Trulan Resources Inc. (OTCPK:TLAN) (the "Company" or "Trulan") reports that, following an economic review of the recently acquired IGP Project in Chile, there are two acknowledged sources of revenue that can be realized from the Project. Each of the four ore bodies on the acquired property contain a host of various mineralization that can be described as either heavy mineral components, or light mineral components.
Extraction and processing of the ore is considered to be straightforward in nature and requires the construction of technologically specific but well understood equipment. Updated budgets and sourcing of the components required in the construction of a mining and processing facility are being formulated from existing models. There is little to no over-burden on the deposits such as soil, forest, or grass cover and the recovery technology to be used is environmentally friendly and reclamation costs are minimal. The deposits are also easily and readily accessible by the Pan-American Freeway and local road infrastructure.
A third source of potential revenue is expected from the bedrock that underlies the deposits. This bedrock has never been tested or drilled. The basement rocks of the underlying formation are also considered to be a primary source of mineralization and there are indications of very good potential at depth.
Trulan intends to develop an exploration work program to test the IGP bedrock and plans to begin this work as soon as possible. The development plan and construction of the processing facility is a primary focus and the Company expects to have an engineering report within the second quarter.
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 firstname.lastname@example.org
Robert Rosner President & CEO
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SOURCE Trulan Resources Inc.