Monday, 30 May 2022

TNR Gold NSR Royalty On Mariana Lithium With Ganfeng: "Ganfeng Lithium Inaugurates Works Of Its Mining Project In The Puna, Argentina"

We congratulate today Ganfeng Lithium and the proud people of Argentina! Redimin reports about another major milestone for all TNR Gold shareholders. Jason Luo, CEO of Ganfeng Lithium's subsidiary Litio Minera Argentina will inaugurate, together with the governor of Salta, Gustavo Saenz, works on the Mariana Lithium Project, located in the Salar of Llullaillaco. The event is taking place today May 30, 2022, in Salta, Argentina. We are getting one more step closer to the potential future royalties cash flow stream for TNR Gold.

Ganfeng Lithium will make an investment of close to US 600 million dollars in the Puna and is planning a production facility for 20,000 tons of lithium chloride (LiCl) per year. All operations at Mariana Lithium Project will be powered by a 150 MW Solar Park.

Now you can better understand why this slide from the Ganfeng Lithium presentation is so important for all investors of TNR Gold. The planned 20,000 T of Lithium Chloride annual production capacity at Mariana Lithium is called "Phase 1"!

Chart by Nicholas Winton

"With these kinds of numbers, some analysts in our industry may start calculating potential future NSR Royalty cash flows for TNR Gold from the Mariana Lithium Project closer to US$15 million per year rather than US$5 million, even after Ganfeng will execute its buyback right for 1% of NSR."

TNR Gold is plugged into Tesla Energy rEVolution with our Royalty Holdings on Mariana Lithium Project with Ganfeng Lithium, Los Azules Copper, Gold and Silver Project with McEwen Mining and Batidero I and II Properties of Josemaria Copper-Gold Project with Lundin mining.

I consider my personal investment in TNR Gold, as a unique entry point into the state of the art vertically integrated lithium business being built by Ganfeng Lithium for the 21st century. We are building The Green Energy Royalty and Gold Company and participating in the creation of secure supply lines feeding The Switch and Tesla Energy rEVolution.

On my blog following the links below, you can find more information about TNR Gold Corp. and our Royalty Holdings. Do your own research, read all disclaimers, as usual, stay safe and prosper. Join rEVolution!

Redimin:

Argentina: Ganfeng Lithium Inaugurates Works Of Its Mining Project In The Puna

"The CEO of the Ganfeng Lithium company, Jason Luo, and the vice president of Litio Minera Argentina, Simón Pérez Alsina, will inaugurate, together with the governor of the province, Gustavo Sáenz, works on the Mariana project, located in the Salar de Llullaillaco.
The event will take place next Monday, May 30, starting at 10:30 at the Alejandro I hotel, with a simultaneous transmission from the Puna.

Mariana Lithium (Redimin)

Mariana is located in the Salar de Llullaillaco in the Puna of Salta, about 430 kilometers from the city of Salta and almost 100 km from Tolar Grande.
Is currently. the furthest project from the city of Salta. Respecting the environmental commitment, the Mariana project will be powered 100% by solar energy, and the salt flat will be preserved as a complex environmental system.
Ganfeng Lithium will make an investment of close to 600 million dollars in the Puna and it is estimated that it will obtain twenty thousand tons of lithium chloride (LiCl) per year.
From the company they indicated that according to provincial laws, the hiring of local employment will be prioritized, and that it will generate jobs for 1,300 people in the construction stage and 455 during the operation.
Ganfeng Lithium Group is based in Australia, Argentina, Mexico and China. It covers a wide swath of the lithium battery supply chain, from the development, refining and processing of lithium resources to battery manufacturing and recycling. Its products are used in electric vehicles, energy storage, 3C products, chemicals and pharmaceuticals.
Mining suppliers
Every May 28, the National Mining Supplier Day is commemorated, as a recognition of entrepreneurs from all over the country who supply mining projects, being important protagonists of the national economy.
From the Digitization of the Provincial Registry of Local Suppliers of Mining Companies, launched in November 2021, the registration for the contracting of goods and services to the mining sector was promoted.
Currently the Ministry of Mining and Energy registers a total of 169 suppliers." (Translated by Google)

TNR Gold Mariana Lithium NSR Royalty Partner: Ganfeng Lithium Plans 300,000 Tons LCE Supply Capacity By 2025

Equal Ocean, an investment research firm from China, reports about the latest "investment relations activities" disclosed by Ganfeng Lithium. TNR Gold's Mariana Lithium NSR Royalty partner sets the new industry standards and very high benchmarks for this global vertically integrated lithium business.

According to Equal Ocean, Ganfeng Lithium "has planned to form a supply capacity of no less than 300,000 tons of LCE by 2025". "About 200,000 tons of LCE will come from the supply of its own resources".

"We are very pleased to see that this new plan represents a design capacity of 20,000 tonnes lithium chloride (LiCl) over the previously planned annual lithium production rate of 10,000 tonne-per-year lithium carbonate equivalent (LCE) presented in the Mariana Project preliminary economic assessment ("PEA"), announced in our news release of January 28, 2019. It was the first PEA on the project and provided a potential value for the total NSR royalty from Mariana's life of mine cashflow, which has now been significantly increased. We welcome the news from the Salta regional government, following its discussions with Ganfeng, that the likely project expenditure to bring the Mariana Project to full production is approximately US$600 million."

We can expect now that the "Phase 2" may potentially increase the annual production of Mariana Lithium even more in the future. After all, Ganfeng Lithium's Chairman is talking about 3 million tons LCE of lithium annual demand by 2030.

"Due to the technical complexity, only the strongest Lithium companies will be able to develop new projects and achieve a significant production increase of Battery Grade Lithium. The whole industry produced only 369,000 T LCE of Lithium in 2020 and now we have to jump first to over 1 million T LCE by 2025. Ganfeng's Chairman is talking about 3 million T LCE annual demand by 2030 and Canaccord Genuity estimated that only Tesla will consume 2.7 million T LCE annually by 2030."

Operations at Mariana Lithium will be powered by a 150 MW Solar Park - Ganfeng is setting up another ESG level for lithium production operations on the global scale.

"And now Ganfeng's plan to power all operations at Mariana Lithium Project with renewable energy is taking shape as well. Runrun Electrico reports about the latest developments and Ganfeng Lithium plan for a 150 MW Solar Park at the Salar de Llullaillaco."

TNR Gold is plugged into Tesla Energy rEVolution with our Royalty Holdings on Mariana Lithium Project with Ganfeng Lithium, Los Azules Copper, Gold and Silver Project with McEwen Mining and Batidero I and II Properties of Josemaria Copper-Gold Project with Lundin mining.

Equal Ocean:

Ganfeng lithium industry: it is expected that the planned capacity of 2GWh first-generation solid-state battery will be gradually released this year

"Ganfeng lithium disclosed the record of investor relations activities and announced that the company has planned to form a supply capacity of no less than 300000 tons of lithium carbonate equivalent by 2025 to meet the vigorous development of the lithium market. It is estimated that the supply of the company's own resources will account for about 70% in the future, that is, in the production scale of 300000 tons of lithium carbonate equivalent in 2025, about 200000 tons of lithium carbonate equivalent will come from the supply of its own resources. In terms of power and energy storage batteries, the company has built a capacity of 7gwh, of which the 3gwh production line put into operation in 2021 can be fully produced, and the newly built 4gwh production line is still under commissioning. In terms of solid-state batteries, the planned capacity of 2gwh first generation solid-state batteries is expected to be gradually released this year. In terms of consumer batteries, the company's recent TWS battery capacity has been further improved, the automation capacity has been strengthened, and the cost has been reduced. (This text is a result of machine translation)"

Elon Musk And Lithium: "Salt On A Salad"? - It Looks More Like Water In The Desert Needed For Tesla To Continue To Grow To The Sky.

Elon Musk is talking about lithium again. This time around even the laziest investors are already chasing everything with lithium in their name. Lithium prices have separated themselves from any ideas about the dirt and dust which is lying around in Nevada "full of Battery Grade Lithium" and just waiting to jump straight into the battery packs.

Friday, 20 May 2022

Building The Green Energy Metals Royalty And Gold Company: Insiders Continue To Invest In TNR Gold Corp.

“Our business model provides the unique entry point into the creation of supply chains for critical materials like energy metals which are powering Tesla Energy rEVolution and Gold industry which is providing the ultimate hedge during this part of the economic cycle. Our shareholders are participating in the building of The Green Energy Metals Royalty and Gold Company. In our portfolio, we have a unique combination of assets providing exposure to different parts of mining cycle: starting with the power of blue sky discovery and including partnerships with industry leaders like McEwen Mining, Ganfeng Lithium and Lundin Mining as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.”

Kirill Klip, Executive Chairman TNR Gold Corp.

TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and Gold Company from Kirill Klip

Please visit the TNR Gold website for all updated presentations.

Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blogs. Always consult a qualified financial adviser before any investment decisions.

Do Your Own Research.

TNR GOLD CORP.

> THE GREEN ENERGY METALS ROYALTY AND GOLD COMPANY.

ABOUT US

TNR Gold Corp. is working to become the green energy metals royalty and gold company.

Over the past twenty-six 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, which is being developed by McEwen Mining Inc. now. TNR Gold holds a 0.4% NSR Royalty on the entire Los Azules Copper Project, including a 0.04% held on behalf of a shareholder.

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.

TNR retains a 2.0% NSR Royalty on the entire Mariana Lithium Project in Argentina with Ganfeng Lithium, including a 0.2% NSR held on behalf of a shareholder. Ganfeng’s subsidiary, Litio Minera Argentina, has a right to repurchase 1.0% of the NSR Royalty on the Mariana 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 by 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 holds a 7% NPR holding on the Batidero I and II properties of the Josemaria Project, which is being developed by Lundin Mining. Lundin Mining is part of the Lundin Group, a portfolio of companies producing a variety of commodities in over 20 countries worldwide.

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 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 a wide scope of exposure to gold, copper, silver 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.

* “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.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEWS RELEASE

TNR Gold Announces Close of Non-Brokered Private Placement First Tranche

Vancouver, British Columbia – May 19, 2022: TNR Gold Corp. (TSX-V: TNR) (“TNR”, “TNR Gold” or the “Company”) is pleased to announce that it has closed the first tranche of the non-brokered private placement (the “Private Placement”) of up to 5,000,000 units (each a “Unit”) announced on April 4, 2022. On closing, the Company issued 1,250,000 Units at $0.05 per Unit for proceeds of $62,500. Each Unit consists of one common share of the Company and one half of a non-transferable common share purchase warrant (each a “Warrant”) with each whole Warrant exercisable into one common share of the Company at an exercise price of $0.075 per share for two years from the date of issue. Closing of the final tranche of the private placement will be completed prior to June 3, 2022.

The proceeds of the Private Placement will be used for exploration, maintenance of the Shotgun Gold project and for general working capital purposes.

All Private Placement securities will be restricted from trading for a period of four months plus one day from the date of closing.

On closing, the Company paid cash finder’s fee of 5% of the gross proceeds sourced by the finder.

Kirill Klip, Executive Chairman of the Company, a non-arms’ length party, participated in this Private Placement. The issuance of private placement securities to a non-arms’ length party constitutes related-party transactions under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Because the Company’s shares trade only on the TSX Venture Exchange, the issuance of securities is exempt from the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(b) of MI 61-101 and exempt from the minority approval requirements of Section 5.6 of MI 61-101 pursuant to Section 5.7(b). The Company did not file a material change report 21 days prior to the closing of the private placement as the details of the participation of insiders of the Company had not been confirmed at that time...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEWS RELEASE

TNR Gold Announces Close of Non-Brokered Private Placement Final Tranche

"Vancouver, British Columbia – March 16, 2022: TNR Gold Corp. (TSX-V: TNR) (“TNR”, “TNR Gold” or the “Company”) is pleased to announce that it has closed the second and final tranche of the non-brokered private placement (the “Private Placement”) announced on December 22, 2020. On closing, the Company issued 420,000 units (“Units”) at $0.05 per Unit for proceeds of $21,000. Each Unit consists of one common share of the Company and one half of a non-transferable common share purchase warrant (each a “Warrant”) with each whole Warrant exercisable into one common share of the Company at an exercise price of $0.075 per share for two years from the date of issue.

The proceeds of the Private Placement will be used for exploration, maintenance of the Shotgun Gold project and for general working capital purposes.

All Private Placement securities will be restricted from trading for a period of four months plus one day from the date of closing.

Kirill Klip, Executive Chairman of the Company, and Maurice Brookes, Chief Financial Officer of the Company, both non-arms’ length parties, participated in this Private Placement. The issuance of private placement securities to non-arms’ length parties constitutes related-party transactions under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Because the Company’s shares trade only on the TSX Venture Exchange, the issuance of securities is exempt from the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(b) of MI 61-101 and exempt from the minority approval requirements of Section 5.6 of MI 61-101 pursuant to Section 5.7(b). The Company did not file a material change report 21 days prior to the closing of the private placement as the details of the participation of insiders of the Company had not been confirmed at that time..."

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEWS RELEASE

TNR Gold Announces Close of Non-Brokered Private Placement First Tranche

Vancouver, British Columbia – February 22, 2022: TNR Gold Corp. (TSX-V: TNR) (“TNR”, “TNR Gold” or the “Company”) is pleased to announce that it has closed the first tranche of the non-brokered private placement (the “Private Placement”) of up to 5,000,000 units (each a “Unit”) announced on December 22, 2020. On closing, the Company issued 2,400,000 Units at $0.05 per Unit for proceeds of $120,000. Each Unit consists of one common share of the Company and one half of a non-transferable common share purchase warrant (each a “Warrant”) with each whole Warrant exercisable into one common share of the Company at an exercise price of $0.075 per share for two years from the date of issue. Closing of the final tranche of the private placement will be completed prior to March 15, 2022.

The proceeds of the Private Placement will be used for exploration, maintenance of the Shotgun Gold Project and for general working capital purposes.

All Private Placement securities will be restricted from trading for a period of four months plus one day from the date of closing.

On closing, the Company paid cash finder’s fee of 5% of the gross proceeds sourced by the finders.

Kirill Klip, Executive Chairman of the Company, and Konstantin Klip, Director of the Company, both non-arms’ length parties, participated in this Private Placement. The issuance of private placement securities to non-arms’ length parties constitutes related-party transactions under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Because the Company’s shares trade only on the TSX Venture Exchange, the issuance of securities is exempt from the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(b) of MI 61-101 and exempt from the minority approval requirements of Section 5.6 of MI 61-101 pursuant to Section 5.7(b). The Company did not file a material change report 21 days prior to the closing of the private placement as the details of the participation of insiders of the Company had not been confirmed at that time...

ABOUT TNR GOLD CORP.

TNR Gold Corp. is working to become the green energy metals royalty and gold company.

Over the past twenty-six 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, which is being developed by McEwen Mining Inc. now. TNR Gold holds a 0.4% NSR Royalty on the Los Azules Copper Project, including a 0.04% held on behalf of a shareholder.

TNR retains a 2.0% NSR Royalty on the Mariana Lithium Project in Argentina with Ganfeng Lithium, including a 0.2% NSR held on behalf of a shareholder. Ganfeng’s subsidiary, Litio Minera Argentina, has a right to repurchase 1.0% of the NSR Royalty on the Mariana 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 by Ganfeng Lithium International Co. Ltd.

TNR also holds a 7% NPR holding on the Batidero I and II properties of the Josemaria Project, which is being developed by Lundin Mining. Lundin Mining is part of the Lundin Group, a portfolio of companies producing a variety of commodities in several countries worldwide.

On behalf of the Board of Directors,

Kirill Klip
Executive Chairman
www.tnrgoldcorp.com

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, Ganfeng Lithium’s, Josemaria Resources’ and Lundin Mining’s preliminary economic assessments, Feasibility Study, or Mineral Resource and Mineral Reserve estimations, life of mine estimates, and mine and mine closure plans 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. TNR relies on the confirmation of its ownership for mining claims from the appropriate government agencies when paying rental payments for such mining claims requested by these agencies. There could be a risk in the future of the changing internal policies of such government agencies or risk related to the third parties challenging in the future the ownership of such mining claims. 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., Ganfeng Lithium, Josemaria Resources and Lundin Mining 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."

Thursday, 19 May 2022

TNR Gold In The Alaskan Elephant Country: The State Of Alaska Has Reaffirmed The 401 Clean Water Certificate For Donlin Gold

"My belief is TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin."

Kirill Klip, Executive Chairman
TNR Gold Corp.

We have another major milestone for this giant Gold Mining Camp on US soil in the making. "Donlin Gold reports that the State of Alaska has reaffirmed the 401 Clean Water Certificate." The Great State of Alaska is one of the top safe mining jurisdictions in the world and we have one more confirmation that responsible sustainable mining is welcomed on US soil.

There is no Gold 2.0, there are over 5,000 years of humankind's history with Gold. Investors are tired of chasing Crypto Dragons and Bitcoin Dreams in the Tether Metaverse.

The extreme volatility and the recent crash in the crypto markets have evaporated trillions of dollars of "crypto capital" and have wiped out millions of "investors", some of them with all their life savings.

"Crypto myths are being dismantled one by one: Bitcoin is NOT Gold 2.0, Bitcoin is not an inflation hedge and Bitcoin is not a new asset class that will take the place of bonds in the "deworsified" model portfolios. Bitcoin is triggering, following and igniting the burst of all bubbles starting with technology sectors."

Gold is The Ultimate Hedge for all portfolios constructed with equities, bonds and crypto-assets. The new generation is seeking safety, they are finding Gold and they are coming home.

TNR Gold shareholder NOVAGOLD and their JV partner Barrick Gold are conducting "the biggest drilling program in a decade" at Donlin Gold. JV Partners started a "$60 million 2022 drilling program with two rigs and work will eventually ramp up to five or six active rigs by midsummer".

Hopefully, giant Donlin Gold will grow even more. We are talking here about the major Gold Mining Camp on US soil in the making. On the links below you can find more information about TNR Gold, our Shotgun Gold Project and our shareholder NOVAGOLD for your own research. Stay safe and prosper.

The Delta Discovery:

Donlin Gold reports that the State of Alaska has reaffirmed the 401 Clean Water Certificate

"Donlin Gold would like to report that the Alaska Department of Environmental Conservation (ADEC) has reaffirmed Donlin Gold’s Clean Water Act 401 Certificate of Reasonable Assurance (401 Certificate). The 401 Certification indicates the State’s reasonable assurance that issuance of the Federal Clean Water Act Section 404 permit will not cause exceedances of the State’s water quality standards. This final decision is part of the ongoing appeal filed by Earthjustice and Orutsararmiut Native Council.
Donlin Gold submitted two scientific reports in October of 2021 to the ADEC. The reports include additional scientific data collected during the summer of 2021 and an analysis of the project’s potential effects to water quality, in particular mercury and temperature. These topics are important to the residents of the region along with Donlin Gold and our partners and merit the added in-depth look. Mercury and temperature effects have been key topics in the ongoing appeal of the 401 Certificate.
The reports conclude that:
• The concentration of mercury in Crooked Creek would stay essentially the same as existing levels or potentially decrease (i.e., improve).
• Predicted streamflow reductions in Crooked Creek would not cause water temperatures to exceed the Alaska Water Quality Standards.
Furthermore, Donlin Gold has revised the mine’s Monitoring Plan to include additional monitoring for mercury and temperature in Crooked Creek surface waters.
ADEC has repeatedly upheld its decision to issue the 401 Certificate for the Donlin Gold project. “We believe the additional studies provided compelling support for the 401 Certificate. The two studies extend the already large body of scientific information about water quality in Crooked Creek, ensuring that the healthy ecosystem upon which people depend is protected. The additional water quality monitoring provides further assurance the project will comply with Alaska’s strict water quality standards. ADEC’s decision to reaffirm the 401 Certificate, after completing their own independent review, further confirms this. The reissuance of the 401 Certificate is even more strongly supported by this added data and analysis, and monitoring. We would like to thank the ADEC for the additional and thorough work in the updated 401 Certificate. Donlin Gold is committed to responsible development of the mineral resources owned by Calista Corporation, the Alaska Native Corporation for the Yukon-Kuskokwim region of western Alaska, and the associated benefits it can bring to the shareholders and residents of the region,” said Dan Graham, General Manager at Donlin Gold."

Gold In The USA, the Alaskan Elephant Country: TNR Gold Shotgun Gold Project Presentation

"My belief is TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin."

Kirill Klip, Executive Chairman
TNR Gold Corp.

TNR Gold Shotgun Gold Project Presentation from Kirill Klip

Please visit the TNR Gold website for all updated presentations.

Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blogs. Always consult a qualified financial adviser before any investment decisions.

Do Your Own Research.

"But Donlin takes things to another level again.
With its 39mln ounces of gold grading well over two grams per tonne, it’s one of the largest open pit deposits anywhere in the world.
Not surprising then that one of the biggest names in the industry, Barrick Gold (TSE:ABX), is playing a crucial role in bringing it on, alongside partner NovaGold (TSE:NG).
Will these two stay as partners for the duration, or will Barrick step in and buy out NovaGold?

Or, for that matter, will a third party, like Newmont, show up late at the party and try to initiate some sort of division of the spoils with Barrick along the lines of the current hard-won arrangement in Nevada?
These are matters for speculation just at the minute, but it might not be long before we see tangible corporate action.
And it’s not altogether out of the question that Shotgun will get caught up in it too.
After all, TNR has plenty of form in forming strong alliances with the world’s leading mining companies." (Alastair Ford)

TNR Shotgun Gold In The Alaskan Elephant Country: "Spot Gold Highest Ever Quarterly Close"

Northstar produced another set of his brilliant charts covering Gold and Gold Miners. We have "Spot Gold highest ever quarterly close". The previous monthly ATH Gold close was at $1,975, the quarterly ATH Gold close was at $1,898 and now Northstar is reporting the new ATH Gold quarterly close in Q1 2022 at $1,936.90.

"My belief is TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin."

Kirill Klip, Executive Chairman
TNR Gold Corp.

On the links below you can find a digest of all information about our Shotgun Gold Project and TNR Gold Corp. for your own research in-depth, read disclaimers, stay safe and prosper. We are building The Green Energy Metals and Gold Company. Join rEVolution!

"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 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."