Triumph Gold Announces Highlights of 2023 Exploration at the Tad Toro and Big Creek Properties, Tintina Gold Belt, Yukon
PRESS RELEASE
November 20, 2023
PR # 23-03
Triumph Gold Announces Highlights of 2023 Exploration at the Tad
Toro and Big Creek Properties, Tintina Gold Belt, Yukon
Vancouver, BC November 20, 2023 – Triumph Gold Corp. (TSX-V: TIG | OTCMKTS: TIGCF |
Frankfurt: 8N61) (“Triumph Gold” or “the Company”) is pleased to announce highlights and
results from the August 2023 exploration program (the “Program”) at the contiguous Tad Toro
and Big Creek Properties (the “Properties”). The Properties are located 15 km to 20 km northwest
from the Company’s Flagship Freegold Mountain Project along the prolific Big Creek Fault (Figure
1) and display multiple polymetallic epithermal-style soil anomalies coincident with porphyry-style
alteration at the Tad Toro Property and polymetallic targets at the Big Creek Property.
With a focus on further refining gold targets, the 2023 Program included digital compilation of
historical soil geochemistry data, expansion and infill of historical soil survey grids, mapping and
sampling of bedrock exposures, and logging and sampling of select historical drill holes, including
hyperspectral and magnetic susceptibility measurements.
Tad Toro Property Highlights:
• Identification of several, broad, multi-element soil anomalies over a 6 km strike length,
including the Main Zone, Nit Zone, Nit West Zone, and CP Zone (Figure 2)
• Subsequent expansion of the CP Zone , untested by drilling, by 400 m, with twelve of
the 185 new soil samples assaying over 5 g/t Ag, including:
o TTL4-0350 with 23.1 g/t Ag, 991 ppm Zn and 208 ppm Pb, and
o TTL7-0250 with 0.12 g/t Au, 8.94 g/t Ag, 31.3 ppm Sb, 3010 ppm Zn and 383
ppm Pb.
• Discovery of a new surface geochemical anomaly at the Tad East Zone, with 80
inaugural soil samples revealing:
o 15 samples with over 1 g/t Ag, including TTEL4-0600 with 6.2 g/t Ag and TTEL3-
0550 with 6.7 g/t Ag, and
o TTEL3-0550 with 107 ppm Cu and TTEL4-0600 with 188 ppm Cu.
• Confirmation of porphyry -related alteration through hyperspectral analysis of 45
samples representing 430 m of historical drill core, including well- defined argillic
alteration signatures at the Main Zone and phyllic alteration signatures at the Nit Zone,
located 3.8 km apart.
Big Creek Property Highlights:
• Development of the Main Zone multi-element soil geochemical anomaly to 3 km x 1 km,
incorporating five consecutive samples each (spaced 50 m apart), of greater than 1 g/t
Ag, including,
o BCL2-0750 with 2.85 g/t Ag, 204 ppm Zn, and 181 ppm Pb, adjacent to
o BCL2-0700 with 3.1 g/t Ag, 102 ppm Zn and 50 ppm Pb.
• Data compilation and interpretation identi fied a second multi -element soil anomaly
located approximately 1.5 Km west of the Main Zone.
PRESS RELEASE
The Tad Toro and Big Creek Properties are situated within the Dawson Range portion of the
Tintina Gold Belt, along the highly prospective Big Creek Fault system, known for hosting
Cretaceous-age gold-copper-molybdenum porphyry and associated gold -silver epithermal and
skarn deposits. Western Copper and Gold’s Casino deposit and Newmont’s Coffee Creek deposit
are located to the northwest (50 km and 80 km, respectively) along the Big Creak Fault system
and are associated with Cretaceous-age intrusions (Figure 1).
Figure 1: Tad Toro and Big Creek Property Location Map
The Tad Toro Property hosts several multi-element geochemical anomalies adjacent to a major
northeast-trending structural corridor (Figure 2 ). This northeast structure represents a stepover
or linkage fault related to dilational zones of the Big Creek Fault system. Important secondary
structures include the Waugh Creek Fault. These deep-rooted structures provide pathways for
the intermediate sulfidation epithermal ore fluids to migrate and mineralize host rocks.
Marty Henning, Principal Geologist for Triumph Gold comments “Magnetic and radiometric
surveys suggest epithermal mineralization is related to the local cretaceous aged Tad intrusion
(Quartz-Feldspar-Biotite) and the likely cause for the observed mineralization and alteration.”
PRESS RELEASE
Rock samples collected during the Program at the NIT Zone returned anomalous gold and multi-
gram silver results, see Table 1.
Table 1. Nit Zone Rock Sample Highlights
Sample ID
g/t ppm
Au Ag Cu As Sb Zn Pb
D864514 0.10 0.24 3 797 6 14 18
D864515 0.36 1.82 8 1525 54 103 61
D864523 0.28 4.19 30 831 16 57 37
D864525 0.78 36.80 105 3910 217 2170 1280
During selective re-logging and analysis of historical drill core, the 2023 program also confirmed
anomalous molybdenum in multiple results from 16 previously-unsampled historical drill core
intercepts from the Moly Zone (Figure 2) including:
• 141 ppm Mo over 1.52 m and 166 ppm Mo over 1.52 m in granodiorite, and
• 92 ppm Mo over 1.52 m in quartz-feldspar porphyry dyke
Historical exploration at the Tad Toro Property occurred over three main work phases in 1969,
1987 and 2010. Historical work completed include s geological mapping; geochemical rock, soil,
and trenching programs; geophysical airborne magnetic and radiometric , and induced
polarization surveys as well as approximately 3,000 m of diamond drilling in 30 inclined and
vertical holes (Figure 2) testing the five zones of mineralization. Significant historical intercepts
are summarized in Table 2.
Table 2. Tad Toro Property Significant Historical Intercepts (0.50 g/t Au Cutoff)
Drillhole
ID Year
m g/t ppm
From To Width Au Ag As Sb Bi Pb Zn
T69-02 1986 49.68 57.91 8.23 0.98 17.00 1000 * * 2800 18200
T70-09 1970 19.51 20.42 0.91 1.24 27.37 * * * * *
T70-12 1986 43.59 49.38 5.79 1.25 13.00 * * * * *
T70-14 1986 19.20 26.21 7.01 1.68 11.29 1000 * * 363 217
TT-101 2010 23.60 25.90 2.30 1.39 64.25 6019 110 5 1607 61
TT-104 2010 77.40 80.80 3.40 0.79 26.89 10000 52 2 2385 4239
TT-104 2010 108.00 108.70 0.70 2.37 100.00 10000 364 4 10000 10000
TT-104 2010 137.00 138.50 1.50 1.13 3.40 586 10 3 45 230
TT-104 2010 147.60 149.70 2.10 1.57 34.85 6656 184 18 1079 2845
TT-108 2010 79.20 82.30 3.10 1.02 5.45 4906 22 1 23 745
*Element not analyzed during historical work program
PRESS RELEASE
Figure 2. Tad Toro Property Multi Element Epithermal and Porphyry Targets
The Big Creek property hosts a similar geochemical signature as seen at Tad Toro anomalous in
silver, copper, zinc, lead, and arsenic (Figure 3). Big Creek also hosts a similar geological setting
as Tad Toro and is situated along the Big Creek Fault and proximal to cretaceous ages intrusions.
Exploration w ork in 2023 included infill and expansion of historical soil sampling as well as
mapping and sampling of exposed bedrock. Historical exploration on the Big Creek Property has
been limited, with only two phases of work undertaken in 1969 -1971 and 2011-2012, including
soil and rock geochemical surveys, airborne magnetic surveys, geological mapping, and induced
polarization surveys.
PRESS RELEASE
Figure 3. Big Creek Property Multi Element Epithermal Targets
The Company qualified for and expects to receive a Target Evaluation grant for up to $50,000 at
the Tad Toro Property and up to $36,750 at the Big Creek Properties through the 2023 Yukon
Mineral Exploration Program. Triumph Gold wishes to acknowledge and t hank the Yukon
Government for support of these exploration programs.
PRESS RELEASE
Sample Preparation and QAQC
Soil, drill core, and rock samples from the Tad Toro and Big Creek Properties were submitted to
the ALS Geochemistry laboratory in Whitehorse for sample preparation. Sample pulps were
shipped directly to ALS Vancouver for analyses.
Rock and drill core samples were weighed, dried and crushed to 70% passing 2 millimeters, then
riffle-split to obtain a 250-gram sub-sample which was pulverized to greater than 85% passing 75
microns (PREP -31). A 0.25- gram sample from each pulp was analyzed for multi -element
geochemistry using 4- acid (near-total) digestion and induced coupled plasma atomic emission
spectroscopy (ICP-AES) giving 33 elements (ME-ICP61). A 30-gram sample from each pulp was
analyzed for Au using fire assay and atomic absorption spectroscopy (Au-AA24).
Soil samples were weighed, dried and sieved using a 180 -micron sieve, with both fractions
retained (PREP-31). A 0.5- gram sample from the finer fraction was analyzed for multi -element
geochemistry using aqua regia (partial) digestion and induced coupled plasma and mass
spectroscopy giving 53 elements including Re and Te (ME-ICP41L). Au is semi-quantitative using
this method due to the small sample weight.
Rock and drill core sample Quality Assurance / Quality Control (QA/QC) measures include
unmarked certified reference materials (CRMs ) and rock blanks inserted into the sample
sequence and comprising approximately 5% of the samples submitted to the lab for samples
reported in this release. Soil CRM’s or blanks were not available for submission for with soil
samples. Additional QAQC checks are ongoing in accordance with 43-101 standards.
National Instrument 43-101 Disclosure
The technical content of this news release has been reviewed and approved by Triumph Gold’s
Principal Geologist Marty Henning, P.Geo., a “Qualified Person” as defined in National Instrument
43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.
He has also verified the data disclosed, including sampling, analytical and test data, and the
underlying technical information in this news release.
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 and
road accessible. Led by an experienced management and technical team, Triumph Gold is
focused on actively advancing their flagship Freegold Mountain Project using multidiscipline
exploration and evaluation techniques. The Freegold Mountain Project , located in the Dawson
Range Au-Cu Belt, is host to three NI 43-101 Mineral Deposits (Nucleus, Revenue, and Tinta Hill).
The Project is 200 square kilometers 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. The Company also owns 100% of the Big Creek and Tad/Toro
gold-silver-copper properties situated along strike of the Freegold Mountain Project within the
Dawson Range. The company acknowledges the traditional territories of the Little Salmon
PRESS RELEASE
Carmacks First Nation and Selkirk First Nation on which the Company's Yukon mineral
exploration projects are located. Triumph Gold has a long standing, ongoing, engagement with
these First Nations through communication, environmental stewardship, and local employment.
The Company also owns 100% of the Andalusite Peak copper -gold property, situated 36 km
southeast of Dease Lake within the Stikine Range in British Columbia.
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
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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 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
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required by law, to update or revise any forward -looking statements, whether as a result of new
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