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Trilliant Exploration Signs Letter of Intent to Acquire Ecuadorian Gold Processor to Increase Gold Production

July 15, 2009
Trilliant Exploration Corp., a fully operational and producing gold mining company with concessions in Southern Ecuador, has announced that its fully owned Ecuadorian operating subsidiary, Ayapambagold S.A., has signed a letter of intent with publicly traded GB Global AG of Switzerland to purchase a 100% stake in GB Global's Compania Minera Santafe Mining S.A. (Santa Fe). Terms of the acquisition have not been released at this time.

Compania Minera Santafe Mining, located in the El Oro Province, Ecuador, has been in operation for since 2007. Santa Fe, which processes rock and sand tailings, is currently being retrofitted to process 150 tons of rock per day.

"We see Santa Fe as a key building block in El Oro province,” said William Lieberman, chief executive officer of Trilliant Exploration. “The acquisition of Santa Fe's processing facilities combined with Muluncaygold will help us quickly move our Ecuadorian operations to full capacity and Trilliant expects to be operating at a combined 200 tons per day very soon. Trilliant will be in full compliance with the new mining laws of Ecuador which come into effect in February of 2010 and maintain that mining companies be operating at a minimum of 100 tons per day by that time. Trilliant Exploration plans to be a very positive example for foreign investors into the mineral rich country of Ecuador."

For more information and recorded video and interview with Lieberman, visit www.miningstock.info.