Triple Plate Junction plc ("TPJ") is incorporated in England & Wales (company registration number 3781581) and is a gold and mineral exploration company operating mainly in Papua New Guinea and Vietnam. TPJ listed on AIM (the Alternative Investment Market) in 2004, having completed a fundraising of £4.2 million.

The company has secured highly prospective exploration areas which have the potential to host world class gold and copper-gold deposits.

TPJ will use its assets to build a significant gold producer, based on continuous identification, assessment, analysis and negotiation of controlling interests in first class gold deposits and areas with exceptional exploration potential.

Projects Map


PNG Exploration Map
http://www.tpjunction.com/template.php?menuid=1

J V Partners

Newmont / Barrick / Gold Anomaly / NewCrest

http://www.tpjunction.com/template.php?menuid=2


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Triple Plate Junction PLC

(the "Company" or "TPJ")



RESULTS FOR THE YEAR ENDED 31ST MARCH 2012



TPJ, the AIM listed gold exploration company focussed on South East Asia, today announces its results for the year ended 31st March 2012.



Highlights:



· Drilling commenced at three of the Company's four joint venture projects



Morobe

· Newmont completed Phase II earn-in three years ahead of contractual deadline

· Initial drilling completed at first two targets

· 13 additional drill targets identified

· Drilling temporarily suspended to allow mapping and sampling programmes to be finalised

Manus Island

· Geo-mag survey completed across entire project area

· Drilling underway at Kisi with 750 metres drilled since April 2012

· Newcrest expected to commence drilling at second target, Arie, during July 2012

Crater Mountain

· Gold Anomaly has completed 9,850 metres of drilling programme

· TPJ elected to reduce its share of project to 8% and take a "free carry" through to bankable feasibility study

Wamum

· Additional AUS$ 550,000 budget approved by Barrick for further fieldwork on existing and new prospects



· £2.2 million fundraising successfully completed in Q3 2011



Tony Shearer, Chairman of TPJ commented:



"The last year has been a very important one for the Company, and much has been achieved. Drilling is taking, or has taken, place on our joint ventures with Newmont, Newcrest and Gold Anomaly. While the results to date at Morobe have not yet produced assay results that indicate a major discovery, Newmont remains committed to the project and the drill programme is expected to last for at least another 3 years. We look forward to providing updates on the ongoing drilling at Manus Island in the coming months and remain confident in the future direction of the Company."

The high-stakes world of Papua New Guinea mining
27th Feb
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TW - your flood of posts is getting somewhat tiresome ..... i take it you are a commission salesman for Directors Talk, so please stop cluttering up this board with your sales pitches