Triton Minerals Ltd. Graphite Outcropping Located at Balama South

Perth, Australia (ABN Newswire) - Triton Minerals Ltd. (ASX:TON) ("Triton", "the Company") is pleased to advise that as a result of the initial limited reconnaissance exploration program the Company has located graphitic mineralisation outcropping in a number of locations over a distance of approximately 2kms in the central section of License 5304, namely the Balama South project.

Triton Managing Director Brad Boyle said "The Company is excited with the discovery of the new graphitic outcropping in the Balama South project. This initial small exploration program was about a proof of concept that the Balama South project was a long strike potential from our key Balama North project.

The outcropping has once again confirmed our original analysis and it appears that both projects are situated on the same north east trending substructure, with both project areas hosting large flake graphite and roscoellite. The outcropping zone now provides the Company with very clear exploration target areas in the Balama South project.

Airborne geophysical (VTEM) surveys are an effective exploration method when delineating graphite mineralisation. The Company has seen a very strong correlation at the Balama North project between the VTEM data anomaly and the positive drilling results confirming and delineating the very large graphite mineralisation zone. Triton will undertake an airborne geophysical survey over the very large Balama South and Ancuabe project areas with the objectives of confirming larger trends of graphitic mineralisation. Given the rough terrain and sometimes limited access in parts of the project areas, the Company feels this method will help Triton to quickly and cost-effectively refine current and identify new potential graphite mineralisation zones."

The initial limited reconnaissance mapping program conducted on Balama South, exploration license 5304, has located numerous occurrences of large flake graphite mineralisation and the presence of vanadium hosting roscoellite (Figure 2 in link below).

There are a number of physical similarities between the graphitic outcropping seen at both the Balama North and Balama South projects. This would suggest that there is a strong possibility that the graphite mineralisation seen at the Balama South project, may have developed along the same sub-structure which extends in a north-east direction to the Company's key Balama North graphite project some 30kms away.

Based on the very limited survey the graphite-rich rock appears to be outcropping on ridges and river beds in a north easterly direction for approximately 2 kilometres before descending beneath cover.

The initial visual review of the outcrops shows potential medium and large flake graphite mineralisation and numerous occurances of roscoellite (Figure 2).

Preliminary visual comparisons suggest that the graphite mineralisation located on exploration license 5304, show a number of similar characteristics to the graphitic outcropping found at the Company's key graphite Balama North project.

Further, exploration activities including additional geological transverses and mapping will be required to better delineate and refine the potential drill target areas in order to confirm the extent of the graphite mineralisation zones in the Balama South project.


VTEM Geophysical Surveys

The main focus for the Company is the rapid advancement of the Nicanda Hill prospect on the Balama North project, which hosts a very large graphite mineralisation zone, being 1km wide, over 400 deep and up to 5kms long.

Triton has found that the airborne VTEM survey to be a very effective exploration method when delineating graphite mineralisation. At the Nicanda Hill prospect there is a strong correlation between the boundaries of VTEM data anomaly and drilling results confirming the graphite mineralisation zone.

In April 2013, the Company announced the identification of large flake graphitic mineralisation outcropping in a number of locations over a distance of approximately 4kms in the northern section of exploration license 5380 in the Ancuabe project.

Now with the confirmation of the graphitic exposures at both the Balama South and Ancuabe projects, Triton believes conducting an airborne geophysical survey over these very large project areas is the most cost effective and accurate exploration method. The Company feels that this method will help Triton to quickly refine current and identify new potential graphite mineralisation zones.

Triton is pleased to confirm that Geotech Airborne Limited has been formally engaged to complete a helicopter-borne geophysical survey of VTEM Plus (Full-Waveform) and magnetic gradiometer over both the Ancuabe and Balama South projects area located in the Cabo Delgado Province of Mozambique.

The Company is aiming to complete both geophysical surveys on the Ancuabe and Balama South projects by late September 2014.

Triton looks forward to providing further exploration updates to the market as the information becomes available.

To view diagrams and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TON-686127.pdf


About Triton Minerals Limited:

Triton Minerals Ltd. (ASX:TON) is an ASX listed, responsible mineral explorer and resource management company headquartered in Perth, Australia.

Led by a highly experienced management team, Triton Minerals' vision is to grow shareholder's value through discovery or development of base metal, gold and other precious metal deposits.

Triton has made excellent progress with its three Graphite projects located in the Cabo Delgado Province in Mozambique, with the program successfully identifying a number of graphitic exposures.

It is the Company's belief that the Mozambique, Balama North Project could host multiple and very substantial world class graphite deposits.



Contact:

Triton Minerals Ltd.
Brad Boyle
T: +61-8-6489-2555
F: +61-8-9388-1252
www.tritonmineralsltd.com.au