May 2 2019
Troilus Gold Corp. has introduced a 3-year multidisciplinary research program, titled “Troilus POD Project” (Prospecting and Ore Discovery), for the Troilus Gold Project together with Western University’s Department of Earth Sciences and Université Laval.
This program is aimed at better understanding the mechanisms of gold mineralization and possible exploration vectors on the Troilus property. It is anticipated that the company will use these details to produce exploration targets and to enhance overall drilling efforts.
Researchers, with better knowledge of the fundamental processes in the formation of gold-copper deposits of Troilus, will establish the exploration strategies using new scientific approaches and technologies as well as innovative prospecting tools for ore discovery applications using analytical techniques and sophisticated computing.
We are very excited to collaborate with leading experts in the field and believe that this research program could result in exciting new opportunities for the Troilus project.
Justin Reid, CEO, Troilus
The following main team members, accompanied by Troilus management, will direct and manage the research project, which involves the ongoing collaboration of industry professionals, MSc and PhD students.
Dr Neil Banerjee is an associate professor in the Department of Earth Sciences at Western University and holds an NSERC Industrial Research Chair in Advanced Mineral Exploration. He is considered a principal scientist in old and new hydrothermal systems, biogeochemistry, and mineral exploration, especially in old greenstone belts. His important contributions include exploration and development of gold projects in Ontario, Quebec, Manitoba, and Northwest Territories in Canada and nationwide. His research team merged laboratory, fieldwork, computational, and experimental approaches to offer value over the life of mine cycle.
Specifically, his research group has developed a new way of using the cutting-edge synchrotron technology that offers a powerful tool to deal with industry-relevant issues using a high-fidelity analytical method that is both cost-effective and rapid. This advancement offers trace element analysis and mapping of ore minerals with parts per million detection limits, identifying the speciation of elements to develop geometallurgy and ascertain the mineralogical makeup of mineral processing residues, geological materials, and mine wastes. In combination with these techniques, now it is feasible to make informed decisions with a richer, more complete characterization of these complex materials.
Dr Georges Beaudoin has been Professor of Economic Geology at Université Laval from 1993 and has held the NSERC-Agnico Eagle Industrial Research Chair in Mineral Exploration at Université Laval from 2012. He is the director of the Centre de recherche sur la géologie et l’ingénierie des ressources minérales (E4M), a known research center at Université Laval with 30 faculty staff. He developed a global reputation in the use of CO2 in mine waste management, which led a multidisciplinary research team to explain the feasibility of reaction of CO2 in air with mine waste.
He has been recognized as a worldwide expert in hydrothermal ore deposits, metallogeny, and isotope geochemistry, as well as his world leadership research in indicator mineral methodologies for exploration. His research on magnetite chemistry has created a new research field for indicator minerals. He is the editor of Mineralium Deposita, from 2012, a leading global scientific journal in the field of mineral deposits. He has been President (from 2013 to 2015) of the Society for Geology Applied to Mineral Deposits (SGA) and international scientific society with >1,300 members.
The in-depth study of the Troilus deposit will be a unique opportunity to understand what is at this time a relatively uncommon type of gold-copper mineralization in northern Québec. We look forward to working with Troilus’ team and using this new knowledge to improve and streamline prospecting efforts on their property.
Dr Neil Banerjee, Troilus
In this research work, the total expenditure was about $1.95 million over 3 years, of which Troilus will contribute $250,000 per year for a total of $750,000.