Tag: Freegold Mountain

Triumph Gold Purchases Royalty Interest in Golden Revenue Claims

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V.TIG, Triumph gold, gold

Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the purchase of a 2% Net Smelter Return (the “NSR”) interest in the Golden Revenue property, which is wholly contained within the Company’s 100% owned, road accessible Freegold Mountain Property, YT. With this purchase, a critical 9.9 sq. km portion of the Freegold Mountain property, centered over the Blue Sky-Revenue-Nucleus area, is now unencumbered by any royalties (Figure 1). read more

Triumph Gold Announces the Discovery of Two New Gold-Copper Showings And Completion of the 2018 Field Season

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V.TIG, Triumph gold, gold

Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce that the 2018 exploration season, on the company’s 100% owned, road accessible, Freegold Mountain property, which began in late March, is now complete.  In addition to making numerous long, high-grade and gold-rich drill intersections during the 2018 season (summarized below) two new, at surface, mineral showings were discovered, the Drone Zone showing, and the Maximus II showing. read more

Triumph Gold Commences Deep Penetrating Geophysical Surveys over the Blue-Sky, Revenue and Nucleus Area Targeting a Buried Causative Porphyry

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V.TIG, Triumph gold, gold

Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the September 15th start of a geophysical program on its road accessible, 100% owned, Freegold Mountain property. The geophysical program encompasses the entire length of a multi-element soil anomaly that surrounds the Blue Sky, Revenue and Nucleus areas (Figure 1). The program is being conducted by SJ Geophysics and will include resistivity (DC), induced polarization (IP), magnetotelluric (MT), and ground magnetic surveys. The configuration of the IP survey is designed to provide data to a depth of 700 metres and the MT survey extends the depth of investigation to approximately 1,200 metres. The DC, IP and MT surveys will cover approximately 30 line-kilometres, with three 7 km long lines running the length of the soil anomaly from NW to SE, and three approximately 3 km long lines running across the Blue Sky Zone in a N-S orientation (Figure 1). The survey is expected to be complete by October 5 and will require several weeks for further data processing before final results will be delivered to the company. read more

Triumph Gold Announces Three Additional Gold-Rich Drill Intersections from Blue Sky Porphyry Highlighting RVD18-19 with 316.00 metres of 1.79 grams per tonne (g/t) Gold Equivalent* including 79.75 metres of 3.34 g/t Gold Equivalent* with 2.5 grams per tonne Gold and 0.38% Copper

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V.TIG, Triumph gold, gold

Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: 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: read more

Triumph Gold Intersects Strong Gold-Rich Porphyry Mineralization in the Blue Sky Porphyry, including 125.13 metres of 1.24 grams per tonne Gold, 0.31% Copper, 7.0 grams per tonne Silver and 0.01% Molybdenum

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V.TIG, Triumph gold, gold

Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the 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 the first three drill holes to intersect the zone in 2018 include: read more

Triumph Gold Defines Gold-Rich Breccia Zone at Revenue East

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Triumph Gold Corp., (TSXV:TIG) (OTCMKTS: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: read more

Triumph Gold Issues Options

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V.TIG, Triumph gold, gold

Triumph Gold Corp. (TSX-V:TIG) (“Triumph” or the “Company”) is pleased to announce that pursuant to its stock option plan, the Company is issuing 800,000 options to officers and directors.  The options are priced at $0.40 and are valid for a period of 5 years. The stock options will vest 25% immediately, 25% after six months, 25% after twelve months and 25% after eighteen months. read more

Triumph Gold Closes C$5,124,000 Financing and Confirms Goldcorp Participation

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Triumph Gold Corp. (TSXV:TIG) (“Triumph” or the “Company”) is pleased to announce that it has completed a private placement financing of 14,641,101 units of Triumph at a price of $0.35 per unit for gross proceeds of approximately $5,124,385.  Each unit consists of one common share of the Company and one half of one non-transferable common share purchase warrant (each whole warrant, a “Warrant”).  Each Warrant is exercisable into one additional common share at a price of $0.55 for a period of two years from the closing of the financing.  The investment was made primarily by institutional investors. A private Hong Kong fund invested approximately $2.5 million and three existing shareholders (amongst others) participated in the offering, including Goldcorp Inc. (“Goldcorp”) which exercised its right to top up to a 19.9% ownership by participating in the financing. read more

Triumph Gold Mobilizes Crew for Phase 1 Drilling on Freegold Mountain Project, YT

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V.TIG, Triumph gold, gold

Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: NFRGF) (“Triumph Gold” or the “Company“) is pleased to announce that a field crew has been dispatched to the Freegold Mountain property to execute a 1,900 metre diamond drill program targeting the newly discovered porphyry system in the Keirsten Zone (see PR # 17-13). Porphyry related mineralization was first discovered in the Keirsten Zone with drill hole KZ17-01 which tested the center of a 1.1 km diameter intense (up to 180 milliradians) buried chargeability high. The drill hole encountered rock that had been affected by an extremely vigorous porphyry related hydrothermal system from 193 metres to the end of the hole at 603.50 metres.  Phase 1 drilling will test new targets within and along the margin of the chargeability high that were developed through application of a porphyry model to the interpretation of existing geological and geophysical data. read more