Troilus Welcomes Québec Government Leaders to Its Site for Official Announcement of 70 MW Hydroelectric Power Allocation

About this update from Troilus Mining Corp

Government Officials Highlight Troilus' Role in Advancing Québec's Critical Minerals Strategy and Economic Development Priorities MONTREAL, June 10, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5) (“Troilus” or the “Company”) is pleased to announce that it recently welcomed representatives from the Government of Québec to the Troilus Copper-Gold Project in north-central Québec for the official announcement of the allocation of 70 megawatts (“MW”) of hydroelectric power to the Project (see June 2, 2026 press release). The announcement, held at the Troilus Project site on June 8, 2026, was made by Bernard Drainville, Minister of Economy, Innovation and Energy (“MEIE”), and Kateri Champagne Jourdain, Minister of Natural Resources and Forests (“MRNF”), alongside Denis Lamothe, Member of the National Assembly for Ungava. The event also brought together representatives from Hydro-Québec, members of the Cree community, regional stakeholders, municipal representatives including Nichèle Compartino, Mayor of Chibougamau, and members of the media (see Figure 1). During the announcement, Minister Drainville and Minister Champagne Jourdain highlighted the role of projects such as Troilus in supporting Québec’s critical minerals strategy, regional economic development priorities, and long-term energy transition objectives at a time of growing global demand for copper. Mr. Lamothe also spoke to the importance of the Project for Northern Québec and recognized Troilus’ ongoing commitment to creating long-term opportunities for regional workers, businesses, and communities. Justin Reid, CEO of Troilus, commented, “It was a pleasure to welcome Minister Drainville, Minister Champagne Jourdain, Mr. Lamothe, representatives from Hydro-Québec, our Cree partners, regional stakeholders, and members of the media to the Troilus Project for this important announcement. We would also like to congratulate Hydro-Québec and the Government of Québec on yesterday’s announcement regarding the development of new training infrastructure in Chibougamau, which further reflects the long-term commitment being made toward economic development, workforce development, and sustainable growth in Northern Québec. Access to reliable, low-carbon hydroelectric power is fundamental to the responsible development of large-scale mining projects in Northern Québe...

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