{"id":9295,"date":"2024-10-23T15:39:45","date_gmt":"2024-10-23T15:39:45","guid":{"rendered":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/10\/23\/troy-minerals-re-establishes-drill-camp-at-tsagaan-zalaa-silica-project-preparing-for-final-phase-of-drilling-to-unlock-high-purity-silica-asset\/"},"modified":"2024-10-23T15:39:45","modified_gmt":"2024-10-23T15:39:45","slug":"troy-minerals-re-establishes-drill-camp-at-tsagaan-zalaa-silica-project-preparing-for-final-phase-of-drilling-to-unlock-high-purity-silica-asset","status":"publish","type":"post","link":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/10\/23\/troy-minerals-re-establishes-drill-camp-at-tsagaan-zalaa-silica-project-preparing-for-final-phase-of-drilling-to-unlock-high-purity-silica-asset\/","title":{"rendered":"Troy Minerals Re-Establishes Drill Camp at Tsagaan Zalaa Silica Project Preparing for Final Phase of Drilling to Unlock High-Purity Silica Asset"},"content":{"rendered":"
\n

(TheNewswire) <\/p>\n

<\/div>\n

October 23, 2024 Vancouver, B.C. TheNewswire Troy Minerals Inc. (‘Troy’ or the ‘Company’) (CSE: TROY; OTCQB: TROYF; FSE: VJ3) is pleased to announce the re-establishment of its drill camp at the Tsagaan Zalaa Silica Project in Mongolia. This milestone marks a key step in preparing for the final phase of the Company’s 2024 drilling program, as Troy accelerates its efforts to unlock the potential of this high-purity silica asset.<\/p>\n

The re-establishment of the drill camp enables Troy to move forward with the final round of drilling, targeting the project’s high-grade quartz veins, which reach widths of up to 10 meters. <\/span><\/p>\n<\/p>\n

The final phase of the drilling program is expected to conclude before the end of November 2024, enabling the Company to establish its resource estimates and advance the project toward a comprehensive mine plan. This step brings Troy closer to submitting a mining license application before the end of 2024, laying the foundation for future production and long-term growth. <\/span><\/p>\n

Rana Vig, President & CEO of Troy Minerals, commented: <\/span><\/p>\n


<\/span> ‘Re-establishing the drill camp at Tsagaan Zalaa marks another significant step in advancing this project. With the camp fully operational, we are well-positioned to complete the final phase of drilling and continue progressing toward production. The strategic location of this high-purity silica project, combined with the rising demand from green energy sectors, gives us confidence in its long-term potential. We are focused on executing our development plans swiftly and efficiently to maximize shareholder value.’ <\/span><\/p>\n

With the recommencement of full-scale field operations, Troy remains committed to advancing the Tsagaan Zalaa Silica Project, aiming to establish itself as a leader in the high-purity silica market. The Company’s ongoing exploration and drilling efforts continue to demonstrate the project’s potential to serve a growing market in the transition to green energy technologies. <\/span><\/p>\n

ON BEHALF OF THE BOARD <\/span>
Rana Vig | President & CEO
604-218-4766
<\/span> rana@ranavig.com <\/span><\/span><\/p>\n

<\/a> Forward-Looking <\/span> Statements <\/span><\/p>\n

Statement <\/span> Regarding <\/span> Forward-Looking <\/span> Information: <\/span> This <\/span> release <\/span> includes <\/span> certain <\/span> statements <\/span> that may <\/span> be <\/span> deemed <\/span> ‘forward-looking <\/span> statements’. <\/span> All <\/span> statements <\/span> in <\/span> this <\/span> release, <\/span> other <\/span> than <\/span> statements of <\/span> historical <\/span> facts, <\/span> that <\/span> address <\/span> events <\/span> or <\/span> developments <\/span> that <\/span> Troy <\/span> Resources <\/span> Inc. <\/span> (the <\/span> ‘Company’) expects <\/span> to <\/span> occur, <\/span> are <\/span> forward-looking <\/span> statements. <\/span> Forward-looking <\/span> statements <\/span> are <\/span> statements <\/span> that are <\/span> not <\/span> historical <\/span> facts <\/span> and <\/span> are <\/span> generally, <\/span> but <\/span> not <\/span> always, <\/span> identified <\/span> by <\/span> the <\/span> words <\/span> ‘expects’, <\/span> ‘plans’, ‘anticipates’, <\/span> ‘believes’, <\/span> ‘intends’, <\/span> ‘estimates’, <\/span> ‘projects’, <\/span> ‘potential’ <\/span> and <\/span> similar <\/span> expressions, <\/span> or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may <\/span> differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include <\/span> results <\/span> of <\/span> exploration <\/span> activities <\/span> may <\/span> not <\/span> show <\/span> quality <\/span> and <\/span> quantity <\/span> necessary <\/span> for <\/span> further <\/span> exploration <\/span> or future exploitation of minerals deposits, volatility of commodity prices, and continued availability <\/span> of <\/span> capital <\/span> and <\/span> financing, <\/span> permitting <\/span> and <\/span> other <\/span> approvals, <\/span> and <\/span> general <\/span> economic, <\/span> market or business conditions. <\/span> Investors are cautioned that any such statements are not guarantees of future <\/span> performance <\/span> and <\/span> actual <\/span> results <\/span> or <\/span> developments <\/span> may <\/span> differ <\/span> materially <\/span> from <\/span> those <\/span> projected in <\/span> the <\/span> forward-looking <\/span> statements. <\/span> Forward-looking <\/span> statements <\/span> are <\/span> based <\/span> on <\/span> the <\/span> beliefs, <\/span> estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking <\/span> statements <\/span> in <\/span> the <\/span> event <\/span> that <\/span> management’s <\/span> beliefs, <\/span> estimates <\/span> or <\/span> opinions, <\/span> or <\/span> other factors, should change. <\/span><\/p>\n

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release. <\/span><\/p>\n

Copyright (c) 2024 TheNewswire – All rights reserved. <\/p>\n<\/p>\n<\/div>\n

News Provided by TheNewsWire via QuoteMedia<\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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