Troilus Gold Corp. reported additional assay results from the Southwest Zone at its 100%-owned Troilus deposit, located in northcentral Quebec, Canada, as part of an ongoing drill program primarily targeting the Southwest Zone in advance of a new mineral resource estimate and Pre-Feasibility Study scheduled for completion in the first half of 2022. The Southwest Zone is located approximately 2.5 kilometres southwest of the former mine and main mineral zones, directly adjacent to the access road of the Troilus mine site.

Initially discovered and drilled in late 2019, the Southwest Zone has become one of the most significant areas of mineral growth on the property, with a mineral strike length that has more than doubled to 1.85 kilometres in the last 12 months. The majority of intercepts reported herein are located at surface, outside of the pit shell proposed in the Preliminary Economic Assessment (“PEA”) from August 2020, including five holes targeting mineral extensions on the western edge of the Southwest ore body (holes SW-21-520, SW-21-521, SW-21-522, SW-21-537 and SW-21-538) which confirmed extensions of mineralization up to 85 metres down dip.