Troy Resources (ASX:TRY) presents at Noosa Mining and Exploration Investor Conference, outlines exploration opportunities

  • November 12, 2020 02:32 PM AEDT
  • Team Kalkine
    Team Kalkine
    Team Kalkine
    16991 Posts

    Team Kalkine comprises of experts who understand various markets nuances and are enthusiastic and passionate to provide best possible offerings in the form of insights and stories. The team has rich experience of working across different markets with...

Troy Resources Limited (ASX:TRY) has released a company presentation at the “Noosa Mining and Exploration Investor Conference”. The presentation reiterated Troy’s primary focus on the Karouni gold operations and laid out the exploration activities that the gold producer plans for the upcoming future.

The near-term exploration activities include-

  • Smarts Underground prospect – A 9-hole drilling program is planned, assay results for the remaining in-fill drill holes to be announced soon. Maiden reserve estimation be completed either during the December quarter or by early March quarter. Feasibility study to be completed in the March quarter.
  • Goldstar – 4-hole diamond drilling planned, RC drilling and trench work underway.
  • Hicks Deeps – Diamond drill planned beneath the open pit mineralisation to evaluate options for deeper mining
  • Ohio Creek East – A 51-hole RC drilling campaign to commence shortly
  • Gem Creek – RC infill drilling to identify maiden inferred resource
  • Upper Itaki - Maiden RC drilling planned to test gold anomalies from the auger soil sampling program.

Troy Resources traded at A$0.110 a share on 12 November 2020 at 2:07 PM AEST with a market capitalisation of A$80.52 million.

 

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK