Sunday 23 October 2022

TNR Shotgun Gold: The Pitch for Elevation to Climb a Huge Wall of Worry

Guest post:

TNR Shotgun Gold: The Pitch for Elevation to Climb a Huge Wall of Worry

FOMO is driving everything in the markets these days. We are talking here about the 20-year top for US Dollar. NorthStar and Patrick are demonstrating in their brilliant charts that we can be close to that point. You can start FOMO chasing Gold as well.

"US Dollar was going parabolic making high after high this year. FED missed the coming Inflation Shock after printing trillions of dollars, was well behind the curve and turned hawkish breaking all markets and bursting all bubbles at the same time."

The brutal sell-off in the markets has confirmed an almost 100% correlation between Bitcoin, Tech Stocks and even S&P while the correlation between Gold and Bitcoin happens to be now nearly zero. Gold is The Ultimate Hedge.

Gold becomes The Ultimate Hedge for all portfolios constructed with equities, bonds and crypto-assets. 

Northstar is pointing out the major changes in macro trends and relative valuations between Gold, NASDAQ and S&P 500. The only real change in the flow of funds can confirm all these observations and we are getting closer to this point by the day.

Incrementum provides us with a very interesting reminder about FED, Gold and rate hikes by Greenspan. 

A lot of very smart people will be surprised to find out that "Gold bottomed soon after Greenspan's 1st hike in 1999 - 1st rate hike on 30th of June 30, 1999, and low of Gold for the Cycle on 20th of July, 1999".

Otavio Costa provides us with a big-picture view of Gold relative to the S&P 500. As usual, even a very small percentage of funds flowing from equities and crypto can start the real fireworks in the Gold market.

Patrick Karim is painting with his beautiful charts the wonderful picture of the magnitude of these fireworks and potential targets for this Next Leg Up of the Mega Gold Bull Market. Gold and Silver miners are very cheap.

We are getting closer to The Next Catalyst for Gold. The whole new generation of investors has to learn the hard way history lessons. They must find real, solid values after being used, disillusioned and thrown away by "The Ponzi on Steroids". "The Thousand and One" digitized scams known to humans remain scams even on the blockchains.

Gold mining stocks are ready after another confirmation of the inflation impulse to drive their owners into the future climbing up over a huge wall of worry.

Gold and silver miners are hitting another major oversold condition in the marketplace. The right entry point will always defy the probability of your investment success and now we have another truly unique entry point for the best mining stories.

Central banks continue to accumulate Gold while retail investors are chasing Crypto Dragons.

Do not miss the wake-up call when Gold will be hitting the next all-time high coming out of this very powerful Cup-and-Handle formation.

TNR Gold shareholder NovaGold is putting the Peak Gold situation into perspective after reporting another set of great exploration results at the Donlin Gold Project in Alaska. Barrick Gold CEO is talking about "unlocking the tremendous potential of Donlin Gold" and it is time for us to discuss the value proposition of Shotgun Gold. Smart money is accumulating the best Gold Stories to climb over a huge wall of worry following another major leg up for this Gold Bull Market propelled by the surge of inflation.

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.


Shotgun Gold is a Project located in South West Alaska, USA, in the same regional area as Novagold’s Donlin Gold Project.

Lang’s & Baker’s 2001 academic study specifically identifies both projects as "major porphyry granite-related gold deposits" that are related to a widespread magmatic gold mineralising event. Riveting stuff. What it implies in layman’s terms is that both projects arose from the same geological kitchen sink, leading one to the supposition that they should both possess similar favourable geological properties. 

To that effect, Shotgun’s general mineralisation style resembles the neighbouring Donlin Gold project. For instance, Shotgun’s particular intrusion is associated with 69.7Ma magmatism while Donlin Gold holds 70ma magmatism.

Shotgun’s particular boon is in the details. Shotgun’s mineralisation has been identified to possess little-to-no "nugget effect". A high ‘nugget effect’ means high variability between samples that are closely spaced. "No nugget effect" implies tight-fisted uniform mineralisation of a bulk tonnage gold system. There’s no need to dig up empty rock space so the stripping ratio for any potential mine will be low, keeping costs way down.

What’s more, when a system’s topographical layout lines up neatly at the top of a ridge-like Shotgun's, it means the extraction of resource systems in similar conditions is very efficient - there is no need to remove layers of empty waste rock by tentatively stripping the ridge. Instead, one decisively takes the top of the hill in its entirety. Shotgun’s targeted bulk tonnage gold system runs from the very surface down to *at least* a depth of 150m (Open). "Open" means exploration to date has not identified the end of the mineralization from the drilling performed so far.

For the Shotgun Gold Project, Shotgun Ridge is just one of the multiple gold target areas controlled by TNR Gold. "Shot", "King" and "Winchester" add to the collection to form a distinct district with five (5) separate gold exploration targets identified so far. 

The Company started the new exploration program this year and is actively introducing Shotgun Gold to potential partners to decisively drill the entirety of these prospects. The objective of such a partnership would be to expand the known area of mineralisation, define new mineralised areas and conclusively assess the Project’s potential top-end valuation.

We need to bring US$10mln in to drill the project very strongly,” says TNR Gold Executive Chairman Kirill Klip. “The first US$5mln to take the project from the current 700,000-ounce resource up to the two million ounce mark, the rest to drill out five nearby targets. There’s no reason to suppose that our ground cannot hold multiple mineralised systems.”

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.

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