Trinity Plumas Capital Corp.

Address:	9th Floor - 357 Bay Street Toronto, Ontario Canada M5H 2T7
Toll Free No.:	1-800-514-3169
Fax No.:	(416) 362-7105
Web Site:	www.trinityplumas.com
Corporate Email:	bgc1@shaw.ca
Contact Person:	Investor Relations

COMPANY DATA

Traded Market:	TSX-Venture
Traded Symbol:	TPC
Outstanding Shares:	32,000,000
Public Float:	Approx. 5,000,000
52 Week High:	$ 1.50
52 Week Low:	$ 0.17
Present Price:	Click Here

INTRODUCTION

Trinity Plumas Capital Corp. is a resources exploration and development company directed by a team of experienced industry professionals. Its focus is on the efficient development of natural resources while maintaining high standards of environmental responsibility.

PROJECTS IN HAND

(1) Newark East Gas Field - Barnett Shale

Trinity has acquired 24 producing natural gas wells, 23 Proved Undeveloped locations and 20 Probable Undeveloped locations to be drilled in the highly prospective Barnett Shale gas play for a total initial purchase price of US$15.7m.

· The properties to be acquired consist of 19 recently drilled, completed, and producing vertical wells and 5 producing horizontal wells in the Barnett Shale

· All locations are situated in the main fairway extension of the Newark East Field, the primary producing area of the play are located in Denton and Tarrant Counties, Texas. This acquisition also includes operational interests

· Trinity has acquired Proved appraisal at 21.6bn cubic feet of gas with an additional estimated 15.7bn cubic feet of gas of Probable Reserves. Probable Reserves in the Barnett Shale fairway carry a similar probability of success (90%) as Proved Reserves due to the blanket nature of the formation and the low-risk drilling environment

· The interests to be acquired are subject to an Area of Mutual Interest Agreement and a Joint Operating Agreement. At present, approximately one well a month is being drilled and completed under the Joint Operating Agreement. This pace is likely to quicken in the near future

· The finding and development costs are expected to range from US$0.58 to US$0.85 per thousand cubic feet of gas in the ground after development

· Trinity anticipates that cash flow will be re-invested in similar drilling opportunities.

(2) Guatemala License A-2-92

Guatemala is a regional hub of commerce in Central America, and the dominant economy within the region. Guatemala is an under-explored region: although many petroleum companies have recognized the existence of large geologic structures and oil-seeps in the northern provinces of Guatemala, the remote location and past political instability have kept large areas unexplored. However, improvements in infrastructure and political stability, combined with new seismic surveys and better exploration techniques, now make Guatemala an attractive exploration and producing province.

Trinity, through Ceiba Petroleo SA, in which it has a 94% interest, is one of only 9 companies engaged in oil and gas exploration and development in Guatemala.

Ceiba holds a 10% equity interest in Guatemalan Oil Production Sharing Contract 4-93 ("PSC 4-93"). The remaining 90% interest in PSC 4-93 is held by Compania General de Combustibiles of Buenos Aires, Argentina, who is the operator of the project.

PSC 4-93 governs development of a 554,000 acre oil exploration block (License A-2-92) located in the South Peten Basin in Guatemala's primary oil production district. Successful wells are located to the east, west and north of the license area.

· The Company has acquired approximately 1,200 line miles of 2D seismic to identify and delineate target opportunities

· Trinity intends to exploit the potential of its Guatemalan asset by leveraging on the resources of a larger partner. It is currently speaking to several US independent oil companies with a view to negotiating an agreement whereby it takes a 10% working interest, and a 40% carried interest in 2 wells.

PROJECTS PLAN TO SELL

Trinity is currently seeking to sell its existing portfolio of gold prospects. Trinity hopes to have a purchase for stock completed by year-end with a full distribution to shareholders in the form of a dividend.

Plumas Properties, California

Plumas Gold Mines Ltd. is the Canadian parent holding company of Plumas Gold Mines USA Inc. PGM USA Inc. has a leasehold interest in 12 gold mining claims (the "Featherfork Mine") located in Plumas County, California, near the town of LaPorte, in the northern end of the Mother Lode County. The Featherfork Mine is an underground placer type of deposit that was profitably worked in the early 1900s.

The lease agreement requires the payment of royalties against production. Minimum annual royalties are required. As no exploration work on the properties has been undertaken in recent years, Trinity has written the carrying value of the property down to a nominal value and is charging the annual royalty to operations.

Jasper Gold Prospect, Nevada

Nevada Mine Development Corp. holds 15 unpatented gold mining claims located in White Pine County, Nevada. The claims are located adjacent to the formerly producing USMX Greensprings Mine. A management decision was made to write down the capitalized value of this project, effective December 31, 2000 to a nominal value.

Trinity Mine, California

The Company's 51% owned subsidiary, Canadian Reserve Inc., is the registered holder of 18 unpatented gold mining claims and 3 patented gold mining claims encompassing approximately 289 acres (the "Trinity Mine", formerly known as the "Bully Choop Mine"), located approximately 22 miles west of Redding, California.

The property presently has negligible proven reserves. The exploration target is for 500,000 ounces. During 2000, Trinity undertook a program to complete the installation of a milling facility on the property with the intention of commencing commercial production. Weak gold prices in the autumn of 2000 forced a decision to instead place the mill and property on "care and maintenance" status. Additional survey work and supplementary permitting work to enable production of 100 tons per day has been conducted on the project.

MANAGEMENT

Trinity has assembled a world-class core management team with proven track records and combined industry experience of more than 70 years.

· This team, combined with leading external consultants in all disciplines, will facilitate Trinity's strategy to exponentially grow its assets and revenue, yet minimize and control costs

· The management goal for Trinity is to build maximum shareholder value through its current assets and future acquisitions and development of proven producing properties.

Robert Chamberlain, Jr., Chief Executive Officer and Chief Financial Officer
Mr. Chamberlain co-founded Genesis Financial Group in 1997, serving as a corporate advisor to many businesses - utilizing his diverse experience from several industries. From 1986 to 1992, Mr. Chamberlain worked for Solomon Brothers in corporate finance, and from 1992 through 1995 he worked for Laidlaw Securities and Dickinson & Co.

J.W. (Bill) Rhea, IV, President & Chief Operating Officer
Mr. Rhea has been a Petroleum Engineering Consultant to the industry for many years and has served in senior management and chief executive roles in several independent oil and gas companies. He was President and Chief Executive Officer of APP Production Inc., which acquired various oil and gas producing properties totaling US$85m, and recently served as President and Chief Operating Officer of BF Production Inc., which acquired exploration licenses for high-risk, high-potential exploration prospects in South Australia. Mr. Rhea additionally served as President and Chief Executive Officer of LAE Energy Inc., a London based exploration venture that invested US$100m in Lower 48 States exploration opportunities. Furthermore, he was Managing Partner of TexStar Partners and TexStar North America Inc., an independent oil and gas company engaged in exploration ventures - producing property acquisitions and secondary recovery operations.

Non-Executive Directors

Chase Hoffman, Chairman
Paul B. Manson, Board Member

NEWS UPDATE

On February 10, 2005, Trinity Plumas Capital Corp. provided a further update on the success of recent drilling activity and the progress of its development plan in Newark East field, located in Denton county, Texas.

Eagle Farms No. 11H horizontal well

The Devon Energy-operated Eagle Farms No. 11H horizontal well, which was previously drilled and recently fracture stimulated, has now been placed on production for the initial cleanup and fracture stimulation flowback phase. The Company anticipates reporting production rates when the well has stabilized in the near future. The Company owns a 17.7% working interest in the well and surrounding unit.

Denton-CJW No. 1H horizontal well

The Eagle Oil & Gas Co. - operated Denton-CJW No. 1H horizontal well is scheduled to be fracture stimulated over the period Feb. 11 to 12, 2005, and is also expected to be placed on production for cleanup and flowback soon thereafter. Trinity owns a 43.75% working interest in the well and surrounding unit, which is near the Meador Hammer No. 1H horizontal well completed and reported in November, 2004.

Baker Ranch Estates No. 1H horizontal well

The Hollis Sullivan-operated Baker Ranch Estates unit No. 1H horizontal well is also scheduled to be fracture stimulated over the period Feb. 14 to 15, 2005, and is expected to be placed on production for the initial cleanup and flowback phase soon thereafter. Trinity owns a 28.1% working interest in the well and surrounding unit.

On January 06, 2005, RAB Special Situations L.P. announced that it has subscribed for a total of 3,000,000 units of Trinity Plumas Capital Corp. at a price of CDN$0.85 per Unit. Immediately after the Private Placement, Special Situations owned 5,000,000 Shares, 1,500,000 Warrants and an option to acquire 1,000,000 Shares, representing approximately 13.59% of the issued and outstanding Shares on a Partially Diluted Basis.

On November 25, 2004, Mr. Bill Rhea, President of Trinity Plumas Capital Corp. announced that its wholly owned U.S. subsidiary, Trinity Barnett LLC, and its partners have drilled and completed a successful horizontal development well in the Newark East Field in Denton County, Texas. "The Eagle-Meador Hammer #1H well was recently drilled, completed, fracture stimulated in the primary zone of interest in the Barnett Shale and has now been placed on production into sales," said Mr. Rhea. "Following an earlier flow back period to remove water from the formation, the well was recently placed on production and sales to continue the cleanup process. Early on, the well flowed at instantaneous rates exceeding 9.0 million cubic feet of gas per day (MMCFD) with recent daily rates exceeding 5.0 MMCFD into sales while the cleanup process continues."