• Triumph Gold (TIG) has mobilized the first diamond drill and crews to the Freegold Mountain Project for its 2021 exploration program
  • Drilling will take place at the Revenue deposit, Nucleus deposit, Melissa zone, Irene-Goldstar corridor, and the Tinta Hill deposit
  • The goal of the drilling program is to add new inferred resources and upgrade inferred resources to indicated resources
  • Triumph Gold Corp. is a Canadian based, growth-oriented exploration and development company
  • Triumph Gold Corp. (TIG) remains steady, trading at $0.19 per share

Triumph Gold (TIG) has mobilized the first diamond drill and crews to the Freegold Mountain Project for its 2021 exploration program.

Drilling will take place at the Revenue deposit, Nucleus deposit, Melissa zone, Irene-Goldstar corridor, and the Tinta Hill deposit.

Phase I of the program consists of 8,000 metres of diamond drilling, 100 line-kilometres of ground geophysical surveying, 35 line kilometres of soil sampling, and surface trenching according to the following breakdown:

  • Approximately 3,000 metres of diamond drilling at the Revenue deposit;
  • 3,000 metres of drilling at the Nucleus deposit;
  • 1,500 metres of inaugural drilling at the Melissa zone;
  • 500 metres of step-out drilling in the Irene-Goldstar corridor;
  • Over 100 line-kilometres of ground magnetic geophysical surveying over the Irene-Goldstar corridor, Stoddart, Cabin, and Melissa zones; and
  • Approximately 6 line kilometres of HLEM geophysical surveying at the Tinta Hill deposit.

Jesse Halle, Vice President of Exploration for Triumph Gold, commented,

“Through a focused review and rebuild of the Freegold Mountain Project 3D model, the technical team has digested the entire data room and designed a comprehensive, multi-tiered exploration program – a process that has already added significant value to the project and will be instrumental in achieving Triumph’s strategic goals.”

The goal of the drilling program is to add new inferred resources and upgrade inferred resources to indicated resources at the Nucleus and Revenue deposits. The program will also aim to discover and develop mineralized zones outside the deposit areas.

The Freegold Mountain Project is located in the Dawson Range Copper-Gold Belt in the Yukon and covers an extensive section of the Big Creek Fault zone.

Triumph Gold Corp. is a Canadian-based, growth-oriented exploration and development company.

Triumph Gold Corp. (TIG) remains steady, trading at $0.19 per share as of 9:30 am ET.

More From The Market Online

Adyton to recommence work at its Feni Island Project

Adyton Resources (TSXV:ADY) gears up to restart work activities at its Feni Island Gold-Copper Project in Papua New Guinea.

This company starts production at what could be Canada’s next great gold mine 

IAMGOLD (TSX:IMG) is a Canadian-based intermediate gold producer and developer focused on mining properties in North America and West Africa.

Teck misses Q1 profit estimates on lower steelmaking coal sales

Canadian mining stock Teck Resources Ltd. (TSX:TECK.A and TECK.B; NYSE:TECK) misses Q1 profit estimates on Thursday.
The Market Online Video

Exploration company provides project portfolio update

Banyan Gold Corp. (TSXV:BYN) is focused on exploration and advancing and de-risking its AurMac Gold Project in the Yukon.