Triumph Gold Corp. (TSX-V:TIG) (OTCQB:TIGCF) - Breaking News - September 12, 2018

Triumph Gold Announces Three Additional Gold-Rich Drill Intersections from Blue Sky Porphyry Highlighting RVD18-19 with 316.00 metres of 1.79 grams per tonne (g/t) Gold Equivalent* including 79.75 metres of 3.34 g/t Gold Equivalent* with 2.5 grams per tonne Gold and 0.38% Copper

Vancouver, British Columbia --September 12 , 2018 -- Triumph Gold Corp. (TSX-V:TIG) (OTCQB:TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce further delineation of gold-rich porphyry-style mineralization in the Blue Sky Zone on their 100% owned, road accessible, Freegold Mountain Property in the Yukon Territory. Highlights from follow-up drilling of the Blue Sky Porphyry include:

• RVD18-19 with 316.00 metres of 1.10 grams per tonne (g/t) gold (Au), 0.27% copper (Cu), 5.0 g/t silver (Ag), and 0.02% molybdenum (Mo) (196.00 – 512.00m), including 79.75 metres of 2.48 g/t Au, 0.38% Cu, 6.9 g/t Ag and 0.02% Mo (338.75 – 418.50m).

• RVD18-20 with 110.50 metres of 0.45 g/t Au, 0.19% Cu and 3.7 g/t Ag (202.00 – 312.50m), including 54.40 metres of 0.73 g/t Au, 0.305% Cu and 7.0 g/t Ag (234.00 – 288.50m).

• RVD18-21 with 83.50 metres of 0.70 g/t Au, 0.14% Cu and 7.1 g/t Ag (350.00 – 433.50m), including 50.93 metres of 1.08 g/t Au, 0.19% Cu and 11.0 g/t Ag (371.57 – 422.50m).

Table 1 – Gold-Rich, High-Grade, Blue Sky Porphyry Drill Intercepts, 2017, 2018. Highlighted results from this news release in bold.

Paul Reynolds, Triumph Gold’s President and CEO, comments, “RVD18-19 contains a truly exceptional intersection. Not only does it represent the longest and highest grade intersection in the Blue Sky Porphyry to date, but it is one of the highest grade intersections ever made in a porphyry system in the Yukon. At 565.6 gram metres**** gold equivalent*, it is likely to be one of the best intersections made on a gold exploration property this year. I congratulate our technical team for their perseverance and success in testing previously untested ground surrounding the Revenue and Nucleus deposits.”
Blue Sky Porphyry

Since 2016 Triumph Gold’s exploration on the Freegold Mountain Property has been focused on the six-kilometre-long, multi-element soil and geophysical anomaly that encompasses the Revenue and Nucleus areas. Within the anomaly, the Blue Sky Zone covers a broad area extending 2.3 kilometres east of the Revenue diatreme (Figure 1) to the eastern margin of the anomaly. It was drill tested in 2017 with significant intersections made in RVD17-13 (57.00 metres of 1.08 g/t Au, 6.6 g/t Ag, 0.285% Cu and 0.02% Mo from 112.00m; Table 1) and RVD17-01 (Table 1). Three previously released 2018 drill holes (see NR18-08 dated Aug. 23; Table 1) successfully targeted the Blue Sky Porphyry and demonstrated both high-grade and contiguous mineralization over up to 202.10 metres (RVD18-17, which included 125.13 metres of 1.24 g/t Au, 7.0 g/t Ag, 0.31% Cu, and 0.01% Mo; Table 1). With RVD18-19, RVD18-20 and RVD18-21, described in this news release, the size and grade of the Blue Sky Porphyry continues to grow. RVD18-19 contains the longest*** intersection (316.00m of 1.09% CuEq*; Table 1), the highest grade composite (79.75m of 2.48 g/t Au, 0.38% Cu, 6.9 g/t Ag and 0.02% Mo; Table 1), and the highest grade gold in a single assay (39.4 g/t Au from 376.60 – 377.60m) to date.

Figure 1 highlights the location of drill intersections in the Blue Sky Porphyry:
https://www.triumphgoldcorp.com/wp-content/uploads/PR18-09-Revenue-Portrait.pdf

Figure 2 shows RVD18-19 in cross-section.:
https://www.triumphgoldcorp.com/wp-content/uploads/PR18-09_Section.pdf 

Photographs of core from the new intersections can be found on the Triumph Gold Corp. website: https://www.triumphgoldcorp.com/wp-content/uploads/PR18-09-Rock-Shots.pdf

High-grade, gold-rich mineralization in the Blue Sky Porphyry is demonstrated over 180 meters in a NE-SW direction and occupies the north-eastern extent of a 500 metre long corridor of well mineralized rock that includes the newly defined WAu breccia (e.g. 76.34 metres of 1.40 g/t Au, 9.2 g/t Ag, 0.21% Cu and 0.032% Mo in RVD11-19; see PR#18-07, dated July 21, 2018), and porphyry related stockwork style mineralization (e.g. 238.10 metres of 0.31 g/t gold and 0.13% copper in RVD11-22). The high-grade zone is modeled as an irregular shaped body with a south or south-east dipping upper surface that is open along strike to the northeast, west, and downdip to the south and southeast. The 500 metre-long corridor is contained within a 3.6 kilometre zone of porphyry mineralization that extends from the Happy Creek showing (269.00 metres of 0.29 g/t AuEq* in RVD17-09, see PR#17-13, dated Nov. 2, 2017) to the Keirsten Zone (100 metres of 0.32 g/t AuEq* in KZ18-01, see PR#18-07, dated July 21, 2018). The broader zone of porphyry mineralization is flanked to the west by the Nucleus epithermal gold deposit, and cross-cut by a locally well mineralized diatreme (the Revenue Diatreme).

Mineralization associated with the Blue Sky Porphyry is hosted in the Mid-Cretaceous Revenue granite and in late-syn-mineral quartz-feldspar-porphyry dykes. It consists of chalcopyrite and molybdenite in quartz veins, hydrothermal breccia matrix, and disseminated in hydrothermally altered granite and quartz-feldspar porphyry dykes. The most intense mineralization is associated with strong potassic (K-feldspar grading outwards into biotite) alteration. A set of late quartz-carbonate veins are concentrated within the main mineralized zone and contain variable amounts of chalcopyrite, molybdenite, galena, sphalerite, bismuthinite, and visible gold. The porphyry is gold-rich throughout, but the late quartz-carbonate veins represent an important second stage of gold enrichment.

Ongoing Exploration of the Blue Sky Porphyry
The high-grade mineralization identified in the Blue Sky Zone continues to be a focus of exploration activity:
1. Deep penetrating induced polarization and infill magnetic geophysical surveys are currently being organized.
2. Crews are completing an infill soil survey over Revenue East and the Blue Sky Zone.
3. Roadbuilding and trenching have exposed new outcrops in the Blue Sky Zone, which are being mapped and prospected.
4. Expert porphyry and structural geology consultants have been brought to the Freegold Mountain Property to conduct reviews of the Blue Sky Porphyry (John Bradford, M.Sc., P.Geo., Triumph Gold technical advisor and Cam Bartch M.Sc., P.Geo., Terrane Geoscience).

Exploration Update
Triumph Gold’s 2018 Freegold Mountain Property drill campaign, which began in late March, is now complete. Geophysics, trenching and soil sampling programs are expected to continue until early October. Triumph Gold has released the results from 9,672 metres of diamond drilling in the Keirsten Zone, Revenue East, and the Blue Sky Zone. Drill results from these zones have been released in their entirety. Future news releases will focus on grassroots exploration drilling in the Guder (1,352 metres) and Granger (1,014 metres) zones, exploration and resource drilling at Nucleus (4,159 metres), and the inaugural drilling of the Irene epithermal vein (1,369 metres).

Table 2 – Full table of new assay results (PR#18-09) from the Blue Sky Zone, 2018.

Table 3 - Location and Orientation of Drill Holes at the Blue Sky Zone, 2018

Notes:
* Gold equivalent [AuEq], and copper equivalent [CuEq] are used for illustrative purposes, to express the combined value of gold, silver, molybdenum and copper as a percentage of gold or copper. No allowances have been made for recovery losses that would occur in a mining scenario. AuEq and CuEq are calculated on the basis of US$3.00 per pound of copper, US$16.00 per pound of molybdenum, US$1,250 per troy ounce of gold and US$16.00 per troy ounce of silver.
** Coordinates are given in North American Datum 83 (NAD83), Zone 8.
*** Length/interval refer to drill hole intercept. True widths have not been determined.
**** Gram metres are a metric used to compare the relative quality of drill intersections that vary in grade and length. In this press release gram-metres are calculated using the following equation (AqEq*[g/t] x Intersection Length*** [metres]).

Methods and Qualified Person
Drill core samples ranged between 1 and 2 metres length and were cut at Triumph’s core logging facility on the Freegold Mountain Property. The samples were analyzed by SGS Canada of Vancouver, British Columbia. They were prepared for analysis according to SGS method PRP89: each sample was crushed to 75% passing 2mm and a 250g split was pulverized to better than 85% passing 75 micron mesh. Gold was tested by fire assay with atomic absorption finish on a 30g nominal sample (method GE FAA313), and samples that tested over 10 g/t Au were retested using 50g screened metallics (GO FAS50M), which uses a combination of AAS, ICP-AES and gravimetric finishes to determine gold contained in both a fine and coarse fraction after being sieved through 106 mesh. An additional 35 elements were tested by ICP-AES using a four-acid digestion (method GE ICP40B), over limit samples for copper were retested using the same technique but with assay grade four acid digestion and a higher range of detection (method GA AAS42S). Quality assurance and control (QAQC) is maintained at the lab through rigorous use of internal standards, blanks and duplicates. An additional QAQC program was administered by Triumph Gold: at minimum three quality control samples, consisting of blanks, certified reference standards and duplicates, were blindly inserted into each 75 sample batch. QAQC samples that return unacceptable values trigger investigations into the results and reanalyses of the samples that were tested in the batch with the failed QAQC sample.
The technical content of this news release has been reviewed and approved by Tony Barresi, Ph.D., P.Geo., VP Exploration for the company, and qualified person as defined by National Instrument 43-101.

About Triumph Gold Corp.
Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com
On behalf of the Board of Directors
Signed "Paul Reynolds"
Paul Reynolds, President & CEO
For further information please contact:
John Anderson, Executive Chairman
Triumph Gold Corp.
(604) 218-7400
janderson@triumphgoldcorp.com

Nancy Massicotte
IR Pro Communications Inc.
(604)-507-3377
nancy@irprocommunications.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Triumph Gold Corp.
 

Triumph Gold Intersects Strong Gold-Rich Porphyry Mineralization in the Blue Sky Porphyry, including 125.13 metres of 1.24 grams per tonne Gold, 0.31% Copper,
7.0 grams per tonne Silver and 0.01% Molybdenum

Vancouver, British Columbia --August 23, 2018 -- Triumph Gold Corp. (TSX-V:TIG) (OTCQB:TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the delineation of gold-rich porphyry-style mineralization in the Blue Sky Zone on their 100% owned, road accessible, Freegold Mountain Property in the Yukon Territory. Highlights from the first three drill holes to intersect the zone in 2018 include:

• RVD18-17 with 125.13 metres of 1.24 grams per tonne (g/t) gold, 7.0 g/t silver, 0.31% copper and 0.01% molybdenum contained within 202.10 metres of 0.87 g/t gold, 5.8 g/t silver, 0.26% copper and 0.01% molybdenum (287.00 – 489.10m).

• RVD18-16 with 94.50 metres of 1.53 g/t gold, 5.8 g/t silver, 0.28% copper and 0.01% molybdenum (170.50 – 265.00m).

• RVD18-05 with 149.26 metres of 0.30 g/t gold, 2.5 g/t silver, 0.15% copper and 0.02% molybdenum (375.00 – 524.26m), which bottomed in the highest grade portion of the intersection with 39.51 metres of 0.68 g/t gold, 5.0 g/t silver, 0.25% copper, and 0.03% molybdenum (484.75 – 524.26m).

Table 1 – Blue Sky Porphyry Diamond Drill Intercepts, 2018

Triumph Gold Defines Gold-Rich Breccia Zone at Revenue East

Vancouver, British Columbia --July 31, 2018 -- Triumph Gold Corp. (TSX-V:TIG) (OTCQB:TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the results of spring and early-summer drilling on the Company’s 100% owned, road accessible, Freegold Mountain Property in the Yukon Territory. Exploration was focused within a 6 km soil and geophysical anomaly that surrounds the Revenue and Nucleus resource areas. Highlights of results available to date include:

Expansion and definition of the Au-Ag-Cu-Mo-rich breccia body (WAu Breccia) first reported in 2017 (PR#17-12, October 19, 2017). The breccia was intersected by five additional drill holes including 72.00 metres of 1.33 g/t AuEq* (from 60.00m in RVD18-03), 128.00 metres of 1.27 g/t AuEq* (from 105.00m in RVD18-08), and 43.02 metres of 1.50 g/t AuEq* (from 62.52m in RVD18-11). Individual sample intervals have gold concentrations up to 27.2 g/t (Table 1)
Multiple drill intersections of mineralization within the Revenue diatreme (main breccia body), including 44.00 metres of 1.08 g/t AuEq* (from 198.00m in RVD18-02), 19.81m of 1.24 g/t AuEq* (from 91.44m in RVD18-10), and 11.00 metres of 2.04 g/t AuEq* (from 146m in RVD18-10) (Table 2).
WAu Breccia Target

The WAu Au-Ag-Cu-Mo breccia, located near the southeast corner of the Revenue diatreme, was first intersected by two drill holes in 2011:

RVD11-19 - 1.40 g/t Au, 9.2 g/t Ag, 0.21% Cu and 0.032% Mo over 76.34m (176.75-253.09m) and
RVD11-28 - 0.86 g/t Au, 10.3 g/t Ag, 0.36% Cu and 0.120% Mo over 41.95m (208.30-250.25m)
Relogging of core in 2016 identified the high-grade breccia zone as a discrete body, which was then targeted and intersected in 2017 by a stepout 41 metres west of RVD11-19:

RVD17-12 - 1.18 g/t Au, 8.3 g/t Ag, 0.24% Cu and 0.013% Mo over 40.0m (247.50-287.50m)
Modelling of the breccia as an east-west striking, south dipping body helped successfully target five additional drill holes in 2018 to test the breccia east of, and both up and down dip from, the original RVD11-19 drill intersection. These drill holes confirmed the continuity and grade of the breccia over a 130 metre strike length, and to a depth of at least 200 metres (Table 1). The breccia is open to depth and to the west beneath the Revenue diatreme. Drill hole locations are shown on Figure 1, and details of location and orientation are in Table 3.

READ THE FULL RELEASE AND SEE ALL TABLES CHARTS HERE


About Triumph Gold Corp.

Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com.

On behalf of the Board of Directors
Signed "Paul Reynolds"
Paul Reynolds, President & CEO

For further information please contact:
John Anderson, Chairman
Triumph Gold Corp.
(604) 218-7400
janderson@triumphgoldcorp.com
Nancy Massicotte
IR Pro Communications Inc.
(604)-507-3377
nancy@irprocommunications.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Triumph Gold Corp.
 

Triumph Gold Issues Options

Vancouver, British Columbia --July 20, 2018 -- Triumph Gold Corp. (TSX-V:TIG) (OTCQB:TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce that pursuant to its stock option plan, the Company is issuing 800,000 options to officers and directors. The options are priced at $0.40 and are valid for a period of 5 years. The stock options will vest 25% immediately, 25% after six months, 25% after twelve months and 25% after eighteen months.

About Triumph Gold Corp.

Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com

On behalf of the Board of Directors
Signed "Paul Reynolds" Paul Reynolds, President & CEO

For further information please contact:
John Anderson, Executive Chairman Nancy Massicotte
Triumph Gold Corp. IR Pro Communications Inc.
+1 (604) 218-7400 (604)-507-3377
janderson@triumphgoldcorp.com nancy@irprocommunications.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “will”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the stock option grant are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures, natural resource prices and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Triumph will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
Source: Triumph Gold Corp.
 

Triumph Gold Closes C$5,124,000 Financing and Confirms Goldcorp Participation

Vancouver, British Columbia --July 11, 2018 -- Triumph Gold Corp. (TSX-V:TIG) (OTCQB:TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce that it has completed a private placement financing of 14,641,101 units of Triumph at a price of $0.35 per unit for gross proceeds of approximately $5,124,385. Each unit consists of one common share of the Company and one half of one non-transferable common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable into one additional common share at a price of $0.55 for a period of two years from the closing of the financing. The investment was made primarily by institutional investors. A private Hong Kong fund invested approximately $2.5 million and three existing shareholders (amongst others) participated in the offering, including Goldcorp Inc. (“Goldcorp”) which exercised its right to top up to a 19.9% ownership by participating in the financing.

John Anderson, Chairman of Triumph commented: “We are excited to have new institutional investors investing directly into the Company as we continue to explore the Freegold Mountain project. As well, we are overwhelmed that current shareholders requested to increase their investment at this time. Goldcorp has participated in this financing to increase its interest in the Company to 19.999% on a partially diluted basis. We view this investment as a validation of our exploration philosophy and look forward to continuing to work with Goldcorp’s technical team as we continue to advance the Freegold Mountain project.”

The proceeds of the offering will be used for exploration at the Company’s Freegold Mountain project and for general working capital. Triumph currently has two diamond drills on the property and is in the middle of an 18,000 metre drilling program.

All securities issued in connection with this financing will be subject to a statutory four month hold period expiring on November 12, 2018, in accordance with applicable Canadian securities laws. Upon completion of the private placement, the Company will have 78,442,638 common shares issued and outstanding. The Company has agreed to pay cash finder's fees in the aggregate amount of $31,300 to certain finders in connection with the private placement.

Goldcorp and Palisade Global Investments Ltd., each subscribed for 2,719,674 units and 2,900,000 units, respectively, under the offering. The participation of each of these insiders is considered to be a “related party transaction” as defined under TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company determined that an exemption from the formal valuation requirement of MI 61-101 was available for each related party transaction pursuant to Section 5.5(b) of MI 61-101. The Company also relied on Section 5.7(1)(a) of MI 61-101 for an exemption from the minority shareholder approval requirement.

The Company did not file a material change report more than 21 days in advance of the closing of the offering, which the Company deems reasonable and necessary in the circumstances as the closing date of the private placement had not been established at that time.

About Triumph Gold Corp.

Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com.

On behalf of the Board of Directors
Signed "Paul Reynolds"
Paul Reynolds, President & CEO

For further information please contact:
John Anderson, Executive Chairman
Triumph Gold Corp.
+1 (604) 218-7400
janderson@triumphgoldcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “look forward”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding working with Goldcorp’s technical team and the use of proceeds are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures, natural resource prices and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Pinedale will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

Source: Triumph Gold Corp.
 

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About Triumph Gold Corp.:

Triumph Gold’s Freegold Mountain project is located in the Dawson Range and covers a highly prospective section of the Big Creek fault zone. The project is endowed with three significant mineral deposits. This includes the Nucleus Au deposit, the Revenue Cu-Au-Mo-Ag deposit and the Tinta Hill poly-metallic vein system, as well as numerous other gold showings.

Triumph Gold Overview

Triumph Gold Corp., is a mineral exploration company currently focussed on its 100% owned Freegold Mountain Project, Yukon. This road accessible property is located in the Dawson Range gold-copper belt, host to the Casino Copper deposit, the Coffee gold deposit and the Klaza gold prospect.

Triumph Gold Corp., has a leadership team with a collective history of exploration success as well as capital raising ability.

PROJECTS

Freegold Mountain – Project Summary

The road accessible, district scale (~200 sq. km) Freegold Mountain gold-copper project is located within the Dawson Range, approximately 70 km northwest of Carmacks, Yukon Territory, a stable, mining friendly jurisdiction in northwestern Canada. Since Triumph Gold acquired the property in 2006 more than 20 mineralized zones have been identified and NI 43-101 mineral resources have been delineated at the Revenue Au-Ag-Cu-Mo porphyry-related deposit, Nucleus Au-Ag-Cu deposit and the Tinta Hill Au-Ag-Cu-Pb-Zn vein-related deposit. The company continues to aggressively explore, building ounces at the existing deposits and evaluating the multitude of other targets located on the property.

A District-Scale Project in an Emerging Mining Camp

The project is situated within the Dawson Range which is also host to Goldcorp’s Coffee deposit, Western Copper and Gold’s Casino project, Copper North’s Carmack’s Copper project and Rockhaven’s Klaza deposit. Within the district, the Big Creek Fault is recognized as a controlling structure related to many of the most important deposits. Triumph Gold’s Freegold Mountain project is ideally situated within the Dawson Range along one of the only road accessible portions of the Big Creek Fault.

Severance Property

The Severance Property is located in the Klotassin River valley, 125 km west of Carmacks, Yukon, on NTS map sheet 115J/7. The property consists of 30 Quartz Claims staked in accordance with the Yukon Quartz Mining Act in the Whitehorse Mining District.

Tad/Toro Property

The 6,474 hectare Tad/Toro Project, NTS map sheets 115I/5 & 12 and 115J/8 & 9, is located on Hayes Creek, within the Dawson Range of central Yukon, 100 km northwest of Carmacks, which is 177 km by road from Whitehorse, Yukon Territory. The property is situated in the Whitehorse Mining District with a latitude and longitude of 62o33’N, 137o57’W. The claims are registered to Triumph Gold Corp. Ltd.

The Tad/Toro Project is situated within the 100 km long Big Creek portion of the 250 km long Dawson Range Copper-Gold Belt, which hosts several deposits and mineralized showings of several deposit models including calc-alkalic porphyry copper-gold-molybdenum, intrusion related gold, associated adjacent epithermal vein and breccia systems and peripheral polymetallic veins.

Deposits within the belt are hosted by similar rocks to the Tad/Toro Project and include the Casino porphyry copper-gold-molybdenum deposit (55 km northwest of the Tad/Toro Project), the Laforma low sulphidation epithermal vein deposit and the Antoniuk intrusion related gold deposit (60 km southeast of the Tad/Toro Project). Strong similarities exist with the Nucleus deposit on Triumph Gold’s Freegold Mountain Project (40 km southeast of the Tad/Toro Project).

SOURCE: https://www.triumphgoldcorp.com/

Disclaimer