Troilus Drills 5.06 G/T AuEq over 6 Metres Within 1.10 G/T AuEq over 48 Metres IN New “Z87 South” Extension
TROILUS DRILLS 5.06 G/T AUEQ OVER 6 METRES WITHIN 1.10 G/T AUEQ OVER 48 METRES
IN NEW “Z87 SOUTH” EXTENSION
August 19, 2019, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the
“Company”) reports the discovery of a new area of gold mineralization extending over 300 metres
south west of the main Zone 87 (“Z87”), within the “Zone 87 South” (“Z87 South”) trend at its Troilus
Gold Project, located within the Frotêt-Evans Greenstone Belt in Quebec, Canada.
The Z87 South exploration target is located directly south west of Zone 87 and the former main Z87
open pit. These drill results have outlined extensions of mineralization to the south and down-dip of the
previously known mineral envelope in Zone 87.
Notable intercepts that have extended mineralization into Z87 South, include:
▪ 5.06 g/t gold equivalent (AuEq) over 6 metres within a broader intersection of 1.10 g/t
AuEq over 48 metres in hole TLG-Z87S19-133
▪ 3.85 g/t AuEq over 2 metres within a broader intersection of 0.96 g/t AuEq over 16 metres,
in hole TLG-Z87S19-139
▪ 2.53 g/t AuEq over 2 metres within a broader intersection of 1.14 g/t AuEq over 6 metres;
2.37 g/t AuEq over 2 metres within 1.04 g/t AuEq over 10 metres, and 2.26 g/t AuEq over 2
metres within 1.29 g/t AuEq over 4 metres in hole TLG-Z87S19-138
▪ 2.40 g/t AuEq over 2 metres within a broader intersection of 1.11 g/t AuEq over 8 metres in
hole TLG-Z87S19-134
▪ 2.22 g/t AuEq over 2 metres within 1.03 g/t AuEq over 8 metres, and 1.40 g/t AuEq over 6
metres in hole TLG-Z87S19-136
▪ 2.21 g/t AuEq over 2 metres within 0.99 g/t AuEq over 8 metres and 2.09 g/t AuEq over 2
metres within 1.31 g/t AuEq over 4 metres in hole TLG-Z87S19-142
Justin Reid, CEO of Troilus, commented, “We are very pleased to see our improved geological
understanding of the project’s mineral trend being validated by drill results and discoveries. The new
area of gold mineralization extending into Z87 South shows continuity from Z87 and remains open to
the south west. Z87 South has now become a major focus for our program and we look forward to
providing additional results in due course.”
Zone 87 South is located directly adjacent to the main former open pit mine, Zone 87 (“Z87”) (see Figure
1). The 2019 drill program in Z87 South was designed to follow-up on the positive few holes drilled in
this zone last year, while increasing drill resolution and improving our evolving geological
understanding of the main mineral trend on the property.
Management believes the new results from Z87 South clearly demonstrate a mineral continuity that
extends south beyond the limit of Z87. 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. Based on measurements taken on outcrops and in the mined open pit walls, the
Company directed drilling further to the west with the intention of targeting a mineralized zone that it
suspected historic drilling may have missed.
The mineralization at Z87 South is visually comparable to what is seen in the main zone of Z87, however
the geology can be characterised as more felsic (silicic) alteration and is distinctly transitioning into a
unit of massive sulphides (primarily pyrite with chalcopyrite) in the footwall, which has never previously
been documented (See Figure 4). Z87 South has a recognizable base metal signature that is unique to
this area. The company believes Z87 South shows the same pinch and swell nature (see quartz vein
example in Figure 3) recognized in the main ore zones of Z87 and J Zones. Further drilling will add
resolution to this area and could potentially define a new broad gold zone.
Figure 1: Plan view of Main Mineralized Zones and Drill Hole Collars and Traces in Z87 South
Figure 2: Section 12800 Facing North
Figure 3: Example of the pinch and swell nature of quartz veining at Troilus in the Z87 pit wall
Figure 4: Sulphide-rich Zone, Z87 South
Table 1: Summary of Drill Hole Intercepts
Hole From (m) To (m) Interval
(m)*
Au Grade
(g/t)
Cu Grade
(%)
AuEq Grade
(g/t)
TLG-Z87S19-115
124 170 46 0.58 0.04 0.63
incl. 124 134 10 0.99 0.04 1.05
and 158 166 8 1.02 0.06 1.10
186 210 24 0.39 0.05 0.47
216 232 16 0.45 0.12 0.64
322 332 10 0.38 0.02 0.41
TLG-Z87S19-133
100 116 16 0.32 0.04 0.38
214 282 68 0.86 0.03 0.90
incl. 234 282 48 1.06 0.02 1.10
incl. 270 276 6 5.02 0.02 5.06
304 308 4 0.33 0.06 0.41
316 326 10 0.24 0.09 0.38
404 412 8 0.48 0.04 0.54
TLG-Z87S19-134
106 112 6 0.79 0.03 0.84
130 140 10 0.66 0.02 0.70
196 204 8 0.32 0.05 0.40
214 220 6 0.82 0.04 0.88
232 238 6 0.66 0.05 0.75
304 320 16 0.72 0.04 0.78
incl. 310 318 8 1.05 0.04 1.11
incl. 310 312 2 2.31 0.06 2.40
328 332 4 0.58 0.04 0.63
394 402 8 0.73 0.08 0.85
486 494 8 0.88 0.04 0.94
TLG-Z87S19-135
91 95 4 0.78 0.22 1.11
115 129 14 0.47 0.02 0.50
147 153 6 0.30 0.06 0.39
199 207 8 0.49 0.05 0.57
241 253 12 0.41 0.03 0.45
291 309 18 0.20 0.07 0.30
393 399 6 0.54 0.08 0.66
TLG-Z87S19-136
177 183 6 1.35 0.03 1.40
207 211 4 0.79 0.04 0.85
223 243 20 0.43 0.11 0.60
incl. 235 243 8 0.69 0.22 1.03
incl. 239 241 2 1.80 0.27 2.22
277 285 8 0.35 0.11 0.53
321 327 6 0.64 0.02 0.67
TLG-Z87S19-137
40 50 10 0.27 0.02 0.29
92 96 4 0.37 0.03 0.41
142 148 6 0.50 0.01 0.51
170 194 24 0.40 0.03 0.44
incl. 188 194 6 0.88 0.04 0.95
260 270 10 0.45 0.07 0.55
318 324 6 0.47 0.05 0.55
TLG-Z87S19-138
81 85 4 0.55 0.03 0.59
117 121 4 0.72 0.11 0.88
153 165 12 0.70 0.02 0.74
incl. 161 165 4 1.24 0.03 1.29
incl. 163 165 2 2.24 0.02 2.26
195 211 16 0.76 0.04 0.82
incl. 199 209 10 0.96 0.05 1.04
incl. 205 207 2 2.31 0.04 2.37
231 249 18 0.59 0.01 0.60
incl. 243 249 6 1.11 0.02 1.14
incl. 243 245 2 2.48 0.03 2.53
267 293 26 0.25 0.05 0.33
TLG-Z87S19-139
57 61 4 0.40 0.02 0.43
119 123 4 0.60 0.01 0.61
135 141 6 0.36 0.02 0.40
169 181 12 0.56 0.05 0.64
205 215 10 0.70 0.02 0.74
233 255 22 0.74 0.02 0.76
incl. 239 255 16 0.93 0.02 0.96
incl. 249 251 2 3.77 0.05 3.85
TLG-Z87S19-140
144 150 6 0.50 0.02 0.53
232 252 20 0.40 0.05 0.49
incl. 246 252 6 0.78 0.12 0.97
298 322 24 0.27 0.02 0.31
346 356 10 0.31 0.01 0.33
TLG-Z87S19-141
19 25 6 0.38 0.04 0.44
37 43 6 0.30 0.07 0.41
71 93 22 0.30 0.04 0.36
151 155 4 0.81 0.03 0.86
TLG-Z87S19-142
14 22 8 0.68 0.20 0.99
incl. 14 16 2 1.28 0.60 2.21
40 50 10 0.66 0.03 0.71
incl. 40 44 4 1.23 0.06 1.31
incl. 42 44 2 1.94 0.09 2.09
60 74 14 0.46 0.03 0.51
100 110 10 0.46 0.09 0.61
116 124 8 0.41 0.09 0.55
216 222 6 0.33 0.04 0.40
*Note drill intervals reported in this news release are down-hole core lengths as true thicknesses cannot
be determined with available information
Quality Control
During the 87S Zone drill program, two metres assay samples are taken from NQ core and sawed in half.
One-half is sent for assaying at ALS Laboratory, a certified commercial laboratory, and the other half is
retained for results, cross checks, and future reference. A strict QA/QC program is applied to all samples;
which include insertion of one certified mineralized standard and one blank sample in each batch of 25
samples. The gold analyses were by metallic sieve. A fine crushing 70% <2mm is performed. The sample
is divided so that 1.2 to 1.5 kg is used for analysis. The sample of 1.2 to 1.5 Kg is then 95% pulverized
<106 mesh. 50 g is recovered for ME-ICP61 analysis of 33 elements four acid ICP-AES. The remainder of
the sample is sent to the screen to divide the fraction larger and smaller than 106 mesh. The portion
smaller than 106 mesh is analyzed in 50 g by Fire Assay. The portion larger than 106 mesh is fully
analyzed. The values are then combined by weighted calculation. For both type results are transmitted
to Troilus Gold by a certificate certified by the laboratory.
Qualified Person
The technical and scientific information in this press release has been reviewed and approved by
Bertrand Brassard, M.Sc., P.Geo., Senior Project Geologist, who is a Qualified Person as defined by
National Instrument 43-101. Mr. Brassard is an employee of Troilus and is not independent of the
Company under National Instrument 43-101.
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 the Val-d’Or district, 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:
Spyros Karellas
Director, Global Communications
+1 (416) 433-5696