Trifecta Gold Samples 150 g/t Gold and Expands Land Package at Yuge Property, Nevada
1016 – 510 W Hastings St. www.trifectagold.com
Vancouver, B.C. V6B 1L8 [email protected]
Tel: 604.687.2522 TSX-V: TG
Trifecta Gold Samples 150 g/t Gold and Expands Land Package at Yuge Property, Nevada
June 21, 2018 - Trifecta Gold Ltd. (TSX-V: TG) (“Trifecta”) is pleased to announce results from initial
exploration work on the Yuge p roperty with partner Silver Range Resources Ltd. (TSX -V: SNG). The
Yuge property is located in Humboldt County , northern Nevada, approximately 55 km south of Denio in
the Varyville Mining District. The property covers the historical Columbia and Juanita Mines , which
produced high-grade gold on a small scale between 1870 and 1937 from strong veins located 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 operators below the Columbia workings 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.
A successful reconnaissance program conducted in late April and early May focused on three zones –
Columbia, Juanita and Josie. A total of 68 rock geochemical samples and 25 soil geochemical samples
were collected during the program. Thirty-five of the 68 rock and/or chip samples collected returned
greater than 1 g/t gold . Significant rock sample results are listed below and a map showing their
locations is available on Trifecta’s website.
Columbia – 150, 75.4, 34.9, 10.5, 7.4, and 7.13 g/t gold
Juanita – 11.4, 6.35, and 5.85 g/t gold
Josie – 86.1, 45.2, 42.2, 36.2, 25.7, 21.6, 16.7, 13.1, and 5.49 g/t gold
“Results from our preliminary work at Yuge are very positive and justify further work ,” stated Dylan
Wallinger, Trifecta’s President and Chief Executive Officer. “We have confirmed the presence of high -
grade gold mineralization at and surrounding the historical mines. Due to the near absence of outcrop, we
have not yet determined the limits of the mineralized system.”
Gold mineralization occurs with sulphides (arsenopyrite and pyrite) or their weathered products (scorodite
and iron oxides). Only minor amounts of quartz or silica accompany the mineralization. The veins are
found in fault/ shear zones that cut andesite s, andesitic epiclastics and diorites , but seem to be best
developed within and on the margins of mapped diorite intrusions. Underground workings were not
sampled or mapped during this program due to safety reasons.
At Columbia, multiple rock samples grading greater than 5 g/t gold were collected in a series of trenches
over a strike length of 65 m. Soil samples were collected on a test line over an undisturbed section of the
Columbia Vein to determine the effectiveness of soil sampling on the proper ty. Peak values were 7.2 g/t
gold-in-soil, 6.18 g/t silver-in-soil and 8050 ppm arsenic-in-soil.
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The Juanita target hosts various underground workings and the Juanita Mine, which was once owned and
operated by notable Nevadan prospector Josie Pearl. Man y of the previous diggings have yet to be
mapped and sampled.
The Josie target is a large area located south of the former Juanita Mine that contains scattered historical
diggings, which Trifecta is evaluating for its bulk tonnage potential. Mineralization at the Josie target
was collected over a 500 m long by up to 200 m wide area, from structures that trend oblique to the
Columbia/Juanita system. Most samples at Josie were taken from vein exposures or float, but a 2 m chip
sample, mapped as weathered ‘andesite’ with minor iron oxide , contained 1.84 g/t gold. Two significant
chip samples of vein exposures from partially collapsed trenches graded 45.2 g/t gold over 0.35 m and
42.2 g/t gold over 0.4 m, respectively. The limits of the Josie target have not been defined.
Results from the initial program indicate that gold mineralization at Yuge is more widespread than
documented in the limited historical data and may occur in undocumented structural settings. In response
to the positive results, Tr ifecta has staked additional claims, more than doubling the size of the property.
In addition, an airborne total magnetic field and radiometric survey was completed by Precision
GeoSurveys Inc. in May. Further work could include a program of geological m apping focused on
structure, additional prospecting, systematic soil sampling, and alteration (Short-Wave Infrared) mapping,
followed by trenching and potentially ground geophysical surveys to define drill targets.
Additional information including a short video presentation on the Yuge Property may be found on
Trifecta’s website at www.trifectagold.com.
Samples were secured and transported by the field crew to ALS Minerals facilities in Reno , Nevada for
sample preparation . Pulps were shipped to North Vancouver for assay ing and geochemical analyses.
Rock samples were analyzed by Ultra -Trace Aqua Regia ICP -MS (ME-MS41) and fire assayed for gold
(30 g sample) (Au -AA25). Samples that exceeded the detection limits of the routine methods were
assayed for silver and copper by inductively coupled plasma -atomic emission spectroscopy (Ag/Cu -
OG46) and for gold by gravimetric analysis (Au-GRA21). Soil samples were analyzed by ICP-MS (ME-
MS41L). Field work and sampling were supervised by Roger Hulstein, P.Geo.
Historical data cited in this press release is based on reports by Homestake Mining Com pany,
Westamerica Enterprises and Extension Energy Inc. This data has not been independently verified by
Trifecta but has been checked for internal consistency and against Nevada Bureau of Mines and U.S.
Bureau of Mines public domain data. Technical information in this news release has been approved by
Matthew R. Dumala, P.Eng., a geological engineer with Archer, Cathro & Associates (1981) Limited and
a Qualified Person for the purposes of National Instrument 43-101.
About Trifecta Gold Ltd.
Trifecta is a Canadian precious metal exploration company dedicated to increasing shareholder value
through the acquisition and development of attractive exploration proj ects in Canada and other mining
friendly jurisdictions.
ON BEHALF OF THE BOARD
“Dylan Arnold-Wallinger”
President and Chief Executive Officer
For further information concerning Trifecta or its various exploration projects please visit our newly
updated website at www.trifectagold.com or contact:
Corporate Information
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Trifecta Gold Ltd.
Dylan Wallinger
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 release.