TSX.V: TIG
OTCMKTS: TIGCF
Frankfurt: 8N61
VANCOUVER, March 21, 2018 /CNW/ - Triumph Gold Corp.,
(TSX-V: TIG) (OTCMKTS: NFRGF) ("Triumph Gold" or the
"Company") is pleased to announce that a field crew has been
dispatched to the Freegold Mountain property to execute a 1,900
metre diamond drill program targeting the newly discovered porphyry
system in the Keirsten Zone (see PR # 17-13). Porphyry
related mineralization was first discovered in the Keirsten Zone
with drill hole KZ17-01 which tested the center of a 1.1 km
diameter intense (up to 180 milliradians) buried chargeability
high. The drill hole encountered rock that had been affected by an
extremely vigorous porphyry related hydrothermal system from 193
metres to the end of the hole at 603.50 metres. Phase 1
drilling will test new targets within and along the margin of the
chargeability high that were developed through application of a
porphyry model to the interpretation of existing geological and
geophysical data.
Phase 1 drilling is expected to commence on March 27th. The timing of Phase
1 capitalizes on frozen ground in the Keirsten Zone, which is
largely overlain by a swamp. The frozen ground will allow a
drill to be mobilized with minimal environmental impact from road
building, or expense from use of a helicopter. It also facilitates
early establishment of a camp and crew which will support spring-
and summer-long exploration activities, including an additional
approximately 16,100 metres of diamond drilling, trenching and
geophysical and soil geochemistry surveys.
Tony Barresi, VP Exploration of
Triumph Gold Corp., comments: "Phase 1 drilling of the Keirsten
Zone demonstrates Triumph Gold's commitment to test and advance the
exploration concept that Revenue and Nucleus are not discrete
deposits, but instead they are parts of a five- to
six-kilometre-long magmatic-hydrothermal mineralizing system with
porphyry and epithermal components. The Keirsten Zone is centred
almost exactly between the Revenue and Nucleus deposits and
represents a high priority exploration target as a potential core
or focus of the broad mineralizing system."
The technical content of this news release has been reviewed and
approved by Tony Barresi, Ph.D.,
P.Geo., VP Exploration for the company, and qualified person as
defined by National Instrument 43-101.
About Triumph Gold Corp.
Triumph Gold Corp. is a growth oriented Canadian-based precious
metals exploration and development company. Triumph Gold
Corp. is focused on creating value through the advancement of the
district scale Freegold Mountain project in Yukon. For maps and more information,
please visit our website www.triumphgoldcorp.com
On behalf of the Board of Directors
Signed "Paul Reynolds"
Paul Reynolds, President &
CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release contains forward-looking information, which
involves known and unknown risks, uncertainties and other factors
that may cause actual events to differ materially from current
expectation. Important factors - including the availability of
funds, the results of financing efforts, the completion of due
diligence and the results of exploration activities - that could
cause actual results to differ materially from the Company's
expectations are disclosed in the Company's documents filed from
time to time on SEDAR (see www.sedar.com). Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
The company disclaims any intention or obligation, except to
the extent required by law, to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
SOURCE Triumph Gold Corp.
