Trulan Provides Corporate Update And Report On its CEO's Trip To
Chile And Site Visit To The IGP Iron-Gold-Platinum Project.
HENDERSON, Nev., May 15, 2013 /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
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' 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.