White Metal Resources $WHM Reports 23 M of 2.31% Cu, 46.3 g/t Ag Including 4 M of 4.74% Cu, 65.1 g/t Ag, Taranis #Copper – #Silver Project, #Namibia

Thunder Bay, Ontario, 18 May 2021: White Metal Resources Corp. (TSXV:WHM) (FRA: CGK1) (“White Metal” or the “Company”) is pleased report that it has received the final batch of assay results from the remaining 15 reverse circulation (“RC”) drill holes from its January-February 2021 drilling program (28 drill holes totalling 3,226 m) (Table 1). The Company previously announced results from 13 drill holes (see Company news releases 23 March 2021 and 8 April 2021). All drill holes from the current program targeted the area of the historical Okohongo Cu-Ag Deposit (“Okohongo”). The 95% owned Taranis Copper-Silver Project (the “Project” or “Property”), which includes the historical Okohongo Copper-Silver Deposit, is located in northwestern Namibia and is defined by Exclusive Prospecting Licence (“EPL”) 7071, covering about 19,850 hectares.

Michael Stares, President & CEO of the Company stated, “We see again that the RC drill holes from Okohongo are confirming the historical results and we look forward to completing a current NI 43-101 mineral resource estimate and technical report very soon. Strong copper and silver prices have given this project a robust valuation and we look forward to receiving our Property renewal in the coming months. We will be working aggressively to maximise the value of our Namibian copper projects, while maintaining our focus on our flagship property, the Tower Stock Gold Property, located in northwestern Ontario, Canada.”

Click link below for tables and entire news release:

White Metal Resources (TSX.V:WHM) (FRA:CGK1) (OTCMKTS:TNMLF) Reports 23 M of 2.31% Cu, 46.3 g/t Ag Including 4 M of 4.74% Cu, 65.1 g/t Ag from Final RC Drilling Results, Taranis Copper-Silver Project, Namibia

www.whitemetalres.com

dynaCERT – InvestorIdeas Cleantech Alert: Fuel Savings in Trucking Industry as Sector Faces Volatility – UK Fleet Engineer Praises 9% Fuel Savings in 2-Year HydraGEN TM Pilot Project

Click link for entire article:   InvestorIdeas Cleantech Alert – Fuel Savings in Trucking Industry as Sector Faces Volatility – UK Fleet Engineer Praises 9% Fuel Savings in 2-Year HydraGEN TM Pilot Project

May 19, 2021 – Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues a sector snapshot looking at recent news on the demand for fuel savings in the fleet/trucking sector.

According to a recent article in Fleetowner.com “About 75% of the fleets are investing in idle reduction technologies, up from about 65% in 2019.”

With the recent fuel shortages causing panic buying at fuel pumps across the US and spreading into eastern Canada, energy savings are a hot topic. The last few years of stability in fuel prices can no longer be counted on and new accelerated demand for fuel economy and savings will be a ‘must have’ for the trucking industry.

Looking at the direct impact, a recent article reports, “Research shows that fuel costs can constitute 60% of a company’s operating budget.”

A leading trucking fleet operator in the United Kingdom is using dynaCERT’s (TSX:DYA.TO) (OTC: DYFSF) HydraGEN™ advanced technology to achieve net-zero annual carbon emissions in its trucking fleet after experiencing “significant” fuel savings with the device.

“After two years of testing and running HydraGEN™ units on our vehicles, we have seen an average fuel savings of 9% during summer and winter operations” said Stephen Madden, Group Fleet Engineer at Russell Group Engineering based in Glasgow Scotland.

The results and comments are detailed in an interview published in the latest edition of Private Motor Carrier Magazine (pmtc.ca).

Madden reveals the company has been intrigued by the ability “to outfit our existing fleet with a low-cost installation in order to meet our carbon reduction targets …the reason we have included HydraGEN™ in our transitional plans is because it provides results in a short period of time and requires very little maintenance.”

Russell Group is moving aggressively to slash carbon emissions and is among the first 100 signatories for Amazon’s Climate Pledge, agreeing to measure and report greenhouse gas emissions on a regular basis towards the goal of net-zero.

He adds “HydraGEN™ actually pays the end-user to be green,” praising the unit’s ability to prevent build-up in the DPF (Diesel Particulate Filter) compared to his fleet vehicles operating under the same parameters and it reduces their maintenance costs.

Russell Group’s effort to reduce the trucking industry’s carbon footprint includes its commitment as a HydraGEN™ Technology dealer in Europe.

The success of the company’s fleet in slashing carbon emissions is profiled in the current edition of Private Motor Carrier Magazine, the official publication of the Private Motor Truck Council of Canada.

Russell Group Fleet

 

 

 

 

 

 

 

 

Research the sector with our directory of Auto Stocks – EV, Freighttech, Manufacturers

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dynaCERT Inc. (TSX:DYA.TO) (OTC: DYFSF) is a featured Cleantech/Hydrogen stock on Investorideas.com

 Visit profile page

Russell Group Fleet

 

City of Woodstock is Trialing use of Unique Fuel-Saving Technology – dynaCERT’s HydraGEN TM Technology

WOODSTOCK’S FUEL-SAVING PILOT PROJECT

May 06, 2021

The City of Woodstock is trialing the use of unique fuel-saving technology, with support from the federal Gas Tax Fund.

A transit bus and a City recycling truck have been fitted with HydraGEN units – small attachments fitted to a diesel vehicle and used to convert distilled water into pure oxygen and hydrogen.

The pure oxygen and hydrogen are then added to the vehicle’s fuel stream, improving combustion and efficiency, and resulting in fuel savings of between 6% and 19%.

As well as reducing fuel costs, the HydraGEN units also lower greenhouse gases.

https://www.gastaxatwork.ca/updates/woodstocks-fuel-saving-pilot-project

A photograph of a recycling truck in the City of Woodstock, Ontario.

dynaCERT $DYA $DYFSF – Toronto Green-Tech Maker Focuses on Truck Emissions

https://torontosun.com/news/toronto-green-tech-maker-focuses-on-truck-emissions #emissionsreduction #cleantech #Ontario #diesel #technology #climatechange #sustainability #environmentalsolutions

A worker is pictured at the dynaCERT assembly plant in Toronto.

PHOTO BY SUPPLIED PHOTO /Toronto Sun

Looking for locally-made carbon emission reduction technology for diesel-fuelled big rigs, mining equipment, and more?That’s a big 10-4, says dynaCERT’s CEO and President Jim Payne, whose Toronto-based company has spent $70 million during the last 16 years developing their patented HYDRAgen device that cuts down on emissions by more than 50%, reduces nitrous oxide, the most deadly gas, by 88%, and reduces fuel consumption by nearly 10%.

“Right now we have several large companies using it across Canada and across North America,” said Payne. “We’ve got them in Europe. We’re a global company.”

But Payne says B.C. is currently the only provincial government in Canada that is offering a $4,000 incentive to help truckers and fleet owners to install HYDRAgen, covering half the $8,000 cost.

“Now we are in talks with Ontario,” he said. “The talks are very positive. We’re in talks with MTO (the Ministry of Transportation). We’re in talks with the federal government. But until something is done, talk is cheap. We have several municipalities that we’ve been doing pilot projects with.”Payne said the suitcase-sized HYDRAgen device, made at dynaCERT’s Toronto headquarters on Alliance Ave. in the Stockyards district, is sold through a network of dealers globally, and it usually takes about three hours to install as a retrofit.

“Certainly because of COVID it’s been difficult because of so many restrictions,” he said. “It has really hampered things for the last year.”

Payne said the transportation sector generates roughly 24% of greenhouse gas emissions in Canada and the U.S. and there are up to one billion diesel engines operating around the world.

He says one HYDRAgen unit on a truck and trailer would save 4,800 litres of diesel annually, reducing GHG emissions by 100 tonnes, the equivalent of removing 28 Honda Civic sedans from the road.

www.dynacert.com

InvestorIdeas – The Booming Hydrogen Market- How Low Cost, Integration and Zero Emissions Posture It as a Leader in the Clean Energy Market of the Future – dynaCERT

Point Roberts, WA and Delta, BC – April 19, 2021 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issue a sector snapshot on the booming hydrogen market and some of key players leading the revolution, including Hydrogen Tech stock dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ), a company with seventeen plus years of R&D, scientific knowledge and design advancements within hydrogen generation.

The hydrogen market is expected to surpass USD 300 Billion by 2027,according to Global Market Insights Inc. Increasing focus toward clean energy in the emerging economies coupled with rising utilization of hydrogen in new applications will positively enhance the industry outlook.

Altenergmag.com reports “Since hydrogen fuel cells can integrate with so many industries – transportation, industrial activities, and energy generation – the boom is coming on strong. In fact, hydrogen usage is growing at a 9.2% annual rate, which will continue through 2025, creating a multi-billion-dollar industry.”

Hydrogen Tech stock dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ) sees the vision of a hydrogen future and was recently invited by the Government of the Province of Ontario, Canada to participate in the Hydrogen Strategy Working Group of the Ontario Government under the guidance of the Ministry of the Environment, Conservation and Parks.

dynaCERT’s product line (currently available world-wide) consists of Hydrogen-on-Demand technology which delivers trace amounts of Hydrogen to lower fuel consumption and carbon emissions of internal combustion engines. Their patented s

olution uses a proprietary Electroliser designed to be extremely user friendly on transport trucks, mining equipment and generators. Watch the video: HydraGEN™ Remote Filling Tutorial

https://www.youtube.com/watch?v=vL6vXWxbqkY

From the news: “dynaCERT intends to expand and leverage their expertise and knowledge to form the basis for future decades to advance the Company’s goal to adapt its HydraGEN™ Technology to numerous markets, globally. dynaCERT’s Hydrogen Electrolisers have gone through a series of transformations to meet the market demand. dynaCERT’s existing Alkaline Hydrogen Electrolisers are best suited for non-pressurized hydrogen production up to 500 litres per hour and can be stacked for higher hydrogen demand.”

From the news: Gurjant Singh, dynaCERT’s Head of Research and Development stated, “dynaCERT’s upcoming products such as the Anion Exchange Membrane and the Cation Exchange Membrane Electrolisers will produce pressurized hydrogen to meet the global demand. Pressurized hydrogen will significantly cut down the compression cost making it affordable to use in small- and large-scale applications such as off-grid power supply, fuel cells etc. dynaCERT’s smart ECU will enable consumers to control hydrogen

production remotely and simplify data management.”

From the news: dynaCERT is committed to achieve and participate in net zero emissions goal by 2050. Exponential growth in hydrogen production over the past few years by conventional methods have further impacted the environment adverse

ly. In 2019, more than 550 million tons of Carbon Dioxide were released in the atmosphere because of hydrogen production via Methane Reforming Process. At $50 per ton Carbon Credit, there is potential for more than $27 Billion worth of yearly savings. Carbon Credits remain a huge future revenue stream for dynaCERT with our Patent Pending Carbon Capturing Methodology while capturing credits for the Carbon Saved with our Hydrogen Generating Electrolisers.”

dynaCERT Inc.was recently featured in an article ‘”THE BEST HYDROGEN STOCKS! PLUG POWER, BALLARD POWER, NEL ASA, DYNACERT.”

Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP), a long- time leader in the sector also has a vision – “A vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars and forklift trucks.”

Demonstrating how they have achieved new milestones for a hydrogen fuel cell future, they announced In March, “that the Company’s proton exchange membrane (PEM) fuel cell technology and products have now powered Fuel Cell Electric Vehicles – or FCEVs – in commercial Heavy- and Medium-Duty Motive applications for an industry-leading cumulative total of more than 75 million kilometers on roads around the globe.”

From the news: Dr. Kevin Colbow, Ballard CTO said, “Ballard has industry-leading field experience in powering commercial vehicles, as evidenced by this 75-million-kilometer milestone. Our technology innovation and product programs have benefited immeasurably from these important on-road applications, through which Ballard products experience the full range of vehicle payloads, duty cycles, road conditions, and weather. The results include unparalleled reliability, durability and performance. Ballard is well-positioned to address Heavy- and Medium-Duty Motive applications, including bus, truck, train and marine, just as the global commitment to zero-emission mobility is accelerating. To date, almost 50 countries have launched carbon pricing initiatives, 75 countries have net zero carbon emission targets, and 32 countries – representing over 70% of global GDP – have announced hydrogen roadmaps. Moreover, the total addressable market for zero-emission modules to power commercial vehicles exceeds $130 billion annually.”

Also looking to the future, Hyzon Motors Inc. (NASDAQ: DCRB), a leading global supplier of zero-emission hydrogen fuel cell-powered commercial vehicles, announced that it aims to be among one of the first companies to supply customers with a hydrogen fuel cell truck at total cost of ownership (TCO) parity with diesel-powered commercial vehicles in Europe. With

its leading fuel cell technology and incentives available in Europe, Hyzon expects to help customers achieve TCO parity through its alliance with multiple hydrogen infrastructure partners.

From the news: Given the momentum behind hydrogen across Europe, this region is anticipated to lead the roll-out of hydrogen mobility worldwide. As a hydrogen heavy mobility category leader, Hyzon expects to play a significant role in the European Union’s transition to hydrogen energy, through its manufacturing base in Groningen, The Netherlands.

As announced on February 9, 2021, Hyzon has entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation (NASDAQ: DCRB, DCRBW, DCRBU), a publicly-traded special purpose acquisition company (SPAC) that would result in Hyzon becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions, and is expected to occur in the second quarter of 2021.

Showing how fuel cells can really change the future of clean energy, Bloom Energy (NYSE: BEannounced it has begun to deploy a portfolio of more than 40 megawatts of solid oxide fuel cells in the Northeast through a series of agreements under a Community Distributed Generation (CDG) program, which encourages investment and deployment of clean energy technologies. The initial portfolio of projects is being deployed in New York.

From the news: “The current CDG program incentivizes developers to install clean power generation within the grid distribution network to alleviate stress on the electric grid, decrease harmful greenhouse gas emissions and air pollutants, reduce costs, and enhance energy reliability. Consumers, meanwhile, can purchase cleaner, more affordable and resilient power.”

From the news: “In addition to providing cost savings and improving power reliability, Bloom’s Energy Servers are expected to reduce carbon emissions by nearly 50,000 metric tons annually compared to the current grid alternative – the equivalent to taking more than 11,000 cars off the road for one year.”

Said best on a recent perspective on Medium, “Hydrogen provides the missing link to a completely green economy by allowing society to convert renewable power into a carbon-free commodity at low cost. That’s important because hydrogen is a critical integration point between intermittent clean power generation, the entire transportation sector, and the industrial sector. We need this integration to achieve 100% decarbonization.”

For investors following renewable energy and hydrogen stocks, visit the directory of publicly traded stocks https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

About Investorideas.com – News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

Disclaimer/Disclosure: Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: dynaCERT is a paid monthly news and publishing client on Investorideas.com. More disclaimer and disclosure info.  Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

https://www.investorideas.com/News/2021/cleantech-climatechange/04190Hydrogen-Market.asp

www.dynacert.com

Diagnos $ADK $DGNOF Enters into Exclusive Distribution Agreement to Access Massive Global Healthcare Market in DACH Countries and Central Europe of Over 140 Million People

Diagnos Inc. TSXV-ADK OTCQB: DGNOF a leader in early detection of critical health issues through the use of its FLAIRE platform based on Artificial Intelligence (AI), announces today the signing of an exclusive distribution agreement with Diagnos Europe GmbH (“Diagnos Europe”), a new partner for DIAGNOS to tackle the strategically important DACH countries in the European market (Germany, Austria, Switzerland) and the surrounding countries Poland, Luxembourg and Liechtenstein in order to prepare a successful market entry for the Company’s products and services in Central Europe, a crucial territory for DIAGNOS with a significant market potential in access of more than 140 million people.

DACH is an abbreviation and D stands for Deutschland (Germany), A, Austria, and CH, Confoederatio Helvetica, (Switzerland). Therefore, it refers to the mostly German-speaking center of Europe. The DACH economy is one of the most stable in the entire world since the end of World War II and it is by far the largest and most promising market for IT and AI in Europe. Diagnos Europe is fully specialized on go-to-market strategies and services in the DACH countries and have developed for DIAGNOS a variety of market entry strategies offering the Company a practical and effective launch pad into the DACH market. 

 Just as the DACH region has become established as Europe’s most important region for the optical market, DIAGNOS will be benefiting from the forthcoming market entry developments and has in addition that long tapping into European potential. The German market, in particular, plays a leading role in the optical industry and thus also for the Company and Diagnos Europe in terms of preparing the implementation of specific sales activities. Alongside the French market, which DIAGNOS is also targeting at the same time, the German-speaking market is the most important in Europe and also the most interesting for the company as a result of its stable growth rates over the past several years. For 2019, the German optical industry was able to record its most successful financial year in a decade, far outperforming other European markets (total sales compared to 2018 were up by 5.4% at EUR 4.7 billion; 2019 thus exceeding all expectations and a continuation of the growth trend that has persisted since 2011. Opticians and optometrists have continuously been able to look forward to a further increase in turnover, which rose to almost EUR 6.5 billion in 2019 and even more in 2020).

Read more:  http://www.diagnos.ca/wp-content/uploads/2021/04/DIAGNOS-Enters-into-Exclusive-Distribution-Agreement-to-Access-Massive-Global-Healthcare-Market-in-DACH-Countries.pdf

Carbon pricing to cost Canadian truckers $538 million in 2021, CTA says – dynaCERT $DYA $DYFSF has #carbonemissions #reduction #technology for #trucks

@dynacert‘s patented HydraLytica with the HydraGEN technology can save the transportation Industry this carbon tax while reducing GHG emissions from the engines and reduce overall operating costs.
Diesel fuel tank

@dynaCERT President & CEO Jim Payne in Canada’s @NatObserver – Calling for #Government Action on #Cleantech

Canada’s @NatObserver publishes powerful opinion piece by #dynaCERT President & CEO Jim Payne calling for government action on #cleantech

Triumph Gold Announces 2020 Drill Results including Near-Surface Gold Discoveries and Extension of the High-Grade Goldstar Vein

Vancouver, B.C., January 26, 2021 – Triumph Gold Corp. (TSX-V:TIG | OTCMKTS:TIGCF) (“Triumph Gold” or “the Company”) is pleased to announce drill results from their flagship Freegold Mountain Project located in Yukon’s Dawson Range Gold District. The 2020 exploration program was focused on drill testing near-surface gold targets in the Revenue-Nucleus and Mount Freegold areas (PR20-07). Nine holes were drilled for a total of 2,068.52 metres (Table 3).

“The 2020 campaign was small but successful, with all nine holes returning significant gold intercepts in untested or under-explored areas” said John Anderson, Executive Chairman and CEO of Triumph Gold. “We are very happy with these discoveries that complement existing prospects and deposits of the Freegold Mountain Project.”

Technical Highlights1:

  • Within the Irene-Goldstar Epithermal Corridor, 2020 drilling successfully tested the down-dip extension of the Goldstar Vein and validated the continuity of the system with long step-outs (up to 570 metres) into untested portions of the corridor intersecting multiple parallel gold-rich zones. Results include:
    • Extension of the high-grade Goldstar Vein by over 85 metres down dip in IGC20-03 with
      • 1.59 g/t Au, 96 g/t Ag, and 2.3% Cu over 1.56m (152.00 to 153.56m), including 4.59 g/t Au, 200 g/t Ag, and 6.9% Cu over 0.50m (153.06 to 153.56m)
    • Extension of the Skarn Zone by 570 metres to the northwest in IGC20-01 with the intersection of near-surface high-grade gold and silver in massive magnetite assaying
      • 1.12 g/t Au and 15.6 g/t Ag over 7.23m (27.82 to 35.05m), including 7.49 g/t Au and 37 g/t Ag over 1m (33.00 to 34.00m)
    • Discovery of near-surface gold and silver rich zones in multiple holes along the Irene-Goldstar Epithermal Corridor including
      • 0.89 g/t Au, 22 g/t Ag, and 0.17% Cu over 9.75m (48.16 to 57.91m) in IGC20-01, including 1.47 g/t Au, 35 g/t Ag, 0.23% Cu, 0.05% Pb and 0.11% Zn over 5.58m (49.18 to 54.76m), and
      • 1.81 g/t Au and 8.6 g/t Ag over 7.62m (42.67 to 50.29m) in IGC20-02, including 2.87 g/t Au and 12 g/t Ag over 4.57m (42.67 to 47.24m)
    • In the Revenue-Nucleus Area, drilling outside of known porphyry copper-gold mineralization resulted in multiple intersections of greater than 1 g/t gold, as well as the discovery of gold within an oxidized zone in KZ20-02 with assays of:
      • 0.82 g/t Au over 12.27m (1.45 to 13.72m), including 2.2 g/t Au over 3.12m from surface (1.45 to 4.57m), within a larger interval of porphyry-style gold and copper mineralization

A video summary of today’s news release is available by clicking the following link:

2020 Exploration Highlights – Freegold Mountain Project

Details of Drill Results:

Irene-Goldstar Epithermal Corridor

Four drill holes, totalling 555.18 metres (Table 3), were drilled in the Mount Freegold area during 2020 exploration. Three of the four holes collared in previously undrilled portions of the Irene-Goldstar Epithermal Corridor, a 3.7 kilometre long zone of gold and silver rich epithermal and skarn mineralization associated with a major splay of the Big Creek Fault (first outlined in PR20-03).

Mineralization within the Corridor (Figure 1) was first identified near Mount Freegold in 1930 with erratic but significant gold-rich intercepts of the Skarn Zone (e.g. chip samples that returned up to 366 g/t Au and 106 g/t Ag over 5 metres) and the Goldstar Vein epithermal system. In 1989 C. A. Main estimated a mineral inventory for the Goldstar Vein at 123,000 tonnes of 4.21 g/t Au and 47.2 g/t Ag contained within a shallow pit approximately 250 metres long by 60 metres deep2. Prospecting 2.5 kilometres to the northwest of the Goldstar Vein led to the discovery of the Irene Vein in 2013, and inaugural drilling of the vein in 2018 outlined a mineralized strike length of at least 450 metres, with grades of up to 20.7 g/t Au over 0.70m (PR19-02). Limited prospecting and trenching between the Goldstar Vein and Irene Zone resulted in significant grab (e.g. 425 g/t Au and 321 g/t Ag) and chip sampling from trenches (e.g. 3.85 g/t Au and 103 g/t Ag over 2m) at the Red Fox/Vindicator Zone, strongly indicating continuity of this mineralized trend.

The 2020 drill program along the Irene-Goldstar Epithermal Corridor successfully tested the down-dip extent of the Goldstar Vein and demonstrated continuity of both skarn and epithermal vein styles of mineralization within the 2.5 km-long previously undrilled portion of the corridor.

Drill hole IGC20-03 tested beneath the known extent of the Goldstar vein and intersected 1.59 g/t Au, 96.04 g/t Ag, and 2.28% Cu over 1.56m at 152 metres depth extending the Goldstar Vein by at least 85 metres down dip (Figure 4). This intercept demonstrates continuity of the high-grade vein to depth, and presents an immediate opportunity for resource definition work along the Corridor.

Drill holes IGC20-01 and IGC20-02 form a fence across the Irene-Goldstar Epithermal Corridor at the Red Fox/Vindicator Zone and successfully extend gold, silver, and base metal mineralization within the corridor by at least 570 metres along strike from the nearest drill hole at the Goldstar Vein (Figure 2). IGC20-01 intersected massive magnetite at 33 metres depth, assaying 7.49 g/t Au and 37 g/t Ag over 1 metre, while testing a moderate magnetic response along the flanks of a prominent 870 metre magnetic not tested by drilling in this area (Figure 3).

Additional intersections of new epithermal gold and silver mineralization in all four 2020 drill holes support continuity of both gold-rich skarn and epithermal vein mineralization within the Corridor (e.g. values up to 2.87 g/t Au and 12.33 g/t Ag over 4.57m in IGC20-02). IGC20-04 also identified epithermal mineralization, returning 1.14 g/t Au and 10 g/t Ag over 1.02m, but terminated prematurely due to a catastrophic drill failure at the end of the program.

Of the 3.7 kilometre length of the corridor, less than 2 kilometres have currently been tested by drilling. Inaugural drill testing at the Red Fox/Vindicator Zone is strong evidence for continuity of mineralization through the entire corridor. Work in 2020 also included updating infrastructure in the area, which will allow for efficient access to untested portions of the corridor in 2021.

Table 1: Highlighted 2020 drill results from the Irene-Goldstar Corridor (Mount Freegold Area)

 

 

 

 

 

 

 

 

 

Jesse Halle, Vice President of Exploration for Triumph Gold commented “Multi-gram gold and silver results from the southeastern and central portions of the Irene-Goldstar Epithermal Corridor provide ample incentive to continue exploration and definition of this long and fertile mineralized system. Elsewhere in the corridor, increased drill density has been the key to identifying higher grade sections of the system – with recent compilation and 3D modelling we are now able to explore more effectively and efficiently than ever before.”

Revenue-Nucleus Area

Five drill holes totalling 1513.34 metres were completed in the Revenue-Nucleus area during 2020 exploration (Table 3). The Revenue-Nucleus Area is defined by a 6 kilometre long intense soil geochemical anomaly related to widespread porphyry copper-gold and associated epithermal mineralization. Since 2017, renewed focus on the area has resulted in multiple discoveries including the high-grade Blue Sky and WAu Breccias.

2020 exploration resulted in multiple mineralized drill intersections in the Revenue-Nucleus Area (Table 2) including highly anomalous gold related to newly discovered structures at the Keirsten Zone in KZ20-01, previously unidentified gold enrichment in an oxidized horizon from surface (within a broader interval of highly-anomalous gold and copper) at Keirsten South in KZ20-02, and multiple intersections of over 1 g/t gold at Revenue East in RVD20-02 and RVD20-03.

Table 2: Highlighted 2020 drill results from the Revenue-Nucleus Area

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Keirsten Zone and Keirsten South

Two holes were drilled in the Keirsten area during the 2020 exploration season (Figure 5). KZ20-01 was designed to target strong coincident chargeability and magnetic geophysical anomalies in the Keirsten Zone, highlighted by a new Drillhole-Constrained 3D Magnetic Inversion Model. The drillhole intersected altered granodiorite and porphyritic dykes, with a structurally-controlled, weak to moderate oxide overprint persisting to 175 metres depth. Modelled magnetic geophysical anomalies were supported by observed magnetics in drill core resultant from anomalous concentrations of pyrrhotite and primary magnetite. Gold mineralization increased between the magnetic anomalies, within a faulted domain host to various porphyritic dykes, returning values up to 1.37 g/t Au over 1.27m (Table 2). This highly prospective, over 500 metre long structural-magmatic corridor stands out as a broad magnetic low (Figure 6) not previously tested by drilling, despite being coincident with significant Cu and Au in soil anomalies.

KZ20-02 was drilled a kilometre south of KZ20-01 and was designed to explore a 400 metre wide by 400 metre long gold and copper geochemical anomaly. The hole encountered a zone of iron oxidation returning gold grades of 2.2 g/t Au from 1.45 to 4.57 metres (Table 2), and elevated gold to 16.76 metres. Pervasive iron oxidation extends to approximately 40 metres downhole but persists to 110 metres as moderate to locally intense patches. Assays from this interval yielded 0.3 g/t AuEq3 over 87 metres from top of hole (Table 2). This drillhole intersected clay-altered monzonitic to monzodioritic rock with quartz veins and local feldspar porphyry dykes to approximately 230 metres depth where it penetrated Yukon Tanana country rock. Gold, copper and molybdenum were highly-anomalous throughout the hole indicating proximity to a porphyry-related mineralizing system.

Brian Bower, Lead Technical Director for Triumph Gold added “The intersection of highly-anomalous gold in this area makes Keirsten South an exciting new zone warranting more exploration. The technical team is reviewing spectral data to determine alteration zonation and is now modelling the oxidation surface to determine the oxide gold potential of the area.”

Revenue East

Revenue East is approximately 250 metres east of the high-grade gold and copper Blue Sky and WAu Breccias and is defined by an over 400 metre long gold, copper, and bismuth geochemical anomaly. Three drill holes were completed in the area during the 2020 exploration program, all confirming widespread gold mineralization in the area. Visible gold and bismuthinite were identified in drill core from RVD20-01 and RVD20-02 (Figure 5) and elevated gold grades of up to 1.64 g/t Au over 1 metre were intersected (Table 2). Results confirm that the geochemical anomaly is in-situ and is an effective vector to subsurface mineralization.

RVD20-03 (Figure 5) was designed to test another geophysical anomaly identified by the Drillhole-Constrained 3D Magnetic Inversion Model. Drilling confirmed a magnetic body immediately following a shear zone at approximately 275 metres depth (Figure 7). The drill hole contained visible gold and bismuthinite associated with quartz-carbonate veining, as well as long intervals of anomalous gold and copper, locally returning grades up to 1.51 g/t Au over 2 metres (Table 2). The anomalous magnetic target was encountered where expected providing additional support to the accuracy and predictability of the 3D magnetic inversion model.

Table 3: Drill Hole Locations and Orientations4

 

 

 

 

 

 

 

Covid-19 Response

Triumph Gold is committed to the health and safety of its employees and contractors. With recommendations from the Yukon Government and Yukon Chamber of Mines, the Company developed and implemented infection prevention and control measures at the Freegold Mountain Project to help reduce and minimize the risk of potential COVID-19 transmission in the camp and related work sites. During the 2020 field campaign, employees, contractors, and visitors were regularly monitored for symptoms and required to adhere to federal and territorial regulations, as well as Company prevention policies outlined in the Triumph Gold Corp COVID-19 Operational and Emergency Response Plans. Visitors and cross-shifts were not permitted during the field program, and camp employees and service providers were sourced from Yukon, with the exception of Triumph Gold corporate management who strictly followed regulations and guidelines upon entering the Territory).

Sampling Methods and Qualified Person

Drill core samples ranged between 0.5 and 2 metres length and were cut at Triumph Gold’s core logging facility at the Freegold Mountain Project. The samples were analyzed by SGS Canada of Vancouver, British Columbia. They were prepared for analysis according to SGS method PRP89: each sample was crushed to 75% passing 2mm and a 250g split was pulverized to better than 85% passing 75 micron mesh. Gold was tested by fire assay with atomic absorption finish on a 30g nominal sample (method GE_FAA30V5), and samples that tested over 10 g/t Au were retested using a 50g sample and a gravimetric technique. Additional 33 elements were tested by ICP-AES using a four-acid digestion (method GE_ICP40Q12), over-limit samples for copper were retested using the same technique, but with ore grade four acid digestion and a higher range of detection (method GO_ICP42Q100). 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: A minimum of three quality control samples, consisting of blanks, certified reference standards and duplicates, are blindly inserted into each 75 sample batch. QAQC samples that return unacceptable values trigger investigations into the results and reanalysis of 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 Jesse Halle, P.Geo., Vice President Exploration for the Company and qualified person as defined by National Instrument 43-101.

Notes

1     Reported assays are uncut length-weighted averages and represent drilled core lengths. The true width of reported mineralization is unknown.

2      C.A. Main (1989) estimate should not be relied upon, as a Qualified Person has not done sufficient work to classify the estimate as a current mineral resource.

3     Gold equivalent [AuEq] is used for illustrative purposes, to express the combined value of gold, silver, copper, molybdenum, and tungsten as a percentage of gold for the Revenue-Nucleus area (porphyry related) and gold, silver, copper, lead, and zinc as a percentage of gold for the Mount Freegold Area (epithermal related). The lower detection limit for silver in assay package GE_ICP40Q12 is 2 g/t, therefore any samples that returned <2g/t have been excluded from all AuEq calculations. No allowances have been made for recovery loss that would occur in a mining scenario. AuEq is calculated on the basis of US$1,500 per troy ounce of gold (Au), US$18.00 per troy ounce of silver (Ag), US$3.00 per pound of copper (Cu), US$9.00 per pound of molybdenum (Mo), US$1.00 per pound of lead (Pb), US$1.25 per pound of Zinc (Zn), and US$13.00 per pound of tungsten (W). 4    Table coordinates presented in NAD83 (Zone 8N); Azimuths presented relative to UTM Grid.

About Triumph Gold Corp.

Triumph Gold Corp. is a Canadian based, growth-oriented gold exploration and development company with a district scale land package in mining friendly Yukon. The Company’s 100% owned, road accessible, flagship Freegold Mountain Project is located in the Dawson Range and is host to three NI 43-101 Mineral Deposits. The Project covers an extensive section of the Big Creek Fault zone, a structure directly related to epithermal gold and silver mineralization as well as gold-rich porphyry copper mineralization. The Company, led by an experienced management team, is focused on creating value through the advancement of its strategic “gold first” exploration program. For more information, please visit triumphgoldcorp.com.

On behalf of the Board of Directors

 Signed “John Anderson”

John Anderson, Executive Chairman and Interim CEO

 

 

For further information please contact:
John Anderson, Executive Chairman
Triumph Gold Corp.
(604) 218-7400
janderson@triumphgoldcorp.com

Nancy Massicotte
IR Pro Communications Inc.
(604) 507-3377
nancy@irprocommunications.com

Mars Investor Relations

(647) 557-6651

tig@marsinvestorrelations.com

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. 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.

Triumph Gold Corp $TIG $TIGCF

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DRAMATIC DEVELOPMENT

The Corona Crisis dramatically forced the growth of global debt to nearly USD 275 trillion as of the end of September 2020. What happens to this debt now? With certainty, it will never be repaid with money, which then also has a value. Instead, the debts will be devalued through hyperinflation, currency reforms and debt cuts. From the dilemma, one can escape by the purchase of gold or gold mine shares. Currently, gold is correcting after the highs of last August and prices above USD 2,060. At the current level of USD 1,850, one should build up initial positions. In the long term, we expect significantly higher prices of the precious yellow metal.

BUY THE LEVERAGE

An alternative to buying gold bars or gold coins is to purchase attractive gold mining stocks – these promises, in part, leverage on the gold price. One example is the share of the mineral exploration Company Triumph Gold, in which, among others, the industry giant Newmont Mining has a 12.8% stake, and the Zijn Mining Fund has a 9.8% stake. The Canadian Company’s flagship project is the wholly-owned Freegold Mining Project in Yukon. The area, which has an excellent infrastructure, is home to several deposits with great potential. The “Revenue” mine has copper-gold-moblyden-silver, the “Nucleus” mine has gold, and at “Tinta Hill,” many differentiated metals are found.

PROGRAM IN THE BAG

At the end of September, Triumph Gold had CAD 5.0 million in cash on hand, which secured the drill program for 2021. Yesterday, drill results for 2020 came in. The 2020 exploration program focused on test drilling near-surface gold targets in the Revenue-Nucleus and Mount Freegold areas. Nine holes were drilled for a total of 2,068.52 meters. All nine holes returned significant gold intercepts in unexplored or poorly explored areas. Currently, Triumph Gold’s shares are trading at EUR 0.13. The Company’s market capitalization is EUR 17.80 million.

www.triumphgoldcorp.com