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Michel Jébrak, First Member of Troy Minerals’ Strategic Advisory Board
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Lac Jacques Project: Troy Minerals Finds Samples Greater Than 1000 PPM
Troy Minerals Inc. is thrilled to unveil the results of the 2023 soil geochemical survey conducted on the Lac Jacques rare earth element (REE) property. The Lac Jacques project, wholly owned by Troy, is situated approximately 250km north of Montreal in Quebec, Canada, and a mere 40km northeast of the town of St. Anne du Lac.
Key Highlights
- A total of 319 soil samples were meticulously collected and analyzed.
- Both the East and West grids exhibited remarkable levels of anomalous LREE (light rare earth element) and HREE (heavy rare earth element) results, with several samples surpassing 390 PPM and 106 PPM respectively.
- Astonishingly, two samples returned an impressive concentration of over 1000 PPM TREE (total rare earth elements).
- Extensive sampling of the East and West Grids has delineated a substantial mineralized strike and width, measuring 600 x 300 meters in the East and 2500 x 300 meters in the West.
- To further investigate the potential, four follow-up drill holes were completed to test.
As Troy Minerals Inc. continues to make significant strides, its financial performance and position in the market have garnered attention from investment analysts. The company has consistently displayed growth and resilience, positioning itself as an attractive choice for investors.
The recent discovery of high concentrations of rare earth elements (REE) at the Lac Jacques project has the potential to significantly impact Troy Minerals’ market value. As the demand for rare earth elements continues to rise in industries such as technology and renewable energy, Troy Minerals could emerge as a key player in the REE sector.
Investment decisions surrounding Troy Minerals will be further influenced by the upcoming drill results, which are expected to solidify the company’s standing within the market. The potential for large-scale mineralization reinforces Troy Minerals’ credibility and underscores its commitment to delivering value to stakeholders.
As Troy Minerals Inc. continues its journey of exploration and development, it remains dedicated to unlocking the full potential of the Lac Jacques project. With a focus on responsible resource extraction and sustainable practices, Troy Minerals is poised to leave a lasting impact on the rare earth element industry.
