09:29:06 EST Tue 11 Dec 2018
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Triumph Gold Corp (2)
Symbol C : TIG
Shares Issued 63,301,537
Close 2018-03-21 C$ 0.345
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Triumph Gold sends crew to Freegold Mtn for drilling

2018-03-21 09:21 ET - News Release

Mr. John Anderson reports

TRIUMPH GOLD MOBILIZES CREW FOR PHASE 1 DRILLING ON FREEGOLD MOUNTAIN PROJECT, YT

Triumph Gold Corp. has dispatched a field crew to the Freegold Mountain property to execute a 1,900-metre diamond drill program targeting the newly discovered porphyry system in the Keirsten zone (see press release No. 17-13). Porphyry related mineralization was first discovered in the Keirsten zone with drill hole KZ17-01 which tested the centre of a 1.1-kilometre-diameter intense (up to 180 milliradians) buried chargeability high. The drill hole encountered rock that had been affected by an extremely vigorous porphyry related hydrothermal system from 193 metres to the end of the hole at 603.50 metres. Phase 1 drilling will test new targets within and along the margin of the chargeability high that were developed through application of a porphyry model to the interpretation of existing geological and geophysical data.

Phase 1 drilling is expected to commence on March 27. The timing of phase 1 capitalizes on frozen ground in the Keirsten zone, which is largely overlain by a swamp. The frozen ground will allow a drill to be mobilized with minimal environmental impact from road building, or expense from use of a helicopter. It also facilitates early establishment of a camp and crew which will support spring- and summer-long exploration activities, including an additional approximately 16,100 metres of diamond drilling, trenching, and geophysical and soil geochemistry surveys.

Tony Barresi, vice-president of exploration of Triumph Gold, comments: "Phase 1 drilling of the Keirsten zone demonstrates Triumph Gold's commitment to test and advance the exploration concept that Revenue and Nucleus are not discrete deposits, but instead they are parts of a five- to six-kilometre-long magmatic-hydrothermal mineralizing system with porphyry and epithermal components. The Keirsten zone is centred almost exactly between the Revenue and Nucleus deposits and represents a high-priority exploration target as a potential core or focus of the broad mineralizing system."

The technical content of this news release has been reviewed and approved by Tony Barresi, PhD, PGeo, VP exploration, for the company, and qualified person as defined by National Instrument 43-101.

About Triumph Gold Corp.

Triumph Gold is a growth-oriented Canadian-based precious metals exploration and development company. Triumph Gold is focused on creating value through the advancement of the district-scale Freegold Mountain project in Yukon.

We seek Safe Harbor.

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