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Triumph Gold (TSXV:TIG) commences 2021 exploration program at the Freegold Mountain Project

Mining
TSXV:TIG
29 June 2021 11:45 (EDT)

Triumph Gold (TIG) has mobilized the first diamond drill and crews to the Freegold Mountain Project for its 2021 exploration program.

Drilling will take place at the Revenue deposit, Nucleus deposit, Melissa zone, Irene-Goldstar corridor, and the Tinta Hill deposit.

Phase I of the program consists of 8,000 metres of diamond drilling, 100 line-kilometres of ground geophysical surveying, 35 line kilometres of soil sampling, and surface trenching according to the following breakdown:

  • Approximately 3,000 metres of diamond drilling at the Revenue deposit;
  • 3,000 metres of drilling at the Nucleus deposit;
  • 1,500 metres of inaugural drilling at the Melissa zone;
  • 500 metres of step-out drilling in the Irene-Goldstar corridor;
  • Over 100 line-kilometres of ground magnetic geophysical surveying over the Irene-Goldstar corridor, Stoddart, Cabin, and Melissa zones; and
  • Approximately 6 line kilometres of HLEM geophysical surveying at the Tinta Hill deposit.

Jesse Halle, Vice President of Exploration for Triumph Gold, commented,

“Through a focused review and rebuild of the Freegold Mountain Project 3D model, the technical team has digested the entire data room and designed a comprehensive, multi-tiered exploration program – a process that has already added significant value to the project and will be instrumental in achieving Triumph’s strategic goals.”

The goal of the drilling program is to add new inferred resources and upgrade inferred resources to indicated resources at the Nucleus and Revenue deposits. The program will also aim to discover and develop mineralized zones outside the deposit areas.

The Freegold Mountain Project is located in the Dawson Range Copper-Gold Belt in the Yukon and covers an extensive section of the Big Creek Fault zone.

Triumph Gold Corp. is a Canadian-based, growth-oriented exploration and development company.

Triumph Gold Corp. (TIG) remains steady, trading at $0.19 per share as of 9:30 am ET.

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