en.Wedoany.com Reported - Hydro-Québec and the Ministry of Energy and Natural Resources (MEIE) have allocated power to the Troilus project, a development that de-risks the project and strengthens its strategic position in Quebec's critical minerals sector. The power application was submitted in early 2025, and following ongoing discussions with Hydro-Québec and government stakeholders, this allocation ensures sufficient power is secured as planned, concurrent with permitting, detailed engineering, and project financing. Access to Quebec's low-carbon hydroelectric grid supports the project's long-term emission reduction goals and provides reliable, competitively priced renewable energy. The power infrastructure includes a 107-kilometer, 161 kV transmission line already connected to the substation at the Troilus site.

Troilus CEO Justin Reid stated that the confirmation from Hydro-Québec and the MEIE is a key milestone for the project, enhancing overall development readiness. Securing reliable hydroelectric access is considered a vital component of responsible mine development in Quebec, and this allocation reflects the maturity of the Troilus project and its broader strategic significance within the province's industrial and critical minerals landscape. Troilus is expected to be a long-term project in Quebec, capable of generating economic benefits, supporting domestic copper supply, and fostering development in northern regions; this allocation solidifies the project's foundation and reduces risk as it advances to the next development phase.

The Troilus project is currently the largest copper project in Quebec in the permitting stage and one of Canada's largest undeveloped gold projects. A feasibility study from May 2024 describes a mine life of 22 years, with average annual production of 303,000 gold-equivalent ounces (AuEq) or 135.4 million pounds of copper-equivalent (CuEq), and peak production reaching 536,400 AuEq ounces. The project is expected to bring local economic benefits, including approximately 1,000 direct jobs during construction and over 680 permanent positions during operations.

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