Welcome to our dedicated page for Trifecta Gold news (Ticker: TRRFF), a resource for investors and traders seeking the latest updates and insights on Trifecta Gold stock.
Trifecta Gold Ltd. (TRRFF) is a Canadian precious metals exploration company focused on 100% owned gold projects in Yukon and Nevada. This news hub provides investors and industry observers with comprehensive updates on corporate developments, technical advancements, and exploration progress across the company's portfolio.
Access timely updates on drilling results, geophysical survey interpretations, strategic partnerships, and property acquisitions. Our curated collection includes official press releases detailing project milestones from the Mt. Hinton initiative in Yukon's Tombstone Gold Belt to Nevada-based exploration programs leveraging advanced ZTEM and LiDAR technologies.
Key updates cover systematic exploration approaches, geochemical analysis outcomes, and corporate actions such as share structure adjustments. Bookmark this page for direct access to primary source materials about Trifecta Gold's Reduced Intrusion-Related Gold System (RIRGS) exploration methodology and regional expansion strategies.
Trifecta Gold (TRRFF) has announced a $5.31 million private placement with Crescat Capital as the lead investor. The offering includes up to 12,790,000 Charity Flow-Through Units at $0.38 per unit and 1,668,704 units at $0.27 per unit.
Each Charity Flow-Through Unit comprises one common share and half a warrant, with each full warrant allowing purchase of one common share at $0.40 within 24 months. The proceeds will fund Canadian exploration expenses qualifying as flow-through mining expenditures, to be renounced by December 31, 2025.
Following the placement, Crescat will become a major shareholder with 9.9% ownership, while Condire Investors maintains its 19.9% stake. The funds will support systematic follow-up on 2024 discoveries at the Mt. Hinton and Rye projects. All issued shares will have a four-month hold period, pending TSX Venture Exchange approval.
Trifecta Gold (TRRFF) has reported significant progress in its 2024 exploration activities within the Yukon's Tombstone Gold Belt (TGB). The company secured options for 11 projects in the TGB region, which hosts several major Reduced Intrusion-Related Gold System mines including Fort Knox and Eagle and Olive.
Key developments include:
- At Mt. Hinton, the company identified four major gold and silver vein corridors, with historical drill results showing 6.44 g/t gold over 12.14m. A ZTEM survey revealed a promising GC Target for 2025 drilling.
- The Rye Project showed a 500x200m gold-bismuth-tellurium anomaly, with samples yielding up to 8.37 g/t gold.
- At Lance, mapping defined Mayo Suite intrusion margins and discovered mineralized float within a 4x2km anomaly.
Trifecta Gold has identified a significant 3 km long geophysical anomaly at its Mt. Hinton Project in Yukon, located near Hecla Mining's Keno Hill Mine. The discovery comes from processing 2024 airborne magnetic and ZTEM survey data, revealing a strong resistivity feature at the GC target where granitic boulders were found. The anomaly shows resistivity values exceeding 1235 ohm-m at surface and is associated with a parallel magnetic anomaly, suggesting a buried intrusion that could drive mineralization. The project hosts four precious metal vein trends within the Keno Hill Quartzite Formation, and this new target shares characteristics with other gold-rich deposits in the Tombstone Gold Belt.
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.