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Triumph Gold Reports Results from Diamond Drilling of the Nucleus Au-Ag-Cu Deposit, Freegold Mountain Property, Yukon

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PR Newswire

TSX.V: TIG
OTCMKTS: TIGCF
Frankfurt: 8N61

VANCOUVER, Jan. 18, 2018 /PRNewswire/ - Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) ("Triumph Gold" or the "Company") is pleased to announce the results from 4,685 meters of diamond drilling in sixteen holes targeting the Nucleus Au-Ag-Cu deposit area on the Freegold Mountain Property, Yukon Territory.  Highlights from the drill campaign include:

  • Three high-grade gold intersections:
    • 18.5 grams/tonne (g/t) Au over 1.5 metres in N17-02 (174.50 – 176.00m)
    • 11.35 g/t Au and 7.3 g/t Ag over 1.44 metres in N17-07 (132.46 – 133.90m)
    • 10.2 g/t Au over 1.1 metres in N17-12 (111.00 – 112.10m)
  • Six infill drill holes tested underexplored portions of the Nucleus resource area where there are significant gaps in the current resource block-model. Each intersected zones of gold mineralization with grades that exceed the deposit average (0.544 g/t Au at a 0.3 g/t AuEq* cutoff), including:
    • 21.9 meters of 1.545 g/t Au in N17-02 (173.1 – 195.00m)
    • 42.14 meters of 0.799 g/t Au and 0.137% Cu in N17-03 (47.86 – 90.00m)
    • 11.14 meters of 2.696 g/t Au in N17-07 (126.86 – 138.00m)
    • 17.73 meters of 1.797 g/t Au in N17-12 (99.00 – 116.73m)
    • 30.00 metres of 0.701 g/t Au also in N17-12 (212.00 – 242.00m)
  • Five step-out drill holes that tested for extensions of Nucleus mineralization to the north, south and east of the current resource area intersected zones of gold mineralization that exceed the 0.3 g/t AuEq* cutoff grade of the deposit including:
    • 12.00 metres of 1.005 g/t Au in N17-01 (165.00-177.00m)
    • 29.20 metres of 0.485 g/t Au and 0.185% Cu in N17-06A (66.80 – 96.00m)
  • N17-10, which tested a previously undrilled 1.0 X 0.7 kilometre chargeability anomaly that lies north of the current Nucleus resource, bottomed in mineralization:
    • 21.53 metres of 0.513 g/t Au (453.00 – 474.53m) including 9.53 metres of 1.089 g/t Au (465.00 – 474.53m).

Figure 1 (CNW Group/Triumph Gold Corp.)

Drill hole locations and orientations are listed in Table 1 below and illustrated on Figure 1.  Highlights of the drill program noted above are in Table 2 along with a full list of significant results.


Table 1 Location and Orientation of 2017 Diamond Drill Holes Testing the Nucleus Area

Hole #

Easting**


ARIVA.DE Börsen-Geflüster

Northing**

Azimuth

Inclination

Depth (m)

N17-01

379462

6913291

000

-50

283.46

N17-02

379249

6913635

000

-50

260.60

N17-03

379250

6913786

000

-50

260.28

N17-04

379467

6913449

000

-50

260.60

N17-05

379254

6913463

000

-50

279.2

N17-06A

379600

6913583

000

-50

97.54

N17-06B

379600

6913583

000

-50

419.08

N17-07

379249

6913954

000

-46

259.08

N17-08

379251

6914125

000

-50

272.49

N17-09

379664

6913659

270

-50

260.6

N17-10

379181

6914374

000

-60

474.53

N17-11

379671

6913658

45

-50

269.75

N17-12

379253

6913284

000

-50

260.6

N17-13

379255

6913119

000

-50

275.84

N17-14

379488

6914351

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