"During the third quarter, we made progress monetizing our extensive stockpiles of mineralized materials. Revenues grew 4.0% sequentially as we continued to ship the materials on our Duncan Kerr Property to our off-takers for processing," stated Duncan Reid, CEO of Trio Resources, Inc. "Recently, we received revised assay results that estimated [...]
"During the first quarter, we continued to distinguish ourselves from other junior mining companies by executing on our strategy to monetize our significant stockpiles of mineralized materials and securing a five year off-take agreement with United Commodity AG, one of the world's leading processors of precious metals," stated Duncan Reid, CEO of [...]
Trio Resources is pleased to announce that the Company will commence its first semi-monthly shipment of approximately 165 tons of mineralized material to United Commodity in mid-May 2013. Under the Company's Off-Take Agreement with UC, Trio plans to make additional shipments of the same volume on a semi-monthly basis to UC's Yukon Refinery until UC [...]
Trio Resources is pleased to announce that the Company's initial shipment of 156 tons of mineralized material processed at United Commodity 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 [...]
Trio and United Commodity are pleased to announce that the mineralized material shipped to UC on February 4, has produced Silver and other value metals, via processing at UC's cutting-edge Yukon Refinery in Cobalt, Ontario. The Shipment is the first to be processed at the eco-friendly facility, as the inaugural material delivered by Trio under a [...]
Trio Resources is pleased to announce that it has signed a five-year Off-Take Agreement with United Commodity to process precious metals from the Company's above-ground stockpiles of silver-containing mineralized material. The Agreement calls for a minimum 334 tons of Trio's feed concentrate to be delivered per month to UC for processing, at its [...]