Triumph Gold’s (TSXV.TIG) road-accessible, district scale (~ 200 sq. km) Freegold Mountain Gold-Copper Project is located in the Yukon Territory, a stable, mining-friendly jurisdiction in north-west Canada, within a geological belt that hosts multiple large gold and gold-copper deposits and mines. Since Triumph Gold acquired the property in 2006 more than 20 mineralized zones have been identified and NI 43-101 resources have been delineated at the Revenue and Nucleus porphyry deposits and the Tinta Hill high-grade poly-metallic vein deposit. The company continues to aggressively explore, building ounces at the existing deposits and evaluating the multitude of other targets located on the property.
The project is situated within an active exploration and mining area in the Tintina Gold Belt, home to numerous multi-million ounce gold deposits including the producing Fort Knox mine operated by Kinross Gold Corp., Goldcorp’s Coffee Creek deposit and the Victoria Gold Corp.’s development stage multi-million ounce Eagle Gold Mine.
Triumph Gold Corp. has 60M shares outstanding