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Triumph Gold Announces 2020 Drill Results including Near-Surface Gold Discoveries and Extension of the High-Grade Goldstar Vein
VANCOUVER, British Columbia, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Triumph Gold Corp. (TSX-V:TIG | OTCMKTS:TIGCF) (“Triumph Gold” or “the Company”) is pleased to an
About this update from Triumph Gold Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 26, 2021 (GLOBE NEWSWIRE) -- 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 d...