Mr. John Anderson reports

TRIUMPH GOLD COMPLETES ACQUISITION OF BIG CREEK PROPERTY

Triumph Gold Corp. has completed the acquisition of the Big Creek copper-gold property located in Yukon, Canada, previously announced on Feb. 4, 2021. The company acquired the property from Teck Resources Ltd. in consideration for 1.25 million common shares of the company and a 1.5-per-cent net smelter return granted to Teck pursuant to a royalty agreement.

All securities issued in connection with the transaction are subject to a four-month hold period expiring on July 2, 2021. No finders' fees were paid in connection with the transaction. The transaction is an arms-length transaction, and the company has received final approval of the transaction from the TSX Venture Exchange.

About Triumph Gold Corp.

Triumph Gold is a Canadian-based growth-oriented precious metals exploration and development company with a district-scale land package in mining-friendly Yukon. Triumph Gold is focused on creating value through the advancement of the district-scale Freegold Mountain project located in the Dawson Range gold belt of Yukon, Canada.