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May 10, 2012

FARM-IN PARTNER GOODRICH RESOURCES LTD ANNOUNCES NEW IP ANOMALIES AT CALARIE

TriAusMin Limited (ASX: TRO) (TSX: TOR) (“TriAusMin”) is pleased to refer to the recent announcement made by Goodrich Resources Ltd (ASX:GRX) (“Goodrich”) on May 9 2012 regarding positive results from a new IP survey recently undertaken at TriAusMin’s 100% owned Calarie Project, that is the subject of a Farm-In Agreement between the two companies. Goodrich has released to the ASX encouraging results from a recent Induced Polarisation (IP) survey undertaken in the central region of the Calarie tenement that has identified two strong chargeability anomalies representing drill targets for potential copper-gold or gold mineralisation. The Company is looking forward to following the progress of these new drill targets as Goodrich continues its exploration programme. For more details of this release please refer to Goodrich’s ASX release dated May 9 2012 or refer to Goodrich’s website at www.goodrichresources.com.au. About TriAusMin TriAusMin is engaged in the exploration and development of base and precious metals deposits in the Lachlan Fold Belt of New South Wales, Australia. TriAusMin’s projects include the Woodlawn Project located 200km southwest of Sydney, the Lewis Ponds Project located near Orange, 200km east of Sydney, as well as a number of other quality exploration properties in the Lachlan Fold Belt. For further information, please visit www.triausmin.com or contact: Australia: Mr Wayne Taylor, Managing Director and Chief Executive Officer: Tel: +61 02 9299 7800 (Sydney) inquire@triausmin.com Canada: Tel: +1 905 727 8688 (Toronto) info@triausmin.com

Goodrich Resources Ltd, ACN 150 737 563, c/- Summit Equities Limited,

Level 38, Australia Square Tower, 264-278 George Street, SYDNEY NSW 2000

ASX / Media Release 9 May 2012

Exciting IP Anomalies Identified at Calarie Copper-Gold project

Two very strong IP chargeability anomalies identified in new ground survey

Anomalies located in proximity to previous shallow drill gold intercepts in

quartz-veined and pyritic volcanic unit

Preparations already underway to secure drill rig and approvals

Goodrich Resources Ltd (ASX:GRX) (“Goodrich”) is pleased to present exciting results from

the Calarie copper-gold exploration project, eight kilometres north of Forbes in central NSW.

Goodrich Resources Ltd, ACN 150 737 563, c/- Summit Equities Limited,

Level 38, Australia Square Tower, 264-278 George Street, SYDNEY NSW 2000

A newly-completed induced polarisation (IP) geophysical survey over a portion of the

prospective Daroobalgie Volcanics has detected two very strong chargeability anomalies

(Figure 2a). One of these anomalies is co-incident with an isolated hill named Bald Hill and

occurs within a zone of elevated resistivity (Figure 3a) that may represent silicification and

quartz veining.

Significantly, both anomalies occur in close proximity to previous shallow drill intercepts of

pyrite-altered and quartz-veined volcanic rock containing anomalous gold. Thus, the IP

chargeability anomalies may represent porphyry copper-gold mineralisation and constitute

immediate drill targets.

Goodrich Managing Director Rod Sainty commented: “We are extremely encouraged by the

results and have already begun the process of securing access and approvals for drilling as

soon as possible.”

Survey Results

The modelling indicates that the central chargeability anomaly is approximately 200 m by

200 m and has a vertical extent in excess of 200 m. Individual chargeability readings within

the anomaly reach 45mV/V, indicating a very strong response.

Five previous shallow holes, just 25 to 66 m in length, are located peripheral to the resistivity

anomaly (Figure 2a). All five encountered pyritic volcanic rock, with four containing

conspicuous quartz veining. One hole intersected quartz veining containing 4 m at 1.2 g/t Au

within a 25 m long zone of anomalous gold values. The chargeability anomaly thus has an

excellent geological context.

A second strong chargeability anomaly occurs 400 m to the south-southeast, on the eastern

margin of the resistivity high and within a linear zone of elevated chargeability that

resembles a formational feature such as a pyritic sedimentary unit (Figures 1a and 1b). The

location suggests the possibility of a sulphidic copper-gold or gold deposit in the same

geological context as the Lachlan gold mine, three kilometres to the southwest.

Goodrich Resources Ltd, ACN 150 737 563, c/- Summit Equities Limited,

Level 38, Australia Square Tower, 264-278 George Street, SYDNEY NSW 2000

Goodrich Resources Ltd, ACN 150 737 563, c/- Summit Equities Limited,

Level 38, Australia Square Tower, 264-278 George Street, SYDNEY NSW 2000

Goodrich Resources Ltd, ACN 150 737 563, c/- Summit Equities Limited,

Level 38, Australia Square Tower, 264-278 George Street, SYDNEY NSW 2000

Survey Details

Fender Geophysics Pty Ltd acquired 30 line km of IP data over the central portion of the

Calarie project area in April using the dipole-dipole configuration. The electrode lines were

oriented east-west and spaced 200 m apart, with subsequent in-fill lines spaced 100 m apart

in the area of the central anomaly in order to provide higher resolution and thus greater

confidence in this area. The electrode separation along each line was 100 m, giving the

survey an approximate penetration depth in excess of 300 m.

Three-dimensional inversion modelling was subsequently performed on the raw IP data by

reputable consultant geophysicist Steve Collins of Arctan Services Pty Ltd. Figures 1a and

1b present a plan view and cross-section view, respectively, of the chargeability model at

150 m depth. Similarly, Figures 2a and 2b present plan and cross-section views of the

resistivity model at 150 m depth.

The Calarie Project

The exploration focus of the Calarie project (Figure 3) is the Daroobalgie Volcanics, a unit of

volcanic rocks similar in chemistry (shoshonitic) and age (Late Ordovician to Early Silurian)

to those that host the major porphyry copper-gold ore deposits of the Macquarie Arc. The

Geological Survey of New South Wales correlates the Daroobalgie Volcanics with the

Goonumbla and Wombin Volcanics of the Northparkes mine area. Thus, the Daroobalgie

Volcanics have excellent potential for hosting porphyry copper-gold and epithermal gold

mineralisation. In addition, there is potential for extensions or repetitions of the Calarie gold

deposit, located on the upper contact of the Daroobalgie Volcanics with the overlying Silurian

Cotton Formation.

The Calarie project consists of granted ML 739 over the Lachlan gold deposit, the

surrounding EL 7023 and, to the south, ELA 4336. ML 739 and EL 7023 are subject to a

farm-in agreement between TriAusMin Limited and Goodrich Resources Limited.

Statements of Compliance

The information in this report that relates to exploration results is based on information

compiled by Mr Rod Sainty, who is a Member of the Australian Institute of Geoscientists and

a full-time employee of Goodrich Resources Limited. Mr Sainty has sufficient experience

relevant to the style of mineralisation and type of deposit under consideration and to the

Goodrich Resources Ltd, ACN 150 737 563, c/- Summit Equities Limited,

Level 38, Australia Square Tower, 264-278 George Street, SYDNEY NSW 2000

activity which he is undertaking to qualify as a Competent Person as defined in the 2004

Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources

and Ore Reserves’. Mr Sainty has consented to the inclusion in this report of the matters

based on his information in the form and context in which they appear.

The information in this report that relates to geophysical results is based on information

compiled by Mr Steve Collins, who is an independent geophysical consultant to Goodrich

Resources Limited and the principal of Arctan Services Pty Ltd. He is a Member of the

Australian Institute of Geoscientists and the Australian Society of Exploration Geophysicists.

Mr Collins has sufficient experience relevant to the style of mineralisation and type of deposit

under consideration and to the activity which he is undertaking to qualify as a Competent

Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration

Results, Mineral Resources and Ore Reserves’. Mr Collins has consented to the inclusion in

this report of the matters based on his information in the form and context in which they

appear.

For further information please contact:

Rod Sainty Peggy Lee

Managing Director Marketing Communications

Goodrich Resources Ltd Goodrich Resources Ltd

T: +61 2 8243 7500 T: +61 2 8243 7516

E: rod.sainty@goodrichresources.com.au E: peggy.lee@summitequities.com.au