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Triumph Gold Corp (2)
Symbol TIG
Shares Issued 137,594,229
Close 2021-03-09 C$ 0.18
Market Cap C$ 24,766,961
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Triumph Gold forms technical group for Freegold

2021-03-09 09:35 ET - News Release

Mr. John Anderson reports

TRIUMPH GOLD EXPANDS TECHNICAL TEAM AND APPOINTS CHIEF TECHNICAL OFFICER

Triumph Gold Corp. has formed a full-time technical team focused on the advancement of the 100-per-cent-owned, road-accessible Freegold Mountain project within the prolific Dawson Range copper-gold belt in Yukon, Canada. The flagship project is host to three National Instrument 43-101 mineral deposits and covers an extensive section of the Big Creek fault zone, a regional structure directly related to epithermal gold and silver mineralization as well as gold-rich porphyry copper mineralization.

Since joining the company as lead director in June, 2020, Brian Bower has been establishing and developing an experienced geological team to work alongside Jesse Halle, vice-president, exploration. "Brian Bower has been working to aggressively advance our understanding of not only the Freegold Mountain project, but the whole Dawson Range district, as we continue to expand Triumph's landholdings in the area," said John Anderson, chairman and chief executive officer. "Brian's success in building strong technical teams is supported by the discovery and development of projects such as New Gold's New Afton mine and Blackwater project as well as significant contributions to the South Kemess, Mount Milligan and Casino deposits."

In tandem with the expansion of the technical team, Mr. Bower officially opened the Triumph Gold technical office in Kelowna, B.C., this past October, with the appointment of Brian May as chief geoscientist and Marty Henning as principal geologist.

Mr. May brings over 15 years of mineral exploration, mining project evaluation, advanced geological modelling, technical writing and production geology experience throughout British Columbia, Nevada, Arizona and California. "Having worked with Brian May at New Afton and Blackwater, I know how fortunate we are to have him join the Triumph Gold team. Brian has a keen understanding of Cordilleran geology and can simplify complex geological environments. His knowledge of advanced exploration techniques and modelling has already been a game changer for Triumph and the Freegold Mountain project," said Mr. Bower.

Mr. Henning also has 15 years of work in mineral exploration, including extensive experience in underground mining, and is able to bridge the gap from mineral discovery to mine development and production. Most notably, Mr. Henning was involved in the development, construction, production and rehabilitation of the New Afton block cave mine in Kamloops. "I also worked closely with Marty Henning at New Afton. Triumph Gold has added a unique and specialized geologist to work with the technical team. Marty's past technical experience and strength in mentoring others will be monumental in helping our technical team understand the mineral potential in the Freegold Mountain project and advance the project," added Mr. Bower.

The Kelowna group has been working closely with Triumph Gold's existing technical team to construct new targets and expand on the already-impressive resources throughout the Freegold Mountain project. "The group has meticulously reviewed project data from the past 80 years of exploration, including 142,000 metres of drilling, and is now finalizing plans for an exciting 2021 program of resource expansion and discovery," said Jesse Halle, vice-president, exploration. "The group is collaboratively utilizing combined strengths and new technologies to effectively grow known resources and unlock key areas for exploration throughout the 200-square-kilometre Freegold Mountain project as well as the Tad/Toro and recently acquired Big Creek property, all within the Dawson Range copper-gold district."

The company has promoted Graeme Hopkins to chief technical officer of Triumph Gold. Mr. Hopkins has been with the company as the GIS (geographic information system) and database manager since 2008. "Throughout the history of the company, Graeme has been responsible for countless essential roles and has contributed significantly to our success," said Mr. Anderson. He added, "We have never been so confident about our assets on the ground; underpinned by a world-class technical team, we are well positioned to advance our projects and are very excited about Triumph's plans going forward."

About Triumph Gold Corp.

Triumph Gold is a Canadian-based, growth-oriented gold exploration and development company with a district-scale land package in mining-friendly Yukon. The company's 100-per-cent-owned, road-accessible, flagship Freegold Mountain project is located in the Dawson Range and is host to three NI 43-101 mineral deposits (Nucleus, Revenue and Tinta Hill). The project covers an extensive section of the Big Creek fault zone, a northwest-trending structure directly related to epithermal gold and silver mineralization as well as gold-rich porphyry copper mineralization. The company, led by an experienced management team, is focused on creating value through the advancement of its strategic gold-first exploration program.

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