Activities at Los Azules ramped up in Q4, with the opening of the seasonal exploration road, the activation of two camps, the start of construction of a new all-year access road, and the preparation of drill pads and roads to support the current drilling program. Drilling started in January 2022 and there are currently five rigs operating, increasing to seven in March.
On February 17th, 2022, Michael Meding joined as Vice President responsible for the overall direction and management of the Los Azules project. Mr. Meding has over 20 years of international experience, primarily with major mining companies such as Barrick Gold and Trafigura, including extensive experience with project development and operations in Argentina. While at Barrick Gold's Veladero mine in Argentina, he played a key role in the turnaround, extension of the mine life, and subsequent strategic partnering with Shandong Gold.
An extensive team of experts have been engaged to advance the Los Azules project to a pre-feasibility stage, including the following:
- Bechtel Corporation, the largest construction company in America with a long history of advancing, building and developing large copper concentrators and infrastructure projects globally, including the recent feasibility study update on the El Pachon project approximately 75 km south of Los Azules;
- Samuel Engineering, who will help oversee project management, controls, metallurgy and processing plant design, is a full service multi-disciplinary project development and execution company bringing a team with extensive experience in large South American copper projects, including past involvement at the Los Azules project;
- Stantec, a full service engineering and consulting firm, with offices in Argentina, Chile, and Peru, will focus on geology, resource and reserve estimates, mining engineering, hydrology, geotechnical and the design of tailings, waste, and water management facility;
- Whittle Consulting from Australia, with over 35 years of leadership in the field of integrated strategic planning and optimization; and
- McLennan Design in Seattle, led by Jason F. McLennan, a prominent figure in the field of architecture and green building movement. McLennan is the creator of the Living Building Challenge – the most stringent and progressive green building program in existence.
Our overarching goal is to design a mine that will be the model for copper mining in the 21 st century, one that supplies the raw material to enable a greener world, while incorporating the use of renewable energy sources and technological innovation for a low-carbon footprint and energy efficient mining." (McEwen Mining)
TNR Gold NSR Royalty Holding on the entire giant Los Azules Copper, Gold and Silver Project is becoming the M&A play with Rob McEwen Midas touch in action. TNR Gold shareholders are dusting off their calculators with Copper prices moving towards $5/lb.
"Nova Royalty Corp paid US$12.75mln for a smaller-sized royalty than TNR’s - which, remember is 0.36% NSR - and at a time when the copper price was much lower.Some in the market calculate that TNR’s royalty on Los Azules ought to be worth at least US$20mln on that basis, and probably considerably more.
McEwen himself has argued that Taca Taca serves as a good proxy for Los Azules." (Alastair Ford)
We are building The Green Energy Metals Royalty and Gold Company. Insiders continue to invest in TNR Gold. On the links below you can find more information about TNR Gold Corp. for your own research. Stay safe and join rEVolution!
TNR Gold Royalty On Los Azules Copper, Gold And Silver With McEwen Mining: World’s Top 10 Copper Mining Projects – 2022
"TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to announce that Michael Meding has joined as Vice President of Andes Corporacion Minera SA. in Argentina. Mr. Meding is accountable for the overall direction and management of the Los Azules copper project in San Juan. He will play a significant role in taking McEwen Copper through its next phases of technical studies, upcoming IPO, and development as a global model for environmentally and socially responsible green mining.
Mr. Meding has over 20 years of international experience, primarily with major mining companies such as Barrick Gold and Trafigura, including extensive experience with project development and operations in Argentina. While at Barrick Gold's Veladero mine in Argentina, he played a key role in the turnaround, extension of the mine life, and subsequent strategic partnering with Shandong Gold. Mr. Meding is trilingual (Spanish-English-German) and holds an MBA from Indiana University in Pennsylvania and an MBA from the Leipzig Graduate School of Management in Germany." (McEwen Mining)
TNR Gold is plugged into Tesla Energy rEVolution with our royalty portfolio on the giant projects containing Lithium, Copper, Gold and Silver. Ganfeng Lithium is building Mariana Lithium Project's "Phase 1" with the approved 20,000 T of the annual production of Lithium Chloride in Salta, Argentina.
Now our NSR Royalty Holding on the entire giant Los Azules Copper, Gold and Silver Project is becoming the M&A play with Rob McEwen Midas touch in action. TNR Gold shareholders are dusting off their calculators with Copper prices moving towards $5/lb.
"Nova Royalty Corp paid US$12.75mln for a smaller-sized royalty than TNR’s - which, remember is 0.36% NSR - and at a time when the copper price was much lower.Some in the market calculate that TNR’s royalty on Los Azules ought to be worth at least US$20mln on that basis, and probably considerably more.
McEwen himself has argued that Taca Taca serves as a good proxy for Los Azules." (Alastair Ford)
On the links below you can find more information about TNR Gold Corp. for your own research. Stay safe and join rEVolution!
TNR Gold Royalty Holding On Los Azules Copper, Gold and Silver Project: "Los Azules Attracted The Attention Of Large Producers Such As Vale SA, Anglo American Plc And Barrick Gold Corp. As A potential Acquisition", Rob McEwen Said.
Drills are turning at Los Azules and Rob McEwen is turning heads of the mining executives in the boardrooms of major mining companies all over the world towards Argentina. The rising Copper price can perform miracles. We have seen nothing yet when it comes to major mining companies going FOMO on Energy Transition and Electric Cars.
All industry majors are seeking new giant deposits like the Los Azules Copper, Gold and Silver Project to replenish their dwindling mining reserves in order to participate in Energy Transition and Electrification of Transportation. We must build secure supply lines to feed Tesla Energy rEVolution.
Any of these names, Rob McEwen is talking about: Vale SA, Anglo American Plc and Barrick Gold Corp. - will bring the necessary catalyst to TNR Gold with our NSR Royalty Holding on the entire giant Los Azules Copper, Gold and Silver Project. Let's see what kind of magic Rob McEwen can produce this time. Upcoming drilling results promise to bring Los Azules into headlines again and, hopefully, this giant deposit can grow even bigger.
After Ganfeng's US$600 million investment plan for Mariana Lithium, TNR Gold can have another solid partnership between McEwen Mining and one of the largest mining companies in the world which will be moving Los Azules Copper towards production. As you remember, this is the unique opportunity for Barrick Gold to gain a solid footing in San Juan with a new major development at Los Azules Copper, Gold and Silver Project, which maybe can help later to bring to life the giant "landscaping exercise" left unfinished at Pascua Lama.
TNR Gold is plugged into Tesla Energy reVolution with our royalty portfolio. Ganfeng Lithium is building Mariana Lithium Project's "Phase 1" with the approved 20,000 T of the annual production of Lithium Chloride in Salta, Argentina.
Now our NSR Royalty Holding on the entire giant Los Azules Copper, Gold and Silver Project is becoming the M&A play with Rob McEwen Midas touch in action. On the links below you can find more information about TNR Gold Corp. for your own research. Stay safe and join rEVolution!
"Vast deposits and more welcoming policies have turned Argentina into a lithium hot-spot in recent years. Now the global copper industry is taking another look at the South American nation.
That’s the view of Rob McEwen, whose namesake company is drilling a property in San Juan province near the border with Chile. Called Los Azules, it’s attracted the attention of large producers such as Vale SA, Anglo American Plc and Barrick Gold Corp. as a potential acquisition, he said. All three companies declined to comment." Mining.com
TNR Gold NSR Royalty Holding With McEwen Mining - McEwen Copper: Los Azules Progress Report
TNR Gold holds a 0.4% NSR royalty on the entire Los Azules Copper Project (TNR holds a 0.04% on behalf of a shareholder). TNR Gold does not have to contribute any capital for the development of Los Azules. 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.”
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