Troy Minerals

Investor Insight

Troy Minerals’ focused growth strategy—anchored by two high-purity silica projects nearing production and a diversified exploration portfolio targeting critical minerals—positions the company as a compelling investment opportunity with strong future upside..

Overview

Troy Minerals (CSE:TROY;OTCQB:TROYF;FSE:VJ3) is a rapidly emerging player in the critical minerals space, focusing on the development of high-purity silica and other essential materials for the clean energy transition.

Troy Minerals’ diverse portfolio targets the rising demand for raw materials in high-growth sectors like renewable energy and semiconductors. Leading the portfolio are two high-purity silica projects—Table Mountain (British Columbia) and Tsagaan Zalaa (Mongolia)—acquired through the strategic purchase of CBGB Ventures in September 2024. Tsagaan Zalaa is slated for production within 2025, followed by Table Mountain in 2026. These assets support Troy’s strategy to become a key supplier of critical minerals for the global energy transition.

Troy Minerals is advancing exploration in titanium, vanadium and rare earths through projects in Wyoming, USA, and Quebec, Canada—broadening its exposure to critical minerals essential for industries like aerospace and energy storage.

Its assets are strategically located near key infrastructure and major markets such as the US and China, positioning the company to create significant shareholder value through exploration, development, and future production.

High-purity silica—vital for solar panels, semiconductors, and advanced high-quality glass—is central to the clean energy transition. Troy’s high-grade silica assets are well-suited for these applications, with the global market projected to reach US$104.34 billion by 2030.

With supply shortages worsened by geopolitical tensions and supply chain disruptions, Troy is well-positioned to become a key supplier, targeting near-term production at both its silica projects.

Troy Minerals maintains a diversified portfolio with key vanadium and rare earth element (REE) assets essential to EVs, renewable energy storage, and advanced electronics. The Lake Owen project in Wyoming is prospective for titanium and vanadium, while Lac St. Jacques in Quebec targets REEs—especially neodymium and praseodymium. In its recent corporate news release, Troy announced the discovery of scandium, the first metal element in the REE sequence at Lake Owen Project.

Vanadium supports vanadium redox flow batteries (VRFBs), a scalable energy storage solution for renewables. REEs are critical for permanent magnets used in wind turbines, EV motors, and electronic devices.

Scandium has green-energy technologies applications, but additionally it is the most effective known microalloying element that can strengthen aluminium, while also offering improved flexibility, resistance to heat and corrosion, and lighter weight, therefore Scandium finds applications in the space, military and civilian aviation industries.