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Trulan Signs Letter of Intent To Acquire Iron, Gold, Platinum and High Value Industrial Mineral Deposits.
Trulan Signs Letter of Intent To Acquire Iron, Gold, Platinum and High Value Industrial Mineral Deposits..
About this update from Trinity Resources Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\nTrulan Signs Letter of Intent To Acquire Iron, Gold, Platinum and High Value Industrial Mineral Deposits.\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nTrulan Signs Letter of Intent To Acquire Iron, Gold, Platinum and High Value Industrial Mineral Deposits.\n\nPR Newswire\n\nHENDERSON, Nev., Feb. 22, 2013\n\n\n\n\n\n\n\nHENDERSON, Nev., Feb. 22, 2013 /PRNewswire/ -- Trulan Resources Inc. (OTCPK:TLAN) (the \"Company\" or \"Trulan\") is pleased to report that it has entered into a Letter Of Intent (\"LOI\") with a privately held South American mining concern (the \"Vendor\") to ultimately acquire gold, platinum and industrial minerals deposits in Chile. \n\n\nGeneral provisions under the Letter Of Intent dictate that the preponderance of information relating to the project (hereinafter referred to as the \"Project\" or \"IGP\") is to remain confidential while Trulan continues its due diligence and evaluation of the Project and deposits that comprise the IGP. However, certain information has been made available in order to outline the scope of the Project as it relates to the Company's implementation of its strategic corporate plan. \n\n\n'IGP PROJECT'\n\n\nThe Project, which covers a large land area, has been previously explored and tested by the Vendor to the point where a substantial data package has been compiled and a preliminary report was written and provided to Trulan which outlines the potential of numerous deposits on the property. The report states that the Indicated Ore reserves, thus far, are in excess of 160 Million Metric Tons and are predominantly comprised of Iron, Gold, Platinum and other valuable industrial minerals. Each of the deposits has been delineated to the point where they conform to SEC Industry Guide 7: Description of Property by Issuers Engaged or to be Engaged in Significant Mining Operations, and the ore bodies described in the report fall within the 'Indicated' category. The deposits remain open and have not been fully tested to determine their final depth. Further drilling will determine the ultima...