WELCOME TO TNR GOLD CORP. http://www.tnrgoldcorp.com/s/Home.asp
TNR Gold Corp. (TSX-V: TNR) is a mineral exploration company actively pursuing a portfolio of gold and copper containing properties worldwide. Our primary focus is in exploration and development of our Shotgun gold project in Alaska.
TNR's strategy is to strengthen its assets through partnerships with mid-tier and major companies, and establish long-term cash flow through royalty interests and project development.
In addition to TNR's strong portfolio of projects we have a proven joint venture model that successfully listed a lithium developer International Lithium Corp. with the backing of a large Chinese lithium partner (Ganfeng Lithium). With rising energy demands and increased reliance on lithium ion technology from hybrid and electric vehicles to portable devices, Green Energy is the trend of the future and these acquisitions are the first of many progressive steps for TNR in becoming a prominent metal and mineral exploration company.
Update May 9th, 2013:
"The Company has been exploring options to finance construction of El Gallo 2. The preferred alternative is a sale of Los Azules. The sales process began mid-January and final bids are due late Q2. The Company has investigated other alternatives should the sale Los Azules not proceed. This includes debt, equity and equipment leasing. An update will be provided in Q2."
Los Azules Copper Project, Argentina (100%)
Los Azules is one of the world's largest and highest grade undeveloped copper porphyry deposits. This drill seasons exploration program, with a budget of $25 million, was completed in April.McEwen Mining has begun work on an updated Preliminary Economic Assessment (PEA), which is expected to be completed in Q3 this year. The updated PEA will be based on a significantly larger mineral resource. It will evaluate the possibility of (1) increasing the daily throughput; (2) producing copper cathode instead of a concentrate and (3) processing low-grade mineralized material not previously considered, via a heap leach. The advantage of being able to produce a copper cathode is that it would eliminate the contemplated slurry pipeline through Chile and would reduce Argentina's current export tax on concentrate."