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TG.V ·

Trifecta Gold Ltd Appoints Mr. Jackson Morton as Vice President and Provides Corporate Update

Management Changes

510 – 1100 Melville St. www.trifectagold.com

Vancouver, B.C. V6E 4A6 [email protected]

Tel: 604.687.2522 TSX-V: TG

Trifecta Gold Ltd Appoints Mr. Jackson Morton as Vice President and Provides Corporate

Update

April 22, 2024 - Trifecta Gold Ltd. (TSX-V: TG) (OTCQB: TRRFF) (“Trifecta” or the “Company”) is

pleased to announce that Jackson Morton P.Geo. has joined the Trifecta team as Vice President.

“It is my pleasure to announce the addition of Mr. Morton to the Trifecta team as Vice President,” states

Richard Drechsler, Trifecta’s President and CEO. “I have had the pleasure of working with Jack since 2007,

and his passion for exploration and discove ry is contagious. Jack ’s skillset is wide-ranging, and he is

credited with several mineral occurrence discoveries, having been a Principal and Senior Geologist with

the Vancouver -based consultancy Archer, Cathro & Associates . He has a deep knowledge of our

exploration portfolio having managed multiple of our past programs on behalf of Archer, Cathro.

Jack and I will be collaborating closely as we advance Mt. Hinton and other projects in Trifecta’s portfolio.

We believe that the timing of the Tombstone Gold Belt transaction couldn’t be better, and we look forward

to making new discoveries within the camp-scale projects.”

Mr. Morton has over a decade of experience leading mineral exploration programs across North America

as a former Principal and Senior Geologist with Archer, Cathro. In addition, his continual focus on industry

trends, techniques and evolving geological paradigms has allowed him to identify many prospective targets

for acquisition, including claims previously vended through Trifecta to form one of the Company’s two

third-party royalty interests. Mr. Morton obtained a Bachelor of Science in Earth Sciences from Simon

Fraser University in 2013 and is a registered Professional Geologist in British Columbia. He is a Technical

Advisor with Silver Range Resources Ltd., and the incoming Chair of the Vancouver Mining Exploration

Group (M.E.G.).

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. This is a Non-Arm’s Length Transaction so under MI 61-101 the Company

plans to seek disinterested shareholder approval at its upcoming Annual General and Special Meeting on

June 24th, 2024.

Trifecta is proceeding with a 4:1 share consolidation as announced March 1 st, 2024. The effective date of

the consolidation will be announced shortly. 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 issue d 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 metal s exploration company dedicated to increasing shareholder

value through the discovery and development of 100% held gold projects in Yukon and Nevada. Initial

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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.