Triumph Gold Updates Shareholders on Operations, Engages Market Maker, and Grants Options
PRESS RELEASE
May 08, 2025
PR # 25-02
Triumph Gold Updates Shareholders on Operations, Engages Market
Maker, and Grants Options
• Reviews 2025 exploration strategy across Freegold Mountain and Andalusite Peak
• Advances acquisition strategy targeting high-grade silver assets
• Engages Independent Trading Group to improve trading liquidity
VANCOUVER, British Columbia, May 08, 2025 – Triumph Gold Corp. (TSX-V: TIG |
OTCMKTS: TIGCF | Frankfurt: 8N61) is pleased to provide an operational update as it enters
2025 with a refined exploration focus, strategic growth objectives, and a commitment to
responsible development. The Company also announced it has engaged a market maker and
granted incentive stock options.
Leadership and Direction
Triumph Gold continues under the leadership of John Anderson, Chairman and Interim Chief
Executive Officer. With over 25 years of experience in the capital markets and resource sectors,
Anderson has guided the Company since its early days as Northern Freegold.
“We’ve taken meaningful steps to streamline operations and position the Company for
disciplined growth,” said Anderson. “With strong core assets, a focused strategy, and improving
market conditions for gold and copper, Triumph prepares to enter the second quarter of 2025
ready to pursue opportunities that create long-term value”.
Key Assets and Positioning
Freegold Mountain Project
Located in Yukon, the flagship Freegold Mountain Project hosts over 2 million gold equivalent
ounces across three mineralized zones, as defined in a 2020 NI 43-101 resource estimate.
These deposits provide exposure to high-grade gold, copper, molybdenum, and tungsten at a
time of increasing demand for critical minerals.
Andalusite Peak Property
Triumph’s Andalusite Peak copper-gold project is located in British Columbia’s Golden
Horseshoe region, in proximity to major porphyry systems such as Saddle North and Red Chris.
The Company plans to advance exploration in 2025 through geochemical surveys and mapping.
PRESS RELEASE
Favourable Jurisdictions
All assets are situated in well-established, mining-friendly regions of Yukon and British
Columbia, offering stable permitting frameworks and access to infrastructure.
2025 Growth Strategy
Triumph Gold’s 2025 strategy centers on project advancement, portfolio expansion, and
disciplined exploration:
• Strategic Acquisitions
The Company is evaluating potential acquisitions of high-quality silver projects to
complement and diversify its current asset base.
• Advancing Andalusite Peak
Located in British Columbia’s Golden Horseshoe near Newmont’s Saddle North and Red
Chris projects, the Andalusite Peak property will focus on geochemical surveys and
detailed geological mapping in 2025.
• Expanding Freegold Mountain Exploration
Triumph will review historical datasets and define new exploration targets outside current
resource zones to support potential discoveries.
Commitment to Responsible Development
Triumph Gold is committed to responsible exploration and development. The Company
maintains active engagement with First Nations and local communities, recognizes the
traditional territories on which its projects are located, and prioritizes environmental stewardship
and cultural respect in all exploration activities.
Triumph Engages Independent Trading Group (“ITG”) as Market Maker
Triumph Gold announces that subject to regulatory approval, it has engaged the services of
Independent Trading Group ("ITG") to provide market-making services in accordance with TSX
Venture Exchange TSXV, CSE, and Cboe Canada policies. ITG will trade shares of the
Company on the CSE/ Cboe Canada/ TSXV and all other trading venues to maintain a
reasonable market and improve the liquidity of the Company's common shares.
Under the agreement, ITG will receive compensation of CAD$6,500 per month, payable monthly
in advance. The agreement is for an initial term of one month and will renew for additional one-
month terms unless terminated. The agreement may be terminated by either party with 30 days'
notice. No performance factors are contained in the agreement, and ITG will not receive shares
or options as compensation. ITG and the Company are unrelated and unaffiliated entities. At the
time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the
securities of the Company.
PRESS RELEASE
Triumph Gold Issues Stock Options
The Company has granted 4,750,000 incentive stock options to directors, officers, employees,
and consultants. The options are exercisable at $0.27 per share for a period of five years, with
immediate vesting.
The options were granted pursuant to Triumph Gold’s rolling stock option plan, which has been
approved by shareholders and the TSX Venture Exchange. This issuance is intended to retain
and motivate key contributors and align long-term interests with those of shareholders.
Looking Ahead
Triumph Gold is entering 2025 with momentum, a clear strategy, and a commitment to
shareholder value. The Company thanks its shareholders for their continued support and looks
forward to sharing further updates in the months ahead. For more information or investor
inquiries, please email John Anderson, Chairman & Interim CEO, at
About Triumph Gold Corp.
Triumph Gold is a Canadian-based, growth-oriented exploration and development company with
a district-scale land package in the mining-friendly Yukon. Led by an experienced management
and technical team, The Company is focused on actively advancing its flagship Freegold
Mountain Project using multidiscipline exploration and evaluation techniques.
The road-accessible 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
kilometres and covers an extensive section of the Big Creek Fault Zone, a structure directly
related to epithermal gold and silver mineralization and gold-rich porphyry copper mineralization.
The Company owns 100% of the Big Creek and Tad/Toro gold -silver-copper properties situated
along the strike of the Freegold Mountain Project within the Dawson Range.
The Company also owns 100% of the Andalusite Peak copper-gold property, 36 km southeast of
Dease Lake within the Stikine Range in British Columbia.
Triumph Gold acknowledges the traditional territories of the Little Salmon 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.
For more information, please visit triumphgoldcorp.com.
PRESS RELEASE
For further information about Triumph Gold, please contact:
John Anderson, Executive Chairman
Triumph Gold Corp.
(604) 218-7400
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 information, which involves known and unknown risks,
uncertainties and other factors that may cause actual events to differ materially from current
expectations. 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 ar e 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
this press release. The company disclaims any intention or obligation, except to the extent
required by law, to update or revise an y forward-looking statements, whether as a result of new
information, future events or otherwise