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.