Tuesday, 1 May 2018

GEM Royalty Co.: TNR Gold Shotgun Gold - Barrick, NovaGold Project In Alaska Gets Key Environmental Approval.



It is time to detox from lithium-induced intoxication. Clean Energy, as all High Tech, must always be done in a "clean room" environment and first of all with Clean Hands. As Warren Buffett has brilliantly put it: "never good business can be done with bad people." Protecting shareholders' value is always the most important and will be my focus and priority. It must be one of the core values for anyone who is entrusted with other people money.




While I am not happy with the changes to the management of International Lithium Corp., I have chosen to remain a director, debtholder and shareholder of ILC. My unlawful dismissal and other possible claims will be addressed in a due time. As a director, I will continue to fight for those things which are in the best interests of ILC and will always be taking actions that support ILC and its shareholders. Management knows that it cannot take any actions about financings or properties without my scrutiny as a director and as a Board member I was dissenting and will dissent to any activity that is not in ILC's best interests.
Talking about Solid Values, another GEM asset which is at the core of GEM Royalty Co. portfolio held by TNR Gold is coming into play in the fast-moving geopolitical situation in the world. Gold. Gold is the Money and will always be. Development of another 1,000 "sure crypto plays" after bitcoin will finally point to the right and very simple question: how limited is the offer of all these scarcity-induced smoke-based Cryptocurrencies? 

$21 Trillion in US Debt and growing is showing the best uptrend line in the human history and will propel Gold to the proper level reflecting its fundamentals. The continued trend of extracting Gold Holdings from US FED and moving them back home by various countries is not in the headlines now, but the game of musical chairs is going faster with every new ton of Gold accumulated by China and Russia. This Gold is literally going out of circulation reducing the already needle-thin and very sharp base of the inverted pyramid supporting the financial system. 





Let's hope that banksters will continue to be creative and painful experience of the global recalibration of the World's financial system will still be an experience for all of us - mutual annihilation in the "designed to be just a small war for distraction" will be avoided.

Alaska is coming back in play as the best jurisdiction for the elephant style Gold deposits on the American soil. Barrick and Nova Gold are moving forward the giant Donlin Gold deposit and now the whole region play will bring the reevaluation for all players involved. 

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.

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 Shotgun Gold Project: Gold In Alaskan Elephant Country - NovaGold And Barrick Hit 130.5m At 5.93g/t Gold.






This major Gold discovery in Alaska by NovaGold and Barrick Gold will not only put Alaska back on the radar screens of gold bugs and investors but can bring the long-expected turn around for the whole sector of gold mining and exploration companies.


Mining News:

TNR LOOKING TO JV SHOTGUN GOLD PROPERTY

"TNR Gold Corp. Feb. 2 said it is seeking a major gold mining company to become a joint venture partner on its Shotgun gold project in Alaska. 
Located about 110 miles of Donlin Gold and about the same distance northeast of Pebble, this property lies at the intersection of two trends known to host big deposits. 
TNR optioned Shotgun from Novagold Resources Inc. in 2002 and gained full ownership of..."








Gold In Alaskan Elephant Country: TNR Gold Shotgun Gold Project, Alaska.


Mineralization described on the Shotgun Gold project shares several key similarities both in timing and style of mineralization with that of the Donlin Gold project as well as other reduced intrusion-related gold systems within the Kuskokwim Gold Belt, which is included in the prolific Tintina Gold Province.

One of the founders of NovaGold Greg Johnson is on the Board of TNR Gold. We are working on attracting one of the major gold mining companies as our partner to develop Shotgun Gold.

Shotgun Gold


Property Geology

Mineralization described on the Shotgun Gold project shares several key similarities both in timing and style of mineralization with that of the Donlin Gold project as well as other reduced intrusion-related gold systems within the Kuskokwim Gold Belt, which is included in the prolific Tintina Gold Province.

One of the founders of NovaGold Greg Johnson is on the Board of TNR Gold. We are working on attracting one of the major gold mining companies as our partner to develop Shotgun Gold.






Mineral Resources

TNR commissioned GeoVector Management Inc. (“GeoVetor”) to produce a resource estimate on the Property in 2013. Geovector 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 22nd, 2013 and filed on SEDAR).

The main target at Shotgun is an intrusion-related gold system within the western extent of the Tintina gold province, Alaska.

We are looking for a strategic partner to advance this project. Alaska is back to business now, projects are moving forward and gold price above $1,300 will make our phone red-hot again.  There is already a substantial interest from financial institutions to Shogun Gold project.

Our new presentations are published on all our projects and you can find them on TNR Gold website.






TNR Gold CEO On Building A Green Energy Metals Royalty Company.




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.






Please Note that TNR Gold Qualified Person - as it is defined by NI 43-101, was NOT able to Verify and Confirm Any Provided Information by The Third Parties in the Articles, News Releases or on the Links embedded in this post; you must NOT rely in any sense on any of this information in order to make any Resource or Value Calculation, or attribute any particular Value or Price Target to any Discussed Securities.



I will start with three very important numbers: 


Copper demand for Electric Cars should accelerate 9 fold from 185,000 metric tons today to an estimated 1.74 million tonnes in 2027.

$127 million dollars is the undiscounted cash flow of Royalty, which can be paid potentially to TNR Gold over 36 years of Life of Mine at Los Azules Copper project in Argentina which is operated by the legendary Rob McEwen.

TNR Gold is plugged-In into Energy rEVolution. Everything started with my investment in Royal Gold - gold Royalty company, I was buying it at $5 when gold was at 300 and was very happy selling it a few years later above $70. I would like to do the same in the energy space now with Green Energy Metals: Lithium and CopperRead more.


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.

Please Note that TNR Gold Qualified Person - as it is defined by NI 43-101, was NOT able to Verify and Confirm Any Provided Information by The Third Parties in the Articles, News Releases or on the Links embedded in this post; you must NOT rely in any sense on any of this information in order to make any Resource or Value Calculation, or attribute any particular Value or Price Target to any Discussed Securities.


Mining.com:

Barrick, NovaGold project in Alaska gets key environmental approval





"Barrick Gold (TSX, NYSE:ABX) and NovaGold Resources’ (TSX, NYSE-MKT: NG) proposed gold mine in Alaska has received a long-waited final environmental clearance, granted by the U.S. Army Corps of Engineers, the Canadian miners said Monday.
The Dolin project, one of the world’s largest, highest grade, known gold deposits, is expected to require a $6.7 billion investment from the two owners, which are developing in assets in a 50-50 partnership.
Located in in Southwest Alaska, the proposed mine contains 39 million ounces of gold in the measured and indicated (M&I) resource categories.
While Donlin is located in a safe jurisdiction, which also happens to be the second largest gold producing state in the US, the land belongs to The Kuskokwim Corp., a for-profit corporation representing 10 villages.  The mineral rights, in turn, are held by Calista Corp., the Alaska Native corporation for the Yukon-Kuskokwim region.
“The publication of the final EIS is an important milestone for Donlin Gold and reflects a high degree of professionalism and teamwork by the entire project team,” Barrick President Kelvin Dushnisky said in the statement.
“[It] is a major step forward in unlocking the enormous value of our uniquely attractive gold asset,” added Greg Lang, NOVAGOLD’s President and CEO.
When and if the mine is built, Calista would share 70% of its royalty revenues with other Alaska Native regional and village corporations.
Bringing the project to production is expected to take about four years, but Donlin still has a long way to go in the permitting process before construction and operations can begin."