Tri-Gold Resources Corp.
TSX VENTURE : TAL

Tri-Gold Resources Corp.

July 13, 2007 16:41 ET

Tri-Gold Resources Corp.: Exploration Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 13, 2007) - Tri-Gold Resources Corp. (the "Company") (TSX VENTURE:TAL) is pleased to present an exploration update on its project in Northern Ontario.

Stake Lake Au/Cu Project:

The final report and interpretation of the spectral IP (Induced Polarization)/resistivity and magnetometer survey that was carried out during the period March 30 to April 11, 2007 has recently been completed. A series of IP anomalies have been identified, one of which is coincident with an area which yielded 2.3 - 4.1 percent CU, 0.5 - 2.7 g/t Au and 41 - 82 g/t Ag, taken from an outcrop in the fall of 2006. Follow-up channel sampling is planned for late July 2007, in addition to planning and preparing for a diamond drill program, to be undertaken in the fall of this year.

Nipigon/Sibley Basin Uranium Project:

The final report and interpretation of the airborne magnetic and MEGATEM survey that was carried out between January 28 and January 31, 2007 has recently been completed. A series of conductive and high intensity zones have been recognized, most of which are well sited proximal to modeled basement lineaments (faults), as derived from the magnetic field data. A follow-up ground radiometric survey will commence in the last week of July, 2007, which will focus on the highest-ranking anomaly. A proposed 4,000 meter diamond drill program is still scheduled to commence in the late summer or fall of 2007, targeting unconformity style and basement hosted uranium targets.

Big Duck Lake Au Project:

The Company is currently undergoing a major review of the entire project area, but focusing on the Coco-Estelle prospect to the east of the prospect area. In particular, a computer-based 3-dimensional block model of all surface channel/trench and drill hole data is being undertaken. This will form the basis of a detailed assessment and re-evaluation of the area, which will be completed by mid August this year. The results of this assessment will determine what follow-up work will be required at Big Duck Lake.

The company also wishes to announce issuance of 100,000 stock options to an Officer of the Company.

On behalf of the Board of Directors of Tri-Gold Resources Corp.

T. Barry Coughlan, Executive Chairman

Certain matters discussed in this press release may contain forward-looking statements. Investors are cautioned that all statements, other than statement of historical fact, involve risks and uncertainties, including but not limited to: exploration and mining risks and financing risks. There can be no assurance that such statement will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Investors are encouraged to review Tri-Gold's filings on SEDAR at www.sedar.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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