Troilus Gold (TSX: TLG) has entered into a commercial offtake agreement for its flagship copper-gold project with Swedish miner Boliden. This marks Troilus’ second offtake arrangement with an established European copper producer, having also agreed terms with Germany’s Aurubis AG recently.
Together, these partnerships further validate the quality of Troilus’ anticipated concentrate and highlight the project’s strategic importance within the European critical minerals supply chain, the company stated in a press release.
Troilus is currently focused on bringing the former copper-gold mine of the same name in north-central Quebec back into production. The historic mine located in Val-d’Or district had previously produced nearly 70,000 tonnes of copper between 1996 and 2010.
Large copper asset
With mineral reserves of 6 million oz. gold, 484 million lb. copper and 12 million oz. silver, the…
