TROY RESOURCES LIMITED
ASX ANNOUNCEMENT
9 April 2018
RECORD GOLD PRODUCTION IN MARCH 2018 QUARTER
Troy Resources Limited (ASX: TRY) (Troy or the Company) is pleased to advise that the
Karouni operation in Guyana has achieved a record gold production of 21,703 ounces in the
March 2018 quarter.
This production figure is well in excess of budget, 35% higher than the December 2017 quarter
production of 16,109 ounces and 8% higher than the previous record quarterly production of
20,195 ounces established in the March quarter 2016.
Troy Managing Director, Mr Ken Nilsson, said today:-
“Excellent grades from the Smarts 3 pit together with a strong performance by mining and
processing have enabled the Company to beat budget and set a record quarter of gold
production for the Karouni project.
“The production budget for future quarters is set at an amount slightly below that of this record
quarter.”
The Company will release to the market its full March 2018 quarterly report in late April 2018.
ENDS
For further information please contact:
Peter Stern - Non-Executive Chairman
Troy Resources Limited
T: (61 8) 9481 1277
E: [email protected]
TRY Price at posting:
8.6¢ Sentiment: Hold Disclosure: Held