Triumph Gold


District-scale Gold Exploration in Yukon

Press Releases


Triumph Gold Corp. (TSXV:TIG,OTC:TIGCF,FWB:8N61) is a precious metals exploration and development company focused on advancing its district-scale Freegold Mountain project in the Yukon. The property hosts three known deposits including multiple showings with successful drilling, trenching and sampling. The highlight of the property is the world-class exploration on one of Yukon’s richest porphyry and associated epithermal gold systems.

With gold prices on the rise, emphasis is being placed on discovering large high-grade gold deposits. While the company has not found a deposit to fit this description, it has delineated three gold resources on its property to date and is working towards enhancing the grade and size of the resources. The Blue Sky porphyry and WAu Breccia also host significant grades of copper that show the potential for further mining development.

The Freegold Mountain property has access to excellent infrastructure. The Yukon and Canadian federal government have invested C$360 million in the Resource Gateway project which is expected to be used to upgrade the infrastructure in the Nahanni and Dawson ranges, including the Mount Freegold Road which is situated alongside the property.

The Freegold Mountain project has over 86 years of property data, which has helped the company outline several discovery zones throughout the property. A 2017 drill program targeted the Revenue, Nucleus and Generation zones. Results from the Revenue zone returned one-meter grading 81.3 g/t gold. The 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 following year, Triumph Gold launched an exploration and drilling program to test the six-kilometer-long coincident geochemical and geophysical anomaly and followed up on areas of high-grade mineralization from the 2017 program. The company unearthed two new mineralized zones at the WAu breccia and the Blue Sky zone, one of the longest and highest grading gold-copper porphyries in the Yukon.

Triumph Gold Company Highlights

  • The Freegold Mountain Project is a district-size play that is 35-kilometers-long with 200-square-kilometers of contiguous claims. This is five times the size of Manhattan.
  • The property hosts three NI 43-101 deposits that are all open for growth.
  • Positive results from metallurgical work with over 85 percent gold recovery.
  • The 2017 drill program defined target areas and included an intersection of 81.3 g/t gold over one meter, followed up last year with the discovery of the Yukon’s richest porphyry-related intersections.
  • This newly defined 450-meter strike length of high-grade gold-rich porphyry mineralization is open in all directions and at depth.
  • The property has excellent infrastructure with a government-maintained road going right through the entire property and roads to all deposits and targets.
  • The Freegold Mountain project is located in a good jurisdiction with straight forward permitting and support from government and local communities.
  • Data mining of $35 million database has allowed for low-cost exploration, which has resulted in recent successful discoveries.
  • The 2018 exploration program focused on identifying new porphyry and epithermal mineralization within a six-kilometer-long soil and geophysical anomaly.
  • The Blue Sky porphyry is one of the longest and highest grading gold-copper porphyries in the Yukon.
  • 2019 drill program intersected 400 meters of 1.2 g/t gold equivalent and 102 meters of 1.3 g/t gold equivalent.
  • 2020 exploration extended high-grade gold and silver mineralization within Irene-Goldstar epithermal corridor, including lateral extension of oxidized gold Skarn Zone by over 500 m to the northwest with intersection grades of 7.49 g/t Au and 3.7 g/t Ag over 1 m and vertical extension of high-grade Goldstar vein with assays of 1.59 g/t Au, 96 g/t Ag and 2.3% Cu over 1.56 m.
  • Irene-Goldstar is a highly prospective 3.7 km long epithermal corridor and a high priority target for the 2021 exploration season.
  • Strong investor base with Newmont Mining holding 12.8 percent of shares.
  • Highly-experienced management and technical team.
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