Triumph Gold Reports Discovery of Two New Gold Showings on 100% Owned Andalusite Peak Property, British Columbia
Triumph Gold Reports Discovery of Two New Gold Showings on 100% Owned
Andalusite Peak Property, British Columbia
TSX.V:TIG
OTCMKTS: TIGCF
Frankfurt: 8N61
VANCOUVER, Jan. 22, 2018 /CNW/ - Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: NFRGF)
(" Triumph Gold " or the " Company ") is pleased to announce the results of prospecting and geological
mapping on the Andalusite Peak property. Highlights of exploration include:
• Discovery of two new gold-silver-copper occurrence s, the Julep and the Gentleman vein (Figure 1,
Table 1).
• The Julep showing consists of a feldspar porphyrit ic mafic intrusion with disseminated clots and
veins of tetrahedrite, chalcocite and secondary malachite and azurite. It was grab sampled in
two locations 21 metres apart. Sample E446453 graded 1.18 grams/tonne (g/t) Au, 11 .2 g/t
Ag and 1.135% Cu, sample E446454 graded 21.1 g/t Ag and 2.72% Cu . The size and
geometry of the showing was not fully mapped, and it remains open.
• The Gentleman vein consists of an up to 20 cm thic k chalcopyrite rich quartz-carbonate-
magnetite-sulfide vein, with strongly altered and mineralized selvages. The vein was grab
sampled in two locations 17 metres apart : Sample I044403 graded 1.84 g/t Au, 17.3 g/t Ag
and 2.25% Cu, Sample E446455 graded 0.459 g/t Au, 2 .4 g/t Ag and 0.163% Cu . The vein
was identified where it crosses a mountain-top saddle. It remains open to the northwest and
southeast.
• Alteration mapping, aided by the collection and an alysis of 67 near-infrared reflectance (TerraSpec)
samples, verified that the property has been affect ed by intense phyllic to advanced argillic alteration
over an approximately 2 X 2 km area, constituting one of the largest and most intense alteration
zones in northern British Columbia.
Table 1 Geochemical Results from Mineralized Sample s* at Andalusite Peak
Sample ID Easting Northing Au Ag Cu Showing
NAD83 Zone 9 g/t g/t %
E446453 471559 6458455 1.180 11.2 1.135 Julep
E446454 471540 6458462 0.090 21.1 2.720 Julep
E446455 471620 6458582 0.459 2.4 0.163 Gentleman
I044402 471607 6458573 0.009 0.9 0.111 Gentleman
I044403 471627 6458567 1.840 17.3 2.250 Gentleman
About the Andalusite Peak Property
The Andalusite Peak property was acquired by staking in January 2017. It is located in northwestern
British Columbia 65 km north of the Red Chris Cu-Au mine, 20 km west of BC highway 37, and 7 km
south of the Kutcho Creek mining road. The property covers an alteration "blow-out" in the center of a 27-
kilometer-long belt of strongly altered rock that was identified and mapped in 2016 by BC Geological
Survey geologist Bram van Straaten. Two similar alteration blowouts are known along the belt and both
represent important exploration properties: 1) the Tanzilla property, 11 km to the northwest of Andalusite
Peak, is owned by Kaizen Discovery and was optioned to Freeport McMoRan between 2013 and 2015,
and 2) Teck Resources' McBride property is 12 km to the southeast of Andalusite Peak. On these
properties, porphyry-style mineralization has been identified within and beneath the alteration lithoc ap.
Only one historical record of exploration on the Andalusite Peak property exists (BC assessment report
30590); in the report, the intensity of the alteration was noted and the discovery of an outcrop conta ining
massive coarse andalusite was documented. The pres ence of andalusite on the property indicates that it
has experienced higher temperature and more intense alteration than any other location along the 27 km
belt.
Presidents Comment
Paul Reynolds, Triumph Gold's President and CEO, co mments, "The Andalusite Peak property was
staked based on the presence of an intense alteration blow-out similar to others within the district t hat are
host to significant mineral occurrences. However, prior to our work, no mineralization had ever been
discovered on the property. In one year this property went from a highly speculative exploration conc ept
to an exploration reality with the identification of two new gold-copper occurrences. We are eager to
follow up on these exciting new discoveries and to continue to explore the Andalusite Peak Property."
http://www.triumphgoldcorp.com/andalusite-peak-prop erty/
Notes
* Grab samples are selective in nature and the resulting assays may not be representative.
Methods and Qualified Person
Sample were delivered directly to the ALS Global prep-lab in Whitehorse, YT, and analyzed by ALS
Global in North Vancouver, British Columbia. They were prepared for analysis according to ALS method
PREP35: each sample was crushed to 70% passing 2mm and a 250g split was pulverized to better than
95% passing 106 micron mesh. Gold was tested by fire assay with atomic absorption finish on a 30g
nominal sample (method Au-AA23). An additional 35 elements were tested by ICP-AES using an Aqua
Regia digestion (method ME-ICP41), over limit sampl es 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 mai ntained at the lab through rigorous use of internal
standards, blanks and duplicates.
The technical content of this news release has been reviewed and approved by Tony Barresi, Ph.D.,
P.Geo., VP Exploration for the company, and qualifi ed 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
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
statements, which speak only as of the date of this press release. The company disclaims any intentio n
or obligation, except to the extent required by law, to update or revise any forward-looking statement s,
whether as a result of new information, future events or otherwise.
Figure 1
SOURCE Triumph Gold Corp.
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For further information: John Anderson, Chairman, Triumph Gold Corp., (604) 218-7400,
[email protected]; Nancy Massicotte, IR Pro Communications Inc., (604)-507-3377,
CO: Triumph Gold Corp.
CNW 09:15e 22-JAN-18