Corporate Social Responsibility | Business Wire | PR NewsWire | Marketwire | Realwire | ACN/JCN newswire | 247pressrelease | PRWeb

Trilliant Exploration Raises Additional Funds for Gold Mining Operations

Posted : Mon, 09 Nov 2009 20:05:12 GMT
Author : Trilliant Exploration Corporation
Category : Press Release
News Alerts by Email ( click here )
News | Home
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


Copyright © 2008 Market Wire. All rights reserved.
Share/Save/Bookmark

Article : Trilliant Exploration Raises Additional Funds for Gold Mining Operations
Print this article
Share this article

Stay Updated

News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Related News

Derma Sciences' Shareholders Approve Reverse Stock Split
PRINCETON, N.J., Nov. 25 -- Derma Sciences, Inc. (OTC Bulletin Board: DSCI) a specialty medical device/pharmaceutical company focused on advanced wound care, announced today that its shareholders granted Derma Sciences' Board of Directors authority to implemen...

Reportlinker Adds Blood Banking and Blood Products - Global Market Perspective
NEW YORK, Nov. 25 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Research and Markets: Argentina Will Have 56 Million Mobile Subscribers in 2013 with Market Share of CTI Increasing to 40.8%
DUBLIN - Research and Markets (

Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015
NEW YORK, Nov. 25 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

NetDragon Websoft Inc. Announces Third Quarter 2009 Unaudited Financial Results
HONG KONG, Nov. 25 /PRNewswire-Asia-FirstCall/ -- NetDragon Websoft Inc. ("NetDragon", with its subsidiaries collectively the "Group"; Stock Code: 777), a leading online game developer and operator in China, today announced its unaudit...

Research and Markets: In the Lap of Luxury: Targets, Triggers, Trends & Tips on the Indian Luxury Apparel & Accessories Sector
DUBLIN - Research and Markets (

Reportlinker Adds Multi Utility Meter Report & Database Ed 7 2009
NEW YORK, Nov. 25 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark
 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.