Troilus Announces Appointment of Chantal Lavoie to Its Board of Directors
10 Septiembre 2024 - 6:00AM
Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX:
CHXMF; FSE: CM5R) is pleased to announce the appointment of Chantal
Lavoie to its Board of Directors, effective immediately. Mr. Lavoie
is a Professional Mining Engineer who brings over 35 years of
experience in mining operations, permitting, construction, and
executive leadership across various global mining regions,
including Quebec.
Chantal Lavoie, a native of Chicoutimi, Northern
Quebec, has a distinguished career in both open-pit and underground
mining, holding senior management and executive roles with some of
the world’s largest mining companies, including Manager of
Underground Division for Barrick’s Goldstrike Project as well as
COO for De Beers’ Canadian mining operations during the
construction of the Snap Lake and Victor mines. He previously
served as the CEO for Crocodile Gold Corp., COO for Dominion
Diamond Corporation and most recently served as the COO of the Iron
Ore Company of Canada (IOC) for five years until his recent
retirement. Mr. Lavoie holds a bachelor’s degree in Mining
Engineering from Université Laval, Quebec.
Justin Reid, CEO of Troilus Gold, commented, “We
are very pleased to welcome Chantal to our Board. His extensive
operational experience, coupled with a strong background in
permitting and construction, will bring a wealth of knowledge that
is directly relevant to our current and upcoming stages of
development. We look forward to leveraging Chantal’s insights and
leadership as we continue to advance the Troilus Project into a
cornerstone gold-copper operation for Quebec and North
America.”
About Troilus Gold Corp.
Troilus Gold Corp. is
a Canadian development-stage mining company focused on the
systematic advancement of the former gold and copper Troilus Mine
towards production. Troilus is located in the tier-one mining
jurisdiction of Quebec, Canada, where it holds a large land
position of 435 km² in the Frôtet-Evans Greenstone Belt. A
Feasibility Study completed in May 2024 supports a large-scale
22-year, 50ktpd open-pit mining operation, positioning it as a
cornerstone project in North America.
For more information:
Caroline ArsenaultVP Corporate
Communications+1 (647) 407-7123info@troilusgold.com
Cautionary Note Regarding
Forward-Looking Statements and Information
This press release
contains “forward-looking statements” within the meaning of
applicable Canadian securities legislation. Forward-looking
statements include, but are not limited to, statements regarding
the impact of the appointment on the Company.. Generally,
forward-looking statements can be identified by the use of
forward-looking terminology such as “plans”, “expects” or “does not
expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “continue”, “anticipates” or “does not
anticipate”, or “believes”, or variations of such words and phrases
or statements that certain actions, events or results “may”,
“could”, “would”, “will”, “might” or “will be taken”, “occur” or
“be achieved”. Forward-looking statements are made based upon
certain assumptions and other important facts that, if untrue,
could cause the actual results, performances or achievements of
Troilus to be materially different from future results,
performances or achievements expressed or implied by such
statements. Such statements and information are based on numerous
assumptions regarding present and future business strategies and
the environment in which Troilus will operate in the future.
Certain important factors that could cause actual results,
performances or achievements to differ materially from those in the
forward-looking statements include, amongst others, currency
fluctuations, the global economic climate, dilution, share price
volatility and competition. Forward-looking statements are subject
to known and unknown risks, uncertainties and other important
factors that may cause the actual results, level of activity,
performance or achievements of Troilus to be materially different
from those expressed or implied by such forward-looking statements,
including but not limited to: there being no assurance that the
exploration program or programs of the Company will result in
expanded mineral resources; risks and uncertainties inherent to
mineral resource and reserve estimates; the high degree of
uncertainties inherent to feasibility studies and other mining and
economic studies which are based to a significant extent on various
assumptions; variations in gold prices and other metals, exchange
rate fluctuations; variations in cost of supplies and labour;
receipt of necessary approvals; availability of financing for
project development; uncertainties and risks with respect to
developing mining projects; general business, economic,
competitive, political and social uncertainties; future gold and
other metal prices; accidents, labour disputes and shortages;
environmental and other risks of the mining industry, including
without limitation, risks and uncertainties discussed in the
Company’s latest Annual Information Form, its technical reports and
other continuous disclosure documents of the Company available
under the Company’s profile at www.sedarplus.ca. Although Troilus
has attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. Troilus does
not undertake to update any forward-looking statements, except in
accordance with applicable securities laws.
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