#TriumphGoldCorp $TIG $TIGCF Announces Board and Management Updates

VANCOUVER, British Columbia, June 29, 2020 — Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph” or the “Company”) announces that Tony Barresi has resigned as a director and the President of the Company and Joe Campbell has resigned as a director of the Company.  Tony Barresi will continue to act as a Technical Advisor to the Company.  The Company wishes to thank Mr. Barresi and Mr. Campbell for their contributions to the Company, in particular Mr. Barresi for his geological leadership over the past 3 years in discovering the Blue Sky Porphyry and advancing many of the other projects on the Freegold Mountain Project in the Yukon. “We are thankful for the contributions Tony has made at advancing all of our projects and fortunate for his continued support working with Jesse Halle, our VP Exploration,” said Chairman John Anderson.

The Company is pleased to announce that Mr. Brian Bower has agreed to accept a position as Lead Director of the Company.  Mr. Bower has over 30 years’ experience as an exploration and mine geologist working primarily in British Columbia and Yukon. “Mr. Bower’s extensive experience in supporting strong technical teams were instrumental in developing projects like the New Afton Mine, the Kemess South deposit, the Blackwater project and the Mount Milligan deposit in British Columbia. He has also worked on the Casino deposits advanced exploration program in the Yukon.” said Mr. Anderson. “We are excited to have Brian join us as an active participant in expanding our team and rapidly growing the Company beyond its exploration stage.  This is a great step forward for Triumph Gold Corp.”

About Triumph Gold Corp.

Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain Project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com.

On behalf of the Board of Directors

Signed “John Anderson”
John Anderson, Executive Chairman

AMS, Triumph Gold, Varta, Yamana Gold – What Investors Need to Know

The major stock exchanges in Europe and the USA have further stabilised in recent weeks. At midweek, the DAX was up 0.46% to 11,126 points. Also the indications for Wall Street are positive at this point in time and it all looks like the recovery trend will continue today. Despite negative reports in connection with the Corona Pandemic, the measures taken by central banks and politicians are obviously showing their effect. However, the uncoupling of the economy from the stock market by increasing the money supply is a cause for concern, and investors should therefore be particularly cautious.

 by Mario Hose


 

GOLD AS PROTECTION AGAINST INFLATION

The positive developments on the stock markets in connection with the increase in money supply around the world are the harbingers of rising inflation. The Bank of America’s speculation that the price of gold per troy ounce could rise to as high as USD 3,000.00 in the coming year is therefore well-founded. As an investor, one should be flexible in adapting to the environment in order to be prepared for all eventualities. Even if the aftermath of the Corona Pandemic leads to a recession, stock markets may still continue to rise due to the glut of money.

 

SHARES WITH GOLD LEVERAGE

If you want to position yourself in the market as an investor with gold and shares, you should look at companies that are active in the precious metals sector. Triumph Gold from Canada is exploring its own areas in the Yukon and has mining giant Newmont on board as a shareholder with an 18% stake. The upside potential of this company is that a takeover of Triumph Gold can take place if the price of gold rises. The main area of Triumph Gold is Freegold Mountain and has a size of 200 sqkm.

The area is approximately 34 km long and a year-round road runs right through it. A further increase in the price of gold and/or additional information on Triumph Gold’s gold deposits are grounds for speculation. The market value of the company is currently around CAD 25.00 million.

 

INDUSTRY GIANTS IN COMPARISON

With a market capitalization of CAD 7.25 billion, Yamana Gold also offers the opportunity to benefit from the development of the gold price. Companies of this size are usually not takeover candidates, they are more likely to be found on the buying side. AMS AG is also on the buyer’s side, as the Austrian company plans to take over Osram AG, which is valued almost four times higher.

Like Varta AG, Osram is dependent on the automotive sector and for this reason the Corona Pandemic comes at a bad time for AMS. The market value of AMS is currently around EUR 1.06 billion. With a market capitalization of EUR 3.69 billion, Varta is valued almost as highly as the lighting group Osram.


CONFLICT OF INTEREST & RISK NOTE

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold shares in the aforementioned companies and that there may therefore be a conflict of interest. Further details can be found in our Conflict of Interest & Risk Disclosure.

Link to article:

https://news.financial/comments/ams-triumph-gold-varta-yamana-gold-what-investors-need-to-know-now

#TriumphGoldCorp $TIG $TIGCF #President Tony Barresi “We are positioning ourselves as a takeout target”

Triumph Gold – “We are positioning ourselves as a takeout target”

https://youtu.be/t9p3CCsxdGA

Triumph Gold Corp. (TSXV:TIG, OTC:TIGCF) President & Director Tony Barresi joined the Investing News Network at #PDAC2020 conference to discuss the progress his company has made exploring its properties in the Dawson Range, #Yukon. #gold

Barresi believes the action in the price of gold recently has created increased interest in the resource space, especially for those seeking a safe haven in an asset like gold. “It was good timing for us to be able to release some new results. We have a flagship property in Yukon, the Freegold Mountain property. We’ve been having some incredible success over the last three years with drilling that property. While we’ve been doing the drill program, we’ve been advancing a bunch of other pipeline projects as well. The property itself is district in scale, it’s 200 square kilometers, 34 kilometers from end to end. We’ve had some great results and that’s what we released today.”

On March 3rd Triumph Gold released results from rock sampling and trenching at one of their pipeline projects, the Irene-Goldstar epithermal gold-silver corridor, with samples grading up to 93.8 g/t gold and 1108 g/t silver. The mineralized corridor has a 3.7-kilometre-long strike-length, that has been defined with historical drilling over 450 meters at the top of Freegold Mountain, and over a similar length two kilometres away in a gold-rich placer creek at the bottom of the mountain. There, in 2017, “we drilled over a 450-meter section and got multi-gram gold over multiple meters in every hole,” said Barresi.  

Until 2019 a two-kilometre-long area between the drill-tested areas, had not been sampled due to heavy vegetation and overburden. Then in 2019 “we went along the top of the mountain to the edge of what had previously been explored and dug trenches over an additional 600 meters. Again, we ended up with multi-gram gold over multiple meters in those trenches. We ended up with a sample that was 96 grams gold and over 1100 grams silver along with a whole bunch of other multi-gram gold samples” noted Barresi. Moving forward, Triumph Gold intends to follow up on the success of the 2018 and 2019 exploration seasons on the Freegold Mountain property.

“We’re looking at doing another season of very aggressive drilling, probably thousands of meters,” said Barresi. “We’re following up on the discoveries that we made in the Revenue-Nucleus area. Revenue and Nucleus are two pre-existing resources on our property, they amount to about 2 million gold equivalent ounces.”

Over the past few years the company has conducted extensive drilling within a six-kilometre-long area that surrounds the resources, discovering new high-grade, gold-rich porphyry copper-gold related mineralization.”

#Triumphgoldcorp $TIG $TIGCF at the Potential Break out Point

#triumphgoldcorp $TIG $TIGCF

Triumph Gold Corp.​ at the Potential Break Out Point

Andrew O’Donnell @ChargingStocks #superchargedstocks

Click this link for the article:  https://www.superchargedstocks.com/post/triumph-at-the-potential-break-out-point

#gold #copper #miningexploration #investing #mining #porphyry #yukon

#TriumphGoldCorp $TIG $TIGCF VP #Exploration Tony Barresi #Interview with #NewtonInterviews

Tony Barresi provides a great overview of Triumph Gold’s assets, infrastructure (government maintained road throughout property), largest shareholder (Newmont Goldcorp) and exploration program and potential for 2019 (drilling deepest hole drilled in Yukon into Yukon’s richest porphry). Very interesting information!

https://ceo.ca/@Newton/tony-baressi-tig-2019-06-newtoninterviews

www.triumphgoldcorp.com

9 Reasons #Mining #Investors are Looking at #Yukon Companies

triumphgoldcorp $TiG $TIGCF – 9 Reasons Mining investors are Looking at yukon Companies – gold copper miningexploration porphyry exploration drilling geology

9 Reasons Mining Investors are Looking at Yukon Companies

www.triumphgoldcorp.com

#TruimphGoldCorp $TIG $TIGCF Commences a Landmark #Drill #Program on the Freegold Mountain Property #Yukon Testing Beneath the #Gold Rich Blue Sky #Porphyry and WAu #Breccia

Triumph Gold $TIG $TIGCF announced that a powerful drill capable of reaching depths of 2,000 metres has been mobilized onto the company’s 100% owned, road accessible, Freegold Mountain Property in the Yukon Territory. Phase I drilling will comprise a minimum of 5,000 metres in five holes that target high grade, gold rich, copper gold porphyry style mineralization intersected during the 2018 drill program.

Highlights of the program include:

  • Testing the down dip extension of high grade, gold rich, porphyry style mineralization in the Blue Sky Zone to a depth of approximately 1,600 metres.
  • Testing the down dip extension of high grade, gold rich, breccia style mineralization and surrounding porphyry mineralization at the WAu Breccia to a depth of approximately 1,000 metres.
  • Testing a 2.8 kilometre long, intense chargeability anomaly (Big Red), which underlies the core of a six kilometre long multi-element soil anomaly that delineates a porphyry related hydrothermal system and encompasses the Nucleus, Revenue, Blue Sky and related zones. A 1,000 metre deep drill hole collared approximately two kilometres west of the Blue Sky Zone is planned to test this anomaly.

The target of Phase I drilling is a buried copper gold porphyry that has not been previously tested by drilling. Interpretation of integrated geophysical data from induced polarization (IP), magnetotelluric (MT) and magnetic surveys suggests that a deep porphyry target, over 400 metres below the Revenue and Nucleus gold and copper deposits, cores a six kilometre long coincident geophysical and multi-element soil anomaly. Geology and isotopic age dating indicate that a Late Cretaceous, gold rich, porphyry related mineralizing event generated the near surface Nucleus, Blue Sky, WAu Breccia, Keirsten, Revenue West, Granger and Guder zones. However, since only relatively small porphyry dykes of that age are associated with these zones, a larger causative porphyry intrusion may be buried beneath the current depth of drilling along the six kilometre long mineralized area. In most porphyry deposits the highest grade, most voluminous and continuous mineralization is contained near the interface between the causative intrusion and surrounding rock; that is the area being targeted by the Phase I drill campaign.

Drilling will be focused in three areas: The Blue Sky Zone, the WAu Breccia, and Revenue West.  The Blue Sky Zone and WAu Breccia represent areas where high grade mineralization is hosted in broken and altered Middle Cretaceous granite. Triumph’s geologists believe that these mineralized zones, which have regular and predictable geometry, are the best vectors into the causative intrusion that lies beneath.  Drilling at Revenue West will test a 500 metre deep chargeability anomaly that coincides with the proposed location of the mineralized zone at the interface with the causative intrusion.

Combined, the three target areas test across an approximately two kilometre strike length, and beneath mineralization that generated high grade, gold and copper intersections, including the Blue Sky Porphyry, which produced some of the highest grade greenfield exploration, porphyry related intersections globally in 2018.

Abbreviated highlights of historical results from the Blue Sky Porphyry, and WAu Breccia are listed in Table 1.  Full results are documented in PR18-07 dated July 31, 2018 and PR18-09 dated September 12, 2018. For more detailed information about the six kilometre long target area, the Blue Sky Porphyry, WAu Breccia and Big Red, see Triumph Gold’s Corporate Presentation.

 Table 1. Abbreviated Highlights of Historical Drilling at Blue Sky Porphyry and WAu Breccia;

Drill hole Length (metre) Gold (g/t) Silver (g/t) Copper (%) Mo (%)
Blue Sky Porphyry
RVD18-19 316.00 1.10 5.0 0.270 0.020
Including 79.75 2.48 6.9 0.378 0.017
RVD18-17 125.13 1.24 7.0 0.310 0.010
RVD18-16 94.50 1.53 5.8 0.279 0.013
WAu Breccia
RVD11-19 76.34 1.40 9.2 0.210 0.032
RVD11-28 41.95 0.86 10.3 0.360 0.120
RVD17-12 40.00 1.18 8.3 0.240 0.130
RVD18-11 43.02 0.81 6.0 0.329 0.009

g/t = gram/tonne

Triumph Gold’s Executive Chairman John Anderson comments, “With the technical data to back up this amazing exploration story, Triumph is swinging for the fences this year.  The upside for our investors is the possible discovery of a previously untested buried copper gold porphyry system that by all indications could be world class in size and grade.”

#TriumphGoldCorp VP of #Exploration, Tony Barresi, Interviewed by #FTMInvest

FTMIG Interview with Tony Barresi VP exploration. Talks about drilling deepest hole in Yukon in richest porphyry in Yukon. gold copper yukon miningexploration porphyry investing $TIG $TIGCF

#TriumphGoldCorp $TIG $TIGCF Announces #PrivatePlacement

Triumph Gold Corp. (TSXV: TIG) (OTCMKTS: TIGCF) is pleased to announce its intention to complete a non-brokered private placement (the “Offering”) of up to 17,000,000 units (the “Units”) at a price of CDN$0.35 per Unit for gross proceeds of up to CDN$5,950,000. Each Unit will consist of one common share in the capital of the Company (a “Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each whole Warrant will be exercisable to acquire one Share at an exercise price of CDN$0.60 per Share for a period of 24 months from the date of issuance.

The Offering is available to investors in reliance on certain prospectus exemptions including to existing shareholders of the Company (the “Existing Security Holder Exemption”) and to investors who have received investment advice (the “Investment Dealer Exemption”). The Existing Security Holder Exemption is available in each of the provinces and territories of Canada to a person or company who became a shareholder of the Company on or before April 9, 2019 (the “Record Date”). To rely upon the Existing Security Holder Exemption, the shareholder must: (a) have been a shareholder of the Company on the Record Date and continue to hold shares of the Company until the date of closing of the Offering, (b) be purchasing the Shares as a principal and for their own account and not for any other party, and (c) not subscribe for more than CDN$15,000 of securities from the Company in any 12-month period unless the shareholder has obtained advice regarding the suitability of the investment from a person registered as an investment dealer in the shareholder’s jurisdiction.

The Investment Dealer Exemption is available in each of Alberta, British Columbia, Saskatchewan, Manitoba and New Brunswick to a person or company who has obtained advice regarding the suitability of the investment from a person registered as an investment dealer in such person’s or company’s jurisdiction. As required by the Existing Security Holder Exemption and Investment Dealer Exemption, the Company confirms there is no material fact or material change relating to the Company that has not been generally disclosed.

There is no minimum Offering size and the maximum offering is 17,000,000 Units for gross proceeds of CDN$5,950,000. Assuming the Offering is fully subscribed, the Company plans to allocate the gross proceeds of the Offering to: (i) exploration on its Freegold Mountain project (CDN$5,000,000) and (ii) general working capital (CDN$1,000,000).

If the Offering is not fully subscribed, the Company will apply the proceeds to the above uses in priority and in such proportions as the Board of Directors and management of the Company determine is in the best interests of the Company. Although the Company intends to use the proceeds of the Offering as described above, the actual allocation of proceeds may vary from the uses set out above depending on future operations, events or opportunities.

If the Offering is oversubscribed, unless the Company determines to increase the maximum gross proceeds of the Offering and receives approval from the TSX Venture Exchange for such increase, the Company will allocate the Units issued under the Offering to those subscribers whose subscriptions were first received by the Company. A subscription will be deemed to be received when a completed subscription agreement together with payment of the subscription amount has been received by the Company.

Certain insiders of the Company may acquire Units in the Offering. Any participation by insiders in the Offering would constitute a “related party transaction” as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). However, the Company expects such participation would be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, would exceed 25% of the Company’s market capitalization.

The Company may pay finder’s fees on a portion of the Offering, subject to compliance with the policies of the TSX Venture Exchange and applicable securities legislation.

Closing of the Offering is subject to approval of the TSX Venture Exchange.

The securities issued under the Offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. Additional resale restrictions and legends may apply in the United States and other jurisdictions.

About Triumph Gold Corp.

Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company.  Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com