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TIG.V ·

Pr # 21-09 Otcmkts: Tigcf

Corporate Updates

PRESS RELEASE

For further information 1100 – 1111 Melville Street

please visit our website at Vancouver, BC, Canada, V6E 3V6

www.triumphgoldcorp.com Tel: 604.893.8757

September 8, 2021 TSX.V: TIG

PR # 21-09 OTCMKTS: TIGCF

Frankfurt: 8N61

Triumph Gold Announces Completion of Exploration Drilling at the

Freegold Mountain Project, Yukon

Vancouver, B.C., September 8, 2021 – Triumph Gold Corp. (TSX-V: TIG | OTCMKTS: TIGCF)

(“Triumph Gold” or “ the Company”) is pleased to announce the completion of a 19 hole, 6,615

metre diamond drilling program (“the Program”) focused on the Nucleus and Revenue areas of

the Freegold Mountain Project (“the Project”) located in Yukon, Canada (Figure 1). All of the drill

core has been cut, sampled, and submitted to ALS Global for analysis. Final assay results are

expected to return in regular batches throughout September and October.

Initial highlights of the Program include:

• Confirmation of two styles of overlapping mineralization forming the Nucleus gold-silver-

copper deposit with flat-lying skarn mineralization cut by epithermal mineralization associated

with steeply-dipping fault zones within schists and gneiss of Yukon Tanana Terrane (“YTT”)

and felsic intrusive rocks (Photos 1 and 2).

• Intersection of sulphide-replacement and epithermal mineralization proximal to the regional

South Big Creek Fault w ithin YTT and felsic intrusive rocks in step-out drilling south of the

Nucleus gold-silver-copper Deposit (Photo 3). New mineralization was also intersected

southeast of the Nucleus resource area (Photo 4).

• Expansion of porphyry-related and epithermal mineralization at the WAu and Blue Sky Zones

hosted in the Revenue gold -silver-copper-molybdenum-tungsten Deposit (Photo 5). Drilling

also expanded a zone of porphyry-style mineralization proximal to the southern contact of the

WAu Zone. (Photo 6).

Additional exploration activities have advanced mineral prospects on the Freegold Mountain

Project outside of the Nucleus and Revenue Deposit areas. This portion of the 2021 exploration

season is ongoing and includes geological mapping and prospecting, 37 line-kilometres of soil

geochemical surveying, 100 line-kilometres of ground magnetic surveying, and 6 line-kilometres

of HLEM surveying, all of which are expected to be completed by mid-September.

“Triumph Gold has used improved deposit and geophysical modeling along with AI vectoring to

identify and target underexplored areas of the Freegold Mountain Project. We are very excited to

receive assay results to confirm drillcore observations from all areas, including newly identified

mineralization intersected south and east of Nucleus .” says Jesse Halle, VP Exploration for

Triumph Gold. Halle adds “Work on our pipeline prospects is ongoing and preliminary results from

these efforts are very encouraging.”

Qualified Person

PRESS RELEASE

For further information 1100 – 1111 Melville Street

please visit our website at Vancouver, BC, Canada, V6E 3V6

www.triumphgoldcorp.com Tel: 604.893.8757

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 – Standards of Disclosure for Mineral Projects.

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

developed and implemented infection prevention and control measures at the Freegold Mountain

Project to help reduce and minimize the risk of potential COVID-19 transmission in the camp and

related work sites. Employees, contractors, and visitors are regularly tested and monitored for

symptoms and are required to adhere to federal and terr itorial regulations, as well as Company

prevention policies outlined in the Triumph Gold Corp COVID -19 Operational and Emergency

Response Plans.

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 Cu-Au Belt and

is host to three NI 43-101 Mineral Deposits (Nucleus, Revenue, and Tinta Hill). The Project is 200

square kilometres and 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. Led by an experienced management and technical team, Triumph Gold 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

For further information about Triumph Gold 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]

PRESS RELEASE

For further information 1100 – 1111 Melville Street

please visit our website at Vancouver, BC, Canada, V6E 3V6

www.triumphgoldcorp.com Tel: 604.893.8757

Mars Investor Relations

(647) 557-6651

[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 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 expectatio ns 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 forward-looking statements, whether as a result of new

information, future events or otherwise.

Figure 1 – Freegold Mountain Project location Map and area of 2021 drilling program

PRESS RELEASE

For further information 1100 – 1111 Melville Street

please visit our website at Vancouver, BC, Canada, V6E 3V6

www.triumphgoldcorp.com Tel: 604.893.8757

Photo 1. N21-01 at 19m – Oxidized limonite after pyrite skarn replacement mineralization

within YTT (Nucleus Deposit)

Photo 2. N21-02 at 114.20m – Epithermal-style quartz-pyrite-arsenopyrite veinlet within

argillic altered YTT (Nucleus Deposit)

PRESS RELEASE

For further information 1100 – 1111 Melville Street

please visit our website at Vancouver, BC, Canada, V6E 3V6

www.triumphgoldcorp.com Tel: 604.893.8757

Photo 3. N21-05 at 174.14m – Semi-massive sulphide (marcasite +/- pyrite dominant)

replacement within iron carbonate altered YTT (Big Creek South Fault area).

Photo 4. O21-01 at 159.8m – Epithermal style chalcopyrite-molybdenite-bornite veinlet cutting

Microgranite and YTT (Orbit Zone).

PRESS RELEASE

For further information 1100 – 1111 Melville Street

please visit our website at Vancouver, BC, Canada, V6E 3V6

www.triumphgoldcorp.com Tel: 604.893.8757

Photo 5. RVD21-03 at 411.50m – Epithermal style scheelite and chalcopyrite WAu breccia

mineralization within argillic altered Revenue granodiorite.

Photo 6. RVD21-03 at 372.50m – Disseminated chalcopyrite within an intrusive contact

breccia in the hanging wall of the WAu Zone.