"All TNR Gold projects are getting, finally, the best headlines they deserve.
Now Los Azules Copper and Mariana Lithium - the giant projects containing Copper, Gold, Silver and Lithium - are getting long due recognition by the major industry players. Ruthless and ignorant Mr Market will not be able to continue to ignore the potential value of our NSR Royalty Holdings in these giant projects for much longer.
The magnitude of these giants speaks for themselves. The mining industry recognises the strength and staying power of our Partners: Ganfeng Lithium and Rob McEwen - and you can, finally, put some very exciting numbers after your own research and calculate potential valuations reflecting all announced future developments.
Shotgun Gold is fully packaged and ready to shine with Gold prices confirming the obvious for all our shareholders: every transition like The Switch & rEVolution brings the stress test to the core of the operating status quo system.
Gold becomes the ultimate hedge - Solid Values During Uncertain Times."
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.
Thank you for all your best wishes, congratulations and support of our Company!
I would like to congratulate you as well.
All TNR Gold projects are getting, finally, the best headlines they deserve.
Now Los Azules Copper and Mariana Lithium - the giant projects containing Copper, Gold, Silver and Lithium - are getting long due recognition by the major industry players. Ruthless and ignorant Mr Market will not be able to continue to ignore the potential value of our NSR Royalty Holdings in these giant projects for much longer.
The magnitude of these giants speaks for themselves. The mining industry recognises the strength and staying power of our Partners: Ganfeng Lithium and Rob McEwen - and you can, finally, put some very exciting numbers after your own research and calculate potential valuations reflecting all announced future developments.
Shotgun Gold is fully packaged and ready to shine with Gold prices confirming the obvious for all our shareholders: every transition like The Switch & rEVolution brings the stress test to the core of the operating status quo system.
Gold becomes the ultimate hedge - Solid Values During Uncertain Times.
The great news from Alaska for our shareholder NovaGold and their partner Barrick Gold about the Donlin Gold Project opens the doors for the major Gold mining companies in the world to evaluate their best possible entry point into the potentially largest Gold Mining Camp on the US soil.
My job is to make it happen with TNR Gold participation in this one of the most exciting stories in the mining history for the great State of Alaska to the fullest extent possible.
I am very pleased that our Team is enjoying the new level of recognition for our Royalty Portfolio in the mining industry. We are getting to a new level and Mr Market's attention will follow.
Chart by NorthStar
Those who share my ideas and did their own research are enjoying probably the best entry point after the pandemic scare during this still stealth stage of our launch into the new orbit for most investors and before the wide recognition of our Story by other market participants.
We are not just dreamers. We did it with Copper, Gold and Silver at Los Azules Copper with McEwen Mining. We did it with Lithium at Mariana Lithium with Ganfeng. Both projects are moving into the fast lane of development to feed The Switch and Electric rEVolution.
We have turned the "Pandemic" chapter now.
Los Azules and Mariana Lithium are growing and moving forward.
I would like to make it even better with Shotgun Gold for our Company. We do not need to make ten deals, we have to make just one deal that will be the best for our shareholders. We are talking here about Barrick Gold and NovaGold building the new potentially largest Gold mining camp on US soil.
Now we are ready for this new chapter.
I would like to welcome our new shareholders.
As usual, do your own research and stay safe.
All information is available on the TNR Gold website, SEDAR and SEDI.
Here, on my blog, you can find my personal thoughts about our Company, ungrateful Mr Market and the very bright future ahead of us which we are building now.
Stay tuned, as I will be guiding Mr Market in the right direction when it is legally appropriate.
I believe in Energy. It makes life possible. I personally choose Clean and Green Energy to make life better.
The right frequency brings resonance.
Thank you.
We are building The Green Energy Metals Royalty and Gold Company.
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.
Kirill Klip, Executive Chairman of the Company commented, “I am very pleased to see this 55% increase in measured and indicated resources after the previously announced in 2020 increase of more than 250% in measured and indicated resources from the 2017 resource estimate at Mariana Lithium Project. We extend our congratulations to Ganfeng on the successful approval of the Environmental Impact Report by the Salta regional government in Argentina and granted 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 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 that 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 disclosed in a news release following its discussions with Ganfeng that the likely project expenditure from now to bring the Mariana Project to full production is around US$600 million.
TNR Gold does not have to contribute any capital for the development of Mariana and our NSR Royalty does not depend on the size of ILC’s potentially diluted ownership in the Mariana Project. The 1.8% Mariana NSR Royalty is a very important part of TNR Gold’s portfolio. 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.”
“I am very pleased to see this very exciting and significant development for the Los Azules Copper Project and personal support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encouraging to see the personal commitment from Rob McEwen to advance the rapid development of this giant copper, gold and silver deposit in an appropriate corporate structure which will allow financing and further development of the Los Azules Copper Project.
TNR Gold holds a 0.36% NSR royalty on the entire Los Azules project containing copper, gold and silver metals. TNR Gold does not have to contribute any capital for the development of the Los Azules Copper Project. 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.”
We extend our congratulations today to our TNR Gold shareholder - NovaGold and Barrick Gold - their JV partner on the giant Donlin Gold Project. Alaska's DEC commissioner supports key approval for the proposed Donlin Gold mine:
"JUNEAU — A proposed gold mine in Western Alaska has won a key approval, with a state official rejecting an administrative law judge’s findings that the state Department of Environmental Conservation lacked “reasonable assurance” the project would meet Alaska water quality standards.
Department Commissioner Jason Brune, in a decision Thursday, defended the analyses done by the department’s Division of Water and upheld its issuance of a so-called certificate of reasonable assurance for the Donlin Gold project. Brune said the issuance was supported by “a reasonable basis in law and substantial evidence in the record.” Anchorage Daily News.
As we have discussed, this summer is really getting hot for all TNR Gold Royalty Holdings in Lithium, Copper, Gold and Silver in Argentina, even during the winter season there! Public news is pouring in and now you can better understand what I mean by talking about the might and staying power of Ganfeng Lithium. This giant from China is making headlines and new all-time highs in the markets. Ganfeng Lithium hit 200 CNY price level last week which brings US$41 Billion market cap!
After the announcement by Ganfeng Lithium of the plan to invest US$600 million into the development of Mariana Lithium, we all enjoyed the news about a further 55% increase of Lithium resources at Mariana which is coming on top of previously announced more than 250% increase! Mariana Lithium Project has grown into one of the most important Lithium brine projects in the world.
Now it is very important that Mariana Lithium will be built and as fast as possible to bring us closer to the potential generation of the royalty cash flow for TNR Gold. And Ganfeng brings us this very good news from Argentina about exactly these very exciting developments to start the week on a very positive note.
Ganfeng's subsidiary in Argentina Litio Minera Argentina "received formal approval of the Environmental Impact Report (EIR) for its Lithium-brine Project, Mariana." And now Director of REMSA (Salta Energy Resources and Mines) is discussing the timeline of development for Mariana Lithium:
To give an example, in 60 days the execution of one of the most important projects, which is the litio Mariana project of the Gangfeng firm, which will be used in the construction of around two thousand people, directly and indirectly, will begin. Not only will it invest in Puna but also in General Güemes, in a plant for the processing of lithium carbonate, which is the project of litio Mariana of the company Gangfeng, which will be used in the construction of around two thousand people both directly and indirectly. Not only will it invest in Puna but also in General Güemes, in a plant for the processing of lithium carbonate, which is the project of litio Mariana of the company Gangfeng, which will be used in the construction of around two thousand people both directly and indirectly. Not only will it invest in Puna but also in General Güemes, in a plant for the processing of lithium carbonate. (Translated by Google)
According to Alberto Castillo, Director of REMSA, "in 60 days the execution of one of the most important projects, Mariana Lithium, will begin. We will monitor further developments in Argentina and you can make your own research on the links below.
Those who share my ideas and did their own research are enjoying probably the best entry point after the pandemic scare during this still stealth stage of our launch into the new orbit for most investors and before the wide recognition of our Story by other market participants.
We are not just dreamers. We did it with Copper, Gold and Silver at Los Azules Copper with McEwen Mining. We did it with Lithium at Mariana Lithium with Ganfeng. Both projects are moving into the fast lane of development to feed The Switch and Electric rEVolution.
We have turned the "Pandemic" chapter now.
Los Azules and Mariana Lithium are growing and moving forward.
I would like to make it even better with Shotgun Gold for our Company. We do not need to make ten deals, we have to make just one deal that will be the best for our shareholders. We are talking here about Barrick Gold and NovaGold building the new potentially largest Gold mining camp on US soil.
Kirill Klip, Executive Chairman of the Company commented, “I am very pleased to see this 55% increase in measured and indicated resources after the previously announced in 2020 increase of more than 250% in measured and indicated resources from the 2017 resource estimate at Mariana Lithium Project. We extend our congratulations to Ganfeng on the successful approval of the Environmental Impact Report by the Salta regional government in Argentina and granted 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 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 that 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 disclosed in a news release following its discussions with Ganfeng that the likely project expenditure from now to bring the Mariana Project to full production is around US$600 million.
TNR Gold does not have to contribute any capital for the development of Mariana and our NSR Royalty does not depend on the size of ILC’s potentially diluted ownership in the Mariana Project. The 1.8% Mariana NSR Royalty is a very important part of TNR Gold’s portfolio. 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.”
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.
Thank you for all your best wishes, congratulations and support of our Company!
I would like to congratulate you as well.
All TNR Gold projects are getting, finally, the best headlines they deserve.
Now Los Azules Copper and Mariana Lithium - the giant projects containing Copper, Gold, Silver and Lithium - are getting long due recognition by the major industry players. Ruthless and ignorant Mr Market will not be able to continue to ignore the potential value of our NSR Royalty Holdings in these giant projects for much longer.
The magnitude of these giants speaks for themselves. The mining industry recognises the strength and staying power of our Partners: Ganfeng Lithium and Rob McEwen - and you can, finally, put some very exciting numbers after your own research and calculate potential valuations reflecting all announced future developments.
Shotgun Gold is fully packaged and ready to shine with Gold prices confirming the obvious for all our shareholders: every transition like The Switch & rEVolution brings the stress test to the core of the operating status quo system.
Gold becomes the ultimate hedge - Solid Values During Uncertain Times.
The great news from Alaska for our shareholder NovaGold and their partner Barrick Gold about the Donlin Gold Project opens the doors for the major Gold mining companies in the world to evaluate their best possible entry point into the potentially largest Gold Mining Camp on the US soil.
My job is to make it happen with TNR Gold participation in this one of the most exciting stories in the mining history for the great State of Alaska to the fullest extent possible.
I am very pleased that our Team is enjoying the new level of recognition for our Royalty Portfolio in the mining industry. We are getting to a new level and Mr Market's attention will follow.
Chart by NorthStar
Those who share my ideas and did their own research are enjoying probably the best entry point after the pandemic scare during this still stealth stage of our launch into the new orbit for most investors and before the wide recognition of our Story by other market participants.
We are not just dreamers. We did it with Copper, Gold and Silver at Los Azules Copper with McEwen Mining. We did it with Lithium at Mariana Lithium with Ganfeng. Both projects are moving into the fast lane of development to feed The Switch and Electric rEVolution.
We have turned the "Pandemic" chapter now.
Los Azules and Mariana Lithium are growing and moving forward.
I would like to make it even better with Shotgun Gold for our Company. We do not need to make ten deals, we have to make just one deal that will be the best for our shareholders. We are talking here about Barrick Gold and NovaGold building the new potentially largest Gold mining camp on US soil.
Now we are ready for this new chapter.
I would like to welcome our new shareholders.
As usual, do your own research and stay safe.
All information is available on the TNR Gold website, SEDAR and SEDI.
Here, on my blog, you can find my personal thoughts about our Company, ungrateful Mr Market and the very bright future ahead of us which we are building now.
Stay tuned, as I will be guiding Mr Market in the right direction when it is legally appropriate.
I believe in Energy. It makes life possible. I personally choose Clean and Green Energy to make life better.
The right frequency brings resonance.
Thank you.
We are building The Green Energy Metals Royalty and Gold Company.
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.
Kirill Klip, Executive Chairman of the Company commented, “I am very pleased to see this 55% increase in measured and indicated resources after the previously announced in 2020 increase of more than 250% in measured and indicated resources from the 2017 resource estimate at Mariana Lithium Project. We extend our congratulations to Ganfeng on the successful approval of the Environmental Impact Report by the Salta regional government in Argentina and granted 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 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 that 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 disclosed in a news release following its discussions with Ganfeng that the likely project expenditure from now to bring the Mariana Project to full production is around US$600 million.
TNR Gold does not have to contribute any capital for the development of Mariana and our NSR Royalty does not depend on the size of ILC’s potentially diluted ownership in the Mariana Project. The 1.8% Mariana NSR Royalty is a very important part of TNR Gold’s portfolio. 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.”
“I am very pleased to see this very exciting and significant development for the Los Azules Copper Project and personal support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encouraging to see the personal commitment from Rob McEwen to advance the rapid development of this giant copper, gold and silver deposit in an appropriate corporate structure which will allow financing and further development of the Los Azules Copper Project.
TNR Gold holds a 0.36% NSR royalty on the entire Los Azules project containing copper, gold and silver metals. TNR Gold does not have to contribute any capital for the development of the Los Azules Copper Project. 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.”
We extend our congratulations today to our TNR Gold shareholder - NovaGold and Barrick Gold - their JV partner on the giant Donlin Gold Project. Alaska's DEC commissioner supports key approval for the proposed Donlin Gold mine:
"JUNEAU — A proposed gold mine in Western Alaska has won a key approval, with a state official rejecting an administrative law judge’s findings that the state Department of Environmental Conservation lacked “reasonable assurance” the project would meet Alaska water quality standards.
Department Commissioner Jason Brune, in a decision Thursday, defended the analyses done by the department’s Division of Water and upheld its issuance of a so-called certificate of reasonable assurance for the Donlin Gold project. Brune said the issuance was supported by “a reasonable basis in law and substantial evidence in the record.” Anchorage Daily News.
Kirill Klip, Executive Chairman of the Company commented, “I am very pleased to see this 55% increase in measured and indicated resources after the previously announced in 2020 increase of more than 250% in measured and indicated resources from the 2017 resource estimate at Mariana Lithium Project. We extend our congratulations to Ganfeng on the successful approval of the Environmental Impact Report by the Salta regional government in Argentina and granted 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 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 that 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 disclosed in a news release following its discussions with Ganfeng that the likely project expenditure from now to bring the Mariana Project to full production is around US$600 million.
TNR Gold does not have to contribute any capital for the development of Mariana and our NSR Royalty does not depend on the size of ILC’s potentially diluted ownership in the Mariana Project. The 1.8% Mariana NSR Royalty is a very important part of TNR Gold’s portfolio. 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.”
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.
Vancouver, British Columbia – July 14, 2021: TNR Gold Corp.(TSX-V: TNR) (“TNR”, “TNR Gold” or the “Company”) is very pleased to announce that, further to the Company’s news release dated February 10, 2020, International Lithium Corp. (“ILC”) announced on July 8, 2021 a resource estimate related to the Mariana Lithium Project in Salta Province, Argentina. TNR Gold holds a 1.8% net smelter returns (“NSR”) royalty on the Mariana Lithium Project.
The news release issued by ILC stated:
“The Company has now receiveda 300 page report (the “Report”) from strategic partner Ganfeng Lithium Co. Ltd., (“GFL”) that contains an updated mineral resource estimate for the Mariana lithium brine project (the “Project”) located in Salta, Argentina. This Report was not prepared for public NI43-101 reporting standards, and therefore the Company is unable to disclose it fully. However, in the interests of investor transparency and to avoid selective disclosure, we are disclosing the following details from the Report which have already been disclosed in a news release issued by Ganfeng Lithium on July 6, 2021, and/or in a news release by the Salta Government in Argentina on June 16, 2021.
Highlights from the Report which are already in the public domain are as follows:
The resource estimate contained in the Report, detailed in the table below, includes:
6,854,000 tonnes of lithium carbonate (“Li2CO3“) equivalent (LCE) in the Measured and Indicated Resource categories, an increase of 55% over the 2019 estimate of 4,410,000 tonnes of Measured and Indicated Resource (Company news release, February 6, 2020)
an additional 1,267,000 tonnes of Li2CO3 in the Inferred Resource category
these amounts are also now stated as 7,863,000 tonnes of lithium chloride equivalent in the Measured and Indicated Resource categories, and an additional 1,454,000 tonnes of lithium chloride equivalent in the Inferred Resource category
Ganfeng have reported that an Environmental Impact Report approval has been received from the Salta regional government in Argentina for the construction of a plant with a designed annualized capacity of 20,000 tonnes per annum of lithium chloride.
The Salta regional government has disclosed in a news release following its discussions with Ganfeng that the likely project expenditure from now to bring the Mariana Project to full production is around US$600 million.
Report – Mariana Lithium Brine Project, Argentina
Further to previous Company news releases dated March 8, 2017, April 20, 2017, and February 6, 2020, ILC has received the Report for the Mariana lithium brine project containing an update to the resource estimate for the Project. Golder Associates Consulting Ltd. (“Golder”) prepared the Report based on an independent lithium brine resource estimate by Geos Mining Minerals Consultants (“Geos”) based in Sydney, Australia.
Resource Category
Aquifer Volume (Mm3)
Brine Volume* (GL)
Brine Density (g/mL)
Li
(mg/L)
K
(mg/L)
Li
(kt)
LCE#
(kt)
LiCl#
(kt)
Measured
17,653
2,648
1.217
315
9,598
833
4,436
5,089
Indicated
9,286
1,393
1.213
326
10,044
454
2,418
2,774
Inferred
4,747
712
1.211
334
10,121
238
1,267
1,454
Measured + Indicated
26,939
4,041
1.215
319
9,752
1,287
6,854
7,863
* Brine volumes are reported using a conservative aquifer average specific yield (SY) of 15%. Due to the nature of brine deposits, it is not relevant to estimate Mineral Resources to a specific cut-off grade. However, a nominal grade cut-off value of 230 mg/L Li has been applied for reporting purposes only.
# Based on standard conversion rates, and assumes full extraction and conversion.
LCE = Lithium Carbonate Equivalent; conversion factor 5.324 (Ministry of Energy and Mines, British Columbia, Canada).
LiCl = Lithium Chloride; conversion factor 6.1078
Figures have been rounded. Well efficiency and production efficiency are modifying factors to resources and reserves, respectively.
The Qualified Person who prepared the brine resource estimate in the Report is Llyle Sawyer, MAIG of Geos. The effective date for the estimate is June 4, 2021.
Mineral resources are not mineral reserves as defined by the Canadian Institute of Mining and Metallurgy, and the Company cannot guarantee that the resources reported here will be converted to mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability.”
Kirill Klip, Executive Chairman of the Company commented, “I am very pleased to see this 55% increase in measured and indicated resources after the previously announced in 2020 increase of more than 250% in measured and indicated resources from the 2017 resource estimate at Mariana Lithium Project. We extend our congratulations to Ganfeng on the successful approval of the Environmental Impact Report by the Salta regional government in Argentina and granted 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 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 that 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 disclosed in a news release following its discussions with Ganfeng that the likely project expenditure from now to bring the Mariana Project to full production is around US$600 million.
TNR Gold does not have to contribute any capital for the development of Mariana and our NSR Royalty does not depend on the size of ILC’s potentially diluted ownership in the Mariana Project. The 1.8% Mariana NSR Royalty is a very important part of TNR Gold’s portfolio. 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.”
The ILC press releases and website material appear to be prepared by Qualified Persons and the procedures, methodology and key assumptions disclosed therein are those adopted and consistently applied in the mining industry, but no Qualified Person engaged by TNR has done sufficient work to analyze, interpret, classify or verify ILC’s information to determine the current mineral resource or other information referred to in its press releases. Accordingly, the reader is cautioned in placing any reliance on the disclosures therein.
TNR Gold Corp. is working to become the green energy metals royalty and gold company.
Over the past twenty-five 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 and now holds a 0.36% NSR Royalty on the entire project, which is being developed by McEwen Mining Inc.
In 2009, TNR founded International Lithium Corp. (“ILC”), a green energy metals company that was made public through the spin-out of TNR’s energy metals portfolio in 2011. ILC holds interests in lithium projects in Argentina, Ireland and Canada.
TNR retains a 1.8% NSR Royalty on the Mariana Lithium Project in Argentina. ILC has a right to repurchase 1.0% of the NSR Royalty on the Mariana Lithium 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 in a joint venture between ILC and Ganfeng Lithium International Co. Ltd.
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.
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 significant 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.
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 and ILC’s PEAs, 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. and International Lithium Corp. 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."
This summer is really getting very hot for all our projects despite the winter season in Argentina, as we have discussed in our latest Video update! We are building The Green Energy Metals Royalty and Gold Company and public news is pouring in with the new level of developments on all fronts for all Green Energy Metals and Gold in our very strong portfolio of assets.
Today we extend our congratulations to Ganfeng Lithium and all their Team! Judging by the treatment of Ganfeng Lithium's plans for Mariana Lithium and granted "green light to go" in the record time, the Government of Argentina is ready to address this new chapter for its economy in the most productive, practical and efficient way in order to attract investments and the best companies to build these new industries for the 21st century. Please make no mistake here, we are talking about the future for all proud people of Argentina. This beautiful country can become the Power House for the Energy rEVolution.
Things are finally heating up with all our holdings in Gold, Copper Silver and Lithium to the proper melting point when the true value of our assets will start to shine brightly. Now even ruthless and brutal Mr Market will not be able to ignore it anymore.
And now, Ganfeng is picking up this electric race with their great news delivered by Reuters via NASDAQ that Mariana Lithium Project gets the green light for 20,000 tonnes per year Lithium plant for Mariana Lithium Project in Argentina! You can find more info about Ganfeng Lithium plans to invest US$600 million dollars in the development of the Mariana Lithium Project for your own research on the links below. TNR Gold is holding NSR Royalty on the entire Mariana Lithium Project.
