Triumph Gold Corp.

Exploration 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).

The 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% ownedTad/Toro propertyto 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 asecond Resource Gateway Project agreement with Little Salmon/Carmacks First Nation, involving mining-standard upgrades to the three bridges along the existing Mt. Freegold Road.

Gold exploration and development project

The 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.

The 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.