Troilus Drills 18.55 G/T AuEq over 2M Within Broader Zone of 1.54 G/T AuEq over 30M; Defines a New J Zone Extension ON Western Limb While Extending Known Mineralization Further at Depth
TROILUS DRILLS 18.55 G/T AUEQ OVER 2M WITHIN BROADER ZONE OF 1.54 G/T AUEQ OVER
30M; DEFINES A NEW J ZONE EXTENSION ON WESTERN LIMB WHILE EXTENDING KNOWN
MINERALIZATION FURTHER AT DEPTH
September 10, 2019, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or
the “Company”) reports positive drill results from the J Zone (11 455 metres) as part of the 2019
drilling program at its Troilus Gold Project, located within the Frotêt-Evans Greenstone Belt in Quebec,
Canada.
New intercept highlights from the J4 Zone, include:
▪ 18.55 g/t gold equivalent (AuEq) over 2 metres within a broader intersection of 1.54 g/t
AuEq over 30 metres; as well as 5.24 g/t AuEq over 2 metres and 2.34 g/t AuEq over 4
metres within 1.13 g/t AuEq over 50 metres in hole TLG-ZJ419-111
▪ 13.35 g/t AuEq over 4 metres and 3.80 g/t AuEq over 4 metres within 3.15 g/t AuEq over 28
metres, and 6.45 g/t AuEq over 4 metres within 1.24 g/t AuEq over 34 metres in hole TLG-
ZJ419-153
▪ 8.95 g/t AuEq over 4 metres within 2.37 g/t AuEq over 18 metres, 4.12 g/t AuEq over 2
metres within 0.99 g/t AuEq over 30 metres, and 2.89 g/t AuEq over 2 metres within 1.00
g/t AuEq over 10 metres in hole TLG-ZJ419-155
▪ 6.29 g/t AuEq over 2 metres within 1.85 g/t AuEq over 12 metres and 2.04 g/t AuEq over 4
metres within 0.96 g/t AuEq over 18 metres in hole TLG-ZJ419-149
▪ 5.33 g/t AuEq over 2 metres within 0.98 g/t AuEq over 32 metres and 1.01 g/t AuEq over 30
metres in hole TLG-ZJ419-112
▪ 4.14 g/t AuEq over 2 metres and 1.17 g/t AuEq over 24 metres in hole TLG-ZJ419-168
▪ 3.69 g/t AuEq over 2 metres within 1.49 g/t AuEq over 14 metres in hole TLG-ZJ419-169
▪ 3.38 g/t AuEq over 2 metres within 1.02 g/t AuEq over 20 metres in hole TLG-ZJ419-166
▪ 2.91 g/t AuEq over 2 metres within 1.08 g/t AuEq over 22 metres in hole TLG-ZJ419-167
Justin Reid, CEO of Troilus, commented, “Not only are the latest results from the J Zone consistent with
our earlier 2019 drill program resulting in significant improvement in grade and widths of mineralization
across the deposit; they also expand our understanding of the mineralized system and have presented
new possibilities for future exploration and development. With drilling complete, our team is busy
compiling the data to incorporate into our mineral resource update which we plan to release later this
year. This further increases our confidence in an expansion of the estimated Mineral Resource released
in November 2018, demonstrating the clear success of this year’s drill program”
Mineral Boundaries Significantly Extended to the West and to the South West
These new results have significantly extended the boundaries of known mineralization at depth from the
north east to the south west in the J4 Zone, well beyond the formerly mined J4 pit. Highlights include
holes TLG-ZJ419-112, TLG-ZJ419-166, located in the south west extremity of the former J4 pit and TLG-
ZJ419-172, located in the center of the J4 pit. Both sections extended mineralization down dip
approximately 300 metres and vertically approximately 250 metres beyond what was previously defined
(See Figures 3 and 4), which outlined extensions of mineralization 450 metres below the surface.
Furthermore, the shallower intercepts from most holes presented in Table 1 are believed to be mineral
extensions from the neighbouring J5 mineral zone. This is further evidence that as suggested in an
earlier press release (August 8, 2019), the J4 and J5 zones may prove to be one and the same (See Figure
1). All mineral intersections along holes presented in this press release remain open and undrilled
further at depth.
J Zone Geology Overview
The J Zone hosts two mineral zones: J4 and J5. J4 is the smaller of the two formerly mined open pits
along with the main Z87 zone (See Figures 1 and 2). The ore bodies in the J4 zone are hosted in the
northern continuity of the Troilus Diorite and, similarly to what is observed in the main zones Z87 and
Z87 South, are elongated parallel to a penetrative NE-trending foliation, moderately to steeply dipping
to the north west. From top to bottom, the sequence comprises (i) a volcaniclastic unit, occurring along
the hanging wall of the mineralization, and composed of well laminated intermediate to felsic rocks,
locally mineralized, with semi-massive sulfide occurrences; and (ii) a thick metadioritic unit, comprising
fine to coarse grained diorites, locally brecciated, commonly crosscut by decimetric to metric felsic
dikes, which mostly occur concentrated in the upper parts of the sequence, in the immediate hanging
wall of the mineralized intervals. Towards the bottom of the sequence, in the footwall, typical diorite
breccias are present, displaying an intense silicification and being locally importantly mineralized. The
main mineralized intervals in the J4 zone are characterized by sulfide stringers and fine sulfide
disseminations along the foliation occurring within a very fine grained biotite-rich and silicified diorite.
Pyrite is the main sulfide, and it is intrinsically associated with gold mineralization.
J5 New South Extension
The new results from J Zone demonstrat e a near surface continuity extending the mineralization up to
1.2 km to the south west beyond the limit of the former J5 Pit. Sections of holes TLG-ZJ419-172 and
TLG-ZJ419-107 (Figure 4) extend the continuity of the zone 500 metres on strike from the pit. Moreover
hole TLG-ZJ419-164 (see Table 1) defines a larger intercept 850 metres from the former open pit. The
discovery of this mineralized extension is a result of the Company’s new understanding of the structural
influence on mineralization across the deposit and the regional trend. Most of the sequence is
composed of well laminated mafic volcanic unit, locally mineralized with semi-massive sulfide
occurrences, with several similarities to the footwall sequence of 87 South zones.
The 2019 drill program in the J Zone was primarily designed to expand near-surface mineralization to
support an open-pit mine development scenario, while improving the geological understanding of the
main mineral trend and identifying future growth opportunities. Overall results in this zone to date have
been successful in achieving all these objectives, and the Company has already begun to outline future
drill targets to further improve resolution and continue defining the mineral boundaries along the
Troilus trend.
Troilus has completed its initial drill program that was set out for 2019.
Figure 1: Plan View of J Zone Geology and Mineral Interpretation with Drill Collar and Traces
Figure 2: Plan view of Main Mineralized Zones and Drill Hole Collars and Traces
Figure 3: Section 14400 Facing North
Figure 4: Section 14700 Facing North
Table 1: Summary of New J4 Zone Drill Results
Hole From (m) To (m) Interval
(m)*
Au Grade
(g/t)
Cu Grade
(%)
AuEq Grade
(g/t)
TLG-ZJ419-111
33 47 14 0.45 0.16 0.69
incl. 39 47 8 0.67 0.23 1.02
71 83 12 0.17 0.07 0.27
103 111 8 0.23 0.19 0.53
271 311 40 0.38 0.11 0.54
incl. 297 305 8 0.78 0.17 1.04
327 357 30 1.48 0.04 1.54
incl. 343 345 2 18.30 0.16 18.55
367 417 50 1.06 0.05 1.13
incl. 379 383 4 2.25 0.06 2.34
and 389 391 2 5.16 0.05 5.24
427 435 8 0.48 0.07 0.58
447 461 14 0.22 0.03 0.26
TLG-ZJ419-112
274 300 26 0.22 0.09 0.35
312 412 100 0.73 0.05 0.81
incl. 330 362 32 0.88 0.06 0.98
incl. 360 362 2 4.93 0.26 5.33
and 378 408 30 0.91 0.07 1.01
416 434 18 0.54 0.05 0.62
TLG-ZJ419-113
310 366 56 0.766 0.049 0.84
incl. 316 340 24 1.128 0.060 1.22
incl. 320 322 2 2.580 0.098 2.73
386 412 26 0.282 0.032 0.33
TLG-ZJ419-148
74 120 46 0.25 0.12 0.44
200 212 12 0.49 0.07 0.60
incl. 208 212 4 0.96 0.13 1.16
220 280 60 0.28 0.10 0.42
incl. 228 230 2 1.27 0.67 2.30
480 488 8 0.66 0.02 0.70
incl. 480 482 2 2.04 0.01 2.06
TLG-ZJ419-149
84 122 38 0.381 0.115 0.56
incl. 108 112 4 0.700 0.234 1.06
236 246 10 0.248 0.150 0.48
256 264 8 0.260 0.103 0.42
362 384 22 0.409 0.048 0.48
404 408 4 1.115 0.072 1.23
420 426 6 0.310 0.106 0.47
436 454 18 0.687 0.179 0.96
incl. 444 448 4 1.430 0.396 2.04
464 476 12 1.628 0.143 1.85
incl. 470 472 2 5.960 0.212 6.29
494 508 14 0.673 0.028 0.72
incl. 500 502 2 2.600 0.053 2.68
526 542 16 0.505 0.101 0.66
incl. 526 530 4 0.890 0.061 0.98
598 614 16 0.348 0.164 0.60
incl. 598 604 6 0.637 0.269 1.05
TLG-ZJ419-150
199 211 12 0.21 0.09 0.34
233 291 58 0.40 0.11 0.57
incl. 245 265 20 0.70 0.18 0.97
incl. 263 265 2 2.65 0.09 2.79
313 319 6 0.47 0.09 0.61
329 399 70 0.35 0.09 0.50
incl. 369 377 8 0.55 0.27 0.98
419 445 26 0.65 0.04 0.71
incl. 429 437 8 0.95 0.05 1.02
465 473 8 0.51 0.08 0.64
491 525 34 0.48 0.06 0.58
incl. 497 507 10 0.86 0.08 0.98
incl. 499 501 2 2.25 0.20 2.56
TLG-ZJ419-151
318 388 70 0.52 0.05 0.60
incl. 322 336 14 0.92 0.05 1.00
incl. 322 324 2 2.01 0.06 2.10
396 420 24 0.48 0.08 0.60
incl. 410 416 6 0.76 0.13 0.96
430 438 8 0.52 0.05 0.59
458 468 10 0.21 0.07 0.32
TLG-ZJ419-152
27 37 10 0.85 0.03 0.90
incl. 29 37 8 0.95 0.03 1.00
incl. 29 31 2 2.13 0.07 2.23
49 55 6 0.22 0.09 0.36
95 107 12 0.24 0.20 0.56
incl. 95 99 4 0.37 0.46 1.08
115 121 6 0.23 0.12 0.41
241 289 48 0.48 0.03 0.53
incl. 245 257 12 0.98 0.02 1.00
incl. 249 251 2 2.61 0.01 2.63
303 311 8 0.42 0.05 0.50
361 371 10 0.30 0.05 0.38
379 427 48 0.38 0.07 0.49
incl. 397 403 6 0.79 0.15 1.02