Reverse Circulation Drilling Campaign At Yuge Gold Project

VANCOUVER - Trifecta Gold Ltd. reported on the most recent reverse circulation drilling campaign at the Yuge Gold Project, located in Humboldt County, Nevada. Following up on a successful maiden drill campaign in 2021, the most recent program was designed to expand the known area of gold mineralization at the Columbia and Juanita Zones. The first batch of assay results are from the Columbia Zone and include: 4.2 g/t gold over 10.67 m from 77.72 m downhole (including 13.26 g/t gold over 3.05 m) in hole YU-22-11, and; 11.96 g/t gold over 3.05 m from 105.16 m downhole also in hole YU-22-11.

Results are pending for holes YU-22-08,-09 and -10, which were also drilled at the Columbia Zone. Drilling at Columbia targeted 40 to 50 m separation between projected drill piercements on the high grade structure intersected in hole YU-21-02 (2.27 g/t gold over 38.1 m including 15.5 g/t over 1.53 m).

Results are also pending for holes YU-22-12,-13 and -14, which targeted mineralization down dip and along strike of hole YU-21-07 (0.99 g/t gold over 30.49 m including 3.44 g/t gold over 6.10 m).

The Company will provide a more fulsome interpretation of results once all assays are received and compiled.