Triton Gold

Triton Gold embraces its corporate responsibility as a minerals explorer by using environmentally sound practices while providing support that promotes the social and economic well being of the communities in which it operates. This sustainable approach is good business practice that reduces risk, strengthens relationships with stakeholders and makes the Company a more attractive partner in development.

Triton Gold’s objective is to add Shareholder value through discovery and development of quality gold and other metal deposits. The Company aims to achieve this goal by applying leading edge technologies and geological concepts to explore highly prospective mature and immature provinces in Australia and overseas. This strategy is aligned with the generally industry-wide accepted view that the next generation of major deposit discoveries will be either blind to the surface or at deeper levels than those previously explored.

The Company continues to place an emphasis on the application of alteration mapping using geochemistry and multispectral data, in conjunction with mapping and drilling to discover significant gold resources. This approach has been achieved through engagement of industry experts in the field of lithogeochemistry, hydrogeochemistry, geophysics and spectral geology to support the Company’s in house capabilities.

Project Overview

Triton has an extensive tenement holding in the Albany-Fraser Province, which has emerged as a significant gold province over the last decade with the discovery and continuing development of the +5Moz Tropicana Gold Mine (AngloGold Ashanti/Independence Group JV), and exciting exploration results reported by Beadell Resources Ltd, International Goldfields Ltd, Sipa Resources and others. Triton has established a strategic alliance for the Albany-Fraser Province with Teck Australia Ltd, and includes the Salmon Gums, Fraser Range North, Cundeelee and Neale projects.

Triton recognised that the Windarra Project has the potential to host significant gold mineralisation that may have gone undetected due to the previous operators focus on nickel.  Triton has the right to explore for gold in the Windarra district, under a Gold Rights Transfer Agreement with Poseidon Nickel Ltd. In 2011, the Company plans to drill test a number of surface geochemical anomalies and alteration identified from a multispectral study on historic drill chips.

In joint venture with Tushtena Resources and Panoramic Resources, Triton is exploring the Tushtena Project within the Tintina Gold Belt of southeast Alaska. The Tintina Gold Belt hosts world-class gold deposits such as Pogo (5.6M oz) and Fort Knox (3.6M oz). The Company believes the Tushtena Project has the potential to host a significant gold asset on the basis of historic high grade gold results from surface sampling and drilling, the character of the mapped alteration and the relatively limited historical gold exploration.

The Company continues to review new business development opportunities both within Australia, and offshore, to complement the existing portfolio of projects.

Salmon Gums

Fraser Range North

Windarra Tailings

Windarra Regional

Cundeelee

Tushtena

BOARD of DIRECTORS

John Loney | Non-Executive Chairman

Mr Loney joined Triton Gold’s board in 2007, with more than 30 years experience in the mining industry, most recently serving for 19 years with Placer Dome where he rose to be Vice President of Risk Management and Assurance, previously serving in other senior roles such as Chief Financial Officer of Placer Dome Asia Pacific.  Mr. Loney also held management positions with the mining company Utah International Inc in tax, treasury, insurance, financial planning and analysis as well as Company Secretary.  Prior to this, Mr. Loney obtained accounting, tax and audit experience and designation with the Australian Chartered Accounting firm Hungerford Spooner & Kirkhope (now KPMG Australia).  Mr. Loney holds a Bachelor of Commerce from the University of Queensland, Australia.

Allen Lance Govey | Managing Director & Chief Executive Officer

Mr. Govey has 35 years experience in the minerals sector with wide ranging involvement in successful exploration and mining geology within Australia, Indonesia and the Philippines. Graduating from UNSW in 1975 with a BSc (Hons) degree and JCUNQ with an MSc in Mining and Exploration Geology, his early career was focussed on the copper and tin industries with CSR Minerals Division (Mt Gunson Copper Mine and PT Koba Tin respectively).  The majority of the last 30 years has been in the gold sector, primarily within Western Australia including involvement at the discovery stage of Granny Smith, with the original Aztec Mining Group (Forrestania Belt – Bounty Gold Mine) and subsequently with Normandy Mining Group (Golden Grove – Minjar district gold discoveries).  Mr. Govey spent the last eight years with Red 5 Limited as Executive Director (Technical) responsible for exploration and development studies at the million ounce Siana Gold Project in the Philippines.  Other roles included a significant contribution to Red 5’s public and investor relations functions and related capital raisings.

Greg Hall | Non-executive Director

Mr. Hall’s most recent position was Chief Geologist of Placer Dome Group, a post he held for more than five years.  Mr. Hall has more than 30 years experience in the exploration and mining industry, 25 years of them in Western Australia.  He was directly involved in discovering Rio Tinto’s Yandi iron ore mine and Barrick Gold’s Granny Smith mine, and took part in the discoveries of Keringal and Wallaby in Australia’s Eastern Goldfields, as well as the definition of AngloGold Ashanti’s Sunrise gold mine.  Mr. Hall holds a Bachelor of Applied Science from the University of New South Wales, Australia.

David Singleton | Non-executive Director

Mr Singleton became the CEO and MD of Poseidon Nickel Ltd in July 2007.  David was the Chief Executive Officer and MD of Clough Ltd between August 2003 and January 2007. Prior to that he was the Group Head of Strategy, Mergers and Acquisitions for BAE Systems (formally British Aerospace) in London and prior to that the CEO of Alenia Marconi Systems and was based in Rome, Italy.  Mr Singleton is also a no-executive Director of Quickstep Holdings, which is a technology based GRP manufacturer to the Defence industry.  David has over 20 years international business experience in senior executive roles, primarily in Australia, Europe and the USA.

Trevor Osborne | Non-executive Director

Mr Osborne has a technical and business background in the electronic and electromagnetic industries.  Mr Osborne invented and successfully developed an innovative power generating technology that was eventually marketed in 69 countries.  With experience as a public director Mr Osborne has also been involved in arranging a number of successful capital raisings.  Currently he is involved in gold projects in the United States where his role is to oversee and monitor the development of new innovative gold extraction technologies.

MANAGEMENT

Carl Young | Exploration Manager
Mr. Young has performed mining, exploration and research geology roles over past 12 years at a number of locations throughout Australia. Prior to joining Triton Gold, he undertook gold-focussed applied research within Barrick Gold’s Kalgoorlie operations (formerly Placer Dome) jointly with the Predictive Mineral Discovery Co-operative Research Centre. This ‘embedded research’ involved mapping and modelling of a variety of ore-systems using advanced technologies and techniques in spectral geology, geochemistry and 3D GIS. Mr. Young was also a member of the Barrick Gold generative team and was closely involved in integration of the research findings and methodology into the exploration process. Carl graduated with Honours in Geology from the University of Western Australia in 1997 and undertook research as a PhD candidate from 2000 to 2004. This research covered structural and geochemical analysis of Proterozoic gold mineralisation in Western Australia. Mr Young has experience in open-pit and underground gold mining operations, as well as exploration for mineral sands in WA and Queensland.

Brad Boyle | Company Secretary
Mr. Boyle has extensive experience as in-house council and company secretary for listed and unlisted exploration companies. Mr. Boyle is a Chartered Company Secretary and Associate of the Chartered Institute of Secretaries and Institute of Chartered Secretaries and Administrators, member of the Australian Institute of Company Directors and Australian Corporate Lawyers Association.  Brad manages the Corporate Services team at Balance Legal. Previously, Mr. Boyle acquired a diverse range of corporate and private practice experience acting for mining, commercial and government clients across a broad range of sectors, including acting for the Australian Government Solicitor and Commonwealth Director of Public Prosecutions. Prior to being admitted as a lawyer, Mr. Boyle was a member of the West Australian Police Service.

Jay Stephenson | Chief Financial Officer
Mr. Stephenson holds a Master of Business Administration, is a Certified Practising Accountant (Australia), Certified Management Accountant (Canada), Member of the Australian Institute of Company Directors and Fellow of the Chartered Institute of Secretaries.  Mr. Stephenson has been involved in business development for over 20 years including approximately 16 years as Director, Chief Financial Officer and Company Secretary for various listed and unlisted entities in resources, manufacturing, wine, hotels and property. He has been involved in business acquisitions, mergers, initial public offerings, capital raisings, business restructuring as well managing all areas of finance for companies.