The company has completed the non-brokered private placement of 4,000,000 units at twelve cents ($0.12) per unit, which was announced in Trio's press release on April 20, 2006 for gross proceeds of CDN $480,000.00. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the corporation at a price of sixteen cents ($0.16) per share, on or before the close of business on May 29, 2007. The funds will be used for evaluation of new property acquisition and working capital.

The company received approval from the TSX Venture Exchange on May 25, 2006 to extend the expiry date of the outstanding warrants pursuant to a private placement of 5 million units on May 27, 2005.  The new expiry date of these warrants will be November 26, 2006 and the exercise price will remain at $0.15 per unit

For further information on the contents of this news release or the activities of the Company, contact Mr. Harry Ruskowsky, President & CEO or Mr. Harry Stech at (403) 262-9640.

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.