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An announcement from Troy Minerals, Inc. ( (TSE:TROY) ) is now available.
Troy Minerals Inc. has submitted a mining license application for its Tsagaan Zalaa Silica Project in Mongolia, marking a significant step towards production. This move aligns with Troy’s strategy to become a key player in the high-purity quartz silica market, enhancing its operations in Central-East Asia and North America. The project’s favorable location and high-quality silica resource highlight its potential to deliver long-term value for stakeholders.
More about Troy Minerals, Inc.
Troy Minerals Inc. operates in the mining industry, focusing on high-purity quartz silica. The company is strategically positioned to supply the growing regional and global demand for silica, with projects in Mongolia and British Columbia.
YTD Price Performance: -8.82%
Average Trading Volume: 172,605
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$10.22M
For an in-depth examination of TROY stock, go to TipRanks’ Stock Analysis page.