Rodeo Creek Property - Carlin Trend, Nevada - Trio owns a 100% interest in the Rodeo Creek property which is located at the north end of the famed "Carlin Trend" in Elko County, Nevada, and approximately 56 km northwest of the town of Carlin. The property comprises 29 contiguous mineral claims covering an area of 547 acres (221 hectares).

The salient points regarding this property are as follows:

·Strategically located 1.5 kilometers northwest of Barrick Gold Corp's Storm deposit, and 5 kilometres northwest of Centerra Gold’s REN property,

·Strategically located 1.5 kilometers northwest of Barrick Gold Corp's Storm deposit, 3 kilometres northwest of their South Arturo discovery, and 8 kilometres northwest of the famed Meikle Mine,

·The Carlin Trend, currently the most prolific gold mining area in North America, is host to as many as 30 gold mines and advanced projects, on which a combined 100 million ounces of gold production and inventory had been identified to 2002 (USGS), including world class deposits such as the Carlin, Goldstrike and Meikle Mines,

·Recent mine discoveries in this camp are in the 1.5M to 5.0M ounce category, at grades in excess of 0.3 oz/t Au, all from “Carlin-type” sedimentary and structural type gold mineralization,

·Previous drilling on the property confirms that Rodeo Creek exhibits the geological and alteration features common to many Carlin deposits; namely NW & NE control-faults, as well as halos of decalcification and silicification alteration within the highly prospective Popovich Formation, host to more than 85% of all deposits along the Carlin Trend,

·The property also contains the anomalous geochemical signature of Carlin Trend deposits (Au-As-Sb-Tl) in alteration halos within the Popovich Fm and as “leakage anomalies” along the NW & NE-trending faults,

·One such “leakage” anomaly (Flower Zone) has drill intercepts of up to 9.60 gm/T Au (0.28 oz/t) across 6m, including 29.10 gm/T Au (0.85 oz/t) over 1.5m. Mineralization occurs in a small fault-bound block within 90m of surface. It is believed to represent a strong leakage anomaly derived from underlying Carlin-type gold mineralization,

·Other “leakage” anomalies occur as intensely altered gold-bearing NE-trending fault zones (eg, Look and Flower faults) accompanied by large gold-arsenic soil anomalies traceable for more than 500m of strike length. Grades of up to 0.92 gm/T Au (0.027 oz/t) along 23m of strike length have been obtained from the Look Fault. These anomalies are believed to represent leakages from deeper Carlin-type gold mineralization,

·To date, only seven holes deep enough to reach the Popovich Fm have been drilled on the property: in 1996/97, at the north end of the property, drill hole DD96-1C encountered 27m of hydrothermally altered Popovich Fm grading 0.89 gm/T Au (0.025 oz/t). In the west, DD96-2A intercepted 7m of 0.42 gm/T Au in similar alteration. In 2003, three holes drilled on “leakage” anomalies in the south of the property, encountered significant Carlin-style alteration in the basal 35m of the Popovich Fm,

·Alteration encountered in drilling is anomalous in Carlin type pathfinder elements and is consistent with alteration halos surrounding Carlin type gold deposits, demonstrating that the type of hydrothermal activity that produced mineral deposits along the Carlin Trend was present at Rodeo Creek,

·In 2007/08 a geological study was conducted to validate the control structures that cross the property and that are believed to be associated with nearby gold deposits. One noteworthy example is the NW-trending Arturo fault zone (AFZ) which is reportedly related to the Storm, Dee and South Arturo deposits located immediately south of Rodeo Creek. The AFZ is one of Trio’s most important targets notably where it intercepts the Look fault zone; more particularly where the junction between these two faults plunges through the Popovich Fm.

·Other areas of interest are the “Flower” and “North” targets, located on the auriferous Flower fault system, and the “West” and “Arsenic” targets, located on the Antelope fault system. The N-trending Antelope and North faults are key targets because similar N-trending faults elsewhere in the Carlin Trend have been found to be important conduits for gold mineralization,

The Rodeo Creek property is considered to have very high potential for the discovery of one or more gold deposits similar to those presently being mined elsewhere on the Carlin Trend. Five geochemically anomalous target areas are outlined for further exploration. Exploration permits are current, and Trio plans to initiate an aggressive long-term exploration program on the property in 2010

To do so, the Company has signed a US $5.5M exploration agreement with a US corporation. The agreement calls for minimum expenditures of $1.5M in 2010, $2.0M in 2011 and $2.0M in 2012, after which the partner will have earned a 75% interest in Rodeo Creek