Troilus triples value to $3.2B, closes in on funding

AI desk brief

Troilus’ updated Quebec study more than triples project value to an after-tax NPV of $3.2B, with a 22% IRR, 3.6-year payback and 26-year mine life versus the prior $884.5M NPV and 14% IRR in the 2024 feasibility study. The model now assumes long-term gold at $3,600/oz, copper at $5/lb and silver at $50/oz, while initial capex rises to about $1.43B and AISC is estimated at roughly $1,340/oz payable gold net of byproduct credits.