Triumph Gold Defines Gold-Rich Breccia Zone at Revenue East

By Anwesha Sengupta

Triumph Gold Corp. (TSXV:TIG, OTCQB:TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the results of spring and early-summer drilling on the Company’s 100% owned, road accessible, Freegold Mountain Property in the Yukon Territory. Exploration was focused within a 6 km soil and geophysical anomaly that surrounds the Revenue and Nucleus resource areas. Highlights of results available to date include:

  • Expansion and definition of the Au-Ag-Cu-Mo-rich breccia body (WAu Breccia) first reported in 2017 (PR#17-12, October 19, 2017). The breccia was intersected by five additional drill holes including 72.00 metres of 1.33 g/t AuEq* (from 60.00m in RVD18-03), 128.00 metres of 1.27 g/t AuEq* (from 105.00m in RVD18-08), and 43.02 metres of 1.50 g/t AuEq* (from 62.52m in RVD18-11). Individual sample intervals have gold concentrations up to 27.2 g/t (Table 1)
  • Multiple drill intersections of mineralization within the Revenue diatreme (main breccia body), including 44.00 metres of 1.08 g/t AuEq* (from 198.00m in RVD18-02), 19.81m of 1.24 g/t AuEq* (from 91.44m in RVD18-10), and 11.00 metres of 2.04 g/t AuEq* (from 146m in RVD18-10) (Table 2).

WAu Breccia Target

The WAu Au-Ag-Cu-Mo breccia, located near the southeast corner of the Revenue diatreme, was first intersected by two drill holes in 2011:

  • RVD11-19 – 1.40 g/t Au, 9.2 g/t Ag, 0.21% Cu and 0.032% Mo over 76.34m (176.75-253.09m) and
  • RVD11-28 – 0.86 g/t Au, 10.3 g/t Ag, 0.36% Cu and 0.120% Mo over 41.95m (208.30-250.25m)

Relogging of core in 2016 identified the high-grade breccia zone as a discrete body, which was then targeted and intersected in 2017 by a stepout 41 metres west of RVD11-19:

  • RVD17-12 – 1.18 g/t Au, 8.3 g/t Ag, 0.24% Cu and 0.013% Mo over 40.0m (247.50-287.50m)

Modelling of the breccia as an east-west striking, south dipping body helped successfully target five additional drill holes in 2018 to test the breccia east of, and both up and down dip from, the original RVD11-19 drill intersection. These drill holes confirmed the continuity and grade of the breccia over a 130 metre strike length, and to a depth of at least 200 metres (Table 1). The breccia is open to depth and to the west beneath the Revenue diatreme. Drill hole locations are shown on Figure 1, and details of location and orientation are in Table 3.

Click here for Figure 1:

Figure 1

Table 1 – WAu Breccia Intercepts, Revenue East Drilling, 2018

Drill hole From To Length*** Au Ag Cu Mo AuEq* CuEq*
m m m g/t g/t % %
WAu Breccia
RVD18-03 52.00 232.00 180.00 0.307 5.70 0.162 0.020 0.825 0.501
Including 60.00 132.00 72.00 0.538 13.72 0.302 0.013 1.327 0.807
RVD18-04 47.00 122.00 75.00 0.334 2.57 0.161 0.013 0.741 0.451
Including 92.00 122.00 30.00 0.513 4.38 0.276 0.013 1.138 0.691
And 173.00 181.36 8.36 0.178 0.48 0.134 0.013 0.515 0.313
RVD18-08 105.00 233.00 128.00 0.639 2.10 0.169 0.037 1.271 0.773
Including 169.25 201.00 31.75 0.748 7.33 0.367 0.018 1.602 0.974
Including 216.50 217.98 1.48 27.200 0.00 0.096 0.030 27.620 16.783
RVD18-11 47.24 161.50 114.26 0.389 2.53 0.159 0.007 0.746 0.454
Including 62.52 105.54 43.02 0.806 6.03 0.329 0.009 1.502 0.912
RVD18-15 82.00 190.86 108.86 0.234 0.66 0.101 0.035 0.715 0.434
Including 100.00 120.24 20.24 0.394 2.33 0.175 0.053 1.180 0.717

Other Targets

Additional drilling in 2018 targeted breccia hosted mineralization within the Revenue diatreme as well as adjacent porphyry style mineralization at Revenue East, and the porphyry style Keirsten Zone, which was identified in 2017 (PR#17-13, November 2, 2017). Porphyry style mineralization has also been identified in a number of locations beyond Revenue East (e.g. to the east in the Blue Sky Zone, and to the west at Revenue West and in the Guder Zone). The Blue Sky Zone, and Guder Zone are being tested during the current drill campaign, and results will be reported separately.

  1. Within the eastern part of the Revenue diatreme, a series of shallow holes were drilled to test for near surface oxide gold, as intersected in RVD17-10 (0.64 g/t Au over 68m from 36m; PR#17-12, October 19, 2017). Although the oxide gold encountered in 2018 was lower grade than that intersected in 2017 (e.g. RVD18-09 with 28.96m @ 0.342 g/t Au), significant higher-grade gold and copper was intersected in an underlying and previously unknown supergene blanket (e.g. RVD18-10 with 19.81m @ 0.887 g/t Au, 2.7 g/t Ag, and 0.16% Cu) that consists of chalcocite on fractures and coating pyrite, and which has also been identified elsewhere at Revenue East, e.g. in the upper portion of the WAu breccia. Sulfide replacement and hydrothermal breccia mineralization was intersected as well (e.g. RVD18-02 with 44m @ 0.405 g/t Au, 1.9 g/t Ag, and 0.09% Cu, and RVD18-10 with 11m @ 1.563 g/t Au, 6.66 g/t Ag, and 0.22% Cu) (Table 2).
  2. Porphyry style mineralization was identified at Revenue East in numerous historic drill holes (e.g. RVD11-22 with 238.10m @ 0.13% Cu, 0.31 g/t Au, and RVD11-028 with 104.15m @ 0.17% Cu, 0.32 g/t Au and 0.09% Mo). The footprint of porphyry style mineralization at Revenue East was extended westwards by 110 metres with RVD18-02 and south 40 metres by RVD18-01. It was also identified on the northeast edge of the Revenue diatreme with RVD18-07, greater than 200 metres north of the main body of porphyry mineralization.
  3. The Keirsten Zone is a blind target, located under tens of metres of overburden between the Revenue and Nucleus deposits. Inaugural drilling of the zone in 2017 tested the core of a strong chargeability high and encountered intense, multi-stage porphyry style alteration and veining in a granodiorite porphyry host rock from 193 metres to the end of the hole at 603.50 metres. The 2018 drill campaign expanded the zone of strong porphyry-style alteration and veining, but copper and gold mineralization, although widespread, is generally low grade (Table 2).

Table 2 – Additional Revenue East and Keirsten Zone Drill Results, 2018

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