Trulan Resources Inc. (TRLR: OTC Pink Current) | Trulan

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Trulan Resources Inc. (TRLR: OTC Pink Current) | Trulan Reports 1,764,112 Ounces Of Gold Present On Its IGP Iron-Gold-Platinum Project In Chile Trulan Reports 1,764,112 Ounces Of Gold Present On Its IGP Iron-Gold-Platinum Project In Chile

Trulan Reports 1,764,112 Ounces Of Gold Present On Its IGP Iron-Gold-Platinum Project In Chile

PR Newswire

HENDERSON, Nev. , April 11, 2013 /PRNewswire/ -- Trulan Resources Inc. (OTCPK: TRLR) (the "Company" or "Trulan") is pleased to report on the Gold value contained in the first four ore bodies that form part of the Company's IGP Iron-Gold-Platinum Project in Chile . According to the geological report based on extensive sampling to determine the size of the Indicated Resource of the four known ore bodies to date, gold particles are widely disseminated throughout the property. All samples collected were tested for gold and the results indicate an average grade of .25 g/t Au.

The IGP Project has a delineated Indicated Resource of 247 million metric tons contained in four ore bodies. Tonnage and grade indicate that there are 1,764,112 ounces of recoverable gold contained in the areas of the IGP that have been tested and sampled thus far. Using a cut-off market value of $1,500.00 per oz, the Indicated in-situ Gold Resource is currently valued at USD$2,646,168,000 .

The Company recently reported that magnetite in the four deposits of the IGP contains 62% iron ore.  Based on recent (January, 2013) spot market prices for iron ore and calculating grade, tonnage, mine life, production costs and recovery rate, the iron ore contained in the known deposits has a present market value of USD$2,912,090,850 . Including the newly released gold numbers, the resulting aggregate mineral value confirmed to date is USD$5,558,258,850 .

Trulan CEO, Robert Rosner , said, "We are obviously very pleased that the gold value is as significant as it is. Given that each of the ore bodies are subject to further step-out exploration drilling and sampling, it is not inconceivable that the number of ounces will increase. The IGP has the potential to be considered a world class discovery."

About Trulan's IGP-Iron-Gold-Platinum Project

Trulan recently entered into an agreement to acquire a 100% interest in the IGP Iron-Gold-Platinum Project ("IGP" or  the "Project") in the IV Region – Region de Coquimbo – of Chile . The relatively small region has a long history of mining and several operations are currently in production, including the Los Pelambres Deposit, which is the world's fifth largest copper mine.

The IGP Project totals 885 Hectares (2,186 Acres) of wide spread mineralization and ore bodies that contain high grades of Iron, Gold, Platinum and high value industrial minerals. There are eight known deposits in close proximity which have been tested to the point where an Indicated Ore resource has been delineated. The IGP comprises of four ore bodies with an Indicated Reserve in excess of 247 Million Metric Tons. Each of the four deposits have not been fully tested to determine ultimate size and they all remain open on all sides and at depth. Further exploration beyond the zones outlined to date is needed to realize the full extent of the mineralization and total size of the Ore bodies.

Trulan Resource's Mission is the exploration and development of mining properties whose economic potential is considered to be extensive, while requiring minimal infrastructure and operational costs, that can be advanced in an environmentally responsible manner.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. For more information please contact Corporate Relations at 702-430-4690 or info@trulanresources.com  

Robert Rosner
President & CEO

Forward-looking Statement:

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS," AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH MINERAL EXPLORATION AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL AND QUARTERLY REPORTS FILED AND PUBLISHED ON WWW.OTCMARKETS.COM , RESPECTIVELY, AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY''S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY''S EXPLORATION EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED AND PUBLISHED FROM TIME-TO-TIME ON WWW.OTCMARKETS.COMTHIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NO SECURITIES REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

SOURCE Trulan Resources Inc.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

NYSE Texas Redefines the U.S. Capital Markets Landscape

Updated Category News Views 16

NYSE Texas: Carving a Niche The notion of 'Y'all Street' might seem like a gimmick, but NYSE Texas is pushing a serious agenda with its newly released white paper, 'NYSE Texas and the Reshaping of U.S. Capital Markets.' This is no small feat. Texas is already housing 235 NYSE-listed companies, boasting a colossal combined worth of $4.8 trillion. With 130 of these firms...

Continue Reading
Northern Jet Names Veteran Matthew Harris as CEO

Updated Category News Views 24

Fresh Leadership at Northern Jet Well, if you didn’t see this coming, you’ve been snoozing on the tarmac. Northern Jet, no stranger to the skies after three decades, just roped in Matthew Harris as their new CEO from October 2, 2026. They're pulling in this hotshot with more than 25 years riding the turbulence of private aviation. And listen to this: his marching...

Continue Reading
ROKFORM’s Signal Card: A Wallet Tracker for All

Updated Category News Views 8

The Gadget You Didn't Know You Needed Ever feel that momentary panic when your wallet seems to have vanished into thin air? ROKFORM's fresh offering, the Signal Card, tackles that heart-stopping moment head-on. They've taken the mundane act of misplacing your wallet and transformed it with their sleek, credit-card-sized tracker. This baby pairs seamlessly with Apple Find...

Continue Reading
Community Banks Missing $106B Lending Opportunity?

Updated Category News Views 14

A Missed Opportunity for Community Banks It's a classic tale: community banks sleepwalking while big players snatch up low-hanging fruit right in their own backyards. According to the latest report by Cornerstone Advisors, commissioned by Teslar Software, these banks are essentially leaving $106 billion on the table when it comes to consumer lending. That's not just chump...

Continue Reading
Cure Blindness Project's 770K Screenings for World Sight Day

Updated Category News Views 13

Visionary Steps Toward a Brighter Future No two words could describe the task that Cure Blindness Project is tackling this year: vision and action. Marking World Sight Day on October 8, they plan to usher in 770,000 eye screenings across Asia, Africa, and the Caribbean. These initiatives aren't just numbers—they're a colossal step toward lifting the veil of avoidable...

Continue Reading
Skandia's Soundproofing Kit Expands to Brazil's Skies

Updated Category News Views 7

Soundproofing Takes Off in Brazil Skandia has just pulled off a neat trick, earning the nod from Brazil's National Civil Aviation Agency (ANAC) for their King Air soundproofing kit. That means quieter skies ahead for operators of the King Air 200 and 300 series in Brazil. This is no small feat, folks; it's like finally getting that coveted backstage pass after years of...

Continue Reading
Navigating Holiday Sweets: Healthy Balancing Acts

Updated Category News Views 11

In the middle of the sweet madness that is the holiday season, Crispy Green and Dr. Nicole Avena are playing guide to families drowning in sugar. This isn't just a once-a-year Halloween headache; we're starting that sugar spiral early and letting it ride until the New Year approaches. It's an all-hands-on-deck situation if families want to dodge that sugar overload. Why...

Continue Reading
TA Services Strengthens U.S.-Mexico Freight Operations

Updated Category News Views 11

TA Services Moves Boldly Across Borders If ever there was a time to play the logistics chessboard like a champ, it's now, and TA Services just slammed the board with a solid move. They've grabbed Carmen Pacheco Transportation and Interload Forwarding, two family-run operations with some real muscle in North American logistics. This isn't a small-time maneuver; they've...

Continue Reading
Karoo Health Leaps Forward with New CCO Breton

Updated Category News Views 10

Change of Guard in Cardiac Health at Karoo Here's a move that might shake things up in the healthtech sector: Karoo Health just snagged Angela "Angie" Breton as their new Chief Commercial Officer. It's like putting a seasoned captain at the helm right before setting sail on uncharted waters. Breton's not just any captain—she's got a hefty 25 years of experience...

Continue Reading
Epic Political Thriller Explores Humanity's Future

Updated Category News Views 5

Adams' Provocative Debut Asks Timeless Questions Sometimes life throws a philosophical curveball, and that's exactly what John C. Adams has done with his debut novel, The Third Phase. This isn't your average political yarn—it's an intricate tapestry intertwining political intrigue, deep spiritual inquiry, and hearty doses of classic philosophy. A Whirlwind Journey...

Continue Reading

Top 5 Most Recently Viewed Articles

Portrait and ByrdAdatto Partner to Revolutionize Medspa Compliance

Updated Category News Views 249

Elevating Safety and Compliance in Aesthetic Medicine In a pivotal move to enhance safety and compliance, Portrait has announced a strategic alliance with ByrdAdatto, a leading authority in the medical aesthetics industry. This partnership aims to significantly uplift industry standards, ensuring that independent medspa entrepreneurs receive the best tools, support, and...

Continue Reading
Thoughtworks and AWS Team Up to Boost AI Solutions in Asia

Updated Category News Views 208

Thoughtworks Partners with AWS for Generative AI Growth Thoughtworks, a leading global technology consultancy, has made headlines by announcing a significant collaboration with Amazon Web Services (AWS). This strategic partnership aims to revolutionize the way companies across Asia Pacific adopt generative artificial intelligence (GenAI) to improve their operations. By...

Continue Reading
Target Unveils Exciting 2024 Holiday Toy Collection Under $20

Updated Category News Views 161

Target's Exclusive 2024 Holiday Toy Collection This season, holiday cheer is at the forefront as Target Corporation (NYSE: TGT) introduces its highly anticipated 2024 Bullseye's Top Toys list. Featuring over 60 must-have toys, the list is delightfully packed with exclusive items that promise exceptional gifting options for families. With prices starting as low as $7.99,...

Continue Reading
CenterCal and DRA Advisors Transform Long Beach Towne Center

Updated Category News Views 395

Transformative Plans Unveiled for Long Beach Towne Center CenterCal Properties, a prominent player in the retail and mixed-use development arena, alongside DRA Advisors, a leading real estate investment firm, has exciting news regarding the Long Beach Towne Center. This acquisition marks a significant milestone in their continuous effort to enhance their portfolio with...

Continue Reading
Total Energy Services Inc. Declares Exciting Dividend Update

Updated Category News Views 109

Overview of Total Energy Services Inc. Dividend Total Energy Services Inc. has recently declared a quarterly dividend of $0.10 (Cdn.) per share for the upcoming quarter ending on September 30. This announcement is a strong indication of the company's healthy financial position and commitment to returning value to its shareholders. Details of the Dividend Declaration The...

Continue Reading