UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

January 16, 2013
Date of Report (Date of earliest event reported)

TRILLIANT EXPLORATION CORPORATION
(Exact name of registrant as specified in its charter)

Nevada
 
333-138332
 
20-0936313
(State or other jurisdiction of
incorporation or organization)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)

545 Eighth Ave Suite 401
New York, NY
 
10018
(Address of principal executive offices)
 
(Zip Code)
 
212 203- 0310
Registrant’s telephone number, including area code

545 Eighth Avenue, Suite 401
New York, New York 10018
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 

 

TABLE OF CONTENTS
 
Item 1.01 Entry Into a Material Definitive Agreement     3  
           
Item 3.02 Unregistered Sales of Securities     3  
           
Item 9.01 Financial Statements and Exhibits     4  
 
 
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Item 1.01 Entry into a Material Definitive Agreement

On January 11, 2013, we entered into a Securities Exchange Agreement, which is attached to this Current Report on Form 8-K as Exhibit 10.1, with Copper Island Mines Ltd (“Copper”) for the sale to Copper of the Company’s common stock (the “Agreement”). Pursuant to the Agreement Copper received 30,000,000 of restricted common stock  par value $0.001, in exchange for a 125 Class C common shares of Copper .
 
Item 3.02     Unregistered Sales of Equity Securities
 
As described under Item 1.01, on January 11, 2013, the Company entered into a Securities Exchange Agreement, which is attached to this Current Report on Form 8-K as Exhibit 10.1, with Copper Island Mines Ltd. (“Copper") for the sale to Copper of the Company’s 30,000,000 common shares.

Current Business
Description and Location

Copper Island Mines Ltd. rights and claims are located 15km NW of Campbell River, British Columbia.  Copper Island Mines Ltd. the operator of the 3000 hectare property.  The area is known to host high grade chalcocite mineralization.  The area has been under regular development and small scale production since 1915.  The area hosts 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 3.5Mt. 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.

Mineralized Zones

The known areas of mineralization exist along two apparently separate strikes.  The Pomeroy zones on the western side of the property and the Copper Bell area on the eastern side.  The Pomeroy areas include six known prospects and areas of past production, Pomeroy 1-4, Senator (Radium), and Beaver prospects.  These prospects line up along a single potential strike length of 1800m from Pomeroy 1 in the north to Beaver in the south with known mineralization in areas of past development to occur over 50% of the potential length.  Potential width among closely spaced prospects is up to 300m.  The Copper Bell area in the east, contains the Copper Bell 1 and 2 prospects and includes a mill site where small scale production occurred.  The Pomeroy strike and the Copper Bell strike run parallel 700m apart.  There are an additional six developed copper prospects on the Property not including those mentioned and numerous undocumented prospects and outcrops.

Geology
 
The occurrence of redbed copper is unique in the region and a definitive geological model has not yet been determined.  The copper prospects are hosted in basaltic volcanics of the Lower-Upper Triassic Karmutsen Greenstone Formation.  Copper minerals of interest are chalcocite, with minor bornite, native copper, cuprite, malachite, and azurite.  The mineralization occurs as a replacement of amygludes, within veins, fracture filling and disseminations and maybe structurally controlled.  Comparisons have been drawn to greenstone hosted deposits of Kennecott, Alaska and redbed copper deposits in the United States.  The geology maybe unique and the Company looks to formulate a formal geological model.  The Property is located 160km SE of BHP’s past producing Island Copper Mine and 160km NW of the Brittania Copper Mine.

 
3

 
 
Item 9.01 Financial Statements and Exhibits

(d) Exhibits.
 
Exhibit 10.1   Securities Exchange Agreement between Trilliant Exploratation and Copper Island Mines Ltd.
     
Exhibit 10.2   Report on Exploration Potential and Geological Mapping prepared by Matthew McManus, GIT
 
 
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SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
  TRILLIANT EXPLORATION CORPORATION  
       
DATE:  January 16, 2013
By:
/ s/ William Lieberman  
    Name: William Lieberman  
    Title: President  
 
 
 
 
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