Corporate Member

Troilus Mining Corp. is advancing one of North America’s largest undeveloped gold-copper projects in Québec, Canada, on the site of the former Troilus mine. The September 2026 Technical Report outlines a 50,000 tpd open-pit operation with an approximately 26-year mine life, an after-tax NPV(5%) of US$3.2 billion, 22% IRR and 3.6-year payback at US$3,600/oz gold. At US$5,000/oz gold, after-tax NPV(5%) increases to approximately US$5.5 billion, with a 31% IRR and 2.6-year payback.

The Project benefits from extensive brownfield infrastructure, a 70 MW hydroelectric power allocation, offtake arrangements with leading European smelters, and a large 435 km² land package with significant exploration upside. Basic Engineering is complete, supported by approximately 95,000 engineering hours, ~90% market-validated pricing and an AACE Class 3 estimate across the full Project scope.

With Detailed Engineering, permitting, procurement and project financing advancing in parallel with leading international lenders, Troilus is moving toward near-term construction and future production from a highly strategic Canadian gold-copper asset.