TRIFECTA GOLD LTD - TRRFF STOCK NEWS

Trifecta Gold (TSXV:TG)(OTCQB:TRRFF) has announced results from its 2024 exploration campaign at the Mt. Hinton Project in Yukon. Key findings include:

1. Geophysical surveys revealed a 2,000 x 500 metre magnetic low coinciding with high resistivity, suggesting a Reduced Intrusion Related Gold System (RIRGS).

2. Prospecting discovered granitic rocks near geophysical anomalies, supporting the RIRGS model.

3. A rock sample yielded 2.07 g/t gold in a previously unexplored area.

4. Ongoing mineralogical studies at Simon Fraser University aim to characterize the vein system and its relationship to other Tombstone Gold Belt mineralization.

5. The project's location near Hecla Mining's Keno Hill complex and other major discoveries enhances its potential significance.

Trifecta Gold (TSXV:TG)(OTCQB:TRRFF) has announced results from its 2024 exploration program at the Rye Project in Yukon's Tombstone Gold Belt. The company identified new areas of mineralization within the Itsi pluton and surrounding hornfels altered sedimentary rocks. Outcrop sampling returned up to 7.25 g/t gold with 240 ppm Bismuth and 5.23 ppm Tellurium. The project is well-located, only 14 km from the North Canol Highway and near other significant gold projects.

Exploration activities included geological mapping, soil sampling, and airborne LiDAR surveying. The company also completed work at its Lance Project and conducted surveys and drilling at the Mt. Hinton Project. Trifecta highlighted the potential of the Tombstone Gold Belt, which hosts several large Reduced Intrusion-Related Gold Systems (RIRGS) mines and recent significant gold discoveries.

Trifecta Gold (TSXV:TG)(OTCQB:TRRFF) has initiated field work at its Rye Project in Yukon's Tombstone Gold Belt, supported by a Yukon Mineral Exploration Program grant. The project, located near key infrastructure and other significant gold discoveries, aims to evaluate the potential for a Reduced Intrusion Related Gold System (RIRGS). Previous rock samples yielded up to 8.37 g/t gold. The company plans detailed mapping, prospecting, soil sampling, and a LiDAR survey to develop a 3-D model for future drilling. Trifecta has also granted 1,485,000 stock options to directors, officers, and consultants at $0.15 per share for five years.

Trifecta Gold (TSXV:TG)(OTCQB:TRRFF) has mobilized crew and equipment to its Mt. Hinton project in the Keno Hill Mining District, Yukon. The company plans a multifaceted exploration program including:

1. 1500m drilling at the SW Zone and No. 5 Vein, with previous high-grade results of 6.44 g/t gold over 12.14m and 128.91 g/t silver over 3.05m respectively.

2. A 440-line kilometre ZTEM and magnetic survey covering the Granite Creek basin and surrounding areas.

3. Detailed mapping, prospecting, and soil sampling to follow up on existing gold-in-soil anomalies.

4. Participation in a multi-year research program with the Yukon Geological Survey and Canadian universities to better characterize mineralization styles in the region.

Trifecta Gold has secured final approval from the TSX Venture Exchange to acquire up to 100% interest in the Mt. Hinton gold-silver project and 10 other projects in Yukon's Tombstone Gold Belt. These 11 properties are known for their reduced intrusion-related gold systems, similar to Snowline Gold's Valley discovery. Trifecta can acquire a 70% interest by spending $6 million on exploration by 2027 and issuing 305,000 shares to Strategic Metals. A further 30% interest can be obtained by issuing additional shares to Strategic, not exceeding 8.92 million shares. If only the First Option is exercised, the parties will form a joint venture to explore the properties. The portfolio spans approximately 30,000 hectares.

Trifecta Gold has completed a non-brokered private placement, raising $1,478,990 through the sale of 9,859,934 units at $0.15 per unit.

Each unit includes one common share and one-half of a share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.25 until June 28, 2025.

Cash finders' fees totaling $10,665 and 66,000 finder warrants were issued to Ventum Financial Corp., Canaccord Genuity Corp., and Leede Jones Gable Inc.

All securities from this placement are subject to a hold period in Canada until October 29, 2024.

Proceeds will fund exploration activities and general working capital.

Insiders purchased 2,868,300 units, constituting a related party transaction under TSX-V Policy 5.9 and MI 61-101, utilizing exemptions from formal valuation and minority shareholder approval requirements.

Trifecta Gold announced the results of their Annual General and Special Meeting held on June 24, 2024. All proposed resolutions were approved, including the re-election of five incumbent Directors and the re-appointment of Baker Tilly WM LLP as Auditors. Key approvals included the renewal of Trifecta's Stock Option Plan and a related party transaction with Strategic Metals that allows Trifecta to acquire up to 100% of Mt. Hinton and ten other gold projects in Yukon's Tombstone Gold Belt. The company will seek final acceptance from the TSX Venture Exchange for this agreement and a private placement of up to $1,500,000 announced on May 30, 2024.

Trifecta Gold announces the effective date of a share consolidation, approved by the TSX Venture Exchange, to be implemented on April 25, 2024. The consolidation ratio is one-for-4, with the company's name and trading symbols remaining unchanged. The purpose of the consolidation is to streamline the public float for capital raising to fulfill obligations under an agreement with Strategic Metals Trifecta also discloses a recent binding agreement with Strategic Metals to acquire multiple gold projects in Yukon's Tombstone Gold Belt.

Trifecta Gold appoints Mr. Jackson Morton as Vice President and provides a corporate update. The company welcomes Mr. Morton, a seasoned geologist with a decade of experience, to lead exploration programs and manage projects in the Tombstone Gold Belt. Trifecta also enters into a significant agreement to acquire multiple gold projects in Yukon. The company plans a share consolidation to raise capital for its obligations under the new agreement.