Friday, 15 March 2019

Building The Green Energy Metals Royalty Company: Kirill Klip On TNR Gold’s Copper And Lithium Royalties And Gold Project In Alaska.



"Internet decentralised our Information, Tesla rEVolution is decentralising our Energy, Blockchain will decentralise access to the Capital."



Over the past twenty-three years, TNR, through its lead generator business model, has been successful in generating high-quality exploration projects around the globe. With the Company’s expertise, resources and industry network, it identified the potential of the Los Azules copper project in Argentina and now holds a 0.36% NSR royalty on the entire project, which is being developed by McEwen Mining Inc.
In 2009, TNR Gold founded International Lithium Corp. (“ILC”), a green energy metals company that was made public company through the spin-out of TNR’s energy metals portfolio in 2011. ILC holds interests in lithium projects in Argentina, Ireland and Canada.
TNR retains a 1.8% NSR royalty on the Mariana Lithium property in Argentina. ILC has a right to repurchase 1.0% of the NSR royalty on the Mariana Lithium property of which 0.9% relates to the Company’s NSR interest. The Company would receive $900,000 on the execution of the repurchase. The project is currently being advanced in a joint venture between ILC and Ganfeng Lithium International Co. Ltd.
TNR provides significant exposure to gold through its 90% holding in the Shotgun Gold porphyry project in Alaska. The project is located in Southwestern Alaska near the Donlin Gold project, which is being developed by Barrick Gold and Novagold Resources Inc.
The Company’s strategy with Shotgun Gold Project is to attract a joint venture partnership with one of the gold major mining companies.  The Company is actively introducing the project to interested parties.
At its core, TNR provides significant exposure to gold, copper and lithium through its holdings in Alaska (the Shotgun gold porphyry project) and Argentina, and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value.



PDAC 2019: TNR Gold Updates On Copper & Lithium Royalties And Shotgun Gold Project.





"We aim to proactively manage our capital and royalty portfolio in order to optimize our holdings and meet strategic goals," commented Kirill Klip, Executive Chairman of TNR. "TNR's strategic initiatives include research and marketing of convertible royalty debentures - debt instruments allowing conversion directly into part-ownership of our royalty holdings; merger and acquisition-related activities aimed at creating partnerships on the basis of our royalty holdings and exploring the opportunities provided by blockchain technology in order to create access to capital allocated for crypto assets. We are actively seeking partners who would like to connect their digital assets with our potential future royalty cash-flow streams. 
"The TNR team has the full support of the Company's investment loan capital provider who backs our business plan and long-term strategic initiatives. It's clear that the decision of our investment loan capital provider earlier this year, to extend the due date of the investment loan by three years, is a resounding show of confidence in TNR's business strategy, asset portfolio and management team. 
"After receipt of debenture loan repayment in February, we have addressed another important issue for TNR by considerably improving our working capital and strengthening the balance sheet. We have the resources to concentrate our efforts on building a premier green energy metals royalty company by maximizing the value of our royalty portfolio of copper and lithium projects that are instrumental in the electric vehicle and green energy sectors. In addition, TNR's business plan includes investigating new strategic acquisitions and developing the Shotgun Gold project in Alaska."
TNR benefits by not being required to contribute any capital to our royalty holdings on the Los Azules copper project and on the Mariana Lithium Project in Argentina. The Company's strategy with the Shotgun Gold Project is to attract a joint venture partnership with one of the major gold mining companies. TNR is actively introducing the project to interested parties. The essence of our business model is to have industry leaders like McEwen Mining and Ganfeng Lithium as operators on the projects that will potentially generate royalty cash flows to contribute and develop significant long-term value for our shareholders.
Strategic Initiatives
"As mentioned in the strategic initiative news release of December 18, 2018, the Company is performing extensive due diligence regarding the potential of the blockchain technology and how this technology can not only serve our needs with the investment community, should we consider further capital funding for future investments, but how it can assist the entire mining and commodity sector as a whole," stated John Davies, Director of TNR. "This, quite directly, goes straight to the heart of TNR, "the little company with a great ambition to not only build long-term shareholder value but better our communities far and wide. 
"Blockchain technology is, in my opinion, a crucial concern of the world of finance going forward. Moving past the fluctuation of prices of various cryptocurrencies in what is the still the early stages of the section, blockchain technology is built upon mathematics code, where reliability, authentication and authorization, is a cornerstone and welcomed by a generation of investors. 
"For the mining sector, and others, this has enormous implications as it naturally plays a role in the matter of the proof of origin, thus the ethics of the supply chain, procurement, custody and of course respecting care of the environment and humanity. 
"Furthermore and equally as important, is understanding financing via cryptocurrency. Through this medium, the potential to accelerate economic development is enormous and can quickly connect the global investment community while eliminating expenses. Essentially, this has the potential to be a pipeline to connect investors from all over the world with the mining community in a highly trustworthy setting and in a manner that directs funds to project development."



LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.





TNR Gold:

TNR GOLD UPDATES ON COPPER & LITHIUM ROYALTIES AND SHOTGUN GOLD PROJECT


Vancouver, British Columbia--(Newsfile Corp. - February 25, 2019) - TNR Gold Corp. (TSXV: TNR) ("TNR" or the "Company") is pleased to report that as a result of our strategic initiatives, we have successfully achieved very important milestones toward building the green energy metals royalty company. 
"We aim to proactively manage our capital and royalty portfolio in order to optimize our holdings and meet strategic goals," commented Kirill Klip, Executive Chairman of TNR. "TNR's strategic initiatives include research and marketing of convertible royalty debentures - debt instruments allowing conversion directly into part-ownership of our royalty holdings; merger and acquisition-related activities aimed at creating partnerships on the basis of our royalty holdings and exploring the opportunities provided by blockchain technology in order to create access to capital allocated for crypto assets. We are actively seeking partners who would like to connect their digital assets with our potential future royalty cash-flow streams. 
"The TNR team has the full support of the Company's investment loan capital provider who backs our business plan and long-term strategic initiatives. It's clear that the decision of our investment loan capital provider earlier this year, to extend the due date of the investment loan by three years, is a resounding show of confidence in TNR's business strategy, asset portfolio and management team. 
"After receipt of debenture loan repayment in February, we have addressed another important issue for TNR by considerably improving our working capital and strengthening the balance sheet. We have the resources to concentrate our efforts on building a premier green energy metals royalty company by maximizing the value of our royalty portfolio of copper and lithium projects that are instrumental in the electric vehicle and green energy sectors. In addition, TNR's business plan includes investigating new strategic acquisitions and developing the Shotgun Gold project in Alaska."
TNR benefits by not being required to contribute any capital to our royalty holdings on the Los Azules copper project and on the Mariana Lithium Project in Argentina. The Company's strategy with the Shotgun Gold Project is to attract a joint venture partnership with one of the major gold mining companies. TNR is actively introducing the project to interested parties. The essence of our business model is to have industry leaders like McEwen Mining and Ganfeng Lithium as operators on the projects that will potentially generate royalty cash flows to contribute and develop significant long-term value for our shareholders.



Los Azules Copper Project NSR Royalty Holding
In a news release dated February 21, 2019, McEwen Mining Inc. ("McEwen Mining") stated: "Our focus is on delivering near-term production growth from our projects in the United States and Canada, and on advancing Los Azules." The statement gives TNR confidence that McEwen Mining is keen to move the Los Azules project forward.
In addition, McEwen Mining stated the following on its 100% owned Los Azules project: "We spent $6 million at Los Azules during 2018. The activities performed were mainly technical site investigations and environmental baseline monitoring work, to advance permitting efforts. We are currently investigating a new access route to the project that, if developed into a road, could provide year-round access to Los Azules, greatly accelerating the potential development of the project and reducing operating costs. Our 2019 exploration budget for Los Azules is $3 million."
McEwen Mining's press releases and website material appear to be prepared by "Qualified Persons" (as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")) and the procedures, methodology and key assumptions disclosed by McEwen Mining are those adopted and consistently applied in the mining industry, but no Qualified Person engaged by TNR has done sufficient work to analyze, interpret, classify or verify McEwen Mining's information, nor to determine the current mineral reserve or resource or any other information referred to in their press releases. Accordingly, the reader is cautioned in placing any reliance on these disclosures.
The Company holds a 0.36% royalty on the net smelter return ("NSR") royalty of the entire Los Azules copper project in Argentina. TNR summarized the PEA results in a news release issued on October 10, 2017.



Mariana Lithium Project NSR Royalty Holding
International Lithium Corp. ("ILC") issued a news release on January 22, 2019 in relation to the Mariana Lithium project in Salta Province, Argentina. TNR holds a 1.8% NSR Royalty on the Mariana project.
The news release issued by ILC states that a technical report "Preliminary Economic Assessment of the Mariana Lithium Brine Project," or "PEA" with an effective date of November 15, 2018, is now available under ILC's profile on SEDAR, http://www.sedar.com.
The Mariana Lithium project is owned 82.754% by Ganfeng Lithium and 17.246% by ILC.
Highlighted results of the PEA as reported by ILC:
  • 25-year mine life producing 10,000 tonnes per year ("TPY") Lithium Carbonate Equivalent ("LCE") plus 84,000 TPY Sulphate of Potash ("SOP").
  • The estimated CAPEX and OPEX are for a conventional brine extraction facility, solar evaporation ponds and SOP processing with a level of accuracy of -30/+50%.
  • CAPEX estimated at US $243 million for 25-year mine life.
  • NPV = US $192 million after-tax at 10% discount rate, IRR = 20% post-tax.
  • Project results remain positive, even with important negative variations on the driver variables, indicating project strength and resilience; thus, the PEA study indicates Mariana's proposed 10,000 TPY LCE concentrated brine and 84,000 TPY SOP fertilizer operation has the potential to generate strong economic returns.
ILC's press releases and website material appear to be prepared by Qualified Persons as defined by NI 43-101 and the procedures, methodology and key assumptions disclosed by ILC are those adopted and consistently applied in the mining industry, but no Qualified Person engaged by TNR has done sufficient work to analyze, interpret, classify or verify ILC's information, nor to determine the current mineral reserve or resource or any other information referred to in their press releases. Accordingly, the reader is cautioned in placing any reliance on these disclosures.



Shotgun Gold Project
TNR provides significant exposure to gold through its 90% holding in the Shotgun Gold porphyry project in Alaska. The project is located in South-Western Alaska near the Donlin Gold project. Alaska's attractiveness is rising according to the investment index of the Fraser Institute's "Annual Survey of Mining Companies".
TNR published a resource estimate on the Shotgun in 2013. TNR reported an inferred resource of 20,734,313 tonnes at 1.06 grams per tonne ("g/t") gold for a total of 705,960 ounces gold ("Au") using a 0.5 g/t Au cut-off grade (news release issued on April 22, 2013 and technical report titled, "Technical Report on the Shotgun Gold Project", dated May 27, 2013 and filed on SEDAR).
The Company's strategy with the Shotgun Gold Project is to attract a joint venture partner with a major gold mining company. TNR is actively introducing the project to interested parties.



Strategic Initiatives
"As mentioned in the strategic initiative news release of December 18, 2018, the Company is performing extensive due diligence regarding the potential of the blockchain technology and how this technology can not only serve our needs with the investment community, should we consider further capital funding for future investments, but how it can assist the entire mining and commodity sector as a whole," stated John Davies, Director of TNR. "This, quite directly, goes straight to the heart of TNR, "the little company with a great ambition to not only build long-term shareholder value but better our communities far and wide. 
"Blockchain technology is, in my opinion, a crucial concern of the world of finance going forward. Moving past the fluctuation of prices of various cryptocurrencies in what is the still the early stages of the section, blockchain technology is built upon mathematics code, where reliability, authentication and authorization, is a cornerstone and welcomed by a generation of investors. 
"For the mining sector, and others, this has enormous implications as it naturally plays a role in the matter of the proof of origin, thus the ethics of the supply chain, procurement, custody and of course respecting care of the environment and humanity. 
"Furthermore and equally as important, is understanding financing via cryptocurrency. Through this medium, the potential to accelerate economic development is enormous and can quickly connect the global investment community while eliminating expenses. Essentially, this has the potential to be a pipeline to connect investors from all over the world with the mining community in a highly trustworthy setting and in a manner that directs funds to project development."
Afzaal Pirzada, Consultant to the Company and a Qualified Person as defined by NI 43-101, has reviewed the technical content of this news release.



TNR Gold Corp. is working to become the green energy metals royalty company.
Over the past twenty-three years, TNR, through its lead generator business model, has been successful in generating high-quality exploration projects around the globe. With the Company's expertise, resources and industry network, it identified the potential of the Los Azules copper project in Argentina and now holds a 0.36% NSR royalty on the entire project, which is being developed by McEwen Mining Inc.
In 2009, TNR founded International Lithium Corp. ("ILC"), a green energy metals company that was made public through the spin-out of TNR's energy metals portfolio in 2011. ILC holds interests in lithium projects in Argentina, Ireland and Canada. 
TNR retains a 1.8% NSR royalty on the Mariana Lithium Project in Argentina. ILC has a right to repurchase 1.0% of the NSR royalty on the Mariana Lithium Project, of which 0.9% relates to the Company's NSR royalty interest. The Company would receive $900,000 on the completion of the repurchase. The project is currently being advanced in a joint venture between ILC and Ganfeng Lithium International Co. Ltd.
TNR provides significant exposure to gold through its 90% holding in the Shotgun Gold porphyry project in Alaska. The project is located in Southwestern Alaska near the Donlin Gold project, which is being developed by Barrick Gold and Novagold Resources Inc.
The Company's strategy with Shotgun Gold Project is to attract a joint venture partnership with one of the gold major mining companies. The Company is actively introducing the project to interested parties.
At its core, TNR provides significant exposure to gold, copper and lithium through its holdings in Alaska (the Shotgun Gold porphyry project) and Argentina (the Los Azules copper and the Mariana Lithium projects) and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value.
On behalf of the Board of Directors,
Kirill Klip
Executive Chairman
For further information concerning this news release please contact +1 604-229-8129
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "will", "could" and other similar words, or statements that certain events or conditions "may" or "could" occur, although not all forward-looking statements contain these identifying words. Specifically, forward-looking statements in this news release include, but are not limited to, statements made in relation to: TNR's corporate objectives, changes in share capital, market conditions for energy commodities, the results of McEwen Mining's and ILC's PEAs, and improvements in the financial performance of the Company. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the Company's interim and annual Management's Discussion and Analysis which are available under the Company's profile on www.sedar.com. While management believes that the assumptions made and reflected in this news release are reasonable, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. In particular, there can be no assurance that: TNR will be able to repay its loans or complete any further royalty acquisitions or sales; debt or other financing will be available to TNR; or that TNR will be able to achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking statements included herein are not guarantees of future performance, and such forward-looking statements should not be unduly relied on.
In formulating the forward-looking statements contained herein, management has assumed that business and economic conditions affecting TNR and its royalty partners, McEwen Mining Inc. and International Lithium Corp. will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.
Forward-looking information herein and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

Thursday, 28 February 2019

PDAC 2019: TNR Gold Invites Expressions Of Interest For Shotgun Gold Project, Alaska.



"The Company's strategy with the Shotgun Gold Project is to attract a partnership with one of the major gold mining companies. TNR is actively introducing the project to interested parties," commented Kirill Klip, Executive Chairman of TNR. "We may be at the beginning of a great discovery. There is a clear path on how to move this project forward using the geological and geophysical research currently available to target drilling to expand the resource and form the basis of a preliminary economic analysis. The next step is to acquire a partner that shares our vision and recognizes the growth potential and value to be added to the Shotgun project over time."



LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.






TNR Gold:

TNR Gold Invites Expressions of Interest for Shotgun Gold Project, Alaska


Vancouver, British Columbia--(Newsfile Corp. - February 28, 2019) - TNR Gold Corp. (TSXV: TNR) ("TNR" or the "Company") is pleased to announce that it is seeking interested parties to express their interest for a possible partnership on the Shotgun Gold Project in Alaska. Requests for an information package can be sent to info@tnrgoldcorp.com. Detailed information about the Shotgun Gold Project can be found on the TNR website www.tnrgoldcorp.com.
"The Company's strategy with the Shotgun Gold Project is to attract a partnership with one of the major gold mining companies. TNR is actively introducing the project to interested parties," commented Kirill Klip, Executive Chairman of TNR. "We may be at the beginning of a great discovery. There is a clear path on how to move this project forward using the geological and geophysical research currently available to target drilling to expand the resource and form the basis of a preliminary economic analysis. The next step is to acquire a partner that shares our vision and recognizes the growth potential and value to be added to the Shotgun project over time."



TNR reported in its news release dated April 22, 2013, an inferred mineral resource estimate at Shotgun Ridge containing 20,734,313 tonnes with 1.06 grams per tonne ("g/t") gold ("Au") for a total of 705,960 ounces gold using a 0.5 g/t Au cut-off. The mineralization is clearly open at depth with some potential to extend laterally. The inferred mineral resource disclosed in the Technical Report is consistent with the disclosure of the inferred mineral resource announced in TNR's April 22, 2013 news release.
On May 30, 2013, TNR filed on SEDAR a Technical Report titled, "Technical Report on the Shotgun Gold Project, Southwest Alaska" with an effective date of May 27, 2013, that supports the resource estimate on the Shotgun Gold project in Alaska. Nicholas Van Wyck, Ph.D. CPG of Sisyphus Consulting, an independent qualified person as defined by NI 43-101, is the primary author of the report with Allan Armitage, Ph.D., P.Geol of GeoVector Management, also an independent qualified person, responsible for the resource calculation at Shotgun Ridge, an area of gold mineralization located within the Shotgun Gold Project.
Cannot view this image? Visit: https://orders.newsfilecorp.com/files/2014/43107_7a2b738234d2d812_003.jpg
Figure 1: Cross section through the resource shell at Shotgun Ridge showing mineralization is open at depth. Note the mineralized intervals in drill holes SR98-13 and SR06-41 are not included in the resource estimate and SR98-13 ends in mineralization.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/2014/43107_7a2b738234d2d812_003full.jpg
The Company has since identified unique geophysical anomalies in magnetics, resistivity and chargeability responses that coincide with the known mineralization and also occurs in areas adjacent to the known mineralization providing several targets for follow-up drill testing. The technical report recommends a budget for 8,000 metres of drilling which would focus on testing the newly identified targets and expanding the current resource both laterally and at depth.
Cannot view this image? Visit: https://orders.newsfilecorp.com/files/2014/43107_7a2b738234d2d812_004.jpg

Figure 2: Cross section through the 3D IP model showing mineralized intervals coincident with low chargeabilities (blue zones). There is no drilling in the adjacent low chargeability zones which are primary targets for additional gold mineralization.

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2014/43107_7a2b738234d2d812_004full.jpg
Afzaal Pirzada, P. Geo., a Qualified Person as defined by NI 43-101 and a consultant to the Company, has reviewed and approved the technical content in this news release.



TNR holds a 90% interest in the Shotgun property located 190 kilometres south of the Donlin Gold Project deposits within the Kuskokwim Gold Belt in southwestern Alaska. This area is emerging as a world-class, multimillion ounce gold district. The Shotgun property includes a number of prospects, including Shotgun Ridge and nearby Winchester. Donlin Gold is an intrusion-associated system and represents one of the largest undeveloped gold deposits in the world. The Company believes that there are several key similarities between prospects on the Shotgun property and that of the Donlin Gold Project deposits as well as other important intrusion-associated deposits worldwide.
TNR acquired 100% of the Shotgun Ridge prospect in 2010 following a 50/50 joint venture with Novagold Resources Inc. ("Novagold"). A total of 66 mining claims, each 160 acres, are located over and surrounding the Shotgun Ridge prospect for a total of 10,560 acres (4273.48 hectares).
Ground geophysical surveys conducted by TNR helped to identify structural controls on mineralization at Shotgun Ridge. Drill testing in 2012 confirmed the structural model of mineralization with two drill holes returning mineralized intervals in excess of 200 metres, SR12-56 returned 242 metres averaging 1.25 g/t gold and SR12-57 returned 209 metres averaging 1.02 g/t gold (news release dated October 10, 2012).
The Company is targeting a large tonnage porphyry system at Shotgun Ridge. Structural repeats, as interpreted from airborne magnetic data and ground geophysical surveys, provide TNR with encouraging targets for future drill testing.



TNR Gold Corp. is working to become the green energy metals royalty company.
Over the past twenty-three years, TNR, through its lead generator business model, has been successful in generating high-quality exploration projects around the globe. With the Company's expertise, resources and industry network, it identified the potential of the Los Azules copper project in Argentina and now holds a 0.36% NSR royalty on the entire project, which is being developed by McEwen Mining Inc.
In 2009, TNR founded International Lithium Corp. ("ILC"), a green energy metals company that was made public through the spin-out of TNR's energy metals portfolio in 2011. ILC holds interests in lithium projects in Argentina, Ireland and Canada. 
TNR retains a 1.8% NSR royalty on the Mariana Lithium Project in Argentina. ILC has a right to repurchase 1.0% of the NSR royalty on the Mariana Lithium Project, of which 0.9% relates to the Company's NSR royalty interest. The Company would receive $900,000 on the completion of the repurchase. The project is currently being advanced in a joint venture between ILC and Ganfeng Lithium International Co. Ltd.
TNR provides significant exposure to gold through its 90% holding in the Shotgun Gold porphyry project in Alaska. The project is located in Southwestern Alaska near the Donlin Gold project, which is being developed by Barrick Gold and Novagold Resources Inc.
The Company's strategy with Shotgun Gold Project is to attract a joint venture partnership with one of the gold major mining companies. The Company is actively introducing the project to interested parties.
At its core, TNR provides significant exposure to gold, copper and lithium through its holdings in Alaska (the Shotgun Gold porphyry project) and Argentina (the Los Azules copper and the Mariana Lithium projects) and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value.
On behalf of the Board of Directors,
Kirill Klip
Executive Chairman
For further information concerning this news release please contact +1 604-229-8129
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "will", "could" and other similar words, or statements that certain events or conditions "may" or "could" occur, although not all forward-looking statements contain these identifying words. Specifically, forward-looking statements in this news release include, but are not limited to, statements made in relation to: TNR's corporate objectives, changes in share capital, market conditions for energy commodities, the results of McEwen Mining's and ILC's PEAs, results of the Shotgun Gold Project resource estimate, and improvements in the financial performance of the Company. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the Company's interim and annual Management's Discussion and Analysis which are available under the Company's profile on www.sedar.com. While management believes that the assumptions made and reflected in this news release are reasonable, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. In particular, there can be no assurance that: TNR will be able to repay its loans or complete any further royalty acquisitions or sales; debt or other financing will be available to TNR; or that TNR will be able to achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking statements included herein are not guarantees of future performance, and such forward-looking statements should not be unduly relied on.
In formulating the forward-looking statements contained herein, management has assumed that business and economic conditions affecting TNR and its royalty partners, McEwen Mining Inc. and International Lithium Corp. will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.
Forward-looking information herein and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

Wednesday, 27 February 2019

PDAC 2019: Building The Green Energy Metals Royalty Company: TNR Gold Los Azules Copper NSR Royalty Holding Presentation February 2019.



"We aim to proactively manage our capital and royalty portfolio in order to optimize our holdings and meet strategic goals," commented Kirill Klip, Executive Chairman of TNR. "TNR's strategic initiatives include research and marketing of convertible royalty debentures - debt instruments allowing conversion directly into part-ownership of our royalty holdings; merger and acquisition-related activities aimed at creating partnerships on the basis of our royalty holdings and exploring the opportunities provided by blockchain technology in order to create access to capital allocated for crypto assets. We are actively seeking partners who would like to connect their digital assets with our potential future royalty cash-flow streams. 
"The TNR team has the full support of the Company's investment loan capital provider who backs our business plan and long-term strategic initiatives. It's clear that the decision of our investment loan capital provider earlier this year, to extend the due date of the investment loan by three years, is a resounding show of confidence in TNR's business strategy, asset portfolio and management team. 
"After receipt of debenture loan repayment in February, we have addressed another important issue for TNR by considerably improving our working capital and strengthening the balance sheet. We have the resources to concentrate our efforts on building a premier green energy metals royalty company by maximizing the value of our royalty portfolio of copper and lithium projects that are instrumental in the electric vehicle and green energy sectors. In addition, TNR's business plan includes investigating new strategic acquisitions and developing the Shotgun Gold project in Alaska."
TNR benefits by not being required to contribute any capital to our royalty holdings on the Los Azules copper project and on the Mariana Lithium Project in Argentina. The Company's strategy with the Shotgun Gold Project is to attract a joint venture partnership with one of the major gold mining companies. TNR is actively introducing the project to interested parties. The essence of our business model is to have industry leaders like McEwen Mining and Ganfeng Lithium as operators on the projects that will potentially generate royalty cash flows to contribute and develop significant long-term value for our shareholders.




LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.






Red Metal Goes Green During The Tesla Energy rEVolution: Frank Holmes - Will 2019 Be the Year of King Copper?





I would like to share with you today Frank Holmes's article about the big picture for copper and catalyses coming to this market in the next few years. It looks like Energy rEvolution is starting to take out our streets one by one for real with every new Tesla hitting the road. And now, finally, Tesla Model 3 is introducing the best electric cars at the more affordable prices on a truly massive mass-market scale. China is just going parabolic with EVs adoption and its "1000" new EV makers. Tesla Model Y will kill completely the brave idea that cars should be powered by the controlled explosions under the hood with enormous waste of energy and dire consequences to the health of not only the happy riders but the whole planet. The ICE Age is over and it is time to check your portfolios, Ladies and Gentlemen.




Frank Holmes is the must follow in The Switch - tectonic Energy transition happening in the world and all investment implications for the markets which are still mostly running on the oil fumes. He is CEO of U.S. Global Investors and you can follow his blog here and his twitter feed here. Both are highly recommended.




Talking about Mining Alliance of Trust initiative, Frank Holmes is one of the most trusted voices of common sense, sources of wealth of analysis, amazing charts and education for the generation of investors who are looking to stand out of the herd running to the slaughterhouse and gather the real understanding how the global economy really works and what factors are really driving it. And Mr Market, as you already know, lives his very own life which can be detached from any economic fundamentals for years by playing his favourite game aimed at hurting as many amateurs investors as possible. Here where Mining Alliance of Trust can help us all - we have enough risks in this business - we must weed out all bad actors ourselves as the industry. Every single burnt investor matters - they are never coming back.




We have a huge disconnect in our progress of technology and the material base which is making every single gadget tick and all Tesla Energy rEVolution possible. We must build a new EcoSystem which will allow the financing of full mining cycle in the West or face the world where supply chains are controlled by government-sponsored oligopolies. And this is an extremely polite way of describing the cut-throat competition to control the bottlenecks for the supply of critical materials like lithium for example. We need new ideas about how to connect available capital with entrepreneurs who are building our Green Future possible for all. Join our discussion about Blockchain Technology and the importance of Trust for the future of mining and energy.




The copper market is much more diversified than lithium one and China has not got all keys to the global supply yet, but make no mistake - smart money is buying all the best mining projects. Now, after bankers have been driving their Teslas for a few months, they are all getting the idea that electric cars are not just a fad, but this is the future of transport which is coming much faster than a lot of people are anticipating it. Frank provides great insights into this new excitement for the sector and what is driving the people who are making mining possible.




On our front of building the Green Energy Metals Energy Company, TNR Gold Team has delivered a few very important results already in 2019 after announcing our Strategic Initiatives: we have the very strong alliance with all our major shareholders. Our long-term investment loan was extended for another 3 years in order to allow the further growth of valuation for our existing Royalty Portfolio and active exploration of the new M&A opportunities. Our long-standing financing partner who is providing us capital is supporting our vision, strategic initiatives and the most important, our TNR Gold management Team. Strategic Controlling and active management of our investment portfolio have allowed us to announce the repayment in full of ILC Debenture earlier in February and now we are ready to move forward building our Company for the benefit of all shareholders.




This is where our business model comes into play. It is very important to mention that we do not need to contribute any CAPEX for our Royalty Holdings in Copper and Lithium. Mariana Lithium is being developed by Ganfeng Lithium - one of the major lithium companies from China. And legendary Rob McEwen is taking very good care of the future for the giant Los Azules copper project in Argentina. You can find more information about our NSR Royalty Holdings on the links below and Frank Holmes will connect the dots for you and explain why Red metal is going Green during the Tesla Energy rEVolution.





Tesla rEVolution And The End Of The ICE Age: Welcome A Golden Age For Copper - GEM Royalty TNR Gold Copper Presentation.






"I am very pleased that the TNR Gold team has the full support of the Company's investment loan capital provider who is supporting our business plan and long-term strategic initiatives," commented Kirill Klip, Executive Chairman of TNR. "It is clear that the decision of our investment loan capital provider is a resounding show of confidence in TNR Gold's long-term business strategy, asset portfolio and management team. Now we can concentrate our efforts on building this green energy metals royalty company by maximizing the value of our royalty portfolio of copper and lithium projects that are instrumental in the electric vehicle and green energy sectors, investigating new strategic acquisitions, and development of the Shotgun Gold project in Alaska. The essence of our business model is to have industry leaders like McEwen Mining and Ganfeng Lithium as operators on the projects that will potentially generate royalty cash flows to contribute and develop significant long-term value for our shareholders."



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Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.