TruLan is a Nevada based exploration and mining development company with a focus on Gold, Silver, and Platinum Group Metals (PGM) projects in North and South America. The company and its management team have evaluated several highly prospective properties that have shown excellent promise for the establishment of near term mining operations, in addition to highly anticipated exploration potential.
The TruLan team is commited to the acquisition of properties that have previously undergone significant exploration and work programs, and where a comprehensive data package exists. In order to maximize shareholder value, TruLan's mission is the development of properties whose potential is considered to be extensive, with minimal infrastructure and operational costs, and that can be advanced in an environmentally responsible manner. Projects
IGP Iron-Gold-Platinum Project; Chile, South America
Trulan recently signed an agreement to acquire a 100% interest in the IGP Iron Gold Platinum Project ("IGP" or the "Project") in the IV Region - Region de Coquimbo - of Chile. The relatively small region has a long history of mining and several operations are currently in production, including the Los Pelambres Deposit, which is the world's fifth largest copper mine.
The IGP Project totals 885 Hectares (2,186 Acres) of wide spread mineralization and ore bodies that contain high grades of Iron, Gold, Platinum and high value industrial metals. There are eight known deposits in close proximity which have been tested to the point where an Indicated Ore resource has been delineated. There are four ore bodies with an Indicated Reserve in excess of 247 Million Metric Tons. Each of the four deposits have not been fully tested to determine ultimate size and they all remain open on all sides and at depth. Further exploration beyond the zones outlined to date is needed to realize the full extent of the mineralization and total size of the Ore bodies. From April 11, 2013 Press Release
"The IGP Project has a delineated Indicated Resource of 247 million metric tons contained in four ore bodies. Tonnage and grade indicate that there are 1,764,112 ounces of recoverable gold contained in the areas of the IGP that have been tested and sampled thus far. Using a cut-off market value of $1,500.00 per oz, the Indicated in-situ Gold Resource is currently valued at USD$2,646,168,000.
The Company recently reported that magnetite in the four deposits of the IGP contains 62% iron ore. Based on recent (January, 2013) spot market prices for iron ore and calculating grade, tonnage, mine life, production costs and recovery rate, the iron ore contained in the known deposits has a present market value of USD$2,912,090,850. Including the newly released gold numbers, the resulting aggregate mineral value confirmed to date is USD$5,558,258,850."
Our Eureka Placer Claim is located on Eureka Creek in California's Sierra City Mining District.This district covers a very large area in Sierra County, extending through Furnier, Loganville, Church Meadows, Gold Valley, and the Sierra City-Buttes areas. It is located at the southern portion of a major belt of gold mineralization that extends to the northern district, Johnsville Mining District, which is located in Plumas County. This area was common for placer mining during the gold rush and many coarse nuggets were recovered. In local lode mines, many high grade surface pockets were discovered, including that of the Four Hills mine which yielded between $250,000- $500,000. This mining district was highly active between 1870-1914, and intermittent mining has continued into present time. The actual value of output from the area is unknown, but is estimated to have been about $30 million.
Geology- Through the west of the district is a trending belt of Calaveras slate, schist, and quartzite with limestone lenses, while the east consists of a quartz porphyry belt that lies in the central portion, and greenstone and amphibolite schist to the east. Few serpentine lenses are present and the northeastern area is overlain by glacial moraines. There are a series of trending quartz veins that range anywhere from a few feet to as much as 40 feet in thickness. These veins can be found in the metamorphic rock, and the ore bodies contain free gold, pyrite, and minor galena and chalcopyrite. Several fairly magnetic deposits can be found in the north end of the district.
The Eureka Mining District is an extensive area of scattered placer and a few lode deposits in northwestern Sierra County about eight miles northwest of Downieville. It includes the "diggings" not only at Eureka but also at Craig's Flat, Morristown, and Saddleback Mountain. It is surrounded by a number of famous placer-mining districts: Downieville, Poker Flat, Port Wine, Poverty Hill, and Brandy City. The hydraulic mines here were worked on a major scale from the 1850s to the middle 1880s, and then intermittently on a smalll scale through the 1930s.
The principal Tertiary channel deposits are at Eureka, Craig's Flat, Morristown, and Monte Cristo, the most extensive being at Eureka. They are part of the Eureka channel, an indistinct branch of the Tertiary North Fork of the Yuba River. As in the other nearby placer-mining districts, the chief values were obtained from the lower quartzitic gravels. Some very coarse nuggets have been found here. Bedrock consists of slate and phyllite and several narrow belts of greenstone and serpentine. Several of the high ridges are capped by andesite. There are a few gold-quartz veins, the most productive having been at the Telegraph mine, which is on a slate-serpentine contact.
The Eureka placer mining claim is situated on Eureka Creek, directly downstream from the Eureka Diggings hydraulic mine site. The claim encompasses 3/4′s of a mile of Eureka Creek and is accessible by two wheel drive vehicles.
Contact Corporate & Management: [email protected]
TruLan Resources Inc.
2850 W. Horizon Ridge, Suite 200
Henderson, NV 89052
Robert Rosner, Chief Executive Officer & Director ( Owns 320 million shares) (500 million A/S)
Mr. Rosner has been involved in natural resource management since 1990. As an entrepreneur he has been involved in all aspects of project development, from sourcing and evaluating mineral properties to acquisition, financing and operations. He has acted as an officer and director of numerous publicly listed companies, primarily in the natural resource sector, but has also garnered considerable knowledge and experience in technology and consumer products as well.
In addition to acting as President and Chief Executive Officer of TruLan Resources, he was a previous President and Director of NYSE listed Fortuna Silver Mines Inc., President and Director of TSX listed Niogold Mining Corp., a Director of TSX listed Acadia Resources Corp., and Director and Chief Executive Officer of Wataire Inc.
Mr. Rosner's comprehensive skill set and management experience in moving companies and their projects forward is a considerable asset to TruLan as it builds its team and executes its mission statement.