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.”
- 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
- Extension of the high-grade Goldstar Vein by over 85 metres down dip in IGC20-03 with
A video summary of today’s news release is available by clicking the following link:
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.”
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 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
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.
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.
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. 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.
Click here for full article: https://news.financial/comments/plug-power-triumph-gold-moderna-take-position-before-it-s-too-late
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.
Click link for full article: https://news.financial/comments/dynacert-plug-power-gamestop-only-flying-is-better
Breaking news! dynaCERT announced yesterday morning that the management of Verra (the only global certification body for carbon credits under the Verified Carbon Standard (VCS)) has approved DYA’s concept note. It includes securing so-called carbon credits through the use of DYA’s patented HydraGEN™️ and HydraLytica™️ telematics technologies on a global basis. Once again, this demonstrates dynaCERT’s firm commitment to maintaining Canadian leadership in the new hydrogen economy while partnering with high-level industry leaders like Verra.
Verra’s signing of the concept methodology is a critical hurdle that has now been cleared. It moves certification into the next phase, which is expected to take 2-4 months. Once certified, dynaCERT would be unique in that its systems would be used to directly account for CO2 emissions reductions via an installed and certified record. Thus, a transportation company is put in a position to be reimbursed directly by its local government for the credits, a significant cost-cutting factor in this margin-challenged industry. At the current price of USD 50 per ton of carbon saved, a single truck can generate up to USD 3,000 in carbon credits per year. Under dynaCERT’s pricing model, the credits would be split 50/50 between the user and the licensor. Assuming 100,000 units were on the road with the certified standard, this provides USD 150 million per year in recurring revenue for dynaCERT.
We assume that the market will closely follow which orders of magnitude dynaCERT can now sell on the market. Rumors have been swirling around dynaCERT for some time now, so we expect further concretization of operational tie-ups in the coming weeks, which will further promote the market penetration of dynaCERT technologies. Suppose one compares the share price movements of Nel ASA, Fuelcell Energy, Plug Power, or Ballard Power with dynaCERT. In that case, it is surprising that the last-mentioned Company, in particular, can demonstrate available solutions that can also be converted into sales within a very short time. Surprisingly, however, big money is still flowing into the big names because this is where the subsidy stream from the new US government is likely to hit directly.
Conclusion: dynaCERT currently has a stock market value of CAD 280 million – in contrast, Plug Power is priced at over USD 30 billion – that’s a factor of 100. You don’t have to be a math genius to see where the huge opportunity lies!
PLUG POWER – HYDROGEN MAKES DREAMS COME TRUE
The conviction that the transport and tourism industry generates the most significant adverse climate effects is not new. Most hydrogen companies have plans to address these issues as soon as possible. The shipping industry is slowly switching to LPG propulsion for newly built ships to banish heavy oil polluting from the world’s oceans. The only thing missing are the prominent shipowners, who are still happy to run their fleets according to the old standards as long as the operating permits allow them to do so.
dynaCERT can quickly provide a remedy in the transport industry. Plug Power and Nel ASA are taking the same approach and focusing on direct remedies for individual vehicles or entire fleets. When pure H2 propulsion is ultimately available depends on the outcome of the test operations in public transport, it is precisely here that the systems’ safety is being extensively tested. Plug Power currently still sees diesel as a popular fuel in almost all transportation areas – on water, on the road, on rails, or in the air. There are also smaller applications such as emergency generators for industrial plants, mobile communications technology, hospitals, power plants and buildings.
What they all have in common at the moment is the conviction that electric drives will not be able to replace diesel in the transportation sector; only hydrogen would be able to do that. The weight of the batteries alone for long distances would be many times greater than the hydrogen required. It is more than questionable whether a Plug Power share should be valued with a 1,400% price gain for this reason.
Triumph Gold Corp. is a growth oriented Canadian-based gold exploration and development company. The Company is focused on creating value through the advancement of the district scale Freegold Mountain Project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com
Triumph Gold’s Chairman & CEO, John Anderson, joins 121 Mining Investment Conference to provide a corporate presentation and update on their Freegold Mountain Project, Yukon.
Triumph Gold has a district scale 200 sq.km. project with three deposits and over over 2.1 M oz Au Eq in a resource estimate. The property has a government maintained road that runs throughout and Newmont Gold as one of their largest shareholders.
Exploring Yukon’s next gold district
Triumph Gold (TSX.V-TIG) (OTCMKTS: TIGCF) has a district scale land package in the highly mineralized Dawson Range Cu-Au belt.
Flagship property: Freegold Mountain project plus Tad/Toro property
Excellent infrastructure – road accessible property close to electrical grid in mining friendly Yukon with existing mines and world class projects
$6 million in cash – funded exploration for 2021
Strong Leadership – Experienced team with collective history of exploration success, technical acumen, and capital raising ability
2 Million Oz of contained AuEq – Three NI-43-101 Mineral Resource Estimates on the Freegold Mountain Project: Revenue, Nucleus and Tinta
Click this link for updated Corporate Presentation:
The magnitude developing for dynaCERT Inc. fuel saving & Carbon Emission Reduction Technology positions the Company as a leader in the ESG investment sector.
dynaCERT Inc. (TSX:DYA)
HG technology is proven to result in up to 88.7% reduction in NOx emissions, ~50% reduction in CO, 6-19% reduction in CO2, ~57.1% reduction in Total Hydrocarbon, 55%+ reduction in particulate matter”
NEW YORK, NY, UNITED STATES, October 1, 2020 /EINPresswire.com/ — dynaCERT Inc. (TSX: DYA) (OTCQB: DYFSF) (Frankfurt: DMI) is the subject of a Market Equities Research Group Market Bulletin, the full copy of which may be viewed at https://marketequitiesresearch.com/marketbulletin-dynacert-esg-powerhouse-Oct1-2020.htm online. The following is an excerpt.
dynaCERT Inc. recently graduated to trading on the Canadian TSX Big Board. As a condition, prior to listing transition, the TSX exchange required dynaCERT do one capital raise based on a brokered deal (despite the fact the Company did NOT require the funds). Demand to participate was exceptionally high and as a result 5 brokers came together as a consortium, acknowledging the future is so bright for dynaCERT that they all wanted to be part of this emerging Environmental, Social and Governance (ESG) investment. HG Carbon Emission Reduction Technology has taken many years (~C$60 million) to perfect and is now just beginning to scale, with major potential as the only company with the patents and technology, proven, in production, able to provide an immediate solution to reduce global air pollution. The broker consortium did a bought deal, raising C$21 million from institutions overnight, however dynaCERT paired it down and accepted ~C$8M.
dynaCERT is now recognized in important circles as the future of carbon credits. The United Nations has certified dynaCERT’s product under its Smart Sustainable Cities Program. Additionally, earlier this year, dynaCERT’s CEO was invited to be a keynote speaker at the World Climate Summit in the UK (originally scheduled for November-2020), they asked the CEO to speak on the world’s carbon credits and the future of the world’s carbon credits. Due to COVID19 the summit has been postponed until the later part of 2021, but the fact dynaCERT is earmarked as a keynote guest speaker speaks volumes to the level of coordinated governmental support for dynaCERT’s carbon credit tracking/auditing technology to be advanced globally as the only universally accepted standard ready for mass adoption. See overview further below of dynaCERT’s proprietary HydraLytica™ tracking & auditing software, how it is key for the Company’s carbon credit plans, and just how big this is setting up to be.
dynaCERT Inc. is looking exceptionally strong on all fronts. The Company has re-emerged from the COVID-19 hiatus financially healthy and appears just now entering a hockey-stick pattern of growth. Shares of DYA currently trades under C$1/share and present an opportunity for investors to experience extraordinary gains. In fact, the Company’s CEO, Jim Payne, minces no words, he clearly envisions dynaCERT eventually growing to becoming a Fortune 500 company. The independent investment bank GBC AG, headquartered in Augsburg, Germany upgraded (in August-2020) its near-term price target for DYA to $2.20/share, and sees a mid-term pathway to even significantly higher valuations. There are over 1 billion diesel engines in the world, including over 200 million diesel trucks — dynaCERT’s HG units are just starting to penetrate various industrial sectors, plus there is the entire carbon credit division with dynaCERT taking the lead globally, it is still under development and yet to begin monetization; some investment pundits have stated a pathway to >$20+/share near to mid-term is not unreasonable with the right news flow.
A class-8 engine HG-1 unit goes out the door to a dealer for ~C$6,200 to dynaCERT netting 50% gross margins – the math will reach in the multi-billions of dollars in short-order as this takes off globally. Haywood Securities performed an upside case (3 shifts/day = 72,000 units/yr) based on dynaCERT’s current production capacity of HG-1 units at its facility in Toronto, Ontario and derived C$223M/annum in gross profit headed dynaCERT’s way. Then there is the potential for refrigeration HG2 units (reefer units); there are three times the number of reefer units than there are class-8 trucks and many of these reefer units run 24/7 keeping food cold. Then add in the future potential for recurring revenue streams from carbon credit revenue as an attractive added value proposition. dynaCERT now has ~40 dealers worldwide and is looking at serious growth potential. In Europe the MOSOLF Group has taken the lead in Europe, opening dedicated showrooms, and hiring scores of new employees dedicated 100% full-time to marketing and installation of dynaCERT’s HG technology in Germany, France, Benelux, and Poland. Additionally, the recent (August 31, 2020) addition of the Alltruck Network in Europe is major and should contribute toward exploding growth (Alltruck has over 800 centers across Europe). Already dynaCERT is in discussion with other counties (e.g. India and Mexico) to build plants.
Emerging from COVID-19, the Company has more than adequate cash reserves (~C$20M cash entering September-2020 and virtually no significant debt), a better Assembly Plant, an improved R&D facility, significant product improvements, and is working on clearing a continued backlog of previously announced purchase orders, additionally new orders (including many reorders from highly satisfied clients looking to expand adoption of the technology that saves them money) continue to come in at an increasingly faster rate. For example, just this month, the Company announced that it has agreed to equip diesel powered vehicles of the City of Woodstock, Ontario.
Below is an overview of dynaCERT’s unique and proprietary technologies broken into three categories:
1) HydraGEN TM,
2) HydraLytica TM, and
3) dynaCERT’s carbon credit management system.
1) dynaCERT’s HydraGENTM technology is proven through multiple top-level independent lab studies in various jurisdictions around the globe (TUV North and South in UK, PIT Group in North America, ICAT in India, labs in the UAE, etc…) to reduce harmful emission in diesel transport trucks and improve fuel economy. Transport trucks were dynaCERT’s first target market, the Company now makes different sized HG units and more industries are starting to adopt the technology — look for exponential growth across multiple sectors.
See https://marketequitiesresearch.com/marketbulletin-dynacert-esg-powerhouse-Oct1-2020.htm online for full copy of the Market Bulletin.
This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.
Market Equities Research Group
VANCOUVER, British Columbia, June 29, 2020 — Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph” or the “Company”) announces that Tony Barresi has resigned as a director and the President of the Company and Joe Campbell has resigned as a director of the Company. Tony Barresi will continue to act as a Technical Advisor to the Company. The Company wishes to thank Mr. Barresi and Mr. Campbell for their contributions to the Company, in particular Mr. Barresi for his geological leadership over the past 3 years in discovering the Blue Sky Porphyry and advancing many of the other projects on the Freegold Mountain Project in the Yukon. “We are thankful for the contributions Tony has made at advancing all of our projects and fortunate for his continued support working with Jesse Halle, our VP Exploration,” said Chairman John Anderson.
The Company is pleased to announce that Mr. Brian Bower has agreed to accept a position as Lead Director of the Company. Mr. Bower has over 30 years’ experience as an exploration and mine geologist working primarily in British Columbia and Yukon. “Mr. Bower’s extensive experience in supporting strong technical teams were instrumental in developing projects like the New Afton Mine, the Kemess South deposit, the Blackwater project and the Mount Milligan deposit in British Columbia. He has also worked on the Casino deposits advanced exploration program in the Yukon.” said Mr. Anderson. “We are excited to have Brian join us as an active participant in expanding our team and rapidly growing the Company beyond its exploration stage. This is a great step forward for Triumph Gold Corp.”
About Triumph Gold Corp.
Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain Project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com.
On behalf of the Board of Directors
Signed “John Anderson”
John Anderson, Executive Chairman