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.

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Troy Minerals (CSE:TROY)

Troy Minerals


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Targeting near-term high-purity silica production in Mongolia and British Columbia and advancing scandium and REE discoveries in Wyoming and Quebec, respectively.

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.

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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 ").

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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.

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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.

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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.

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Troy Minerals (CSE:TROY)

Troy Minerals Announces Maiden Inferred Resource Estimate for High-Purity Silica at Table Mountain Project, BC

Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce the completion of an initial Inferred Mineral Resource Estimate ("MRE") for high-purity silica at its 100%-owned Table Mountain Project, located near Golden, British Columbia, Canada (Figure 1).

Key Highlights:

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Troy Minerals

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