has attempted to

identify important factors that could cause actual results to differ materially from those contained in forward-looking

statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no

assurance that such statements will prove to be accurate, as actual results and future events could differ materially from

those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Troilus does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.