Highlights
- Trifecta Gold secured $1.66 million through a non-brokered private placement to fund Yukon exploration.
- The company optioned its non-core Yuge Project to Nortec Minerals while maintaining focus on the Tombstone Gold Belt.
- Rye Project drilling returned high-grade silver and continued supporting the Reduced Intrusion Related Gold System model.
- Trifecta has been focused on advancing exploration across the Mt. Hinton project.
Exploration remains central to Trifecta Gold's (TSX-V:TG) (OTCQB:TRRFF) strategy as the Canadian explorer advances a portfolio of wholly owned and optioned gold projects across Yukon. Focused on identifying and developing intrusion-related gold systems in one of Canada's established mining jurisdictions, the company holds interests in projects spanning the Tombstone Gold Belt, the Klondike Goldfields and other prospective regions.
Fresh Capital Supports Yukon Exploration Plans
Recently, Trifecta Gold completed its previously announced non-brokered private placement, raising $1.66 million. The financing included the issuance of 5.75 million flow-through shares at $0.20 each and 3 million common shares at $0.17 each. Existing shareholder Condire Investors participated in the placement to maintain its 19.9% equity interest.
Trifecta Gold plans to primarily use the proceeds to fund exploration across its Tombstone Gold Belt projects in Yukon while also supporting general working capital requirements. As part of the financing, Trifecta also paid cash finders' fees and issued finder warrants, with all securities remaining subject to the applicable Canadian hold period.
Portfolio Strategy Sharpens Yukon Focus
Earlier in 2026, Trifecta signed an agreement granting Nortec Minerals the option to earn a 100% interest in the Yuge gold project in northern Nevada.
Following an initial payment of $25,000, Nortec may acquire the project through escalating annual payments totalling $2 million over five years. A portion of these payments may be settled through Nortec shares, subject to agreed conditions and regulatory approval.
By advancing this transaction, Trifecta shifted attention toward its core Yukon assets while monetizing a non-core property. The company also confirmed plans for a follow-up exploration program at its Rye Project during the 2026 summer season after encouraging drilling results recorded in 2025.
Rye Project Delivers Encouraging Drill Results
The Rye Project remained one of Trifecta's notable exploration assets during 2025. Final drilling results announced in December included an intercept grading 1,465 g/t silver over 1.97m at the end of drill hole RY-25-04.
The 2025 drilling campaign totalled 1,992m across six diamond drill holes. Multi-element geochemical analysis continued to support the interpretation that the project hosts a Reduced Intrusion Related Gold System. Located within Yukon’s Tombstone Gold Belt, the Rye Project is positioned between the Itsi and Itsi East plutons, with Trifecta holding the right to earn full ownership.
Mt. Hinton Exploration Moves Into Drilling Phase
Alongside progress at Rye, Trifecta also advanced exploration at its Mt. Hinton Project during 2025. In June, the company announced the start of its fully funded Phase One exploration program, including its inaugural drill campaign targeting the GC prospect.
The exploration program also included mapping, prospecting, detailed surface sampling of known gold veins and ongoing geological research in partnership with the Yukon Geological Survey and Canadian universities. Located within the Keno Hill Mining District, the project sits less than 4km from Hecla Mining Company's Keno Hill mill and continues to be evaluated for evidence of a near-surface intrusion associated with the district's mineralized system.
With fresh funding secured, exploration programs progressing and strategic portfolio decisions supporting its long-term focus, Trifecta continues directing its efforts toward discovering Tier 1 precious metal deposits. Its latest developments reflect a combination of capital raising, project advancement and disciplined asset management across its exploration portfolio.
Shares of TG last traded at CAD 0.20 on July 03, 2026.