About the copper-gold Troilus Project
A Legacy of Mining, A Sustainable Future
The Troilus site has a rich mining history, operating successfully as a gold and copper mine from 1996 to 2010. Today, we are advancing a new phase of responsible resource development, focused on delivering long-term economic benefits while prioritizing modern sustainability practices.
Since acquiring the mine site in 2017, we have conducted extensive geological exploration and drilling, revealing a significantly larger copper and gold deposit than previously understood. In 2024, we completed a comprehensive engineering study, confirming the strong economic viability of responsibly extracting this expanded mineral resource.
Results of the Feasibility Study:
22 Years Mine Life
536,400oz Peak Annual Avg Aueq Production
303,000oz Avg Annual Aueq Production Lom
6.7Moz Total Recovered Ounces Aueq
As part of the permitting process, we are now conducting an Environmental and Social Impact Assessment (ESIA) to ensure that all environmental, social, and community considerations are thoroughly addressed. This assessment is critical in incorporating feedback from stakeholders, meeting regulatory requirements, and shaping the project’s development in a responsible and transparent manner. Learn more about the ESIA process HERE [See content below].
We are actively engaging with local and Indigenous communities, listening to concerns, sharing information, and integrating feedback into our plans. Our commitment is to work collaboratively to ensure that the Troilus Project is developed in a way that reflects community values, respects the environment, and contributes positively to the region for generations to come.
Participate in the Environmental and Social Impact Assessment ProcessProject History: A Rich Legacy of Mining
A Legacy of Mining, A Sustainable Future
Project Timeline:
1950’s Initial Exploration
1986 Initial drilling
1993 Positive Feasibility Study
1996-2010 Inmet Mining Corp. operated the Troilus Mine, producing +2 million ounces of gold and 70,000 tonnes of copper over a 14 year mine life. The mine is subsequently shut down and put on care and maintenance.
2012 First Quantum Minerals acquires Inmet Mining Corp.
2017 The Troilus Project is acquired privately from First Quantum
2018 Troilus Gold Corp. is formed and begins trading on the Toronto Stock Exchange
2018-2023 +325,000 metres of drilling are conducted on the Troilus property; gold and copper mineral resources expand +500% and the deposit is now among the largest undeveloped projects in Canada.
2024A Feasibility Study is completed, showcasing a 22-year mine life producing an annual average of 135.4 million pounds of copper equivalent, or 303,000 oz of gold equivalent per year.
2025Detailed engineering began with BBA Inc. in early 2025.
2022-2026The Federal and Provincial permitting process has been underway since early 2022.
2024-2025Project funding is progressing for the $1.08 billion capital requirement for the Troilus mine.
2027-2029Pre-development, construction and pre-production are expected.
The Former Troilus Mine 1996–2010:
A Journey of Community, Culture, and Positive Change
This heartfelt documentary reflects on the legacy of the former Troilus Mine, which operated between 1996 and 2010. As the site nears its final closure, the video captures emotional recollections and insights from employees - many of whom are Indigenous Crees - who played a vital role in its success. Their stories highlight not only the mine's economic and social impact but also a model of inclusive development and cultural respect in the Canadian North.