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 ) |
|
|
|
|
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.
|
|
|
|
|
Related
News
Global Traffic Network to Present at 2nd Annual LD Micro Conference NEW YORK -
Global Traffic Network, Inc. (Nasdaq: GNET), a leading provider of
custom traffic and news reports to radio and television stations outside
the U.S., announced today that Chairman, Chief Executive Officer, and
President, Mr. William L. Yde III, will be presenting the Company's
When Holiday Meals Aren't a Gift
CHICAGO, Nov. 24 /PRNewswire/ -- The holiday season can be a time full of joy, cheer, parties and family gatherings. But for many people, especially those recovering from an eating disorder, it's a time of self-evaluation, loneliness, reflection on past failures and anxiety about an...
BNY Mellon Assisting Food Banks Nationally During Holiday Season
NEW YORK, Nov. 24 -- BNY Mellon, the global leader in asset management and securities servicing, is providing nearly $400,000 in funding to more than a dozen food banks and food distribution centers across the country during the current holiday season.
...
BNY Mellon Foundation Donates $25,000 to Food Bank of Central New York
SYRACUSE, N.Y. and ORISKANY, N.Y., Nov. 24 -- BNY Mellon said today that it will contribute $25,000 from its corporate foundation to the Food Bank of Central New York, where the need for emergency food assistance within the food bank's 11-county service area h...
Overseas Shipholding Group to Present at FBR Capital Markets Investor Conference NEW YORK -
Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader providing
global energy transportation services, announced today that Morten
Arntzen, President and Chief Executive Officer, will present at the FBR
Capital Markets 2009 Fall Investor Conference on Tuesday, December 1,
Maidenform Brands, Inc. Announces Election of Bernd Beetz to Its Board of Directors
ISELIN, N.J., Nov. 24 -- Maidenform Brands, Inc. (NYSE: MFB), a global branded marketer of intimate apparel, is pleased to announce that the Board of Directors has elected Bernd Beetz to the Board. Mr. Beetz will also function as a member of the Nominatin...
Latino Sports Fans Select 10 Semifinalists to Compete for First-Ever Miss Premios Fox Sports™ Crown MIAMI -
Following nearly three weeks of voting online, Fox Pan American Sports
LLC, producer of Premios Fox Sports™ and operator of Fox
Sports en Español and Fox Sports Latin America, today
unveiled the 10 semifinalists advancing to the final round of
|
|
|
|
|
|
|
|
|