Troilus granted 70 MW power allocation in Québec to develop copper, gold mine

Troilus Mining Corporation has secured a 70 MW power allocation from Hydro-Québec and the Quebec Ministry of Economy, Science and Innovation to advance the copper/gold Troilus project. The allocation marks a major derisking milestone for what is the largest copper project currently in permitting in Québec and one of the largest undeveloped gold projects in Canada. Infrastructure includes 107 km of 161 kV high-tension lines connected to a site substation. Troilus expects to produce about 303,000 gold-equivalent ounces per year over a 22-year mine life, or 135 million copper-equivalent pounds. Access to Québec’s low-carbon hydroelectric grid is seen as key to long-term emissions reductions and competitive energy pricing.