INSIDER ACTIVITY:

Year up to May 2011

James E. Sinclair, President, CEO & Director. His Total Annual Compensation in 2011 is C$187,500 per year taken 100% by Restricted Stock Units on 2011-05-10. His Total Annual Compensation before this year was Zero Canadian Dollars per year.

(He Bought 250 TRE Jul 2011 Strike 8 Call Option Contacts and 10 TRE Oct 2011 Strike 8 Call Option Contacts on 2011-05-12 and now has 70 TRE Oct 2011 Strike 8 Call Option Contacts that Cost $2,550.00 [Maximum Bought 70 {on 2011-05-12 |10|, 2011-05-11 |50|, 2011-05-10 |10|} Contracts less Sold 0 Contracts] and 2,540 Jul 2011 Strike 8 that Cost $93,340.00 [Maximum Bought 2,790 {on 2011-05-12 |250|, 2011-05-09 |25|, 2011-05-05 |50|, 2011-05-04 |25|, 2011-05-03 |25|, 2011-04-28 |125|, 2011-04-06 |40|, 2011-03-11 |460|, 2011-03-11 |30|, 2011-02-11 |1000|, 2011-02-10 |400|} Contracts less Sold 0 Contracts].)

http://www.cometgold.com/viewtopic.php?f=2&t=10462&sid=2ba5ff5cd8319e5adf31fb94f0583898 ]

Dr. William M. Harvey BA, PhD, Director, Member Audit and Compensation Committee. His Total Annual Compensation is C$80,666 per year taken 100% by Restricted Stock Units on 2011-05-10. He Sold 3,700 TRE shares on 2011-05-12.

Anton Gabriel Esterhuizen BSc (Hons) MSc (Mineral Exploration), Director, Member Technical Committee. His Total Annual Compensation is C$181,466 per year taken 46.5% {Revised Up 2% from 44.5% due to [ A ] - Amended Filing on 2011-05-13} by Restricted Stock Units on 2011-05-10.

Acquisition under a purchase/ownership plan TNX shares on 2011-05-13 were the following: Steven Petrus van Tongeren, Chief Financial Officer, B.Sc., CPA. His Total Annual Compensation is C$187,500 per year taken 100% by Restricted Stock Units on 2011-05-10. 30. Riaan van der Westhuizen, Senior Vice President. His Total Annual Compensation is $231,411 per year taken 8.3% by Restricted Stock Units on 2011-05-10.Year up to august 2010:

Helen Elizabeth Hansen, Corporate Secretary. Her Total Annual Compensation is $72,580.00 per year taken 86.8% by Restricted Stock Units on 2011-05-10 and by Acquisition under a TRE Employee Stock Purchase Plan which she puts 13.2 percent of her annual compensation.

Florian Eustack Ngunangwa, Vice President, East Africa annual compensation is $61,380 per year. He has continued to add to his TRE stock position by Acquisition under a TRE Employee Stock Purchase Plan which he now puts 34.4 percent of his annual compensation.

Year up to August 2009: