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TIG.V ·

Pr # 19-17 Otcmkts: Tigcf

Corporate Updates

PRESS RELEASE

For Further Information, please 1100 – 1111 Melville Street

Visit our website at Vancouver, BC, Canada, V6E 3V6

www.triumphgoldcorp.com Tel: 604.893.8757

October 2, 2019 TSX.V: TIG

PR # 19-17 OTCMKTS: TIGCF

Frankfurt: 8N61

Triumph Gold Management Appointments

Vancouver, British Columbia: October 2, 201 9. Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS:

TIGCF) (“ Triumph Gold ” or the “ Company”) is pleased to announce the following management

appointments.

Dr. Tony Barresi appointed President

Tony Barresi, Ph.D., P.Geo., has been appointed to the board of directors and President of the Company

following the retirement of Paul Reynolds . The board thanks Paul f or his dedication and leadership as

President and CEO over the past five years. Dr. Barresi is an economic geologist with fifteen years of

base and precious metal exploration experience. Formerly Vice-President, Exploration of the Comp any,

he has built and led the Company’s technical team since mid-2016. During his tenure as Vice-President

Exploration, two high grade gold-rich porphyry-related breccia bodie s (Blue Sky and WAu) were

discovered on the Company’s Freegold Mountain property, and in 2017 Dr. Barresi identified and staked

the Andalusite Peak property in northern BC, which has subsequently been joint ventured to Rio Tinto. In

addition, he has developed and maintained a robust corporate social responsibility program in the Yukon.

Dr. Barresi obtained his B.Sc. (honours) from Saint Mary’s University in 2004 and Ph.D. from Dalhousie

University in 2015. His Ph.D. thesis focused on the interplay between island -arc evolution a nd mineral

deposit formation in BC’s Golden Triangle, one of Canada’s premiere metal d istricts. Tony was awarded

the prestigious Mary -Claire Ward Geoscience Award for his thesis by the Prospectors and Developers

Association of Canada (PDAC) and the Geological Association of Canada (GAC).

John Anderson appointed Interim Chief Executive Officer

John Anderson , the current Executive Chairman of the Company has been appointed interim Chief

Executive Officer. John has presided over the Company since January 2015 focusing on financing and

promoting the Company . Having over 25 years of Capital mar ket experience specializing in the resource

sector, he was a founder and financier of many start-up companies with experience on the TSX, NYSE,

NASDAQ and London AIM and Swiss Stock Exchange. He was a founder of Deep 6 PLC, American

Eagle Oil and Gas as we ll a founding general partner in Aquastone Capital LLC, a New York based gold

fund. John had raised more than $35 million for Triumph Gold before becoming the Chairman and

subsequently another $ 15 milli on for the past three exploration years , including a s trategic investment

from Goldcorp. Prior to this, he worked in Investor Relations at Bema Gold, Investment banking with Hong

Kong based Meyers Capital as well as Corporate Development at Manulife Financial in commercial real

estate development.

Donna Moroney appointed Corporate Secretary

Donna Moroney has been appointed Corporate Secretary . Donna is President of Wiklow Corporate

Services and has over 30 years of extensive experience in regulatory and corporate compliance in both

Canada and the United States. Donna has instructed and provided training in the areas of regulatory

compliance.

About Triumph Gold Corp.

Triumph Gold Corp. is a growth oriented Canadian -based precious metals exploration and development

company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale

Freegold Mountain project in Yukon. For maps and more information, please visit our website

www.triumphgoldcorp.com

PRESS RELEASE

For Further Information, please 1100 – 1111 Melville Street

Visit our website at Vancouver, BC, Canada, V6E 3V6

www.triumphgoldcorp.com Tel: 604.893.8757

On behalf of the Board of Directors

Signed "John Anderson"

John Anderson, CEO

For further information please contact:

John Anderson, CEO

Triumph Gold Corp.

(604) 218-7400

[email protected]

Nancy Massicotte

IR Pro Communications Inc.

(604)-507-3377

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of t he TS X Venture Exchange) accepts r esponsibility for the adequacy or accuracy of this

release.

This news release contains forward -looking i nformation, which involves known and unknown risks,

uncertainties and other factors that may cause actual events to d iffer materially from current expe ctation.

Important factors - including the availability of funds, the results of financing efforts, the c ompletion of due

diligence and the results of exploration activities - that could cause actual results to differ mate rially from

the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR

(see www.sedar.com). Readers are cautioned not to place undue reliance on these forward -looking

statements, which speak only as o f the date of this press release. The company disclaims any intention

or obligation, except to the exten t required by law, to update or revise any forward -looking statements,

whether as a result of new information, future events or otherwise.