Calgary, AB, - Trio Gold Corp. (“Trio”) announces that, subject to the approval of the TSX Venture Exchange, it intends to proceed with a non-brokered private placement of up to five million units at a price of $0.05 per unit. Each unit will consist of one common share and one common share purchase warrant (the “warrant”). Each warrant will entitle the holder to acquire one common share of the company for ten cents ($0.10) per share for a period of 18 months from the date of closing. The net proceeds are intended to be used for working capital purposes. The shares issued pursuant to this placement will be subject to a four month hold period from the date of closing.

Trio owns a 100% interest in the 29-claim Rodeo Creek property located on the prolific Carlin Gold Trend in Nevada. The property has yielded historic drill results of up to 29.1 gm/T Au (0.85 oz/t) over 1.5m and 27m of 0.89 gm/T Au (0.03 oz/t). With gold near all time highs, Trio intends to actively explore the property in 2008 by raising funds through the issuance of treasury shares, thereby maintaining its 100% ownership in the property, or by attracting a suitable joint-venture partner.

Trio welcomes Mr. Dan Tataryn who was elected to the board at the company’s recent annual shareholders meeting. Dan is an airline Captain employed by a Canadian airline. He brings more than 25 years of business and management skills to the board.

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.