TIG.V · 2025-05-12 12:00:00

Triumph Gold Discovers a New Silver and Gold Vein Showing at the Freegold Mountain Project, Yukon

Exploration Programs

PRESS RELEASE

May 12, 2025

PR # 25-03

Triumph Gold Discovers a New Silver and Gold Vein Showing at the

Freegold Mountain Project, Yukon

VANCOUVER, British Columbia, May 12, 2025 – Triumph Gold Corp. (TSX-V: TIG | OTCMKTS:

TIGCF | Frankfurt: 8N61) (“ Triumph Gold” or the “Company”) is pleased to announce the

discovery of a new Silver -Gold vein system, now named the Proton Zone, at its 100% -owned

Freegold Mountain Project in Yukon, Canada. The discovery lies 1.3 km northeast of the Nucleus

Deposit and 2.75 km northwest of the Revenue Deposit.

The Proton Zone was uncovered in fresh bedrock exposed by placer mining at Mechanic Creek

in a previously unexplored area. The mineralized zone spans approximately 15 x 15 metres and

lies over 300 metres from the nearest historic sampling or drill hole (Fi gures 1–3). The shear -

hosted quartz-sulfide veins share a similar geochemical signature to the nearby Nucleus deposit

but are hosted in granodiorite, similar to the Revenue deposit.

Highlights from Proton Zone Sampling (see Table 1):

• Grab sample C959830: 1.68 g/t Au, 8.99 g/t Ag, >10,000 ppm As

• Chip sample C959831 (30 cm): 5.95 g/t Au, 7.17 g/t Ag, >10,000 ppm As

Table 1: Assay Results from the Proton Zone

Sample

Number

Easting

(NAD83-8N)

Northing

(NAD83-8N)

Sample

Type

g/t

ppm

C959829 380510 6714755 Grab 0.50 1.26 153 9,030 94.4 8.57

C959830 380508 6914767 Grab 1.68 8.99 212 >10,000 153 68.3

C959831 380515 6914772 30cm Chip 5.95 7.17 161 >10,000 38.8 49.6

Other high-grade vein zones have been sampled along Mechanic Creek. The Drone Zone,

located 1.3 kilometre s south of the Proton Zone, returned up to 450 g/t gold and 19 g/t silver

(March 2019). An additional zone 600 meters south of the Proton Zone returned values up to 6.58

g/t gold and 13.6 g/t silver.

These zones all feature gold-silver-copper-arsenic-antimony-bismuth geochemistry and have not

been followed up with drilling. Their proximity to the Nucleus and Revenue deposits suggests a

potential link to the Revenue porphyry mineralizing event. The Revenue system is similar in style

to the Casino deposit, part of the Tintina Gold Belt.

Sample Descriptions:

• C959829: Silicified vein-breccia with up to 10% arsenopyrite

PRESS RELEASE

• C959830: Similar to above, about 10 meters away along the same structure

• C959831: Clay-altered, gossanous zone with no visible sulphides, east-trending

Triumph Gold’s VP of Exploration Jesse Halle comments: “Mechanic Creek continues to generate

highly prospective exploration targets, demonstrating the significant growth potential of the

Revenue and Nucleus deposits. This new zone shows gold-and-silver-dominant geochemistry

like the Vest Pocket and Granger zones, the latter being added to the 2020 resource estimate. A

new mineralized trend is emerging, and we are excited to see where it leads.”

Figure 1: Nucleus and Revenue deposits as well as additional zones of mineralization (Map scale

1:30,000)

PRESS RELEASE

Figure 2: Proton Zone Map (1:5,000 scale)

PRESS RELEASE

Figure 3: Proton Zone Sampling

PRESS RELEASE

Nucleus Deposit Overview

The Nucleus deposit hosts epithermal gold-silver -copper mineralization within Paleozoic schists

and gneisses, crosscut by quartz -feldspar porphyry dykes and a leucogranite stock. Structural

control is related to the Big Creek fault system.

2020 Resource Estimate (at 0.30 g/t AuEq cutoff):

• Indicated: 31 million tonnes grading 0.65 g/t gold, 0.07% copper, and 0.7 g/t silver

• Inferred: 9.4 million tonnes grading 0.56 g/t gold, 0.04% copper, and 0.7 g/t silver

Triumph Gold’s Principal Geologist, Marty Henning, comments: “With rising gold and silver prices,

the Nucleus resource is showing strong potential for growth. Mineralization extends below the

current $1,500 per ounce gold pit resource, and further drilling along key structural trends could

significantly expand the resource.”

Figure 4: Distribution of anomalous Gold within surface rock, soil and silt samples

PRESS RELEASE

The last major exploration program at the Nucleus deposit was conducted in 2021. Figure 1, Table

2 and Table 3 provide details of the program and demonstrate the growth potential of the Nucleus

deposit. Drilling completed in 2021 was designed to test mineralization continuity along the four

corners of the main and northern satellite pit resource, the Big Creek South Fault, and the newly

defined Orbit Zone (New Release May 4, 2022). Drill hole attributes are summarized in Table 1,

and gold equivalent (AuEq) composite grades are highlighted in Table 2.

Table 2: Nucleus 2021 Drillhole Summary

Hole-ID Easting

(NAD83-8N)

Northing

(NAD83-8N)

Elevation

Depth

Azimuth Dip

N21-01 379458 6913364 852 306.32 35 -60

N21-02 379120 6913528 951 449.58 30 -60

N21-03 379162 6913073 895 320.43 210 -60

N21-04 379162 6913073 895 295.66 30 -60

N21-05 378859 6913336 974 288.04 220 -60

N21-06 378859 6913336 974 316.99 40 -60

N21-07 379111 6914021 1003 312.42 70 -70

N21-08 379566 6914430 902 327.5 60 -60

N21-09 379666 6914527 860 215.49 45 -70

N21-10 379525 6914090 906 257.86 210 -70

N21-11 379620 6914482 880 232.56 340 -60

O21-01 380343 6912498 812 242.32 220 -50

Table 3. Significant Intercepts >0.50AuEq with sub-intervals >1.0 g/t AuEq.

Hole-ID

From

Interval

AuEq

1750

g/t

N21-01 21 38.5 17.5 0.45 0.33 1.39 0.07

N21-01 57 84.25 27.25 0.75 0.60 1.65 0.08

Including 67 84.25 17.25 1.02 0.85 1.72 0.09

N21-01 218 224.7 6.73 0.29 0.11 1.20 0.11

N21-01 268 272.5 4.5 0.52 0.24 1.72 0.16

N21-02 15.24 46.5 31.26 0.76 0.71 0.67 0.02

Including 28.5 33 4.5 2.10 2.00 1.57 0.05

N21-02 61.5 65.45 3.95 1.30 1.08 2.20 0.12

Including 61.5 65.45 3.95 1.30 1.08 2.20 0.12

N21-02 114.08 119.5 5.37 0.79 0.74 0.39 0.03

N21-02 223.41 236.7 13.29 1.17 0.90 2.24 0.16

Including 228.8 236.7 7.9 1.58 1.25 3.15 0.19

N21-03 90.1 109 18.9 0.55 0.48 0.54 0.04

Including 90.1 95.5 5.4 1.00 0.93 0.57 0.04

N21-04 135.5 138.5 3 1.24 1.18 0.25 0.03

PRESS RELEASE

N21-06 276.38 280.1 3.73 1.22 0.87 1.85 0.21

N21-07 75 82 7 0.46 0.43 0.59 0.01

N21-08 70 86.5 16.5 0.66 0.66 0.25 0.00

Including 70 82 12 0.71 0.70 0.25 0.00

N21-09 85.5 88.5 3 0.89 0.87 0.25 0.01

N21-09 153 163 10 0.46 0.33 0.25 0.08

N21-10 4 13 9 0.41 0.36 0.87 0.02

N21-10 54 63 9 0.71 0.65 0.69 0.03

N21-11 31.6 51.6 20 0.96 0.92 1.46 0.01

Including 31.6 41 9.4 1.41 1.36 2.25 0.01

N21-11 194 198 4 0.55 0.42 1.05 0.07

O21-01 94.5 98.3 3.8 0.68 0.47 1.22 0.12

O21-01 141 146.4 5.43 0.69 0.56 0.69 0.08

References and Disclosures

The AuEq composite was calculated using a >0.50 g/t AuEq and >1.0 g/t AuEq cutoff and <6 m

of internal waste using Datashed Interval Calculator software.

Gold equivalent [AuEq] is used for illustrative purposes to express the combined value of gold,

silver, and copper as a percentage of gold. No allowances have been made for recovery losses

in a mining scenario.

AuEq is calculated using US$1,750.00 per troy ounce of gold, US$24.00 per troy ounce of silver,

and US$4.00 per pound of copper.

AuEq = Au g/t + (Ag g/t X $24.00 / $1750.00) + (Cu% X $4.00 X 22.0462) / ($1750.00 / 31.10)

Sample Preparation and QAQC

Rock samples from the Freegold Mountain Project Proton Zone were submitted to the ALS

Geochemistry laboratory in Whitehorse for sample preparation. Sample pulps were shipped

directly to ALS Vancouver for analyses.

Rock samples were weighed, dried and crushed to 70% passing 2 millimetre s, then riffle-split to

obtain a 250-gram sub-sample pulverized to greater than 85% passing 75 microns (PREP-31). A

0.25-gram sample from each pulp was analyzed for multi -element geochemistry using 4-acid

(near-total) digestion and induced coupled plasma mass spectroscopy (ICP -MS), giving 48

elements (ME-MS61). A 30-gram sample from each pulp was analyzed for Au using fire assay

and atomic absorption spectroscopy (Au-AA23).

PRESS RELEASE

Diamond drill holes at the Freegold Mountain Project are drilled using HTW and NTW core sizes

(70.92 millimetres and 56.00 millimetres diameter, respectively). Sample preparation is completed

at ALS Whitehorse, and sample pulps are shipped to ALS Vancouver for analys is. Samples are

dried and crushed to 70% less than 2 millimetres with a 250-gram riffle-split and pulverized to

better than 85% passing 75 microns (PREP-31).

A 50-gram sample from the pulp is analyzed for gold using fire assay techniques and atomic

absorption spectroscopy with detection limits of 0.005-10 parts per million (“ppm”) (Au-AA24).

Gold over-limit values are re-analyzed using a gravimetric finish with an upper detection limit of

10,000 ppm (Au-GRA22). A 0.25- gram sample from the pulp is analyzed with multi -element

geochemistry (ME-ICP61) using a 4-acid near total digestion and induced coupled plasma atomic

emission spectroscopy (ICP-AES) providing 33 elements.

Sample Quality Assurance/Quality Control (“QAQC”) measures include unmarked certified

reference materials (CRMs), rock blanks, and field duplicates inserted into the sample sequence.

These make up 5% of the samples submitted to the lab for holes reported in this release.

Additional QAQC checks are ongoing in accordance with 43-101 standards.

National Instrument 43-101 Disclosure

The technical content of this news release has been reviewed and approved by Triumph Gold’s

Principal Geologist Marty Henning, P.Geo., a “Qualified Person” as defined in National Instrument

43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators

(“NI 43-101"). He has also verified the data disclosed, including sampling, analytical and test data,

and the underlying technical information in this news release.

About Triumph Gold Corp.

Triumph Gold is a Canadian-based, growth-oriented exploration and development company with

a district-scale land package in the mining-friendly Yukon. Led by an experienced management

and technical team, The Company is focused on actively advancing its flagship Freegold

Mountain Project using multidiscipline exploration and evaluation techniques.

The road-accessible Freegold Mountain Project in the Dawson Range Au-Cu Belt hosts three NI

43-101 Mineral Deposits (Nucleus, Revenue, and Tinta Hill). The Project is 200 square kilometres

and covers an extensive section of the Big Creek Fault Zone, a structure directly related to

epithermal gold and silver mineralization and gold-rich porphyry copper mineralization.

The Company owns 100% of the Big Creek and Tad/Toro gold, silver, and copper properties

along the Freegold Mountain Project strike within the Dawson Range.

The Company also owns 100% of the Andalusite Peak copper-gold property, 36 km southeast of

Dease Lake within the Stikine Range in British Columbia.

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