NEW YORK, NY -- 11/09/09 --
Trilliant Exploration Corp. (OTCBB: TTXP), a
fully operational gold mining company based in southern Ecuador, announced
today that it has raised an additional investment of $210,000 USD from its
shareholder, Trafalgar Capital Specialized Investment Fund.
"We are exceptionally pleased to have closed this investment with
Trafalgar," announced William Lieberman, President of Trilliant Exploration
Corp. "This financing will greatly benefit our Muluncay concessions and
will go towards working capital," he added.
Trilliant Exploration is currently exploring new opportunities in El Oro
province and is continuing its upgrade of Muluncaygold Corp S.A. The
company currently processes rock at 50 tons per day and its concessions are
located in the centre of the Portovelo-Zaruma mining camp, which region has
conservatively produced 4.5 million ounces of gold since 1905.
About Trilliant Exploration Corporation
Trilliant Exploration Corporation is a producing mineral exploration and
development Company with its Administrative offices located in New York and
principle operating concessions in Southern Ecuador, South America. The
Company is engaged in gold mining and related activities, including
exploration and acquisition of gold-bearing properties, the extraction and
processing of ore, and reclamation of mining properties.
The Company continues to explore new opportunities in El Oro province,
Southern Ecuador and is continuing its upgrade of Muluncaygold Corp S.A.,
that is currently processing rock at 50 tons-per-day producing an average
of 6 to 8 grams of gold per ton from its concessions located in the center
of the Portovelo-Zaruma mining camp. The Portovelo-Zaruma region has
conservatively produced 4.5 million ounces of gold since 1905.
Trilliant Exploration's consolidated operations plan to reach its goal of
750 tons-per-day within the next 18 months.
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:
Michael Elliott
For: Trilliant Exploration Corp.
Phone: (212) 560-5195
Email: info@ttxp.biz
Web: www.ttxp.biz
