Pr # 19-18 Otcmkts: Tigcf
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 11, 2019 TSX.V: TIG
PR # 19-18 OTCMKTS: TIGCF
Frankfurt: 8N61
Dear Triumph Gold Corp. Shareholders,
Following last week’s announcement of changes to our senior management team, John
Anderson, our Executive Chairman and Interim CEO, and I, Tony Barresi, President, wanted to
introduce ourselves and give you an update on Triumph Gold Corp’s activities.
Let me start by saying that I am very excited to be leading Triumph Gold Corp. a well funded
and managed company with multiple leading projects in a top jurisdiction.
John and I are very proud to have led many of the initiatives that resulted in the exploration and
corporate successes of the past four years ; we are even more enthused about the future. We
are energized to unlock the potential of our world- class portfolio of exploration projects by
incorporating our recent high- grade discoveries into a new resource model, making additional
new discoveries, advancing our wealth of pipeline projects, and working c losely with major
mining companies.
We have positioned Triumph Gold Corp. to benefit from what we believe will be a strong bull
market for gold. The Company has numerous exploration opportunities on our 100% owned
Freegold Mountain property, which is endowed with great infrastructure and geology.
We will continue to forge strong relationships with First Nation and territorial governments,
advocate for infrastructure projects, and develop strong foundations of community support and
social licence in our pr oject areas. We will foster the unique and strong relationships we have
built with industry partners, including our largest shareholder, Newmont Goldcorp, as well as Rio
Tinto Exploration Canada who optioned our Andalusite Peak property in northwest British
Columbia.
Our primary jurisdiction, the Yukon Territory in Canada, is attracting the attention of industry and
investors globally. With an already impressive resource base, our leverage to what we believe is
a rapidly rising gold price is exciting, however, it is our expertise in making new discoveries that
will continue to accelerate shareholder value.
About the last four years
The past four years have been formative for Triumph Gold Corp. and for our shareholders who
have been rewarded with an approximately ten-fold increase in share price.
During this period, we have tenaciously explored the Company's 100% owned, road accessible,
district scale (200 km 2) Freegold Mountain property in the Yukon Territory. Prior to 2016 the
Freegold Mountain property benefited from over $40 million dollars in exploration expenditures,
which culminated in delineation of three deposits with current NI 43 -101 resource estimat es
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
(Nucleus, Tinta and Revenue). Following this period of resource definition, focused exploration
resulted in a number of exciting new discoveries with the most notable being:
1. Two high- grade, gold- rich, porphyry -related breccia bodies (the Blue Sky Porphyry
Breccia and WAu Breccia), each of which yielded the longest >1% copper equivalent
porphyry-related intersections in Yukon exploration history (e.g. 316 metres of 1.1
grams/tonne (g/t) gold, 0.27% copper in the Blue Sky Porphyry Breccia, and 400 metres
of 0.73 g/t gold and 0.23% copper at the WAu Breccia);
2. The highest -grade epithermal style mineralization ever found in the prolific Revenue
area (e.g. 7 metres of 15 g/t gold);
3. A mineralized corridor along strike of the polymetallic Tinta vein with a surface
expression that is double the strike-length of the current Tinta resource area; (drill
ready);
4. A 450-metre-long drill tested zone of epithermal gold vein mineralization at Irene, which
likely extends to the Goldstar vein system, covering a 3.7 km strike- length and 550
metre variation in elevation.
5. A third copper -gold porphyry system that has never been drilled (the Cabin Porphyry,
now drill-ready).
Our 2019 exploration results
The first new drill results released in 2019 documented exploration success , with a 400- metre-
long intersection that more than doubl ed the known depth of near surface, gold- rich
mineralization at the WAu Breccia, and beneath that discovering a porphyry copper-gold system
with an additional 102-metre-long high-grade intersection.
We would like to remind our shareholders that the majority of 2019 exploration results will be
released in the upcoming weeks and months as the data are received and validated by our
technical team. To date, only results from two of seven drill holes testi ng for porphyry
mineralization in the six -kilometre long Revenue-Nucleus area have been released. In addition
to drilling, Triumph also conducted trenching, mapping, and hyperspectral surveys at
Goldstar/Irene, Cabin and Tinta on the Freegold Mountain property and a soil survey on the Tad
Toro property, all with results pending.
Yours truly,
Tony Barresi, Ph.D., P.Geo. John Anderson
President and Director Executive Chairman and Interim CEO
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
For further information please contact:
John Anderson, Executive Chairman
Triumph Gold Corp.
(604) 218-7400
Nancy Massicotte
IR Pro Communications Inc.
(604)-507-3377
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibil ity for the a dequacy or accuracy of this
release.
This news release contains forward- looking information, which involves known and unknown risks,
uncertainties and other factors that may cause actual events to differ materially from current expectation.
Important factors - including the availability of funds, the results of financing efforts, the completion of due
diligence and the results of exploration activities - that could cause actual results to differ materially 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 of the date of this pres s release. The company disclaims any intention
or obligation, except to the extent required by law, to update or revise any forward- looking statements,
whether as a result of new information, future events or otherwise.