Troilus Gold Corp. Signs MOU with Boliden for Long-Term Copper-Gold Concentrate Supply from Quebec Project

Troilus Gold Corp. has entered into a memorandum of understanding (MOU) with Boliden, a Swedish mining and smelting company, for the long-term supply of copper-gold concentrate from Troilus’ mining operations. The agreement outlines the framework for Boliden to purchase copper-gold concentrate produced at Troilus’ project in Quebec, Canada. This MOU marks an initial step toward establishing a definitive offtake agreement between the two companies.

The terms of the memorandum specify that Boliden will receive concentrate from Troilus over an extended period once production begins. Troilus is currently advancing its copper-gold project located in Quebec’s Frôtet-Evans Greenstone Belt. The company aims to develop its site into a significant source of copper and gold, while Boliden focuses on securing reliable sources of raw materials for its smelting operations. Both parties are expected to continue discussions to finalize details regarding pricing, volumes, and delivery schedules as they work toward formalizing their partnership through a binding agreement.

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Date: March 17, 2026

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GOAI