Triumph Gold Corp(TSXV:TIG)

Triumph Gold Corp is a Canadian mineral exploration company currently focused on its 100% owned Freegold Mountain Project in Yukon.

Investor website: https://triumphgoldcorp.com/

About

Triumph Gold Corp is a Canadian mineral exploration company currently focused on its 100% owned Freegold Mountain Project in Yukon. This road accessible property is located in the Dawson Range gold-copper belt, host to the Casino Copper Deposit, the Coffee gold Deposit and the Klaza gold Deposit. Triumph Gold Corp has an experienced leadership team with a collective history of exploration through to mining success as well as proven capital raising ability.

Verified company data

Cash position
not discovered
Shares outstanding
52606600
Fully diluted shares
75677224
Mineral resource
Since Triumph Gold acquired the property in 2006 more than 20 mineralized zones have been identified and NI 43-101 mineral resources have been delineated at the Revenue Au-Ag-Cu-Mo porphyry-related deposit, Nucleus Au-Ag-Cu deposit and the Tinta Hill Au-Ag-Cu-Pb-Zn vein-related deposit.
Projects
["Freegold Mountain\nOverview\nSummary\nThe road accessible, district scale (~200 sq. km) Freegold Mountain gold-copper project is located within the Dawson Range, approximately 70 km northwest of Carmacks, Yukon, a stable, mining friendly jurisdiction in northwestern Canada. Since Triumph Gold acquired the property in 2006 more than 20 mineralized zones have been identified and NI 43-101 mineral resources have been delineated at the Revenue Au-Ag-Cu-Mo porphyry-related deposit, Nucleus Au-Ag-Cu deposit and the Tinta Hill Au-Ag-Cu-Pb-Zn vein-related deposit. The company continues to aggressively explore, building ounces at the existing deposits and evaluating the multitude of other targets located on the property.\n\nA District-Scale Project in an Emerging Mining Camp\nThe project is situated within the Dawson Range which is also host to Newmont Corporation’s Coffee deposit, Western Copper and Gold’s Casino project, Copper North’s Carmack’s Copper project and Rockhaven’s Klaza deposit. Within the district, the Big Creek Fault is recognized as a controlling structure related to many of the most important deposits. Triumph Gold’s Freegold Mountain project is ideally situated within the Dawson Range along one of the only road accessible portions of the Big Creek Fault.\n\nProperty Geology and Deposit Styles\n\nThe Freegold Mountain Project is underlain by Mesozoic granitic rocks with lesser Paleozoic meta-sedimentary basement rocks. The project area spans two geologic terranes where the Tinta Hill deposit is within the Stikine terrane and the Revenue and Nucleus deposits lie within the Yukon-Tanana terrane. The project lies along a 30 kilometre-long segment of the regionally important Big Creek fault, which is associated with mineralization along its full length into Alaska.\n\nDuring the Middle and Late Cretaceous period, the Freegold Mountain portion of the Big Creek fault was affected by transtensional faulting between two fault strands, resulting in a zone of near-surface crustal dilation and emplacement of voluminous magma bodies. Late Cretaceous reactivation of the fault resulted in the emplacement of syn-tectonic intrusions and an associated hydrothermal system with an unusually-rich metal endowment.\n\nGeological evidence from the six-kilometre-long Revenue and Nucleus deposit area overwhelmingly supports a massive, evolving hydrothermal system. Early, high-temperature Cu and Au-rich mineralization at Revenue is cross-cut by quartz-feldspar-porphyritic dikes and lower-temperature mineralization associated with the Revenue diatreme breccia. The flanks of the hydrothermal system are characterized by low-temperature gold bearing epithermal veins and breccias of the Nucleus deposit, and distal polymetallic veins. The characteristics of the Revenue and Nucleus hydrothermal systems are typical of Au-Cu Porphyry deposits, the primary source of the worlds gold and copper production.\n\nThe Freegold Mountain property encompasses several other copper-gold porphyry exploration targets including the Stoddart, Cabin, Nitro, and Castle zones. Outboard of the porphyry targets are a number of gold-rich epithermal vein showings including Irene-Goldstar Corridor (other epithermal deposits), Ridge, Goldy and Dart, and gold-rich skarn showings. Tinta Hill is an intrusion-hosted Cu-Au-enriched polymetallic vein-type deposit. These showings, along with over a dozen others on the property, are at various stages of exploration\n\nTriumph Gold is committed to increasing shareholder value through continued exploration on the Freegold Mountain property, leading to further resource definition, and by identifying new exploration opportunities.","Tad/Toro\nSummary\nThe 6,474 hectare Tad/Toro Project, NTS map sheets 115I/5 & 12 and 115J/8 & 9, is located on Hayes Creek, within the Dawson Range of central Yukon, 100 km northwest of Carmacks, which is 177 km by road from Whitehorse, Yukon. The property is situated in the Whitehorse Mining District with a latitude and longitude of 62o33’N, 137o57’W. The claims are registered to Triumph Gold Corp. Ltd.\n\nThe Tad/Toro Project is situated within the 100 km long Big Creek portion of the 250 km long Dawson Range Copper-Gold Belt, which hosts several deposits and mineralized showings of several deposit models including calc-alkalic porphyry copper-gold-molybdenum, intrusion related gold, associated adjacent epithermal vein and breccia systems and peripheral polymetallic veins.\n\nDeposits within the belt are hosted by similar rocks to the Tad/Toro Project and include the Casino porphyry copper-gold-molybdenum deposit (55 km northwest of the Tad/Toro Project), the Laforma low sulphidation epithermal vein deposit and the Antoniuk intrusion related gold deposit (60 km southeast of the Tad/Toro Project). Strong similarities exist with the Nucleus deposit on Triumph Gold’s Freegold Mountain Project (40 km southeast of the Tad/Toro Project).\n\nThe Tad/Toro Project is primarily underlain by quartz-hornblende-biotite granitic rocks of the Mid Cretaceous Dawson Range Batholith, including the Coffee Creek granite phase, that intrude meta-igneous and meta-sedimentary rocks of the Yukon-Tanana Terrane. The above units are intruded by quartz feldspar porphyry stocks and dykes of the Late Cretaceous Prospector Mountain Suite, which are known to be associated with gold and copper mineralization within this belt, and are overlain by basalt flows of the Upper Cretaceous Carmacks Group.\n\nMineralization consists of disseminated pyrite within the Tad porphyritic intrusion and narrow sphalerite, galena, and arsenopyrite bearing quartz veins in breccia zones and northerly trending fault zones. The pyrite mineralization may represent a halo to a porphyry copper-molybdenum-gold system. Molybdenite occurs within altered potassium feldspar megacrystic quartz monzonite in the Moly Zone in the eastern property area.\n\nHistoric drill core from the Main Zone exhibits extreme oxidation with many unsampled oxidized and brecciated sections. A supergene enrichment zone occurs near the top of many of the drill holes in the centre of the mineralized zone. The sulphide minerals are oxidized to a depth of 80m and the gold-bearing oxide zone lies in brecciated and intensely altered quartz monzonite porphyry, below which is a hypogene zone containing up to 10% disseminated pyrite in porphyritic granite.\n\nHistorical drill results from the Main Zone include 1.05 g/t Au and 19.5 g/t Ag across 7.15m including 4.11 g/t Au and 50.1 g/t Ag across 1.06m from DDH T69-2, 1.37 g/t Au and 30.2 g/t Ag across 0.91m from DDH T70-9 and 0.69 g/t Au and 116.6 g/t Ag across 0.3m from DDH T70-12, despite extremely limited sampling of the core. Sampling in 2007 of an unsplit drill interval from DDH T70-12 in 2007 returned significant results of 1.13 g/t Au and 8.7 g/t Ag over 7.9m, including 5.07 g/t Au and 29.5 g/t Ag over 0.9m indicating that the remaining unsplit core from the 1969-70 drill program should be split and sampled.\n\nThe Nit occurrence, also on the Tad/Toro property, comprises three large gold soil geochemical anomalies that have not been adequately tested by trenching or drilling. Limited trenching in 1986 indicated a host rock of intensely clay-altered Coffee Creek granite with heavily oxidized quartz veining and faulting. Values in the old trenches that require further investigation include 0.46 g/t Au and 26.1 g/t Ag over 37.8m, and 0.55 g/t Au and 106.6 g/t Ag over 30.0m.","Big Creek\nSummary\nThe Big Creek Copper-Gold Property was acquired from Teck Resources Limited in February 2021. The Property consists of 258 contiguous quartz mining claims in the Whitehorse Mining District of Yukon (NTS sheets 115I/05 and 115I/12) and borders Triumph Gold's 100% owned Tad/Toro property to the northwest, significantly expanding the Company's interest in the Dawson Range Gold District (Figure 1). The adjoining properties are located along the prolific Big Creek Fault and the planned extension of the Mt. Freegold Road by the Yukon Resource Gateway Project. The existing 85-kilometre-long Mt. Freegold Road provides access to all portions of the Company's flagship Freegold Mountain Project located approximately 15 kilometres southeast of the newly acquired Property. The Yukon Government recently announced a second Resource Gateway Project agreement with Little Salmon/Carmacks First Nation, involving mining-standard upgrades to the three bridges along the existing Mt. Freegold Road.","Andalusite Peak\nSummary\nExploration of the Andalusite Peak property in 2018 included prospecting and alteration mapping that resulted in discovery of two mineralized trends in the footwall of a thick alteration blowout characterized by an intermediate to advanced argillic alteration assemblage. The mineral claim cover a zone of alteration that is the center of a 27-kilometer stretch of intermediate to advanced argillic alteration containing assemblages of quartz-sericite- clay-pyrite (van Straaten and Gibson 2017). This stretch of alteration is delimited on either side of the Andalusite Peak property by occurrences of porphyry-style mineralization and quartzsericite- pyrite alteration with local K-feldspar-magnetite alteration assemblages, found on the Tanzilla property, 11 km to the northwest (Kaizen Discovery), and the McBride property, 12 km to the southeast (Teck Resources).\n\nLocation\nThe Andalusite Peak property is located approximately 36 km southeast of Dease Lake, BC, and 410 km north-northwest of Smithers, BC, within the Stikine Plateau of the Liard Mining Division (Figure 1). At a larger scale, the property specifically lies northeast of Horn Mountain, abutting Glacial Lake to the east, at a latitude of 58o 16’ 33” N and longitude of 129o 28’ 40” W (UTM NAD83, Zone 9N) and on NTS 104 I/5, 6; BCGS 104I 023.\n\nGeology\nThe Andalusite Peak property is located along the northeastern margin of the Stikine terrane. Stikinia is an allochthonous Triassic-Jurassic island arc complex built upon para-autochthonous Devonian to Permian carbonate and metavolcanic units (Stikine Assemblage) outboard from the western Laurentian margin prior to accreting to ancestral North America (Mihalynuk et al. 1994; Nelson and Colpron 2007). The volcanic and related sedimentary rocks of the Late Triassic Stuhini Group and Lower Jurassic Hazelton Group are the dominant exposed Stikinia units in the northern part of the terrane (Currie and Parrish 1997). The Lower Cretaceous Bowser Lake Group and Upper Cretaceous Sustut Groups are postaccretionary clastic sedimentary units that overlie the Stikinia volcanic rocks (Evenchick and Thorkelson 2005).\n\nThe tenure is in the northern part of Stikinia, termed the ‘Stikine Arch’ in British Columbia, where plutonic suites are associated with large Cu-Au-Ag+/-Mo porphyry-style mineral deposits (e.g., KSM, Galore Creek, Schaft Creek, Red Chris, Kemess; Figure 3). Intrusive suites that occur within Stikinia include the Forest-Kerr (Devono-Carboniferous), the Stikine and Copper Mountain (Late Triassic), the Texas Creek and Cone Mountain (Early Jurassic), and Three Sisters (Middle Jurassic; Anderson 1983, 1993; Brown et al. 1996; Logan et al. 2000). Plutonic rocks in the mineral tenure area include those of the mid- to Late Triassic Stikine suite (Cake Hill pluton, south-southwest of the tenure), the Middle Jurassic Three Sisters suite, and the early Late Jurassic Snowdrift Creek pluton (van Straaten and Gibson 2017).","Utah Silver\nSummary\nThe Coyote Knoll project has seen limited exploration since discovery in 1988 by Terry and Robert Steele when working for Independence Gold Mining. The property consists of 83 lode mining claims and two State Metalliferous Mineral Leases for a total area of approximately 3000 acres. During 1989 and 1990 Independence Gold and Freeport-McMoRan conducted surface sampling, trenching and reverse circulation drilling. Drilling found two excellent intercepts of silver and gold mineralization in two previously reported drill holes (CK-141. and CK-23) contained within or proximal to the historic open pit. CK-14 has an intercept of 8.19g/t Au and 1,060g/t Ag over 1.52 m from 9.14 m downhole and CK-23 has an intercept of 2g/t Au and 814g/t Ag over 1.52 m from 45.72 m downhole.\n\nIn 2012 Amnor Energy held the property and completed a 12 ton representative sample that was collected, crushed and processed by gravity separation. The average head grade of the material was reported to contain 0.13 ounces per ton gold and 43.6 ounces per ton silver. The first pass gravity processing recovered just under 50% of the gold and silver. Metallurgical testing returned recoveries of gold and silver at 90% using flotation milling or leaching.\n\nLocation\nCoyote Knoll is located in central Utah, approximately 85 Km south of Bingham Canyon Cu-Mo-Au Porphyry deposit and 40 km southwest of the city of Eureka. Eureka is historically associated with the Tintic Mining District, which has been a major producer of gold, silver, lead, and zinc from both epithermal and Carbonate Replacement Deposits (CRD). The Tintic District is known for its productive mining history and the potential for undiscovered porphyry systems. Access to the property is vis US highway 6 and well graded gravel roads maintained by Juab County. Rail and power lines are also within close proximity to the project. The 83 lode mining claims are located in parts of sections 33 & 34 of T11S, R6W, sections 4, 5, 6 & 9 of T11S, R7W and section 1 of T12S, R7W, Sal Lake Base and Meridian, Juab County, Utah. The two state leases are section 32 of T11S R6W and section 2 of T12S R7W, Juab County.\n\nGeology\nThe Coyote Knoll project area includes Oligocene-Eocene intermediate to felsic intrusions and associated lavas. Intrusions are hosted in a Proterozoic wall-rock that appears to be dominated by quartzite and lesser limestone. Caldera-collapse ring-structures have been inferred throughout the property and may be broadly related to some of the outcropping intrusions and lavas.\n\nThe main mineralizing structure strikes east-west (070°) dipping steeply towards the NNW. This main Coyote Knoll trend host multiple fluid textures including silica flooded pebble clastic fault breccia’s commonly referred to as a pebble dyke along with jasperoid and chalcedony infilling. The two bulk samples were mined from this area targeting native silver and gold mineralization as well as silver sulphide compounds. Mapping and trenching also identified epithermal veining striking northwest-southeast associated with a low angle thrust fault and hosts anomalous silver, gold as well as epithermal pathfinder elements (Sb, As, Mo, Cu, Pb, Zn) within quartz-carbonate and jasperoid Infilling.\n\nThe geological setting at Coyote Knoll has important similarities to the Tintic mining district where epithermal precious metal mineralization is hosted within fissure veins that crosscut quartzite, dolostone and volcanic stratigraphy. In the Tintic district quartzites can trap mineralizing fluids providing a ponding effect forming base metal Carbonate Replacement Deposits (CRD) hosted in underlying limestones and dolostones as seen at the Burgin, and Tintic Standard mines. Coyote Knoll hosts similar stratigraphy and carbonate replacement mineralization remain an exploration target in areas where mineralized structures interact with dolostone and limestone units.\n\nDuring the Coyote Knoll site visit (March 25-27), Triumph Gold confirmed the presence of epithermal mineralization through geological surface grab sampling along known areas of mineralization. Samples returned up to 795 g/t Ag and 1.58 g/t Au from within the historic open pit (Table 3). During this period the company also toured the underground high-grade Trixie gold mine to better understand the regional geological setting of the Tintic Mining district."]
Leadership
Management & Directors John Anderson Interim CEO, Chairman of the Board & Director John Anderson has over 20 years of Capital market experience specializing in the resource sector. He was a founder and Financier of many start up companies with experience on the TSX, NYSE, NASDAQ and London AIM and Swiss Stock Exchange. He was a founder of Deep 6 PLC, American Eagle Oil and Gas as well a founding general partner in Aquastone Capital LLC, a New York based gold fund. Anderson has raised more than $35 million for Triumph Gold (formerly Northern Freegold). Prior to this, he worked in Investor Relations at Bema Gold and corporate Development at Manulife Financial in commercial real estate development. Marty Henning, P. Geo Principal Geologist Marty has 15 years of grassroot to brownfield exploration and mining experience including 10 years focused at the New Afton block cave mine. He has worked with strong technical teams leading geological studies related to resource expansion, geometallurgy, environmental, structural interpretation, and mine planning. He is well versed in Canadian Cordillera geology and has lead exploration programs targeting copper-gold porphyry, gold-silver epithermal and intrusion related gold deposits. Mr. Henning holds a B.Sc. (Hons) in Geology from the University of British Columbia Okanagan specializing in applied geochemistry. Jesse Halle, P. Geo Vice President Exploration Jesse is a professional geologist with over 20 years of geoscience related exploration in senior and technical roles, and is a Managing Director at Halle Geological Services Ltd. Jesse obtained a B.Sc (Environmental Science) from the University of Toronto, a B.Sc (Honours Geology) from Lakehead University, and has since worked on numerous base and precious metal deposits In Canada and US. He has helped advance multiple porphyry copper-gold deposits in Yukon and BC, including Western Copper and Gold’s Casino deposit and Copper Mountain Mining’s Copper Mountain deposit.' Rakesh Patel Chief Financial Officer Rakesh Patel is a partner in the Audit and Assurance Group at DMCL Chartered Professional Accountants. He provides audit and advisory services to Canadian and US private and public companies. He specializes in guiding private companies entering the public markets and assisting them with the registration process. He also has extensive knowledge of Canadian and US securities rules relating to the public markets, initial public offerings, prospectuses and mergers and acquisitions. Rakesh Patel Chief Financial Officer Rakesh Patel is a partner in the Audit and Assurance Group at DMCL Chartered Professional Accountants. He provides audit and advisory services to Canadian and US private and public companies. He specializes in guiding private companies entering the public markets and assisting them with the registration process. He also has extensive knowledge of Canadian and US securities rules relating to the public markets, initial public offerings, prospectuses and mergers and acquisitions. Paul Cowley, P.Geo. Director Mr. Cowley is President and CEO of Phenom Resources Corp. (PHNM - TSX.V) and Indigo Exploration Inc. (IXI – TSX.V). For over forty years, Mr. Cowley, P.Geo. has held technical and managerial positions exploring for gold, base metals, diamonds, industrial minerals and coal worldwide. He has extensive experience in a major company setting based in Canada and South America (18 years with BHP Minerals). Projects include the Escondida world-class copper mine in Chile, Country Manager for Bolivia, and the Ekati diamond mine and the Slave gold project in the Canadian arctic. As manager of the Slave Gold Project, his team discovered and advanced 4 gold deposits amounting to over 6 million ounces of gold. Mr. Cowley also has extensive involvement in junior mining companies at President/CEO, VP Exploration, consultant and directorship levels. Mr. Cowley was instrumental in putting the Lexington-Grenoble gold-copper mine in BC into production, in doubling the resource at the polymetallic and precious metal J&L deposit in BC and adding resources at the Wolverine VMS deposit in the Yukon. Mr. Cowley has experience in permitting projects from exploration to production as well as consulting and successfully negotiating an Impacts and Benefits Agreement with Canadian First Nation. Mr. Cowley is a Professional Geologist, P.Geo. and the Qualified Person for First Vanadium Corp. Marco Strub Director Marco is a principal of Sircon AG, a consulting and investment research company based in Zurich, Switzerland, and was formerly a partner of Exulta AG, a portfolio management company from 1997 to 2003. He is an Independent Director of Triumph Gold Corp., and Canada Zinc Metals Corp. (Formerly: Mantle Resources Inc.). He has also been a Director of Open Gold Corp (aka, Range Capital Corp) since 2009 and Mexigold Corp. (formerly, BCY Resources Inc.) since 2011. He served as a Director at Margaret Lake Diamonds, Inc. (JDV Capital Corp.) from 2011 to 2014, and as a Director of MVE Capital Corp. since 2007. He received a Master of Arts degree from the University of St. Gallen, Switzerland in 1982. Gregory Sparks Director Mr. Sparks is a registered Professional Engineer and is currently the Managing Director–Metals of John T. Boyd Company Mining and Geological Consultants. He has over 40 years of diverse experience relating to surface and underground mines and plants. Greg has held numerous senior executive roles for both exploration and development projects. Previously he was the General Manager of Genex Construction LLC, a heavy civil construction firm. He was formerly Vice President, Development of Echo Bay Mines Ltd. Mr. Sparks has a B.Sc. in Mining Engineering from the Missouri School of Mines. Emily Halle, PMP Project Manager Emily is a co-founder, geologist, and managing director at Halle Geological Services Ltd based in Halifax, Nova Scotia. She has over a decade of successful exploration and program management experience focused on porphyry copper and gold systems in British Columbia and Yukon, but has also been involved with mining and exploration projects in South Africa, Alaska, and Eastern Canada. Emily received a Bachelor of Commerce and Bachelor of Science in Geology from Saint Mary’s University, is a certified Project Management Professional with the Project Management Institute, and a Fellow for the Society of Economic Geologists. Donna Moroney Corporate Secretary Donna is President of Wiklow Corporate Services Inc., a Vancouver company that provides corporate secretarial services and other services to public companies. She has over 30 years of extensive experience in regulatory and corporate compliance in both Canada and the United States, and as a senior officer for various public companies, and has instructed and provided training in regulatory compliance. As President and owner of Wiklow Corporate Services Inc. since 2008, she assists companies in the resource, financial and technology sectors in maintaining the securities and exchange demands on public companies, as well as keeping them up-to-date on relevant issues, policies and working practices.

Verified data last updated: 2026-05-26

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