Regional Silt Survey Highlights Trifecta Gold’s Eureka Project, Yukon
510 – 1100 Melville St. www.trifectagold.com
Vancouver, B.C. V6E 4A6 [email protected]
Tel: 604.687.2522 TSX-V: TG
Regional Silt Survey Highlights Trifecta Gold’s Eureka Project, Yukon
April 4, 2024 - Trifecta Gold Ltd. (TSX-V: TG) (OTCQB: TRRFF) (“Trifecta” or the “Company” ) is
pleased to report results of a regional Bulk Leach Extractable Gold (“BLEG”) survey conducted in 2023
by Ne wmont Canada , which included the area covering the Company’s 100% owned, road accessible
Eureka Project. Multiple sample sites on the Company’s Eureka Project returned 99th percentile results for
gold and other pathfinder elements characteristic of orogenic gold deposits.
“The results of Newmont Canada’s BLEG survey highlights the prospectivity of the Eureka Project to host
a significant orogenic gold deposit,” states Richard Drechsler, Trifecta’s President and CEO. “Prior work
has largely focused on showings along the central axis of the property, where excavator trenching and
reverse circulation drilling have returned broad gold intercepts associated with breccias, gouge zones and
quartz veins developed along both low angle shears and high angle fault zones. This newly identified silt
anomaly is from an area that has seen relatively limited exploration and is underlain by a major north - to
northwest-trending fault. We are very encouraged by these results and look forward to returning to site for
follow-up.”
Survey details:
In 2023, Newmont Canada conducted an independent regional BLEG sampling survey totaling 292 sample
sites in west-central Yukon. With permission from Trifecta, Newmont Canada sampled 6 sites within the
Company’s Eureka Project as allowed by the Company’s existing exploration permits. Sample sites were
selected to be outside or upstream of historical placer mining ground disturbance and no samples were
collected within active mining operations.
Field samples were collected by Newmont personnel and chemical analyses were performed in the
Newmont (USA) laboratory in Denver, Colorado. Trifecta was recently provided the analytical results for
6 sample sites on the Eureka Project, including the values of 50 elements as well as a percentile ranking
value (out of 100%, where 100% is highest value) for each element analyzed, relative to the 292 -sample
regional dataset.
Percentile rankings of the 6 samples, for orogenic gold pathfinder elements gold (Au), tellurium (Te), silver
(Ag), arsenic (As), bismuth (Bi), as well as copper (Cu) and lead (Pb), are classified below.
Element of interest >99th to 100th percentile 90th to <99th percentile
Gold (Au) 2 of 6 samples
Tellurium (Te) 1 of 6 samples 1 of 6 samples
Silver (Ag) 3 of 6 samples
Arsenic (As) 1 of 6 samples* 2 of 6 samples
Bismuth (Bi) 2 of 6 samples
Copper (Cu) 1 of 6 samples
Lead (Pb) 2 of 6 samples
* includes the highest arsenic value of the entire regional survey
2
The survey highlighted the left fork of Eureka Creek and Child’s Gulch as highly anomalous, with multiple
samples returning 90th percentile to 100th percentile values for pathfinder elements. The eastern tributary of
the left fork of Eureka Creek has not been sampled or prospected by Trifecta and represents a priority target
area for future work.
3
Technical information in this news release has been approved by Jackson Morton, P.Geo., a geologist
with Archer, Cathro & Associates (1981) Limited and a qualified person for the purposes of National
Instrument 43-101.
4
Corporate Update
Trifecta recently announced that it entered into a binding agreement with Strategic Metals Ltd. to acquire
up to 100% of Mt. Hinton and 10 other highly prospective, intrusion-related gold projects located in
Yukon’s Tombstone Gold Belt. The TSX Venture Exchange has notified the Company that the
agreement requires disinterested shareholder approval, which the Company plans to seek at its upcoming
Annual General and Special Meeting.
Trifecta is proceeding with a 4:1 share consolidation as announced March 1st, 2024. The effective date of
the consolidation will be confirmed at a future time, following the Company’s receipt of acceptance from
the TSX Venture Exchange for this consolidation. The reason for the consolidation is to tighten the
public float so as to facilitate the raising of the required capital to fund Trifecta’s obligations under its
agreement with Strategic Metals Ltd. There are currently 80,099,286 shares of Trifecta issued and
outstanding, and there will be approximately 20,024,822 shares issued and outstanding post-
consolidation. There will not be a change of name in conjunction with this consolidation.
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
most 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.
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.