$TTXP .20 News out Trilliant Exploration Announc
Post# of 144491
[b]$TTXP[/b] .20 News out Trilliant Exploration Announces Copper Island Technical Assessment Report Is Complete
NEW YORK, NY, Feb 22, 2013 (MARKETWIRE via COMTEX) -- Trilliant Exploration (OTCQB: TTXP) is pleased to announce that Copper Island Mines is in receipt of a Technical Assessment Report for 2012. The report covers geological and geochemical data from the 2012 exploration program at its Copper Island Project, located on Quadra Island, British Columbia property. The report includes current geological and geochemical data and analyses. The report was completed by the company's Senior Consulting Geologist and Andris Betmanis (P.Eng.). Mr. Betmanis is a Qualified Person under NI (43-101).
The company is currently reviewing the report and expects to begin releasing details in the upcoming weeks including recommendations and details for the 2013 exploration and development program. Copper Island Mines Ltd. is in the process of working with the mentioned necessary personnel to produce a NI 43-101 compliant resource estimate which seeks to independently verify the 3.5 Million tonnes grading 2% Copper, the historical resource estimate.
The Project and its rights and claims are located 15km NW of Campbell River, British Columbia. Copper Island Mines Ltd. is the operator of a 3000 hectare property which is known for high grade chalcocite mineralization. The area has been under regular development and small scale production since 1915. The area contains one of the highest densities of copper prospects in British Columbia and is rated high for mineralization by the BCGS (British Columbia Geological Survey). Initial exploration on the Property was conducted by Dodge Copper in 1954 when 145 percussion holes were drilled outlining the Pomeroy areas. Exploration in the 1970s by Prince Stewart Mines and Quadra Mining resulted in a historic reserve estimate of 3.5 metric tons grading 2% copper. Exploration in the 1990s resulted in a historical resource estimate from all occurrences of 5.3Mt grading 1.98% copper, and is used for historical reference purposes only.
About Trilliant Exploration (OTCQB: TTXP) http://www.trilliant-exploration.com Trilliant Exploration is focused on a variety of strategic mineral acquisitions including Copper and well positioned to capture the next wave in mineral exploration, Lithium and Rare Earth metals. Trilliant Exploration is a US based, high growth mining company focused on adding value through successful exploration, project development, efficient operations, and opportunistic acquisitions. Maintaining a low risk profile through project diversification, astute financial management and operating in secure jurisdictions are key priorities for Trilliant Exploration's Management team.