Vancouver, B.C., February 04, 2021 – Triumph Gold Corp. (TSX-V:TIG | OTCMKTS:TIGCF) (“Triumph Gold” or “the Company”) is pleased to announce that it has entered into an agreement (the “Agreement”) with Teck Resources Limited (“Teck”) to acquire the Big Creek copper-gold property located in Yukon, Canada (the “Property”) in consideration for 1,250,000 common shares of the Company and a 1.5% net smelter return granted to Teck, pursuant to a royalty agreement (the “Transaction”).
The Big Creek property consists of 258 contiguous quartz mining claims in the Whitehorse Mining District of Yukon (NTS sheets 115I/05 and 115I/12) and borders Triumph Gold’s 100% owned Tad/Toro property to the northwest, significantly expanding the Company’s interest in the Dawson Range Gold District (Figure 1). The adjoining properties are located along the prolific Big Creek Fault and the planned extension of the Mt. Freegold Road by the Yukon Resource Gateway Project. The existing 85-kilometre-long Mt. Freegold Road provides access to all portions of the Company’s flagship Freegold Mountain Project located approximately 15 kilometres southeast of the newly acquired Property. The Yukon Government recently announced a second Resource Gateway Project agreement with Little Salmon/Carmacks First Nation, involving mining-standard upgrades to the three bridges along the existing Mt. Freegold Road.
All securities issued in connection with the Transaction will be subject to a four month hold period in accordance with applicable securities laws and the policies of the TSX Venture Exchange (the “TSXV”). No finder’s fees will be paid in connection with the Transaction. The Transaction is an arms-length Transaction, and completion of the Transaction is subject to approval of the TSXV.
The technical content of this news release has been reviewed and approved by Jesse Halle, P.Geo., Vice President Exploration for the Company and qualified person as defined by National Instrument 43-101.
About Triumph Gold Corp.
Triumph Gold Corp. is a Canadian based, growth-oriented precious metals exploration and development company with a district scale land package in mining friendly Yukon. Triumph Gold is focused on creating value through the advancement of the district-scale Freegold Mountain Project located in the Dawson Range Gold Belt of Yukon, Canada. For maps and more information, please visit triumphgoldcorp.com.
On behalf of the Board of Directors
Signed “John Anderson”
John Anderson, Executive Chairman
|For further information please contact:
John Anderson, Executive Chairman
Triumph Gold Corp.
IR Pro Communications Inc.
Mars Investor Relations
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation (including statements with respect to the Transaction). Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company”) is pleased to announce that the executive management of Verra, which manages the world’s largest greenhouse gas program, the Verified Carbon Standard, has approved the concept note of dynaCERT that is designed to secure Carbon Credits by deploying dynaCERT’s patented HydraGEN™ Technology and HydraLytica™ Telematics on a global basis.
Hydrogen Economy Leaders Collaborating with Verra
dynaCERT’s forward-thinking management is fully committed to maintaining a Canadian leadership role in the new Hydrogen Economy while collaborating significantly with other top-ranked industry leaders, such as Verra, to further supplement and broaden the benefits of the Company’s clean-technology line of products currently available to the global market.
United Nations Clean Development Mechanism
This concept note approval by Verra is unique because no such similar methodology is in use globally for mobile transportation vehicles. After discussion and thorough research, Verra approved the concept note designed to create dynaCERT’s new Verified Carbon Standard (VCS) Methodology under Verra’s VCS Program using the proposed revisions by dynaCERT and the Clean Development Mechanism of the United Nations enacted by the United Nations’ “Framework Convention on Climate Change, regarding emission reductions through improved efficiency of vehicle fleets”, i.e., AMS-III.B.C.
Verra is a global leader helping to tackle the world’s most intractable environmental and social challenges by developing and managing standards that help the private sector, countries, and civil society achieve ambitious sustainable development and climate action goals. Verra’s global standards and frameworks serve as linchpins for channeling finance towards high-impact activities that tackle some of the most pressing environmental issues of our day. Website: www.verra.org
The VCS Program of Verra
The VCS Program is the world’s most widely used voluntary GHG program. The VCS Program provides a pathway for carbon projects to achieve certification through a third-party audit process. Successful certification can result in the generation of a VCU (Verified Carbon Unit). Since its launch in 2006, the VCS Program has grown into the world’s largest voluntary GHG program. Projects certified under the VCS Program include dozens of technologies and measures which result in GHG emission reductions and removals, including forest and wetland conservation and restoration, agricultural land management, transport efficiency improvements, and many others. Over 1,600 certified VCS Program projects have collectively reduced or removed more than 550 million tonnes of carbon and other GHG emissions from the atmosphere, the equivalent of more than 120 million passenger vehicles being taken off the road for one year.
Monika Wojcik, founder of Environmental Partners, dynaCERT’s expert Carbon Credit consultant based in London, UK, said, “Approval of the Concept Note is an important landmark for clients of dynaCERT expecting to develop carbon reduction projects. Carbon Credits issued from such upcoming projects can reduce the adoption costs of dynaCERT’s HydraGEN™ Technology. Public awareness and support of Climate Change has become more visible during the COVID 19 crisis. Now, the emissions reduction by industries ready for HydraGEN™ Technology is more urgent than ever.”
Jim Payne, CEO of dynaCERT, stated, “Verra’s approvals bring to dynaCERT the high profile and the applauded stimulus to further our technological triumphs for the global sale of Carbon Credits. It is a great honour of dynaCERT to work side by side with an accomplished and highly respected international organization such as Verra, and with its expert specialists in GHG’s. This great honour is backed by our commitment at dynaCERT to constantly advance our innovations in accordance with the environmental mission of the Paris Accord, the United Nations and international organizations that share our corporate vision. dynaCERT welcomes Verra. We all look forward to our noteworthy alliance together in the weeks, months and years to come as we continue to grow and expand our technology for today and into the future of the New Hydrogen Economy.”
Methodology of the United Nations
More information about the methodology of the United Nations for reductions of emissions of vehicles under the AMS-III.B.C. may be found here:
Click here for complete news release
On July 24th, 2020 Triumph Gold announced completion of a non-brokered private placement totaling $3 million. This combined with the previously announced $3,319,600 private placement on July 24th, totals $6.31M. Each Unit was priced at $0.20 per Unit and each Unit comprised of one common share and one common share purchase warrant exercisable at an price of $0.30 per share for a period of three years. Proceeds of the private placement were for Triumph’s exploration activities and general working capital purposes.
6,500,000 stock options to consultants of the Company were also granted with an exercise price of $0.30 for a period of five years.
Shortly afterward, on July 28th, Triumph Gold announced their 2020 exploration program at Freegold Mountain project in Yukon. The primary goal of the proposed exploration program is to significantly advance underexplored, near-surface gold targets of the Freegold Mountain Project. This includes epithermal gold targets of the Mount Freegold Property, southeast of the Nucleus and Revenue Deposits, as well as shallow gold targets related to the gold-rich porphyry copper mineralization surrounding the Revenue Resource area.
“The 2020 exploration program is aimed at unlocking the higher grade gold areas of the Freegold Mountain Project that our Technical Team have been working on over the past couple of years,” said John Anderson, Executive Chairman. The drilling was planned to start the first week in August.
Jesse Halle, Vice President Exploration for Triumph Gold commented: “We have an opportunity to advance some of the many gold targets hosted within the Freegold Mountain Project outside the known Revenue, Nucleus and Tinta Resource areas. The potential for near-surface, high-grade epithermal gold discoveries along the Irene-Goldstar Corridor is outstanding, and the lithological and geochemical traits of the adjacent undrilled Melissa Zone look a lot like those of the Nucleus Resource. I’m equally excited about building on the gold-rich porphyry copper related mineralization story at Revenue East and Keirsten Zone.”
On September 17th, 2020 Triumph announced the completion of their “short but successful field-based portion of the program” at Freegold Mountain project, Yukon. The 2020 program was designed to test near-surface gold targets in both the Nucleus-Revenue and Mount Freegold areas. Field exploration proceeded as planned, although access to the Irene-Goldstar Corridor and Melissa Zone was limited due to unusually high rainfall throughout the season. This year’s exploration program produced nine diamond drill holes totaling 2068.52 metres, plus minor trenching and reconnaissance sampling.
Jesse Halle, VP Exploration added, “The Freegold Mountain Project continues to show its exploration up-side with every drill hole and new surface exposure, even in the greenfield locations, displaying eye-opening alteration and mineralization. I’m looking forward to the assay results and to an expanded exploration program in 2021.”
dynaCERT TSXV-DYA OTCQX-DYFSF is pleased to announce that it has received final approval to list the Company’s common shares on the Toronto Stock Exchange.
Effective at market open on Tuesday, July 7, 2020, the common shares of dynaCERT will commence trading on the Toronto Stock Exchange under the same symbol “DYA” and will concurrently be delisted from the TSX Venture Exchange.
In addition, the 6,152,500 warrants issued as part of the recent upsized $8,367,400 underwritten prospectus financing (see Press Release dated June 18, 2020) at an exercise price of $1.00 per share expiring June 18, 2022, will also be listed effective market open on July 7, 2020 on the Toronto Stock Exchange and trade under the symbol “DYA.WT”.
The Toronto Stock Exchange is the premier stock exchange in Canada for established companies, offering enhanced visibility, liquidity and access to capital.
dynaCERT believes that a Toronto Stock Exchange listing is a consistent next step in the Company’s progression which should facilitate access to a broader range of investors as well as provide exposure to larger pools of capital, including long-term institutional investors and large investors abroad such as in the USA and Europe.
The Company’s common shares continue to be listed in the USA on the OTCQX® Best Market under the symbol “DYFSF” and on ATS Platforms in Canada. In Europe, the Company’s common shares trade under the symbol “DMJ” on the following Exchanges and Trading Platforms: Börse Stuttgart, Börse Berlin, Börse Düsseldorf, Frankfurter Wertpapierbörse, Börse Hamburg, Börse Hannover, Börse München, LS Exchange, and Tradegate.
Jim Payne, dynaCERT’s President, CEO & Director, stated, “Our unique Hydrogen-based innovation provides Carbon Emissions Reduction Technology while at the same time reducing fuel consumption. With future Carbon Credits, applicable throughout every diesel engine world-wide, we are attracting international investor attention and are very pleased to graduate to the prestigious Toronto Stock Exchange. This valued Canadian recognition as a growing ESG company is yet another major step forward in our global developments.”
On July 8, 2020, the Company will issue 200,000 common shares regarding a legal settlement at a deemed price of $0.71 per share. The Company has granted today 5,410,000 options to its employees, consultants, senior officers and directors, each option exercisable into one common share at $0.70 for a period of five years.
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com.
dynaCERT (TSX.V-DYA) (OTC:DYFSF) announced that its HydraGENä Technology has received, from the German Design Council, the prize for Energy Solutions in 2019 in the Business-to-Business category at the German Innovation Awards (“GIA”) competition.
Enrico Schlaepfer, Global Marketing Vice President of dynaCERT, as well as Wolfgang Klatzer, European Marketing Manager of dynaCERT, attended the GIA ceremony in Berlin on May 28, 2019.
The German Innovation Awards honour products across all industrial sectors. The GIA considers products that distinguish themselves primarily by their enhanced value to users when compared with earlier technology or design. The organization selectively grants awards for innovations that shape the future and improve our lives.
The competition is aimed not only at industrial giants but also for everyone who contributes to a better future with their innovations to society, such as dynaCERT. In addition to recognizing the best engineering or other technological achievements, the German Design Council promotes dialogue between small, medium and large enterprises, governments, suppliers and manufacturers, potential partners and the general public.
Jim Payne, President and CEO of dynaCERT stated, “It is a great honour to receive this notable award in the Energy Solutions category as we set out to prepare to market and sell our products in Germany and throughout Europe. I commend all our people at dynaCERT for successfully teaming up to further the HydraGENä Technology internationally and I also thank the German Design Council for this gracious award. Our HydraGENä Technology is gaining recognition in many respectable organizations that are interested in finding solutions for pollution within the European community. European business managers are demonstrating sensible leadership in this regard.”
dynaCERT closed the 1st tranche of the $3M private placement announced on January 31st 2018, for proceeds of $1,215,800.
The company announced that, pursuant to agreements entered into with the holders of its convertible notes (aggregate principal amount of $1,260,000) that were issued in November 2017, all amounts owing under the Notes have been repaid in full via the issuance of units.
dynaCERT (TSX.V-DYA) (OTCQB:DYFSF) announce initial results from independent PIT Group testing on our HG1 unit. The PIT Group is perceived to be the transport industry gold standard testing organization.
PIT Group report states “The results are showing significant decreases in emission levels between baseline and final measurements, of almost half for carbon monoxide (CO), total hydrocarbons (THC), and for mono-nitrogen oxides (NOx).”
Testing verified that the HydraGEN™ HG1 unit reduced emissions of CO by 48.1%, THC by 50.0%, and NOx by 46.1%, all of which exceeded our estimates. This points to dynaCERT’s HydraGEN™ Technology providing a clear path to benefit our clients within the International Carbon Economy (carbon credits).
World governments along with engine manufacturers have been striving to achieve these levels of reduction with limited results. Nerve agents such as nitrogen oxides (NOx) are generated when diesel fuels are burned, and they are not only affecting human health, but also destroy the earth’s atmosphere more as compared to carbon dioxide (CO2).
Grizzly Discoveries (TSX.V-GZD) has a focus on gold in the Greenwood, BC gold and copper district with a joint venture with Kinross on one third of their 235,000 acre property. Grizzly also has diamond and potash properties in Alberta and are seeking joint venture partners for exploration.
The company’s website: www.grizzlydiscoveries.com
Updated Corporate Presentation: http://grizzlydiscoveries.com/images/Presentations/2017/Grizzly_Corp_Presentation_3Q_2017.pdf
Or contact the President & CEO: Brian “Griz” Testo at 1-780-693-2242
Pistol Bay Mining (TSX.V-PST) has received the final results of a 2,100 line-kilometer helicopter-borne electromagnetic and magnetic survey of the eastern two-thirds of its properties in the Confederation Lake greenstone belt, covering a 40- kilometer length of the belt. The survey was carried out by Geotech Ltd., using its VTEM Plus™ system. Geotech is an industry leader in airborne electromagnetic surveying, and the VTEM Plus™ system has successfully detected conductive zones at depths of several hundred meters. The latest versions of VTEM have succeeded in detecting an “IP Effect” response, which is capable of responding to disseminated sulphides. Horizontal gradient magnetometers allow the creation of “gradient-enhanced magnetic” grids, which give resolution of fine structural details, at a level that would have required a closer line spacing in previous single-magnetometer airborne surveys.
After reviewing the survey data with the Company’s consulting geophysicist, Jeremy S Brett of MPH Consulting Limited, the following observations were made:
- Conductive responses were confirmed at all historic showings, zones and mineralized drill intersections;
- There are conductive extensions of several known zones, beyond sections that have been drilled in the past;
- There are untested conductors on strike with known mineralized zones or occurrences;
- There are new clusters of conductors, away from any known mineralization, that are in areas of favorable geology, and constitute new target areas;
- Numerous IP effect anomalies have been identified, either as separate anomalies or as extensions of conductors.
Appraisal of targets from the VTEM Plus™ survey is continuing. The database of whole-rock chemical analyses, inherited from Noranda by Tribute Minerals Inc., is an important tool in evaluating anomalies, because it can highlight areas of favorable geology and hydrothermal alteration.
Charles Desjardins, CEO of Pistol Bay, commented, “This is an exciting time for Pistol Bay. We are working to develop and prioritize targets for ground follow-up and drill testing. Because of the large number of potential targets generated by the VTEM survey, we are considering inviting joint venture partners for all or parts of the Confederation Lake project. We have had early-stage discussions with potential joint venture partners. Once we’ve got our targets finalized, we will be entertaining proposals for joint ventures to advance this highly prospective property.”
In another development, the Company has received a new NI43-101 technical report on the Garnet Lake property (which includes the Fredart and Lucky 7 claim groups). The report includes a new Inferred Mineral Resource for the Arrow Zone: 2,100,000 tonnes with average grades of 5.78% zinc, 0.72% copper, 0.60 grams per tonne (g/t) gold and 19.5 g/t silver. The resource is based on a cutoff grade of 3% zinc equivalent, and a 3 metre minimum true width. The technical report recommends 2,000 metres of diamond drilling to test for possible down-plunge extensions of the Arrow Zone. The report can be viewed under the Company’s profile on www.sedar.com.
The Fredart “A” zone has a historical resource of 368,000 tonnes grading 1.56% copper and 33.6 g/t silver. The method used to calculate that resource is not disclosed sufficiently in historic reports to allocate that resource estimate to any of the current accepted categories of mineral resource or mineral reserve. No Qualified Person has reviewed the resource to assess its quality or relevance. As a historic estimate, it should not be relied on. Several of the historic drill holes in the Fredart “A” zone reported substantial widths – drill hole FA1966-15 reportedly cut 40.42 meters averaging 1.40% copper and 21.1 g/t silver, including a higher grade section of 16.22 meters grading 2.67% copper and 48.3 g/t silver.