Troy Resources NL
ASX : TRY
TSX : TRY

Troy Resources NL

April 15, 2008 22:38 ET

Troy Resources NL: Drilling At Indomitable Prospect, Sandstone, Intersects Broad Zones of Oxide Gold Mineralisation within Weathered Bedrock

PERTH, WESTERN AUSTRALIA--(Marketwire - April 15, 2008) -

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Troy Resources NL ("Troy") (TSX:TRY)(ASX:TRY) advises that forty-eight Reverse Circulation drill holes (5,394m) and one Diamond Core hole from an RC precollar have been completed at the Indomitable Prospect located 12km ENE of the Sandstone Mill. The program was focussed on the Indomitable North and South (see Collar Location Plan) below.

At Indomitable South assays have identified broad zones of low grade gold mineralisation. Significant 5m composite assays include:

- 35m @ 1.47 g/t gold from 45m in TRC674;

- 10m @ 6.24 g/t gold from 130m in TRC681; and

- 25m @ 1.12 g/t gold from 60m in TRC678.

This phase of drilling has shown that mineralisation occurs along a northwest striking trend and remains open along strike to the northwest. Full results of Indomitable South are contained in Table 1 below.

Diamond core hole TRCD728 was drilled from a precollar depth of 93.7m to 191.9m targeting an interpreted "higher grade" central portion of the prospect at depth. The hole remained entirely within weathered profile and zones of quartz veining and brecciation were intersected throughout the hole. The core is being cut, sampled and will be submitted for assay.

At Indomitable North located 300m north of Indomitable South, 20 RC holes were completed on a 20m x 40m grid to test the north-south striking mineralisation intersected in TRC583 drilled last year. Wide zones of quartz veined, gossanous saprock, intense silica-fuchsite altered saprock and silica-fuchsite-arsenopyrite altered fresh basalt were intersected over the 160m strike length tested. Assays received to date include:

- 7m @ 1.18 g/t gold from 6m in TRC690;

- 6m @ 8.34 g/t gold from 59m in TRC691; and

- 10m @4.48 g/t gold from 90m in TRC734

Full results for Indomitable North are contained in Table 2 below.

A large number of 5 metre composite and 1 metre re-split assays are still pending from both the Indomitable South and North drilling program.

Troy's CEO, Paul Benson, said, "This is the second set of interesting results to come out of Sandstone this month. This drilling of the Indomitable targets, and results from the Two Mile Prospect published on April 9, are part of our programme designed to test the potential of the Sandstone leases to determine if it is possible to extend the operations life."

"We are still waiting for the 1 metre-split assays for Indomitable, the results for the remainder of the first diamond drill hole and the entire length of the second diamond drill hole at Two Mile. Once we have all that data we will be able to determine if a second phase is required."

"Although still early days, it is pleasing to see we are within a significant mineral system. Obviously our aim from here will be to prove continuity of any of the high grade intercepts."

A full copy of this announcement with Location Plan can be found on the Company's website at www.try.com.au.



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Table 1: Sandstone Project
Indomitable South Reverse Circulation "RC" Drilling
Drill Assay Results - Gold Intersections greater than 1.0 g/t Gold
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MGA MGA Azi- Gold
Hole Easting Northing muth Depth From To Length (g/t)
ID (m) (m) MGA Dip (m) (m) (m) (m) Au
--------------------------------------------------------------------------
TRC669 733280 6892230 090 -60 65.0 43.0 45.0 2.0 2.72
TRC673 733240 6892250 090 -60 87.0 40.0 48.0 8.0 1.23
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TRC674 733200 6892250 090 -60 127.0 45.0 80.0 35.0(i) 1.47
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TRC678 733199 6892280 090 -60 119.0 60.0 85.0 25.0(i) 1.12
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TRC681 733191 6892310 090 -60 156.0 115.0 156.0 41.0(i) 1.91
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including 130.0 140.0 10.0(i) 6.24
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TRC682 733300 6892340 090 -60 96.0 55.0 60.0 5.0(i) 1.28
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TRC729 733120 6892341 090 -60 130.0 40.0 125.0 85.0(i) 1.01
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(i) denotes 5m composite sample


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Table 2: Sandstone Project
Indomitable North Reverse Circulation "RC" Drilling
Drill Assay Results - Gold Intersections greater than 1 g/t Gold
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MGA MGA Azi- Gold
Hole Easting Northing muth Depth From To Length (g/t)
ID (m) (m) MGA Dip (m) (m) (m) (m) Au
--------------------------------------------------------------------------
TRC690 733307 6892613 090 -60 88.0 6.0 13.0 7.0 1.18
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including 8.0 10.0 2.0 2.69
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TRC691 733267 6892614 090 -60 106.0 9.0 11.0 2.0 2.01
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38.0 39.0 1.0 13.60
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52.0 55.0 3.0 1.21
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59.0 65.0 6.0 8.34
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TRC693 733308 6892651 090 -60 66 7.0 10.0 3.0 1.79
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TRC733 733270 6892572 090 -60 130 85.0 90.0 5.0(i) 1.17
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TRC734 733309 6892572 090 -60 124 90.0 100.0 10.0(i) 4.48
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(i) denotes 5m composite sample


All samples were prepared and assayed by SGS Mineral Services laboratory in Perth, Western Australia using Method FAA505 being Fire Assay on a 50 gram charge with an AAS finish.

The Company is unable to estimate true width as this is the first drill hole into this target. All widths stated are downhole widths.

Information of a scientific or technical nature in this report was prepared under the supervision of Peter J. Doyle, Vice President Exploration and Business Development of Troy, a "qualified person" under National Instrument 43-101 - "Standards of Disclosure for Mineral Projects", a member of the Australasian Institute of Mining and Metallurgy. Mr. Doyle has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration, and to the activity he is undertaking, to qualify as a "competent person" as defined in the 2004 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr. Doyle has reviewed and approved the information contained in this report. For further information regarding the Sandstone project, including a description of Troy's quality assurance program, quality control measures, the geology, samples collected and testing procedures in respect of the Sandstone project please refer to the technical report entitled "Troy Resources NL: Sandstone Gold project, Mid West Region Western Australia" dated June 2007, which is available under the Company's profile at www.sedar.com.

This report contains forward-looking statements. These forward-looking statements reflect management's current beliefs based on information currently available to management and are based on what management believes to be reasonable assumptions. A number of factors could cause actual results, performance, or achievements to differ materially from the results expressed or implied in the forward looking statements. Such factors include, among others, future prices of gold, the actual results of current production, development and/or exploration activities, changes in project parameters as plans continue to be refined, variations in ore grade or recovery rates, plant and/or equipment failure, delays in obtaining governmental approvals or in the commencement of operations.

For purposes of Clause 3.4(e) in Canadian Instrument 43-101, the company warrants that Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability.

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