Friday, 30 July 2021

Powered By Tesla Energy rEVolution: TNR Gold Los Azules Copper NSR Royalty Holding With McEwen Mining Presentation.



I am very pleased to see this very exciting and significant development for the Los Azules Copper Project and personal support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encouraging to see the personal commitment from Rob McEwen to advance the rapid development of this giant copper, gold and silver deposit in an appropriate corporate structure which will allow financing and further development of the Los Azules Copper Project.

TNR Gold holds a 0.36% NSR royalty on the entire Los Azules project containing copper, gold and silver metals. TNR Gold does not have to contribute any capital for the development of the Los Azules Copper Project. The essence of our business model is to have industry leaders like McEwen Mining as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.”

 




Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blogs. Always consult a qualified financial adviser before any investment decisions. 
Do Your Own Research.




Building The Green Energy Metals Royalty And Gold Company: TNR Gold Announces McEwen Copper $80 Million Private Placement To Advance The Los Azules Copper, Gold And Silver Project.



 I am very pleased to see this very exciting and significant development for the Los Azules Copper Project and personal support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encouraging to see the personal commitment from Rob McEwen to advance the rapid development of this giant copper, gold and silver deposit in an appropriate corporate structure which will allow financing and further development of the Los Azules Copper Project.



TNR Gold holds a 0.36% NSR royalty on the entire Los Azules project containing copper, gold and silver metals. TNR Gold does not have to contribute any capital for the development of the Los Azules Copper Project. The essence of our business model is to have industry leaders like McEwen Mining as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.”




TNR Gold:

NEWS RELEASE

TNR Gold Announces McEwen Copper $80 Million Private Placement to Advance the Los Azules Copper Project

Vancouver, British Columbia – July 8, 2021: TNR Gold Corp. (TSX-V: TNR) (“TNR”, “TNR Gold” or the “Company”) is pleased to announce that McEwen Mining Inc. (TSX: MUX) (“McEwen”) has created McEwen Copper Inc. and is organizing a private placement (the “Offering”) of up to US$80 million as announced its news release dated July 6, 2021.

McEwen Copper intends to pursue an initial public listing within 12 months from the closing of the Offering. Proceeds from the Offering will be used exclusively by McEwen Copper to advance the Los Azules Copper Project to a pre-feasibility study, to construct a new year-round access road to the project, carry out exploration drilling at Los Azules, and to complete environmental permitting and community relations.



Rob McEwen, McEwen’s Chairman and Chief Owner stated, “This is a significant and exciting moment for McEwen Mining because of the value it should release. Currently, the market appears to be giving us little value for our Los Azules copper deposit, despite its impressive size and robust economics at present copper prices. Unfortunately, the scale of the required project development expenditures would require McEwen Mining to issue a massive number of additional shares. This share dilution would not be acceptable. 


McEwen Mining AGM Presentation

However, we believe that by putting our copper assets, Los Azules and Elder Creek, into a separately listed company exclusively focused on copper, we can create an attractive copper investment vehicle. It will allow us to raise the money necessary to fund progress towards the rapid development of one of the world’s largest copper resources. 


McEwen Mining AGM Presentation

We expect that McEwen Copper will compare very favorably to other single-asset copper developers. Within 12 months of closing this Offering we plan to take the company public. In the interim, we will be investigating ways to make a share distribution to you, MUX shareowners, of a portion of McEwen Mining’s holdings of McEwen Copper in a tax-efficient way.”


McEwen Mining AGM Presentation

The Los Azules Copper Project is an advanced large-scale porphyry copper exploration project located in the prolific Andean Cordillera copper belt, 56 miles (90 km) north of Glencore’s El Pachón project and near the border with Chile. In 2017, McEwen Mining completed a positive Preliminary Economic Assessment (PEA) on the project, as announced by TNR Gold on November 2, 2017.



“I am very pleased to see this very exciting and significant development for the Los Azules Copper Project and personal support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encouraging to see the personal commitment from Rob McEwen to advance the rapid development of this giant copper, gold and silver deposit in an appropriate corporate structure which will allow financing and further development of the Los Azules Copper Project.



TNR Gold holds a 0.36% NSR royalty on the entire Los Azules project containing copper, gold and silver metals. TNR Gold does not have to contribute any capital for the development of the Los Azules Copper Project. The essence of our business model is to have industry leaders like McEwen Mining as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.”



ABOUT TNR GOLD CORP.

TNR Gold Corp. is working to become the green energy metals royalty and gold company.

Over the past twenty-five 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, silver 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. TNR relies on the confirmation of its ownership for mining claims from the appropriate government agencies when paying rental payments for such mining claims requested by these agencies. There could be a risk in the future of the changing internal policies of such government agencies or risk related to the third parties challenging in the future the ownership of such mining claims. 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."





TNR Gold Royalty Holding On Los Azules Copper, Gold & Silver Project With McEwen Mining: "MUX Creates McEwen Copper Which Announces $80 Million Series B Private Placement To Advance The Los Azules Copper Project."





And now we have another great news for TNR Gold shareholders and proud people of Argentina! This news is a very nice second booster for our GEM Royalty Portfolio after Ganfeng Lithium's announcement about their plan to invest US$600 million in Mariana Lithium Project - TNR Gold Lithium Royalty Holding.

We extend our congratulations to Rob McEwen and all his Team! It is a long journey, but giant mining deposits like Los Azules Copper, Gold and Silver Project deserve the best treatment. You must be ready and have the timing right to earn respect from ruthless and brutal Mr Market. 

Now Rob McEwen is doing exactly what is required for Los Azules. He is putting the best structure, his personal support and a very nice corporate governance treatment to this GEM to make the best diamond which will shine very bright on its way of building Argentina into the Power House of Energy rEVolution. The proud people of Argentina are ready to build this new chapter for their beautiful country. 

Judging by the treatment of Ganfeng Lithium's plans for Mariana Lithium and granted "green light to go" in the record time, the Government of Argentina is ready as well to address its economy in the most productive, practical and efficient way in order to attract investments and the best companies to build these industries for the 21st century.

Today, Mr Goldcorp. Rob McEwen is moving the giant Los Azules Copper, Gold and Silver project on the fast lane of development to feed Energy rEVolution. TNR Gold is plugged into this electric future with our NSR Royalty Holding on the entire Los Azules Project:




Thursday, 29 July 2021

Gold In The USA, The Alaskan Elephant Country: TNR Gold Shotgun Gold Project Presentation.


My belief is TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin.  

Kirill Klip, Executive Chairman

TNR Gold Corp.






Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blogs. Always consult a qualified financial adviser before any investment decisions. 
Do Your Own Research.



We extend our congratulations today to our TNR Gold shareholder - NovaGold and Barrick Gold - their JV partner on the giant Donlin Gold Project. Alaska's DEC commissioner supports key approval for the proposed Donlin Gold mine:


 

"JUNEAU — A proposed gold mine in Western Alaska has won a key approval, with a state official rejecting an administrative law judge’s findings that the state Department of Environmental Conservation lacked “reasonable assurance” the project would meet Alaska water quality standards.

Department Commissioner Jason Brune, in a decision Thursday, defended the analyses done by the department’s Division of Water and upheld its issuance of a so-called certificate of reasonable assurance for the Donlin Gold project. Brune said the issuance was supported by “a reasonable basis in law and substantial evidence in the record.” Anchorage Daily News.

 


On the back of this news, it is time for us to discuss our own relationship with developing Donlin Gold Mining Camp and my own personal vision of how the Donlin Gold project can potentially grow into a 50 million-plus oz Au resource project and become a major Gold Mining Camp in the world based on the U.S. soil. 


Dr Tim Baker

How is this relevant, what is the relationship between Donlin and Shotgun Gold? My belief is TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin. 



I am the largest shareholder of TNR Gold, so my personal visions must be followed by your own research, including reading all legal disclaimers. There is no investment advice on my blog or any social media feeds and you should always consult a qualified investment adviser before making any investment decisions. 


Dr Tim Baker

All visions, all great paths forward should be supported by solid science and Dr Tim Baker provides us today with sober scientific observations from his studies about the "Major Porphyry Intrusion-Related Gold Deposits" in the world. What follows is my attempt to translate the high-level geological and geochemical data collected by Dr Baker after studying for many years "Major Porphyry Granite Related Gold Deposits" in the world including Shotgun Gold into a few digestible ideas. 


Dr Tim Baker

How are these "Elephants" - the giant porphyry Gold deposits - formed? Where should you look for these "Elephants"? And why a found "trunk of an Elephant" which snakes up all the way to the surface in Alaska, can leave many geologists awake at night at the right time of the Gold Cycle? 



Stubbornly rising Gold prices are great seasoning for great projects nestled in safe, ready to grow mining jurisdictions like Alaska. Rising Gold price is what allows us, after all this time, finally move from the preparation stage and into action. Shotgun Gold Project is already part of academic research and scientific papers, now we are moving forward with our strategy to make its development the part of Gold industry studies to unlock its full potential. 



Our preparations are set for this golden opportunity. We have the academic research and inferred resource has been already defined in produced Shotgun Gold NI 43-101 Technical Report. Gold Bull market finally brought us a favourable environment in which Eric Sprott doubles his "mental valuations" from $50 to $100 per oz Au in the ground. Barrick Gold warns of supply crisis and calls for consolidation, while VanEck International Investors Fund calls gold mining stocks "undervalued based on the statistical norm of share prices to cash flow … at a time when producers are on their best financial footing in recent history".



We all remember the very brave super-smart short-sellers that were so worried about losing a lot of money in this Gold Bull market that they produced a company-killer report about NovaGold which made many other investors worry about Donlin Gold, especially in regards to its economic viability and Barrick Gold's plans for this JV project with NovaGold. Thomas Kaplan came out with all guns blazing, sued the super-smart FUD producers and made the best move that can happen in the mining industry. Amid worldwide pandemic, NovaGold Donlin Gold Team conducted 23,400m in 85 holes of the largest since 2008 drilling campaign on the project.


NovaGold NR October 26, 2020.


CEO Mark Bristow has confirmed that Donlin Gold is a key project for Barrick Gold. Now the project will grow further, an updated model and a new resource estimation are expected. Drilling intersections are spectacular with high-grade sections of 4.17m grading 80.6 g/t Gold starting at 123.48 drilled depth, including a subinterval of 3.15m grading 106.2 g/t gold starting at 124.5m drilled depth. Drill hole DC20-1872 was drilled to the depth of 632.8m and a Gold mineralisation intersection of 6m was found from 603.23m to 609.23m grading 2.33 g/t. Now you can better understand why I am talking about the potential development of the Donlin Gold project into 50 million-plus oz Au resources to become one of the largest Gold Mining Camps in the world based on U.S. soil. 



NovaGold NR October 26, 2020.

It is important to mention here that TNR' Shotgun Gold Project is a Porphyry Gold system as well, with a similar geo signature as Donlin Gold. 


Dr Tim Baker

"Shotgun Gold is a multiphase intrusion-related system associated with  69.7 Ma magmatism, tying Shotgun Gold to a widespread magmatic Gold mineralising event including the 70 Ma Donlin Gold project. Mineralisation and magmatism at Shotgun Gold resemble Donlin Gold and other deposits in the area where regional structures focus the first order emplacement of magmas, and local structures control mineralisation at the deposit scale." 


 

Shotgun Gold has seen very limited drilling of a total 7,000m. "Mineral resource is located from surface to a depth of 150m. The resource is located on a ridge forming a topographic high. Mineralisation appears to be uniform with little-to-no "nugget effect".


 

All Shotgun Gold inferred resource of 705,960 oz Au was defined at the Shotgun Ridge. "Mineralisation appears to be open at depth and along strike. Mineralisation from some drill holes was not included in the resource model. It can add additional resources with future drilling."



The next slide demonstrates very well the concept of an "Elephant and its trunk" which may be leading to "a hiding in the ground Elephant" when you study "Depth-fluids Models For IRGS" presented by Dr Tim Baker and TNR's Shotgun Gold exploration studies combining drilling results and 3D chargebility model.

 


All Shotgun Gold resource was defined just in one target at Shotgun Ridge. "Shotgun Ridge has untested structural intersections that may host significant Gold deposits. If the IP method is showing mineralization as interpreted, then the potential exists to expand the near-surface mineral resource in close proximity to the existing resource."



"Geology supports the target model. Only one of 5 targets is tested to date. 705,960 oz Au defined in one target with less than 5,000m drilling. Deposit is open at depth and along strike."



"Shotgun Ridge alone shows potential to host multiple, closely spaced gold deposits." 


TNR Gold Shotgun Gold Project is located 190 km south of Donlin Gold and I personally believe that we are very well positioned now with our development strategy. This approach becomes particularly interesting after recent M&A activities by Kinross Gold. TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. 


"Today we have Peak Gold Supply in the spotlight again. Majors have to buy new Gold projects in order to replenish their resources in the pipeline for development. Kinross Gold is acquiring 70% of the Peak Gold project and putting all our Shotgun Gold development Story into the new light of potential developments now:

"CALGARY - Kinross Gold Corp. is moving to secure additional supply for its Alaska gold operations by buying a controlling interest in the Peak Gold project from Royal Gold, Inc., and Contango Ore, Inc., for $125 million.

Toronto-based Kinross has agreed to pay Royal Gold about $66 million for its entire 40 per cent stake and $59.6 million for half of Contango's 60 per cent share, leaving Contango with a minority 30 per cent holding.

The miner says it plans to process ore from the open-pit Peak Gold mine at its existing Fort Knox mine, 400 kilometres to the northwest, to reduce costs and extend the life of the existing mill and infrastructure." BNN Bloomberg. 


Shotgun Gold Project is located 190 km south from Donlin Gold, where our shareholder NovaGold is developing this giant project together with Barrick Gold."

 


Higher Gold prices and rising demand are pushing all industry insiders to adjust their strategy, the whole mining districts can be built around the central, for particular mining camps facilities, like Kinross is doing now. M&A and consolidation of the resources in the satellite deposits around such existing and developing mining infrastructure centres have already started. Developing Donlin Gold Mining Camp provides a unique opportunity for TNR's Shotgun Gold Project to grow with further exploration and potentially become a part of one of the largest Gold Mining Camps on U.S. soil. Now it is time for you to make your own research and make your own conclusions, stay safe.




Wednesday, 28 July 2021

Powered By Gold And Tesla Energy rEVolution: TNR Gold Investor Presentation - Building The Green Energy Metals Royalty And Gold Company.


"All TNR Gold projects are getting, finally, the best headlines they deserve. 

Now Los Azules Copper and Mariana Lithium - the giant projects containing Copper, Gold, Silver and Lithium - are getting long due recognition by the major industry players. Ruthless and ignorant Mr Market will not be able to continue to ignore the potential value of our NSR Royalty Holdings in these giant projects for much longer. 

The magnitude of these giants speaks for themselves. The mining industry recognises the strength and staying power of our Partners: Ganfeng Lithium and Rob McEwen - and you can, finally, put some very exciting numbers after your own research and calculate potential valuations reflecting all announced future developments. 

Shotgun Gold is fully packaged and ready to shine with Gold prices confirming the obvious for all our shareholders: every transition like The Switch & rEVolution brings the stress test to the core of the operating status quo system.  

Gold becomes the ultimate hedge - Solid Values During Uncertain Times."

Kirill Klip, Executive Chairman

TNR Gold Corp. 






Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blogs. Always consult a qualified financial adviser before any investment decisions. 
Do Your Own Research.




Tesla Nikola rEVolution & Gold: Building The Green Energy Metals Royalty And Gold Company.



My dear Friends,

Thank you for all your best wishes, congratulations and support of our Company!

I would like to congratulate you as well. 

All TNR Gold projects are getting, finally, the best headlines they deserve. 

Now Los Azules Copper and Mariana Lithium - the giant projects containing Copper, Gold, Silver and Lithium - are getting long due recognition by the major industry players. Ruthless and ignorant Mr Market will not be able to continue to ignore the potential value of our NSR Royalty Holdings in these giant projects for much longer. 

The magnitude of these giants speaks for themselves. The mining industry recognises the strength and staying power of our Partners: Ganfeng Lithium and Rob McEwen - and you can, finally, put some very exciting numbers after your own research and calculate potential valuations reflecting all announced future developments. 

Shotgun Gold is fully packaged and ready to shine with Gold prices confirming the obvious for all our shareholders: every transition like The Switch & rEVolution brings the stress test to the core of the operating status quo system.  

Gold becomes the ultimate hedge - Solid Values During Uncertain Times. 

The great news from Alaska for our shareholder NovaGold and their partner Barrick Gold about the Donlin Gold Project opens the doors for the major Gold mining companies in the world to evaluate their best possible entry point into the potentially largest Gold Mining Camp on the US soil.

My job is to make it happen with TNR Gold participation in this one of the most exciting stories in the mining history for the great State of Alaska to the fullest extent possible. 

I am very pleased that our Team is enjoying the new level of recognition for our Royalty Portfolio in the mining industry. We are getting to a new level and Mr Market's attention will follow. 


Chart by NorthStar

Those who share my ideas and did their own research are enjoying probably the best entry point after the pandemic scare during this still stealth stage of our launch into the new orbit for most investors and before the wide recognition of our Story by other market participants.    

We are not just dreamers. We did it with Copper, Gold and Silver at Los Azules Copper with McEwen Mining. We did it with Lithium at Mariana Lithium with Ganfeng. Both projects are moving into the fast lane of development to feed The Switch and Electric rEVolution. 

We have turned the "Pandemic" chapter now.

Los Azules and Mariana Lithium are growing and moving forward. 

I would like to make it even better with Shotgun Gold for our Company. We do not need to make ten deals, we have to make just one deal that will be the best for our shareholders. We are talking here about Barrick Gold and NovaGold building the new potentially largest Gold mining camp on US soil. 

Now we are ready for this new chapter. 

I would like to welcome our new shareholders.

As usual, do your own research and stay safe. 

All information is available on the TNR Gold website, SEDAR and SEDI.

Here, on my blog, you can find my personal thoughts about our Company, ungrateful Mr Market and the very bright future ahead of us which we are building now.

Stay tuned, as I will be guiding Mr Market in the right direction when it is legally appropriate.

I believe in Energy. It makes life possible. I personally choose Clean and Green Energy to make life better.

The right frequency brings resonance.

Thank you.   

We are building The Green Energy Metals Royalty and Gold Company.

Tesla Nikola rEVolution & Gold.

TNR Gold Corp.

Stay safe.

KK.





Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blogs. Always consult a qualified financial adviser before any investment decisions. 
Do Your Own Research.




TNR Gold Royalty: Ganfeng Reports Increase Of Measured + Indicated Resource To 6.85 Million Tonnes LCE At Mariana Lithium Brine Project, Plans US$600 Million Investment To Build Approved 20,000 T/Y Production Capacity In Salta, Argentina.




Kirill Klip, Executive Chairman of the Company commented, “I am very pleased to see this 55% increase in measured and indicated resources after the previously announced in 2020 increase ​of more than 250% in measured and indicated resources from the 2017 resource estimate at Mariana Lithium Project. We extend our congratulations to Ganfeng on the successful approval of the Environmental Impact Report by the Salta regional government in Argentina and granted approvals for the construction of a plant with a designed annualized capacity of 20,000 tonnes per annum of lithium chloride.



We are very pleased to see that this new plan represents a 100% increase of previously planned lithium annual production rate presented in the Mariana Project preliminary economic assessment (“PEA”), announced in our news release of January 28, 2019. It was the first PEA on the project that provided a potential value for the total NSR Royalty from Mariana’s life of mine cashflow, which has now been very significantly increased.



We welcome the news from the Salta regional government disclosed in a news release following its discussions with Ganfeng that the likely project expenditure from now to bring the Mariana Project to full production is around US$600 million.



TNR Gold does not have to contribute any capital for the development of Mariana and our NSR Royalty does not depend on the size of ILC’s potentially diluted ownership in the Mariana Project. The 1.8% Mariana NSR Royalty is a very important part of TNR Gold’s portfolio. The essence of our business model is to have industry leaders like Ganfeng Lithium as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.”




Building The Green Energy Metals Royalty And Gold Company: TNR Gold Announces McEwen Copper $80 Million Private Placement To Advance The Los Azules Copper, Gold And Silver Project.





I am very pleased to see this very exciting and significant development for the Los Azules Copper Project and personal support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encouraging to see the personal commitment from Rob McEwen to advance the rapid development of this giant copper, gold and silver deposit in an appropriate corporate structure which will allow financing and further development of the Los Azules Copper Project.


TNR Gold holds a 0.36% NSR royalty on the entire Los Azules project containing copper, gold and silver metals. TNR Gold does not have to contribute any capital for the development of the Los Azules Copper Project. The essence of our business model is to have industry leaders like McEwen Mining as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.”



TNR Shotgun Gold In The Alaskan Elephant Country: "Alaska’s DEC Commissioner Supports Key Approval For Proposed Donlin Gold Mine".




We extend our congratulations today to our TNR Gold shareholder - NovaGold and Barrick Gold - their JV partner on the giant Donlin Gold Project. Alaska's DEC commissioner supports key approval for the proposed Donlin Gold mine:


 

"JUNEAU — A proposed gold mine in Western Alaska has won a key approval, with a state official rejecting an administrative law judge’s findings that the state Department of Environmental Conservation lacked “reasonable assurance” the project would meet Alaska water quality standards.

Department Commissioner Jason Brune, in a decision Thursday, defended the analyses done by the department’s Division of Water and upheld its issuance of a so-called certificate of reasonable assurance for the Donlin Gold project. Brune said the issuance was supported by “a reasonable basis in law and substantial evidence in the record.” Anchorage Daily News.