08:50 AM EST - Troy Minerals Inc. : Announced the strategic expansion of its Lake Owen Project, located 50km southwest of Laramie, Wyoming, USA by adding a significant number of neighboring claims. The new Claims staking process followed the conclusion of the Company's first phase geological program that took place in H2 2024. The exploration program consisted of first pass geological mapping, diamond drilling and sampling. Results of this program will be reported in due course. "Our Lake Owen Project compliments our overall portfolio of strategic exploration assets in Canada, USA and Mongolia." stated Yannis Tsitos, President of Troy Minerals. " The addition of 85 claims on our Wyoming holdings, now brings our total number of claims to 185 and was made to increase the amount of potentially fertile magnetite-rich gabbro in the Property. Our near-term goals are to explore the layered mafic intrusion for vanadium and titanium mineralization, which also includes ‘reef' style PGE (Platinum Group Elements) mineralization as noted by historic work and drilling on the Property by Chevron and, the potential for basal massive Cu and Ni sulfide mineralization along the Proterozoic- contact." The Lake Owen Project has effectively been doubled and now comprises 1433 hectares from 714 hectares before the new staking. The newly acquired claims are accessible through existing infrastructure and cover strategic land adjacent to the existing Lake Owen claims Troy Minerals Inc.
shares C.TROY are trading up 1 cent at $0.15.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=TROY%3ACNX&qmodStoryID=5933918574270064
