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Triumph Gold Announces Results from Exploration Drilling in the Granger and Guder Zones
VANCOUVER, British Columbia, Oct. 24, 2018 (GLOBE NEWSWIRE) -- Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to
About this update from Triumph Gold Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 24, 2018 (GLOBE NEWSWIRE) -- Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the results of exploration drilling in the Granger and Guder zones on its 100% owned, road accessible, Freegold Mountain Property in the Yukon Territory. The Granger and Guder zones (Figure 1) are located in the central portion of a six kilometre long multi-element soil anomaly that also contains the recently discovered high-grade, gold-rich Blue Sky Porphyry over one kilometre to the east and the Nucleus gold deposit over 1.5 kilometres to the west. Granger Zone Six holes totalling 1,014 metres tested a shallow oxide gold target in the Granger Zone, which is located between the Revenue diatreme and Nucleus gold deposit. Historical exploration in this zone included trenching, rock sampling, with grab samples up to 45.5 g/t (grams per tonne) gold (Au), and percussion, RC (reverse circulation) and limited diamond drilling. Historical drilling intersected multiple shallow oxide gold intercepts, including 5.29 g/t Au over 13.71 metres in GRRAB-091 (from 3.05 metres to the bottom of the hole at 16.76 metres). Drilling in 2018 intersected variably oxidized mineralization in every hole, delineating a mineralized corridor over 200 metres strike-length and to a depth of at least 74 metres. The mineralized zone is open in all directions and to depth. Highlights of the results from 2018 Granger Zone drilling include: RVD18-33 with 18.39 metres of 0.98 g/t Au (2.95 – 21.34m) RVD18-29 with 18.00 metres of 0.61 g/t Au (53.00 – 71.00m) RVD18-30 with 55.21 metres of 0.45 g/t Au (18.84 – 74.05m) The geological setting and the style of mineralization in the Granger Zone are similar to the Nucleus gold deposit, located approximately 1.5 kilometres to the west. Mineralization is focused within a brecciated and highly altered roof pendant of metamorphic rock surrounded by the Revenue Granite and intruded by numerous quartz-feldspar porphyry and microgranite dykes. Table 1 - 2018 Granger Zone Drill Intersections Drill Hole From To Length*** Au Cu AuEq* CuEq* m m m g/t % g/t g/t RVD18-29 26.40 30.40 4.00 0.461 0.108 0.650 0.395 And 53.00 71.00 18.00 0.607 0.034 0.666 0.405 And 90.00 97.00 7.00 0.331 0.102 0.507 0.308 RVD18-30 18.84 74.05 55.21 0.446 0.054 0.539 0.327 RVD18-31 ...