Troy Minerals Inc. provided an update on its Green Gold Property that has an aggregate area of 7,587 hectares located in central British Columbia in the Cariboo Mining Division, approximately 34 kilometers (km) southwest of the city of Prince George. Provincial Highway 16, power, a natural gas line and CN rail are located near the north end of the property. Interior logging roads and clear cuts support easy access to all of the claims. Work recently completed on the Company's 2022 Phase One program included 466 soil samples and 120 meters of winkie drilling.

The soils collected were in zones adjacent to areas that have previously been sampled in the past and offered potential for extending existing soil anomalies. Winkie drilling was used as a quick method of determining underlying bedrock lithologies in areas highlighted as conductors from previous ground and airborne geophysics which was prioritized by New Gold Inc. for follow up in 2020. As the Company has a five-year Multi Year Area Based (MYAB) permit in place with drill targets defined based on airborne and ground-based conductors, Mag anomalies and coincident soil anomalies, the 2022 work program is focused on gathering more information to prioritize diamond drill targets for the 2023 exploration season.

Historic work on the claims by previous owners, including New Gold Inc., includes 295 km of airborne Mag, EM and Radiometrics, and 47-line km of ground MAG and 3D IP. Over 2700 soil samples collected (1470 conventional soils by Rupert Seel 2007-2010 and 1260 enzyme leach samples by New Gold Inc., 2017-2020) and 388 meters of diamond drilling in 2014 by 0902744 BC Ltd. The Green Gold Property sits astride NW trending Pinchi Fault which separates the early Mesozoic Takla Group to the east from the late Paleozoic Cache Creek Group to the west and regionally hosts multiple developed targets and mines (current and past producing). Targets are intrusive related (Narrow white quartz veins and black quartz in intensely altered feldspar porphyry) and serpentinized quartz-carbonate-mariposite altered ultramafics (listwanite).

Potential for skarn mineralization to the west in limestones.