Troy Resources NL: New Corporate Office and Registered Address
15.12.2011 | Marketwire
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESPERTH, WESTERN AUSTRALIA -- (Marketwire - Dec. 14, 2011) - Troy Resources NL (TSX:TRY) (ASX:TRY) ("Troy" or the "Company") is pleased to advise that the Company's Corporate and registered office has moved to new premises at Unit 12, First Floor, 11 Ventnor Avenue, West Perth, Western Australia, 6005. All telephone and facsimile numbers remain unchanged.
This report contains forward-looking statements including those relating to expected increases in production and reductions in costs. 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.
ABOUT TROY RESOURCES
Troy Resources (TSX:TRY) (ASX:TRY) is a dividend-paying junior gold producer, with a clear growth strategy. The Company has two producing gold operations; Andorinhas Mine in Para State, Brazil and the Casposo gold and silver mine, in San Juan province, Argentina.
Troy has an experienced Board and management team with a track record of successful, fast-track mine development and low-cost operations.
Troy has an annual exploration budget in excess of $15 million and a proven track record in exploration discoveries and strategic acquisitions.
Following the development of the Casposo project in Argentina, Troy has entered a renewed growth phase which will again lift the Company's annual gold production above 100,000 ounces of gold per annum.
The Company is well positioned to continue its path of strong growth and profitable operations, and on track to achieve its vision of becoming a highly profitable mid-tier gold producer with a portfolio of quality long-life assets.
The Company maintains a robust balance sheet and forecasts continued strong cash flow from its current assets. Troy's gold production is unhedged; allowing its shareholders access to the full benefit of current and future gold price upside.
Troy is a responsible corporate citizen, committed to the best practice of health and safety, environmental stewardship and social responsibility.
ABN 33 006 243 750
Contact Information
Troy Resources NL
Mr. Paul Benson, Chief Executive Officer
(61 8) 9481 1277
(61 8) 9321 8237 (FAX)
troy@troyres.com.au
www.troyres.com.au
Purple Communications
Annette Ellis
(61 8) 6314 6300
aellis@purplecom.com.au
Purple Communications
Warrick Hazeldine
(61 8) 6314 6300
whazeldine@purplecom.com.au