Creating long term shareholder value through focused exploration, discovery and acquisition

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About Us

Listing Date

September 8, 2022

Transfer Agent

Odyssey Trust Company

View Corporate Documents on SEDAR

Troy Minerals (CSE: TROY, OTCQB: TROYF, FSE: VJ3) is a Canadian based listed mining company, focused on building shareholder value through acquisition, exploration and development of strategically located “critical” mineral assets. Troy is aggressively advancing its projects within the silica (silicon), vanadium and rare earths industries, within regions that exhibit high and growing demand for such commodities, in both North America and Central-East Asia. The Company’s primary objective is the near-term prospect of production with a vision of becoming a cash-flowing mining company to ultimately deliver tangible monetary value to shareholders, state and local communities.

Troy controls and actively works on the following projects:

  • Table Mountain Silica project, located in British Columbia, Canada
  • Tsagaan Zalaa Silica project, located in Mongolia
  • Lake Owen Vanadium and Titanium project, located in Wyoming, USA
  • Lac Jaques REE (rare earths), located in Quebec, Canada
Find Details on Troy's Projects Here

Recent News

Troy Minerals Strengthens Leadership Team
Troy Minerals Targets Restart of Drilling at Tsagaan Zalaa
Troy Minerals Re-Establishes Drill Camp at Tsagaan Zalaa Silica Project Preparing for Final Phase of Drilling to Unlock High-Purity Silica Asset
Troy Minerals Restarts Fieldwork at Tsagaan Zalaa Silica Project in Mongolia
Troy Minerals Initiates Field Program at Table Mountain Silica Project
Troy Minerals Completes Infill Soil Sampling at Lac Jacques
Troy Minerals Completes Acquisition of CBGB Ventures Corp.
Troy Minerals’ Drill Program Underway at Lake Owen Project
View News Releases on SEDAR

Current Projects

Table Mountain Project

  • Location: 8km east of Golden, BC Canada.
  • Size: 1698 hectares with accessible infrastructure including roads, power, and natural gas.
  • Geology: grade silica in quartzites with minimal overburden.
  • Resource Potential: High-purity silica ideal for solar panels, electronics, and high-performance glass.
  • Project Highlights
  • Expected production start in 2026.
  • Quick permitting process and environmentally friendly mining practices.
  • Significant market potential due to increasing demand for high-purity silica in North American markets.
  • Strategic Importance: Positioned to serve North American markets, reducing dependency on imports and enhancing supply chain reliability.
  • Infrastructure: Trans-Canada Highway transects the Property, 6km from CPKC railyard.
  • Partnerships: Collaboration with local and regional authorities to ensure efficient project development and production.

Tsagaan Zalaa Project

  • Location: In Mongolia, near the China-Mongolia border, strategically positioned next to major high-purity silica-consuming countries.
  • Size: Significant landholding with high-purity silica deposits.
  • Geology: Rich deposits of high-purity silica, ideal for advanced technological applications.
  • Resource Potential: Exceptional silica grades above 99%.
  • Project Highlights
  • Minimal overburden and low strip ratio, making extraction cost-effective.
  • Expected production start in 2025.
  • Strategic Importance: Close-proximity to major markets in China, Japan, and Korea, ensuring efficient supply chain logistics and reduced transportation costs.
  • Partnerships: Supported by local and international strategic partnerships to facilitate development and production.

Lake Owen Project

(formerly SW2)

  • Location and size: 50Km Southwest of Laramie Wyoming USA. 100 unpatented lode mining claims/ over 1600 acres (648 hectares).
  • Ownership: Option to earn 100%.
  • Target: Proterozoic Lake Owen mafic to ultramafic layered intrusive complex (LOC). The LOC occurs as a steeply-dipping, layered intrusive near the margin of the Wyoming Craton (Archean); thick, tabular, magnetite-rich (titano-magnetite) cumulates with accompanying V/Ti and, Pt/Pd/Au/Rh-bearing sulfide horizons
  • Mineralization Model:
  • Massive to Semi massive titano-magnetite with Vanadium + 1% and Ti2O +1%.
  • PGE-Bearing sulfide layers with similarities to Stillwater and Merensky Reef.
  • Basal massive sulfide accumulations similar to those of the Mouat Deposit in the Stillwater Complex.
  • Blue Sky Potential: The tops of cumulates (Reefs) has anomalous PGE +- Au. Stillwater PGE Reef potential. Basal zones offer massive sulfide potential.
  • PGE Mineralization: Limited drilling (9 drill holes/1148 meters; 127.4 m average depth) by Chevron shows strong PGE mineralization in several of the drill holes.

Lac St. Jaques Project

  • The 2889 acre (1189 ha) property is located 250 km north of Montreal, or 3 hours driving distance, accessible via roads, and 2 km away from hydro power lines
  • Exploration work by Troy includes soil sampling, airborne geophysics, and diamond drilling. Historical work consisted of rock sampling and trenching.
  • Currently mapped, the formation being sampled is estimated to consist of a 4 km strike length and 25m width
  • Rare Earth Elements (“REE") mineralization associated with pegmatitic syenite to granite intrusives. 2023 drilling returned 0.25% Total Rare Earth Oxide (“TREO”) over 9 metres including 0.71% TREO over 1 metre (LJ23-01) and 0.26% TREO over 5 metres including 0.62% over 1 metre.

For additional exploration results and information please read the following news releases:

TickTock Property

  • The 1065-hectare Ticktock Property is located within the prolific Golden Triangle region of British Columbia, Canada.
  • Drive to access within 4km of property at the Forrest Kerr Hydroelectric plant or the Snip Landing Laydown area 6 km south. The property, lies 23km northwest of the historic Eskay Creek Mine, and 25 km northeast of the historic Snip Mine and sits between the Enduro Metals Newmont Lake property and the Aben Resources Forrest-Kerr property.
  • Underlain by the Stikine Terrane, the Ticktock Property hosts zones of skarn within Devonian aged marine sediments which contain lenses of massive sulphide and gold bearing quartz veins. Historic surface sampling on the property highlights the zones for Immediate follow up.
  • Northern Zone: Skarn composed of pyrite, chalcopyrite, arsenopyrite and magnetite within massive sulfide lenses and may host overlapping vein hosted gold mineralization.
  • Eastern Zone with pyrite and malachite hosted by Limestone.
  • Southern Zone with Devonian aged volcanics hosting gold beating quartz veins and stockworks.

Share Structure

Shares Issued & Outstanding
10000000
Warrants
10000
Options
1000000
Shares Fully Diluted
10000000

Our Management

Rana Vig

CEO / Director

Rana Vig has 30 over years of business experience during which time he has helped to launch five business ventures in private industry. He has been involved in publicly traded companies since 2010, and from 2011 to 2016 he was the President of Musgrove Minerals, an Idaho focused gold and copper mining exploration company, and from 2013 to 2016, he was the Chairman and CEO of Continental Precious Minerals Inc., a TSX senior board listed mining exploration company with a focus on advancing one of the largest uranium deposits in the world located in Sweden.

Mr. Vig is a former chair of BC Open Learning Agency, and serves on several public company boards and committees. He is active in many charitable and community organizations acting as director or advisor.

In November 2017, he was invited to the Canadian Senate to receive the Senate 150th Anniversary Medal – which were awarded to top Canadians actively involved in their communities who, through generosity, dedication and hard work, make their hometowns and communities, a better place to live.

Yannis Tsitos

President

Mr. Tsitos has over 35 years of experience in the mining industry, having spent 19 of those years with the BHP Billiton group. In his time in the industry, he has lived and worked in South Africa, Ecuador, Greece and United Kingdom, and has been working in Canada since 2000. Originally a physicist-geophysicist, he left BHP Billiton in December 2007, where he had the title of New Business Manager for Minerals Exploration with a global reach, but based in Vancouver. He has been instrumental in the identification, negotiation and execution of more than 50 exploration agreements over 11 different commodities with juniors, majors, as well as with state exploration and mining companies. Mr. Tsitos sits on several companies’ boards as an Independent Director, has published articles in exploration and mining magazines on relevant topics and has been a strong advocate of anti-corruption policies in the mining industry. Till recently, he was the President of Goldsource Mines, which was just sold to the gold producer, Mako Mining.

Mr. Tsitos has also been part of two discovery teams with BHP Billiton in porphyry-copper and nickel-sulphide deposits. He holds a B.Sc. degree in Physics from the University of Athens and a master’s degree in Applied Geophysics and Geology from the University of Birmingham, UK In addition, he has completed management and finance studies as part of an MBA program with Herriot Watt University, Edinburgh.

NORMAN BREWSTER

Director
Mr. Brewster’s mineral industry career includes serving on various company boards, financing, and developing the Aguas Tenidas Mine in Spain, and
negotiating the purchase of the Condestable Mine in Peru. He also led the committee in reviewing the successful acquisition of Iberian Minerals Corp. by Trafigura Group Pte. Ltd. in an all-cash takeover valued at around $497.8 million.

Gurdeep Bains

Director

Mr. Bains is a Chartered Professional Accountant (CPA, CA) who in 2003 received his Chartered Accountant Designation from the Institute of Chartered Accountants of BC and in 2004 graduated from Simon Fraser University with a Bachelor of Business Administration. From 2000 to 2005, he was a Senior Auditor, Assurance Services at KPMG.

From 2005 to 2014, Mr. Bains was with Canaccord Genuity as Vice President, internal audit and financial analysis where he was involved in the company’s global expansion by performing the due diligence and integration of $850M in acquisitions in Canada, US, UK, Australia and China.
From June 2014 to October 2017, he was the CFO at OK Tire Stores Inc., an automotive company with over 330 locations across Canada. From October 2017 to March 2019, Mr. Bains was CFO at Zenabis Ltd., contributing in both finance and business development roles.

REGINA LARA YUNES, CPA

Chief Financial Officer
Lara Yunes is a Chartered Professional Accountant with a Bachelor’s of Technology in Accounting from the British Columbia Institute of Technology. She is currently a Financial Reporting Manager at Treewalk, providing accounting, financial reporting, and compliance services to publicly listed firms. Prior to this, she worked at Smythe LLP as an accountant, offering audit and tax services to both private and public companies.

Advisory Board

Amandip Singh

Amandip Singh is a seasoned geologist and mining professional with over 15 years of diverse experience spanning the mining industry, finance, and academia. He has held progressively senior roles within notable mining companies, including West Red Lake Gold and Magna Gold Corp, where he played a pivotal role in corporate development and management, contributing to significant project advancements and successful acquisitions.

With a background as a sell-side mining analyst and hands-on experience as an exploration geologist, Mr. Singh brings a unique blend of technical expertise and financial acumen to the table. He holds a Bachelor of Science degree in Geology from the University of Toronto and has demonstrated a strong commitment to the mining sector through his contributions to various successful projects and transactions.

Michel Jébrak

Michel Jébrak, a distinguished economic geologist with over 40 years of experience, is renowned for his extensive contributions to mineral exploration and resource management. Serving as a trusted advisor to entities like the national geological survey of France (BRGM) and the government of Quebec, Mr. Jébrak has played pivotal roles in shaping policies and strategies within the mining sector. As a former director of Sidex Mining Investment fund for more than two decades, he demonstrated astute leadership in fostering investment in mineral exploration ventures across Quebec.

Recognized for his scholarly achievements, Mr. Jébrak has authored over 100 papers and several influential books, including the seminal work “Geology of Mineral Resources,” which has become a global reference in the field. His dedication to academia is evident through his tenure as a professor of economic geology at the University of Quebec at Montreal (UQAM) since 1987, where he has inspired countless students and scholars.

Beyond academia, Mr. Jébrak has been instrumental in founding key organizations such as the Order of Geologists of Quebec and the Canadian Council of Mining Innovation, showcasing his commitment to advancing responsible mining practices and fostering innovation in the industry. Recipient of prestigious awards including the Jean-Descarreaux Award and the Bancroft Award, Mr. Jébrak’s contributions have left an indelible mark on the field of economic geology and mineral exploration, earning him global recognition and respect.

Simon Sefzik

Simon Sefzik brings a comprehensive background in public policy and governance, highlighted by his role as the youngest state senator in Washington state, representing the 42nd Legislative District. During his tenure, he served on pivotal committees such as Senate Housing, Health, and Higher Education & Workforce Development. His experience extends to the national level, where he contributed significantly to the White House during the Trump administration, notably within the Department of Intergovernmental Affairs and the White House Management Office.

Prior to his political career, Simon excelled academically, graduating summa cum laude with a B.A. in American Politics and Policy Studies from Patrick Henry College. His academic achievements were complemented by his involvement in varsity moot court competitions and his role as Director of Research for the George Wythe Review, a prestigious undergraduate public policy journal.

Simon’s dedication to public service extends to his involvement in various non-profit organizations, including serving as a board member of Cascade Connections, the Bellingham Central Lions Club, and the Washington Policy Center Young Professionals Advisory Board. As a valued member of our advisory board, Simon brings invaluable expertise and a commitment to excellence in guiding our company’s strategic direction.