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CNC 1.58 +15.3% ALS 58.82 −0.4% SRA 0.780 +0.0% FCI 0.350 +6.1% AUXX 7.02 +4.6% SGQ 0.350 +0.0% TECK 86.52 +7.0% BIG 0.780 +32.2% PTU 0.320 −3.0% GZD 0.080 −11.1% AFM 1.44 +0.7% VCT 0.060 +0.0% BEM 0.060 −7.7% NMI 0.195 +0.0% VLD 0.540 +0.0% BOL 0.080 +6.7% CNC 1.58 +15.3% ALS 58.82 −0.4% SRA 0.780 +0.0% FCI 0.350 +6.1% AUXX 7.02 +4.6% SGQ 0.350 +0.0% TECK 86.52 +7.0% BIG 0.780 +32.2% PTU 0.320 −3.0% GZD 0.080 −11.1% AFM 1.44 +0.7% VCT 0.060 +0.0% BEM 0.060 −7.7% NMI 0.195 +0.0% VLD 0.540 +0.0% BOL 0.080 +6.7%
Production / Operations

Troilus Surpasses 85% Completion of Basic Engineering With BBA; Project on Schedule and Advancing Towards Construction Readiness

By The Northwire Desk — AI Analysis Oct 15, 2025 · 07:00 TLG · 1.5 Troilus Mining Corp.
TLG · Price

Executive Summary

  • Basic engineering of the Troilus copper‑gold project is now >85% complete, advancing toward a construction decision in 2026.
  • All RFQs have been issued and firm bids received for major equipment, enabling refined capital cost estimates and vendor selection.
  • Detailed project execution plans, facility layouts, and 3D model reviews are well underway, supporting construction readiness and commissioning preparation.

Key Details

  • Basic engineering progress has moved from the June 2025 update to >85% completion.
  • Trade‑off studies and process flowsheet definition were completed earlier in 2025; focus now on cost estimation, procurement, and execution planning.
  • Procurement: All Requests for Quotations (RFQs) have been issued to the market; technical and commercial assessments of major equipment are nearing completion with firm bids received.
  • Cost Estimation: Capital cost estimates are being refined based on vendor evaluations and received bids.
  • Project Execution Plans: Developed covering contracting strategy, construction sequencing, and overall delivery framework.
  • Construction Readiness: Layouts for construction facilities finalized to optimize logistics and cost planning.
  • 3D Modeling: Review of 3D models for the processing plant, dry comminution circuit, and site infrastructure is >30% complete.
  • Commissioning Preparation: Systems identified and sequenced to ensure a structured transition from construction to operations.
  • CEO Justin Reid emphasized disciplined progress, de‑risking of the project, and confidence in meeting the year‑end target for basic engineering completion.

Notable Quotes

“We continue to make disciplined and measurable progress thanks to the expertise of our in‑house team and BBA Consultants… With all RFQs issued and execution plans in place, we continue to advance and refine definitions around scope, costs and delivery strategy.” – Justin Reid, CEO

Read the original news release →

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