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Dr. King Schultz

03/03/10 3:42 AM

#223 RE: frankie_fillet #222

Well, seems like there are some legal problems between TNR and Xtrata:

http://www.tnrgoldcorp.com/s/NewsReleases.asp?ReportID=387728

TNR retains a 25 per-cent back-in right to certain of the properties, the terms of which are currently the subject of a legal dispute with Xstrata, which assigned its interest to MAI. A court date is set for the fall of 2010. The Company fully intends on exercising its back-in right to the properties at the appropriate time. In the legal dispute with Xstrata, TNR is also seeking confirmation of its ownership of the Escorpio IV property, which is located adjacent to the Project, and a declaration that the Escorpio IV property is excluded from the Exploration and Option Agreement.