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TNR Gold Corp ("TNR") presently has two projects in Alaska which are the Shotgun/Winchester project and the Iliamna project, held under TNR Gold's wholly owned subsidiary, Bristol Explorations Co., Inc. ("Bristol").
Bristol was incorporated in the state of Alaska and will focus on developing and exploring the Iliamna, Shotgun, and various Alaskan ventures. It has completed a $75,000 geochemical sampling program on Iliamna and results are pending. This survey is deep looking and designed to be used in conjunction with existing geophysics for drill targeting.
TNR believes this new corporate structure will allow for enhanced shareholder value and focus on mineral exploration in Argentina and other areas of interest in South America. It will also allow them to participate in future developments in Alaska with its interest in Bristol, especially given the recent interest in the Iliamna region.
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