Friday 28 January 2022

TNR Gold NSR Royalty Holding On Mariana Lithium: Ganfeng's Litio Minera Argentina Reports About "Participatory Environmental Monitoring At Mariana Project"

Lithium prices are hitting a new all-time high of over $59,000/T LCE in China and Ganfeng Lithium is moving Mariana Lithium Project fast forward with their US$600 million investment plan for the approved "Phase 1" with 20,000 T of the annual production capacity of Lithium Chloride. 

Ganfeng Lithium has published on their LinkedIn page a new report from Mariana Lithium Project in Salta, Argentina: "Participatory Environmental Monitoring at Mariana Project". 

Ganfeng emphasises one more time their commitments to Beautiful Argentina, its proud people and very stringent ESG standards. "Ganfeng will extract resources in the most environmentally friendly way and create more local jobs," - as Wang Xiaoshen, Vice Chairman of Ganfeng Lithium, stated numerous times. 

"Environmental monitoring has been carried out satisfactorily at Mariana for more than 10 years and LMA will continue to work so that this process is participatory, involving not only the enforcement authority but also the community, thus demonstrating the commitment and transparency of our company in all its environmental protection activities. (Ganfeng Lithium)

Now we can dive into more latest information about the progress at the Mariana Lithium Project and what kind of deals are happening in our Lithium Royalties UniVerse today. Investors are getting FOMO bug ignited by the Lithium price rally going into Tesla's "ludicrous mode", as Bloomberg has called it.

TNR Gold is plugged into Tesla Energy rEVolution with our NSR Royalty Holdings on the giant Mariana Lithium Project with Ganfeng Lithium and Los Azules Copper, Gold and Silver Project with McEwen Mining

A recent news release by Trident Royalties on the Sonora Lithium royalty deal is talking about calculating potential royalty cash flow using "Lithium spot price of US$55,000 per T of LCE in China".

"At the current lithium carbonate equivalent ("LCE") spot price of approx. US$55,000 per tonne, following completion, royalty revenue attributable to Trident..." (Trident Royalties)

With this kind of numbers, some analysts in our industry may start calculating potential future NSR Royalty cash flows for TNR Gold from Mariana Lithium Project closer to US$10 million per year rather than US$5 million, even after Ganfeng will execute its buyback right for 1% of NSR.

"TNR retains a 2.0% NSR Royalty on the entire Mariana Lithium Project in Argentina with Ganfeng Lithium, (TNR holds a 0.2% NSR 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)"   


On the links below you can find more information about TNR Gold, our assets and learn more about the lithium market. As usual, make your own research, stay safe and prosper. Join rEVolution!

Ganfeng Lithium

Participatory Environmental Monitoring at Mariana Project

"During the last quarter of 2021, LMA S.A. conducted participatory environmental monitoring in its Mariana Project to comply with the Environmental Management Plan of the Project's Environmental Impact Report and the Environmental Impact Declaration (DIA).

Environmental monitoring is carried out every six months in the surroundings of the Salar de Llullaillaco and areas of direct influence to assess the evolution or dynamic behavior of the environment at different times of the year and throughout the life of the project.

During the latest monitoring activity, representatives of the Tolar Grande community and the Salta Mining Office were invited. They participated in the entire monitoring process.

Monitoring actions were carried out by personnel from our environmental consultant, specialized in each environmental aspect surveyed: vegetation, fauna, limnology, air quality, noise, soil, and water. A brochure with information about each activity was delivered, and field measurements, analyses, and sampling were carried out at each spot of Llullaillaco's salt flat, which is the area of direct influence to the Mariana Project.

The results were positive and will be shared with the community in the upcoming months.

Environmental monitoring has been carried out satisfactorily at Mariana for more than 10 years and LMA will continue to work so that this process is participatory, involving not only the enforcement authority but also the community, thus demonstrating the commitment and transparency of our company in all its environmental protection activities." (Ganfeng Lithium, LinkedIn)

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 Mariana Lithium NSR Royalty Holding: "Ganfeng Is About To Start Work On Plants Planned For The Salar Del Llullaillaco And The Gemes Industrial Park. It Will Invest Close To US$600 Million".

TNR Gold Royalty Holding Update: ILC Reports Ganfeng Subsidiary Litio Minera Argentina Assumes All Rights And Obligations In Respect Of Mariana Lithium.

Kirill Klip, Executive Chairman of the Company commented, “We are pleased with the great news regarding Ganfeng Lithium, our NSR Royalty holding and advance of the Mariana Lithium Project to construction. I am also very pleased to see that this deal between ILC and Ganfeng Lithium included confirmation that Ganfeng’s subsidiary, Litio Minera Argentina, assumes all rights and obligations that ILC had in respect of the Mariana Lithium Project, including in respect to TNR Gold NSR Royalty Holding. Ganfeng Lithium has now consolidated 100% of the Mariana Lithium Project and advanced it to the construction stage. 

This news comes after a 55% increase in the measured and indicated resource estimate from the previously announced 2020 increase of more than 250% in measured and indicated resources at the Mariana Lithium Project. We extend our congratulations to Ganfeng and salute the people of Argentina on the celebration of ‘Pachamama’ – the ritual that thanks the earth for all that we receive from it. This ritual was performed at Mariana Lithium in September after successful approval of the Environmental Impact Report by the Salta regional government in Argentina and approvals for the construction of a plant with a designed annualized capacity of 20,000 tonnes per annum of lithium chloride.

We are very pleased to see that this new plan represents a 100% increase of the previously planned lithium annual production rate 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 very 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.

TNR does not have to contribute any capital for the development of the Mariana Project. The 2.0% Mariana NSR Royalty on the Mariana Project with Ganfeng Lithium is a very important part of TNR Gold’s portfolio, (TNR holds a 0.2% NSR on behalf of a shareholder). The essence of our business model is to have industry leaders like Ganfeng Lithium as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.”

Saturday 22 January 2022

Why Banksters Are "Fighting" The FED With Tether Using Your Money? And Who Is Buying All Gold And Silver Now?

Bitcoin plunges to lowest levels since August 2021 following, triggering and igniting the sell-off in technology sectors. Everything is already here and it is happening all at once. 

"How could twisted minds be allowed to hijack the "End The FED" and "Freedom Fighters for Honest Money" movements and exploit so basic Greed and Lust all over again? Look around you, why banksters "are fighting" with you now banks and FED for the future of Honest Money and for the "given by God right" to go "To The Moon" without paying Elon Musk or Jeff Bezos for the tickets?" 

The Treason. The Art of War. The whole generation.

The new very important chapter in The Great History of Cults is being turned over. The next chapter is Gold. The Catalyst is upon us. 

"Freedom fighters" are learning the hard way principles of Crypto Pumpernomics which are masterfully masqueraded by the explosive mixture of technical crypto nonsense with some brave ideas promoted by the early adaptors of the Australian School of Economics. 

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. 

There is no Gold 2.0 - there are more than 5,000 years of human history with Gold. We have another confirmation of the unique status of Gold - as the ultimate hedge for all portfolios constructed with equities, bonds and crypto-assets.

While Bitcoin is finishing its McDonalds pattern, you still have some time to dive deep into my stream of consciousness and maybe you can find your own answers to why banksters are "fighting" the FED with Tether using your money?

And who is buying all Gold and Silver now? Stay safe. Hedge your dreams. 

"How could so many bright people miss the whole point of another beautiful idea... again? How could dirty hands corrupt so quickly with Greed and Lust FOMOs the commandments of The White Paper? Bitcoin Crypto Bubble, like every other Great Bubble, demands from the Great People to self-sacrifice in order to become The Great Crypto Bubble. "The revolution always eats its own children."

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.

Brave Bitcoin Fighters With Ugly FIAT, Comrades, Be Prepared! Always Prepared! Proud People of El Salvador, Meet Tether: "FED" Of The DeepFake Bitcoin Crypto EcoSystem - "Give Me Just One Generation Of Youth And I'll Transform The Whole World." 

InterNational Human Wealth of Wisdom. Attributed to Russian People. 

Dear Friends, I will not waste your time today with my personal stream of consciousness for too long. Everything is already here. Now. Everything is already written, you just need to find it. 

The UniVerse is unfolding this Life in front of our eyes by moving us in our perception through time and space along all turns on the timeline of The Blocks of Life Chain Great Spiral. You cannot step in the same water under the bridge twice. History never repeats itself, but it rhymes. 

Blessed are the young with their ignorance and they will be forgiven. But those who know, will not escape their own judgement, they know better. When The Great History of Cults is written, this chapter will be one of the best page-turners. 

Friday 21 January 2022

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."

TNR Gold NSR Royalty Holding With McEwen Mining - McEwen Copper: Los Azules Progress Report

We are very pleased to see this very exciting and significant development for the Los Azules Copper Project and continued support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encouraging to see a start of a major 10-drill, 53,000-metre drilling program on this giant copper, gold and silver project. The personal commitment from Rob McEwen and his investment of US$40 million enables the rapid advancement for this major deposit to this new phase of development in an appropriate corporate structure which will allow financing and further stages of development of the Los Azules Copper Project.

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.”

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.

McEwen Mining:

McEwen Copper: Los Azules Progress Report

"TORONTO, Dec. 22, 2021 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to provide a summary of the work at the Los Azules copper project in San Juan, Argentina, that started in earnest this July 2021. Our two immediate objectives on our path to designing and constructing the copper mine of the future are to:

  1. Advance Los Azules from its current stage of development (Preliminary Economic Assessment or PEA) to a Pre-Feasibility Study (PFS); and 

  2. Construct a new road, the ‘ Northern Access Road’, that will provide critical year-round access to Los Azules. The current ‘ Exploration Road’ is generally only usable five months of the year due to winter weather.

Below is a photographic account of our activities to date.


On July 6, 2021, we announced the creation of McEwen Copper and our intention to raise US$80 million in a private offering comprised of 8,000,000 shares priced at $10.00 per share. We closed the first $40 million tranche of the placement in August with Rob McEwen, and the balance of the financing is expected to close in January 2022. Assuming completion of the $80 million financing, McEwen Mining will retain 69% ownership in McEwen Copper, and new shareholders will hold 31%. McEwen Copper will continue to hold a 100% interest in the Los Azules project.

Los Azules is one of the largest undeveloped copper porphyry deposits in the world. It is located along the prolific Andes Copper Belt as shown in the location map below:

Photo 1 - Work starting in July to open the Exploration Road.

Photo 2 - By September 27 th , we had reopened the Exploration Road to Los Azules, and the camp provisioner and caterer (Caterwest) had started setting up our work campsites. Below is a picture of the Exploration Road being improved. If you look closely, you can see the road continuing beyond the front-end loader.

Photo 3 - While opening the Exploration Road, on July 19 th we also started the construction of the Northern Access Road . Pictured here is the start of the eastern end of this new road. A prominent San Juan-based road construction firm (Zlato) is building the road for us. The construction of the road has been divided into five sections.

Photo 4 - By late November, we had completed Section 5 and approximately 50% of Section 4. We are awaiting permits, expected in Q1 2022, to advance construction of the remaining sections. The expected completion date of the Northern Access Road is mid-2022.

Photo 5 – Back on the Exploration Road, the road was reopened to our first work camp, Candidito, by August 25 th on the road to Los Azules.

Photo 6 - October 1 st , the final destination had been reached and Camp Los Azules was operational.

Photo 7 - November 4 th , the second work camp, Embarrada, was operational.

On December 1st, the medical services and emergency rescue teams had arrived at site and exploration drill platforms were being constructed.

By December 20th, 36 drill platforms had been constructed and 2 of the 10 exploration drills had arrived on site. The other 8 drills are expected to be arriving throughout January and into February. Drilling will start on January 4th. The first phase of our drill program will involve a 174,000-foot (53,000 m) program. It is designed to convert the Inferred mineral resources to the Indicated category, as well as to test deeper exploration targets, where historic drilling had ended in strong copper mineralization.

McEwen Copper currently has 282 people supporting the exploration drilling program at Los Azules, with approximately 85% being from San Juan.

Photo 8 and 9 - The first two exploration drills to arrive at the site.

Photo 10 – At Los Azules, McEwen geologists orienting the drillers from Major Drilling, with the rock conditions that they will be encountering.

Project Development Workshop

This past week, December 14th to 16th, we held an intensive workshop with senior management of both McEwen Mining and McEwen Copper and a powerful group of consultants and advisors. A total of 30 individuals well versed in designing and building, and operating copper mines, especially in South America, gathered physically and virtually from Argentina, Chile, USA, Canada, Australia, and New Zealand.

The workshop started with a presentation from Whittle Consulting from Australia, who for the past three months have been evaluating various development scenarios for the Los Azules Project. Their work suggests there is considerable room to improve the economics of the project.

Companies involved in moving Los Azules to PFS are:

  • 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; and
  • 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 large copper project experience in South America, including past involvement at the Los Azules project; and
  • Stantec, a full service engineering and consulting firm, with offices in Argentina, Chile, and Peru, including select subcontract consultants will focus on geology, resource and reserve estimates, mining engineering, hydrology, geotechnical and the tailings, waste, and water management facility design.

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 to have a low-carbon footprint and that uses technological innovation to achieve an energy efficient mine.

At several points during the workshop, Jason F. McLennan of McLennan Design in Seattle, a prominent figure in the field of architecture and green building movement, shared his thoughts on technologies, visions and attitudes on how mining could change to contribute to a healthy world and how lessons learned in other industries could be applied to transform certain elements of mine operations, infrastructure and facilities.

We all left the meeting energized and believing that the future of mining will be exciting, new and game-changing. For the world to make considerable progress towards a lower carbon emissions world, the world needs responsible mining to provide the materials to make that a reality.

We at McEwen Copper, along with our consultants, plan to design, build, and operate a facility, a community, that will be at the leading edge of a changing attitude in mining towards protecting our planet.


This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, contain McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, effects of the COVID-19 pandemic, fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to the calculation of mineral resources and reserves, and other risks. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.

The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by the management of McEwen Mining Inc."