Friday 29 March 2019

TNR Gold Shotgun Project: Gold In The Alaskan Elephant Country - Alaska's Donlin Gold Project Receives Crucial Permits




Gold In The Alaskan Elephant Country: Kirill Klip On TNR Gold’s Shotgun Gold Project In 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."





Why More Gold M&A Is Coming: GEM Royalty TNR Gold Presentation - Gold In Alaskan Elephant Country.





Barrick Gold is developing together with NovaGold 40MOZ giant Donlin Gold in Alaska - "arguably the most important Gold project in the world." So where will you be looking for the elephants? Maybe in the Alaskan Elephant Country. Barrick Gold received crucial permits to advance Donlin Gold last week and now this story will be getting more and more interesting.



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.






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.





The Heartland Institute:

ALASKA’S DONLIN GOLD PROJECT RECEIVES CRUCIAL PERMITS

MARCH 21, 2019
By Duggan Flanakin
The Donlin Gold project, a joint venture of Novagold Resources Alaska Inc. and Barrick Gold US Inc., is closer to becoming a reality with the state of Alaska having issued two critical permits.
The Donlin Gold project, a joint venture of Novagold Resources Alaska Inc. and Barrick Gold US Inc., is closer to becoming a reality with the state of Alaska having issued two critical permits.
The proposed mine, which is estimated to hold 39 million ounces of gold, is in the Yukon Kuskokwim region of Alaska, 280 miles west of Anchorage. The mine is expected to have an operational life of at least 27 years.
Waste Treatment, Site Recovery
The Alaska Department of Environmental Conservation approved Donlin’s waste management permit detailing how solid, liquid, and hazardous waste from mining operations will be handled. In addition, Alaska’s Department of Natural Resources (DNR) approved the mine’s reclamation permit specifying the steps its owners must take to restore the site after the mine closes.
As a requirement of its permits, Donlin guarantees to reclaim and provide long-term care and maintenance of the mine site, including water management and treatment. Donlin’s owners will also provide a $322 million bond to cover site reclamation and water management and treatment.
Unique Wetland Agreement
Donlin’s principals also agreed to protect wetlands owned by the Alaska Mental Health Trust Authority in the Cook Inlet area, to satisfy a requirement the companies offset the acreage the mine would occupy. The proposed mine would disturb about 2,800 acres of southwest Alaska wetlands, and the agreement would provide offsets for about 2,000 acres.
The wetlands agreement, according to Alaska’s Energy Desk, is the first of its kind for the Health Trust Authority and requires Donlin Gold to pay $200,000 to the trust, plus additional payments each year for 10 years while the companies decide whether to proceed. Once operations begin, Donlin Gold will pay another $1.3 million to the trust to preserve the 2,000 acres for 99 years.
Before beginning operations, Donlin still has to secure infrastructure permits for temporary roads, fiber optic lines, and pipelines to carry fuel, likely natural gas, to the project. The project must also obtain rights of way, water rights and temporary water use authorizations, and a dam safety certificate.
Public Benefits of Gold Mining
With current spot gold prices hovering above $1,300 per ounce, the project could yield gold worth more than $50 billion during its lifetime. Two other Alaska gold mining operations—the Fort Knox gold mine north of Fairbanks and the Pogo gold mine near Delta Junction—are currently providing high-paying jobs for Alaska residents.
Alaska Policy Forum Director of Operations Larry Barsukoff says jobs and revenues from the Donlin Gold project would bolster the local and state economies.
“The Donlin project represents a tremendous economic opportunity for the residents of the Yukon Kuskokwim area,” Barsukoff said. “The Alaska Policy Forum supports responsible development of natural resources, is excited to see the project move through the permitting process, and looks forward to work starting in the near future.”
Duggan Flanakin (dflanakin@gmail.comwrites from Austin, Texas.

Monday 25 March 2019

Gold In The Alaskan Elephant Country: Kirill Klip On TNR Gold’s Shotgun Gold Project In 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."




Why More Gold M&A Is Coming: GEM Royalty TNR Gold Presentation - Gold In Alaskan Elephant Country.




Barrick Gold is developing together with NovaGold 40MOZ giant Donlin Gold in Alaska - "arguably the most important Gold project in the world." So where will you be looking for the elephants? Maybe in the Alaskan Elephant Country. Barrick Gold received crucial permits to advance Donlin Gold last week and now this story will be getting more and more interesting.




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.



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 20 March 2019

Tesla Model S Was An Earthquake For The Auto Industry, Model 3 Became The Tsunami, Tesla Model Y Will Destroy The ICE Age Completely.



Please make no mistake about the significance of what is happening right now and what Elon Musk has done for all of us with Tesla. Watch the history of Energy rEVolution unveiled. Tesla Model S was an earthquake for the auto industry, Model 3 became the Tsunami, Tesla  Model Y will destroy completely the brave idea that cars should be powered by controlled explosions under the hood with the enormous waste of energy and dire consequences not only for the happy riders but for the whole our planet as well.




A lot of people are asking me why I am talking here about The World Just Before The Internet? We are talking here about the disruption of $12 Trillion industries of transportation and energy. We are just in the dial-up stage of this Energy rEVolution, but we are not going back and electric cars are here to stay.




Do you remember the time before the Internet? Electrification of our energy and transportation will bring even more dramatic tectonic shift to all our society. Internet decentralised Information, Tesla rEVolution is decentralising Energy, next will be decentralisation of Capital with Blockchain Technology and Crypto Universe.




Investors should look carefully at the exponential growth of sales of electric cars. Tesla rEVolution will be The Switch when literally millions of people will be switching to electric cars. The whole industries will be wiped out. Trillions of dollars in stranded assets will be the monument to the ICE Age. All fleet of cars will be electric. Do not stay behind, every revolution claims its victims, check out your portfolios, Lady and Gentlemen.




We live in The ICE Age when unthinkable just yesterday became The New Norm when dirty politicians are still pushing "Clean Coal" and "Clean DIEsel". This is what Elon Musk has done for all of us - now we have the choice, we can vote with our wallets - we can buy electric cars which are the best cars in class and price range which just happen to be electric. Thank you, Elon Musk!




Talking about our aspirations, we are back on the ATP circuit with our TNR Gold Team and building The Green Energy Metals Royalty Company. On the links on this blog, you can find more information about Tesla Energy rEvolution, the geopolitical shift of the Energy Security and why the security of supply for Lithium and Copper became the critical issue for the disruption of $12 Trillion industries of energy and transportation.  




Our GEM Royalty launch at PDAC 2019 this year has brought us new investors and partners and I would like to welcome them all today. Join the rEVolution - we are all in the same boat and are flying very fast on our planet Earth through time and space. Make that time matter. Thank you TNR Gold Team! Stay strong.





Tesla rEVolution, China's New Energy Plan And The Most Important Charts For All Electric Cars.





Tom Randall brilliantly paints a picture of the "Tesla's Life After Hell" and Elon Musk's struggles with the demons and, this is not a secret, some of them he has summoned himself. But I definitely would like to point out that in my very own personal opinion "mass media" is not helping us all to make the life-saving transition from the ICE Age fueled by dirty Oil. And it only proves the very unfortunate fact that journalism is dying out as a Class, meaning the Style, Dignity and ability to handle the truth. But maybe it is too much to ask these days from anybody? "Mass media" is not educating, debating and reporting facts anymore, but rather salivating on hatred and reflecting the masses with a very low bar click-baiting skills. Tom Randall is standing out from all that "bought by the dozens at discounted pre-paid price" filthy crowd and you should enjoy his articles and charts on the links below.




Apart from defending Elon Musk who has changed the world already and now is making Electric Cars affordable for all of us, I would like to discuss a few more charts painting the picture for the future battles after these brave Trade Wars will be gone from the headlines, unfortunately, with a few trillions of dollars in market capitalisation worldwide which will be lost forever. The chart above is the most important one for all makers of electric cars. Tesla has demonstrated that Lithium Battery prices can drop faster than projected before. We have discussed the importance of it already. Elon Musk was talking last year that lithium cells will become cheaper than $100 per KWh by this year and price for lithium battery packs will follow by 2020. It can happen to be "Elon's Time", but this progress should not be underestimated. We are getting closer to my 20 /200 formula for the EVs mass market when $20k buys you BMW 2 style electric car with 200 miles range.


The following few charts will continue our discussion about the fact that Security of Lithium Supply is everything for Tesla rEVolution. After breaking ground in Shanghai for Tesla Gigafactory 3 yesterday these sobering facts are more than timely in order not to lose the Big Picture. Elon Musk and Tesla will face the military machine "Made in China" competing for the supply chains in the Post Carbon Economy. Smart money controls bottlenecks. We are talking about Energy Security here, Life After Oil and Electrification. Disruption of $12 Trillion Energy and Transportation depends on $3B Lithium market.



China has implemented many years ago New Energy Plan with the state-level approach and military discipline in execution. Today we can see the results. China controls the supply of lithium chemicals, very fast becomes the dominant force in Lithium Batteries and its "1000" automakers are striving to build electric cars almost all at once. Coming Tesla Gigafactory can provide the lacking best technology for the total domination of EV space. China is making another "leap forward" straight into the Post Carbon Economy with Solar, Wind and Electric Cars.




China's leadership in this transition is very positive for all humankind as it will not allow fighting Tesla and citizens' right for the clean air with the brave ideas about "Clean Coal" and "Clean DIEsel" anymore. But recent Trade Wars and following market's panic attacks which brought us very fast to the near recession sobering thoughts are raising the very important questions. What will happen if China will use its "soft power" and control of the supply chains in the Tesla Energy rEVolution? Will China build a green energy future for us? Lithium industry is already learning Mandarin and praying for deals with China. Now we can all start praying for mercy.




In all this upbeat conversation about economic development, long-term goals and strategic planning we can not waste our time waiting for the leadership from our wise tribal leaders who are fighting for us on the Bubble TV. We continue to work in order to find our own way how to cross the digital divide and finance Tesla rEVolution. We are facing Oligopoly controlling lithium supply and can be facing Monopoly after more brave Trade Wars.



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.