Quadro Options Its Staghorn Central Newfoundland Gold Property to TRU Precious Metals Corp.

Vancouver - Quadro Resources Ltd. (TSXV: QRO) (OTCQB: QDROF) (FSE: G4O2) ('Quadro' or the 'Company') is pleased to announce that, subject to TSX Venture Exchange approval, it has signed an option agreement for the Staghorn property in Newfoundland and Labrador with TRU Precious Metals Corp. ('TRU'), giving TRU the option to acquire up to an aggregate 65% interest in the Property (the 'Staghorn Option').

THE STAGHORN OPTION

In order for TRU to exercise the Initial Option of 51% interest in the Property, TRU shall make the following payments, shall cause the following shares to be issued and in the name of Quadro (the 'Purchase Price') and shall incur an aggregate of $1,100,000 of exploration expenditures (subject to certain adjustments) (the 'Exploration Expenditures'), including at least an aggregate of $660,000 worth of drilling activities on the Property (the 'Initial Drilling Commitments') on or before the corresponding dates set forth below.

The Initial Option

On three days following Exchange approval (the 'Effective Date'): the issuance of $100,000 in TRU shares, such TRU shares to have a deemed issue price per TRU share equal to the greater of: (a) the VWAP of the TRU shares (VWAP meaning the volume-weighted average trading price of the TRU shares on the Exchange for the twenty previous consecutive trading days) and (b) the lowest discounted price permitted pursuant to the policies of the Exchange; On or before the one year anniversary of the Effective Date: (i) the payment of $25,000 in cash and (ii) the issuance of a further $100,000 in TRU shares, such TRU shares to have a deemed issue price per TRU share equal to the greater of: (a) the VWAP of the TRU shares and (b) the lowest discounted price permitted pursuant to the policies of the Exchange and (iii) incur Exploration Expenditures of an aggregate of $200,000; On or before the two year anniversary of the Effective Date: (i) a further payment of $100,000 in cash; (ii) the issuance of a further $150,000 in TRU shares, such TRU shares to have a deemed issue price per TRU share equal to the greater of: (a) the VWAP of the TRU shares and (b) the lowest discounted price permitted pursuant to the policies of the Exchange and (iii) incur Exploration Expenditures of an aggregate of a further $300,000 and On or before the three year anniversary of the Effective Date, incur Exploration Expenditures of an aggregate of a further $600,000.

On the Effective Date, the parties shall form an exploration committee to review upcoming exploration programs to be conducted and objectives to be accomplished with respect to the Property. Under the terms of the Option Agreement, TRU shall be the Operator with overall responsibility for the exploration operations on the Property.

The Additional Option

Upon acquiring the 51% Interest in the Property pursuant to the exercise of the Initial Option, the Optionee may exercise the Additional Option and acquire the additional 14% Interest by: (i) providing the Optionor with written notice of its intention to exercise the Additional Option within 30 days of exercising the Initial Option; (ii) making a payment of $200,000 in cash to the Optionor within 45 days of exercising the Initial Option; (iii) issuing to the Optionor (or as the Optionor may otherwise direct) within 45 days of exercising the Initial Option $250,000 in Shares, such Shares to have a deemed issue price per Share equal to the greater of: (a) the VWAP of the Shares and (b) the lowest discounted price permitted pursuant to the policies of the Exchange and (iv) incurring an additional $850,000 of Exploration Expenditures, within two years of exercising the Initial Option.

Upon the Optionee acquiring the 51% Interest in the Property and failing to exercise the Additional Option, or the 65% Interest in the Property, as the case may be, the Parties hereby agree to enter into a joint venture agreement (the 'JVA'), such JVA to contain normal industry standard terms for transactions of this nature, to be agreed upon by the Parties, each acting reasonably, and shall provide, inter alia: (i) the intended scope and business of the joint venture; (ii) the participating Interests of the Parties, with the Optionee holding a 51% Interest in the Property and the Optionor holding a 49% Interest in the Property if only the Initial Option is exercised or with the Optionee holding a 65% Interest in the Property and the Optionor holding a 35% Interest in the Property if the Additional Option is exercised; (iii) a management committee to determine the overall policies, objectives, budgets, procedures, methods and actions with respect to the Property, and such committee shall consist of 3 members: 2 selected by the Optionee, and 1 selected by the Optionor; (iv) the powers and duties of the Operator of the Property; (v) disposition of production (if applicable); (vi) required expenditure commitments and costs, including but not limited to all expenses, obligations and charges incurred in connection with the maintenance, exploration and development of the Property (collectively, the 'JVA Costs'); (vii) adjustment and dilution of Interests; (viii) dispute resolution procedures and remedies and (ix) termination of the JVA.

From T. Barry Coughlan (CEO): 'We are pleased that TRU has optioned our Staghorn gold property. TRU's existing claim package of its Golden Rose Project is contiguous to the Staghorn claims and it is therefore a strategic exploration expansion for it to option Staghorn. The Staghorn option agreement will have TRU focused on drilling to earn its option, allowing the Staghorn data package to be strengthened and expanded upon. This will allow Quadro to focus on exploration and drilling at Long Lake and initial exploration work at the Careless Cove/Yellow Fox properties.

'Our exploration and drilling programs to date at Staghorn have shown that the Marks Pond Gold Horizon has been extended to over 600m in strike length and has proven continuity down dip, with the most significant aspect being the recent discovery of a lower zone of high-grade mineralization with visible gold below the main zone. We look forward to developing the Staghorn targets together with TRU, through additional drilling to follow up on the high-grade lower zone and wide step out drilling on the Marks Pond Horizon where a number of gold-in-soil anomalies remain to be tested.'

ABOUT QUADRO RESOURCES

Quadro is a publicly traded mineral exploration company. It is led by an experienced and successful management team and is focused on exploring for gold in North America. The Company's shares trade on the TSX Venture Exchange under the symbol 'QRO'. Quadro owns a 100% interest in the Staghorn property, which it has optioned to TRU Precious Metals Corp., has an option to earn a 100% interest in the Long Lake and Careless Cove properties, and has an option to earn an initial 51% interest in the Tulks South Property, in Newfoundland.

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