Trio Gold Corp. Rated a 'Speculative Buy' by Investrend Affiliate eResearch Analyst, Target Set at C$0.50


NEW YORK, Nov. 26, 2003 (PRIMEZONE) -- The following is an investment opinion issued by Investrend Research Syndicate:

Analyst Ron Wortel of Investrend Research affiliate eResearch, rated Trio Gold Corp. (TSX Venture Exchange:TGK) (Other OTC:TROOF) a "Speculative Buy" in an initiating report and set a price target at C$0.50.

In the Report, which is free for a limited period of time on eResearch's website www.eresearch.ca and http://www.investrendresearch.com, the analyst commented on the Company's principal asset: "Trio Gold currently owns a 100% interest in the Rodeo Creek property that is located three kilometers northwest of the Dee gold mine at the north end of the Carlin Trend, in Elko County, Nevada. In 1989 Trio secured a 21-year lease on the property that is comprised of 29 contiguous mineral claims covering an area of 547 acres or 221 hectares. Barrick Gold owns the property surrounding the Rodeo Creek property."

Commenting on the Company's drilling plans, the analyst added: "If this program gives intersects Carlin-type mineralization we would expect additional drilling and significant interest in the project by the market and the neighbors on the Trend."

eResearch (Independent Equity Research Corp.) is an independent equity research firm focused on under-covered, under-followed North American equities. It has based its business model on that of the bond rating agencies and receives fees from its subscribers and the companies it covers. It does not trade in the securities of the companies it covers or accept any stock related compensation for its research services. It conducts no investment banking, consulting or investor relations services for the companies it covers. eResearch's sole business is equity research. Trio Gold has paid eResearch a fee of C$ 4,066 to conduct research on it.

eResearch is an affiliate of Investrend Research and a member of the FIRST Research Consortium listed at http://www.firstresearchconsortium.com, which contains the standards and ethics agreed to by all members of the association.

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