Troy Resources NL - Andorinhas gold mine commissioned



    PERTH, Western Australia, March 14 /CNW/ - Troy Resources NL ("Troy" or
the "Company") (TSX, ASX: TRY) is pleased to announce today the successful
commissioning of its new Andorinhas gold mine in Para State in Brazil. First
gold was poured from the plant on March 13, 2008. The second ball mill, which
will bring throughput up to full production levels, has arrived on site and is
currently being installed. It is expected that the second ball mill will be
commissioned in April.
    Initially the Andorinhas plant was fed with low grade ore from the Lagao
Seca open pit to enable commissioning of the full process circuit. All parts
of the plant have performed as designed and gold metallurgical recoveries have
been at or above forecast levels of 92%. High grade Lagao Seca ore is now
being fed into the plant.
    Mining at Lagao Seca has exceeded forecast and approximately
130,000 tonnes of ore at an estimated grade of 3.52 g/t is in stockpiles. This
equates to more than 6 months of plant feed at maximum design throughput
rates. Once at full production, the Andorinhas project is expected to produce
approximately 50,000 ounces of gold per annum over a life of at least 5 years.
    Development of the underground mine to access the high grade Mamao
deposit has commenced and is progressing on schedule. The decline to access
the ore has been initially mined by hand held methods to establish the portal
and underground services and has advanced 52 metres. The Atlas Copco Jumbo,
which will be used for both development and mechanised cut and fill mining of
the ore, is due to arrive on site by 22nd of March 2008. First ore production
from the Mamao underground is currently expected by end of July 2008.
    Troy CEO Paul Benson said "This is a significant milestone for Troy. All
those involved with bringing Andorinhas into production have done a fantastic
job. Troy purchased the property as an insitu Indicated Resource in November
2006 and has now commenced production only 16 months later for an initial
capital cost of only US$ 15.5 million. This is yet another example of Troy's
ability to build projects quickly, efficiently and at low cost. Importantly
there have been no serious accidents or incidents during the development of
the new mines at Andorinhas or the construction of the processing plant. The
icing on the cake is to commence production the day gold exceeded
US$1000 per ounce."
    "We see Andorinhas as the key element of Troy's growth over the short,
medium and longer term. So far we have seen very good reconciliation between
ore mined and our resource model with grades slightly higher than initially
modeled. We continue to aggressively explore the Andorinhas leases and expect
to add to the resource estimate mid year at which time we also expect to have
the results of the scoping study into the commercial mining of the iron ore
that is also found on the Andorinhas leases."

    Information of a scientific or technical nature in this press release was
prepared under the supervision of Peter J. Doyle, Vice President Exploration
and Business Development of Troy, a "qualified person" under National
Instrument 43-101 - "Standards of Disclosure for Mineral Projects" Mr. Doyle
has reviewed and approved the information contained in this news release. For
further information regarding the Andorinhas project, including a description
of Troy's quality assurance program, quality control measures, the geology,
samples collected and testing procedures in respect of the Andorinhas project
a please refer to the technical report entitled "Troy Resources NL: Technical
Report on Andorinhas Gold Project, Para State, Brazil" dated November 2007
which is available under the Company's profile at

    This news release contains forward-looking statements. 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.

For further information:

For further information: Mr Paul Benson, Chief Executive Officer, T:
(618) 9481 1277, E:

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