Triumph Gold's Drilling Plan Takes Shape in the Yukon
Investor TV Jun 23, 2026
Summary
Triumph Gold CEO John Anderson honored a four-year-old public pledge: no action until gold topped $2,200 and copper reached $5.
Both thresholds are met: the Yukon camp is growing to 45 people and three drill rigs (machines that bore core samples) start full-time from April.
A new Yukon government was the third condition, tying the start of fieldwork to territorial politics as much as metal prices.
Anderson also plans to drill a high-grade silver project in Utah, adding a second commodity to the gold-focused portfolio.
Don Durrett's takeaways
- Top takeaway Co-interviews Triumph Gold's John Anderson in this segment, alongside John Feneck, as Anderson explains the conditions behind the company's return to drilling.
John Anderson's takeaways
- Top takeaway Anderson says the company is upgrading its Yukon camp to a 45-person capacity to keep three drill rigs running full-time from April.
- He points to an email he sent four years ago as his record: no action until gold was above $2,200 and copper above $5,000, with a new Yukon government also required, and he says the price levels have now been reached.
- He adds that the company will also drill off its Utah silver project, which he says he is very confident in.