Triumph Gold Drills 80.50 Metres of 1.96 g/t AuEq from the WAu Zone at the Freegold Mountain Project, Yukon
PRESS RELEASE
November 24, 2021
PR # 21-11
Triumph Gold Drills 80.50 Metres of 1.96 g/t AuEq from the WAu Zone
at the Freegold Mountain Project, Yukon
Vancouver, B.C., November 24, 2021 – Triumph Gold Corp. (TSX-V: TIG | OTCMKTS: TIGCF
| Frankfurt: 8N61) (“Triumph Gold” or “the Company”) is pleased to announce results from 2,154
metres (“m”) of diamond drilling in four holes from the WAu Zone within the Revenue Deposit at
the Freegold Mountain Project (Figure 1), highlighted by 80.5 metres of 1.96 grams per tonne
(“g/t”) gold equivalent1 (“AuEq”) in RVD21-03 (Table 1).
Highlights:
• Intersection of multiple styles of mineralization including epithermal veins, porphyry-style
stockwork veins, disseminated sulphides, and sulphide breccias
• Expansion of the WAu Zone 70 metres along strike in an east-west orientation
• 80.50 metres of 1.96 g/t AuEq from 370 metres in RVD21-03
o Containing 1.52 g/t gold (“ Au”), 3.74 g/t silver (“Ag”), 0.18% copper (“ Cu”),
0.011% molybdenum (“Mo”), and 0.007% tungsten (“W”)
• 35.00 metres of 0.33 g/t AuEq from 325.0 metres in RVD21-02
o Containing 0.17 g/t Au, 1.04 g/t Ag, 0.05% Cu, 0.008% Mo, and 0.004% W
• 8.25 metres of 0.40 g/t AuEq from 164.00 metres in RVD21-04
o Containing 0.28 g/t Au, 0.29 g/t Ag, 0.02% Cu, 0.001% Mo, and 0.017% W
• 6.00 metres of 0.65 g/t AuEq from 179.00 metres in RVD21-04
o Containing 0.54 g/t Au, 0.83 g/t Ag, 0.06% Cu, 0.001% Mo, and 0.002% W
• Intersection of near-surface porphyry-style mineralization with 108.65 metres of 0.40 g/t
AuEq from 36.35 metres in RVD21-01
o Containing 0.18 g/t Au, 1.95 g/t Ag, 0.10% Cu, 0.005% Mo, and 0.002% W
• Additional intersection of porphyry-style mineralization further downhole in RVD21-01 with
60.50 metres of 0.51 g/t AuEq from 162 metres
o Containing 0.18 g/t Au, 2.11 g/t Ag, 0.10% Cu, 0.022% Mo, and 0.002% W
The WAu Zone is defined by 18 drill holes: four new holes from the 2021 program (Tables 1 and
2) and 14 historical holes (Table 3). The WAu Zone is a steep south-dipping structurally controlled
body of Au-Cu-Ag-Mo-W epithermal mineralization within the Revenue Deposit . The Revenue
Deposit is made up of the WAu Zone, Blue Sky Zone, and zones of Cu-Mo-Au porphyry-style
mineralization.
The strike length of the WAu Zone was expanded 70 metres and is now 75 metres away from
the Blue Sky Zone (Figure 2). The WAu Zone now has a modeled strike length of 250 metres,
an average width of 50 metres, and a depth extending 525 metres below surface. All four holes
intercepted porphyry-style and epithermal mineralization and each hole had intervals greater than
1 g/t gold.
PRESS RELEASE
Table 1. 2021 Drilling Highlights
1Refer to the Reference and Disclosure section below for compositing techniques and AuEq calculations.
Table 2. 2021 Drill Hole Summary (Coordinates in UTM NAD83 Zone 9N)
“We are excited about the 2021 drill hole assays to date, which support the current resource and
geological reinterpretation at the WAu Zone and within the Revenue Deposit. We are eagerly
awaiting the remainder of the 2021 drill hole assays testing the upper portion of the Blue Sky
Zone within the Revenue Deposit, the Nucleus Deposit, the Big Creek South Fault Zone, and
the Orbit Zone,” stated Brian May, President, Triumph Gold Corp.
Drill Hole From
(m)
To
(m)
Interval
(m)
AuEq
(g/t)
Au
(g/t)
Ag
(g/t)
Cu
(%)
Mo
(%)
W
(%)
Mineralization
Style
RVD21-01 36.35 145.00 108.65 0.40 0.18 1.95 0.10 0.005 0.002 Porphyry-style
RVD21-01 162.00 222.50 60.50 0.51 0.18 2.11 0.10 0.022 0.002 Porphyry-style
RVD21-01 267.13 313.94 46.81 0.44 0.15 2.83 0.09 0.015 0.006 WAu - Breccia/Vein
RVD21-01 403.50 412.50 9.00 0.63 0.18 0.47 0.03 0.004 0.071 Porphyry-style
RVD21-02 73.50 107.00 33.50 0.38 0.13 1.77 0.08 0.005 0.015 Porphyry-style
RVD21-02 325.00 360.00 35.00 0.33 0.17 1.04 0.05 0.008 0.004 WAu - Breccia/Vein
RVD21-03 35.35 46.10 10.75 0.40 0.31 0.74 0.03 <0.001 0.005 Porphyry-style
RVD21-03 113.00 127.15 14.15 0.65 0.58 0.51 0.03 <0.001 0.002 Porphyry-style
RVD21-03 143.00 156.00 13.00 0.42 0.36 0.44 0.03 <0.001 0.001 Porphyry-style
RVD21-03 370.00 450.50 80.50 1.96 1.52 3.74 0.18 0.011 0.007 WAu - Breccia/Vein
RVD21-04 164.00 172.25 8.25 0.40 0.28 0.29 0.02 0.001 0.017 WAu - Breccia/Vein
RVD21-04 179.00 185.00 6.00 0.65 0.54 0.83 0.06 0.001 0.002 WAu - Breccia/Vein
RVD21-04 209.00 243.00 34.00 0.33 0.29 0.31 0.02 <0.001 0.002 Porphyry-style
RVD21-04 253.00 266.00 13.00 0.28 0.25 0.25 0.01 <0.001 0.001 Porphyry-style
RVD21-04 278.00 292.00 14.00 0.39 0.10 1.06 0.06 0.023 0.010 Porphyry-style
RVD21-04 302.00 318.86 16.86 0.32 0.16 0.78 0.04 0.013 0.002 Porphyry-style
Drill Hole Easting (m) Northing (m) Elevation (m) Azimuth (°) Dip (°) Depth (m)
RVD21-01 383,005 6,913,102 878 328 -71 502.92
RVD21-02 382,958 6,913,021 895 350 -73 603.81
RVD21-03 383,044 6,913,091 870 010 -84 527.30
RVD21-04 383,108 6,913,104 851 350 -75 520.16
PRESS RELEASE
Table 3. Reinterpretation of Historical WAu Zone Intercepts
2Refer to the Reference and Disclosure section below for interpretation method and AuEq calculations.
Detailed Interpretation and Geology
RVD21-03 intercepted the WAu Zone and returned 80.50 metres of 1.96 g/t AuEq from 370
metres (Figure 2). This intercept is located 35 metres east of RVD19-02, which had an intercept
of 400.48 metres grading 1.21 g/t AuEq3 (PR#19-16). RVD21-04 stepped out 50 metres eastward
from RVD21-03 and intercepted the WAu Zone 130 metres above RVD21-03.
The updated expression of the WAu Zone is now modeled to be 75 metres from the Blue Sky
Zone, suggesting there may be a link between the two zones in a NE orientation (Figure 2).
The WAu Zone structure strikes east and dips steeply to the south. This structure hosts milled,
jigsaw and crackle breccia textures, and local stockwork veining . Epithermal mineralization is
hosted by quartz-carbonate (calcite, ankerite, dolomite) hydrothermal infill containing polymetallic
sulphide mineralization ( pyrite, pyrrhotite, chalcopyrite, molybdenite, arsenopyrite, scheelite,
sphalerite, galena, and bismuthinite) and associated fine grained native gold (Figure 3).
Strong silica +/- biotite alteration is associated with mineralization and has subsequently been
overprinted by argillic (kaolinite), SCC (sericite + clay + chlorite), and phyllic (sericite +/- pyrite)
alteration confirmed in previous drilling through drillhole spectral data (PR#21-05).
Porphyry-style mineralization consists of sulphide +/- quartz veinlets and local stockwork veining
with broad zones of disseminated sulphide mineralization surrounding vein clusters and local fine
grained native gold (Figures 4, 5, and 6).
Drill Hole From
(m)
To
(m)
Interval
(m)
AuEq
(g/t)
Au
(g/t)
Ag
(g/t)
Cu
(%)
Mo
(%)
W
(%)
RVD11-019 171.95 253.09 81.14 2.03 1.34 8.73 0.21 0.030 0.014
RVD11-022 466.10 500.30 34.20 0.60 0.25 2.92 0.03 0.030 0.017
RVD11-028 208.30 250.25 41.95 2.74 0.92 10.99 0.38 0.117 0.074
RVD11-032 423.40 457.80 34.40 0.60 0.82 4.69 0.10 0.009 0.008
RVD17-12 247.50 298.00 50.50 1.69 1.02 8.39 0.24 0.015 0.015
RVD18-03 60.00 132.00 72.00 1.45 0.54 14.01 0.30 0.013 0.034
RVD18-04 92.00 126.00 34.00 1.11 0.47 4.43 0.25 0.014 0.021
RVD18-08 168.00 201.00 33.00 1.54 0.71 6.74 0.34 0.018 0.021
RVD18-11 55.00 105.54 50.54 1.70 0.87 6.50 0.31 0.007 0.040
RVD18-15 96.00 174.25 78.25 0.72 0.26 1.49 0.11 0.045 0.001
RVD18-25B 164.00 185.00 21.00 0.64 0.52 1.24 0.05 0.002 0.001
RVD19-01 495.00 544.00 49.00 0.57 0.19 3.48 0.08 0.025 0.011
RVD19-02 36.50 682.00 645.50 1.27 0.63 5.44 0.18 0.033 0.018
RVD19-06 391.00 434.00 43.00 4.60 4.53 4.92 0.07 0.023 0.016
PRESS RELEASE
Sulphide mineralization (chalcopyrite +/- molybdenite +/- pyrite +/- pyrrhotite and lo cal
bismuthinite) is associated with silica +/- biotite +/- argillic alteration.
Figure 1. 2021 Drilling Areas on the Freegold Mountain Project.
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
Figure 2 . Plan View and Long Section of the WAu Zone and Blue Sky Zone within the
$1500/ounce (“oz”) Au pit shell of the 2020 mineral resource estimate at the Revenue Deposit
(PR#20-02). Significant intercepts in the four drill holes of this release are listed in Table 1 a nd
depicted by red (WAu Zone) and cyan bars (porphyry-style mineralization). Historical WAu Zone
intercepts are depicted by yellow bars and are listed in Table 3. Wireframes were generated using
Micromine’s implicit modeling tools.
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
Figure 3. WAu Zone, coarse chalcopyrite and scheelite mineralization from RVD21-03 at 411.50
metres. The 1.5-metre sample interval from 411 metres returned 0.63 g/t Au, 3.70 g/t Ag, 0.18%
Cu, 0.012% Mo, and 0.005% W.
Figure 4. Chalcopyrite, pyrite, molybdenite porphyry-style mineralization, hosted within a quartz-
carbonate vein in RVD21 -01. This 1.08 -metre sample from 80.11 metres returned 0.12 g/t Au,
7.80 g/t Ag, 0.33% Cu, 0.020% Mo, and 0.001% W.
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
Figure 5. Chalcopyrite, pyrite, molybdenite porp hyry-style veinlet mineralization, hosted within
strongly silicified granodiorite RVD21 -01. This 1.90 -metre sample from 78.21 metres returned
0.30 g/t Au, 4.80 g/t Ag, 0.25% Cu, 0.016% Mo, and 0.001% W.
Figure 6. Visible gold (VG) from RVD21-03 at 121.2 0 metres returned 3.77g/t Au over 0.6m .
Mineralization is hosted within quartz + bismuthinite (Bis) veinlet in SCC altered granodiorite.
VG
Bis
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
Table 4. 2021 Significant Intercepts (Highlighted Intercepts are reported in Table 1)
Drill Hole From
(m)
To
(m)
Interval
(m)
AuEq
(g/t)
Au
(g/t)
Ag
(g/t)
Cu
(%)
Mo
(%)
W
(%)
Mineralization
Style
RVD21-01 36.35 145.00 108.65 0.40 0.18 1.95 0.10 0.005 0.002 Porphyry-style
Including 63.53 64.83 1.30 2.16 1.15 10.10 0.47 0.022 0.002 Porphyry-style
Including 76.21 78.21 2.00 1.70 1.27 4.40 0.20 0.009 0.002 Porphyry-style
RVD21-01 162.00 222.50 60.50 0.51 0.18 2.11 0.10 0.022 0.002 Porphyry-style
Including 162.00 164.00 2.00 1.30 0.41 5.40 0.25 0.068 0.005 Porphyry-style
Including 174.68 179.00 4.32 1.49 0.27 5.13 0.24 0.129 0.002 Porphyry-style
RVD21-01 228.65 262.00 33.35 0.35 0.12 1.15 0.06 0.012 0.009 Porphyry-style
RVD21-01 267.13 313.94 46.81 0.44 0.15 2.83 0.09 0.015 0.006 WAu - Breccia/Vein
Including 288.00 289.50 1.50 1.12 0.13 12.90 0.44 0.011 0.013 WAu - Breccia/Vein
Including 309.50 310.50 1.00 1.98 0.17 37.10 0.75 0.018 0.003 WAu - Breccia/Vein
RVD21-01 403.50 412.50 9.00 0.63 0.18 0.47 0.03 0.004 0.071 WAu - Breccia/Vein
Including 408.00 409.50 1.50 1.89 0.20 1.10 0.06 0.003 0.306 WAu - Breccia/Vein
Drill Hole From
(m)
To
(m)
Interval
(m)
AuEq
(g/t)
Au
(g/t)
Ag
(g/t)
Cu
(%)
Mo
(%)
W
(%)
Mineralization
Style
RVD21-02 73.50 107.00 33.50 0.38 0.13 1.77 0.08 0.005 0.015 Porphyry-style
Including 77.00 78.00 1.00 1.24 0.58 2.80 0.09 0.018 0.074 Porphyry-style
Including 81.10 82.30 1.20 1.07 0.48 5.20 0.23 0.005 0.025 Porphyry-style
Including 96.00 97.54 1.54 1.07 0.17 6.90 0.31 0.011 0.050 Porphyry-style
Including 100.12 101.05 0.93 1.07 0.08 7.50 0.31 0.003 0.075 Porphyry-style
RVD21-02 178.31 199.86 21.55 0.28 0.16 1.26 0.06 0.002 0.002 Porphyry-style
RVD21-02 210.31 235.00 24.69 0.25 0.16 0.99 0.04 0.001 0.001 Porphyry-style
RVD21-02 260.00 269.70 9.70 0.64 0.53 1.55 0.04 0.002 0.001 Porphyry-style
Including 266.00 267.85 1.85 2.32 2.18 2.30 0.06 0.001 0.001 Porphyry-style
RVD21-02 325.00 360.00 35.00 0.33 0.17 1.04 0.05 0.008 0.004 WAu - Breccia/Vein
Including 325.00 326.00 1.00 1.07 0.37 5.40 0.31 0.012 0.014 WAu - Breccia/Vein
RVD21-02 440.00 450.00 10.00 0.25 0.13 0.70 0.04 0.005 0.005 Porphyry-style