Triumph Gold

District-scale Gold Exploration in Yukon

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Triumph Gold Corp. (TSXV:TIG, OTCQB:TIGCF) is a precious metals exploration and development company focused on advancing the district-scale Freegold Mountain project in Yukon. The property hosts three known deposits with a combined NI 43-101 resource estimate of 3.25 million ounces of gold, as well as multiple showings with excellent blue sky potential.

The company has worked on analyzing the 86 years of data collected on the property. New expert examination of the data led to the planning of a low-cost exploration program which included the company’s first drill program over the summer of 2017. The drill program targeted the Revenue, Nucleus and Generation zones, including results such as 81.3 g/t gold over 1.0 meter at the Revenue zone. The exploration program also led to the discovery of a high-grade, gold-rich porphyry mineralization zone that covers 450 meters and remains open in all directions. The company launched its next phase of drilling in March 2018, with the aim of further exploring a porphyry system in the Keirsten zone.

Triumph Gold is led by a strong management team with decades of experience in mineral exploration. Chairman John Anderson has revamped the company with a new Board, new management and a collection of strong value added shareholders. President Paul Reynolds is a professional geoscientist well-versed in managing public companies. Dr. Tony Barresi, the VP of Exploration, is responsible for identifying the 4 new discoveries to follow up on after conducting data mining and field work. Dr. Barresi is a professional geologist who has worked for both Yukon and on BC government geological surveys.

Company Highlights 

  • Combined 3.25 million-ounce gold resource at district-scale Freegold Mountain
  • A district size play of 35 km long and over 200 sq. km.
  • Three 43-101 deposits with resources that are all open for growth
  • Positive results from metallurgical work with over 97% AU recoveries.
  • 2017 drill program defined target areas and included new intersection of 81.3 g/t gold over 1.0 meter
  • Newly defined 450-meter strike length of high-grade gold-rich porphyry mineralization open in all directions and at depth
  • Excellent infrastrucure with a Government maintained road going right through the entire property and roads to all deposits and targets
  • Good jurisdiction, straight forward permitting and support from government and local communities.
  • Data mining of $35 million database allows for low-cost exploration.
  • 2018 exploration program to cover 18,000 of drilling and is focused on identifying new porphyry and epithermal mineralization within a 6 km long soil and geophysical anomaly.
  • Excellent cash position with $7 million in the bank.
  • Strong investor base with Goldcorp holding 19.999% of total shares outstanding
  • Highly experienced management and technical team.

Key Property: Freegold Mountain Project, Yukon 

Triumph Gold’s Freegold Mountain Project covers a highly prospective section of the Big Creek fault zone in Yukon’s Dawson Range. The district-scale project shares an address with several notable mineral properties including Capstone Mining’s Minto Mine, which lies 40 kilometers to the northeast of Triumph, as well as Copper North Mining’s Carmacks Copper Project and Rock Haven Resources’ KLAZA project. Western Coppers Casino deposit and Goldcorp’s $520million acquisition of Kaminak (2016) is immediately northeast along trend of the Big Creek Fault

Freegold Mountain’s location bestows some of the best infrastructure for a project in Yukon. Located 200 kilometers northwest of Whitehorse, the property is accessible by the main paved all-weather Klondike Highway and the government-maintained Freegold Road that runs through the property. Commercial grid power is available with a spur electrical line extending into the Minto Mine. “The infrastructure that we enjoy is some of the best in the territory; in fact, this property package was put together because of the area’s great infrastructure,” said Triumph Gold Chairman John Anderson.

District-scale potential with multiple deposits and showings

The project hosts three significant mineral deposits and numerous gold showings which represent porphyry-epithermal systems. The deposits include the high-grade gold Nucleus deposit, the Revenue copper-gold-molybdenum-silver deposit and the Tinta Hill poly-metallic vein deposit.Triumph Gold - District-scale Gold Exploration in YukonFreegold Mountain has a combined 3.25 million ounces of gold NI 43-101 resources

Triumph Gold - District-scale Gold Exploration in Yukon

Data mining and low-cost exploration

Triumph Gold’s exploration strategy for the Freegold Mountain project was initially centered on evaluating a large database representing $35 million in exploration work conducted on the property since 2006. Through careful evaluation of the data and prospectivity mapping, the company identified four high-priority targets for their 2017 exploration program.

In June 2017, Triumph launched a 13,000-meter drill program on the property, with the goal of testing the targets identified as part of the data review: the Revenue, Nucleus and Generation zones. The company was able to drill 35 holes, while also undergoing 600 meters of trenching in the Tinta Hill region and collecting 993 soil samples as part of the summer’s field program.

Highlights from the exploration and drilling program include the following:

  • The definition of 450-meter high-grade gold-rich porphyry mineralization across multiple drill holes, which included results such as 57 meters of 1.72 g/t gold equivalent at 1.08 g/t gold and 0.285 percent copper
  • The discovery of a new gold showing, named the Happy Creek showing, on trend with the Revenue and Nucleus geophysical anomaly; surface grab samples presented results of 5.77 g/t gold
  • High grade gold mineralization south of the Revenue zone including 7.0 meters of 15.0 g/t gold
  • Multiple gold-copper mineralization intersections in the east of the Revenue zone including 58.65 meters of 1.48 g/t gold equivalent at 0.971 g/t gold and 0.22 percent copper

To continue work at the Freegold Mountain project, the company planned an 18,000-meter drill program, the first phase of which was launched in March 2018. Spring and early-summer drilling results available to date include:

  • Expansion and definition of the Au-Ag-Cu-Mo-rich breccia body (WAu Breccia) first reported in 2017. The breccia was intersected by five additional drill holes including 72.00 m of 1.33 g/t AuEq, 128 m of 1.27 g/t AuEq and 43.02 m of 1.50 g/t AuEq.
  • Multiple drill intersections of mineralization within the Revenue diatreme (main breccia body) including 44.00 m of 1.08 g/t AuEq, 19.81 m of 1.24 g/t AuEq and 11.00 m of 2.04 g/t AuEq.

Highlights from the first three drill holes to intersect the Blue Sky porphyry zone intersected strong gold-rich porphyry mineralization, including the following assay results:

  • 13 m of 1.24 g/t Au, 0.31% Cu, 7.0 g/t Ag and 0.01% Mo.
  • 50 m of 1.53 g/t Au, 5.8 g/t Ag, 0.28% copper and 0.01% Mo
  • 26 m of 0.03 g/t Au, 2.5 g/t Ag, 0.15% Cu and 0.02% Mo

Exploration is ongoing with drill results expected to flow throughout the fall.


Paul Reynolds, P Geo., President, CEO and Director

Paul Reynolds is a professional geoscientist with over 28 years of experience working in Canada, the U.S., Bolivia, Guyana and Argentina. Reynolds has 20 years of experience managing public companies as a director or executive officer.

John Anderson, Chairman of the Board and Director

John Anderson was a founding general partner in Aquastone Capital LLC, a New York based gold fund. Anderson has raised more than $35 million for Triumph Gold (formerly Northern Freegold).

Tony Barresi, Ph.D., P.Geo, Vice-President Exploration

Tony Barresi is a professional geologist with 11 years of experience in mineral exploration, and served three years with the Yukon and BC geological surveys.

Rakesh Patel, Chief Financial Officer

Rakesh Patel is a partner in the Audit and Assurance Group at DMCL Chartered Professional Accountants. He provides audit and advisory services to Canadian and US private and public companies. He specializes in guiding private companies entering the public markets and assisting them with the registration process. He also has extensive knowledge of Canadian and US securities rules relating to the public markets, initial public offerings, prospectuses and mergers and acquisitions.

Joseph Campbell, Director

Joseph Campbell is a professional geologist with 34 years of experience in exploration and mining, including roles as Exploration Manager, Mines Manager and Chief Mine Geologist of various gold and base metal mines, and as Project Manager for advanced mine development projects. In 2002, he co-founded GeoVector Management, a geoscientific consulting firm. Campbell was responsible for the definition of a 250 million tonne nickel laterite Pinares deposit in Cuba; and for the discovey of the Meliadine gold project in Nunavut, taking the project from discovery to pre-feasibility.

Marco Strub, Director

Marco Strub is the principal of Sircon AG, a consulting and investment research company based in Zurich. Prior to that he was a partner at Exulta AG from 1997 to 2003.

Gregory Sparks, Director

Gregory Sparks is a registered Professional Engineer and is currently the Managing Director–Metals of John T. Boyd Company Mining and Geological Consultants. He has over 40 years of diverse experience relating to surface and underground mines and plants. He has held numerous senior executive roles for both exploration and development projects. Previously he was the General Manager of Genex Construction LLC, a heavy civil construction firm. He was formerly Vice President, Development of Echo Bay Mines Ltd. He has a B.Sc. in Mining Engineering from the Missouri School of Mines.


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