Jan 19 2013
Trilliant Exploration Corporation ("Company") filed its 8K with the Securities and Exchange Commission ("SEC") that the company and Copper Island Mines Ltd. ("Copper") have signed definitive agreements, namely a Shareholders' Agreement whereby Trilliant acquired a 20% interest in Copper Island's Quadra Island project ("Project"), located near Campbell River, BC, in addition to purchasing a 20% equity interest in the project for Thirty Million shares of Trilliant's common stock.
The company also included initial geological mapping report on the Copper Island Property in the filing. The company expects to have this and additional information on its website www.trilliant-exploration.com in the upcoming days.
The 8K can be viewed on the SEC website at:
http://www.sec.gov/Archives/edgar/data/1378948/000147793213000271/0001477932-13-000271-index.htm
Copper Island Mines Ltd. is in the process of working with the necessary personnel for the NT43-101 which will independently verify the mineralization of high grade copper.
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 Geographic System). 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1990's resulted in a historical resource estimate from all occurrences of 5.3Mt grading 1.98% copper, and is used for historical reference purposes only.
Source: http://www.trilliant-exploration.com/