TORONTO, ONTARIO--(Marketwired - Aug 13, 2014) - Trio Resources Inc. ("Trio" or the "Company") (OTCBB:TRII) announced today the completion of its private placement offering (the "Offering") of its common stock to certain accredited investors. The Offering generated gross proceeds of $545,000.00 through the issuance of restricted shares in the Company. Management intends for the proceeds of the Offering to enable the [...]
TORONTO, ONTARIO--(Marketwired - Jul 24, 2014) - Trio Resources Inc. ("Trio" or the "Company") (OTCBB:TRII) announces significant progress in the implementation of its 100T/day Ball Mill, and in the development of crushed high-grade mineralized material to be milled. The record-breaking winter weather of 2013/14 forced several delays to the Company's operating plans. We are pleased to announce that we have been able to [...]
TORONTO, Dec. 30, 2013 /PRNewswire/ -- Trio Resources Inc. ("Trio" or the "Company") (OTCBB: TRII; www.trioresources.com) is pleased to report its operating results for the full year ended September 30, 2013. Fiscal Year 2013 Highlights: Signed two-year offtake agreement with Noble Refinery to process $40 million of precious metals produced at Trio's milling facility in Cobalt, Ontario; Began exploration work on the [...]
TORONTO, Dec. 6, 2013 /PRNewswire/ -- Trio Resources Inc. ("Trio" or the "Company") (OTCBB: TRII; www.trioresources.com) is pleased to announce that it has finalized plans with geologist Joerg Kleinbock of JMK Exploration to begin exploration work at the Stairs gold mine. Mr. Kleinbock will bring his many years of experience overseeing large projects to his new role at the historical gold producer, where he will handle [...]
TORONTO, Dec. 4, 2013 /PRNewswire/ -- Trio Resources Inc. ("Trio" or the "Company") (OTCBB: TRII; www.trioresources.com) is pleased to announce that it has signed an Off-Take agreement with Noble Refinery ("Noble") of Switzerland to process precious metals produced at the Company's milling facility in Cobalt, Ontario. The Company anticipates it will produce $40 million of precious metals over the two year contract. Under [...]
TORONTO, Nov. 26, 2013 /PRNewswire/ -- Trio Resources Inc. ("Trio" or the "Company") (OTCBB: TRII; www.trioresources.com) has joined a consortium that is researching ways to take arsenic, a waste product commonly found in mines across Canada, and use it in the production of solar panels. Trio will work with scientists in Europe and North America to develop a replacement for the silicon in photovoltaic cells with Gallium [...]
TORONTO, Oct. 30, 2013 /PRNewswire/ -- Trio Resources Inc. ("Trio" or the "Company") (OTCBB: TRII; www.trioresources.com) is pleased to announce that the Company has assigned Golder Associates to manage and create the resource valuation of its above ground mineralized material piles. In order to create a bankable resource for the company, Trio Resources has contracted a local crushing company to begin crushing and [...]
TORONTO, Oct. 25, 2013 /PRNewswire/ -- Trio Resources Inc. ("Trio" or the "Company") (OTCBB: TRII; www.trioresources.com) is pleased to announce that the Company has commenced its exploration program on the historic Stairs Gold Mine Property. The joint venture program with Teck Resources requires exploration work on the property over a three year period. The Company is also pleased to report that a geological compilation [...]
TORONTO, Oct. 21, 2013 /PRNewswire/ -- Trio Resources Inc. ("Trio" or the "Company") (OTCBB: TRII; www.trioresources.com) is pleased to announce that it has begun the process of automating the mill that it will house at its headquarters at the Company's Duncan-Kerr Property in Cobalt, Ontario. Once the mill is installed, the Company will be able to process stockpiles of mineralized material in house. Trio anticipates that [...]
Trio Resources is pleased to announce that the Company has entered into an Option/Joint Venture Agreement with Teck Resources to earn a 100% interest in the historic Stairs Property, subject to a back-in right retained by Teck. Located 29 km west of AuRico Gold's Young Davidson Mine along the extension of the Larder Lake – Cadillac Fault Zone, the Property consists of 18 leasehold claims covering approximately 332 [...]
Trio Resources is pleased to announce that it has formed a wholly-owned subsidiary to provide a vehicle for expanding its land package of properties with known quantities of mineralized materials. The subsidiary, Trio Resources Exploration and Development, will pursue joint venture and acquisition opportunities to develop Trio's reserves of precious and base metals. The Company has entered final negotiations on its first [...]
Trio Resources is pleased to announce that it will install the gravitational mill recently purchased on the Company's Duncan-Kerr Property in Cobalt, Ontario, allowing the Company to process stock piles of mineralized material in house. Trio's mill will process 100 tons a day at full capacity, and is scheduled to go into operation by the end of 2013. The mill feature's state-of-the-art automation equipment, which is being [...]