NOT FOR RELEASE TO UNITED STATES NEWSWIRE SERVICES

TROY RESOURCES LIMITED (ASX:TRY)(TSX:TRY) has released a webcast with the
following details:


Troy Resources Comments on Karouni PFS

Speaker: Paul Benson, Managing Director & CEO

Live date: Wed, 30 Jul 2014 12:00pm AEST 

Access this webcast at www.brrmedia.com/event/124861 

Access other TRY webcasts at www.brrmedia.com/asx/TRY

Competent Persons Statement

The information in this release that relates to Exploration Targets, Production
Targets, Exploration Results, Mineral Resources or Ore Reserves for the Karouni
Project is based on, and fairly represents, information and supporting
documentation prepared by Mr Peter J Doyle, Vice President Exploration and
Business Development of Troy, a Competent Person who is a Fellow of The
Australasian Institute of Mining and Metallurgy and a "qualified person" under
National Instrument 43 101 - "Standards of Disclosure for Mineral Projects". Mr
Doyle has sufficient experience that is relevant to the style of mineralisation
and type of deposit under consideration and to the activity being undertaken to
qualify as a Competent Person as defined in the 2012 Edition of the
'Australasian Code for Reporting of Exploration Results, Mineral Resources and
Ore Reserves'. Mr Doyle has approved this announcement and consents to the
inclusion in the report of the matters based on his information in the form and
context in which it appears. Mr Doyle is a full time employee of Troy.


The information relating to the Karouni Mineral Resource Estimate August 2013 is
extracted from the news release entitled 'Smarts Deposit - Resource Update'
dated 29 August 2013 (relodged 2 September 2013) and is available to view on
www.troyres.com.au and under the Company's profile at www.sedar.com. 


The information relating to the results of the Karouni Preliminary Economic
Assessment/Scoping Study is extracted from the report entitled 'West Omai
Preliminary Economic Assessment and Scoping Study' created on 21 January 2014
and is available to view on www.troyres.com.au and on SEDAR at sedar.com.


The information relating to the results of the Karouni Pre-Feasibility Study is
extracted from the report entitled Karouni Open-Cut Pre-Feasibility Study
created on 28 July 2014 and is available to view on www.troyres.com.au and on
SEDAR at sedar.com.


The Company confirms that it is not aware of any new information or data that
materially affects the information included in the original market announcements
relating to drill results or mineral resource estimates and that all material
assumptions and technical parameters underpinning the drill results and
estimates in the relevant market announcement continue to apply and have not
materially changed. The Company confirms that the form and context in which the
Competent Person's findings are presented here have not been materially modified
from the original market announcement.


For further information regarding the Company's projects in Argentina, Brazil
and Guyana, including a description of Troy's quality assurance program, quality
control measures, the geology, sample collection and testing procedures in
respect of the Company's projects please refer to the technical reports filed
which are available under the Company's profile at www.sedar.com or on the
Company's website.


Cautionary Statements

Certain information (other than statements of historical fact) set forth in this
press release contains "forward-looking statements", and "forward-looking
information" under applicable securities laws. The results of the
Pre-Feasibility Study represent forward-looking information, including in
particular statements regarding projected production, capital and operating
costs, metal recoveries, mine life and production rates. Some of the
forward-looking statements may be identified by words such as "expects"
"anticipates", "believes", "projects", "plans", and similar expressions. In
making the forward looking statements in this news release, the Company has
applied several material assumptions, including but not limited to the price of
gold. These statements are not guarantees of future performance and undue
reliance should not be placed on them. Such forward-looking statements
necessarily involve known and unknown risks and uncertainties, which may cause
Troy's actual performance and financial results in future periods to differ
materially from any projections of future performance or results expressed or
implied by such forward-looking statements. These risks and uncertainties
include, but are not limited to: liabilities inherent in mine development and
production; geological, mining and processing technical problems; Troy's
inability to obtain required mine licenses, mine permits and regulatory
approvals required in connection with mining and mineral processing operations;
competition for, among other things, capital, acquisitions of reserves,
undeveloped lands and skilled personnel; incorrect assessments of the value of
acquisitions; changes in commodity prices and exchange rates; currency and
interest rate fluctuations; various events which could disrupt operations and/or
the transportation of mineral products, including labour stoppages and severe
weather conditions; the demand for and availability of transportation services;
the ability to secure adequate financing and management's ability to anticipate
and manage the foregoing factors and risks. There can be no assurance that
forward-looking statements will prove to be accurate, and actual results and
future events could differ materially from those anticipated in such statements.
Troy undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change except as
required by applicable securities laws. The reader is cautioned not to place
undue reliance on forward-looking statements. Troy does not undertake to update
any forward-looking information or statements, except in accordance with
applicable securities laws.


ABN: 33 006 243 750

FOR FURTHER INFORMATION PLEASE CONTACT: 
Paul Benson
Chief Executive Officer
Troy Resources Limited
T: +61 8 9481 1277
E: troy@troyres.com.au


Annette Ellis / Warrick Hazeldine
Media Relations
Cannings Purple
T: +61 8 6314 6300
E: aellis@canningspurple.com.au