Troy Minerals Completes LiDAR Survey at Table Mountain Silica Project, British Columbia

Troy Minerals Completes LiDAR Survey at Table Mountain Silica Project, British Columbia

Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce the completion of a LiDAR survey at its Table Mountain Silica Project near Golden, British Columbia, Canada

The high-resolution LiDAR survey covered approximately 1.3 square kilometres of the primary target zone, where previous sampling has indicated potential for high-purity silica mineralization. The detailed topographic data will be instrumental in ongoing geological interpretation and future resource modeling.

Figure 1. Table Mountain Silica Project & LiDAR Survey Coverage Map

Additionally, the Company has submitted a total of 201 quartzite silica samples to ALS Geochemistry in North Vancouver, B.C. The comprehensive sampling program consisted of 131 grab samples collected across the property and 70 channel samples from 67.12 metres of continuous channeling across 5 channels within the LiDAR survey area. The Company will provide a detailed analysis of the sampling program results once all assays have been received and compiled. *

"This combination of high-resolution LiDAR surveying and comprehensive sampling represents a major step forward in quantifying Table Mountain's potential," stated Rana Vig, CEO and Director of Troy Minerals. "With over 200 samples now at the lab and detailed topographic mapping of our primary target zone complete, we are building a robust technical foundation that will guide our development strategy. The project's proximity to existing silica operations and infrastructure continues to underscore its strategic importance as we work to position Troy as a significant player in the North American high-purity silica market."

About the Table Mountain Project

The Table Mountain Silica Project consists of 1,698 hectares located 4 kilometres east of Golden, B.C., with excellent year-round access and proximity to the Canadian Pacific Railway Golden Rail Yard (see Figure 1). The property hosts up to 10 kilometers of regionally mapped strike length of the Mount Wilson Formation, with apparent widths ranging from 300 to 1,400 metres at surface. The project is strategically positioned near both the Moberly Silica Mine and the Sinova Quartz silica quarry, which exhibit economic grade silica greater than 99.6% SiO₂ purity.

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), 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 ultimately deliver tangible monetary value to shareholders, state, and local communities.

Qualified Person

Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a "Qualified Person" as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Table Mountain Project vendor.

* Cautionary Note

The reader is cautioned that grab samples are selective by nature and may not represent the true grade or style of mineralization across the Property.

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.

SOURCE:Troy Minerals Inc.



View the original press release on accesswire.com

News Provided by ACCESSWIRE via QuoteMedia

TROY:CC
Troy Minerals

Troy Minerals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Troy Minerals (CSE:TROY)

Troy Minerals


Keep reading...Show less
Troy Minerals Announces Private Placement

Troy Minerals Announces Private Placement

(TheNewswire)

Troy Minerals Inc.

TheNewswire - Troy Minerals Inc. (" Troy " or the " Company " ) (CSE: TROY; OTCQB: TROYF; FSE: VJ3) announces a private placement financing of up to 4,166,666 flow-through common shares (the " Shares ") of the Company at a price of $0.24 per Share for gross proceeds of up to $1,000,000 (the " Offering ").

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Troy Minerals Submits Drilling Permit Application for Table Mountain Silica Project, British Columbia

Troy Minerals Submits Drilling Permit Application for Table Mountain Silica Project, British Columbia

Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce the submission of a drilling permit application for the Table Mountain Silica Project in British Columbia. This key milestone supports Troy's strategic plan to evolve from an exploration-focused company into a revenue-generating mining operation, with production anticipated in the near term

The permit application details a comprehensive drilling program, requesting approval for a program involving up to 34 drill holes in 2025, totaling approximately 1,700 meters of drilling in the first year, and an additional 20 holes planned in subsequent years, bringing the total to approximately 2,700 meters over the proposed five-year period, with provisions for additional exploration activities as needed. This phased approach enables Troy to methodically advance the Table Mountain project, ensuring alignment with both operational goals and market demand.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Troy Minerals Announces Arrangements to Address Mailing of Shareholders Meeting Materials Resulting From Canada Post Strike

Troy Minerals Announces Arrangements to Address Mailing of Shareholders Meeting Materials Resulting From Canada Post Strike

Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is providing an update to its shareholders regarding the impact of the strike by the Canadian Union of Postal Workers on the Company's ability to comply with its obligations to deliver its meeting materials to shareholders in connection with its upcoming annual general meeting of shareholders scheduled to be held on December 31, 2024 (the "Meeting

Due the postal strike, the Notice of Meeting, Information Circular and related proxy materials (the "Meeting Materials") may not be delivered to shareholders prior to the Meeting in accordance with regulatory requirements. The Meeting Materials have been filed on the Company's website and on the Company's SEDAR+ profile at www.sedarplus.ca. Shareholders will still be able to vote their shares either directly by proxy (for registered shareholders) or indirectly through their intermediary (for unregistered shareholders who hold their shares through brokerage firms or other intermediaries). Instructions respecting voting can be obtained as outlined below.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Troy Minerals Strengthens Leadership Team

Troy Minerals Strengthens Leadership Team

Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce that following up on its aggressive plans to transition from an exploration company to a cash flow producing company by rapidly advancing its silica projects in North America and Mongolia, it has appointed, Yannis Tsitos, a professional with 35 years' international exploration mining experience and former BHP veteran, as President of the Company

Rana Vig, who to date has served both as President and CEO, owning more than 11% of the Company, will continue to provide his leadership as Chief Executive Officer.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Troy Minerals Targets Restart of Drilling at Tsagaan Zalaa

Troy Minerals Targets Restart of Drilling at Tsagaan Zalaa

Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce a significant milestone in its ongoing development of the Tsagaan Zalaa Silica Project in Mongolia. With the next phase of drilling now underway, the Company aims to complete the minimum 1,000 meters cumulative drill program, the required threshold for its mining license submission. It should be noted that the silica mineralization at Tsagaan Zalaa is either outcropping or sub-outcropping, resulting is relatively shallow drilling campaigns. The Company expects to complete drilling before year-end, setting the stage for Troy's mining license submission

Located strategically near the Mongolian-Chinese border, the Tsagaan Zalaa Silica Project continues to present robust opportunities for growth in the silica sector, driven by rising demand from green technology and other high-tech industries. The Company remains focused on delivering the necessary operational milestones, aligning with its commitment to achieving first production in the coming year.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
CHARBONE Hydrogen Announces Changes to Board of Directors

CHARBONE Hydrogen Announces Changes to Board of Directors

(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Québec TheNewswire - December 23, 2024 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's only publicly traded pure-play green hydrogen company, is pleased to announce the nomination of Mr. Denis Crevier as a new Board member of Charbone, with immediate effect, in replacement of Mr. Mena Beshay, actual director of the Board of Charbone, ending his mandate.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Charbone Hydrogene annonce des changements au sein du conseil d'administration

Charbone Hydrogene annonce des changements au sein du conseil d'administration

(TheNewswire)

Charbone Hydrogen Corporation

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Hempalta Corp. Announces Financial Results for Year Ended September 30, 2024

Hempalta Corp. Announces Financial Results for Year Ended September 30, 2024

AgTech Company highlights recent 100% purchase of Hemp Carbon Standard platform to advance industrial hemp carbon credits global market opportunity

Hempalta Corp. (TSXV: HEMP) ("Hempalta" or the "Company") has released its financial results for the year ended September 30, 2024. Hempalta's audited consolidated financial statements (the "Financial Statements") and related management's discussion and analysis (the "MD&A") for the twelve months ended September 30, 2024 are available on www.sedarplus.ca.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
CG1 Achieves 40% ownership & Mechanical Completion of Plant

CG1 Achieves 40% ownership & Mechanical Completion of Plant

Carbonxt Group (CG1:AU) has announced CG1 Achieves 40% ownership & Mechanical Completion of Plant

Download the PDF here.

Singular Health Group

Singular Health Group Ltd provides medical software solutions. The company offers 3D medical imaging solutions and analysis based on the development of Volumetric Rendering Platform ("VRP") and derivative software solutions. Its products include MedVR, Virtual Anatomy, and 3Dicom. The Group operates in one segment, medical technology products.
Troy Minerals

Troy Minerals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×