"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.
"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?
"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"
"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 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."
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