Company Highlights

• 2006 activities continue to focus on the Mouat nickel-copper deposit at Stillwater, Montana.  Canada’s Northern Prospector magazine ranks Trend’s Athabasca Basin uranium project as #2 of 15 projects being drilled and evaluated in Saskatchewan;
   
• Stillwater, October:  Engineering firm retained to construct 3D computer model of Mouat nickel-copper deposit inundated with work from existing clients, July-scheduled assignment postponed to late Fall 2006;
   
• Stillwater, August:  2006 drilling postponed due to forest fires which closed access to the national forest.  Trend has already filed its operating plan for drilling at Stillwater in 2007.  Trend seeks to reopen the Mouat Tunnel, Stillwater, Montana, subject to permits, but also had to postpone this activity to 2007 due to 2006 forest fires.  Once the tunnel has been opened, Trend will be able to work underground throughout the year.  Portions of the Mouat can be accessed directly from this tunnel for modern sampling program;
   

• Stillwater, May:  Positive evaluation of Mouat nickel copper deposit by Derry, Michener, Booth, & Wahl and by Hartmann Management Consulting suggests portions of deposit may be economic to mine by underground methods.  Crew on ground at Mouat succeeded in identifying some historic drill core and coarse rejects from previous sampling.  These have been sent in for re-assaying and will be used to commence re-evaluating the historical interpretations but new sampling and drilling will be required for current SEC reporting requirements.  Historic data from 127 drill holes has been digitized for 3D computer modeling.  Computer modeling scheduled for July, 2006.
   

• Andacollo, Chile:  Company’s 1% NSR royalty interest on Andacollo Gold Mine (Chile) commenced payments in May 2006.  The mine commenced production at the end of March, production and gold prices have grown, and the mine is now paying Trend at the rate of $22,000/month (November 2006);
   
• Lake Owen, June:  Trend brought in partner RMP Resources to explore Lake Owen; Trend retains 3% royalty after RMP spends $5 million on the project;
   
• Peter Lake, Saskatchewan:  Company continues efforts to market the project and find a partner.