Trilliant Exploration Files 8K Regarding Copper Island Acquisition
January 18 2013 - 8:00AM
Marketwired
Trilliant Exploration Corporation (OTCQB: TTXP) ("Company") filed
its 8K with the Securities and Exchange Commission ("SEC") that the
company and Copper Island Mines Ltd. ("Copper") have signed
definitive agreements, namely a Shareholders' Agreement whereby
Trilliant acquired a 20% interest in Copper Island's Quadra Island
project ("Project"), located near Campbell River, BC, in addition
to purchasing a 20% equity interest in the project for Thirty
Million shares of Trilliant's common stock. The company also
included initial geological mapping report on the Copper Island
Property in the filing. The company expects to have this and
additional information on its website www.trilliant-exploration.com
in the upcoming days.
The 8K can be viewed on the SEC website at:
http://www.sec.gov/Archives/edgar/data/1378948/000147793213000271/0001477932-13-000271-index.htm
Copper Island Mines Ltd. is in the process of working with the
necessary personnel for the NT43-101 which will independently
verify the mineralization of high grade copper.
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 Geographic System). 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
1970's by Prince Stewart Mines and Quadra Mining resulted in a
historic reserve estimate of 3.5 metric tons grading 2% copper.
Exploration in the 1990's 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used for historical reference purposes only.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.
Forward-Looking Statements This press release may contain
certain forward-looking statements within the meaning of Section
27A of the Securities and Exchange Act of 1933, as amended, and
Section 21E of the Securities and Exchange Act of 1934, as amended,
and such Forward Looking Statements are intended to be covered by
the safe harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainties. All
statements other than statements of historical fact in this
announcement are forward-looking statements, including but not
limited to the viability of the company's business plans, the
effect of acquisitions on our profitability, the effectiveness,
profitability, and the marketability of the Company's products; the
Company's ability to protect its proprietary information; general
economic and business conditions; the volatility of the company's
operating results and financial condition; and other risks detailed
in the Company's filings with the Securities and Exchange
Commission.
These forward-looking statements involve known and unknown risks
and uncertainties and are based on current expectations,
assumptions, estimates and projections about the company and the
industry. The Company undertakes no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or to changes in its expectations, except as may
be required by law. Although the company believes that the
expectations expressed in these forward-looking statements are
reasonable, management cannot assure the public that their
expectations will turn out to be correct, and investors are
cautioned that actual results may differ materially from the
anticipated results.
Contact: Mr. Mark Evans Phone: (212) 203-0310 Email:
info@trilliant-exploration.com Web:
www.trilliant-exploration.com
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