Troilus Gold Corp. reported initial assay results from its Phase II Gap Zone drill program at its Troilus Project, located in northcentral Quebec, Canada. The Gap Zone spans an ~2-kilometre area between the larger of the two formerly mined pits, Z87, and the Southwest Zone, which was discovered in late 2019.

In 2021, Troilus completed a 5-drill hole Phase I drill program in the Gap Zone to test for mineralization and continuation of lithological sequence. The results from Phase I, including 4.2 g/t AuEq over 7 m and 0.95 g/t AuEq over 16 m (see press release from April 21, 2022), provided confirmation that the mineralized units found in Z87 and the Southwest Zone continue into the Gap Zone. The ~11,000 metre Phase II Gap Zone drilling program was initiated earlier this year and is expected to conclude in July.

Mineral Extensions Southward beyond Z87 into the Gap Zone: 1.04 g/t AuEq over 13 metres, including 1.85 g/t AuEq over 5 metres and 4.17 g/t AuEq over 1 metre in hole GZ-006, identified down-dip mineral continuity from Z87 South; 1.73 g/t AuEq over 6 metres, including 7.54 g/t AuEq over 1 metre in hole GZ-012, identified up-dip mineral continuity of Z87 South; 1.22 g/t AuEq over 6 metres, including 4.24 g/t AuEq over 1 metre, as well as 6.20 g/t AuEq over 2 metres and 1.06 g/t AuEq over 8 metres in hole GZ-030, identified down-dip mineral continuity of Z87 South. Mineral Extensions Northward Beyond the Southwest Zone into the Gap Zone: 1.07 g/t AuEq over 5 metres, including 2.58 g/t AuEq over 1 metre, as well as 4.66 g/t AuEq over 1 metre and 5.41 g/t AuEq over 1 metre in hole GZ-010. The initial results from the Phase II Gap Zone drill program continues to prove the northward continuation of mineralization from the Southwest Zone, and the southward extension from Z87, into the Gap Zone.

Feldspar-porphyry dykes, shearing and veining within the diorite intrusion, and the northward extension of the magnetite breccia unit from the Southwest Zone host the bulk of the mineralization found thus far in the Gap Zone. During the Gap Zone Phase II drill program, one meter assay samples were taken from NQ core and sawed in half. One-half was sent for assaying at ALS Laboratory, a certified commercial laboratory, and the other half was retained for results, cross checks, and future reference.

A strict QA/QC program was applied to all samples, which included insertion of one certified mineralized standard and one blank sample in each batch of 25 samples. Every sample was processed with standard crushing to 85 % passing 75 microns on 500 g splits. Samples were assayed by one-AT (30 g) fire assay with an AA finish and if results were higher than 3.5 g/t Au, assays were redone with a gravimetric finish.

For QA/QC samples, a 50 g fire assay was done. In addition to gold, ALS laboratory carried out multi-element analysis for ME-ICP61 analysis of 33 elements four acid ICP-AES.