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Troy Minerals, Inc. ( (TSE:TROY) ) just unveiled an update.
Troy Minerals Inc. has completed its maiden drilling program at the Lake Owen Project in Wyoming, revealing significant findings of scandium, a rare earth element, alongside titanium and vanadium. The discovery of scandium, which has applications in green-energy technologies and aerospace industries, positions Troy Minerals strategically in the critical minerals market. The company plans to expand its exploration efforts with a second phase in summer 2025, aiming to capitalize on the project’s potential.
More about Troy Minerals, Inc.
Troy Minerals Inc. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the extraction of critical minerals, including rare earth elements, with a particular emphasis on scandium, vanadium, and titanium.
YTD Price Performance: -17.65%
Average Trading Volume: 127,037
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$9.23M
For detailed information about TROY stock, go to TipRanks’ Stock Analysis page.