Triumph Gold Drills 80.50 Metres of 1.96 g/t AuEq from the WAu Zone at the Freegold Mountain Project, Yukon
November 24, 2021 at 05:00 am EST
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Triumph Gold Corp. announced results from 2,154 metres (?m?) of diamond drilling in four holes from the WAu Zone within the Revenue Deposit at the Freegold Mountain Project, highlighted by 80.5 metres of 1.96 grams per tonne (?g/t?) gold equivalent1 (?AuEq?) in RVD21-03. Intersection of multiple styles of mineralization including epithermal veins, porphyry-style stockwork veins, disseminated sulphides, and sulphide breccias. Expansion of the WAu Zone 70 metres along strike in an east-west orientation 80.50 metres of 1.96 g/t AuEq from 370 metres in RVD21-03 Containing 1.52 g/t gold (?Au?), 3.74 g/t silver (?Ag?), 0.18% copper (?Cu?), 0.011% molybdenum (?Mo?), and 0.007% tungsten (?W?) 35.00 metres of 0.33 g/t AuEq from 325.0 metres in RVD21-02 Containing 0.17 g/t Au, 1.04 g/t Ag, 0.05% Cu, 0.008% Mo, and 0.004% W 8.25 metres of 0.40 g/t AuEq from 164.00 metres in RVD21-04 Containing 0.28 g/t Au, 0.29 g/t Ag, 0.02% Cu, 0.001% Mo, and 0.017% W 6.00 metres of 0.65 g/t AuEq from 179.00 metres in RVD21-04 Containing 0.54 g/t Au, 0.83 g/t Ag, 0.06% Cu, 0.001% Mo, and 0.002% W Intersection of near-surface porphyry-style mineralization with 108.65 metres of 0.40 g/t AuEq from 36.35 metres in RVD21-01 Containing 0.18 g/t Au, 1.95 g/t Ag, 0.10% Cu, 0.005% Mo, and 0.002% W Additional intersection of porphyry-style mineralization further downhole in RVD21-01 with 60.50 metres of 0.51 g/t AuEq from 162 metres Containing 0.18 g/t Au, 2.11 g/t Ag, 0.10% Cu, 0.022% Mo, and 0.002% W The WAu Zone is defined by 18 drill holes: four new holes from the 2021 program and 14 historical holes. The WAu Zone is a steep south-dipping structurally controlled body of Au-Cu-Ag-Mo-W epithermal mineralization within the Revenue Deposit. The Revenue Deposit is made up of the WAu Zone, Blue Sky Zone, and zones of Cu-Mo-Au porphyry-style mineralization. The strike length of the WAu Zone was expanded 70 metres and is now 75 metres away from the Blue Sky Zone. The WAu Zone now has a modeled strike length of 250 metres, an average width of 50 metres, and a depth extending 525 metres below surface. All four holes intercepted porphyry-style and epithermal mineralization and each hole had intervals greater than 1 g/t gold. RVD21-03 intercepted the WAu Zone and returned 80.50 metres of 1.96 g/t AuEq from 370 metres. This intercept is located 35 metres east of RVD19-02, which had an intercept of 400.48 metres grading 1.21 g/t AuEq3(PR#19-16). RVD21-04 stepped out 50 metres eastward from RVD21-03 and intercepted the WAu Zone 130 metres above RVD21-03. The updated expression of the WAu Zone is now modeled to be 75 metres from the Blue Sky Zone, suggesting there may be a link between the two zones in a NE orientation. The WAu Zone structure strikes east and dips steeply to the south. This structure hosts milled, jigsaw and crackle breccia textures, and local stockwork veining. Epithermal mineralization is hosted by quartz-carbonate (calcite, ankerite, dolomite) hydrothermal infill containing polymetallic sulphide mineralization (pyrite, pyrrhotite, chalcopyrite, molybdenite, arsenopyrite, scheelite, sphalerite, galena, and bismuthinite) and associated fine grained native gold. Strong silica +/- biotite alteration is associated with mineralization and has subsequently been overprinted by argillic (kaolinite), SCC (sericite + clay + chlorite), and phyllic (sericite +/- pyrite) alteration confirmed in previous drilling through drillhole spectral data (PR#21-05). Porphyry-style mineralization consists of sulphide +/- quartz veinlets and local stockwork veining with broad zones of disseminated sulphide mineralization surrounding vein clusters and local fine grained native gold.
Triumph Gold Corp. is a Canada-based junior natural resource company. The Company is engaged in the acquisition, exploration and the development of mineral properties of merit in the Yukon Territory and British Columbia (BC), Canada. Its flagship project is Freegold Mountain. The Freegold Mountain gold-copper project is located within the Dawson Range, approximately 70 kilometers (km) northwest of Carmacks, Yukon. The Freegold Mountain project is comprised of an exploration project, which includes Tinta Hill Property, Yukon; Freegold Property, Yukon; Goldstar Property, Yukon, and Golden Revenue Property, Yukon. The Tad/Toro Project is situated within the approximately 100 kilometers (km) long Big Creek portion of the 250 km long Dawson Range. The Big Creek Copper-Gold Property consists of approximately 258 contiguous quartz mining claims in the Whitehorse Mining District of the Yukon. The Andalusite Peak property is located approximately 36 km southeast of Dease Lake, BC.