TSX.V: TIG
OTCMKTS: NFRGF
Frankfurt: 8N61
VANCOUVER, Sept. 5, 2017 /CNW/ - Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: NFRGF) ("Triumph Gold" or the "Company") applauds the announcement made on September 2, 2017 by Prime Minister Justin Trudeau and Yukon Premier Sandy Silver committing more than $360 million in combined federal and territorial funding to improve road access in two mineral-rich areas in Yukon, including the Dawson Range in central Yukon. In total, the Yukon Resource Gateway Project will help upgrade over 650 kilometres of road and build or replace numerous bridges, culverts and stream crossings.
In the Dawson Range, four separate public road systems will be upgraded. This includes upgrading the first 82 kilometres of the existing Freegold Road which provides access to Triumph Gold's Freegold Mountain project. The Company's Nucleus and Revenue deposits are accessed by secondary roads that extend less than two kilometres from the Freegold Road. All of the other important showings as well as the Tinta deposit are accessed by secondary roads that branch off the Freegold Road.
Paul Reynolds, President and CEO of Triumph Gold stated, "This funding is a significant commitment from both the Territorial and Federal governments and reaffirms our belief that Yukon is one of the best jurisdictions in Canada for mining exploration".
About Triumph Gold Corp.
Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain project in Yukon. For maps and more 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 information, 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 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 any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Triumph Gold Corp.
View original content with multimedia: http://www.newswire.ca/en/releases/archive/September2017/05/c3975.html
please contact: John Anderson, Chairman, Triumph Gold Corp., (604) 283-0896, janderson@triumphgoldcorp.com; Nancy Massicotte, IR Pro Communications Inc., (604)-507-3377, nancy@irprocommunications.com