TRUNCATE TABLE is not a minimally-logged operation. It's logged exactly the same way in all recovery models. It's fully logged, but very efficiently logged, including using the deferred-drop mechanism.

Minimal logging is a distinctly separate set of code paths in the Engine, that does things like setting the ML_MAP bits for the extents involved. That does not happen for TRUNCATE TABLE.

It's a common misconception that TRUNCATE is minimally-logged or non-logged.

And everything I say above also applies to DROP TABLE and DROP INDEX too.

I've explained this in several places online, including at http://sqlmag.com/blog/why-do-truncate-and-drop-table-complete-so-fast