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TIG.V ·

Triumph Gold Completes Acquisition of Big Creek Property

Mergers & Acquisitions Property Options & Staking

PRESS RELEASE

For further information 1100 – 1111 Melville Street

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

triumphgoldcorp.com Tel: 604.893.8757

Not for distribution in the United States or to U.S. wire services.

March 10, 2021 TSX.V: TIG

OTCMKTS: TIGCF

Frankfurt: 8N61

Triumph Gold Completes Acquisition of Big Creek Property

Vancouver, B.C., March 10, 2021 – Triumph Gold Corp. (TSX-V:TIG | OTCMKTS:TIGCF)

(“Triumph Gold” or the “Company”) is pleased to announce that it has completed the acquisition

of the Big Creek copper -gold property located in Yukon, Canada (the “Property”), previously

announced on February 4, 2021. The Company acquired the Property from Teck Resources

Limited (“Teck”) in consideration for 1,250,000 common shares of the Company and a 1.5% net

smelter return granted to Teck pursuant to a royalty agreement (the “Transaction”).

All securities issued in connection wi th the Transaction are subject to a four month hold period

expiring on July 2, 2021 . No finder’s fees were paid in connection with the Transaction. The

Transaction is an arms-length Transaction, and the Company has received final approval of the

Transaction from the TSX Venture Exchange.

About Triumph Gold Corp.

Triumph Gold Corp. is a Canadian based, growth- oriented precious metals exploration and

development company with a district scale land package in mining friendly Yukon. Triumph Gold

is focused on creating value through the advancement of the district-scale Freegold Mountain

Project located in the Dawson Range Gold Belt of Yukon, Canada. For maps and more

information, please visit 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.

(604) 218-7400

[email protected]

Nancy Massicotte

IR Pro Communications Inc.

(604) 507-3377

[email protected]

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.