Troilus relocates HQ to Montreal
Canadian junior Troilus Gold has relocated its head office to Montreal, Quebec, from Toronto, Ontario, reflecting its focus on the advancement and development of its gold and copper project in north-central Quebec, as well as its commitment to its host province and local stakeholders.
“We strongly believe that the Troilus project is on track to becoming a cornerstone project in the province of Quebec, and in Canada. As we steadily continue to derisk and advance the project towards production, our host province of Quebec will become the centre of gravity for all development and growth; our Montreal office becoming our centre of operation and administration, where we will be in a better position to take advantage of the outstanding local consultants, contractors, and other mining expertise the province has to offer,” said Troilus CEO Justin Reid.
“Our commitment to the province has been reciprocated by the strategic investment of Quebec’s largest institutional investors, providing a backstop and partnership as we move towards ultimate project financing and development.”
The company is advancing and derisking the former gold and copper Troilus mine towards production. From 1996 to 2010, the Troilus mine produced about two-million ounces of gold and nearly 70 000 t of copper.
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