Triumph Gold Announces Definition of a 1.8 X 0.75 km Soil Anomaly along Strike of the Tinta Au-Ag Deposit and Discovery of Gold Bearing Quartz Veins in Six Trenches Over 700 metres Strike Length within the Anomaly
Triumph Gold Announces Definition of a 1.8 X 0.75 km Soil Anomaly along Strike
of the Tinta Au-Ag Deposit and Discovery of Gold Bearing Quartz Veins in Six
Trenches Over 700 metres Strike Length within the Anomaly
TSX.V: TIG
OTCMKTS: NFRGF
Frankfurt: 8N61
VANCOUVER, Nov. 20, 2017 /CNW/ - Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: NFRGF)
(" Triumph Gold " or the " Company ") is pleased to announce that recent soil sampling has defined a 1.8
X 0.75 km multi-element (Au, Cu, Pb, Zn, As, Bi, Sb) soil anomaly, extending the Tinta Au-Ag vein syst em
to the northwest. The anomaly is northwest-southeast trending, open to the northwest and begins 500
metres northwest, along strike, of the Tinta Au-Ag-Cu-Pb-Zn deposit, in an area tested by only one
historical drill hole (see below). Six of seven trenches dug over 700 metres strike length, within th e
anomaly, uncovered multiple clay-altered or silicified zones up to 2.6 metres wide that contain strongly
weathered quartz-chalcedony-carbonate-sulphide vein networks. Sulphide contents are highly variable
due to surface weathering and boxwork after leached sulphides are common. Where sulphides are
preserved they include up to 15% coarse pyrite and variable amounts of galena, sphalerite and
chalcopyrite. Highlights of exploration at Tinta include:
• A 1.8-km-long multi-element soil anomaly, open to the northwest, along strike of the Tinta Au-Ag
deposit has been defined.
• The anomaly has a higher concentration of samples with elevated pathfinder elements (As, Sb, Bi)
than the area surrounding the Tinta vein deposit and a similar concentration of samples with
elevated gold, but over an area twice the size.
• Within the 1.8-km-long soil anomaly, a 700-metre-l ong section was tested with seven trenches. Six
exposed multiple clay-altered or silicified zones with mineralized quartz-chalcedony-carbonate-
sulphide vein networks. Highlights of assay results include:
• 2.21 grams/tonne (g/t) Au and 11.3 g/t Ag over 1.5m in a chip sample from Trench 3
• 0.666 g/t Au and 13.7 g/t Ag over 1.5m in a chip sample from Trench 3
• 1.9 g/t Au and 40.9 g/t Ag in a grab sample from Trench 4.
• 4.9 g/t Ag, 1.5% Zn and 0.4% Pb in a grab sample from Trench 4
• 0.793 g/t Au and 3.7 g/t Ag over 0.4m in a chip sample from Trench 5.
Exploration in the vicinity of the Tinta vein deposit in 2016 comprised a 1.1 sq. km (414 sample) soil
geochemistry grid and VLF-EM and magnetic geophysic al surveys covering 9.0 sq. km. These surveys
defined a number of coincident multi-element soil a nd geophysical anomalies, the most prominent of
which was along strike of the Tinta Au-Ag-Cu-Pb-Zn deposit (see PR17-04, Feb. 27 2017), which has an
inferred resource of 2.16 million tonnes grading 1.89 g/t Au, 54.9 g/t Ag, 0.27% Cu, 0.99% Pb and 1.41%
Zn (December 15, 2014). Follow-up exploration in 2017 included:
1. an expanded soil geochemistry grid with 993 samp les collected over 8 sq. km, and
2. 560 metres of excavator trenching within the coi ncident anomalies defined by the 2016
survey.
The 2017 soil grid expanded the length of the 2016 soil anomaly from 900 to 1,800 metres. In addition,
the 2017 soil survey covered the area around the Ti nta vein to provide a better basis for comparison
between geochemistry of soils in the new anomaly an d soils surrounding the existing deposit.
The 2017 trenches uncovered granite with numerous b road hematite-epidote-chlorite-altered intervals,
the same host rock and alteration that surrounds productive veins in the Tinta deposit. Within these
zones there are multiple discrete strongly weathered, clay-altered or silicified zones up to 2.6 metres wide
that contain quartz-chalcedony-carbonate-sulphide vein networks that appear to be hosted in faulted
zones which are parallel to the Tinta vein trend; similar zones are also observed in the Tinta deposit. The
trenches were mapped and sampled; a total of ninety-two samples were collected including eighteen grab
samples and seventy-three chip samples (collected o ver 107.2 metres). Table 1 contains significant
results from the trench sampling and Figure 1 below (or see Triumph Gold website) shows the locations
of the trenches and samples.
http://www.triumphgoldcorp.com/projects/freegold-mo untain/tinta-hill-deposit/
Table 1: Significant assay results from trenching within the Tinta Extension Soil Anomaly. These data
represent highlights of 2017 trench sampling that included 18 grab and 73 chip samples.
Trench From To Length Sample Au Ag Cu Pb Zn
(m) (m) (m) Type (ppm) (ppm) (ppm) (ppm) (ppm)
TT17-01 16.00 18.00 2.00 CHIP 0.177 36.9 31 234 139
TT17-02 No Significant Assay Results
TT17 -03 12.00 13.50 1.50 CHIP 2.210 11.3 232 117 269
TT17-03 74.00 GRAB 0.759 7.1 69 246 504
TT17 -03 75.50 77.00 1.50 CHIP 0.666 13.7 700 815 911
TT17-04 2.70 GRAB 1.900 40.9 99 910 199
TT17-04 3.50 GRAB 0.100 15.3 1785 1810 1760
TT17-05 24.40 GRAB 0.194 6.2 91 714 519
TT17-06 21.50 GRAB 0.400 25.5 229 451 201
TT17-06 30.00 GRAB 0.171 15.3 77 50 94
TT17-06 71.50 72.50 1.00 CHIP 0.022 1.1 16 734 1910
TT17-06 73.00 GRAB 0.068 4.9 97 4020 15050
TT17-07 18.00 GRAB 0.050 9.2 1045 1885 2500
TT17 -07 20.10 20.50 0.40 CHIP 0.793 3.7 905 47 448
TT17-07 20.30 GRAB 0.891 4.5 62 1550 50
Historical drilling within the newly defined soil anomaly is limited to a single 152 m diamond drill hole
(TH07-06; Figure 1), which was collared between trench 4 and trench 6 (Figure 1). The drill hole was not
well situated to test the mineralized structures identified in 2017 trenches, but it did intersect two
approximately 50 cm quartz veins surrounded by netw orks of quartz-calcite stringers. Assay results
include 0.355 g/t Au and 5.9 g/t Ag over 1.1 m (45. 06-46.16 m) and 0.310 g/t Au and 12.7 g/t Ag over
0.45 m (40.8-41.25 m).
Discussion of results:
Results from the 2016 and 2017 soil sampling survey show a strong multi-element anomaly along strike
of the Tinta vein deposit, with an approximately 500 metre gap between the vein and the newly defined
1.8-km-long anomaly. The geological model of a pinching and swelling vein structure may adequately
explain the absence and then re-occurrence of the soil anomaly along strike of the Tinta vein. The new
soil anomaly covers twice the area of the one defined around the Tinta vein. It has a greater
concentration of samples with elevated gold pathfinder elements (e.g. As, Sb and Bi) and similar
concentration of samples with elevated gold compare d to the samples surrounding the Tinta vein. The
geochemical signature within the new anomaly is suggestive of a higher-level portion of the vein which
may be more prospective for precious metals.
Trenching within the soil anomaly tested less than half of the total length of the anomaly, and uncovered
altered, veined and mineralized rock in six of seven trenches. Trench 2, which did not uncover
mineralized rock, is interpreted to have been dug too far to the southwest to have encountered the sam e
mineralized structures identified in the other trenches. Mineralization in the trenches is associated with
faulted alteration zones, which are also observed in the Tinta deposit. Sulphide leaching has likely
reduced the overall base metal grades of the trench samples.
President's Comment:
Paul Reynolds, Triumph Gold Corp.'s President and C EO comments: "The Tinta Au-Ag deposit is one of
Triumph Gold's higher grade and underexplored resou rces. Identifying an along-strike soil anomaly that
is twice the size of the anomaly surrounding the current resource area is very exciting. If it is an
extension of the Tinta vein system, it could dramatically affect the size of the resource. We look forward
to testing the new anomaly with more trenching and follow-up drilling in 2018 and exploring to the
northwest where the anomaly remains open."
Methods and Qualified Person
Soil samples were collected at predetermined locations identified using a global positioning
system. Samples were collected from B-horizon, or below the top layer of volcanic ash where B-horizon
could not be sampled. The samples were characterized, dried, and delivered to ALS Minerals
Preparation Laboratory in Whitehorse. Samples were analyzed by ALS Global of North Vancouver,
British Columbia using Au-ST43 (super trace Au determination via 25.0 g Aqua Regia digestion and ICP-
MS analysis) and ME-MS41 (51 element analysis via 0 .5 g Aqua Regia digestion and ICP-MS analysis).
Trench samples were collected from locations determ ined by a global positioning system. The samples
were analyzed by ALS Global of North Vancouver, Bri tish Columbia. They were prepared for analysis
according to ALS method PREP35: each sample was cru shed to 70% passing 2mm and a 250g split was
pulverized to better than 95% passing 106 micron me sh. Gold was tested by fire assay with atomic
absorption finish on a 30g nominal sample (method A u-AA23), and samples that tested over 10 g/t Au
were retested using fire assay with a gravimetric f inish (method Au-GRA21). An additional 35 elements
were tested by ICP-AES using an Aqua Regia digestio n (method ME-ICP41), over limit samples for
copper were retested using the same technique but with assay grade Aqua Regia digestion and a higher
range of detection (method ME-OG46). Quality assurance and control (QAQC) is maintained at the lab
through rigorous use of internal standards, blanks and duplicates.
Some technical information contained in this release is historical in nature and has been compiled from
sources believed to be accurate. This technical information has not been verified by Triumph Gold and
may in some instances be unverifiable.
The reported geochemical sampling program was carried out by TerraLogic Exploration Inc. under the
supervision of Michael McCuaig (P.Geo). The reported trenching program was conducted under the
supervision of Jesse Halle (P.Geo). The technical content of this news release has been reviewed and
approved by Tony Barresi, Ph.D., P.Geo., VP Explora tion for the company, and qualified person as
defined by National Instrument 43-101.
About Triumph Gold Corp.
Triumph Gold Corp. is a growth oriented Canadian-ba sed precious metals exploration and development
company. Triumph Gold Corp. is focused on creating value through the advancement of the district scal e
Freegold Mountain project in Yukon. For maps and m ore information, please visit our website
www.triumphgoldcorp.com
On behalf of the Board of Directors
Signed "Paul Reynolds"
Paul Reynolds, President & CEO
For further information please contact:
John Anderson, 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 responsibility for the adequacy or accuracy of this
release.
This news release contains forward-looking informat ion, 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 Com pany'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
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whether as a result of new information, future events or otherwise.
SOURCE Triumph Gold Corp.
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