Troy Resources Limited (Troy), formerly Troy Resources NL, is engaged in gold and silver production through its operations at Andorinhas in Brazil and Casposo in Argentina. During the fiscal year ended June 30, 2012 (fiscal 2012), exploration activities for gold and silver concentrated at the Casposo site in Argentina. During fiscal 2012, Troy�s total production was 119,621 ounces of gold and 937,208 ounces of silver or 137,457 gold equivalent ounces. Troy�s wholly owned Andorinhas operation in Brazil comprises the Mamao underground mine. In March 2013, the Company announced that it has completed the sale of its Sandstone property in the East Murchison region of Western Australia (excluding any nickel interests), to gold development company Southern Cross Goldfields Ltd. In August 2013, the Company announced that it has completed the compulsory acquisition of all outstanding shares in Azimuth Resources Limited.