Trifecta Gold secures multi-year permit; launches 2026 drill program at Rye, Yukon

Drill targeting a bulk-tonnage-gold system and an adjacent high-grade silver discovery

10-year exploration permit approved by the Government of Yukon

Drill contractor secured for 2026, with a contract minimum of 1,500 m

Detailed analysis of 2025 drill core identified high-temperature alteration, along with bismuthinite and a previously unrecognized syenogranite dyke, indicating proximity to the buried intrusive source of a Reduced Intrusion-Related Gold System

VANCOUVER, BC / ACCESS Newswire / July 21, 2026 / Trifecta Gold Ltd. (TSXV:TG)(OTCQB:TRRFF) ("Trifecta" or the "Company") is pleased to announce it has received a ten-year approval from the Government of Yukon for exploration at the Rye Property ("Rye"). Trifecta had secured many key contracts in anticipation of this approval, and as a result the Company's second drill program at the Rye is now underway. Rye is situated 14 km from the North Canol Road between two mid-Cretaceous granitic intrusions - the Itsi and Itsi East plutons - in the eastern portion of Yukon's Tombstone Gold Belt and within the Tū Łī́dlini portion of the Kaska Nation's traditional territory. The Yukon portion of the Tombstone Gold Belt encompasses a growing number of multi-million-ounce intrusion-related gold deposits including Snowline Gold Corp.'s Valley deposit, Banyan Gold Corp.'s AurMac deposit, Sitka Gold Corp.'s RC deposit, as well as the past-producing Brewery Creek and Eagle Gold mines, which collectively represent over 25 million ounces of gold.

"We are excited to return to Rye in 2026 to follow up on a maiden drill program that identified a broad, gold-bearing hydrothermal system and a high-grade silver-tungsten discovery," states Richard Drechsler, President and CEO. "Mineral deposits form where you have the right combination of structure and chemistry. The 2025 program identified each of these elements at Rye. In 2026 we are systematically closing in on where they intersect, in hopes of turning these findings into Yukon's next major precious metals discovery."

In 2025, Trifecta's drill program tested a variety of geological settings near the margin of the Itsi Pluton with 6 widely spaced drill holes. Holes RY-25-01 and -06 targeted an area of hornfelsed sediments adjacent to the Itsi Pluton. These holes identified a large-scale hydrothermal system, with both holes intersecting over 200 m of sheeted veining along with multi-element geochemistry consistent with the margins of a RIRGS. Subsequent petrographic and geochemical analysis of 2025 drill core recognized that the strongest gold grades, 37 m averaging 1.02 g/t gold , are coincident with areas of sericite and potassium feldspar alteration, with bismuthinite identified in associated quartz veins, as well as a previously unrecognized syenogranite dyke in hole RY-25-01. The high-temperature alteration and late-stage dyke are consistent with a near-source setting to a buried RIRGS.

"Petrographic and geochemical analysis of the 2025 drill core has materially advanced our understanding of the Rye system," states Jack Morton, Vice President of Trifecta, "producing results that, upon detailed analysis, provide a vector to the hotter, more gold-rich part of the system. The completion of a LiDAR analysis delineated structural features we believe are critical to understanding the geometry of the system, further strengthens our confidence as we enter the 2026 program. We believe the most important intersection at Rye is still ahead of us."