Ongoing Geophysical Studies At The Lake Owen Project
VANCOUVER - Troy Minerals Inc. reported on the processing and interpretation status of the airborne geophysical survey covering the 100% owned Lake Owen Project, which is located 50 km southwest of Laramie, Wyoming. Covering 1,424 hectares, the project is an exploration asset in the Proterozoic Lake Owen complex, favorable for titanomagnetite-hosted mineralization. Historically explored for Platinum Group Elements (PGE), it shows strong potential for vanadium, titanium, PGE, and other critical minerals.
Recent maiden drilling results by Troy have confirmed the presence of high concentrations of vanadium pentoxide (V2O5) and titanium dioxide (TiO2), along with the discovery of scandium (a REE metal), significantly enhancing the project's critical mineral profile.
Lake Owen is supported by the US Geological Survey (USGS)'s Earth MRI (Earth Mapping Resources Initiative), which is delivering key geoscientific data and helping reduce exploration costs. As part of this initiative, a high resolution airborne magnetic and radiometric survey has been flown by USGS covering Troy's Claims and the raw data have become available to the Company. This federal backing highlights the project's strategic importance within the US critical minerals landscape.