Trendfield Gold Mining Ltd

April 11, 2007 17:46 ET

Trendfield Gold Mining Obtains Gold Permits for Tin Keradet I, II, III, IV

NIAMEY, NIGER--(CCNMatthews - April 11, 2007) - The Cabinet of Ministers of the Republic of Niger, on Friday, April 6th, announced the approval of four exploration permits for Trendfield Gold Mining (TGM), a subsidiary company of Trendfield Holdings Ltd. The exploration permits, Tin Keradet, covers an area of 2000 sq Kilometers. The area is located at the north part of Niger, on the Algerian border.

Previous research was completed on Tin Keradet by the GeoAfrica Gold Corporation in the 90s with positive results. Preliminary research has shown indications of gold reserves totaling 76, 000 oz. at a tested depth from 0 to 50 meters. Indication of Gold values in the vein and rock samples ranged from 0.1 g/t to 200 g/t. Our permits are adjacent to the Tiririne-Harane gold project in Algeria 450 km east of the town of Tamanrasset and located near the Niger border, where reserves are estimated at 481,100 t at a grade of 17.0 g/t Au (Source Ministry of Energy and Mining, Algeria).

TGM requested the prospecting authorization for Tafassasset, an area covering 56,000 sq kilometers, which includes the Tin Keradet permits. The area has shown positive indications for gold deposits.

Trendfield Gold Mining was also lauded by the Government of Niger for their project proposal on the Tin Keradet permits, a three-year research program budgeted at USD 3.1 million per permits.

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