Assay Results from Rodeo Creek

July 29, 2010 in Press Release


Assay Results from Rodeo Creek

Trio Gold Corp (Trio) is pleased to update its shareholders on the drilling activity ongoing on the Rodeo Creek property located on the prolific Carlin gold trend in Elko county Nevada. A total of four holes were drilled in the Flower Zone area of the property to test the fault structures that may point the way to the source of gold mineralization in this area of the property. In addition to the Flower Zone drilling, two deep holes have been completed on the �West� target, and one deep hole is currently being drilled on the south central portion of the property known as the �Look� target.

At the Flower zone, hole AMK-FZ-3 encountered an 85 ft interval, beginning at 315 ft, assaying 1.64 gm/T gold (0.05 oz/t) including a 20 ft section grading 4.22 gm/T (0.12 oz/t). This intercept is in fault-breccia within the Flower fault. Hole AMK-FZ-1 encountered a five foot section grading 0.55gm/T Au (0.016 oz/t) at 265 ft, and hole AMK-FZ-2 assayed 0.81gm/T Au (0.024 oz/t) over a 30 ft interval at 315 ft including 2.06 gm/T gold (0.06 oz/t) over five feet. Both of these intervals are in breccia on the Rodeo fault. The fourth hole, AMK-FZ-4, was drilled squarely into the Flower fault, and penetrated 150 ft of intense brecciation from 340 to 488 ft, including a 43 ft section grading 1.33 gm/T (0.04 oz/t) starting at 340 ft. This includes 14 ft grading 2.37 gm/T (0.07 oz/t). The fault is underlain by 50 ft of highly fractured siltstone to 540 ft. The entire 200 ft fault/fracture structure is strongly anomalous in arsenic, antimony and thallium, all of which are very closely linked to Carlin-type mineralization.

The drilling conducted in the Flower target indicates that the gold mineralization is controlled by the Flower fault system. It is believed that this mineralization represents �leakage� from a deep-seated structure. Additional drilling on this high-priority target is required and a phase 2 drill program will be developed to focus along the downward projection of the Flower fault structure.

At the northern �West� target, hole AMK10-1 has been completed to a depth of 2978 ft. Assays are pending. At the central �West� target, hole AMK10-2 has also been completed to a depth of 3027ft, and assays are also pending on this hole. The core rig has moved to hole AMK10-3. AMK10-3 is located on the Look target, and has been pre-collared to 1950 ft. This hole is expected to reach approximately 3000 ft in depth.

The TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of the private placement announced on May 11, 2010. A total of 2,153,667 units were issued, each unit consisting of one common share and one share purchase warrant at a purchase price of $0.15, for gross proceeds of $323,050.00. Each warrant allows the purchaser to buy one common share at a price of $0.20 for a period of one year. Directors purchased a total of 105,000 units. A finder�s fee of $10,425.00 was paid. A total of 2,128,667 warrants will expire on July 6th, 2011, and 25,000 warrants will expire on July 12th, 2011. The shares are subject to a four month hold period from the date of issue July 6, and July 12, 2010.

This release has been prepared by Philip van Angeren P.Geol., director of Trio Gold Corp., and a �qualified person� under National Instrument 43-101 guidelines.

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