on Troy Minerals Inc. (CVE:TROY)
Troy Minerals Advances Mining Permit for Tsagaan Zalaa Silica Project
Troy Minerals Inc. has announced progress in obtaining an Operating Mining Permit for its Tsagaan Zalaa Silica Project in southeastern Mongolia. The project, in collaboration with Grand Samsara Consulting LLC, has completed several key steps, with the Mining License certificate expected by early November 2025.
Strategically located in Dornogovi Province, the project benefits from close proximity to the Trans-Mongolian Highway and Railway, facilitating export routes to China. The permit process is on track, with key studies and agreements either completed or nearing completion, targeting permit finalization by December 2025.
In parallel, Troy is exploring potential off-take partnerships in Asia, leveraging growing demand for high-purity quartz silica. The company anticipates finalizing the Mine Operating Permit by late 2025 or early 2026, positioning 2026 as a significant year for business development.
R. E.
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