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NEWS RELEASE DATED February 08, 2005
TRIO GOLD CORP. (TSX-V: TGK, US-Listed: TROOF)
Trio Reports Results From Three of Nine Reverse Circulation Holes Drilled on The Empire Mine Property in Idaho
Trio reports assay results received from American Assay Labs of Reno,
Nevada, for three of its nine RC holes drilled in December 2004. These
holes were drilled in the AP pit area of the Empire Mine development
project located near Mackay, Idaho. The RC holes were drilled
approximately 600 feet south of previously announced core hole TDD04-1
which bottomed in 13.5% copper. A location map will be posted on the
company's web site. Holes TRC04-4, TRC04-6, and TRC04-7 are located
near the western edge of the AP pit. All assays are by 4-acid
dissolution followed by ICP analysis, with checks of high assays by
AAS. Results from the other six holes are pending.
Hole TRC04-4
This 65 foot hole penetrated feldspar porphyry to 10', followed
by diopside skarn to 65 ft, where old underground mine workings were
encountered (void space).
Copper: The hole assayed a weighed average of 0.46%
copper over the 55 feet of skarn, including 1.56% copper in the bottom
10 feet of the hole.
Gold: Values in the bottom 10 feet averaged 0.363 gpT Au.
Silver: Assay values from 10' to 65' averaged 16.3 gpT,
including 10 feet (10'-20') at 21.3 gpT and 52.3 gpT in the bottom 10'
of the hole.
Zinc: Zinc assayed 0.23% from 0' to 20', 0.28% at 30'-40', and bottomed in 0.37% at 60'-65'.
Hole TRC04-6
Hole TRC04-6 penetrated diopside skarn from collar to
45', porphyry and garnet skarn from 45' to 80', and diopside skarn from
80' to 195', where the hole lost circulation and was terminated.
Copper: The upper skarn contains a weighed average of
3.29% Cu over 45 feet, including 5.42% from 10' to 25'. Results from
the lower skarn are pending, except for the bottom 35' which grades
1.86% Cu including 3.29% in the bottom 5 feet of the hole.
Gold: The top 30 feet of the hole grades an average of 0.31 gpT gold. The bottom 15 feet assays 0.325 gpT Au.
Silver: All silver assays are pending.
Zinc: The 75 foot section from 75' to 150' grades 0.29% Zn.
Hole TRC04-7
This hole penetrated diopside skarn from surface to a depth of
50 feet where old underground mine workings (void space) were
encountered.
Copper: The hole assayed a weighed average of 0.31% copper over the entire 50 ft.
Gold, Silver and Zinc: No significant values were encountered.
The Empire Mine was a former underground copper-gold-silver
producer in the period 1901 to 1942. Trio envisions a potential SX-EW
operation coupled with a mill for higher grade ores. Jim Golden P.Eng,
independent consultant to Trio, states that typical mine cutoff grades
for similar operations would be in the order of 0.1% copper, 0.2% zinc,
0.01 opt gold, and 0.1 opt silver.
Trio's Non-Brokered Private Placement of 8,395,000 common
shares, to 50 placees at $0.05, announced August 20th, 2004, was
accepted for filing by the TSX Venture Exchange on January 27th, 2005.
A total of 6,335,000 shares are subject to a hold period expiring on
March 22nd, 2005, and 2,060,000 shares have a hold period expiring on
April 20, 2005. Directors purchased 1,100,000 shares of this placement.
The 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.
TRIO GOLD CORP.
Suite 145, 251 Midpark Blvd. S.E.
Calgary, Alberta T2X-1S3
E-Mail: trio@triogold.com
Website: www.triogold.com
Phone: (403) 262-9640
Fax: (403) 262-9759
CUSIP #89669C-108, Exemption #82-2127
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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