Trifecta Gold Secures 100% Interest in 11 Yukon Gold Projects Ahead of Schedule
Trifecta Gold Ltd. (TSXV:TG, OTC:TRRFF) has finalized its acquisition of a 100% interest in 11 gold and silver exploration properties located in the Yukon's Tombstone Gold Belt. The company completed its option agreement a full year ahead of schedule by issuing 6,265,000 common shares to Strategic Metals Ltd., bringing Strategic's ownership stake in Trifecta to 13.2%.
The acquisition consolidates full ownership over approximately 30,000 hectares across high-priority targets, including the Mt. Hinton, Rye, and Lance projects. Strategic Metals Ltd. retains a total 2% net smelter return royalty on the properties, though Trifecta holds an option to buy back half of that royalty for 1,500 ounces of gold or cash equivalent. By finishing the earn-in early, Trifecta secures total project control amidst ongoing regional exploration in the Tombstone Gold Belt, where over 20 million ounces of gold have been discovered since 2020.
Investors will be watching for upcoming exploration results, including pending assays from a six-hole drilling campaign completed at the Rye project in September 2026, as well as sampling results from the Liam and Lois properties. Management is also scheduled to present at industry conferences in Calgary and Whitehorse in November 2026.
Key points
- Trifecta Gold completed acquiring 100% ownership of 11 Yukon mineral properties a year ahead of schedule.
- The company issued 6,265,000 shares to Strategic Metals Ltd. to complete the second option step.
- Strategic Metals Ltd. now owns 13.2% of Trifecta Gold and retains a 2% net smelter return royalty.
- Trifecta can repurchase half of the royalty interest for 1,500 ounces of gold or cash equivalent.
- The portfolio covers about 30,000 hectares in the Tombstone Gold Belt, with pending assay results from Rye, Liam, and Lois.
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What projects did Trifecta Gold acquire in the Yukon?
Trifecta Gold acquired a 100% interest in 11 gold and silver projects covering about 30,000 hectares in the Tombstone Gold Belt, including Mt. Hinton, Rye, Lance, Liam, Lois, Leroy, Luke, Leah, Lisa, Husky, and Naws.
How did Trifecta Gold complete the acquisition ahead of schedule?
Trifecta fulfilled its option agreement a year early by issuing 6,265,000 common shares to Strategic Metals Ltd. after previously completing $6 million in exploration expenditures and making earlier share payments.
What royalties does Strategic Metals retain on the Yukon projects?
Strategic Metals holds a total 2% net smelter return royalty. Trifecta retains the option to buy back a 1% royalty segment for 1,500 ounces of gold or the cash equivalent.