[b]$TRLR[/b] HENDERSON, Nev., [b][color=blue]May 15, 2013[/color][/b] /PRNewswire/ -- Trulan Resources Inc. (OTCPK: TRLR) (the "Company" or "Trulan") is pleased to report on the recent trip to Chile undertaken in April by its CEO, Robert Rosner.
Mr. Rosner attended numerous meetings with various officials from the Mining Property, Geology & Mining National Survey, for the Government of Chile while in Santiago, and with local community officials during a site visit to the IGP Project in the country's Coquimbo Region. These meetings were very successful in familiarizing officials and local community leaders with the (thus far) $5 Billion + project and established the framework under which the IGP property will initially be developed in advance of mining infrastructure construction. Included in the discussions with community leaders were topics relating to ongoing exploration outside of the known ore bodies as well as the positive economic impact the project will have on the local population in the form of job creation, supply requisitioning and service contracting. A positive and constructive dialogue was initiated at the local level to ensure that Trulan understands the needs and desires of the community in relation to advancing the IGP Project. This will be an ongoing relationship but the Company has demonstrated its commitment to the community by agreeing to a transparent process at every stage of development. As a result local community leaders have indicated their support to Trulan as it works to further the project.
Also completed during the trip was the establishment of Trulan's Chilean office in Santiago at Avda Apoquindo 3600, 9 Piso, Las Condes. The Company is also making substantial strides with the governmental and regulatory process of incorporating a wholly owned Chilean subsidiary. All of the necessary documentation and submissions have either been initiated or are in progress for certification and legalization under Chilean corporate law and Trulan expects the necessary approvals in due course. However, the incorporation process does not hinder in any way the Company's current ability to continue its development work with respect to the IGP Project.
According to Mr. Rosner the trip was highly successful and all matters attendant to the Company moving forward in developing the IGP Project were addressed successfully. The project now moves to the next phase which addresses mining and processing equipment, infrastructure, environmental impact evaluations and processes, as well as a final determination as to the project's financing requirements.
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
