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TIG.V ·

PR#20-04 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

June 29, 2020 TSX.V: TIG

PR#20-04 OTCMKTS: TIGCF

Frankfurt: 8N61

Triumph Gold Announces Board and Management Updates

VANCOUVER, British Columbia, June 29, 2020 -- Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS:

TIGCF) (“Triumph” or the “Company”) announces that Tony Barresi has resigned as a director and the

President of the Company and Joe Campbell has resigned as a director of the Company. Tony Barresi

will continue to act as a Technical Advisor to the Company. The Company wishes to thank Mr. Barresi

and Mr. Campbell for their contributions to the Company, in particular Mr. Barresi for his geological

leadership over the past 3 years in discovering the Blue Sky Porphyry and advancing many of the other

projects on the Freegold Mountain Project in the Yukon. “We are thankful for the contributions Tony has

made at advancing all of our projects and fortunate for his continued support working with Jesse Halle,

our VP Exploration,” said Chairman John Anderson.

The Company is pleased to announce that Mr. Brian Bower has agreed to accept a position as Lead Director

of the Company. Mr. Bower has over 30 years’ experience as an exploration and mine geologist working

primarily in British Columbia and Yukon. “Mr. Bow er’s extensive experience in supporting strong

technical teams were instrumental in developing projects like the New Afton Mine, the Kemess South

deposit, the Blackwater project and the Mount Milligan deposit in British Columbia. He has also worked

on the Casino deposits advanced exploration program in the Yukon.” said Mr. Anderson. “We are excited

to have Brian join us as an active participant in expanding our team and rapidly growing the Company

beyond its exploration stage. This is a great step forward for Triumph Gold Corp.”

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.

On behalf of the Board of Directors

Signed “John Anderson”

John Anderson, Executive Chairman

For further information please contact:

John Anderson, Executive Chairman

Triumph Gold Corp.

+1 (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.