Trilliant Exploration's Copper Island Announces Management Team
Copper Island Mining Project on Quadra Island, British Columbia 3.5m
Tonnes Grading 2% an Equivalent Value at Today's Prices of
Approximately $500 Million
NEW YORK, NY -- (Marketwire) -- 02/19/13 -- Trilliant Exploration
(OTCQB: TTXP) is pleased to announce the Management of Copper Island
Mines Ltd. The estimated mine life on the historical resource at the
projected production will be fifty years. Trilliant Exploration's
subsidiary Trilliant Copper Island Ltd. maintains a twenty percent
working interest in Copper Island Mines.
Copper Island Mines
Jared Lazerson President/Chief Executive Officer
Mr. Lazerson has been involved in the mining industry since 1994 with
a variety of companies including Osprey Systems (GPS & Digital
Mapping), United Helicopters, and Manto Resources. Mr. Lazerson holds
a BA in International Relations from the University of Pennsylvania.
H. David Read - Chief Financial Officer
Mr. Read is an independent financial analyst and former Director of
publicly traded Geostar Metals. Mr. Read holds a BA from the
University of British Columbia and an MBA from Stanford University.
Independent Qualified Persons (NI 43-101)
Gibson Pierce - Mining Consultant
Mr. Pierce is an independent mining consultant with 37 years
experience in the mining industry. The majority of Mr. Pierce's
career has been spent in senior operational and management positions
with the world's largest mining company BHP Billiton. Mr. Pierce
spent his final 10 years at BHP as Business Development Manager and
Project Director. Mr. Pierce spent 14 years in Senior Operations at
the one billion ton Island Copper Mine located 170km NW of Copper
Island Mines Ltd.
Andris Betramis (P.Eng) - Senior Geologist
Mr. Betramis is an independent consulting geologist with 35 years
experience in the mining industry. The majority of Mr. Betramis's
career was spent with Teck Exploration (now Teck-COMINCO). Mr.
Betramis was responsible for the design of exploration programs and
delineation of major copper deposits globally for Teck.
Copper Island Mines Ltd. is in the process of working with the
mentioned necessary personnel to produce a NI43-101 compliant
resource estimate which seeks to independently verify the 3.5 Million
tonnes grading 2% Copper, the historical resource estimate.
The Project and its rights and claims are located 15km NW of Campbell
River, British Columbia. Copper Island Mines Ltd. is the operator of
a 3000 hectare property which is known for high grade chalcocite
mineralization. The area has been under regular development and small
scale production since 1915. The area contains one of the highest
densities of copper prospects in British Columbia and is rated high
for mineralization by the BCGS (British Columbia Geological Survey).
Initial exploration on the Property was conducted by Dodge Copper in
1954 when 145 percussion holes were drilled outlining the Pomeroy
areas. Exploration in the 1970's by Prince Stewart Mines and Quadra
Mining resulted in a historic reserve estimate of 3.5 metric tons
grading 2% copper. Exploration in the 1990's resulted in a historical
resource estimate from all occurrences of 5.3Mt grading 1.98% copper,
and is used for historical reference purposes only.
About Trilliant Exploration (OTCQB: TTXP)
http://www.trilliant-exploration.com Trilliant Exploration is focused
on a variety of strategic mineral acquisitions including Copper and
well positioned to capture the next wave in mineral exploration,
Lithium and Rare Earth metals. Trilliant Exploration is a US based,
high growth mining company focused on adding value through successful
exploration, project development, efficient operations, and
opportunistic acquisitions. Maintaining a low risk profile through
project diversification, astute financial management and operating in
secure jurisdictions are key priorities for Trilliant Exploration's
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.
Mr. Mark Evans
Phone: (212) 203-0310
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