The historic Troilus mine closed in 2010 partly due to low gold prices but primarily due to operational issues (lower grades and recovery rates than expected) caused by pushing production tonnage without investing in mill front-end improvements, leading to coarser grinding and declining recovery rates.
factualpending
Speaker
Justin ReedEvidence Quote
“Previous operator expanded tonnage without investing in mill improvements, causing coarser grinding and lower recovery rates”
Source
Michael Howell on The Issue With Gold & Silver Stocks + Troilus Gold & Capitan Silver CEO Interviews— Resource TalksCreated: 8/11/2026, 1:30:21 AM
My Notes
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