Trifecta's First Drill Program Returns 1.98 g/t Gold over 15 m and 44.3 g/t Gold over 0.58 m, Validating Discovery Potential at Rye Project, Yukon

Rhea-AI Summary

Trifecta (TSXV:TG / OTCQB:TRRFF) reported assays from the first three holes of its six-hole inaugural 2025 drill program at the Rye Project, Yukon. Key intercepts include 1.02 g/t Au over 37 m (including 1.98 g/t Au over 14.99 m) in hole RY-25-01 and 44.3 g/t Au over 0.58 m in hole RY-25-02. Rye lies in the Tombstone Gold Belt, ~14 km from North Canol Road, and Trifecta holds the right to earn 100% ownership. All reported gold results passed QA/QC; multi-element assays are pending. The company highlights widespread sheeted quartz veining and a large hydrothermal system proximal to the Itsi pluton.

Positive

• RY-25-01: 1.02 g/t Au over 37 m, including 1.98 g/t Au over 14.99 m
• RY-25-02: 44.3 g/t Au over 0.58 m
• Trifecta holds right to earn 100% of the Rye project
• All reported gold assays passed QA/QC screening

Negative

• High-grade RY-25-02 intercept is very narrow at 0.58 m
• Only 3 of 6 drill holes reported; program incomplete
• Multi-element and pathfinder analyses for drill core are pending

News Market Reaction

-34.68%

1 alert

-34.68% News Effect

On the day this news was published, TRRFF declined 34.68%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Gold intercept RY-25-01: 1.02 g/t gold over 37 m High-grade interval RY-25-01: 1.98 g/t gold over 14.99 m High-grade shoot RY-25-02: 44.3 g/t gold over 0.58 m +5 more

8 metrics

Gold intercept RY-25-01 1.02 g/t gold over 37 m Inaugural drill hole RY-25-01 at Rye Project

High-grade interval RY-25-01 1.98 g/t gold over 14.99 m From 94 m downhole in RY-25-01

High-grade shoot RY-25-02 44.3 g/t gold over 0.58 m Quartz veining in RY-25-02 from 26.42 m

Second interval RY-25-01 0.309 g/t gold over 10 m Deeper interval in RY-25-01

Hornfels zone width 224 m Hornfels-altered zone from surface in RY-25-01

Distance to road 14 km Rye situated from North Canol Road

Belt length more than 1000 km Extent of Tombstone Gold Belt

New ounces discovered over 17 million ounces of gold Additional discoveries in Yukon Tombstone Gold Belt since May 2020

Market Reality Check

Price: $0.2100 Vol: Volume 116,066 is 2.41x t...

high vol

$0.2100 Last Close

Volume Volume 116,066 is 2.41x the 20-day average of 48,085, indicating elevated trading interest ahead of/around this release. high

Technical Price 0.1863 is trading below the 200-day MA at 0.23, reflecting a pre-news downtrend.

Peers on Argus

TRRFF was down 2.51% while gold peers were mixed: GMVMF +4.88%, GRCAF +19.53%, J...

TRRFF was down 2.51% while gold peers were mixed: GMVMF +4.88%, GRCAF +19.53%, JGLDF +0.96%, AMQFF -3.97%, RRDMF -2.90%. The move appears stock-specific rather than a broad sector rotation.

Historical Context

5 past events · Latest: Dec 02 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 02	Drill assays Rye	Positive	-34.7%	Reported strong gold grades from first three holes of Rye drill program.
Sep 30	Exploration update	Positive	-19.4%	Provided exploration updates and high-grade rock and trench results at Rye and Mount Hinton.
Sep 18	Drill completion Rye	Positive	-11.0%	Announced completion of 2025 Rye drilling with wide mineralized zones and rock samples.
Sep 11	Podcast interview	Positive	+5.7%	CEO discussed promising Rye and Mount Hinton exploration and future drill plans.
Aug 28	Drilling initiated	Positive	+77.0%	Initiated inaugural Rye drilling and reported high-grade rock samples and wide veined zone.

Pattern Detected

Recent Rye-focused exploration updates skew positive in tone but have more often been followed by negative price reactions, with the notable exception of the initial August 28 drilling news.

Recent Company History

Over the last few months, Trifecta has advanced the Rye Project from initial drilling to detailed assay reporting. The August Aug 28 announcement of inaugural drilling and high-grade rock samples coincided with a 77.02% gain, while later updates on drilling progress and exploration results at Rye and Mount Hinton on Sep 18 and Sep 30 saw declines of 10.97% and 19.37%. The current release on Dec 02 reports strong gold intercepts yet historically similar news has been met with selling pressure, suggesting a tendency for the stock to fade positive exploration headlines.

Market Pulse Summary

The stock dropped -34.7% in the session following this news. A negative reaction despite positive as...

Analysis

The stock dropped -34.7% in the session following this news. A negative reaction despite positive assay results would fit a recent pattern where Rye-related news on Sep 18 and Sep 30 was followed by declines of 10.97% and 19.37%. Even with strong grades such as 1.02 g/t gold over 37 m, prior rallies have sometimes retraced. Investors could watch forthcoming multi-element assays and additional drilling data for confirmation, as past enthusiasm has occasionally given way to profit-taking or skepticism.

Key Terms

hydrothermal system, hornfels, granodiorite, inductively coupled plasma mass spectroscopy, +3 more

7 terms

hydrothermal system technical

"Inaugural drilling at Rye confirms a large and gold-bearing hydrothermal system"

A hydrothermal system is a natural underground network where hot water and steam circulate through rock, carrying heat and dissolved minerals from deep beneath the surface. For investors, these systems matter because they can concentrate valuable mineral deposits (like gold or copper) that make mining projects economically attractive, and they can also be harnessed as a source of geothermal energy for power generation — like a natural oven and delivery pipe that concentrates and brings resources closer to the surface.

hornfels technical

"a 224 m long zone (from surface) of hornfels-altered siliciclastic rocks"

Hornfels is a very hard, dense rock formed when existing rocks are baked and altered by intense heat from nearby molten rock, producing a tough, non-layered material like bread toasted evenly around a hot pan. For investors, hornfels matters because its presence can signal heat-altered zones that sometimes host valuable mineral concentrations, affect how easy or costly it is to mine, and influence ground stability for exploration and development projects.

granodiorite technical

"irregular, patchy granodiorite. Altered granodiorite is visible in the attached Photo 2"

A coarse-grained, hard igneous rock similar to granite but with more plagioclase feldspar than potassium feldspar; think of it as a chunky, crystalline basement rock formed when molten magma cooled slowly underground. For investors, granodiorite matters because it often hosts or sits near valuable mineral deposits (like copper and gold) and influences how easy or costly it is to find, access and process those minerals—akin to whether treasure is buried in sand or embedded in bedrock.

inductively coupled plasma mass spectroscopy technical

"48 other elements by inductively coupled plasma mass spectroscopy (ME-MS61L)"

An analytical lab method that finds and measures extremely small amounts of metals and elements by turning atoms into charged particles and sorting them by weight, like using a super-sensitive scale to pick out grains of sand from a swimming pool. Investors care because results affect product safety, regulatory compliance, environmental liabilities, and resource estimates—factors that can change a company’s costs, legal risk, operational permits, and ultimately its valuation.

inductively coupled plasma-atomic emission spectroscopy technical

"assayed for silver, copper and zinc by inductively coupled plasma-atomic emission spectroscopy"

A laboratory method that identifies and measures how much of each chemical element is in a liquid or dissolved sample by heating it and reading the light the atoms give off, similar to using a color fingerprint to tell which ingredients are present. Investors care because those measurements underpin product quality, environmental compliance, mine or material grade estimates and liability risks — all of which affect revenue, costs and valuation.

gravimetric analysis technical

"and gold by gravimetric analysis (Au-GRA21)"

A laboratory method that measures the amount of a substance by converting it into a solid form and weighing that solid, like scooping and weighing sugar that was dissolved in water. For investors, gravimetric analysis matters because it provides precise, verifiable measurements of purity, composition or yield in industries such as pharmaceuticals, chemicals and mining, affecting product quality, regulatory compliance and reported production figures.

national instrument 43-101 regulatory

"a qualified person as defined under the terms of National Instrument 43-101"

National Instrument 43-101 is a set of rules and guidelines that govern how mineral exploration and mining companies must report information about their projects. It ensures that the details shared with investors are accurate, consistent, and reliable—similar to how a detailed, verified blueprint ensures a building’s safety. This helps investors make informed decisions based on trustworthy information about a company's mineral resources.

AI-generated analysis. Not financial advice.

• Inaugural drilling at Rye confirms a large and gold-bearing hydrothermal system, demonstrating strong discovery potential.

• Drill hole RY-25-01 intersected 1.02 g/t gold over 37 metres, including 1.98 g/t gold over 15 metres.

• Drill hole RY-25-02 intersected 44.3 g/t gold over 0.58 metres.

• CEO Richard Drechsler discusses results with fellow board member Kai Hoffmann on the Gold Newsletter Channel.

VANCOUVER, BC / ACCESS Newswire / December 2, 2025 / Trifecta Gold Ltd. (TSXV:TG)(OTCQB:TRRFF) ("Trifecta" or the "Company") is pleased to report gold assay results from the first three holes of its six-hole inaugural drill program at the Rye Project ("Rye" or the "Project"). Rye is situated 14 km from the North Canol Road in the eastern portion of Yukon's prolific Tombstone Gold Belt between two mid-Cretaceous granitic intrusions, the Itsi and Itsi East plutons. Trifecta Gold has the right to earn 100% ownership of Rye.

"The Trifecta team is very pleased to confirm the prospectivity of the Rye Project" states Richard Drechsler, President and CEO of Trifecta, "with both widespread gold and discrete high-grade gold mineralization intersected surrounding the Itsi Pluton. Results to date demonstrate that the large hydrothermal system we see on surface and in drill core is both gold-enriched and likely driven by the reduced Itsi Pluton."

Trifecta's maiden drill program intersected varying densities of sheeted quartz +/- indicator element veining in all holes, with the most abundant veining reported in Holes RY-25-01 & 06 (see Figure 1). Hole RY-25-01 drilled a 224 m long zone (from surface) of hornfels-altered siliciclastic rocks hosting an abundance of sheeted veining encompassing two broad gold-rich intervals. The top interval returned a composite result of 1.98 grams of gold per tonne ("g/t gold") over 14.99 m,from94 m downhole. Each of the 15 samples comprising this interval assayed over 1 g/t gold (see Photo 1 below). A second interval further downhole returned 0.309 g/t gold over 10 m.

Hole RY-25-02 was collared 360 m to the southwest of RY-25-01, flanking the mapped extent of the Itsi Pluton. While sheeted vein density was substantially lower than observed in the first hole, gold results from an intersection of quartz veining in this hole yielded 44.3 g/t gold over 0.58 m, from 26.42 m. The hole cut predominantly hornfelsed siliciclastics, along with several narrow intervals of intermediate dykes and irregular, patchy granodiorite. Altered granodiorite is visible in the attached Photo 2, near the reported interval.

Jack Morton, Vice President adds, "Surface samples regularly show a strong correlation between gold, bismuth and tellurium. The team is now focused on rigorous interrogation of geological and geochemical data with the belief that these initial intercepts represent the outer zones of a much larger system. The finalized assay results for the remaining holes, along with multi-element analyses of the drill core samples, which will include these pathfinder elements are expected in the coming weeks."

A brief conversation with Richard Drechsler and fellow board member Kai Hoffmann discussing these results is available on the Gold Newsletter Channel: https://youtu.be/9ZL2L7RJf3M

Figure 1 - Map of completed 2025 diamond drill holes at Rye, with drill results in this release highlighted. Drill hole vein density is illustrated thematically, along with rock samples grading over 0.2 g/t gold.

Photo 1 - Drill core from hole RY-25-01, 77.08 to 114.53 m annotated with individual sample results. Highlighted interval grades 1.98 g/t gold over 14.99 m.

Photo 2 - Drill core from hole RY-25-02, between 25.06 to 33.40 m, with an intercept of 44.3 g/t gold over 0.58 m highlighted.

Figure 2 - Tombstone Gold Belt property locations with Trifecta Gold's projects highlighted in red.

Quality Assurance / Quality Control (QAQC)

All analyses of core samples from the 2025 Rye program were performed by ALS Minerals with sample preparation in Whitehorse and assays and geochemical analyses in North Vancouver. Samples were routinely analyzed for gold by a 30 g fire assay followed by atomic absorption spectroscopy (Au-AA23) and 48 other elements by inductively coupled plasma mass spectroscopy (ME-MS61L). Samples that exceeded the detection limits of the routine methods were assayed for silver, copper and zinc by inductively coupled plasma-atomic emission spectroscopy (Ag/Cu/ Zn-OG62) and gold by gravimetric analysis (Au-GRA21).

Rigorous procedures were in place regarding sample collection, chain of custody and data entry. Certified assay standards, coarse reject duplicates, field duplicates and blanks were routinely inserted into the sample stream to ensure integrity of the assay process. The Company has not yet received the full balance of the multi-element analyses of the drill core, but has received the gold results for each of the reported drill holes in their entirety. All of the results reported have passed the QA/QC screening for gold.

Technical information in this news release has been approved by Trifecta's Vice President, Jackson Morton, P.Geo., a qualified person as defined under the terms of National Instrument 43-101.

Tombstone Gold Belt

Extending more than 1000 km from the Fairbanks district in Alaska eastward across the entire width of Yukon, the Tombstone Gold Belt hosts many large Reduced Intrusion-Related Gold System (RIRGS) mines such as Fort Knox in Alaska (>10 million oz), Eagle and Olive in Yukon (>4 million oz) and the past-producing Brewery Creek Mine, also in Yukon. Since May 2020 over 17 million additional ounces of gold have been discovered in the Yukon portion of the belt, including Snowline Gold's Tier 1 Valley discovery, Sitka Gold's RC deposit, Banyan Gold's AurMac deposits and Victoria Gold's Raven deposit.

Tombstone Gold Belt systems are characterized by sheeted, auriferous quartz veins forming in the carapace zones of Cretaceous-age plutons. They have a characteristic geochemical signature with a gold-bismuth-tellurium±tungsten core within a broader gold-arsenic halo. The deposits are found within and surrounding the reduced intrusions and typically exhibit a geophysical signature comprising a magnetic low (ie. reduced) coinciding with at conductivity low. Veining in RIRGS systems is typically zoned with a core of sheeted veins surrounded by more discrete gold-arsenic veins and more distal silver-lead-zinc veins.

About Trifecta Gold Ltd.

Trifecta is a Canadian-based precious metals exploration company dedicated to increasing shareholder value through the discovery and development of 100% held gold projects in Yukon and Nevada. Trifecta has secured an option to acquire a 100% interest in Mt. Hinton, Rye and 9 other highly prospective, intrusion-related gold projects located in Yukon's Tombstone Gold Belt where over 17 million ounces of gold have been discovered since May 2020. Initial drilling at the Company's Yuge Gold Project, located in northern Nevada, has identified multiple broad zones of gold mineralization near historical high-grade mines. The Company's Eureka Project hosts an 8 x 2.5 kilometre belt of surface showings and anomalous gold-in-soil that straddle the headwaters of two of the most productive placer creeks in Yukon's southern Klondike Goldfields. Trifecta's Treble Project covers a large hydrothermal system, located midway between Western Copper and Gold Corporation's Casino Deposit, the largest copper and gold deposit in the Yukon, and Rockhaven Resources Ltd.'s Klaza Deposit, a high-grade gold-silver deposit.

ON BEHALF OF THE BOARD

"Richard Drechsler"

President and CEO

For further information concerning Trifecta or its various exploration projects please visit www.trifectagold.com or contact:

Corporate Information

Trifecta Gold Ltd.
Richard Drechsler
President and CEO
Tel: (604) 687-2522

This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE: Trifecta Gold Ltd.

View the original press release on ACCESS Newswire

FAQ

What gold grades did Trifecta report for Rye on December 2, 2025 (TRRFF)?

Key results: 1.02 g/t Au over 37 m (incl. 1.98 g/t over 14.99 m) and 44.3 g/t Au over 0.58 m.

How much of the Rye project can Trifecta earn (TRRFF)?

Trifecta has the right to earn 100% ownership of the Rye project.

Have Trifecta's Rye gold assays passed QA/QC (TRRFF)?

Yes. All reported gold results from the released holes have passed QA/QC screening.

Are multi-element assays from Trifecta's Rye drill core available yet (TRRFF)?

No. The company stated that multi-element and pathfinder analyses are still pending.

Where is the Rye Project located and why is it significant for TRRFF?

Rye is ~14 km from North Canol Road in the Tombstone Gold Belt, a prolific RIRGS gold district.

How many drill holes were part of Trifecta's inaugural Rye program reported on December 2, 2025 (TRRFF)?

The release reports results from 3 of 6 planned holes in the inaugural program.