Troy Resources Ltd
Andrew Barclay, Non-Executive Director – appointed 10 December 2020. Andrew is a senior legal practitioner, having worked for 8 years on significant Australian mine, port and rail infrastructure transactions (the Roy Hill Mine and the Fortescue iron ore projects in the Pilbara region of Western Australia). Prior to working on those transactions, a partner in national first tier legal firms, with expertise in negotiation and documentation of complex and significant legal arrangements, corporate advice, and high profile power procurement contracts for mining companies, rail access arrangements, and complex banking and financial service transactions. He is currently the Chairman of an ASX listed mining services and infrastructure company.
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Troy Resources Ltd
Troy Resources Limited is engaged in gold and silver production. The Company is engaged in exploration activities principally for gold, at Karouni gold project in Guyana. The Company at its Karouni Block has outlined an inferred resources of approximately 1.6 million ounces (Moz) at the smarts deposit and hicks deposits. The Andorinhas Mine is located in the state of Para in northern Brazil approximately 45 kilometers from the town of Rio Maria, approximately 17 kilometers from the town of Floresta do Araguaia and approximately 310 kilometers from the town of Maraba. The Karouni gold project produced approximately 34, 740 ounces of gold and approximately 356, 770 tons of ore. The Andorinhas mine produced approximately 8, 789 ounces of gold. The Casposo mine operation comprises an open pit, underground mine and a processing plant. The Casposo mine produced approximately 17, 210 ounces of gold.