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 1,905,428 Ounces Of Platinum Indicated Within Four Zones On The IGP Iron-Gold-Platinum Project In Chile Trulan Reports 1,905,428 Ounces Of Platinum Indicated Within Four Zones On The IGP Iron-Gold-Platinum Project In Chile

Trulan Reports 1,905,428 Ounces Of Platinum Indicated Within Four Zones On The IGP Iron-Gold-Platinum Project In Chile

PR Newswire

HENDERSON, Nev. , May 28, 2013 /PRNewswire/ -- Trulan Resources Inc. (OTC PINK: TRLR) (the "Company" or "Trulan") is pleased to report on the indicated platinum value contained in 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, platinum was encountered throughout the property and that all samples collected were tested for platinum and estimated using mineral counting methodology. The results indicate an average grade of .27 grams per ton.

The IGP Project has a delineated Indicated Resource of 247 million metric tons contained in four ore body zones. Tonnage and grade indicate that there are 1,905,428 ounces of recoverable platinum contained in the areas of the IGP that have been tested and sampled thus far. Using a cut-off market value of $1,381.00 per oz, that being the lowest price encountered on the spot market during the past twelve month period, the Indicated in-situ platinum resource is currently valued at USD $2,631,396,068 .

Previously, the Company reported that magnetite in the four deposits of the IGP contains 62% iron ore as well as 1,764,112 ounces of recoverable gold contained in the areas of the IGP that have been tested and sampled thus far. Trulan CEO, Robert Rosner , commented, "Trulan is extremely happy that we have determined there to be a significant platinum resource on the IGP in addition to a large gold resource.  The potential of the IGP Project only continues to grow in scope and there are still sizable portions of the property yet to be explored."

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.COM . THIS 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

Xerox Faces Probes After $130M Profit Forecast Slash

Updated Category News Views 61

When the Trust Breaks October 29, 2026 was a gut punch for Xerox investors. Watching the outlook dive by $130 million, the coffee-feeling in the trading rooms turned into something more bitter. A $105 million boost they once celebrated from tariff receivables now seems to be a fleeting shadow, as Xerox itself scuttles its adjusted operating income for 2026 to a range of...

Continue Reading
ATTACK SHARK's X60: A New Era in Gaming Audio

Updated Category News Views 16

Gaming Audio Gets a Power Boost with X60 We're diving headfirst into an era where gaming headsets promise more bells and whistles than ever before. This isn't just some random gadget plopped on the market. ATTACK SHARK's X60 Gaming Headset is strutting in, guns blazing, ready to take on the heavyweights in the competitive gaming world. It's not just about being another...

Continue Reading
DAR Logs Massive 587,000 Service Hours Nationwide

Updated Category News Views 98

A Month of Patriotism and Service You've got to hand it to the Daughters of the American Revolution (DAR)—when they commit, they go all in. This year, they turned their usual Day of Service into a full-blown Month of Service, packing in over 587,000 hours of volunteering nationwide. From historic spots to food pantries, DAR members showed up, and honestly, it's the kind...

Continue Reading
Wabi's $1.25B Valuation: A New Era for AI?

Updated Category News Views 171

A Major Milestone for Wabi Well, here we go—Wabi, the brainchild of Eugenia Kuyda, is stirring the pot with a massive $55 million funding round, pulling its valuation up to a hefty $1.25 billion. If you're raising eyebrows at that price tag, you’re not alone. It's a big number riding on an even bigger idea: that AI isn't just for solitary chats anymore, but for...

Continue Reading
CopperWood Senior Living Revives Historic Campus

Updated Category News Views 55

A Fresh Start for Peapack-Gladstone's Corporate Relic Dust off the pages of history—Peapack-Gladstone's old Pfizer/Beneficial Finance campus is getting a makeover, and boy, it’s not your run-of-the-mill renovation. We're talking adaptive reuse to the tune of nearly $200 million, morphing this architectural gem into CopperWood Senior Living. With all the office...

Continue Reading
Pozdeutinurad Phase 3 Success Impact on Sobi and Market

Updated Category News Views 70

Pozdeutinurad's Phase 3 Triumph Ah, the life of biotech—constant ups and downs, but when you hit a homerun, it feels like the market stands still for a second. Pozdeutinurad's recent Phase 3 REDUCE-2 study results are one of those moments for Swedish Orphan Biovitrum AB, or Sobi for short. This study showed some seriously compelling data: clinically meaningful and...

Continue Reading
David Cornue Brings Story Insights to SXSW 2027

Updated Category News Views 89

Crafting Stories with Precision: Cornue's Return In the world where Austin becomes a melting pot of ideas every spring, the return of David Cornue to SXSW casts a familiar, yet electrifying spark. This best-selling author and television whiz is slated to share his story magic at two workshops: one in the Lifestyle track and the other in the Film & TV track. Folks on-site...

Continue Reading
LanguageLine AI App Earns Vizient Technology Kudos

Updated Category News Views 57

Tech Talk: LanguageLine's AI App Gains Important Recognition Diving headfirst into the chaotic world of healthcare, LanguageLine's AI Translation App earned a standout accolade. Just announced, it's snagged the Innovative Technology Designation from Vizient, the heavyweight champ in healthcare performance improvement. On the scene since the end of October, they rolled the...

Continue Reading
Ashling's New Feat: Microsoft Recognition in AI

Updated Category News Views 106

Microsoft's Stamp of Approval for Ashling Ah, recognition—it's not just for egos. When Ashling, an AI consultancy heavyweight, gets a nod from Microsoft, it's worth more than a footnote in the company newsletter. This isn't some participation trophy. Nope, it's a badge saying they know their Data & AI, and Digital & App Innovation inside out. On October 29, 2026,...

Continue Reading
Maison Martell Bridging Artistry: Davido Meets Prince Gyasi

Updated Category News Views 26

Maison Martell Dances to a New Beat The world's oldest cognac house, Maison Martell, is mixing things up in a way that’ll make your typical whiskey-on-the-rocks seem like child’s play. They've snagged Afrobeat heavyweight Davido and renowned visual poet Prince Gyasi to spin a fresh narrative, one where melody and imagery play in harmony. While this ain't your usual...

Continue Reading

Top 5 Most Recently Viewed Articles

StriVectin® Introduces TL Peptight™: Revolutionizing Skincare

Updated Category News Views 131

StriVectin® Launches the TL Peptight™ Face Lift Serum StriVectin®, a prominent leader in skincare innovation, has made a splash in the beauty industry with the launch of its TL Peptight™ Face Lift Serum. This cutting-edge product is set to transform the approach to anti-aging and skin tightening, offering consumers an effective solution without invasive procedures....

Continue Reading
Elliott Investment Management Proposes New Board Candidates

Updated Category News Views 157

Elliott Investment Management Proposes New Board Candidates Elliott Investment Management L.P. has nominated seven highly qualified candidates to serve on the board of directors of Phillips 66. These candidates bring extensive experience in refining, midstream operations, and corporate governance—a move intended to improve accountability and oversight within the...

Continue Reading
Discover the New Hasselblad X2D 100C Earth Explorer Kit

Updated Category News Views 216

Exciting Launch of Hasselblad's X2D 100C Earth Explorer Kit The renowned photography brand Hasselblad has proudly introduced its limited edition X2D 100C Earth Explorer Kit. This extraordinary kit goes beyond just being a camera; it captures the spirit of adventure and exploration, catering to photographers who cherish the stunning beauty of nature. What’s Inside the...

Continue Reading
Could Nvidia Achieve a Trillion Dollar Valuation by 2030?

Updated Category News Views 176

Nvidia's Path to a $10 Trillion Market Cap Nvidia has been a major player in the semiconductor industry, particularly with its GPUs, which have become critical in the realms of gaming, professional visualization, and AI computing. As we move forward, many analysts are beginning to speculate whether Nvidia could reach a remarkable $10 trillion market cap by the end of this...

Continue Reading
China's Charge Toward Sustainable Innovation with NEVs

Updated Category News Views 191

China's Charge Toward Sustainable Innovation with NEVs As the world continues to navigate environmental challenges and climate change, China is stepping up as a formidable player in the field of new energy vehicles (NEVs). This transition has been a cornerstone of China's aspirations to not just be an auto producer but to evolve into a global leader in sustainable...

Continue Reading