TSX-listed Troilus Mining Corporation (TMC) has secured approval from Québec authorities, Hydro-Québec and its Ministry of Economy, Science and Innovation, for its planned 70 MW power allocation to support the development and operation of the copper/gold Troilus project.

Troilus is currently the largest copper project in the permitting stage in Québec and one of the largest undeveloped gold projects in Canada.

The energy allocation represents a major project derisking milestone and reinforces Troilus’ strategic importance as one of Québec’s next large-scale critical minerals projects.

TMC submitted the formal power request in early 2025, which was followed by continuous constructive engagement with Hydro-Québec and key government stakeholders.

“With permitting, detailed engineering, and project financing advancing in parallel, the allocation ensures that sufficient power will be available to support development as planned.

“Access to Québec’s low-carbon hydroelectric grid is expected to be a key contributor to the project’s long-term emissions reduction objectives and provides Troilus with access to reliable, competitively priced renewable energy,” TMC states.

The company confirms that power infrastructure, including 107 km of 161 kV high-tension powerlines are already in place and connected to a substation at the Troilus site.

TMC CEO Justin Reid comments this confirmation from Hydro-Québec and the Ministry marks a crucial milestone for Troilus that meaningfully advances the project’s overall development readiness.

“Access to reliable hydroelectric power is a critical component of responsible mine development in Québec, and this allocation reflects the advanced stage and broader strategic importance of the Troilus project within the province’s industrial and critical minerals landscape.”

Troilus is positioned to become a long-life project for Québec - one capable of delivering meaningful economic benefits, supporting domestic copper supply, and contributing to long-term regional development in Northern Québec.

Securing this allocation further strengthens the foundation of the project and derisks the path toward the next stage of development, Reid states.

The project is poised to produce 303 000 gold-equivalent ounces a year over a 22-year mine life, or 135-million copper-equivalent pounds.