Triumph Gold TSXV:TIG Gold discovery in the Yukon

1 year 6 months ago #124744 by RonS
RonS replied the topic: Triumph Gold TSXV:TIG Gold discovery in the Yukon
Good visit with VIT this morning. Stock is a great buy here

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1 year 9 months ago #124068 by lynnsa10
lynnsa10 created the topic: Triumph Gold TSXV:TIG Gold discovery in the Yukon
I noticed no topic on this one and I do own some shares, here is the latest news

Triumph Gold Announces Promising Drill Results from The Freegold Mountain Property, Yukon, Including 174 g/t Gold over 1 metre in the WAu Breccia

VANCOUVER, British Columbia, Dec. 11, 2019 (GLOBE NEWSWIRE) -- Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce results from RVD19-05, RVD19-06 & RVD19-07, the final three holes of the 2019 drill campaign on its 100% owned, 200 km2, road accessible Freegold Mountain Property in the Yukon Territory.

Triumph Gold President, Tony Barresi (Ph.D., P.Geo.), comments: “We are now even more convinced that a buried gold-rich porphyry system exists beneath the six kilometre long Revenue-Nucleus soil anomaly. Having completed seven of the deepest holes ever drilled on the property, we now have additional compelling evidence of a buried porphyry in each of the three areas tested, including long intersections of high-grade copper-gold mineralization, bonanza grade gold mineralization, an interpreted cupola (uppermost mineralized portion) of a causative intrusion beneath the WAu breccia, and clasts scavenged from another mineralized cupola 700 metres away in the Revenue Diatreme.”

Technical Highlights Include:
  • Intersection of high-grade gold mineralization in the WAu Breccia: 174 grams per tonne (g/t) gold (Au) and 43 g/t silver (Ag) over 1 metre* (m) in RVD19-06 from 391.00 – 392.00m (Table 1)
  • Intersection of three porphyry related mineralized zones in RVD19-06 (Table 1) at the WAu Breccia, demonstrating continuity of two, greater than 200m deep, mineralized bodies that were first intersected earlier this year in RVD19-02:
  • Hangingwall Porphyry (80.50m* of 0.66 g/t AuEq** from 60.00 – 140.50m)
    WAu Breccia (43.00m* of 0.98 g/t AuEq** from 391.00 – 434.00m, using a top-cut of 10 g/t Au, and 88.34m* of 0.57 g/t AuEq** from 453.00 to 541.34m)
  • Magnetite-chalcopyrite breccia in strongly potassic altered granite (36.21m* of 0.44 g/t AuEq** from 637.97 – 674.00m)
  • Verifying a high grade near surface oxide and supergene zone with RVD19-07 (Table 1), which collared along the south-central contact of Revenue Diatreme (12.00m* of 2.35 g/t AuEq* from 24.00 to 36.00m), and extending the known depth of mineralization below that zone from 63.70m (historical drill hole GRS84-07) to 147.50m (124.50m* of 0.57 g/t AuEq** from 23.00 to 147.50m in RVD19-07)
  • Multiple geological features indicating presence of, or proximity to, mineralized cupola(s) of a buried porphyry intrusion at both the WAu Breccia and Revenue West

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