October 8, 2024 – TheNewswire - Vancouver, B.C. - Troy Minerals Inc. (“Troy” or the “Company”) (CSE: TROY; OTCQB: TROYF; FSE: VJ3) is pleased to announce the commencement of a comprehensive field reconnaissance, mapping, and geochemical sampling program at its Table Mountain Silica Project near Golden, British Columbia.

 

Highlights:

 

• Field program to include detailed geological mapping and systematic geochemical sampling. 

• Work aims to further define high-grade silica zones identified in historical exploration. 

• Results will guide future drilling and resource delineation efforts. 

 

The field program is designed to build upon historical exploration data and further refine the Company's understanding of the high-grade silica mineralization at the Table Mountain Project. The work will focus on areas of known silica occurrences and explore additional targets.

 

"We are excited to begin this important phase of work at Table Mountain," said Rana Vig, President & CEO of Troy Minerals. "This field program represents a crucial step in advancing our understanding of the project's potential and will provide valuable data to guide our future exploration efforts."

 

The Table Mountain Silica Project, located approximately 4 kilometers east of Golden, BC, covers an area of 1,698 hectares. Historical exploration has indicated the presence of high-purity silica, with grab samples grading up to 99.74% SiO2. (1)(2) *

 

Field work is expected to continue for approximately 5 weeks, with initial results anticipated following the completion of the program. The Company will provide updates as significant findings emerge from the program.

 

Qualified Person

 

Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a “Qualified Person” as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Table Mountain Project vendor.

  

Sources

1. (1)https://apps.nrs.gov.bc.ca/pub/aris/Report/37402.pdf/ 

2. (2)Troy News Release dated June 10, 2024: “Troy Minerals Enters into Binding Letter of Intent to Acquire CBGB Ventures Corp.” 

 

* Cautionary Note

The reader is cautioned that grab samples are selective by nature and may not represent the true grade or style of mineralization across the property.

  

ON BEHALF OF THE BOARD,

 

Rana Vig | President and Director Telephone: 604-218-4766

Email: rana@ranavig.com

Forward-Looking Statements

Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Troy Resources Inc. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of commodity prices, and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

  

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.