Troilus Selects Metso for Major Process Equipment as Project Advances Towards Construction
Troilus selected Metso for crushers, HPGRs and ball mills, with a definitive package due in September.
On Aug 25, 2026, Troilus Mining Corp. announced it selected Metso Corporation for the first phase of major process equipment procurement for the Troilus gold-copper project in Québec. Troilus issued Metso a Letter of Award and a Limited Notice to Proceed. The award covers gyratory and cone crushers, apron and belt feeders, wet and dry screens, High Pressure Grinding Rolls, and ball mills.
This is not yet a definitive supply agreement. The LOA/LNTP secures commercial terms and allows detailed engineering to advance while definitive equipment and service agreements are finalized. Metso is being integrated into detailed engineering, with workshops underway on equipment interfaces, plant layout, 3D modelling, and construction planning. Troilus is also initiating Early Contractor Involvement with specialized contractors.
The parties are negotiating a Life Cycle Services framework including Canadian/Québec commissioning support, capital spares, extended warranty, a proposed on-site HPGR service center, and workforce training. Definitive agreements are targeted for September 2026. Additional major equipment orders and key construction/mining contract awards are expected in H2 2026. No contract value, limited notice payment, or capital cost impact was disclosed.
Troilus Mining Corp. (TLG) announced a procurement milestone involving the engagement of a major original equipment manufacturer (OEM) for a major process equipment package. This development follows prior disclosures in June 2026, which stated that the package was advancing through final technical and commercial evaluation and selection.
The announcement is structured as a procurement milestone rather than a binding definitive contract. The limited notice to proceed does not constitute a full construction decision or financing close. No financial terms, revised capital expenditures, financing updates, or production economics were provided.
In context, the release aligns with the company’s stated plan to advance detailed engineering, procurement, and construction readiness during 2026. The stock had already closed at C$2.20 prior to the release, near its 52-week high of C$2.28.
Troilus Mining Corp. is a Canadian development-stage mining company focused on the former gold-copper Troilus mine in Québec. The project is located in the Frôtet-Evans Greenstone Belt and holds a 435 km² land position.
A May 2024 Feasibility Study supports a 22-year, 50,000 tonne-per-day open-pit operation. Feasibility study production parameters include average annual production of about 303,000 AuEq ounces, or 135.4 million pounds copper equivalent, with peak production of about 536,400 AuEq ounces.
The project has secured a 70 MW hydroelectric power allocation from Hydro-Québec and Québec’s MEIE, with 107 km of 161kV powerlines already constructed and connected to a site substation. The Environmental and Social Impact Assessment was submitted in June 2025 and remains under review.
Basic engineering was completed in March 2026, with detailed engineering now underway under BBA Consultants and EBC Inc. Metso has now been selected for the first major process equipment package.
The company has outlined a 40,000-metre 2026 exploration program targeting Z87, West Rim, Connector Zone, Bear Lake, and regional targets. Royalty status of the property is not disclosed in the provided materials.