Articles On Troy Resources (ASX:TRY)

The company’s shares rose to touch a 2.5-year high on news of intersecting high-grade gold mineralisation at its Smarts Underground prospect, Karouni Project, Guyana.

Troy Resources has hit the jackpot with a four-ounce-to-the-tonne gold strike over 11m from 223m downhole in its latest diamond drill hole at the Smarts Underground deposit at its operating, million-ounce, Karouni gold project in Guyana, So...

A three-hole drilling program to define an initial ore reserve at the Smarts Underground prospect within the Karouni gold project in Guyana, South America has returned a “world-class and spectacular” drilling result for owner Troy Resources...

Summary Troy reports September quarter production of 6,334 ounces of gold from 201,812 metric tonnes of ores Troy is optimistic to attain targeted FY2021 production of 35,000-40,000 ounces of gold with an AISC of US$1,450 – US$1,550 per...

Troy Resources has bagged fresh, multiple ounce-to-the-tonne gold hits in the first hole of its current ore reserve definition drill program at the Smarts Underground deposit at its operating, million-ounce, Karouni gold project in Guyana,...

Summary Karouni, Troy’s crown jewel in the Guiana Shield, hosts extensive brownfield exploration opportunities. The Company recently announced upgraded mineral resource of 1.007 million ounces of gold, and diamond drilling program is in...

Seasoned gold miner and operator of Karouni Gold operations in Guyana, Troy Resources Limited (ASX:TRY) released the production outlook for the financial year 2020-21 and mineral reserves & resources statement updated as of 30 June 2020...

GUYANA gold miner Troy Resources expects to “materially increase” gold reserves next quarter at its Karouni project and has confirmed modest ...

South American focused gold miner, Troy Resources, has crunched the numbers to upgrade the mineral resource estimate at its Karouni gold project in Guyana to a healthy 1,007,000 ounces from 16 million tonnes grading 2.0 g/t gold.

Summary Strong demand for gold backed ETFs boosted gold prices, supporting revenue growth of gold miners. Troy Resources’ Karouni projects with a mineral reserve of over 1,203,000 of ores and a gold grade of 1.9 g/t, produced over 23,58...

Summary Diamond drilling commenced at the high-grade Smarts underground deposit. Remaining three to four holes targeted to determine the final upgraded Mineral Reserve Estimate, expected to be released in Q4 2020. Previous drilling pro...

South American focused gold miner, Troy Resources has the drill rods turning again at the Smarts underground area of its Karouni gold project in Guyana, South America.

Summary Troy Resources, a gold miner with over 35 years of experience has acquired, explored and developed five mining operations in Australia and overseas Troy’s well-renowned management with extensive experience across the mineral pro...

Summary With gold prices trading at record highs, the environment is ideal for gold sector players to flourish and grow.  Troy’s gold resource currently demonstrates 986,000oz with gigantic exploration potential for further gold depo...

Summary Troy Resources completed its first stage of the diamond drilling campaign, marked by robust drilling results of all the five holes.  The Company’s greenfield drilling campaign at Gem Creek have confirmed expected lithologies,...

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

Troy Resources has hit 2m going 31.38 g/t gold from 175m down hole in the latest drill hole at its Smarts underground prospect in South America.

The Troy Resources Ltd (ASX: TRY) share price is rocketing higher today, after the miner released an exploration update regarding its gold project in Guyana. The Troy Resources share price is currently trading 23.81% higher up to 13 cents....

Middle Island Resources (ASX: MDI) has reported “bonanza” gold grades — including 4m at 99.5 grams per tonne — from its new Ridge satellite deposit at the company’s Sandstone project in Western Australia. The company said many of the best i...

Troy Resources has returned multiple hits at its Karouni gold project in Guyana, South America, with its Smarts underground prospect throwing up drill numbers like 19m at 9.15 g/t gold from 173m down-hole, including 5m going 24.24 g/t gold.

Gold explorer Alto Metals (ASX: AME) has confirmed the discovery of a thick zone of shallow gold mineralisation south of the Lord Nelson open pit at the Sandstone gold project, 600 kilometres north of Perth. The company discovered the 36m-t...

Troy Resources has tabled impressive results from the Smarts deposit at its Karouni gold operations in South America.

Gold producer Troy Resources (ASX:TRY) has returned “spectacular” gold intercepts at the Smarts prospect within its Karouni project in Guyana, South America. The small cap miner had previously removed the Smarts prospect from its undergroun...

High-grade mineralisation extends over several sections along a strike length of about 100 metres, rendering this zone within the Hicks 4 Pit as a continuous, coherent high-grade mining target.

ASX-listed Troy Resources is back on track at its Karouni gold mine in Guyana, South America with mining now in full swing again and ongoing exploration success.

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by selling stocks you do not actually own in the hope of bu...

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

Troy Resources is set to resume mining operations at its Karouni gold project in South America, after locking away nearly $15 million in funding.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Troy Resources has hit the ball out of the park with an amazing 17m drill intersection going nearly 5 ounces to the tonne gold in South America.

Troy Resources has successfully boosted its in-ground gold ounces courtesy of a recent discovery at the Karouni project in South America.

With gold currently in what analysts are calling a decade long bull run, now is the time to look at its trailing sister metal, silver, and the ASX stocks that have exposure. According to renowned economist and author Jim Rickards, we are in...

Troy Resources has boosted its Karouni gold project in Guyana with the mining of a new deposit and the upgrade of its mineralised inventory.

Troy Resources Limited (ASX: TRY) has reported the annual Mineral Resource & Ore Reserve Statement as of 30 June 2019. Smarts – Probable Reserve of 447k tonnes @ 3g/t Au for 42.7k contained ounces Hicks – Probable Reserve of 165k tonne...

Troy Resources is now debt-free and will look to channel its energies into the flagship Karouni gold operation in Guyana.

Troy Resource Limited (ASX: TRY) has announced that it has made the final payment of US$1.792 million to Investec Bank Plc under its long standing US$71.57 million debt facility. Troy entered the debt facility in June 2014, and it was use...

AFTER a tough run for the past few years, some good news from Troy Resources which is now debt-free and looking ahead to dividends after making ...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by “selling” stocks you do not actually own in the hope of...

Troy Resources has revised its gold production outlook for the Karouni project in Guyana, following an unprecedented wet season.

Troy Resources is successfully boosting its in-ground gold ounces courtesy of an in-fill drill program at its Karouni project.

Gold explorer Musgrave Minerals (ASX:MGV) is bringing in some help to look for gold at its Cue project in Lake Austin, around 700km north of Perth. The company has entered into a joint venture with much bigger gold producer Evolution Mining...

WHILE RAMcap's attempts to remove Troy Resources director John Jones fizzled after lawyers determined that section 249D request was invalid, the ...

Troy Resources’ drilling at the Ohio Creek prospect within its Karouni gold project in Guyana has returned further high-grade intersections.

Troy Resources' work at Ohio Creek in Guyana is continuing to return high-grade hits from infill drilling to the north-west of the existing Tallman pit, and ...

Imagine having a maximum wage. No not minimum, maximum.  Troy Resources (ASX:TRY) does, with a limit of $800,000 for the board collectively, but shareholders want that cut by 75 per cent. A board letter to shareholders on one hand said dire...

Its been a tough few years for Lakes Oil (ASX:LKO) with a falling share price and a moratorium on gas exploration in Victoria. Australia’s richest woman, Gina Rinehart, has revealed that this year she’s sold $280,000 of her stake in the com...

JOHN Jones is again under pressure from a group of disgruntled shareholders at Troy Resources, but solicitors for the company have deemed a ...

At the start of the year James Chisholm’s stake in Atrum Coal (ASX:ATU) was just under $4m. But he’s retired from the board and sold his shares to Regal Funds Management, which now holds 13.5 per cent of the company. With Atrum’s rise from...

The recent surge in the gold price that has seen it hit a six-year high of US$1442.90 per ounce isn’t showing any signs of abating. The news is even better for Australian gold companies as there has been little movement in the Australian do...