Mr. John Anderson reports

TRIUMPH GOLD 2017 EXPLORATION PLANS

Triumph Gold Corp. has provided details on its plans for the coming 2017 field season. Triumph intends to execute a $4-million exploration program on the Freegold Mountain property, as well as smaller reconnaissance mapping and sampling projects on Tad/Toro and Severance properties in Yukon and Andalusite Peak in Northern British Columbia.

Exploration on the Freegold Mountain property will commence in late May and extend until early October. The work will include approximately 13,000 metres of diamond drilling, seven line kilometres of trenching, geological mapping, prospecting and a soil geochemistry survey.

Drilling will be focused on four areas:

1. Nucleus (4,000 metres): The Nucleus deposit involves several superimposed deposit types and contains 1.3 million ounces gold within 74.7 million tonnes in the indicated category (0.3-gram-per-tonne-gold-equivalent cut-off). Exploration drilling in 2017 will comprise broad stepouts that target areas prospective for extensions of one or more of the deposit types.
2. Revenue and the adjacent Blue Sky zone (5,000 metres): Revenue is a porphyry-style deposit that contains 1.0 million ounces gold, 8.98 million ounces silver and 241 million pounds copper within 80.8 million tonnes in the inferred category (0.5-gram-per-tonne-gold-equivalent cut-off). Drilling in 2017 near Revenue will focus on the Blue Sky zone, a 2.3-square-kilometre area to the east of Revenue, with coincident soil and chargeability anomalies that are adjacent to and along strike of some of the longest and best drill intersection within the main Revenue zone (for example, 0.16 per cent copper and 0.66 gram per tonne gold over 196.02 metres (RVD11-019: 368.88 metres to 476.94 metres)).
3. The newly discovered Generation zone (2,000 metres): The Generation zone is a porphyry copper-gold target identified in 2016. It consists of strongly altered granodiorite exposed over 80 metres that contains a high density of mineralized quartz-plus-or-minus-magnetite veins. The mineralized outcrops are centred approximately 150 metres above the modelled depth of a strong 2.9-kilometre-by-1.3-kilometre chargeability high.
4. A soil and geophysical anomaly that extends two kilometres along strike between the Nucleus and Revenue deposit areas (2,000 metres).

Drilling at the Nucleus and Revenue deposit areas will constitute significant stepouts, up to 1.5 kilometres from the current resource areas, to test new exploration targets developed during a thorough data and drill core review conducted in 2016.

Exploration at the property's third resource area, the Tinta polymetallic vein deposit, will include broadening of the existing soil geochemistry survey area with approximately 1,200 samples over seven square kilometres. This will complement the ground magnetic and VLF-EM (very low frequency/electromagnetic) survey that was conducted in 2016, which defined several strong conductors that parallel the Tinta vein deposit and are coincident with gold, silver, lead and bismuth in soil anomalies over the limited existing soil grid. Once results are obtained, trenching will be conducted over coincident anomalies.

A number of less-developed prospects on the Freegold Mountain property, including the Nitro, Castle and Stoddart porphyry prospects and Goldy, Ridge and Irene epithermal gold prospects, will be the subject of focused data, drill core and field studies/reviews by Triumph's senior geologists in order to evaluate exploration potential.

National Instrument 43-101 disclosure

1. Gold equivalent is based on metal prices of $1,250 (U.S.) per ounce for gold, $22 (U.S.) per ounce for silver, $2.90 (U.S.) per pound for copper and $10 (U.S.) per pound for molybdenum. The gold equivalent calculations reflect gross metal content and do not apply any adjustment factors for difference in metallurgical recoveries of gold, copper, silver and molybdenum.
2. Mineral resources do not demonstrate economic viability, and there is no certainty that these mineral resources will be converted into minable reserves once economic considerations are applied.
3. The above mineral resource estimates have been prepared in compliance with the standards of NI 43-101 by J. Campbell, BSc, PGeo; Dr. A. Armitage, PhD, PGeol; A. Sexton, MSc, PGeo, and D. Studd, MSc, PGeo, of GeoVector Management Inc.

The technical content of this news release has been reviewed and approved by Dr. Tony Barresi, PhD, PGeo, vice-president, exploration, of the company and qualified person for the purposes of NI 43-101, standards of disclosure for mineral properties, of the Canadian Securities Administrators.

Options granted

Subject to regulatory approval, the company has granted 5.9 million incentive stock options to officers, directors, employees and consultants at a price of 40 cents per share for a period of five years from grant.

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.