Emgold Mining Corporation announced it has received TSX Venture Exchange approval and acquired a 1% Net Smelter Royalty ("NSR") on the Troilus North Property, part of the 16,000 ha Troilus Gold Project (the "Project") in Quebec. The Project is being advanced by Troilus Gold Corporation and is one of the largest undeveloped gold deposits in North America. The Project, which hosts the past producing Troilus Mine, is located northeast of the Val-d'Or mining district, 160 km north of Chibougamau. From 1997 to 2010, Inmet Mining Corporation operated the Troilus Mine as an open-pit and underground operation, producing more than 2 million ounces of gold and nearly 70,000 tonnes of copper. Emgold originally acquired Troilus North in 2018 and filed a technical report titled, "Troilus North Property, Troilus-Frotet Volcano-Sedimentary Belt, Opatica Geological Sub-province, Quebec, Canada", prepared for Emgold Mining Corporation by Donald Théberge, P.Eng., MBA, with Effective Date October 10, 2018 (the "Troilus North Technical Report"). The Troilus North Technical Report is available on SEDAR under Emgold's issuer profile. The Troilus North Technical Report summarized historical work done on the Troilus North Property and discussed six exploration targets that had been identified. It recommended exploration work proposed for the Troilus North Property. One of the main exploration targets identified was the "Troilus Mine Extension", which was a target identified primarily from geophysics work that shows potential to expand mineralized zones from the adjacent Troilus Gold Property (4,700 ha in size at that time) onto adjacent the 11,300 ha Troilus North Property. In December 2018, Troilus Gold acquired Troilus North from Emgold for CAD 250,000 in cash and 3.75 million Troilus Gold common shares. Two underlying royalties remained on the property, including a 1% NSR granted to CAT Strategic Metals. Emgold has acquired the CAT royalty for a cash payment of CAD $75,000. Troilus Gold retains first option to acquire this 0.5% of this royalty for a cash payment of CAD 500,000 and a second option to acquire the remaining 0.5% of this royalty for an additional cash payment of CAD 500,000.