ASX Code: TRF

Ian Finch

Managing Director

Neil McKay

Director

Mark Le Grange

Director

Allan Trench

Director

SHARE REGISTRY

Advanced Share Registry Services

150 Stirling Highway

Nedlands WA 6009

T: +61 (08) 9389 8033

F: +61 (08) 9389 7871

REGISTERED OFFICE

Level 2, 679 Murray St

West Perth, WA, 6005

P: +61 (08) 9485 1040

F: +61 (08) 9485 1050

14 May, 2013

Trafford plans 2000m drilling program targeting high grade

Tin, Tungsten and Silver Discoveries at Wilcherry Hill

New High Grade Silver - Tungsten at Golden Gate and Ultima Dam West Prospects include :

• 1m @ 7.2% (72,000 g/t) Tungsten with associated 41m @ 56.2 g/t Silver (including 5m @ 198.8 g/t Silver) at Golden Gate Prospect

• 28m @ 45.6 g/t Silver at Ultima Dam West Prospect

2000m drilling program planned for June 2013 to test Peterlumbo Epithermal Silver and the 7m @ 3.16% Tin at Zealous Prospect

Figure 1: Examples of Tungsten (scheelite) from Golden Gate diamond hole GG1 under UV light

Trafford Resources (ASX: TRF) is pleased to announce that recent exploration and research of

historical data has resulted in the identification of further, high grade skarn systems within the

Wilcherry Hill project. Trafford owns 100% of the rights to all minerals on the Wilcherry Hill

tenements with the exception of Iron - where it has a 20% / 80% Joint Venture with IronClad Mining

Limited (IFE). These new findings within Wilcherry Hill strengthen the Southern Gawler Craton

Hotspot in which Trafford is well placed with both tenement holdings and experience.

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New high grade skarn systems identified at Wilcherry Hill 2

Silver - Tungsten Skarns: New High Grade Drill Hits

Recent research into historical reports and the institution of a borehole re-assaying program have unearthed several high grade

Tungsten intersections within the Wilcherry area Veins at Ultima Dam West and Golden Gate assayed 1m @ 1.43% Tungsten

(W) and 1m @ 7.2 % Tungsten (W) as well as Tungsten associated with large Silver intersections at both Prospects: 28m @

45.6 g/t Silver (Ag) with 593 ppm W at Ultima Dam West and 41m @ 56.2 g/t Silver (Ag) with 0.11% Tungsten (W) including

5m @ 198.8 g/t Silver (Ag) with 0.15 % Tungsten (W) at the Golden Gate Prospect.

Tungsten has also been found in historical regional Rotary Air Blast (RAB) drilling within the Ultima Dam West Prospect -

associated with elevated Tin, Lead, Zinc, and Copper. In RUD 8 assaying returned 30m @ 0.2% W and 0.2% Tin (Sn) with

highs of 0.55 % W and 0.39 % Sn. This hole also included 18m @ 1,850 ppm Pb, 18m @ 1,411ppm Zn, and 8m @ 1,287ppm

Cu all of which is directly overlying an historical diamond hole, UD1, which shows large intersects of anomalous Silver –

Tungsten( 29m @ 12.7 g/t Ag with 471g/t W and 28m @ 11 g/t Ag with 224g/t W.

Re-assaying of the historic diamond hole at Golden Gate is currently underway with plans to re-assay 3 diamond holes at Ultima

Dam West as well as selections of RC holes scattered across both Prospects. A planned 2000m drill program in the Wilcherry

Hill / Peterlumbo tenements will be undertaken in June to test these targets. Details of this program will be released prior to

drilling being undertaken.

Figure 2: Wilcherry Hill regional map showing Tungsten and Silver over Magnetics

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New high grade skarn systems ident

Trafford well placed in Regional Hots

Regional trends are strengthening as more discoveries are made along strike

Hill and Challenger.

Figure 3: Regional trends of new discoveries on the Gawler Craton

entified at Wilcherry Hill

Trafford well placed in Regional Hotspot

Regional trends are strengthening as more discoveries are made along strike, around and in Trafford’s ground, both at Wilcherry

: Regional trends of new discoveries on the Gawler Craton

3

Trafford’s ground, both at Wilcherry

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New high grade skarn systems identified at Wilcherry Hill 4

Recent discoveries and findings have strengthened the regional hotspot trends within the Gawler Craton;

1. TRF: Golden Gate, Zealous, Ultima Dam West and Telephone Dam. The Golden Gate prospect historical data revealed

a tungsten hit of (1m @ 7.2 % W), considering an economic grade is around 0.5% this is highly encouraging. The

Zealous prospect was recently drilled by IronClad Mining (ASX: IFE), during routine QAQC on anomalous assay

results, a tin hit of (7m @ 3.16% Sn) was discovered. Just like tungsten, an economic grade is around 0.5%, which is

again encouraging. The Ultima Dam West prospect historical data has revealed silver grades of (28m @ 45.6 g/t Ag)

and highly anomalous Sn and W grades. The Telephone Dam advanced prospect has always displayed a strong silver

potential along with strong Pb-Zn grades (92m @ 2.28% Pb+Zn with 51g/t Ag including 1m @ 51.4% Pb+Zn with

750g/t Ag). These prospects show a rich endowment of silver along with high grade and anomalous tin, tungsten, lead

and zinc.

2. TRF: Black Hills, Oxy’s Bore and Death Adder. The Black Hills prospects were drilled during the middle of 2012 (see

ASX announcement dated 24th September2012), with grades in weathered material of (1m @ 65g/t Ag with 0.5% Cu

and 1m @ 12.5 g/t Ag, 0.11 g/t Au and 1610ppm Cu ). This drilling highlighted the exciting potential of the ground along

strike from IVR’s Paris silver project. Oxy’s Bore is a diffuse magnetic feature interpreted to be a potential porphyry

intrusive. Death Adder remains a very large and relevant target with crustal scale potential.

3. Investigator Resources (ASX: IVR). The Paris silver project houses the Paris silver deposit along with other Ag/Pb/Zn and

porphyry copper targets. The Paris silver deposit has a resource due out soon, while exploration of other targets is

much anticipated.

4. Musgrave Resources (ASX: MGV) and Terramin (ASX: TZN) JV. Advanced, large Menninnie Dam Pb-Zn-Ag project,

Mannequin Pb-Zn-Ag and Tank Hill Pb-Zn-Ag-Au. The Menninnie Dam deposit has an impressive resource of (7.7Mt

@ 27g/t Ag, 3.1% Zn and 2.6% Pb). While the recent discoveries of Tank Hill (6m @ 5.6% Pb+Zn with 62g/t Ag) and

Mannequin (20m @ 12.4g/t Ag with 1m @ 3.5% Zn) lie directly on Trafford’s doorstep.

5. Adelaide Resources (ASX: ADN). Recent drilling at Altona West produced impressive copper grades. The Altona West

prospect is one of several within ADN’s Moonta project.

6. Investigator Resources Roundabout IOCGU prospect is along strike from Rex Resources’ (ASX: RXM) Hillside deposit

(330Mt @ 0.6% Cu, 0.16g/t Au and 13.7% Fe).

These exciting projects all lie within the interpreted Moonta Corridor shown in Figure 3. Trafford has a significant landholding of

9770km2 within this Hotspot with two projects; the Wilcherry Hill Project and the Western Gawler Craton Project (WGCP)

surrounding the Challenger gold mine.

The Wilcherry Hill Project has always been known for its poly-metallic prospectivity and the recent discoveries on its doorstep

further express this.

The WGCP is a new project acquired by Trafford through keen tenement pegging and the purchase of Southern Gold’s package

in September 2012. Historic exploration is limited and has focused on gold. Trafford is looking forward to unlocking the exciting

potential of the area with a new approach combining new geophysical and geochemical techniques and interpretation of this

underexplored, poly-metallic region. The recent work by Marmota (ASX: MEU) and Apollo Minerals (ASX: AON) in the region

has shown the excellent polymetallic potential of the area left unrealised until now in the form of Durkin Ni-Cu (MEU) and Titan

project IOCG and Au (AON).

Ian Finch

Managing Director

Trafford Resources Limited Competent person statement: The information in this announcement that relates to Exploration Results is based on information compiled by Ian D. Finch, who is a Member of The Australasian Institute of Mining and Metallurgy and who has more than five years’ experience in the field of activity being reported on. Mr Finch is the Managing Director of the company. Mr Finch has sufficient experience which is 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 Finch consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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