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Innovation Mining is disrupting the market and establishing itself as a leader in cleantech gold extraction through its RZOLV, a proprietary, non-toxic hydrometallurgical formula that's sustainable, safe, and water-based alternative to cyanide. RZOLV addresses a long-standing industry challenge, enabling mining operations to transition toward sustainable and high-performance gold extraction without compromising profitability.
RZOLV offers similar cost and performance metrics as cyanide, but with a non-toxic, reusable and sustainable profile.
RZOLV allows efficient gold extraction that unlocks untapped resources. Innovation Mining is currently focused on validating its technology through a 100-tonne industrial test, after which full commercialization efforts will begin.
Company Highlights
- Innovation Mining has developed RZOLV, a proprietary, non-toxic hydrometallurgical formula for gold extraction. The formula offers a sustainable, safe, and water-based alternative to cyanide.
- RZOLV enables a seamless transition from cyanide without requiring additional infrastructure investments, making adoption cost-competitive and operationally efficient.
- The RZOLV formula has been tested on over 250 kilograms of ore, demonstrating high performance comparable to cyanide while eliminating toxic waste risks.
- Scalability and reliability: A 100-tonne leach test is planned within the next several months to further validate scalability and reinforce its economic and operational advantages for miners.
- Regulatory and social benefits: By removing cyanide from the process, RZOLV will simplify regulatory approvals, reduce compliance risks, and improve social licenses to operate, making it a future-proof solution for responsible mining.
- Enhanced ESG profile: Mining companies adopting RZOLV can significantly improve their environmental, social, and governance (ESG) standing, appealing to investors and stakeholders focused on sustainability and responsible resource development.
- Versatile gold recovery: RZOLV enables efficient gold extraction not only from traditional ores but also from low-grade ore, concentrates, and tailings, unlocking untapped resources.
This AInnovation Mining profile is part of a paid investor education campaign.*
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Troy Minerals Reports Completion of 2025 Summer Field Program and Progress at Table Mountain High-Purity Silica Project, British Columbia, Canada
Key Highlights:
- Company expands the Project by 222.2 hectares, covering the remainder of Table Mountain;
- Additional channel sampling completed across the main quartzite silica zone;
- Extensive geological prospecting across the Project, including across newly acquired claims to the north;
- Collection of two bulk quartzite samples totalling approximately 250 kg from the main quartzite silica zone for metallurgical studies;
- Completion of UAV LiDAR survey across 3.5 square kilometers across northern claims and Project's access areas.
"The announcement of our maiden inferred resource earlier in the summer in conjunction with the successful completion of this season's exploration program represents an important step in the advancement of the Table Mountain Silica Project, an asset which benefits from its size, quality, infrastructure, and location, situated across the Trans-Canada Highway and 4 kilometres away from the CPKC Golden Rail Yard (Figure 1)," commented Yannis Tsitos, President of Troy Minerals. "With drill permits submitted for the 2026 season and our planned metallurgical works and scoping studies planned for the winter season, we are positioning Troy to move into the next stage of exploration and resource development at the Table Mountain Project."
Figure 1. Location of the Table Mountain High-Purity Silica Project
Exploration Program Update
Troy has expanded the Project by 222.2 hectares, through an amendment to the option agreement with the property vendor, making the total property holdings into 2,526.3 hectares. The additional ground was added directly to the north of the main silica zone, along strike of the Mount Wilson Quartzite formation, adding potential for expanding the established zone to the north for approximately 1 kilometre.
Troy recently completed a continuous channel sampling program within the main mineralized zone. This work was designed to provide a better understanding of grade continuity across the quartzite body and to generate the data required for precise drill hole planning in future campaigns.
Prospecting crews conducted systematic exploration across the entire property, including the newly acquired northern claims. This program led to the discovery of several new quartzite exposures and potential high-purity silica targets, adding meaningful expansion potential to the existing project footprint.
A UAV-borne LiDAR survey was flown across approximately 3.5 square kilometers on the expanded northern part of the property to aid in drill planning as well as potential future resource estimates plus covering areas important for project access from the Trans-Canada Highway.
Figure 2. Table Mountain Project outline, showing expansion and LiDAR coverage.
Two bulk samples, totalling approximately 250 kilograms, were collected from the main quartzite zone. These samples will undergo metallurgical testing to evaluate silica quality, identify impurities, and potential suitability for high-end applications.
Troy has submitted a drill permit application in anticipation of the 2026 field season. Once permits are approved, the Company intends to complete resource definition drilling within the main zone as well as initial testing of high-priority targets defined by the recent prospecting and channel sampling.
The Company will announce analytical results from the channel sampling and present the total LiDAR coverage maps to date, once processed and received.
Figures 3 & 4. Photos from 2025 season's fieldwork and channel sampling at Table Mountain Project.
The Company also announces that it has granted 1.5 million options to consultants and advisors of the Company. The options have an exercise price of $0.12, vest immediately and expire on September 10, 2030.
About the Table Mountain Project
The Table Mountain Silica Project is located approximately 4 kilometers east of Golden, B.C., Canada, with excellent year-round road access and proximity to the Canadian Pacific Railway's Golden rail yard. The property covers roughly 2,526 hectares, encompassing up to 11 kilometers of regionally mapped strike length of the Mount Wilson Formation quartzite, with widths ranging from 300 to 1,400 meters at surface. Table Mountain is strategically situated near two established high-purity silica operations - the Moberly Silica Mine and the Sinova Quartz Quarry - both of which demonstrate silica purity greater than 99.6% SiO₂. This advantageous location highlights the project's potential to become a significant source of high-purity silica in a region known for hosting premium-quality silica deposits.
Qualified Person
Technical information in this release has been reviewed and approved by Case Lewis, P.Geo., a Qualified Person under NI 43-101 and a director of the property vendor.
About Troy Minerals
Troy Minerals is a Canadian based publicly listed mining company focused on building shareholder value through acquisition, exploration, and development of strategically located "critical" mineral assets. Troy is aggressively advancing its projects within the silica (silicon), scandium, vanadium, and rare earths industries within regions that exhibit high and growing demand for such commodities, in both North America and Central-East Asia. The Company's primary objective is the near-term prospect of production with a vision of becoming a cash-flowing mining company to deliver tangible monetary value to shareholders, state, and local communities.
ON BEHALF OF THE BOARD,
Rana Vig | President and Director
Telephone: 604-218-4766
Email: rana@ranavig.com
Forward-Looking Statements
Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Troy Resources Inc. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of commodity prices, and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
Westport
Investor Insight
Westport’s cutting-edge technologies and proven leadership in alternative fuel delivery systems offer investors a compelling opportunity to capitalize on the global shift toward a low-carbon economy.
Overview
Westport (NASDAQ:WPRT,TSX:WPRT) specializes in delivering advanced fuel technologies, with a focus on heavy-duty vehicles, aimed at reducing carbon emissions without compromising engine performance. As a key player in the clean transportation space, Westport offers innovative solutions that enable internal combustion engines to operate on alternative low-carbon fuels, including natural gas, renewable natural gas (RNG), propane and hydrogen.
Westport is focused on the following transportation market opportunities:
- HPDI (via Cespira): The new home of Westport’s keystone innovation, the High-pressure Direct Injection (HPDI) system, targeting long-haul trucking and heavy-duty off-road applications. This technology allows trucks to operate on natural gas or hydrogen with diesel-like or better performance but lower CO₂ emissions. Launched in June of 2024, Cespira is Westport’s joint venture with Volvo Group and is already generating increasing levels of revenue.
- High-pressure Controls and Systems: Focuses on high-pressure fuel management solutions for hydrogen and other alternative fuel engines. Westport is embracing early-stage hydrogen infrastructure development and offers key components such as pressure regulators, injectors and fuel rails for both internal combustion engines and fuel cell applications. While hydrogen is key to the future decarbonization of transport, Westport’s components and solutions are already powering innovation today across a range of gaseous fuels.
Market Position and Competitive Advantage
Westport operates in a rapidly growing and changing clean transportation market driven by stringent emission regulations, increasing fuel costs and rising demand for sustainable mobility solutions. The company’s competitive edge lies in its proprietary HPDI technology, which uniquely delivers diesel-equivalent performance while significantly reducing carbon emissions. Westport’s joint venture with Volvo Group, under the Cespira name, enhances its ability to scale HPDI solutions globally.
Fleet operators and logistics companies are increasingly turning to alternative fuel vehicles to reduce operational costs and meet stringent environmental standards around the world. In response, Westport continues to invest in innovation, particularly in hydrogen and renewable natural gas solutions.
Company Highlights
- Pioneer in Alternative Fuels: Westport develops and commercializes advanced fuel delivery systems for natural gas, renewable natural gas (RNG), propane and hydrogen-powered internal combustion engines (ICEs).
- Heavy-duty Market Expertise: Leveraging proprietary technologies, Westport reduces carbon emissions across commercial and passenger vehicle segments.
- High-pressure Fuel Solutions: The high-pressure controls & systems segment delivers fuel management components for hydrogen and other pressurized alternative fuels.
- Flagship HPDI Technology: Through Cespira, a joint venture with Volvo Group, Westport’s HPDI enables heavy-duty trucks to run on natural gas or hydrogen, lowering CO₂ emissions while maintaining or exceeding diesel-equivalent performance.
- Strategic Growth Partnerships: Collaborations like Cespira with Volvo Group accelerate the global adoption of HPDI and support scalable growth.
- Strengthened Financial Position Following Light-duty Divestiture: Westport completed the sale of its light-duty segment in Q2 2025, generating $62.5 million in net proceeds – bolstering its balance sheet and enabling a sharper focus on its core growth businesses.
Key Technologies
HPDI Fuel System (transferred into the Cespira JV with Volvo Group)
The HPDI fuel system is engineered for heavy-duty trucks and industrial applications. By injecting high-pressure natural gas or hydrogen directly into the combustion chamber, HPDI delivers diesel-like torque and power with up to 98 percent lower CO₂ emissions when using hydrogen. This technology is critical for long-haul trucking and other high-load applications, where maintaining performance and range is essential. This technology was created by Westport and has been transferred into the Cespira JV.
The HPDI system features a revolutionary, patented injector with a dual concentric needle design that delivers small quantities of diesel fuel and large quantities of natural gas, at high pressure, to the combustion chamber.
High-pressure Controls and Components
Westport’s high-pressure gaseous controls segment plays a leading role in the clean energy transition, designing, developing and producing critical components for transportation and industrial applications. Partnering with major fuel cell manufacturers and companies committed to decarbonizing transport, Westport delivers versatile solutions that support a wide range of gaseous fuels. While hydrogen is central to the future of transport decarbonization, Westport’s technologies are already enabling innovation across multiple alternative fuel platforms today.
With decades of experience, market-leading brands, and deep engineering expertise, Westport has established itself as a trusted leader in high-pressure fuel systems. Though still a relatively small business, its strategic positioning and innovative capabilities place it on the cusp of significant growth, making it a preferred partner for those driving the future of clean energy.
Management
Westport is helmed by an accomplished executive team with extensive experience in automotive technology, alternative fuels and corporate strategy.
Dan Sceli - CEO
Dan Sceli was appointed as CEO in January of 2024. His distinguished 37-year career in the global manufacturing sector marks him as a visionary leader, whose strategic acumen and commitment to excellence have propelled companies to new heights.
Elizabeth Owens - CFO
Elizabeth Owens is a seasoned finance executive with over 20 years of leadership experience across multinational corporations in automotive, telecommunications, aviation, and chemical manufacturing. She has spent the past decade with Westport, most recently as vice-president of finance and tax. She brings extensive expertise in tax, finance, and accounting, as well as mergers, acquisitions, and divestitures. A CPA, CA who began her career with Deloitte, Owens holds a Bachelor of Commerce in Accounting from the University of British Columbia.
Ashley Nuell - VP of Investor Relations
Ashley Nuell joined Westport in May of 2022 and currently has approximately 20 years of experience in investor relations. Her career includes roles with companies at various parts of the energy sector value chain, as well as in the investor relations and stakeholder communications practice area of a global consulting firm.
