TNR GOLD CORP.
> The Green Energy Metals Royalty and Gold Company.
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.
Los Azules Copper Project* indicated resource: 10.2 B lbs copper, 1.7 Moz gold and 55.7 Moz silver with the additional inferred resource: 19.3 B lbs copper, 3.8 Moz gold and 135.4 Moz silver.
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 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 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.
Mariana Lithium Project** measured and indicated resource: 4,410,000 T of LCE and 49,700,000 T of potash with the additional inferred resource: 786,000 T of LCE and 9,260,000 T of potash.
(Updated Mariana Lithium Project measured and indicated resource: 6,854,000 T of LCE with the additional inferred resource: 1,267,000 T of LCE – Company news release, July 14, 2021)
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.
Shotgun Gold Project*** inferred resource: 705,960 ounces Au at 1.06 g/t, mineralization appears to be open at depth and along the strike.
The Company’s strategy with the 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, and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value.
* “NI 43-101 Technical Report – Preliminary Economic Assessment Update for the Los Azules Project, Argentina” dated October 16, 2017. Prepared by Hatch for McEwen Mining.
** “NI 43-101 Technical Report Update of Lithium Brine Mineral Resources; Mariana Project, Salar de Llullaillaco, Argentina” dated January 12, 2020. Prepared by Geos for Ganfeng Lithium.
*** “NI 43-101 Technical Report on the Shotgun Gold Project, Southwest Alaska” dated May 27, 2013. Prepared by Nicholas Wyck and Allan Armitage for TNR Gold.
TNR Gold NSR Royalty Holding: "Celebration Of Pachamama" - Ganfeng Lithium Rolls Out US$600M Investment Plan, Increases Its Stake In Mariana Lithium Over 91.3%.
We extend our congratulations today to Ganfeng Lithium - Mariana Lithium Project is moving fast forward in Argentina:
"Last week in Mariana, our employees held a celebration of Pachamama, and the ritual is to thank the earth for all of what we receive from it. We always care about environmental protection and sustainability, and this local tradition embodies the ideas that we respect"
Ganfeng Lithium September 3, 2021
"Ganfeng is increasing its pace of investment in this giant Lithium Brine project quite dramatically. Ganfeng Lithium's JV partner reported in Canada that their stake has been diluted already to just 8.7% share left in Mariana Lithium JV (August 30, 2021)."
"Now investors should be very careful and selective in order not to miss this opportunity and separate the real Lithium companies from the companies with lithium left in their name only. Be very careful chasing your Dragons in the Pump and Dump stocks, with insiders Dumping into the Pumps and diluting all other shareholders with their pyramids of convertible loans. Think twice, if MD&A and financials of the junior mining company look like a statement of an overleveraged hedge fund run by the banksters and you can hardly understand anything."
"Our Mariana Lithium - giant Lithium Brine Project in Salta, Argentina - is growing even larger. We have just celebrated another increase of 55% in Mariana Lithium resource which is coming on top of the previously announced more than 250% increase in 2020!"
TNR Gold NSR Royalty Holding: Ganfeng Lithium Rolls Out US$600M Investment Plan, Increases Its Stake In Mariana Lithium to 91.3%.
We have another set of great public news for TNR Gold NSR Royalty Holding on the Mariana Lithium Project to share with you today. Ganfeng Lithium is recharging all Lithium Universe, making record revenues, profits and hitting new all-time highs with a market cap above US$41 Billion.
Ganfeng LIthium is very busy after raising US$630M dollars this summer. They are building a new 50,000 T LCE annual production facility in China and investing in the upstream Lithium raw materials resource base all over the world.
Access to secure supply lines of strategic metals like Lithium and Copper will define the success of the nations in the brave new world in the 21st century. Tesla's Lithium supply lines are still going all over the world and straight back to China.
Our Mariana Lithium - giant Lithium Brine Project in Salta, Argentina - is growing even larger. We have just celebrated another increase of 55% in Mariana Lithium resource which is coming on top of the previously announced more than 250% increase in 2020!
Now Ganfeng Lithium Interim Report 2021 and the new September presentation provide us with more information on the recent developments and future plans. The most important for us is that US$600M Investment Plan for Mariana Lithium is moving fast forward.
Ganfeng is increasing its pace of investment in this giant Lithium Brine project quite dramatically. Ganfeng Lithium's JV partner reported in Canada that their stake has been diluted already to just 8.7% share left in Mariana Lithium JV (August 30, 2021).
The project is moving forward towards construction following the grant of approval for the "Environmental Impact Report" for 20,000 T of LCE Lithium Chloride production annually.
We should take notice, that the Ganfeng Lithium September presentation is talking now about this 20,000 T of LCE annual production plan as "Phase 1". This phase of development is already double the size of the previously estimated by PEA annual production of 10,000 T of LCE. Now you can better understand Alastair Ford's article and industry estimations about the potential valuations for TNR Gold NSR Royalty Holding on Mariana Lithium Project.
TNR Gold is plugged into Tesla Energy rEVolution with our NSR Royalty Holdings on Mariana Lithium Project under Ganfeng Lithium management and Los Azules Copper, Gold and Silver Project with McEwen Mining. The links below can bring you up to date with all these exciting developments for TNR Gold. Do your own research, stay safe and prosper. Join the rEVolution.
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