Canada

Troilus Project

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Categories

Overview

Mine TypeOpen Pit & Underground
StagePermitting
Commodities
  • Gold
  • Copper
  • Silver
Mining Method
  • Truck & Shovel / Loader
  • Sub-level caving
  • Slot & Mass Blast
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Owners

SourceSource
CompanyInterestOwnership
Troilus Gold Corp. 100 % Direct
The Troilus Gold Property is defined by the mineral rights that are 100% held by Troilus.

Deposit type

  • Vein / narrow vein
  • Breccia pipe / Stockwork
  • Volcanic hosted
  • Porphyry

Summary:

The Troilus deposit is better known as an example of an Archean porphyry-type deposit as interpreted in the pioneering work of Fraser (1993). It is frequently cited as such, for example, Robert and Poulsen, 1997; Poulsen, 2000; Sinclair, 2007; Mercier-Langevin et al., 2012; Katz, 2016. Other interpretations for its genesis include superimposed structurally controlled “orogenic” gold, proposed by Carles (2000) and Goodman et al., (2005).

The Troilus deposit is located in the northeastern region of the Frotêt-Troilus domain, and is hosted by volcanic and hypabyssal intrusive rocks of the Troilus Group in a region of intense deformation, known as the Parker domain (Gosselin, 1996). It is located within the overturned northern limb of the Troilus isoclinal syncline, which was transposed by a series of northeast- southwest striking thrust fault zones, parallel to the main regional foliation and to the volcanic bedding.

Four main lithological units are recognized in the Troilus deposit region, broadly divided in: (i) mafic to felsic volcanic sequence; (ii) diorite and brecciated diorite; (iii) cross-cutting felsic dikes, and (iv) mafic to ultramafic intrusive. A series of distinct younger, post-deformation granitic intrusions crosscut all other lithotypes.

Troilus is primarily an Au-Cu deposit, but contains minor amounts of Ag, Zn and Pb, as well as traces of Bi, Te, and Mo. Gold-copper mineralization at the Troilus deposit comprises two distinct styles, disseminated and vein-hosted. Gold mineralization is spatially correlated with the presence of sulphides, even though the sulphide content does not directly correlate with gold and copper grade.

The matrix of the diorite breccia, the diorite and the felsic dikes represent the main host rocks for the mineralized intervals.

Disseminated Mineralization
Disseminated mineralization comprises the majority of the deposit’s copper content (>90%, Goodman et al., 2005), particularly in the Z87. Gold and copper are predominantly associated with fine grained disseminated sulfides and/or millimetre wide sulfide streaks and stringers parallel to the main foliation, comprising between 1 wt. % and 5 wt. % of the rock. The most abundant sulfides are pyrite, chalcopyrite, and pyrrhotite.

Gold occurs as fine grains of electrum, up to 20 µm wide along sulfide grain boundaries, and filling fractures within sulfide grains, containing up to 15 wt. % Ag (Goodman et al., 2005). At Z87, the mineralization is developed within an amphibolitic unit and the brecciated unit, located between the two thickest felsic dikes (Goodman et al., 2005), and it is coincident with a zone of strong biotitic alteration.

Vein-hosted Mineralization
This mineralization style is characterized by gold bearing veins, with gold mineralization restricted to the veins and veinlets, and is classified as gold-only, since copper mineralization is rare and erratic (Carles, 2000). This type of mineralization is reported to be hosted in all rock types occurring within the mineralized envelope in the Troilus deposit.

Several generations of gold-bearing veins have been identified and described by Goodman et al. (2005), and Larouche (2005), the latter especially focused on J4 zone. With regards to grade and abundance, the most significant are quartz-chlorite (±tourmaline) veins. These veins occur in silicified wall rocks to sericitized high strain zones which cut the main foliation and the margins of felsic dikes. Gold-bearing millimetre- to centimetre wide veinlets are locally present as swarms parallel or subparallel to spaced cleavage in the silicified rocks. The veinlets contain free gold and minor amounts of sulphide. Much of the gold is fine grained and contains up to 20% Ag, however, gold grains can be up to greater than 1,000 µm in size. Locally, a second set of gold bearing quartz veinlets cut the first. These carry fine grained gold (>95%) and minor pyrite, chalcopyrite, sphalerite, galena, and Te- and Bibearing minerals, including tellurobismuthite (Bi2Te3), calaverite (AuTe2), and hessite (Ag2Te). Although volumetrically much less significant than the main disseminated mineralization, the veinlets can contain grades greater than 50 g/t Au over a one metre interval. Coarse grained gold recovered by a gravity circuit in the mill accounted for about 30% of the gold produced. Presumably much of this coarse gold was derived from the veins. High grade shoots related to the veinlet zones are oriented 40° clockwise from the main disseminated mineralization.

There are four main deposits that make up the Troilus Gold Project: Zone 87, Zone 87 South, J Zone and SW Zone.

Zone 87
The main pit of the Troilus Mine, operated by Inmet from 1996 to 2010, was developed in the Z87 orebody. The mineralization in the Z87 occurs as a series of anastomosing lenses, extending for approximately 1,300 m along strike from 12,900N to 14,200N with variable thickness and locally reaching over 100 m wide. With increasing depth, individual mineralized lenses coalesce to form a single sheet-like body that was approximately 40 m thick on average (Fraser, 1993).

The long axis in the Z87 is oriented N35°E with the orebody dipping to 55° to 65° northwest, from southwest- to northeastern portions, respectively. Detailed studies of Z87 blasthole data and diamond drill intersections revealed the presence of higher-grade shoots, which plunge to the west-northwest at -30° to -50°. The north and south extensions of Z87 “horsetail” out into narrower branches of mineralization. Two branches are well defined in the north, whereas three branches are less defined to the south.

Zone 87 South
Z87S is located directly southwest of the main former open pit mine, Z87. The two zones are separated by a felsic dyke and a zone of intense deformation dipping at 45° to 55° northwest. Z87S itself dips of ~50° northwest. This angle suggests Z87 and Z87S may merge at approximately 450 m below surface. The presence of a gold rich interval below Z87 in borehole TLG-Z8718-002 is probably the expression of Z87S at depth.

J4/J5 Zone
The J Zone orebody hosts two mineral zones: J4 and J5. J4 is the smaller of the two formerly mined open pits along with the main Z87 zone. The ore bodies in the J4 zone are hosted in the northern continuity of the Troilus Diorite and, similarly to what is observed in the main zones Z87 and Z87S, are elongated parallel to a penetrative northeast trending foliation, moderately to steeply dipping to the north west.

Compared to Z87, the J4 Zone has a lower copper grade, more free gold, and dips more steeply at -65°. J4 extends for approximately 1,200 m from 14,100N to 15,300N and is approximately 200 m wide from 9,500E and 9,700E. Individual mineralized shoots plunge steeper to the north. The north half of J4, from approximately 14,600N, contains one main corridor of mineralization, which is 20 m to 50 m in horizontal width.

Southwest Zone (SW Zone)
The SW Zone is situated approximately 3 km southwest of the Z87 Zone. The current interpretation, based on recent drilling, is that the SW Zone appears to be the nose of a synclinal fold with a gentle plunge to the northwest.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityProductUnitsAvg. AnnualLOM
Gold Metal in doré koz 1,321
Gold Metal in copper conc. koz 2,634
Gold Metal in conc./ doré koz 2463,954
Copper Payable metal M lbs 265
Copper Concentrate kt 795
Copper Metal in concentrate M lbs 290
Silver Payable metal koz 1,470
Silver Metal in copper conc. koz 2,393

Operational metrics

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Tonnes milled, LOM  ....  Subscribe
* According to 2020 study.

Production Costs

CommodityUnitsAverage
Cash costs Gold USD  ....  Subscribe
All-in sustaining costs (AISC) Gold USD  ....  Subscribe
Assumed price Copper USD  ....  Subscribe
Assumed price Silver USD  ....  Subscribe
Assumed price Gold USD  ....  Subscribe
* According to 2020 study / presentation.
** Net of By-Product.

Operating Costs

Currency2020
OP mining costs ($/t mined) CAD 2.7 *  
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UG mining costs ($/t milled) CAD  ....  Subscribe
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* According to 2020 study.

Project Costs

MetricsUnitsLOM Total
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UG OpEx $M CAD  ......  Subscribe
Processing OpEx $M CAD 1,297
G&A costs $M CAD 369.4
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Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
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