Today, we have the great opportunity to listen to Rob McEwen discussing the latest drilling results from the giant Los Azules Copper, Gold and Silver Project in Argentina. TNR Gold shareholders can learn more about the project and its progress in advancing to the feasibility study.
I found it very interesting to better understand the latest developments with the Lundin Mining Group's copper projects in Argentina and their comparison to the Los Azules Copper Project.
Rob discusses in detail the bold pro-business reforms in Argentina and how they positively affect Los Azules Project's economics. The discussion goes into Rob's insights into Copper and Gold markets and the latest trends in mining industries.
"Today you can better understand the idea of Green Copper and why I believe that Argentina has everything to become the Power House of the Tesla Energy rEVolution. Rob McEwen presents his truly extraordinary vision for the world's first regenerative Green Copper mine at Los Azules in Argentina."
The news release issued by McEwen Mining on August 8, 2024, stated:
“McEwen Copper Inc., 48.3% owned by McEwen Mining Inc. (NYSE, TSX), is pleased to comment on the excitement in Argentina that includes:
Infill Drill Highlights:
AZ24375: 217 meters of 1.11 % Cu, incl. 100 meters of 1.32 % Cu
AZ24335: 158 meters of 0.84 % Cu, incl. 78.5 meters of 1.10 % Cu
AZ24403: 276 meters of 0.86 % Cu, incl. 160 meters of 0.96 % Cu
AZ24320: 146 meters of 0.89 % Cu
AZ24332: 119.6 meters of 0.72 % Cu
- Remarkable new legislation introduced by President Milei to encourage large domestic and foreign investments in the country;
- A US$4.4 Billion transaction led by BHP, the world’s largest mining company, and Lundin Mining to acquire two copper deposits located in the same province in Argentina as Los Azules;
- At Los Azules, infill drilling during the 2023-24 season upgraded the resource categories, validated the geological model and confirmed the high-grade zone. Resource drilling for the Los Azules Feasibility Study is now complete, and the study remains on track for delivery in early 2025.
Powered by Tesla Energy rEVolution: TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
“We are building The Green Energy Metals Royalty and Gold Company. 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.
“Since our initiating report in September 2023, TNR’s royalty projects have made significant progress,” the analysts wrote in a report. “TNR is up 40% since September 2023.” (Emily Jarvie)
Alastair Ford: TNR Gold’s Recent Rejection of a Takeover Bid From Lithium Royalty Has Shone a Spotlight on the Value of Its Royalty and Exploration Portfolio
TNR Gold Los Azules NSR Royalty: McEwen Copper Is Planning The World's First Regenerative Green Copper Mine in Argentina
Today you can better understand the idea of Green Copper and why I believe that Argentina has everything to become the Power House of the Tesla Energy rEVolution. Rob McEwen presents his truly extraordinary vision for the world's first regenerative Green Copper mine at Los Azules in Argentina.
"Goldman Sachs is talking about Copper price reaching $6.8 per lb driven by the deficit in the market. "If Copper goes to $6 per lb it will put a few smiles on the faces of people around here", Rob explains. "There is a large gap between supply and demand is developing according to Goldman Sachs. And if China comes back on stream, they are the big buyer of Copper... so we could see that number. I will be very happy as Los Azules is projected to be producing copper at $1.7 per lb."
“Since our initiating report in September 2023, TNR’s royalty projects have made significant progress,” the analysts wrote in a report. “TNR is up 40% since September 2023.” (Emily Jarvie)
"As I wrote before, if TNR Gold can do one thing well, it's to identify underappreciated assets and squat on them until pop hype and fanfare wake up the hatchling within. But there’s a certain poetry to this business model; TNR must be warmed in turn by those looking for underappreciated assets, so participating in this type of venture requires a certain kind of paternal patience, no matter the blizzard coming." (Konstantin Klip)
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