#PistolBayMining $PST Plans 2018 #Drilling #Program in Confederation Lake

Pistol Bay (TSX.V-PST) announced that it plans to commence a 2018 drilling program on it’s Confederation Lake greenstone belt in the very near future.

Charles Desjardins, President and CEO of Pistol Bay, commented, “After the company’s very encouraging VTEM plus survey in 2017, we are excited to commence the next stage of development of Confederation Lake volcanic massive sulphide belt.”

Three drill holes of at least 500 metres each are planned to further test the Arrow Zone, and to retrieve core for preliminary metallurgical testing.  The Arrow Zone was the subject of a 43-101 report in 2017 that presented an inferred mineral resource of 2,100,000 tonnes grading 5.78% zinc, 0.72% copper, 0.60 grams per tonne (g/t) gold and 19.5 g/t silver. (8.42% zinc eq.)

Additionally, the Company plans to survey the older drill holes on the Arrow Zone, which were drilled by Noranda in 1997 and 1998, using a gyro or similar method, to accurately determine hole deviation.  Collars of all holes on the Arrow zone will be surveyed by differential GPS to determine their precise location and the initial azimuth.  These new and precise measurements will allow more precise positioning of drill intercepts and will ultimately lead to a higher level of confidence in the mineral resource.

Approximately 10 diamond drill holes totaling approximately 2,000 metres will test the Fredart “A” zone (also referred to as the Copperlode “A” zone).  A historical resource estimate made in 1971 for the Fredart “A” zone, based on diamond drilling in the 1960s, was 386,000 tonnes grading 1.56% copper and 33.6 g/t silver, or alternatively 219,500 tonnes at 1.95% copper and 41.8 g/t silver.  Neither of these estimates conforms to any class of mineral resource or mineral reserve defined by the 2014 CIM guidelines.

Although the first five holes in 1965 were assayed for gold with results up to 1.2 g/t Au, the remaining 76 holes were not assayed for gold.  Four of the highest grade and widest drill intercepts on the Fredart “A” zone were:

DDH 65-03: 1.83 metres @ 5.24% Cu and 170.45 g/t Ag

DDH 66-11: 6.61 metres @ 3.37% Cu and 159.52 g/t Ag

DDH 66-15: 17.53 metres @ 2.54% Cu and 45.72 g/t Ag

DDH 66-18: 46.21 metres @ 1.18% Cu and 51.11 g/t Ag

Intersection lengths are core lengths; true widths are not known.  Sampling, assaying, security and QC protocols are unknown.

Technical information in this news release was reviewed by Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined in National Instrument 43-101.

@EllisMartinRprt #TriumphGoldCorp TSXV$TIG $TIGCF #Interview with Chairman, John Anderson #Gold #Copper #Yukon

Ellis Martin interview with Chairman of Triumph Gold Corp, TSXV$TIG $TIGCF, John Anderson:

#Gold #Copper #Yukon


#dynaCERT $DYA $DYFSF #Appoints Colonel Yalon Farhi as #Director, Provides #Corporate Update Including #Equity #Financing and #Note #Redemption

dynaCERT TSX.V-DYA OTCQB-DYFSF announced the appointment of Colonel Yalon Farhi to its Board of Directors. Colonel Farhi is a colonel in the Israeli Defense Forces (reserves), serving since 1998. Colonel Farhi has been a member of the MicroVision, Inc. (NASDAQ: MVIS) board of directors since September 2016 and is also a director at DarioHealth Corp. (NASDAQ: DRIO). Colonel Farhi received a degree in Education Studies and holds a Teaching Certificate from the Moreshet Yaacov College in Jerusalem. Colonel Farhi serves as a private security consultant to several security companies in Israel.

Mr. Wayne Hoffman, Chairman of dynaCERT, said, “Colonel Farhi will bring new perspectives and insights to the dynaCERT board based on his broad, international experience. We look forward to having his voice and market counsel as we progress dynaCERT’s Carbon Emission Reduction Technology and look to apply dynaCERT’s HydraGEN™ products to emerging global environmental markets such as diesel-powered military equipment and related transportation vehicles.”

“I am pleased to be joining the dynaCERT board at this pivotal time in the company’s history. The Company’s technology, the breadth of its patent portfolio and its potential to enable multiple applications is impressive,” said Colonel Farhi. “I look forward to sharing my experience with management and my fellow board members to assist the Company with the execution of its business plan.”

New Strategic Dealer for Israel and Brazil

 dynaCERT is pleased to announce the appointment of Farhi Holdings Corporation of London, Ontario (“Farhi”) as a strategic dealer for the countries of Israel and Brazil. Farhi is introducing the use of dynaCERT’s HydraGEN™ Technology onto many different diesel-powered vehicles and machinery as are used across numerous industries, including peacekeeping purposes.


Invitation to accompany the Prime Minister to India

dynaCERT has received an invitation to accompany Prime Minister Justin Trudeau on his upcoming trade mission to India in February 2018.  The Company will use this opportunity to further discussions with many of the All India Motor Transport Congress executives met during dynaCERT’s 2017 India Congress held in Toronto in November 2017. During the multi-city tour with the PM, it is expected that additional business introductions will be made that are expected to result in furthering the understanding and economic advantages of our Carbon Emission Reduction Technology.

Equity Financing and Note Redemption

dynaCERT is pleased to announce the offering of up to 7,142,857 units (each a “Unit”) at a price of $0.42 per Unit for aggregate gross proceeds of up to $3,000,000 (the “Financing”).  Each Unit will be comprised of one common share of dynaCERT (a “Common Share”) and one-half of one common share purchase warrant.  Each whole warrant (a “Warrant”) will entitle the holder to acquire one additional Common Share at a price of $0.50 for a period of twelve months, provided however that in the event that the Company’s Common Shares trade at a price above $1.00 per Common Share on the TSX Venture Exchange for twenty (20) consecutive trading days, dynaCERT shall have the right to give notice to holders that the Warrants shall expire within thirty (30) days of such notice.

The Company has received subscriptions for an aggregate of $1,210,000.00 of Units to date, with $210,000.00 being received from a director of the Company.   The Financing is expected to be completed in multiple tranches, with the first closing expected to be completed promptly following receipt of TSX Venture Exchange approval.

In addition, the Company is pleased to announce that it has entered into agreements with the holders of its convertible notes (aggregate principal amount of $1,260,000) that were issued in November 2017, whereby the holders of the convertible notes have agreed to the redemption thereof, with all amounts thereunder being repaid in full via the issuance of Units on identical terms as those that are to be issued under the Financing.  Accordingly, the Notes are expected to be redeemed for an aggregate amount of $1,281,288.12 (representing the principal amount owing, together with all interest amounts accrued thereunder), with the redemption amount being settled via the issuance of an aggregate of 3,050,686 Units to the holders of the notes.

The foregoing transactions are subject to the review and approval of the TSX Venture Exchange.  All of the Common Shares and Warrants that are to be issued in connection with the Financing and the redemption of notes will be subject to statutory four-month hold periods.

Jim Payne, CEO of dynaCERT, states: “dynaCERT is optimistic that 2018 will be the year where dynaCERT begins to expand sales into new diesel engine markets as more governments worldwide continue to recognize the need for direct Carbon Emission Reduction Technologies. With the retirement of all long-term debt, this financial strength will permit us to continue our planned global growth strategy into target markets not yet served by our HydraGEN™ products.”


dynaCERT Inc. also announces that a total of 4,475,000 options were granted today to its directors, officers and consultants. Of this number, 2,925,000 stock options were granted to Directors and Officers to acquire common shares in the capital of dynaCERT (each, an “Option”) and 50,000 were granted to a consultant in respect of investor relations activities (with such options vesting quarterly over a period of one year).  All options (other than IR options) vest immediately and all entitle the holder to purchase one common share of the Corporation at a price of $ 0.50, each being exercisable on or before January 31, 2023.


#TriumphGoldCorp TSXV$TIG $TIGCF #Discovery of Two New #Gold Showings on 100% Owned Andalusite Peak #Property, #BritishColumbia

Triumph Gold reports results of prospecting and geological mapping on the Andalusite Peak property. Highlights of exploration include:

  • Discovery of two new gold-silver-copper occurrences, the Julep and the Gentleman vein:
      • The Julep showing consists of a feldspar porphyritic mafic intrusion with disseminated clots and veins of tetrahedrite, chalcocite and secondary malachite and azurite.  It was grab sampled in two locations 21 metres apart.  Sample E446453 graded 1.18 grams/tonne (g/t) Au, 11.2 g/t Ag and 1.135% Cu, sample E446454 graded 21.1 g/t Ag and 2.72% Cu. The size and geometry of the showing was not fully mapped, and it remains open.
      • The Gentleman vein consists of an up to 20 cm thick chalcopyrite rich quartz-carbonate-magnetite-sulfide vein, with strongly altered and mineralized selvages.  The vein was grab sampled in two locations 17 metres apart: Sample I044403 graded 1.84 g/t Au, 17.3 g/t Ag and 2.25% Cu, Sample E446455 graded 0.459 g/t Au, 2.4 g/t Ag and 0.163% Cu.  The vein was identified where it crosses a mountain-top saddle.  It remains open to the northwest and southeast.
  • Alteration mapping, aided by the collection and analysis of 67 near-infrared reflectance (TerraSpec) samples, verified that the property has been affected by intense phyllic to advanced argillic alteration over an approximately 2 X 2 km area, constituting one of the largest and most intense alteration zones in northern British Columbia.

go to: www.triumphgoldcorp.com for complete news release

#TriumphGoldCorp TSXV$TIG $TIGCF to #Exhibit at #AME2018 #RoundUp #Core #Shack

Triumph Gold TSX.V-TIG OTCMKTS: $TIGCF will be exhibiting at the AME BC Roundup Core Shack on Wednesday, January 24 and Thursday, January 25. The conference is being held at the Vancouver Trade and Convention Centre West, 1055 Canada Place, Vancouver, BC.

Triumph Gold will be displaying drill core from its 2017 Freegold Mountain project, Yukon at booth number 816.

#TriumphGoldCorp TSXV$TIG $TIGCF Reports #Results from #Drilling at Nucleus #Gold #Silver #Copper #Deposit #Yukon

  • Results from 4,685 metres of diamond drilling in sixteen holes targeting the Nucleus Au-Ag-Cu deposit area:
  • Three high-grade gold intersections:
  • 5 g/t Au over 1.5 metres in N17-02 (174.50 – 176.00m).
  • 35 g/t Au and 7.3 g/t Ag over 1.44 metres in N17-07 (132.46 – 133.90m)
  • 2 g/t Au over 1.1 metres in N17-12 (111.00 – 112.10m)
  • Six infill drill holes tested underexplored portions of the Nucleus resource area where there are significant gaps in the current resource block-model. Each intersected zones of gold mineralization with grades that exceed the deposit average (0.544 g/t Au at a 0.3 g/t AuEq* cutoff), including:
    • 9 meters of 1.545 g/t Au in N17-02 (173.1 – 195.00m)
    • 14 meters of 0.799 g/t Au and 0.137% Cu in N17-03 (47.86 – 90.00m)
    • 14 meters of 2.696 g/t Au in N17-07 (126.86 – 138.00m)
    • 73 meters of 1.797 g/t Au in N17-12 (99.00 – 116.73m)
    • 00 metres of 0.701 g/t Au also in N17-12 (212.00 – 242.00m)
  • Five step-out drill holes that tested for extensions of Nucleus mineralization to the north, south and east of the current resource area intersected zones of gold mineralization that exceed the 0.3 g/t AuEq* cutoff grade of the deposit including:
    • 00 metres of 1.005 g/t Au in N17-01 (165.00-177.00m)
    • 20 metres of 0.485 g/t Au and 0.185% Cu in N17-06A (66.80 – 96.00m)
  • N17-10, which tested a previously undrilled 1.0 X 0.7 kilometre chargeability anomaly that lies north of the current Nucleus resource, bottomed in mineralization:
    • 53 metres of 0.513 g/t Au (453.00 – 474.53m) including 9.53 metres of 1.089 g/t Au (465.00 – 474.53m).
  • Paul Reynolds, Triumph Gold Corp.’s President and CEO, comments: “Drilling at Nucleus in 2017 established the potential for increasing the size and grade of the Nucleus resource through infill and step out drilling. Every hole that was drilled within the resource shell intersected broad zones of gold mineralization with grades that exceed the deposit average. In addition, six new drill holes in the underexplored southern portion of the resource demonstrated remarkable continuity of previously poorly understood gold-bearing structures, which we now feel confident and excited, to drill in broad step outs beyond the current resource shell.”

go to: www.triumphgoldcorp.com for full news release

#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

#TriumphGoldCorp TSXV$TIG $TIGCF #Discovery of High-Grade #Gold in Least-Explored Portion of the Revenue #Deposit Including a 7-metre Interval Grading 15.0 g/t #Gold

Summary of November 15, 2017 Press Release for #TriumphGoldCorp:

Triumph Gold Announces Discovery of High-Grade Gold in Least-Explored Portion of the Revenue Deposit Including a 7-metre Interval Grading 15.0 grams/tonne Gold

  • Exploration drilling in an underexplored portion of the Revenue soil anomaly intersected high-grade gold mineralization in granite south of the Revenue diatreme.
    • Visible gold over a 5-metre interval (129 – 134 m).
    • Contained within a 7-metre interval (129 – 136 m) of gold-silver-copper mineralization with a length*** weighted grade of 15.0 grams/tonne (g/t) gold (see below).
    • Including a 1-metre interval (129 – 130 m), re-assayed three times, grading between 45.0 and 81.3 g/t gold.
    • The 1.2 X 0.5 km soil anomaly between Whirlwind Pup and Revenue Creek has seen less drilling that any other area near the Revenue diatreme. Limited historical exploration documented significant concentrations of gold in the Klaus and Guder zones, including:
      • Trench samples in the Klaus Zone grading up to 32.98 g/t Au over 20 cm; 14.3 g/t over 1 m, and 3.67 g/t over 1 m;
      • Trench samples in the Guder Zone grading up to 20.24 g/t Au over 6.1m.
    • Other Notable Intersections in RVD17-14
      • In addition to the high-grade gold intersection in RVD17-14 there were also two other notable mineralized intervals:
  • 79 m of 0.46 g/t AuEq in rocks and polyphase porphyry veining and potassic alteration at the contract between granite country rock and the Revenue diatreme.
  • 6 m of 0.73 g/t AuEq in sulfide-matrix hydrothermal breccia within the Revenue diatreme.
  • Paul Reynolds, Triumph Gold’s President and CEO comments “We have only just begun to explore this highly prospective area, which hasn’t been drilled since 1984, and with our very first hole we intersected the highest-grade gold ever found at Revenue. The discovery of coarse gold in RVD17-14 is especially compelling because of its location in the headwaters of Revenue Creek, one of the Dawson Range’s most renowned placer creeks.

See: www.triumphgoldcorp.com for complete press release


@TriumphGoldCorp TSXV$TIG $NFRGF Announces #Drill #Results Demonstrating #Porphyry #Mineralization Over 2.85 km Strike Length, including 57m of 1.01 g/t #Gold and 0.285% #Copper in RVD17-13, and #Discovery of a New #Gold Showing

Triumph Gold LogoTriumph Gold Corp. TSXV$TIG $NFRGF announced that prospecting and step out drilling to the east and west of the Revenue diatreme have been rewarded with significant new discoveries including:

  1. High-grade gold-rich porphyry mineralization in multiple drill holes in the Blue Sky Zone (Figure 1, Table 1, Table 2), east of the Revenue diatreme, including identification of visible gold in RVD17-01, and 57m of 1.72 grams/tonne (g/t) AuEq* at 1.08 g/t gold and 0.285% copper in RVD17-13.
  2. A corridor of high-grade, gold-rich, porphyry style mineralization over a strike length of 450m (including RVD1-13, previous bullet point) that extends from the eastern edge of the Revenue diatreme northeast into the Blue Sky Zone. Mineralization is open to depth and to the northeast where it appears to increase in grade.
  3. Identification of a robust porphyry related hydrothermal system responsible for dense stockwork veining, phyllic and potassic alteration and copper-gold mineralization from surface to 603m depth in a single drill hole collared 1.4 km west of the Revenue diatreme in the Keirsten Zone.
  4. Discovery of a new gold showing (Happy Creek showing) on the far eastern side of the Revenue/Nucleus 5.5 X 2.0 km soil/geophysical anomaly, 400m east of any historical drilling and over 1 km east of the Revenue diatreme.  The showing is defined with surface grab samples that grade up to 5.77 g/t gold and a 236m drill intersection with a length*** weighted average gold grade of    0.238 g/t.

Triumph Gold completed 12,904m of diamond drilling in 35 holes during 2017.  Results from 17 holes totalling 7,632m have been released to date.  The remaining results will be released in the coming weeks.

 Table 1: Location and Orientation of 2017 Diamond Drill Holes Testing the Blue Sky and Keirsten Zones

Hole # Easting** Northing** Azimuth Inclination Depth (m)
RVD17-01 383110 6913099 028 -60 508.71
RVD17-02 383107 6913092 208 -60 490.73
RVD17-03 383286 6913321 198 -70 505.66
RVD17-06 383311 6912718 180 -50 367.28
RVD17-07 383551 6912845 180 -60 484.63
RVD17-09 383902 6912633 204 -50 420.03
RVD17-11 383259 6912085 270 -60 483.11
RVD17-13 383282 6913319 014 -65 452.63
KZ17-01 380483 6913717 000 -70 603.50

 Motivation for Step Out Drilling

A primary objective of the 2017 drill program near Revenue was to demonstrate through systematic step outs that the Revenue diatreme is part of a larger porphyry system.  The idea was tested with drilling at the Blue Sky and Keirsten Zones which extend approximately 1 km to the east and west of the Revenue diatreme, respectively (Figure 1).  The motivation for the broad expansion of the exploration target at Revenue was identification of porphyry style high-grade copper-gold-silver and molybdenum mineralization that predates diatreme emplacement, in drill holes adjacent to the Revenue diatreme (noted below and Figure 1).

  • RVD11-019: 70.48m (179.25 – 249.73m) 1.489 g/t Au, 0.219% Cu
  • RVD11-022: 55.45m (86.75 – 142.20m) 0.418 g/t Au, 0.191% Cu
  • RVD11-028: 162.36m (84.79 – 247.15m) 0.446 g/t Au, 0.218% Cu, 0.085% Mo.

While the diatreme is recognized as an exploration target itself, the possibility that it is surrounded by a porphyry with significant gold and copper grades remained largely untested until the 2017 drill program.

Porphyry Mineralization in the Blue Sky Zone

The Blue Sky Zone encompasses a multi-element soil anomaly that extends up to 1.5 km east of the Revenue diatreme (Figure 1).  Relogging of core from RVD11-019, 022 and 028 in 2016 identified two stages of mineralization, including an early stage of classic porphyry related stockwork veining with potassic alteration with good gold-copper-molybdenum grades (see above). Step out drilling in 2017 was designed to test for eastward extensions of that mineralization within the Blue Sky Zone soil anomaly.  Three drill holes that tested the Blue Sky Zone intersected significant porphyry style mineralization (Figure 1, Table 1, 2).

  • RVD17-013 was collared 350 metres northeast of drill holes RVD11-019, 22 and 28, and intersected 119m of copper-molybdenum-gold-silver porphyry style mineralization grading 0.60% CuEq*, with a 57m thick high-grade, gold-rich core grading 1.09% CuEq* at 1.083 g/t gold and 0.285% copper (Table 2).
  • RVD17-01 was collared 100 metres east of drill holes RVD11-19, 22 and 28 and intersected 148.58m of copper-molybdenum-gold-silver porphyry style mineralization. Average grades within the intersection include 39.58m of 0.40% CuEq* and 94.38m of 0.48% CuEq* (Table 2).
  • RVD17-03 was drilled from the same setup as RVD17-13 but in the opposite direction. It is interpreted to have just skimmed the edge of the mineralized zone, intersecting multiple short domains of porphyry style mineralization and alteration including 18.60m of 0.423 g/t gold and 0.105% copper (Table 2, 4).

Together with results from RVD17-12 (PR#17-12, October 19, 2017: 245m of 0.37 CuEq* with a 58.65 metre high-grade core grading 0.971 g/t Au and 0.218% Cu), and historical drill holes RVD11-19, 22 and 28, a corridor of high-grade, gold-rich, porphyry style mineralization is now demonstrated over a strike length of 450m. The geometry of the mineralized zone is not well understood, but at minimum it is open at depth and to the northeast where, based on results from RVD17-13, it appears to be increasing in grade.

Table 2: Length*** Weighted Drill Intercepts – Highlights from 2017 drilling of porphyry related mineralization in the Blue Sky Zone

Hole # From




Length*** (m) Au (g/t) Ag (g/t) Cu


Mo (%) AuEq* (g/t) CuEq* (%)
RVD17-01 315.42 355.00 39.58 0.402 1.7 0.097 0.013 0.64 0.40
Including 315.42 317.00 1.58 5.750 0.7 0.041 n/a 5.82 3.68
And 369.62 464.00 94.38 0.337 3.9 0.169 0.022 0.76 0.48
RVD17-03 214.40 233.00 18.60 0.423 2.3 0.105 0.007 0.65 0.41
RVD17-13 88.00 207.00 119.00 0.614 3.4 0.154 0.010 0.95 0.60
Including 112.00 169.00 57.00 1.083 6.6 0.285 0.020 1.72 1.09
Including 121.00 155.00 34.00 1.605 9.2 0.388 0.019 2.44 1.54

Porphyry Mineralization in the Keirsten Zone

The Keirsten Zone is a newly identified target area within the roughly 5.5 X 2.0 km soil and geophysical anomaly that encompasses the Revenue and Nucleus areas (Figure 1). The area was targeted for exploration in 2017 to test an intense chargeability and resistivity high at depth. KZ17-01 was drilled near the center of the chargeability high. The top 193 metres of bedrock are phyllic altered quartz-feldspar porphyry, with textures identical to the dykes that are responsible for high-grade gold mineralization at the Nucleus deposit 1 km to the west.  Beneath the quartz-feldspar-porphyry, to the end of hole at 603.50 metres, strongly veined and altered granite with complex overprinting propylitic, phyllic and potassic alteration assemblages was intersected. The granite is identical in texture and composition to granite in RVD17-12 and RVD17-13 up to 2.85 km to the east, and despite the lower grades of copper and gold in KZ17-01 (Table 4) compared to RVD17-12 and RVD17-13, the stockwork veining is more intense. It is of particular note in KZ17-01 that mineralization extends from the bedrock surface to the bottom of the hole at 603.50m depth.  This is indicative of a large mineralized system, yet the Keirsten Zone is virtually unexplored in every direction.  Encouraging results from surface samples collected from a new drill road within the zone are suggestive of nearby higher grade gold-rich domains (Table 3).

Table 3: Surface grab samples with significant Gold from the Keirsten Zone

Sample Easting** Northing** Au (g/t) Agg/t)
E446471 380465 6914172 0.423 2.2
E446474 380551 6914393 1.025 14.0
E446476 380609 6914511 0.461 2.1

Tony Barresi, Triumph’s VP Exploration, comments: “Geological results from drilling in the Keirsten Zone are encouraging. While the copper and gold grades in KZ17-01 are low, the continuity of mineralization and alteration and intensity of the veining are suggestive of a large and vigorous hydrothermal system that we are eager to continue to explore in 2018.”

Table 4: Length*** Weighted Drill Intercepts – Table of Significant results (See below for RVD17-09) – Mo only reported where composite average is > 15ppm

Hole # From




Length***(m) Au (g/t) Ag (g/t) Cu


Mo (%) AuEq* (g/t) CuEq* (%)
RVD17-01 97.00 99.00 2.00 1.475 8.8 0.362 0.002 2.18 1.37
And 315.42 355.00 39.58 0.402 1.7 0.097 0.013 0.64 0.40
Including 315.42 317.00 1.58 5.750 0.7 0.041 5.82 3.68
And 369.62 464.00 94.38 0.337 3.9 0.169 0.022 0.76 0.48
RVD17-02 87.29 89.00 1.71 1.055 0.4 0.023 1.10 0.69
And 110.00 112.00 2.00 0.704 0.4 0.020 0.74 0.47
RVD17-03 28.00 30.00 2.00 1.225 4.7 0.181 1.58 1.00
And 78.00 80.00 2.00 1.130 2.6 0.129 0.003 1.38 0.87
And 162.00 174.31 12.31 0.275 2.3 0.134 0.53 0.33
And 214.40 233.00 18.60 0.423 2.3 0.105 0.007 0.65 0.41
Including 216.50 220.50 4.00 0.981 3.7 0.149 0.016 1.34 0.85
And 242.98 250.14 7.16 0.257 2.4 0.128 0.007 0.53 0.33
And 312.00 313.00 1.00 4.270 1.7 0.251 4.69 2.96
RVD17-06 No Significant Results
RVD17-07 5.00 7.00 2.00 0.748 0.2 0.019 0.78 0.49
And 13.00 15.00 2.00 0.932 0.4 0.024 0.98 0.62
And 148.00 150.00 2.00 0.813 0.5 0.029 0.87 0.55
And 367.00 397.00 30.00 0.086 1.0 0.062 0.20 0.13
RVD17-11 17.00 18.00 1.00 0.514 48.40 1.110 2.92 1.84
And 221.00 222.00 1.00 2.820 1.5 0.119 3.04 1.92
RVD17-13 88.00 207.00 119.00 0.614 3.4 0.154 0.010 0.95 0.60
Including 112.00 169.00 57.00 1.083 6.6 0.285 0.020 1.72 1.09
Including 121.00 155.00 34.00 1.605 9.2 0.388 0.019 2.44 1.54
And 260.00 268.00 8.00 0.742 0.6 0.027 0.021 0.90 0.57
And 390.00 392.00 2.00 1.990 1.0 0.034 2.06 1.30
KZ17-01 50.34 603.50 553.16 0.071 0.3 0.023 0.11 0.07
Including 276.00 277.50 1.50 3.710 0.6 0.023 0.004 3.78 2.39
Including 343.00 363.00 20.00 0.173 0.6 0.059 0.002 0.29 0.18

Discovery of New Gold Showing – The Happy Creek Showing

A new zone of gold mineralization was discovered during reconnaissance prospecting and drilling within the Blue Sky Zone soil anomaly.  RVD17-09, which represents a 1.1 km eastward step out into the Blue Sky Zone (Figure 1), intersected a broad zone of gold mineralization associated with a swarm of aplite, pegmatite and lesser quartz-feldspar-porphyry dykes.  The upper 29 metres of core in RVD17-09 is strongly fractured and oxidized and grades 0.510 g/t gold; it is contained within a 269m intersection of 0.238 g/t gold, with ten longer than 1-meter samples grading over 1 g/t gold (Table 5).  Two surface grab samples of bull quartz collected from regolith returned gold grades of 5.77 and 3.76 g/t (Table 6).  The location of the Happy Creek showing, and the collar of RVD17-09 represents the farthest step out east of the Revenue diatreme to date.  The showing is 1.1 km east of the Revenue diatreme and 400 metres east of any other drill holes.  It is the only drill hole that has ever tested the Happy Creek drainage and mineralization is considered open in every direction.

Table 5: Length*** Weighted Drill Intercepts – Happy Creek Showing

Hole #   From (m) To  (m) Length*** (m) Au (g/t)
RVD17-09 21.00 290.00 269.00 0.238
Including 21.00 50.00 29.00 0.510
Including 35.00 37.00 2.00 1.180
Including 48.00 50.00 2.00 1.380
Including 82.00 83.50 1.50 1.035
Including 95.00 97.00 2.00 1.435
Including 105.00 106.50 1.50 3.720
Including 172.78 174.00 1.22 1.530
Including 208.00 210.00 2.00 1.170
Including 234.00 262.00 28.00 0.341
Including 248.00 250.00 2.00 1.175
Including 286.00 288.00 2.00 1.035
And 387.16 389.00 1.84 3.140

Table 6: Surface grab samples from the Happy Creek Showing

Sample Easting** Northing** Au (g/t) Ag (g/t)
G286224 383900 6912750 3.76 7.7
G286225 383894 6912768 5.77 6.8

Tony Barresi, Triumph’s VP Exploration, comments: “This new showing, which lies in the completely untested-by-drilling catchment of Happy Creek, a known placer creek, represents an exciting new exploration target.  The tenor of gold mineralization encountered so far is similar to what was seen in some of the early drill holes and surface samples at Nucleus.”

Summary of Revenue Geology

Porphyry mineralization at Revenue extends from at least the Keirsten Zone to the Blue Sky Zone, and was encountered in the farthest step out holes both east and west of the Revenue diatreme.  The mineralizing system is composed of a large porphyry, at least 2.85 km in strike length, with a mineralized diatreme in its center and the Nucleus gold deposit off its western flank. If gold mineralization encountered in the newly discovered Happy Creek showing is also porphyry related then the strike length of porphyry mineralization is increased to 3.6 km.  Within the diatreme and surrounding granite there are numerous drill intersections of good copper-gold, silver and molybdenum grades, however, now with the results of 2017 drilling, there is a demonstrated zone of high-grade, gold-rich, porphyry style mineralization that extends at least 450 meters from the eastern margin of the Revenue diatreme eastward into the Blue Sky Zone, where it appears to be increasing in grade, and remains open to the northeast and depth.

President’s Comment

Paul Reynolds, Triumph’s President & CEO, comments: “New drilling in 2017 has demonstrated a vast area of porphyry style mineralization extending at least 2.8 km from the Keirsten Zone to the Blue Sky Zone, both of which are new discoveries this year. In addition to defining a very large porphyry footprint we have also made numerous intersections of gold-rich high-grade porphyry mineralization (see this NR and NR17-12 dated October 19, 2017).  The elements of size and grade are beginning to stack in our favour and the possibility that a very large porphyry deposit underlies what had previously appeared to be separate showings, is becoming more and more compelling as we continue to explore.”


* Copper and Gold Equivalent [CuEq*, AuEq] are used for illustrative purposes, to express the combined value of copper, gold, silver and molybdenum as a percentage of either copper or gold.  No allowances have been made for recovery losses that would occur in a mining scenario.  CuEq and AuEq are calculated on the basis of US$3.10 per pound of copper, US$1,305 per troy ounce of gold, US$17.40 per troy ounce of silver and US$7.00 per pound of molybdenum oxide.

** Coordinates are given in North American Datum 83 (NAD83), Zone 8.

*** Length refers to drill hole intercept.  True widths have not been determined.

Methods and Qualified Person

Drill core samples ranged between 1 and 2m length and were cut at Triumph’s core logging facility on the Freegold Mountain Property (Revenue Camp; Figure 1).  The samples were analyzed by ALS Global of North Vancouver, British Columbia.  They were prepared for analysis according to ALS method PREP35: each sample was crushed to 70% passing 2mm and a 250g split was pulverized to better than 95% passing 106 micron mesh.  Gold was tested by fire assay with atomic absorption finish on a 30g nominal sample (method Au-AA23), and samples that tested over 10 g/t Au were retested using fire assay with a gravimetric finish (method Au-GRA21).  An additional 35 elements were tested by ICP-AES using an Aqua Regia digestion (method ME-ICP41), over limit samples for copper were retested using the same technique but with assay grade Aqua Regia digestion and a higher range of detection (method ME-OG46).  Quality assurance and control (QAQC) is maintained at the lab through rigorous use of internal standards, blanks and duplicates.  An additional QAQC program was administered by Triumph Gold: at minimum one in ten samples submitted by Triumph Gold was a blank or certified reference standard.  QAQC samples that returned unacceptable values triggered investigations into the results and reanalyses of the samples that were tested in the batch with the failed QAQC sample.

The technical content of this news release has been reviewed and approved by Tony Barresi, Ph.D., P.Geo., VP Exploration for the company, and qualified person as defined by National Instrument 43-101.

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