Triumph Gold Corp. announced results from 755.90 metres of diamond drilling in 2 holes from the Nucleus Deposit at the Freegold Mountain Project. Highlights include 4.50 metres of 2.00 g/t Au and 1.57 g/t Ag within 46.28 metres (“m”) of 0.54 g/t Au and 0.53 g/t Ag in N21-02 within the oxide zone returning 83% gold recovery through cyanide solubility analysis (AuCN/AuFA).

The Nucleus Deposit is made up of zones of Au-Ag-Cu epithermal and Au-Cu-Ag skarn mineralization. Four holes were drilled testing the “four corners” of the Au $1500 pit shell from the 2020 Mineral Resource Estimate (PR-20-02). The purpose of the four holes was to test mineralization continuity, confirm the depth of the oxide-sulphide boundary and test heap leach gold recovery through cyanide solubility (AuCN/AuFA) through both fire assay and cyanide analysis for gold.

The calculated ratio of cyanide gold (AuCN) over fire assay (AuFA) gold generates an estimate for gold recovery (AuCN/AuFA). The results of the first two holes (N21-01 and N21-02) drilled on the southern corners of the pit shell are presented in this release. During the 2021 exploration program, two drill holes were completed on the southern corners of the Nucleus Deposit totaling 755.90 metres.

Drilling expanded mineralization and confirmed bulk tonnage mineralization from the 2020 Resource Model (PR-20-02). Drilling encountered multiple styles of mineralization including epithermal veins, sulphide breccias and disseminations, skarn, and sulphide replacement. Drilling confirms the presence of a strong oxide profile across the proposed open pit with cyanide solubility ratios (AuCN/AuFA) up to 87% in N21-02, 128 samples were analyzed: 50 in the oxide zone, 78 in the sulphide zone, N21-01 intersected 31.75 metres of 0.54 g/t Au and 1.72 g/t Ag from 52.50 metres in the sulphide zone, Including 1.03 g/t Au and 2.20 g/t Ag from 67.00 to 79.30 metres, N21-02 intersected 46.28 metres of 0.54 g/t Au and 0.53 g/t Ag from 13.72 metres in the oxide zone, Including 2.00 g/t Au and 1.57 g/t Ag from 28.50 to 33.00 metres, N21-02 intersected 8.00 metres of 0.74 g/t Au and 1.21 g/t Ag from 61.5 metres in the sulphide zone at the base of the oxide zone, N21-02 intersected 24.80 metres of 0.54 g/t Au and 1.32 g/t Ag from 211.90 metres in the sulphide zone, Including 1.25 g/t Au and 3.15 g/t Ag from 228.80 to 236.70 metres, 16 intervals of (>1 g/t Au) were intersected, highlighted by: 4.45 g/t Au, 4.90 g/t Ag, and 0.31% Cu from 93.58 to 94.28 metres in N21-014.39 g/t Au and 1.10 g/t Ag from 114.08 to 114.63 metres in N21-02 57% of the 6,615 metres of the 2021 diamond drilling program have been reported to date.

Further updates will be provided when the results for the remainder of the 2021 exploration program are received and interpreted from the Nucleus Deposit, the Orbit Zone, and regional exploration activities. Intervals assaying above 0.2 g/t gold AuFA were tested by AuCN in N21-01. Intervals from the top of hole in N21-02 to 82.30 metres were tested by AuCN.

Intervals below 82.30 metres depth and assaying above 0.2 g/t gold were also tested by AuCN. The 2021 drill program incorporated a drillhole-constrained magnetic 3D inversion model to target magnetic lows within an east-west trending structural corridor at Nucleus previously tested in 2017 and 2018. The structural corridor is defined by zones of faulting hosting epithermal veining and quartz-feldspar porphyry dyke emplacement.