Troy has today reported a net loss of A$6.8 million for the six month period ending 31 December 2013. The half-year financial statements are available on the Troy website at www.troyres.com.au and will also be available under the Company's profile on SEDAR. In the previous six months ended 30 June 2013, a profit of A$5.1 million resulted from [...]
Gold producer Troy is pleased to advise that it has reached agreement with ASX listed Orinoco Gold Limited for the sale of Sertão Mineração Ltda, the entity that owns the Sertão and Antena Mining Leases. Troy holds 70% of SML with the remaining 30% held by Amazônia Mineração Ltda. Sertao was Troy's first mine in Brazil. The mine, which Troy [...]
Troy advises that a presentation in relation to the Company's activities can be viewed on the Company's website as follows: http://www.troyres.com.au/investor-centre/presentations.html
Troy is pleased to advise that it has entered a zone of extraordinarily high grades in the INCA 1 ore body at its Casposo gold and silver mine in San Juan province, Argentina. Commenting on the results Troy CEO Paul Benson said; "We always knew we were developing down to the high grade zones within the INCA 1 ore body, but it is obviously very [...]
Please be advised that Troy Resources has released its Quarterly Report for the quarter ending 31 December 2013 to shareholders. A copy of this report can be accessed via the Troy website; www.troyres.com.au under "Latest Announcements". The report can also be found under the Company's profile on the SEDAR website www.sedar.com.
Troy is pleased to report the results of its Preliminary Economic Assessment and Scoping Study for the mining and treatment of the Smarts and Hicks deposits at its 100% owned West Omai gold project in Guyana. The Study was prepared by Troy personnel and qualified consultants. The Study considers a combination of two open cut and one underground [...]
Troy advises that the 300,000 Performance Rights granted to Managing Director, Mr Paul Benson in December 2012 have been cancelled by agreement between the parties. The Rights were issued in three tranches with the earliest vesting date being 12 October 2013, subject to performance conditions being achieved. These included, amongst other things [...]
Troy wishes to advise the results of its 2013 Annual General Meeting held today. All Resolutions were passed on a show of hands. In accordance with the Listing Rules and the Corporations Act the following information is provided:
Troy currently has two contract Diamond Core rigs and one Reverse Circulation rig in operation that are focussed on infill Resource drilling at Smarts as well as the drilling required for geotechnical and metallurgical studies. A limited number of sterilization drill holes have also been completed targeting possible infrastructure sites pending the [...]
Troy refers to Resolutions 10 and 11 being considered at its Annual General Meeting to be held at 10.00am in Melbourne this morning. Those Resolutions are proposing to issue shares to each of Mr Ken Nilsson and Mr Paul Benson calculated by reference to the 5 day volume weighted average price prior to the date of the Meeting. The volume weighted [...]
