#TriumphGoldCorp TSXV$TIG $TIGCF Definition of a 1.8 x 0.75 km Soil #Anomaly along #Strike of the #Tinta Au-Ag #Deposit and #Discovery of #Gold Bearing #Quartz #Veins in Six #Trenches Over 700 metres #Strike Length within the #Anomaly

Summary of November 20, 2017 Press Release for @TriumphGoldCorp TSXV$TIG $TIGCF  

  • Recent soil sampling defined a 1.8 x 0.75 km multi-element (Au, Cu, Pb, Zn, As, Bi, Sb) soil anomaly.

Highlights of exploration at Tinta include:

  • A 1.8-km-long multi-element soil anomaly, open to the northwest, along strike of the Tinta Au-Ag deposit has been defined.
  • The anomaly has a higher concentration of samples with elevated pathfinder elements (As, Sb, Bi) than the area surrounding the Tinta vein deposit and a similar concentration of samples with elevated gold, but over an area twice the size.
  • Within the 1.8-km-long soil anomaly, a 700-metre-long section was tested with seven trenches. Six exposed multiple clay-altered or silicified zones with mineralized quartz-chalcedony-carbonate-sulphide vein networks.
  • The Tinta Au-Ag-Cu-Pb-Zn deposit has an inferred resource of 2.16 million tonnes grading 1.89 g/t Au, 54.9 g/t Ag, 0.27% Cu, 0.99% Pb and 1.41% Zn (December 15, 2014). Follow-up exploration in 2017 included:
  • an expanded soil geochemistry grid with 993 samples collected over 8 sq. km, and
  • 560 metres of excavator trenching within the coincident anomalies defined by the 2016 survey.
    • The 2017 soil grid expanded the length of the 2016 soil anomaly from 900 to 1,800 metres. In addition, the 2017 soil survey covered the area around the Tinta vein to provide a better basis for comparison between geochemistry of soils in the new anomaly and soils surrounding the existing deposit.

Discussion of Results:

Results from the 2016 and 2017 soil sampling survey show a strong multi-element anomaly along strike of the Tinta vein deposit, with an approximately 500 metre gap between the vein and the newly defined 1.8-km-long anomaly.  The geological model of a pinching and swelling vein structure may adequately explain the absence and then re-occurrence of the soil anomaly along strike of the Tinta vein.  The new soil anomaly covers twice the area of the one defined around the Tinta vein.

Trenching within the soil anomaly tested less than half of the total length of the anomaly, and uncovered altered, veined and mineralized rock in six of seven trenches.

  • Paul Reynolds, Triumph Gold Corp.’s President and CEO comments: “The Tinta Au-Ag deposit is one of Triumph Gold’s higher grade and underexplored resources. Identifying an along-strike soil anomaly that is twice the size of the anomaly surrounding the current resource area is very exciting.  If it is an extension of the Tinta vein system, it could dramatically affect the size of the resource.  We look forward to testing the new anomaly with more trenching and follow-up drilling in 2018 and exploring to the northwest where the anomaly remains open.”

For complete press release go to:  www.triumphgoldcorp.com

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