Canadian Mining Journal Staff

Company has released an update to its Parametric Design suite of software products, that is tailored to the underground metals space: Strategic Design Optimizer (SDO).

Results from this Wisteria include 31 metres of 2.9 g/t gold and 1.24 g/t silver from 25 metres; 25.2 metres of 1.62 g/t gold and 0.58 g/t silver starting at 43.6 metres; and 20 metres of 1.55 g/t gold and 0.4 g/t silver from 9 metres.

Company has released assay results for five holes drilled as part of this year’s exploration program at the Florida Mountain deposit in Idaho, reporting several long mineralized intercepts.

Company has signed a letter of intent with privately held High Range Exploration, to earn a 50% stake in the gold project, 110 km from Prince George in B.C.

Midday Wednesday, Troilus’ stock was down nearly 12% on the TSE.

Drill results in Manitoba have increased the strike length of the deposit to 1,000 metres and hit mineralization at depths of approximately 800 metres.

Company said its copper project in Arizona received strong support at a public hearing held by the Department of Environmental Quality.

Companies have announced a world-first joint venture, Auto-Mate, to deliver the next generation of mine site automation to the global resource sector.

To date, over 80% of the holes drilled into the LP fault, Dixie Limb and Hinge zones returned visible gold, with the mineralization in the form of free gold, and not bound to or within sulphides.