TRLR is an exploration and mining development company with a primary focus on Gold, Silver, and Platinum Group Metals projects in North, Central, and South America. The company and its management team have evaluated several highly prospective properties which have shown excellent promise for the establishment of near-term mining operations, in addition to highly anticipated exploration potential.
The company has recently issued several exciting updates regarding their new project in Chile. In one of the most recent updates, TRLR reported that their CEO held a financial summit and site visits to their IGP projects. The company also released exciting news regarding the CEO meeting with Chilean officials regarding the infrastructure construction for this multi-billion dollar project. These developments are giant leaps forward for TRLR in their quest to begin extracting a veritable treasure trove of minerals from this project!
TRLR recently acquired a 100% stake
in IGP Iron Gold Platinum Project (Chile)
This project puts TRLR at the forefront of mining and exploration in a country that has proven reserves. Investors can expect to unlock solid gains going forward as the project matures. The project contains four ore bodies with an Indicated Reserve in excess of 247 Million Metric Tons. The combined value of the ore is reportedly worth $2.9B!
With Chile offering such amazing mining potential, we have little doubt that TRLRhas what it takes to rapidly forge ahead with their aggressive business plan. TRLRalready has their IGP Project in Chile which includes 885 Hectares (2,186 acres) of wide-spread mineralization. It's reported that this area contains high grades of Iron, Gold, Platinum, as well as other high-value industrial metals. TRLR's IGP project in Chile is estimated to hold an aggregate mineral value of approximately $5B! Now that's what we call serious potential!
Keep in mind that TRLR has traded at a much higher range in the past year. The 52 week high for TRLR is a lofty $1.80 PPS, which is more than 5,000% above the current price level! A return to this high or even beyond would be an absolutely amazing win for traders!
Yesterday's Breaking News:
Trulan To Acquire Additional Property Around Its
Existing IGP Iron-Gold-Platinum Project In 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 has reviewed preliminary data on other properties surrounding the IGP Project where initial exploration activity has uncovered highly anomalous mineralization similar to that of the IGP. The company has pursued discussion with the landowners of various properties that are of interest and expects that it will be able to acquire most, if not all, of the target area. Acquisition of any additional properties will be strategic in nature and the completion of any transaction will have the direct result of substantially adding high value exploration potential to the already prolific IGP Project.
TRLR is also trading near the very bottom of its established 52 week trading channel. As we've seen before, bouncing off of an established low can quickly surge for a substantial gain. With TRLR on the cusp of securing the $1M investment it needs to start mining the $2.6B worth of gold just discovered in Chile, revenue potential is therefore sound and demands our immediate attention. Stay tuned for more updates.