Triton Minerals : Environmental Studies Underway at Nicanda Hill

ASX ANNOUNCEMENT 26 NOVEMBER 2014

278 Barker Road

Subiaco

Western Australia 6008

PO Box 1518

West Perth

Western Australia 6872

www.tritonmineralsltd.com.au

Holder of the world's largest known combined graphite-vanadium resource.

HIGHLIGHTS

 Receipt of positive Independent Scoping Study results allows Triton to advance the Nicanda Hill resource at the Balama North project.

 Engagement of Coastal and Environmental Services (Pty) Ltd (CES) to prepare a fundamental Environmental Management and Impact Assessment for Nicanda Hill resource.

 Feasibility work underway at Nicanda Hill resource.

Triton Minerals Ltd (ASX: TON, Triton, Company) is pleased to provide an update on the rapid advancement of the Nicanda Hill resource, located at its Balama North project in Mozambique.

With the receipt of the positive results from the independent Scoping Study for the Nicanda Hill resource, as released in an ASX announcement on 26
November 2014, the Company can now advise that it has formally engaged Coastal and Environmental Services (Pty) Ltd (CES), to provide Triton with assistance in the completion of the fundamental Environmental Management and Impact Assessment and to assist with the Mining License application for the Nicanda Hill resource, at the Balama North project.
Triton Minerals Managing Director Brad Boyle said "Triton is pleased to engage CES who are a professional team with direct experience with the Balama region and will provide fundamental assistance with environmental and social advisory services. The Company believes that with the help of CES, Triton will be able to develop the Nicanda Hill resource into a world class graphite mine, in an environmentally sustainable and socially responsible manner, which will be of great benefit to Mozambique and its people."

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CES is a South African based company with operations based in South Africa and Mozambique. CES was established in 1990, to service a then fledgling market in the field of Environmental Management and Impact Assessment.
CES has grown steadily with the increased market demand for environmental and social advisory services, both in South Africa as well as in many African countries. CES is particularly active in the extractive industry, and in Mozambique, and specialises in the preparation of Environmental Social & Health Impacts Assessments (ESHIA) to Equator Principle standards.
The engagement of CES for environmental and social impact studies is just the first phase of the feasibility work to be undertaken by Triton at the Nicanda Hill resource.
In addition to the engagement of CES, the Company can confirm that it is in the final stages of the tendering process to engage parties to complete the process engineering and design and mine and transport infrastructure design work that will form the basis of a definitive feasibility study, which is estimated to be completed by the end of 2015.

Regards

Brad Boyle

CEO & Managing Director

Triton Minerals Ltd

For further information, please contact:

Brad Boyle Michael Brady

CEO & Managing Director General Counsel & Company Secretary

Tel: + 61 8 6489 2555 Tel: + 61 8 6489 2555

Email: bboyle@tritonmineralsltd.com.auEmail: mbrady@tritonmineralsltd.com.au

Forward-Looking Statements

This document may include forward-looking statements. Forward-looking statements include, but are not necessarily limited to, statements concerning Triton Minerals Limited's planned exploration program and other statements that are not historic facts. When used in this document, the words such as "could", "plan", "estimate" "expect", "intend", "may", "potential", "should" and similar expressions are forward-looking statements. Although Triton Minerals Limited believes that its expectations reflected in these are reasonable, such statements involve risks and uncertainties, and no assurance can be given that actual results will be consistent with these forward-looking statements.

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