Commencement of drilling at Manus Island

3 April 2012

Triple Plate Junction Plc

("TPJ" or the "Company")

Commencement of drilling at Manus Island

TPJ, the AIM listed gold and copper exploration company in Joint Ventures with three of the world's top four gold miners in Papua New Guinea ("PNG"), is pleased to announce that it has received confirmation that its joint venture partner Newcrest PNG Exploration Limited, a subsidiary of Newcrest Mining Limited, has commenced drilling at the Kisi prospect within the Manus Island Joint Venture ("JV") in PNG.

At the Kisi prospect, eight holes (1600m) ranging in depths from 175 to 300m are planned to provide a broad spaced coverage of the more gold in soil anomalous parts of the prospect. The aim of the drilling is to demonstrate potential for a large low sulphidation epithermal system to exist which is capable of hosting a multi-million ounce gold deposit.

TPJ currently holds 75.9% of the JV, which will reduce to 15.2% following completion of Newcrest's ongoing earn-in.

CEO Fraser McGee commented: "I am delighted to announce the commencement of drilling at our Manus Island joint venture with our partner, Newcrest Mining. The sampling and mapping work completed to date confirms the significant potential for large porphyry type deposits and the Kisi prospect is the first of a number of planned drill targets.

TPJ is currently involved in two active drilling programmes with two of the world's largest gold companies, Newcrest and Newmont, and a third with Gold Anomaly and I look forward to providing updates in due course."

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