GOLD: Triumph updates Freegold resources

YUKON – A resource update for three deposits at Triumph Gold’s 200-sq.-km Freegold Mountain property features total open-pit indicated resources of 42.4 […]
Freegold property map Credit: Triumph Gold

Topics

Commodities

Regions

Tags

Companies

[caption id="attachment_1003733632" align="aligncenter" width="550"]Freegold property map Credit: Triumph Gold Freegold property map Credit: Triumph Gold[/caption] YUKON – A resource update for three deposits at Triumph Gold’s 200-sq.-km Freegold Mountain property features total open-pit indicated resources of 42.4 million tonnes grading 0.73 g/t gold-equivalent for a total of 1 million oz. Additional open-pit inferred resources stand at 35.3 million tonnes grading 0.74 g/t gold-equivalent totaling 842,000 oz. with a further inferred underground component at two of the deposits of 3.8 million tonnes at 1.99 g/t gold-equivalent for a total of 244,000 oz. Triumph plans to maintain a near-term focus on exploration and discovery at the Freegold property. This resource update incorporated the Nucleus, Revenue and Tinta deposits. Nucleus is an epithermal-style gold-silver-copper deposit while Revenue is a gold-silver-copper-molybdenum-tungsten deposit 4 km southeast of Nucleus that remains open for expansion. Tinta hosts open-pit and underground inferred resources and is a vein-hosted gold-silver-copper-lead-zinc deposit on the southern portion of the Freegold property. In December, the company released exploration results from Revenue which suggest a buried porphyry system at the project. For more information, visit www.TriumphGoldCorp.com.

Comments

Your email address will not be published. Required fields are marked *