Member Company Profile

Troilus Gold is a Toronto-based development-stage mining company focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus Mine. The 4,700-hectare Troilus property is located northwest of the Val-d’Or district, within the Frotêt-Evans Greenstone Belt in Quebec, Canada. From 1997 to 2010, Inmet Mining Corporation operated the Troilus Project as an open‐pit mine, producing more than 2,000,000 ounces of gold and nearly 70,000 tonnes of copper.

IR Contact

Spyros Karellas
4164335696
[email protected]
www.troilusgold.com

Address

65 queen street west suite suite 800
Toronto, ON M5H 2m5
Canada

Cautionary Information

© Copyright 2018, Denver Gold Group & Troilus Gold Corp.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Cautionary Statement Regarding Forward Looking Statements, Including Outlook

Statements and certain information contained in this presentation and any documents incorporated by reference may constitute “forward-looking statements” within the meaning of applicable Canadian securities legislation which may include, but is not limited to, information with respect to the Corporation’s expected production from, and further potential of, the Corporation’s properties; the Corporation’s ability to raise additional funds; the future price of minerals, particularly gold and copper; the estimation of mineral resources; conclusions of economic evaluation; the realization of mineral reserve estimates; the timing and amount of estimated future production; costs of production; capital expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental risks. Often, but not always, forward-looking statements/information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements/information is based on management’s expectations and reasonable assumptions at the time such statements are made. Estimates regarding the anticipated timing, amount and cost of exploration and development activities are based on assumptions underlying mineral reserve and mineral resource estimates and the realization of such estimates are set out herein. Capital and operating cost estimates are based on extensive research of the Corporation, purchase orders placed by the Corporation to date, recent estimates of construction and mining costs and other factors that are set out herein. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include: uncertainties of mineral resource estimates; the nature of mineral exploration and mining; variations in ore grade and recovery rates; cost of operations; fluctuations in the sale prices of products; volatility of gold and copper prices; exploration and development risks; liquidity concerns and future financings; risks associated with operations in foreign jurisdictions; potential revocation or change in permit requirements and project approvals; competition; no guarantee of titles to explore and operate; environmental liabilities and regulatory requirements; dependence on key individuals; conflicts of interests; insurance; fluctuation in market value of Euro Sun Mining’s shares; rising production costs; equipment material and skilled technical workers; volatile current global financial conditions; and currency fluctuations; and other risks pertaining to the mining industry. Although Euro Sun Mining has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein or incorporated by reference are made as of the date of this presentation or as of the date of the documents incorporated by reference, as the case may be, and Euro Sun Mining does not undertake to update any such forward-looking information, except in accordance with applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained or incorporated by reference in this document is presented for the purpose of assisting shareholders in understanding the financial position, strategic priorities and objectives of the Corporation for the periods referenced and such information may not be appropriate for other purposes.
*Mineral resource estimates reported in this presentation are based on a National Instrument 43-101 compliant technical report titled “Technical Report on the Troilus Gold-Copper Mine Mineral Resource Estimate, Quebec, Canada” completed by Roscoe Postle Associates Inc. (“RPA”)for Pitchblack Resources, with an effective date of November 20, 2017. This document can be found on Troilus’ (formerly Pitchblack Resources) SEDAR profile at www.sedar.com.

The mineral resource estimate was prepared and reviewed by Mr. Luke Evans, Executive Vice President, Geology and Resource Estimation, Principal Geologist at RPA.  Mr. Evans is an independent Qualified Person in accordance with the requirements of National Instrument (NI) 43-101 and has approved the scientific and technical disclosure herein.

The technical and scientific information in this presentation has been reviewed and approved by Blake Hylands, P.Geo., a Qualified Person as defined by National Instrument 43-101.

Troilus Gold Corp

Toronto Venture Exchange : TLG

Last Updated: February 14, 2018

Corporate Materials
Status: Explorer
Primary Mineral: Gold
Secondary Mineral: Copper
Primary Country of Operation: Canada
Value Drivers
  • Past operating project in excellent minng jurisdiction, with outstanding infastructure
  • multi million ounce mineral resource, with incredible resource expansion opportunity
  • Excellent upside potential with incremental dollars, with experienced and seasoned professionals focued on timeline to production and restart
Top Shareholders
  • Sulliden Mining Capital
  • M and G London
  • Royal Bank Investment Management and Don Smith
Management
Chairman: G. Scott Moore
CEO: Justin Reid
CFO: Denis arsenault
Other Key Staff: Paul Pint - President
Capital Structure
Common Shares Outstanding: 41,510,620
Float (%): 70.00
Warrants Outstanding: 14,030,000
Options Outstanding: 4,100,000
Fully Diluted Shares: 59,640,620
Stock as of Feb 21, 2018 10:03 AM MST | Exchange: Toronto Venture Exchange
Last Trade: Feb 21, 2018 4:19 PM MST Local: CAD Ch. Since Last
Last Price 1.99 -0.04, -1.9704% 1.57
Volume 10.86 K
Avg. Vol. 51.32 K
Bid 1.97 2.01 1.55
Mid 1.98 2.02 1.56
Ask 1.99 2.03 1.57
Open 2.00 2.04 1.58
High 2.00 2.04 1.58
Low 1.97 2.01 1.55
Close 2.03 2.07 1.60
52-Wk High 2.25 2.29 1.77
52-Wk Low 1.80 1.84 1.42
1-Wk High 2.03 2.07 1.60
1-Wk Low 1.93 1.97 1.52
Dividend 0.00 0.00
EPS -0.40 -0.32
Market Cap 4.94 M 4.94 M 3.89 M
Price 1 Wk Ago 1.95 1.99 1.54
Price 1 Mnth Ago 2.24 2.28 1.77
Price 3 Mnth Ago 1.95 1.99 1.54
Price 6 Mnth Ago 1.95 1.99 1.54
Price 1 Yr Ago 1.95 1.99 1.54

IR Contact

Spyros Karellas
4164335696
[email protected]
www.troilusgold.com

Address

65 queen street west suite suite 800
Toronto, ON M5H 2m5
Canada

Cautionary Information

© Copyright 2018, Denver Gold Group & Troilus Gold Corp.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Cautionary Statement Regarding Forward Looking Statements, Including Outlook

Statements and certain information contained in this presentation and any documents incorporated by reference may constitute “forward-looking statements” within the meaning of applicable Canadian securities legislation which may include, but is not limited to, information with respect to the Corporation’s expected production from, and further potential of, the Corporation’s properties; the Corporation’s ability to raise additional funds; the future price of minerals, particularly gold and copper; the estimation of mineral resources; conclusions of economic evaluation; the realization of mineral reserve estimates; the timing and amount of estimated future production; costs of production; capital expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental risks. Often, but not always, forward-looking statements/information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements/information is based on management’s expectations and reasonable assumptions at the time such statements are made. Estimates regarding the anticipated timing, amount and cost of exploration and development activities are based on assumptions underlying mineral reserve and mineral resource estimates and the realization of such estimates are set out herein. Capital and operating cost estimates are based on extensive research of the Corporation, purchase orders placed by the Corporation to date, recent estimates of construction and mining costs and other factors that are set out herein. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include: uncertainties of mineral resource estimates; the nature of mineral exploration and mining; variations in ore grade and recovery rates; cost of operations; fluctuations in the sale prices of products; volatility of gold and copper prices; exploration and development risks; liquidity concerns and future financings; risks associated with operations in foreign jurisdictions; potential revocation or change in permit requirements and project approvals; competition; no guarantee of titles to explore and operate; environmental liabilities and regulatory requirements; dependence on key individuals; conflicts of interests; insurance; fluctuation in market value of Euro Sun Mining’s shares; rising production costs; equipment material and skilled technical workers; volatile current global financial conditions; and currency fluctuations; and other risks pertaining to the mining industry. Although Euro Sun Mining has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein or incorporated by reference are made as of the date of this presentation or as of the date of the documents incorporated by reference, as the case may be, and Euro Sun Mining does not undertake to update any such forward-looking information, except in accordance with applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained or incorporated by reference in this document is presented for the purpose of assisting shareholders in understanding the financial position, strategic priorities and objectives of the Corporation for the periods referenced and such information may not be appropriate for other purposes.
*Mineral resource estimates reported in this presentation are based on a National Instrument 43-101 compliant technical report titled “Technical Report on the Troilus Gold-Copper Mine Mineral Resource Estimate, Quebec, Canada” completed by Roscoe Postle Associates Inc. (“RPA”)for Pitchblack Resources, with an effective date of November 20, 2017. This document can be found on Troilus’ (formerly Pitchblack Resources) SEDAR profile at www.sedar.com.

The mineral resource estimate was prepared and reviewed by Mr. Luke Evans, Executive Vice President, Geology and Resource Estimation, Principal Geologist at RPA.  Mr. Evans is an independent Qualified Person in accordance with the requirements of National Instrument (NI) 43-101 and has approved the scientific and technical disclosure herein.

The technical and scientific information in this presentation has been reviewed and approved by Blake Hylands, P.Geo., a Qualified Person as defined by National Instrument 43-101.