1 – Yukon Geological Survey: Bond, J. and van Loon, S., 2023. Trifecta Gold Announces Plans for Eureka and Treble, Yukon
510 – 1100 Melville St. www.trifectagold.com
Vancouver, B.C. V6E 4A6 [email protected]
Tel: 604.687.2522 TSX-V: TG
1 – Yukon Geological Survey: Bond, J. and van Loon, S., 2023.
Trifecta Gold Announces Plans for Eureka and Treble, Yukon
June 7, 2023 - Trifecta Gold Ltd. (TSX-V: TG) (“Trifecta” or the “Company”) is pleased to announce
2023 plans for two of its 100% owned gold projects located in the Dawson Range Gold Belt of west central
Yukon. The Company was awarded Yukon Mineral Exploration Program (YMEP) grants for Target
Evaluation at both the Eureka and Treble projects. Under the YMEP the Yukon Government provides
successful applicants funding to support mineral exploration activities for 50% of eligible expenditures to
a maximum of $50,000.
Eureka Gold Project
Eureka i s located 65 km south of Dawson City, Yukon. The project is road accessible via Newmont
Mining’s proposed Northern Access Route to its Coffee Deposit. Eureka straddles the headwaters of two
of the most prolific placer creeks in the southern Klondike, Eureka Creek and Black Hills Creek. Reported
gold production from 1978-2022 for Eureka Creek is 109,760 ounces while reported production from Black
Hills Creek over the same time period is 117,211 ounces1.
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Despite being the source of substantial placer gold, hard rock exploration at Eureka has only been conducted
intermittently since 1988. Work to date has resulted in the discovery of multiple showings: Wealth, Childs,
Allen, Happy and Bal l, summarized belo w. Grid soil sampling across parts of the Eureka property has
outlined extensive gold-in-soil geochemical anomalies which are similar in size and intensity to anomalies
at nearby gold deposits . Can-dig t renching and hand pitting results from Trifecta’s 2021 program
demonstrated that gold grades in bedrock are often much higher than the overlying soil . Trifecta has
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contracted a larger excavator to support the 2023 trenching and mapping program with the goal of clearly
defining drill targets.
Wealth Showing
Located in the center of the Property, bulldozer trenches across the Wealth Showing exposed quartz
breccias with gougy alteration halos. Highlight trench results include: 0.54 g/t gold across 20 m, 0.97 g/t
gold over 17.9 m, and 0.75 g/t gold across 10 m. RC drilling within this s howing returned encouraging
results including: 0.59 g/t gold across 18.3 m and 2.34 g/t gold over 3.05 m.
Childs Showing
Located 2.5 km south of the Wealth Showing, gold -bearing breccia zones exposed in bulldozer trenches
returned 0.72 g/t gold over a true thickness of 4 m and 0.48 g/t gold across a true width of 5.5 m. RC
drilling at this showing returned 6.62 g/t gold over 1.52 m and 1.19 g/t gold over 1.52 m.
Allen Showing
Located 800 m northeast of the Wealth Showing, a deep trench cut along a north-trending ridge exposed a
brecciated and clay-altered zone that is 2 to 5 m wide. A rock sample from the trench returned 15 g/t gold,
while chip sampling across an alteration zone in the trench returned 0.44 g/t gold across 4 m.
Happy Showing
Located 1.8 km north of the Wealth Showing, a sample from an isolated diamond drill hole assayed 9.99
g/t gold over 1.5 m and has not been followed up.
Treble Gold and Copper Project
The Treble property is located midway between Western Copper and Gold’s Casino Deposit, the largest
copper and gold deposit in the Yukon, and Rockhaven Resources’ Klaza Deposit, a high-grade gold-silver
deposit. The geological setting at Treble closely resembles that of Newmont’s Coffee Deposit, which lies
65 km to the northwest.
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The five strong geochemical anomalies identified on the property comprise highly elevated gold, arsenic,
antimony, copper, and molybdenum -in-soil geochemical responses. Anomalies A, C and E are spatially
coincident with geophysical anomalies in which magnetic highs interpreted as Late Cretaceous intrusions
are surrounded by magnetic lows, (see figure below).
Detailed mapping and prospecting will be completed in areas where there are coincident geophysical
anomalies and anomalous gold, copper, and molybdenum soil geochemical values. Where there are
anomalous geochemical values, but no outcrop, hand pitting and hand trenching will be performed to try
and expose underlying bedrock. Mapping will focus on area s with known outcrop or subcrop as well as
hand pits or trenches that have exposed bedrock. Particular attention will be given to detailed lithological
characterization of intrusive suites and alteration mapping.
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Technical information in this news release has been approved by Heather Burrell, P.Geo., a senior geologist
with Archer, Cathro & Associates (1981) Limited and qualified person for the purpose of National
Instrument 43-101.
About Trifecta Gold Ltd.
Trifecta is a Canadian-based precious metals exploration company dedicated to increasing shareholder
value through the discovery and development of 100% held gold projects in Yukon and Nevada. Initial
drilling at its Yuge Gold Project , located in northern Nevada, has identified multiple broad zones of gold
mineralization near historical high-grade mines. The Company’s Eureka Project hosts an 8 x 2.5 kilometre
belt of surface showings and anomalous gold -in-soil that straddle the headwaters of two of the mo st
productive placer creeks in Yukon’s southern Klondike Goldfields. The Company’s Treble Project covers
a large hydrothermal system, located midway between Western Copper and Gold Corporation’s Casino
Deposit, the largest copper and gold deposit in the Yukon, and Rockhaven Resources Ltd.’s Klaza Deposit,
a high-grade gold-silver deposit.
ON BEHALF OF THE BOARD
“Richard Drechsler”
President and CEO
For further information concerning Trifecta or its various exploration projects please visit
www.trifectagold.com or contact:
Corporate Information
Trifecta Gold Ltd.
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Richard Drechsler
President and CEO
Tel: (604) 687-2522
This news release may contain forward looking statements based on assumptions and judgments of
management regarding future events or results that may prove to be inaccurate as a result of exploration
and other risk factors beyond its control, and actual results may differ materially from the expected results.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this news release.