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Located in the Kuskokwim Gold district of western Alaska, Iliamna is a copper-gold porphyry target with size potential. In 2003, two discovery holes intersected highly anomalous gold and copper in intrusive and metamorphic rocks. The geologic environment encountered and style of mineralization are indicative of a gold-enriched porphyry copper deposit, similar to the Pebble deposit, presently undergoing development fifty miles to the east of Iliamna.

TNR and Geocom are currently negotiating the final terms on a fair ownership split for the Illiamna Property.