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TIG.V ·

Pr # 20-01 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

January 20, 2020 TSX.V: TIG

PR # 20-01 OTCMKTS: TIGCF

Frankfurt: 8N61

Triumph Gold Appoints Jesse Halle as Vice President Exploration

Vancouver, British Columbia: January 20 , 20 20. Triumph Gold Corp., (TSX-V: TIG)

(OTCMKTS: TIGCF) (“Triumph Gold” or t he “Company”) is pleased to announce that Jesse

Halle (P.Geo.) has been appointed Vice President Exploration. Jesse brings over twenty years

of geoscience-related experience to the job; he has filled senior technical rolls while advancing

a number o f porphyry copper-gold deposits in Yukon and BC , including Western Copper and

Gold’s Casino deposit, and Copper Mountain Mining’s Copper Mountain deposit. Jesse has

been working with Triumph as an Exploration Manger since 2016.

Triumph Gold President, Tony Barresi (Ph.D., P.Geo.), comments: “We have been lucky to have

an experienced porphyry geologist like Jesse on our technical team and we are excited to

welcome Jesse as Triumph’s new Vice President Exploration. I am confident that Jesse’s fresh

ideas and meticu lous and innovative approaches to exploration will yield more exploration

successes for Triumph Gold.”

Jesse Halle (P.Geo.) comments: "I am extremely pleased to be assuming leadership of Triumph

Gold’s technical team at such an exciting time fo r the Comp any. The past three years have

shown continual exploration success at the Freegold Mountain Project with new areas of

outstanding metal grades and economic potential. I am eager to build on these discoveries and

confident there are more to come.”

Qualified Person

The technical content of this news release has been reviewed and approved by Tony Barresi,

Ph.D., P.Geo., President of the Company, and qualified person as defined by National

Instrument 43-101.

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 Yuko n. 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 "Tony Barresi"

Tony Barresi, President

For further information please contact:

John Anderson, Executive Chairman

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 the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

This news re lease 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 s. Important factors - including the availability of funds, the re sults 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 press release. The Company disclaims any intention or obligation,

except to the extent required b y law, to update or revise any forward -looking statements,

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