TNR Gold Corp. - News Room - La Carolina Project Exploration Commences

Aug 31, 2010: News Room: 33% Increase in Project Area To 160 Square Kilometres Mariana Lithium Brine Project, Argentina (more...)

Aug 05, 2010: News Room: $1 MILLION DRILL PROGRAM PLANNED MARIANA LITHIUM BRINE PROJECT, ARGENTINA (more...)

Jul 16, 2010: News Room: TNR GOLD ANNOUNCES THE PASSING OF DIRECTOR JOHN FRASER (more...)

Jul 13, 2010: News Room: TNR/ILC JOINT VENTURE PARTNER CRICKET RESOURCES INC. COMPLETES FORGAN LAKE QUALIFYING TRANSACTION (more...)

Jul 07, 2010: News Room: TNR GOLD INCENTIVE STOCK OPTIONS GRANTED (more...)

Jun 25, 2010: News Room: TNR GOLD 2010 ANNUAL GENERAL AND SPECIAL MEETING HELD/PROCEEDS WITH SPINOUT OF INTERNATIONAL LITHIUM (more...)

	January 17, 2007 La Carolina Project Exploration Commences
	TNR Gold Corp. ("TNR") is pleased to announce that exploration has commenced on its La Carolina hydrothermal gold project in the Province of San Luis, Argentina. The exploration program includes soil geochemical surveys, geophysical surveys (IP surveys, CSAMT and magnetometer surveys), geological mapping, rock chip sampling, trench sampling and diamond drilling (2,000m). The program is based on the results of a comprehensive evaluation of the La Carolina Gold District. This evaluation included the digitization of all exploration data, including recently acquired historic data and the interpretation of satellite (ASTER and IKONOS) imagery data to evaluate structural trends and alteration patterns in the District. Eleven (11) high priority targets associated with known gold occurrences and/or highly anomalous gold soil anomalies have been identified. Joint Venture partner Latin American Minerals Inc. ("LAM") is the operator on this project. Three of the targets, Cerro La Virgen, El Corte and La Luisa, are situated within a regional soil geochemical anomaly up to 200m wide and 2,000m long reporting gold in soil values up to 1.2gpt Au, 5.5gpt Au and 1.2gpt Au respectively. Locally, this regional anomaly has seen limited surface sampling that confirmed the gold values found in the soil. El Camino is partially exposed on surface by old workings. In 1988, Argentina's Direccion de Fabricaciones Militares (DGFM) drilled 13 vertical holes on the showing. All of the holes intersected gold mineralization. The best hole intersected 138m averaging 2.5gpt Au and included 25m averaging 4.2gpt Au, 33.9m averaging 1.22gpt Au and 29m averaging 1.44gpt Au. As part of an extensive drill program in 2004, an inclined hole was drilled to confirm the DGFM results and intersected 20m averaging 1.43gpt Au, 34m averaging 0.52gpt Au and 6m averaging 1.41gpt Au. This drilling confirms the existence of an intensely altered gold bearing hydrothermal breccia pipe with chalcedony and pyrite matrix which suggests that the pipe remains open to depth and the true width of the pipe remains to be determined. The Mogote target, located 1,000m south of El Camino, was drilled by DGFM and intersected 3m averaging 59.5gpt Au in the basement rocks in contact with the Tertiary volcanic rocks. This target has not been followed up and remains open at depth and along strike. The La Carolina property is located in the Province of San Luis approximately 85 km south of the capital San Luis. The property is situated at an elevation of 2,000m and covers 4,000 hectares (9,885 acres). La Carolina is a 12km long diatreme-dome complex (Tertiary) with low-sulfidation style disseminated gold/silver mineralization associated with pyrite-silica alteration in heterolithic breccias spatially related to the rims of the diatremes which intrude the Paleozoic basement. The hydrothermal breccias typically are steeply dipping; however, in an abandoned road cut a horizontal breccia body is exposed in the basement rocks which confirms the existence of potentially significant horizontal breccias. In 2005 TNR, with Geocom Resources Inc. ("Geocom"), entered into a joint on the property with LAM on La Carolina and proceeded to stake an adjacent parcel of prospective land, essentially doubling the size of the project. TNR and Geocom each owns 50% of the La Carolina Project. Upon fully vesting by LAM, TNR and Geocom will each hold 12.5%. On Behalf of the Board, Paul Chung, Director The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

	You can view the Next News Room item: Thu Jan 25, 2007, Closing Of Private Placement You can return to the main News Room page, or press the Back button on your browser.