Trifecta Gold drills 15 m of 1.98 g/t Au at Rye

Executive Summary

• Trifecta Gold Ltd. released assay results from the first three holes of its six-hole inaugural drill program at the Rye project in the Yukon's Tombstone gold belt.
• The results validate the discovery potential of the project, confirming a large, gold-bearing hydrothermal system with both broad, lower-grade intervals and discrete high-grade intersections.
• Hole RY-25-01 intersected significant width, including 1.98 g/t gold over 15 meters, while Hole RY-25-02 returned a high-grade intercept of 44.3 g/t gold over 0.58 meters.

Key Details

• Hole RY-25-01:
  • Intersected 1.02 g/t gold over 37 meters.
  • Included interval: 1.98 g/t gold over 15 meters (specifically 14.99 meters from 94 m downhole).
  • The 15-sample interval comprising the 1.98 g/t result each assayed over 1 g/t gold.
  • Drilled a 224-meter long zone of hornfels-altered siliciclastic rocks hosting abundant sheeted veining.
  • Second interval further downhole returned 0.309 g/t gold over 10 meters.
• Hole RY-25-02:
  • Collared 360 meters southwest of RY-25-01.
  • Intersected 44.3 g/t gold over 0.58 meters from 26.42 m downhole.
  • Cut predominantly hornfelsed siliciclastics, narrow intervals of intermediate dikes, and irregular granodiorite.
  • Sheet vein density was substantially lower than in RY-25-01.
• Geological Context:
  • Rye is located 14 km from the North Canol Road in the eastern Tombstone gold belt, between the Itsi and Itsi East plutons.
  • Trifecta has the right to earn 100% ownership of the Rye project.
  • Surface samples show strong correlation between gold, bismuth, and tellurium.
• QA/QC:
  • Assays performed by ALS Minerals (preparation in Whitehorse, assays in North Vancouver).
  • Gold analyzed via 30-gram fire assay followed by atomic absorption spectroscopy (Au-AA23).
  • 48 other elements analyzed by inductively coupled plasma mass spectroscopy (ME-MS61L).
  • Samples exceeding detection limits analyzed for Ag/Cu/Zn (OG62) and gold by gravimetric analysis (Au-GRA21).
  • All reported results passed QA/QC screening for gold.
• Future Work:
  • Finalized assay results for the remaining holes and multielement analyses (including pathfinder elements) are expected in the coming weeks.

Notable Quotes

• Richard Drechsler, President and CEO: "The Trifecta team is very pleased to confirm the prospectivity of the Rye project... Results to date demonstrate that the large hydrothermal system we see on surface and in drill core is both gold-enriched and likely driven by the reduced Itsi pluton."
• Jack Morton, Vice-President: "Surface samples regularly show a strong correlation between gold, bismuth and tellurium. The team is now focused on rigorous interrogation of geological and geochemical data with the belief that these initial intercepts represent the outer zones of a much larger system."