Trio Resources, Inc.'s First Shipment of Mineralized Material Producing Recovery Rates of Silver from 97%-99%; Nickel from 95%-97%; and Cobalt from 95%-97%

TORONTO, April 16, 2013 /PRNewswire/ -- Trio Resources, Inc. ("Trio" or the "Company") (OTCBB: TRII; www.trioresources.com) is pleased to announce that the Company's initial shipment of 156 tons of mineralized material processed at United Commodity AG's ("UC") Yukon Refinery is expected to generate revenues of approximately $236,000 for Trio Resources, Inc. The revenue estimates for the shipment are based on the recovery rates of silver (97%-99%), nickel (95%-97%), and cobalt (95%-97%), which have been produced at UC's cutting-edge facility. Based on Trio's previously announced Off-Take Agreement with United Commodity AG, the Company anticipates that its future shipments of mineralized material to UC will constitute more than double the volume of the inaugural shipment.

"We are very pleased with the results of our first shipment to UC, and the high recovery rates we attained from our inventories of above-ground mineralized materials," stated Duncan Reid, CEO of Trio Resources, Inc. "Today's announcement qualifies the value of the material on our property, and demonstrates that we are well-positioned to execute our revenue generation strategy. Going forward, we will continue to monetize our significant stockpiles while conjointly pursuing an exploration program on our property."


About Trio Resources, Inc.

Trio Resources, Inc. is an exploration and small-scale processing company which plans to focus on the exploration and milling of mineralized materials located in historically prolific regions. Trio is organized to hold assets in the mining industry, targeting older mining camps with residual value. Trio's intention is to conduct an exploration program, in conjunction with milling initiatives to monetize its existing above-ground mineralized material on-site, with the purpose of being cash-flow positive primarily through milling and marketing mineralized material and concentrate to refiners. For more information, please visit http://www.trioresources.com.


Cautionary Note Regarding Forward-Looking Statements:

This Press Release contains forward-looking statements. Such statements may include, but are not limited to, information related to: our plans and objectives; anticipated operations and operating results; potential exploration and exploration results; relationships with refiners, purchasers and off-takers; demand for mineralized materials; financial resources and condition; anticipated sales, revenues and profitability; build-out of our mill and milling capacity; changes in accounting treatment; cost of sales; selling, general and administrative expenses; interest expense; the ability to produce the liquidity or enter into agreements to acquire the capital necessary to continue our operations and take advantage of opportunities; legal proceedings and claims. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "plans," "intends," "anticipates," "believes," "seeks," "could," "estimates," "expects," "intends," "may," "potential," "predicts," "projects," "should," "would" and similar expressions intended to identify forward-looking statements. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. These risks and uncertainties include, but are not limited to, the factors described in our Report on Form 8-K/A filed with the SEC on March 15, 2013, including the section captioned "Risk Factors" therein. Given these uncertainties, you should not place undue reliance on these forward-looking statements. The forward-looking statements set forth herein reflect our estimates and assumptions only as of the date of this press release and are subject to change after such date. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.



Contact

Trio Resources, Inc.
Toll-Free: 855.321.TRIO (8746)
Fax: 855.321.4335
www.trioresources.com

Investor Contacts
KCSA Strategic Communications
+1 212.896.1215 / +1 212.896.1233
tfromer@kcsa.com / pcarlson@kcsa.com
Todd Fromer / Philip Carlson