Trifecta GOLD Implements Corporate Changes
1016 – 510 W Hastings St. www.trifectagold.com
V a n c o u v e r , B . C . V 6 B 1 L 8 [email protected]
Tel: 604.687.2522 TSX-V: TG
TRIFECTA GOLD IMPLEMENTS CORPORATE CHANGES
April 30, 2019 - Trifecta Gold Ltd. (TSX-V: TG) (“Trifecta” or the “Company”) announces a series o f
corporate changes undertaken to preserve working capital as the Company seeks partners and evaluates
transactions to benefit Trifecta shareholders. First, Dylan Ar nold-Wallinger is stepping down as
President and CEO of Trifecta effective April 30, 2019. Second , the Company has agreed to settle an
amount of $75,000 by the issuance of 1,500,000 common shares of Trifecta at deemed price of five cents
per share, pending TSX Exchange approval. Third, Trifecta has withdrawn from its option agreement
with Pacific Ridge Exploration Ltd. (TSX-V: PEX) covering the E ureka Dome property (see Trifecta
news release dated April 26, 2018).
The debt settlement was negotiated as part of a severance package with Dylan Arnold-Wallinger. Richard
Drechsler, a Director of Trifecta, will assume the role of Interim President and CEO of Trifecta.
”The Board wishes to thank Dylan for his efforts on behalf of T rifecta and wishes him success in his
future endeavors,” states Rosie Moore, Director.
Trifecta retains four highly prospective 100% owned gold projec ts in Yukon which include Eureka,
Trident, Triple Crown and Treble, as well as an option to acqui re a 75% interest in the past producing
Yuge gold project located in northern Nevada.
Trifecta’s 100% owned road accessible Eureka Property lies directly on the proposed haulage road for
Goldcorp’s Coffee Deposit, betw een Klondike Gold Corp.’s Klondi ke project and White Gold Corp.’s
Black Hills property. The property straddles the headwaters of Black Hills and Eureka creeks, two of the
most productive placer creeks in the southern part of the Klond ike Goldfields and has many geologic
similarities to White Gold’s nearby Vertigo discovery. The pro perty hosts multiple drill ready targets and
drill confirmed mineral showings within an 8 km long by 2.5 km wide gold-in-soil geochemical anomaly.
The Yuge Property covers the historical Columbia and Juanita Mines, which produc ed high-grade gold
on a small scale between 1870 and 1937 from strong veins locate d more than 1,000 m apart within the
same structural corridor. Historical mining only extended down to the bottom of the oxidized zone.
Diamond drilling by previous operato rs below the Columbia worki ngs produced a true-width sulphide
intersect, which graded 9.70 g/t gold over 3.3 m starting 49 m below surface. This drilling was conducted
in 1981 and no drilling has been completed since. Recent work by Trifecta has indicated that gold
mineralization at Yuge is more widespread than documented in th e limited historical data and may occur
in undocumented structural settings.
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 purpose of National
Instrument 43-101.
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About Trifecta Gold Ltd.
Trifecta is a Canadian precious metal exploration company dedic ated to increasing shareholder value
through the acquisition and development of attractive explorati on projects in Canada and other mining-
friendly jurisdictions.
ON BEHALF OF THE BOARD
“Rosie Moore”
Director
For further information concerning Trifecta or its various expl oration projects please visit
www.trifectagold.com or contact:
Corporate Information
Trifecta Gold Ltd.
Richard Drechsler
Interim President & CEO
Tel: (604) 687-2522 ext. 262
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 i n the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.