Trio Gold Corp.
PINK SHEETS : TROOF
TSX VENTURE : TGK

Trio Gold Corp.

June 13, 2005 14:08 ET

Trio's San Ramon Project Yields High-Grade Copper Intercepts: Hole SRDD05-4 Assays 19.45% Cu and 2.64 gm/T Au Across 1.7m within an IOCG Mineralized Shear Zone Grading 1.44% Cu over 37.5m

CALGARY, ALBERTA--(CCNMatthews - June 13, 2005) - TRIO GOLD CORP. (TSX VENTURE:TGK) (PINK SHEETS:TROOF)

In May 2005, Trio completed a 14 hole Phase I core-drill program on its 35 km2 San Ramon property located 45 km west of Copiapo, Chile. Results from 9 holes have been received from ALS Chemex, La Serena, Chile. All assays are by aqua-regia dissolution followed by ICP analysis, with confirmation of high copper assays by AAS. Nine holes have been completed on the Carmen shear zone, with five additional holes on the San Ramon and two other structures (results pending). A map showing the location of the drill holes is available on Trio's web site.

Drill results confirm the discovery of Iron-Oxide-Copper-Gold (IOCG) mineralization. Following are the salient results from the Carmen zone north to south:



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Hole # TD (m) From (m) To (m) Width (m) Cu % Au gm/T Co %
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SRDD05-01 208.1 114.1 148.3 34.2 0.69 0.67 0.03
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incl 144.8 148.3 3.5 2.26 1.02 0.10
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SRD-1(a) 318.0 226.0 258.0 32.0 1.51 0.84 0.02
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incl 243.0 247.0 4.0 5.97 4.08 0.08
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SRDD05-02 204.0 94.0 173.1 79.1 0.29 0.21 0.01
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incl 94.0 125.4 31.4 0.44 0.28 0.02
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incl 94.0 99.3 5.3 1.13 0.38 0.05
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SRDD05-03 277.0 105.3 171.5 66.2 0.45 0.55 0.04
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incl 105.3 140.1 34.8 0.65 0.72 0.05
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incl 130.8 133.7 2.9 1.39 1.89 0.07
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SRRC-1(a) 368 170.0 200.0 30.0 1.08 0.20 0.04
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incl 190.0 196.0 6.0 4.85 0.79 0.14
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SRDD05-4 182.8 88.6 126.1 37.5 1.44 0.86 0.03
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incl 103.3 111.0 7.7 5.40 1.51 0.05
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incl 108.1 109.8 1.7 19.45 2.65 0.06
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SRDD05-5 165.8 108.8 144.5 35.7 0.14 0.51 0.01
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incl 108.8 119.0 10.2 0.19 1.18 0.02
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incl 108.8 110.3 1.5 0.56 6.34 0.05
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SRDD05-6 161.7 121.4 150.6 29.2 0.11 0.26 0.06
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incl 144.8 149.3 4.5 0.21 1.07 0.13
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SRDD05-7 145.5 49.6 120.8 71.2 0.34 0.25 0.02
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incl 79.0 81.0 2.0 2.52 0.09 0.27
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SRDD05-10 227.0 193.1 218.8 25.7 0.19 0.27 -
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incl 207.5 218.8 11.3 0.39 0.56 -
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SRDD05-11 137.5 87.5 99.5 12.0 0.17 0.10 -
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Note: Holes SRDD05-10 & 11 are north of SRDD05-1. (a)These Holes
drilled by AMC


All holes are spaced 50 to 70m apart, and true thicknesses are calculated at 60% to 70% of the reported intercepts. Trio's drill program has defined the IOCG mineralization for a strike length of 650m. It remains open-ended.

The results obtained from the drill program justify further exploration. Trio's drilling was concentrated on exposed mineralization located between two large chargeability anomalies (which lie under sandy cover). These anomalies are 2,900m x 1,000m and 800m x 800m respectively, and may represent IOCG mineralization. It is Trio's intent to extend drill-exploration from the presently defined Carmen-San Ramon shear system into these large anomalies.

A total of 650,000 share options have been granted to directors, officers and employees of the corporation at a price of $0.10 per share expiring on June 13, 2010. These shares were previously allotted but expired prior to being exercised.

The 2005 drill program was implemented and supervised by Philip van Angeren P.Geol., director of Trio Gold Corp., and a "qualified person" under National Instrument 43-101 guidelines. This news release has been prepared by Mr. van Angeren.

CUSIP #89669C-108, Exemption #82-2127

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

Contact Information

  • Trio Gold Corp.
    Harry Ruskowsky
    President
    (403) 262-9640
    (403) 262-9759 (FAX)
    Email: trio@triogold.com
    Website: www.triogold.com
    or
    Trio Gold Corp.
    Suite 145, 251 Midpark Blvd. S.E.
    Calgary, Alberta T2X-1S3