Troilus Gold Corp. has announced that drill results from its high-grade gold-copper-silver Testard target located approximately 10 kilometres south of the main mineral corridor and former mine site. The new gold discovery is located on a group of five Globex royalty property cells acquired from Globex in 2020 as part of a larger 91 cell acquisition deal.

Under the transaction, Globex received 350,000 Troilus shares and retains a 2% Gross Metal Royalty of which 1% may be purchased for $1 million. New gold discovery drill holes TES-21-001 and TES-21-002 intersected gold-rich quartz veins. Assays reported by Troilus are as follows: Hole TES-21-002 intersected: 4.63 g/t gold over 7.6 metres including 20.2 g/t gold over 1.2 metres; 7.12 g/t gold over 1.4 metres. Hole TES-21-001 intersected highlights including: 1.96 g/t gold over 3.8 metres, including 2.68 g/t gold over 1.8 metres; 4.86 g/t gold over 0.75 metres.