TRV Trivello Energy Inc.

Trivello Energy Corp. (TSX VENTURE:TRV) (the "Company") is pleased to announce
that it has acquired the historic Tom Gold Mine and related claims, located
approximately 10 km northeast of Yellowknife, NWT.


Under the terms of the Acquisition Agreement, Trivello will acquire 100% mineral
interest in the Tom Gold Mine related claims from Zimtu Capital Corp. and 877384
Alberta Ltd. Total consideration of the Acquisition is $100,000.00 cash, and the
issuance of 2.0 million common shares of the Company.


Arndt Roehlig, President of Trivello, states; "Trivello has navigated through a
very challenging year with a primary focus on natural gas. Management and the
board invested considerable time and effort considering all available options to
maximize shareholder value. Given the volatility still present in the global
economy, and suppressed natural gas prices, it was determined that expanding our
resource holdings into the gold sector was a prudent course of action for our
Company. The Tom Gold Mine's historical production, and the vendor's credibility
in the sector, gave us added comfort that the Tom Gold Mine opportunity was the
right opportunity for our gold strategy. Moving forward, we will expand our gold
strategy and continue to review all options to maximize value from our natural
gas assets."


About Tom Gold Mine Project

The Tom Gold Mine Project includes five mineral claims totaling 650 acres (263
hectares) situated approximately 10 km northeast of Yellowknife, NWT and is
accessible year round via an all-weather road. The Tom Mine Property was first
worked by Cominco in the early 1940's in tandem with bringing the Ptarmigan
Mine, located approximately 1.5 km to the south, into production. The Ptarmigan
Mine was closed in 1942, shortly after it opened, due to the war. The Tom
Property and Ptarmigan Mine were then acquired by Treminco Resources Ltd. in
1985 and both put into production from 1986 to 1997 when low gold prices forced
Treminco to close operations (gold traded within the range of $283 to $362.15
per ounce in 1997).


In the later years of production, the Tom Mine represented a growing percentage
of Treminco's overall gold production and represented approximately 1/3 of their
total production in 1997. From February 1986 to July 1987, 19,000 tonnes of ore
were extracted from the Tom Mine producing approximately 4,083 ounces of gold.
Between 1987 and 1995 production from Tom was not recorded as it was grouped
with Ptarmigan's production. However, another 2000 ounces of gold were produced
from Tom from 1995 to 1997.


The Tom Property is underlain by amphibolite-grade metaturbidites of the Burwash
Formation. At the property, at least four quartz veins were drilled. The primary
producer was the Tom No. 3 vein with the C-vein becoming the major producer by
1991-1992. The Tom No. 3 vein was discontinuous to 8 m wide, over a strike
length of about 365 m. The quartz vein contained less than 1% other minerals,
including pyrite, sphalerite, galena and lesser amounts of other sulphides.


Additional information about the Tom Gold Mine project and Trivello's gold
strategy will distributed in due course.


The technical information provided above for the Tom Gold Mine project was
prepared by Darren Smith, M.Sc., P.Geol, a qualified person as defined by NI
43-101.


On behalf on the Board of Directors:

Arndt Roehlig, President

Trivello Energy Inc. (TSXV:TRV)
Historical Stock Chart
From May 2024 to Jun 2024

Trivello Energy Inc. (TSXV:TRV)
Historical Stock Chart
From Jun 2023 to Jun 2024