Denver Gold Group member
Troilus Mining Corp
- TSX: TLG
- Developer (construction/feasibility)
- Gold
- Copper
- Toronto, Canada
Company profile
Troilus Mining Corp. is advancing one of North America’s largest undeveloped gold-copper projects in Québec, Canada, on the site of the former Troilus mine. The September 2026 Technical Report outlines a 50,000 tpd open-pit operation with an approximately 26-year mine life, an after-tax NPV(5%) of US$3.2 billion, 22% IRR and 3.6-year payback at US$3,600/oz gold. At US$5,000/oz gold, after-tax NPV(5%) increases to approximately US$5.5 billion, with a 31% IRR and 2.6-year payback.
The Project benefits from extensive brownfield infrastructure, a 70 MW hydroelectric power allocation, offtake arrangements with leading European smelters, and a large 435 km² land package with significant exploration upside. Basic Engineering is complete, supported by approximately 95,000 engineering hours, ~90% market-validated pricing and an AACE Class 3 estimate across the full Project scope.
With Detailed Engineering, permitting, procurement and project financing advancing in parallel with leading international lenders, Troilus is moving toward near-term construction and future production from a highly strategic Canadian gold-copper asset.
At Mining Forum Australia
A Denver Gold Group member company
Member companies meet qualified investors in unmediated 1x1 Meetings at every Mining Forum. The 2027 issuer list is published as companies confirm.
Peer groupthe five most similar Denver Gold Group members, 1 = most similar
| Rank | Company | Stage | Minerals | Primary operations | Market cap | 2025 production | Reserves | Match by factor |
|---|---|---|---|---|---|---|---|---|
| This company | Troilus Mining CorpTSX: TLG | Developer | Gold, Copper | Canada | $361M | |||
| 1 | Talamore MiningTSXv: TALA | Developer | Gold, Copper | Canada | $1.1B | |||
| 2 | Western Copper and GoldTSX: WRN | Developer | Copper, Gold | Canada | $545M | |||
| 3 | Osisko Gold Group Inc.NYSE: OGG | Developer | Gold | Canada | $832M | 2.071 Moz | ||
| 4 | First Mining GoldTSX: FF | Developer | Gold, Silver | Canada | $853M | 3.1 Moz | ||
| 5 | STLLR GoldTSX: STLR | Developer | Gold | Canada | $186M |
close partial distant not reported Dots run in the order market cap, stage, minerals, country, production, reserves. Similarity weighs market capitalisation 25%, stage of development 20%, primary and secondary minerals 20%, primary country of operations 10%, production 12.5% and reserves 12.5%, with sizes compared on a logarithmic scale. Production and reserves are compared only between companies with the same primary mineral, and a figure a company has not supplied is left out of the score instead of counting against it. A statistical grouping for orientation, not a recommendation or a valuation comparison.
Prepared for information only; it is not investment advice or a recommendation. Company data as supplied to Denver Gold Group by member companies and public market sources. Market figures in US dollars as at 20 September 2026.