Triumph Gold Discovers a New Silver and Gold Vein Showing at the Freegold Mountain Project, Yukon

Core Insights - Triumph Gold Corp. has discovered a new silver-gold vein system named the Proton Zone at its Freegold Mountain Project in Yukon, Canada, located 1.3 km northeast of the Nucleus Deposit and 2.75 km northwest of the Revenue Deposit [1][2] Summary by Sections Discovery Details - The Proton Zone was found in fresh bedrock exposed by placer mining at Mechanic Creek, covering an area of approximately 15 x 15 meters and situated over 300 meters from the nearest historic sampling or drill hole [2] - The mineralization consists of shear-hosted quartz-sulfide veins with a geochemical signature similar to the nearby Nucleus deposit, hosted in granodiorite akin to the Revenue deposit [2] Sampling Highlights - Assay results from the Proton Zone include: - Grab sample C959829: 0.50 g/t Au, 1.26 g/t Ag, 153 ppm Cu, >9,000 ppm As, 94.4 ppm Sb, 8.57 ppm Bi - Grab sample C959830: 1.68 g/t Au, 8.99 g/t Ag, 212 ppm Cu, >10,000 ppm As, 153 ppm Sb, 68.3 ppm Bi - Chip sample C959831 (30 cm): 5.95 g/t Au, 7.17 g/t Ag, 161 ppm Cu, >10,000 ppm As, 38.8 ppm Sb, 49.6 ppm Bi [3][7] Geochemical Context - Other high-grade vein zones sampled along Mechanic Creek include the Drone Zone, which returned up to 450 g/t gold and 19 g/t silver, and another zone 600 meters south of the Proton Zone with values up to 6.58 g/t gold and 13.6 g/t silver [3][4] - The geochemistry of these zones indicates a potential link to the Revenue porphyry mineralizing event, which is similar in style to the Casino deposit within the Tintina Gold Belt [4] Exploration Potential - Triumph Gold's VP of Exploration, Jesse Halle, emphasized the significant growth potential of the Revenue and Nucleus deposits, noting the emergence of a new mineralized trend [9] - The Nucleus deposit has a 2020 resource estimate of 31 million tonnes grading 0.65 g/t gold, 0.07% copper, and 0.7 g/t silver indicated, with inferred resources of 9.4 million tonnes grading 0.56 g/t gold, 0.04% copper, and 0.7 g/t silver [16] Company Overview - Triumph Gold is a Canadian-based exploration and development company focused on advancing its Freegold Mountain Project, which spans 200 square kilometers and includes three NI 43-101 mineral deposits: Nucleus, Revenue, and Tinta Hill [30][31]