Tethyan Resources Regulatory News (TETH)

23 Oct 2006 07:01

Triple Plate Junction Plc23 October 2006 For immediate release 23 October 2006 Triple Plate Junction plc ("TPJ" or the "Company") EXCITING GOLD VALUES FROM OTIBANDA PROSPECT PAPUA NEW GUINEA (PNG) Triple Plate Junction Plc (AIM : TPJ), is pleased to announce that new rock-chipassays received from first-phase reconnaissance work at the Company's Otibandaprospect in PNG have produced widespread, consistently high gold values fromoutcropping quartz veins within strong structural shear zones. Outcrop rock-chip sampling has returned gold grades of up to 4 metres of 70 g/tfrom 3 to 5 metre wide mineralized structures in a WNW trending central zone of2.4 kilometres strike length. Highlights include: Metres sampled Au Cu Ag * g/t % g/t 4.0 70 6.4 35.3 4.0 66 2.6 83.1 1.8 18.4