Mr. John Anderson reports

TRIUMPH GOLD MANAGEMENT APPOINTMENTS

Triumph Gold Corp. has made the following management appointments.

Dr. Tony Barresi appointed president

Dr. Tony Barresi, PhD, PGeo, has been appointed to the board of directors and president of the company following the retirement of Paul Reynolds. The board thanks Mr. Reynolds for his dedication and leadership as president and chief executive officer over the past five years. Dr. Barresi is an economic geologist with 15 years of base and precious metal exploration experience. Formerly vice-president, exploration, of the company, he has built and led the company's technical team since mid-2016. During his tenure as vice-president, exploration, two high-grade gold-rich porphyry-related breccia bodies (Blue Sky and WAu) were discovered on the company's Freegold Mountain property, and in 2017 Dr. Barresi identified and staked the Andalusite Peak property in Northern British Columbia, which has subsequently been joint ventured to Rio Tinto. In addition, he has developed and maintained a robust corporate social responsibility program in the Yukon. Dr. Barresi obtained his BSc (honours) from Saint Mary's University in 2004 and PhD from Dalhousie University in 2015. His PhD thesis focused on the interplay between island-arc evolution and mineral deposit formation in B.C.'s Golden Triangle, one of Canada's premiere metal districts. Dr. Barresi was awarded the prestigious Mary-Claire Ward Geoscience Award for his thesis by the Prospectors and Developers Association of Canada (PDAC) and the Geological Association of Canada (GAC).

John Anderson appointed interim chief executive officer

Mr. Anderson, the current executive chairman of the company, has been appointed interim chief executive officer. Mr. Anderson has presided over the company since January, 2015, focusing on financing and promoting the company. Having over 25 years of capital market experience specializing in the resource sector, he was a founder and financier of many start-up companies with experience on the Toronto Stock Exchange, New York Stock Exchange, Nasdaq Stock Market, and London Alternative Investment Market and Swiss Stock Exchange. He was a founder of Deep 6 PLC, American Eagle Oil and Gas as well a founding general partner in Aquastone Capital LLC, a New York-based gold fund. Mr. Anderson raised more than $35-million for Triumph Gold before becoming the chairman and subsequently another $15-million for the past three exploration years, including a strategic investment from Goldcorp. Prior to this, he worked in investor relations at Bema Gold, investment banking with Hong Kong-based Meyers Capital as well as corporate development at Manulife Financial in commercial real estate development.

Donna Moroney appointed corporate secretary

Ms. Moroney has been appointed corporate secretary. Ms. Moroney is president of Wiklow Corporate Services and has over 30 years of extensive experience in regulatory and corporate compliance in both Canada and the United States. Ms. Moroney has instructed and provided training in the areas of regulatory compliance.

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.

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