Triumph Gold Announces Discovery of High-Grade Gold in Least-Explored Portion of the Revenue Deposit Including a 7-metre Interval Grading 15.0 grams/tonne Gold

VANCOUVER, Nov. 15, 2017

VANCOUVER, Nov. 15, 2017 /PRNewswire/ - Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: NFRGF) ("Triumph Gold" or the "Company") is pleased to announce that exploration drilling in an underexplored portion of the Revenue soil anomaly intersected high-grade gold mineralization in granite south of the Revenue diatreme.  Highlights from diamond drill hole RVD17-14 include: 

• Visible gold over a 5-metre interval (129 – 134 m).
• Contained within a 7-metre interval (129 – 136 m) of gold-silver-copper mineralization with a length*** weighted grade of 15.0 grams/tonne (g/t) gold (see below).
• Including a 1-metre interval (129 – 130 m), re-assayed three times, grading between 45.0 and 81.3 g/t gold.
• The drill hole was collared in the immediate catchment of a renowned placer creek (Revenue Creek), and the mineral association, coarse gold with bismuthinite, is the same as the placer gold.

RVD17-14 (Table 1) was drilled within a 1.2 X 0.5 kilometre multi-element, gold-rich, soil anomaly on a broad ridge that separates Whirlwind Pup and Revenue Creeks on the southern side of the Revenue diatreme. It is in the immediate catchment of the Revenue Creek placer gold deposit, renowned for having had one of the most gold-rich channels in the Dawson Range. Historical exploration within the anomaly documented two gold showings, suggesting that the entire area is prospective for high-grade lode gold, and may be the source for much of the abundant placer gold found in Revenue Creek: 

• the Klaus Zone which is immediately above the historical (pre-placer mining) confluence of Whirlwind Pup and Revenue Creek; and
• the Guder Zone, which is approximately 400 metres past the confluence, up the ridge to the south.

Historical assay results for the two zones are noted below and in Table 3.

RVD17-14, the first modern drill hole in the area, was collared in the Guder Zone, 200 metres away from any historical trenching or drilling, within an outstanding and previously untested portion of the gold-in-soil anomaly, which includes four high grade samples (3.37 g/t, 2.26 g/t, 0.83 g/t and 0.88 g/t).  The drill hole intersected a seven-metre-long interval (129 – 134 m) of strong gold-silver-copper mineralization with gold disseminated within intergrown pyrite-arsenopyrite-chalcopyrite-bismuthinite and carbonate veins. The interval includes a 5-metre section with visible gold.

The tenor of gold mineralization in RVD17-14 is high as confirmed by repeated assay results, however, the results indicate a pronounced nugget effect.  To reduce the nugget effect Table 2 includes the averaged results from repeat fire assays (with gravimetric finishes for Au>10 g/t)  See the bottom of the news release for a table of all gold results from the high-grade interval.

For location maps and photographs of visible gold in core see Triumph Gold Corp.'s website at:
http://www.triumphgoldcorp.com/projects/freegold-mountain/revenue-deposit/maps/