Troy Minerals (CSE:TROY)

Troy Minerals: Targeting Near-term High-purity Silica Production in Mongolia and British Columbia


Troy Minerals (CSE:TROY;OTCQB:TROYF;FSE:VJ3);OTCQB:TROYF;FSE:VJ3), a rapidly emerging player in the critical minerals space, focuses on the development of high-purity silica and other essential materials for the clean energy transition. Troy Minerals has a diverse portfolio designed to capitalize on the increasing demand for raw materials needed in high-growth industries.

The company two high-purity silica projects: Table Mountain in British Columbia and the Tsagaan Zalaa project in Mongolia, both acquired through the strategic purchase of CBGB Ventures in September 2024. The projects are targeted for near term production, with Tsagaan Zalaa targeted to come online in 2025 and Table Mountain in 2026.

Troy Minerals' Tsagaan Zalaa Project in Mongolia

The Tsagaan Zalaa project is near the China-Mongolia border and is a near-term high-purity silica asset envisioned to commence production by 2025. The project’s proximity to key consuming markets, such as China, Japan and Korea, provides significant logistical advantages for the transportation of silica.

Company Highlights

  • Troy Minerals acquired CBGB Ventures in September 2024, securing two flagship high-purity silica projects in British Columbia and Mongolia.
  • The Tsagaan Zalaa project in Mongolia is being targeted to commence high-purity silica production by 2025, thereby positioning the company as a key supplier for solar and semiconductor industries.
  • The Table Mountain project in British Columbia is being targeted to begin high-purity silica production by 2026, with a 24-month development timeline.
  • High-purity silica, similar to the company’s projects, is critical for solar panel production, semiconductors, fiber optics and high-performance glass.
  • The company also maintains an exploration portfolio of critical mineral assets, including vanadium and REE, in tier 1 jurisdictions.

This Troy Minerals profile is part of a paid investor education campaign.*

Click here to connect with Troy Minerals (CSE:TROY) to receive an Investor Presentation

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

Targeting near-term high-purity silica production in Mongolia and British Columbia

Troy Minerals Announces Completion of $1.2 Million Private Placement

Troy Minerals Announces Completion of $1.2 Million Private Placement

(TheNewswire)

Troy Minerals Inc.

Troy Minerals Inc. (" Troy " or the " Company " ) (CSE: TROY; OTCQB: TROYF; FSE: VJ3) is pleased to announce that it has completed a private placement financing of 5,000,000 flow-through common shares at a price of $0.24 per share for gross proceeds of $1,200,000 (the " Offering "). Each share will qualify as a "flow-through" share as defined in subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Quebec). Proceeds of the Offering will be used towards advancing the Company's current mineral projects.

News Provided by TheNewsWire via QuoteMedia

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 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.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
CoTec Holdings (TSXV:CTH)

CoTec Holdings Corp. Releases New Investor Presentation

CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Company") is pleased to announce that it has updated its investor presentation to reflect the significant progress the Company has made in the execution of its strategy.

Investors can access the presentation on the Company's website at: https://cotec.ca/_resources/presentations/corporate-presentation.pdf?v=032602

Keep reading...Show less
Toyota logo.

Toyota Shares Hydrogen Roadmap, Highlighting On- and Off-Road Opportunities

Toyota Motor (NYSE:TM) reinforced its commitment to hydrogen at the 2025 Hydrogen and Fuel Cell Seminar, laying out a roadmap for expanding its fuel cell technology across multiple industries.

Toyota executives used the event to highlight the company’s latest advancements in hydrogen-powered solutions, emphasizing their role in heavy-duty transport, power generation and industrial applications.

“We are collaborating with companies that would traditionally have been our competition to develop standards for hydrogen fueling connections and protocols, recognizing that an industry standard was of greater benefit than our own competitive advantage,” said Jay Sackett, chief engineer of advanced mobility, in his opening remarks at the event.

Keep reading...Show less
Bankruptcy papers.

Northvolt Files for Bankruptcy, Marking Setback for European Battery Industry

Northvolt, once hailed as Europe's battery manufacturing champion, has filed for bankruptcy in Sweden after failing to secure the financial support necessary to continue operations.

The company cited multiple factors for its collapse in a Wednesday (March 12) release, including rising capital costs, geopolitical instability, supply chain disruptions and shifting market demand.

The bankruptcy represents a significant setback for Europe's ambitions to establish a competitive battery sector against industry giants in China and South Korea. Northvolt had positioned itself as a cornerstone of European energy independence, aiming to build a vertically integrated supply chain for electric vehicle (EV) batteries.

Keep reading...Show less
CoTec Holdings (TSXV:CTH)

HyProMag USA Expands Detailed Engineering Phase To Include Three HPMS Vessels And Initiates Concept Studies For Further Expansion And Complementary “Long Loop” Recycling

CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) (“CoTec”) and Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) are pleased to announce that HyProMag USA LLC (“HyProMag USA”) will expand the upcoming detailed design phase of its U.S. permanent magnet recycling and manufacturing project (the “Project”) to include three HPMSi vessels.

In addition, and concurrently, HyProMag USA will begin conceptual studies to evaluate further expansion to triple the capacity of the Project, versus that envisaged in the Feasibility Study, across the Project footprint of Fort Worth, Texas (“Texas Hub”), South Carolina and Nevada as well as integrated USA development of long loop chemical processing, which is complementary to the HPMS short-loop process. Long-loop chemical processing is used to process any material not suitable for short-loop recycling as well as swarf generated from magnet finishing. HyProMag USA is targeting to supply 10% of U.S. domestic demand for NdFeB magnets within five years of commissioning.ii

Keep reading...Show less
Biofuel pump in front of a sunflower field at sunset.

6 US Biofuel Stocks

The global biofuels market was valued at US$64.06 billion in 2024 and is anticipated to reach US$106.02 billion in 2034. Despite previous dips, the outlook for the biofuels industry and US biofuel stocks is positive.

The driving forces behind rising demand for biofuels include the goal of reducing the carbon footprint of transport industries, as well as factors such as a growing need for alternatives to foreign oil and enhanced cost-competitiveness and efficiency of biofuel production technology.

The US is the largest biofuels-producing country in the world by far.

Keep reading...Show less
Clean energy concept.

Hazer Group Completes Pilot Rig Testing Program for FortisBC Project

Hazer Group (ASX:HZR) said on Tuesday (March 4) that a pilot rig testing program has been completed for a project in BC, Canada, that it is collaborating on with Canadian energy utility company FortisBC.

The companies entered into a binding project development agreement in May 2024 to develop a hydrogen production facility in the province using Hazer's technology. FortisBC owns the project and is licensing Hazer's technology for the site, which is designed to produce 2,500 tonnes of hydrogen and 9,500 tonnes of graphite per year.

The project has received C$8 million in funding from the BC government's CleanBC Industry Fund.

Keep reading...Show less
Troy Minerals

Troy Minerals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×