Triumph Gold Corp. (TSXV:TIG, OTCQB:TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce further delineation of gold-rich porphyry-style mineralization in the Blue Sky Zone on their 100% owned, road accessible, Freegold Mountain Property in the Yukon Territory. Highlights from follow-up drilling of the Blue Sky Porphyry include:
- RVD18-19 with 316.00 metres of 1.10 grams per tonne (g/t) gold (Au), 0.27% copper (Cu), 5.0 g/t silver (Ag), and 0.02% molybdenum (Mo) (196.00 – 512.00m), including 79.75 metres of 2.48 g/t Au, 0.38% Cu, 6.9 g/t Ag and 0.02% Mo (338.75 – 418.50m).
- RVD18-20 with 110.50 metres of 0.45 g/t Au, 0.19% Cu and 3.7 g/t Ag (202.00 – 312.50m), including 54.40 metres of 0.73 g/t Au, 0.305% Cu and 7.0 g/t Ag (234.00 – 288.50m).
- RVD18-21 with 83.50 metres of 0.70 g/t Au, 0.14% Cu and 7.1 g/t Ag (350.00 – 433.50m), including 50.93 metres of 1.08 g/t Au, 0.19% Cu and 11.0 g/t Ag (371.57 – 422.50m).
Table 1 – Gold-Rich, High-Grade, Blue Sky Porphyry Drill Intercepts, 2017, 2018. Highlighted results from this news release in bold.
| Drill hole | From | To | Length*** | Au | Ag | Cu | Mo | AuEq* | CuEq* |
| m | m | m | g/t | g/t | % | % | g/t | % | |
| PR18-09, September 6, 2018 (This News Release) | |||||||||
| RVD18-19 | 196.00 | 512.00 | 316.00 | 1.101 | 5.0 | 0.270 | 0.020 | 1.79 | 1.09 |
| Including | 338.75 | 418.50 | 79.75 | 2.481 | 6.9 | 0.378 | 0.017 | 3.34 | 2.03 |
| RVD18-20 | 202.00 | 312.50 | 110.50 | 0.452 | 3.7 | 0.187 | 0.004 | 0.85 | 0.51 |
| Including | 234.00 | 288.50 | 54.50 | 0.728 | 7.0 | 0.305 | 0.007 | 1.38 | 0.84 |
| RVD18-21 | 350.00 | 433.50 | 83.50 | 0.704 | 7.1 | 0.137 | 0.003 | 1.04 | 0.63 |
| Including | 371.57 | 422.50 | 50.93 | 1.080 | 11.0 | 0.193 | 0.003 | 1.56 | 0.95 |
| PR18-08, August 23, 2018 | |||||||||
| RVD18-05 | 375.00 | 524.26 | 149.26 | 0.300 | 2.5 | 0.152 | 0.016 | 0.72 | 0.44 |
| Including | 484.75 | 524.26 | 39.51 | 0.679 | 5.0 | 0.248 | 0.027 | 1.38 | 0.84 |
| Including | 508.75 | 524.26 | 15.51 | 0.807 | 6.0 | 0.274 | 0.034 | 1.63 | 0.99 |
| RVD18-16 | 170.50 | 265.00 | 94.50 | 1.532 | 5.8 | 0.279 | 0.013 | 2.18 | 1.33 |
| Including | 241.50 | 258.00 | 16.50 | 3.440 | 10.2 | 0.464 | 0.031 | 4.60 | 2.80 |
| RVD18-17 | 287.00 | 489.10 | 202.10 | 0.874 | 5.8 | 0.256 | 0.014 | 1.50 | 0.91 |
| Including | 310.47 | 435.60 | 125.13 | 1.240 | 7.0 | 0.310 | 0.010 | 1.93 | 1.17 |
| PR17-13, November 2, 2017 | |||||||||
| RVD17-01 | 369.62 | 464.00 | 94.38 | 0.34 | 3.9 | 0.169 | 0.022 | 0.86 | 0.52 |
| RVD17-13 | 112.00 | 169.00 | 57.00 | 1.08 | 6.6 | 0.285 | 0.020 | 1.82 | 1.10 |
Paul Reynolds, Triumph Gold’s President and CEO, comments, “RVD18-19 contains a truly exceptional intersection. Not only does it represent the longest and highest grade intersection in the Blue Sky Porphyry to date, but it is one of the highest grade intersections ever made in a porphyry system in the Yukon. At 565.6 gram metres**** gold equivalent*, it is likely to be one of the best intersections made on a gold exploration property this year. I congratulate our technical team for their perseverance and success in testing previously untested ground surrounding the Revenue and Nucleus deposits.”
Blue Sky Porphyry
Since 2016 Triumph Gold’s exploration on the Freegold Mountain Property has been focused on the six-kilometre-long, multi-element soil and geophysical anomaly that encompasses the Revenue and Nucleus areas. Within the anomaly, the Blue Sky Zone covers a broad area extending 2.3 kilometres east of the Revenue diatreme (Figure 1) to the eastern margin of the anomaly. It was drill tested in 2017 with significant intersections made in RVD17-13 (57.00 metres of 1.08 g/t Au, 6.6 g/t Ag, 0.285% Cu and 0.02% Mo from 112.00m; Table 1) and RVD17-01 (Table 1). Three previously released 2018 drill holes (see NR18-08 dated Aug. 23; Table 1) successfully targeted the Blue Sky Porphyry and demonstrated both high-grade and contiguous mineralization over up to 202.10 metres (RVD18-17, which included 125.13 metres of 1.24 g/t Au, 7.0 g/t Ag, 0.31% Cu, and 0.01% Mo; Table 1). With RVD18-19, RVD18-20 and RVD18-21, described in this news release, the size and grade of the Blue Sky Porphyry continues to grow. RVD18-19 contains the longest*** intersection (316.00m of 1.09% CuEq*; Table 1), the highest grade composite (79.75m of 2.48 g/t Au, 0.38% Cu, 6.9 g/t Ag and 0.02% Mo; Table 1), and the highest grade gold in a single assay (39.4 g/t Au from 376.60 – 377.60m) to date.
Figure 1 highlights the location of drill intersections in the Blue Sky Porphyry:
https://www.triumphgoldcorp.com/wp-content/uploads/PR18-09-Revenue-Portrait.pdf
Figure 2 shows RVD18-19 in cross-section:
https://www.triumphgoldcorp.com/wp-content/uploads/PR18-09_Section.pdf
Photographs of core from the new intersections can be found on the Triumph Gold Corp. website:
https://www.triumphgoldcorp.com/wp-content/uploads/PR18-09-Rock-Shots.pdf
High-grade, gold-rich mineralization in the Blue Sky Porphyry is demonstrated over 180 meters in a NE-SW direction and occupies the north-eastern extent of a 500 metre long corridor of well mineralized rock that includes the newly defined WAu breccia (e.g. 76.34 metres of 1.40 g/t Au, 9.2 g/t Ag, 0.21% Cu and 0.032% Mo in RVD11-19; see PR#18-07, dated July 21, 2018), and porphyry related stockwork style mineralization (e.g. 238.10 metres of 0.31 g/t gold and 0.13% copper in RVD11-22). The high-grade zone is modeled as an irregular shaped body with a south or south-east dipping upper surface that is open along strike to the northeast, west, and downdip to the south and southeast. The 500 metre-long corridor is contained within a 3.6 kilometre zone of porphyry mineralization that extends from the Happy Creek showing (269.00 metres of 0.29 g/t AuEq* in RVD17-09, see PR#17-13, dated Nov. 2, 2017) to the Keirsten Zone (100 metres of 0.32 g/t AuEq* in KZ18-01, see PR#18-07, dated July 21, 2018). The broader zone of porphyry mineralization is flanked to the west by the Nucleus epithermal gold deposit, and cross-cut by a locally well mineralized diatreme (the Revenue Diatreme).
Mineralization associated with the Blue Sky Porphyry is hosted in the Mid-Cretaceous Revenue granite and in late-syn-mineral quartz-feldspar-porphyry dykes. It consists of chalcopyrite and molybdenite in quartz veins, hydrothermal breccia matrix, and disseminated in hydrothermally altered granite and quartz-feldspar porphyry dykes. The most intense mineralization is associated with strong potassic (K-feldspar grading outwards into biotite) alteration. A set of late quartz-carbonate veins are concentrated within the main mineralized zone and contain variable amounts of chalcopyrite, molybdenite, galena, sphalerite, bismuthinite, and visible gold. The porphyry is gold-rich throughout, but the late quartz-carbonate veins represent an important second stage of gold enrichment.
Ongoing Exploration of the Blue Sky Porphyry
The high-grade mineralization identified in the Blue Sky Zone continues to be a focus of exploration activity:
- Deep penetrating induced polarization and infill magnetic geophysical surveys are currently being organized.
- Crews are completing an infill soil survey over Revenue East and the Blue Sky Zone.
- Roadbuilding and trenching have exposed new outcrops in the Blue Sky Zone, which are being mapped and prospected.
- Expert porphyry and structural geology consultants have been brought to the Freegold Mountain Property to conduct reviews of the Blue Sky Porphyry (John Bradford, M.Sc., P.Geo., Triumph Gold technical advisor and Cam Bartch M.Sc., P.Geo., Terrane Geoscience).
Exploration Update
Triumph Gold’s 2018 Freegold Mountain Property drill campaign, which began in late March, is now complete. Geophysics, trenching and soil sampling programs are expected to continue …read more
From:: Investing News Network