Troy Resources (TRY)

[kiwisteve]

Casposo - OPERATIONS UPDATE (As at 31 December 2010)

* Poured first gold in November.
* Ramp up to full production slower than forecast.
* Expect to reach full production rates in April, 2011.
* Mined ore stockpiles of 97,648t at 8.21g/t Au and 86.89g/t Ag or 9.45g/t Au_eq.
* Doré production of 140kg (~9% Au and 88% Ag).

http://www.troyres.com.au/operations/casposo.html?showall=1

[kiwisteve]

Troy Resources NL: High Grade Drill Intercept
Mar 15, 2011 01:16 ET
http://www.marketwire.com/mw/search.do?params=&grpSearch=C&companyid=17359

[kiwisteve]

TRY chart at - #3.36





Kiwi.

[kiwisteve]

I'm going to do some research on Troy Resources

http://www.troyres.com.au/investor-centre/shareholder-information.html
http://www.australian-shares.com/mining/TRY

Btw - Who are the 2 board marks here?

The last post was mid 2008!


kiwi

[Rocketred]

look at the first post

[johnlw]

Its not on my radar screen these days
Who was moderator?

[Rocketred]

The moderator disappeared all off a sudden

This company has no promotion what a dud

[johnlw]

BIM's Mary River is using 58% as a cutoff
They have 65%+ holes
http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:BIM-1451150&symbol=BIM&news_region=C

66% is very good as near as I can gather

So these guys have a gold play and an iron play in Brazil?

[Rocketred]

As good as it gets i think the norm is 30 to 35 %

[Tackler]

Is 66% Iron good?

[Rocketred]

http://www.asx.com.au/asxpdf/20080429/pdf/318t8f8zp1jlyg.pdf

[Tackler]

no fireworks but could be mineable

[Rocketred]

http://www.asx.com.au/asxpdf/20080428/pdf/318sbf3b5sqfvp.pdf

[Rocketred]

yup i see that.Next week BOOOOOOOOOOOOOOOOOOOOMER

[Tackler]

bid ask is 2.61 2.69 now in Oz

[Rocketred]

Yes hopefully who ever had a lid on the stock though scotia has left the building.

[Tackler]

little Scotia cross today

[Tackler]

Nice of Investors Hub to post thier crap charts in board headers

[Rocketred]

16 April 2008 PRESS RELEASE
Drilling At Indomitable Prospect, Sandstone, Intersects Broad Zones of Oxide Gold Mineralisation within Weathered Bedrock
PERTH, Western Australia: Troy Resources NL (“Troy”) (TSX: TRY; ASX: TRY) advises that forty-eight Reverse Circulation drill holes (5,394m) and one Diamond Core hole from an RC precollar have been completed at the Indomitable Prospect located 12km ENE of the Sandstone Mill. The program was focussed on the Indomitable North and South (see Collar Location Plan) below.
At Indomitable South assays have identified broad zones of low grade gold mineralisation. Significant 5m composite assays include:
•
35m @ 1.47 g/t gold from 45m in TRC674;
•
10m @ 6.24 g/t gold from 130m in TRC681 and
•
25m @ 1.12 g/t gold from 60m in TRC678
This phase of drilling has shown that mineralisation occurs along a northwest striking trend and remains open along strike to the northwest. Full results of Indomitable South are contained in Table 1 below.
Diamond core hole TRCD728 was drilled from a precollar depth of 93.7m to 191.9m targeting an interpreted “higher grade” central portion of the prospect at depth. The hole remained entirely within weathered profile and zones of quartz veining and brecciation were intersected throughout the hole. The core is being cut, sampled and will be submitted for assay.
At Indomitable North located 300m north of Indomitable South, 20 RC holes were completed on a 20m x 40m grid to test the north – south striking mineralisation intersected in TRC583 drilled last year. Wide zones of quartz veined, gossanous saprock, intense silica-fuchsite altered saprock and silica-fuchsite-arsenopyrite altered fresh basalt were intersected over the 160m strike length tested. Assays received to date include:
•
7m @ 1.18g/t gold from 6m in TRC690;
•
6m @ 8.34g/t gold from 59m in TRC691; and
•
10m @4.48g/t gold from 90m in TRC734
Full results for Indomitable North are contained in Table 2 below.
A large number of 5 metre composite and 1 metre re-split assays are still pending from both the Indomitable South and North drilling program.
Registered Office: C/- Hayes Knight Melbourne, Level 6, 31 Queen Street, Melbourne Victoria 3000
Troy’s CEO Paul Benson said “This is the second set of interesting results to come out of Sandstone this month. This drilling of the Indomitable targets, and results from the Two Mile Prospect published on April 9, are part of our programme designed to test the potential of the Sandstone leases to determine if it is possible to extend the operations life.”
“We are still waiting for the 1 metre-split assays for Indomitable, the results for the remainder of the first diamond drill hole and the entire length of the second diamond drill hole at Two Mile. Once we have all that data we will be able to determine if a second phase is required.”
“Although still early days, it is pleasing to see we are within a significant mineral system. Obviously our aim from here will be to prove continuity of any of the high grade intercepts”
Table 1: Sandstone Project
Indomitable South Reverse Circulation "RC" Drilling
Drill Assay Results - Gold Intersections >1.0g/t Gold
Hole
MGA
Easting
MGA
Northing
Gold
ID
(m)
(m)
(g/t)
Azimuth
MGA
Dip
Depth (m)
From (m)
To (m)
Length (m)
Au
TRC669
733280
6892230
090
-60
65.0
43.0
45.0
2.0
2.72
TRC673
733240
6892250
090
-60
87.0
40.0
48.0
8.0
1.23
TRC674
733200
6892250
090
-60
127.0
45.0
80.0
35.0*
1.47
TRC678
733199
6892280
090
-60
119.0
60.0
85.0
25.0*
1.12
TRC681
733191
6892310
090
-60
156.0
115.0
156.0
41.0*
1.91
including
130.0
140.0
10.0*
6.24
TRC682
733300
6892340
090
-60
96.0
55.0
60.0
5.0*
1.28
TRC729
733120
6892341
090
-60
130.0
40.0
125.0
85.0*
1.01
*denotes 5m composite sample
Registered Office: C/- Hayes Knight Melbourne, Level 6, 31 Queen Street, Melbourne Victoria 3000
Registered Office: C/- Hayes Knight Melbourne, Level 6, 31 Queen Street, Melbourne Victoria 3000
Table 2: Sandstone Project
Indomitable North Reverse Circulation "RC" Drilling
Drill Assay Results - Gold Intersections > 1g/t Gold
Hole
MGA
Easting
MGA
Northing
Gold
ID
(m)
(m)
(g/t)
Azimuth
MGA
Dip
Depth (m)
From (m)
To
(m)
Length (m)
Au
TRC690
733307
6892613
090
-60
88.0
6.0
13.0
7.0
1.18
including
8.0
10.0
2.0
2.69
TRC691
733267
6892614
090
-60
106.0
9.0
11.0
2.0
2.01
38.0
39.0
1.0
13.60
52.0
55.0
3.0
1.21
59.0
65.0
6.0
8.34
TRC693
733308
6892651
090
-60
66
7.0
10.0
3.0
1.79
TRC733
733270
6892572
090
-60
130
85.0
90.0
5.0*
1.17
TRC734
733309
6892572
090
-60
124
90.0
100.0
10.0*
4.48
*denotes 5m composite sample
All samples were prepared and assayed by SGS Mineral Services laboratory in Perth, Western Australia using Method FAA505 being Fire Assay on a 50 gram charge with an AAS finish.
The Company is unable to estimate true width as this is the first drill hole into this target. All widths stated are downhole widths.
For further information please contact:
Mr Paul Benson
CEO - Troy Resources NL
Tel: [phone]
E: [e-mail]
Information of a scientific or technical nature in this report was prepared under the supervision of Peter J. Doyle, Vice President Exploration and Business Development of Troy, a “qualified person” under National Instrument 43-101 – “Standards of Disclosure for Mineral Projects”, a member of the Australasian Institute of Mining and Metallurgy. Mr. Doyle has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration, and to the activity he is undertaking, to qualify as a “competent person” as defined in the 2004 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Doyle has reviewed and approved the information contained in this report. For further information regarding the Sandstone project, including a description of Troy’s quality assurance program, quality control measures, the geology, samples collected and testing procedures in respect of the Sandstone project please refer to the technical report entitled Troy Resources NL: Sandstone Gold project, Mid West Region Western Australia” dated June 2007, which is available under the Company’s profile at www.sedar.com.
This report contains forward-looking statements. These forward-looking statements reflect management’s current beliefs based on information currently available to management and are based on what management believes to be reasonable assumptions. A number of factors could cause actual results, performance, or achievements to differ materially from the results expressed or implied in the forward looking statements. Such factors include, among others, future prices of gold, the actual results of current production, development and/or exploration activities, changes in project parameters as plans continue to be refined, variations in ore grade or recovery rates, plant and/or equipment failure, delays in obtaining governmental approvals or in the commencement of operations.
For purposes of Clause 3.4(e) in Canadian Instrument 43-101, the company warrants that Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability.

[Rocketred]

Lets Compare

Aru 1st hole

CP-06-51 192.45 429.70 237.25 4.14
incl. 199.45 240.90 41.45 9.06
incl. 211.35 212.35 1.00 52.4
incl. 221.30 222.10 0.80 31.0
incl. 234.90 235.90 1.00 80.3
incl. 303.70 325.80 22.10 15.58
incl. 303.70 305.15 1.45 175.0
incl. 317.10 317.80 0.70 51.4
incl. 370.00 371.00 1.00 35.3

________________________________________________________________

31.0 32.0 1.0 2.09
43.0 76.0 33.0 1.52
including 63.0 68.0 5.0 7.65
127.0 138.0 11.0 1.83
including 130.0 134.0 4.0 4.11
159.0 163.0 4.0 0.60
177.0 285.0 108.0 2.59
including 195.0 197.0 2.0 7.00
including 209.0 221.0 12.0 9.05
including 257.0 264.0 7.0 9.47
including 268.0 271.0 3.0 13.51

Balance of 450 meter hole to come with 17 intersections of Visual gold

[Rocketred]

http://www.asx.com.au/asx/markets/PriceResults.jsp?method=get&template=F1001&ASXCodes=try

[Rocketred]

Substantial Shareholder
Ordinary
Shareholder
Number
of Securities
Person’s
Votes Voting Power
Percentage

Warrigal Pty Ltd 10,689,033 9,685,704 15.95%

TWENTY LARGEST SHAREHOLDERS as at 2 April 2008
Ordinary Shareholder
FULLY PAID
PARTLY PAID
Number Percentage Number Percentage
HSBC Custody Nominees (Australia) Limited 9,291,910 13.31 1,149,303 23.51
National Nominees Limited 6,061,555 10.00 714,717 14.62
CDS & Co 4,883,400
6.99

Warrigal Pty Ltd 4,773,600 6.84 1,360,539 27.83
CDS & Co (NC1 A/c) 4,290,967
6.15

J P Morgan Nominees Australia Limited 4,185,163 5.99
Gold Fields Orogen Holdings (BVI) Limited 3,130,400 4.48
ANZ Nominees Limited 3,094,682
4.43

HSBC Custody Nominees (Australia) Limited 2,890,170 4.14
Warrigal Pty Ltd 1,383,200 1.98
Mr Damon Wells 1,041,764
1.49

Citicorp Nominees Pty Limited 1,025,891 1.47
Mr John Load Cecil Jones 632,320 0.91 103,800 2.12
Arinya Investments Pty Ltd 587,700 0.84 112,500 2.30
Strath Dee Pty Ltd 551,200 0.79
Merrill Lynch (Australia) Nominees Pty Limited 532,580
0.76

HSBC Custody Nominees (Australia) Limited 500,000
0.72

L J Thomson Pty Ltd 450,588 0.65
Mr Bruce Clayton Bird 367,847 0.53
Mr John Load Cecil Jones 323,440
0.46



Mr Barton Cecil Jones 56,000 1.15
Mr Burchell Francis Jones 60,000 1.23
Chalcott Nominees Pty Ltd 120,000 2.45
Jones Partners Pty Ltd 107,100 2.19
Bedel & Sowa Corp Pty Ltd 104,600 2.14
L J & K Thomson Pty Ltd 71,157 1.46
Emeritus E Commerce 50,000 1.02
Jash Pty Limited 50,000 1.02
Maminda Pty Limited 44,552 0.91
Winterthur Life UK Limited 40,000 0.82
Mr William Jangsing Lee 37,000 0.76
Davirose Pty Ltd 35,000 0.72
Noscita Dion Pty Ltd 34,400
0.70

Mr Martin Anthony Sheales & Mrs Dianne Sheales 33,000
0.67

Geoffrey Eyre Forrest Hughes & Patricia Dawn Hughes 29,000
0.59

TOTAL TOP 20 49,998,377 71.62 4,312,668 88.21

[Rocketred]

aussie closing price 2.70

aussie dollar price 1.05 to our canadian buk

[Rocketred]

We could match that stay tuned it

[Tackler]

Deja Vu http://investorshub.advfn.com/boards/read_msg.asp?message_id=10543341

[Rocketred]

Troy drills 108 m of 2.59 g/t Au at Two Mile Hill

2008-04-09 06:23 ET - News Release
Shares issued 60,314,783
TRY Close 2008-04-08 C$ 2.07


Mr. Paul Benson reports

TROY RESOURCES NL: SIGNIFICANT DRILLING RESULTS AT TWO MILE HILL PROSPECT, SANDSTONE WESTERN AUSTRALIA

Troy Resources NL has intersected significant gold mineralization within its first deep diamond drill hole (hole TDD034) at the Two Mile Hill prospect located 2.7 kilometres northeast of the Sandstone mill.

Assay results received from hole TDD034 for downhole intervals from surface to 285 metres (about 63 per cent of samples submitted) include:


33 metres of 1.52 grams per tonne gold from 43 metres downhole, including five metres of 7.65 grams per tonne gold from 63 metres;
11 metres of 1.83 grams per tonne gold from 127 metres downhole, including four metres of 4.11 grams per tonne gold from 130 metres;
108 metres of 2.59 grams per tonne gold from 177 metres downhole. Within this intersection a number of higher-grade intervals were reported including two metres of 7.00 grams per tonne gold from 195 metres;
12 metres of 9.05 grams per tonne gold from 209 metres;
Seven metres of 9.47 grams per tonne gold from 257 metres and three metres of 13.51 grams per tonne gold from 268 metres.

The broad lower-grade intersections were calculated at a lower cut-off of 0.2 gram per tonne gold and the higher-grade intervals were calculated using a one-gram-per-tonne gold lower cut-off. Both calculations allowed two-metre internal dilution and did not apply a cut to high values. Full results are contained in the table attached.

Note: Assay results for the interval from 285 metres to 450 metres are pending.

The hole targeted an open stockwork of flat-lying quartz veins hosted in a tonalite intrusive and was drilled to 450 metres depth. The hole remained within the tonalite over its entire length.

Numerous quartz veins were intersected throughout the total length of the hole and 30 occurrences of visible gold were noted primarily within sets of narrow, quartz veins, dipping at a shallow angle to the southeast. The known lateral extent of the tonalite is a strike length of 200 metres and a width of 50 metres. However, the extent of quartz vein hosted gold mineralization within the intrusive is not known at this stage.

A second hole, TRCD727, located 80 metres south and 100 metres east of the first hole, was drilled to test the projected intersection of a banded iron formation (BIF) near the intrusive contact on the eastern margin of the tonalite, and the tonalite itself. The hole passed through highly silica, carbonate and pyrite-altered basalt to a downhole depth of 258 metres before intersecting contorted, siliceous, pyrite and magnetite bearing BIF to a depth of 306 metres, where the tonalite stock was intersected. The hole was terminated at 402.6 metres within the tonalite and 11 occurrences of visible gold were noted within quartz veins in the tonalite. This core is currently being cut and sampled.


SANDSTONE PROJECT
TWO MILE HILL DIAMOND CORE DRILLING
DRILL ASSAY RESULTS -- GOLD INTERSECTIONS GREATER THAN 0.5 G/T GOLD

MGA MGA Gold
Hole Easting Northing Azimuth Depth From To Length (g/t)
ID (m) (m) MGA Dip (m) (m) (m) (m) Au

TDD034 723120.3 6892640 270 -77 450.7 15.4 16.0 0.6 0.70
31.0 32.0 1.0 2.09
43.0 76.0 33.0 1.52
including 63.0 68.0 5.0 7.65
127.0 138.0 11.0 1.83
including 130.0 134.0 4.0 4.11
159.0 163.0 4.0 0.60
177.0 285.0 108.0 2.59
including 195.0 197.0 2.0 7.00
including 209.0 221.0 12.0 9.05
including 257.0 264.0 7.0 9.47
including 268.0 271.0 3.0 13.51


All samples were prepared and assayed by SGS Mineral Services laboratory in Perth, Western Australia, using method FAA505, being fire assay on a 50-gram charge with an AAS finish.

The company is unable to estimate true width as this is the first drill hole into this target.

Information of a scientific or technical nature in this report was prepared under the supervision of Peter J. Doyle, vice-president, exploration and business development, of Troy, a qualified person under National Instrument 43-101 -- "Standards of Disclosure for Mineral Projects," a member of the Australasian Institute of Mining and Metallurgy. Mr. Doyle has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration, and to the activity he is undertaking, to qualify as a competent person as defined in the 2004 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves." Mr. Doyle has reviewed and approved the information contained in this report.

We seek Safe Harbor.

[Rocketred]

YES fingers crossed we can match the almighy aru in the first hole or come close

[Tackler]

and 11 in the next hole 80 meters away!!!!

[Rocketred]

17 more visuals to come on 1st drill hole

KA-BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM

[Tackler]

This company is undervalued and has huge upside potential.