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.”
TNR Gold Royalty On Los Azules Copper, Gold And Silver With McEwen Mining: Massive Drilling Campaign Ongoing As Copper Hits All-Time High Of $5/lb
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 hitting a new all-time high of $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!
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