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Triumph Gold Intersects 46.28 metres of 0.54 g/t Au and 0.53 g/t Ag including 4.50 metres of 2.00 g/t Au and 1.57 g/t Ag in the Oxide Zone at Nucleus, Freegold Mountain Project, Yukon
VANCOUVER, British Columbia, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Triumph Gold Corp. (TSX-V: TIG | OTCMKTS: TIGCF | Frankfurt: 8N61) (“Triumph Gold” or “the Compan
About this update from Triumph Gold Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Triumph Gold Corp. (TSX-V: TIG | OTCMKTS: TIGCF | Frankfurt: 8N61) (“Triumph Gold” or “the Company”) is pleased to announce results from 755.90 metres of diamond drilling in 2 holes from the Nucleus Deposit at the Freegold Mountain Project (Figure 1). Highlights include 4.50 metres of 2.00 g/t Au and 1.57 g/t Ag within 46.28 metres (“m”) of 0.54 g/t Au and 0.53 g/t Ag in N21-02 within the oxide zone returning 83% gold recovery through cyanide solubility analysis (AuCN/AuFA). The Nucleus Deposit is made up of zones of Au-Ag-Cu epithermal and Au-Cu-Ag skarn mineralization. Four holes were drilled testing the “four corners” of the Au $1500 pit shell from the 2020 Mineral Resource Estimate (PR-20-02). The purpose of the four holes was to test mineralization continuity, confirm the depth of the oxide-sulphide boundary and test heap leach gold recovery through cyanide solubility (AuCN/AuFA) through both fire assay and cyanide analysis for gold. The calculated ratio of cyanide gold (AuCN) over fire assay (AuFA) gold generates an estimate for gold recovery (AuCN/AuFA). The results of the first two holes (N21-01 and N21-02) drilled on the southern corners of the pit shell are presented in this release. Highlights: During the 2021 exploration program, two drill holes were completed on the southern corners of the Nucleus Deposit totaling 755.90 metres (Figure 2, Tables 1 and 2). Drilling expanded mineralization and confirmed bulk tonnage mineralization from the 2020 Resource Model (PR-20-02) Drilling encountered multiple styles of mineralization including epithermal veins, sulphide breccias and disseminations, skarn, and sulphide replacement Drilling confirms the presence of a strong oxide profile across the proposed open pit with cyanide solubility ratios (AuCN/AuFA) up to 87% in N21-02 128 samples were analyzed: 50 in the oxide zone, 78 in the sulphide zone N21-01 intersected 31.75 metres of 0.54 g/t Au and 1.72 g/t Ag from 52.50 metres in the sulphide zone Including 1.03 g/t Au and 2.20 g/t Ag from 67.00 to 79.30 metres N21-02 intersected 46.28 metres of 0.54 g/t Au and 0.53 g/t Ag from 13.72 metres in the oxide zone Including 2.00 g/t Au and 1.57 g/t Ag from 28.50 to 33.00 metres N21-02 intersected 8.00 metres of 0.74 g/t Au and 1.21 g/t Ag from 61.5 metres in the sulphide...