The above-mentioned intercept was from 60m at the WAu breccia, where a separate hole hit 128m at 1.27g/t AuEq.

The drilling is part of an ongoing, 18,000m programme designed to test a 6km soil and geophysical anomaly that surrounds Freegold's Revenue and Nucleus resource areas.

Triumph acquired the road-accessible project in 2006 and relogging of core in 2016 identified the high-grade WAu breccia zone as a discrete body.

"Triumph Gold's technical team identified three exploration opportunities at Revenue East that were tested with a precision exploration programme," president and CEO Paul Reynolds said.

"That all three opportunities produced positive results speaks to how robust the Revenue hydrothermal system is, and how much exploration success can be achieved with the right targeting techniques."

The company raised more than C$5.1 million (US$3.9 million) earlier this month at 35c per unit to fund the Freegold exploration and for general working capital.

Goldcorp participated in the financing, exercising its right to top up to a 19.9% stake in Triumph.

"We view this investment as a validation of our exploration philosophy and look forward to continuing to work with Goldcorp's technical team as we continue to advance the Freegold Mountain project," Triumph chairman John Anderson said at the time.

Goldcorp's Coffee project lies northwest of Freegold.

Triumph shares have ranged between C25.5-57c over the past year and closed up 1c to 40c yesterday.

It hits the peak in September, the month it announced the discovery of the Tinta Hill polymetallic vein structure at Freegold, and welcomed government funding for road improvements in the territory.