Pr # 21-07 Otcmkts: Tigcf
PRESS RELEASE
For Further Information, please 1100 – 1111 Melville Street
Visit our website at Vancouver, BC, Canada, V6E 3V6
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June 29, 2021 TSX.V: TIG
PR # 21-07 OTCMKTS: TIGCF
Frankfurt: 8N61
Triumph Gold Announces Start of 2021 Exploration Program
at the Freegold Mountain Project, Yukon
Vancouver, B.C., June 29, 20 21 – Triumph Gold Corp . (TSX-V: TIG | OTCMKTS: TIGCF)
(“Triumph Gold” or “the Company”) is excited to announce the commencement of the 2021
Exploration Program (“The Program”) at the Freegold Mountain Project, located in the prolific
Dawson Range Copper-Gold District of mining-friendly Yukon (Figure 1). The first diamond drill
and field crews mobilized to site on June 15th, initiating Phase I of the Program.
Phase I consists of 8,000 metres of diamond drilling , 100 line -kilometres of ground
geophysical surveying, 35 line -kilometres of soil sa mpling, and surface trenching. The
Program intends to add new inferred resources and upgrade inferred resources to indicated
resources at the Nucleus and Revenue Deposits, as well as discover and develop zones of
mineralization at prospects outside the deposit areas.
2021 Exploration Program Overview (Phase I):
• Approximately 3,000 metres of diamond drilling at the Revenue Deposit testing lateral extents
of the WAu Porphyry Zone (open to depth as described in PR19-16) and the near -surface
expression of the Blue Sky Porphyry Zone, first discovered in 2018 (PR18-09).
• Approximately 3,000 metres of diamond drilling a t the Nucleus Deposit testing newly
modelled shallow-dipping mineralized strata at structural breaks. Drilling will also test and
further define indicated oxide gold zones through cyanide leach analysis.
• Approximately 1,500 metres of i naugural drilling at the Melissa Zone, defined around an
undrilled 1.5 kilometre-long, multi-element geochemical anomaly and coincident chargeability
and resistivity anomaly within Yukon-Tanana Terrane, host rock to the Nucleus Deposit.
• Approximately 500 metres of s tep-out drilling in the Irene-Goldstar Corridor testing multi-
element and geophysical anomalies and the down-dip extension of the Goldstar Vein based
on positive results of the 2020 drill campaign near the Red Fox/Vindicator Zone (PR 21-01).
• Over 100 line-kilometers of ground magnetic geophysical surveying over the Irene-Goldstar
Corridor, Stoddart, Cabin, and Melissa Zones.
• Approximately 6 line-kilometers of HLEM geophysical surveying over northwest-trending vein-
style mineralization along strike of the Tinta Hill Deposit.
Jesse Halle, Vice President of Exploration for Triumph Gold comments, “Through a focused
review and rebuild of the Freegold Mountain Project 3D model, the technical team has digested
the entire dataroom and designed a comprehensive, multi-tiered exploration program – a process
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that has already added significant value to the Projec t and will be instrumental in achieving
Triumph’s strategic goals.”
Figure 1 – Location and Regional Geology Map of the Freegold Mountain Project, Yukon
Revenue Deposit
The Revenue Deposit is a Au -Cu-Ag-Mo-W porphyry system centered around an east-trending
ovoid diatreme intrusive breccia body separating two distinct phases of Whitehorse Suite
granodiorite. Zones of gold -rich porphyry copper style mineralization have been identified in
numerous locations around the breccia, notably the southern and eastern c ontacts, where the
Blue Sky and WAu Breccia Zones were discovered in 2017 and 2018, respectively.
Nucleus Deposit
The Nucleus Deposit is a Au-Ag-Cu epithermal skarn system within strata of the Yukon-Tanana
terrane and various plutonic bodies. These units are crosscut by east-trending dike swarms.
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Intrusive lithologies are largely granitic to granodioritic in composition. Mineralization is hosted
within polyphase quartz-chalcopyrite-pyrite-arsenopyrite veins, infill breccia, and semi-massive to
massive sulphide lenses associated with multiple phases of skarn and epithermal gold
mineralization.
Melissa Zone
The Melissa Zone lies at the core of a broad, 1.5 kilometre by 800 metre northwest-trending zone
of anomalous gold-silver-arsenic +/- copper-lead-zinc soil geochemistry bordering the Irene Zone.
It is hosted in metasedimentary schists of the Yukon Tanana Terrane (host to the Nucleus
Deposit) and quartz-feldspar porphyry dikes. Historic soil samples have returned values up to 885
ppb gold and 1 ,400 ppm arsenic. Historic trench grab samples from the Melissa Zone have
returned values up to 5.67 g/t gold and 52.8 g/t silver (Sample ID M012769).
Irene-Goldstar Corridor
The Irene-Goldstar Corridor is located within a 3.7-kilometre long northwest-trending Au-Ag skarn
and epithermal system with gold and base metal enrichment . The dominant host lithologies are
strata of the Yukon Tanana Terrane intruded by plutonic bodies and/or dike swarms. Historic grab
samples from the Vindicator Zone have assayed up to 93.8 g/t gold and 1,108 g/t silver (PR 20-
03) and the 2020 program extended known mineralization along strike and to depth (PR 21-01).
Tinta Hill Deposit
The Tinta Hill Deposit consists of sub -parallel polymetallic Au-Ag-Cu-Pb-Zn veins hosted within
Long Lake Suite plutonic rocks. Vein segments have been mapped for more than 3,500 metres
along strike, with true thickness between 0.9 metres to 1.6 metres. Mineralization is dominated
by northwest ‐trending, sub ‐vertical quartz ± carbonate ‐ sulphide veins containing pyrite,
chalcopyrite, galena, and sphalerite.
COVID-19 Response
Triumph Gold is committed to the health and safety of its employees and contractors. With
recommendations from the Yukon Government and Yukon Chamber of Mines, the Company has
developed and implemented infection prevention and control measures at the Freegold Mountain
Project to help mitigate the risk of potential COVID-19 transmission in the camp and related work
sites. During the 202 1 field campaign, employees, contractors, and visitors will be regularly
monitored for symptoms and re quired to review and adhere to current federal and territorial
regulations, as well as company prevention policies outlined in Triumph Gold Corp COVID -19
Operational Plans while on site. Should anyone on site have COVID-19, or symptoms of COVID-
19, all employees will be required to follow the Triumph Gold Corp COVID -19 Emergency
Response Plan. As of June 23, 2021, there have been 224 confirmed cases of COVID -19 in
Yukon (122 of which have been resolved by full recovery ) and 57,716 total doses of vaccines
administered. Please visit https://yukon.ca/en/case-counts-covid-19 for up to date COVID-19 data
and guidelines for Yukon residents and business operators.
PRESS RELEASE
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Visit our website at Vancouver, BC, Canada, V6E 3V6
www.triumphgoldcorp.com Tel: 604.893.8757
Qualified Person
The technical content of this news release has been reviewed and approved by Jesse Halle,
P.Geo., Vice President of Exploration for the company and qualified person as defined by National
Instrument 43-101.
About Triumph Gold Corp.
Triumph Gold Corp. is a Canadian based, growth-oriented exploration and development company
with a district scale land package in mining friendly Yukon. The Company’s 100% owned, road
accessible, flagship Freegold Mountain Project is located in the Dawson Range Copper-Gold Belt
and is host to three NI 43-101 Mineral Deposits (Nucleus, Revenue, and Tinta Hill; PR 20-02).
The Project covers an extensive section of the Big Creek Fault zone, a structure directly related
to epithermal gold and silver mineralization as well as gold -rich porphyry copper mineralization.
The Company, led by an experienced management team, is focused on actively advancing the
Freegold Mountain Project using multidiscipline exploration and evaluation techniques.
The Company also owns 100% of the Big Creek and Tad/Toro copper -gold Properties, situated
along strike of the Freegold Mountain Project within the Dawson Range. For more information,
please visit triumphgoldcorp.com.
On behalf of the Board of Directors
Signed “John Anderson"
John Anderson, Executive Chairman and Interim CEO
For further information please contact:
John Anderson, Executive Chairman
Triumph Gold Corp.
(604) 218-7400
Nancy Massicotte
IR Pro Communications Inc.
(604) 507-3377
Mars Investor Relations
(647) 557-6651
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 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,
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
the completion of due diligence and the results of e xploration 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 by law, to update or revise any for ward-looking statements, whether as a result of new
information, future events or otherwise.