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Last $0.0006 USD
Change Today 0.00 / 0.00%
Volume 20.2K
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

trulan resources inc (TRLR) Snapshot

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08/25/14 - $0.0030
52 Week Low
05/20/15 - $0.0004
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trulan resources inc (TRLR) Details

TruLan Resources Inc. operates as an exploration and mining development company. The company focuses on gold, silver, and platinum group metal projects in North and South America. It has interests in the Eureka Placer Claim that is located in Eureka Creek, California. The company was formerly known as Hire International Inc. and changed its name to TruLan Resources Inc. in October 2012 to reflect the change in business to natural resource mineral exploration. TruLan Resources Inc. is headquartered in Henderson, Nevada.

11 Employees
Last Reported Date: 04/23/12
Founded in 1996

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trulan resources inc (TRLR) Key Developments

Trulan Resources Inc. to Acquire Additional Property Around its Existing IGP Iron-Gold-Platinum Project in Chile

Trulan Resources Inc. announced that it has identified a number of properties in the area of, and directly adjacent to, the IGP Project in central Chile. The IGP Project is currently comprised of 855 hectares of land that hosts four known ore bodies in which a resource calculation has already been determined. The company has previously reported that the IGP contains 1,764,112 ounces of gold, 1,905,428 ounces of platinum, and also that the deposits contain between 8.0 and 16.1% magnetite, of which the iron ore content is a high grade 62%.

Trulan Resources Inc. Reports 1,905,428 Ounces of Platinum Indicated Within Four Zones on the IGP Iron-Gold-Platinum Project in Chile

Trulan Resources Inc. reported on the indicated platinum value contained in four ore bodies that form part of the company's IGP Iron-Gold-Platinum Project in Chile. According to the geological report based on extensive sampling to determine the size of the Indicated Resource, platinum was encountered throughout the property and that all samples collected were tested for platinum and estimated using mineral counting methodology. The results indicate an average grade of 0.27 grams per ton. The IGP Project has a delineated Indicated Resource of 247 million metric tons contained in four ore body zones. Tonnage and grade indicate that there are 1,905,428 ounces of recoverable platinum contained in the areas of the IGP that have been tested and sampled thus far. Using a cut-off market value of $1,381.00 per oz, that being the lowest price encountered on the spot market during the past twelve month period, the Indicated in-situ platinum resource is currently valued at $2,631,396,068.


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