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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...)
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| | July 12, 2007 Exploration Program has Commenced on the El Salto Property
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| | TNR Gold Corp. ("TNR") is pleased to announce that it has commenced a 3D IP survey on the El Salto property located in the western San Juan Province, Argentina. El Salto is a copper-molybdenum porphyry system containing pyrite, chalcopyrite, chalcocite, bornite, molybdenite and a variety of copper oxides and carbonates. A drill program is planned to test targets on the property after the completion of the IP program. The area to be surveyed is 5 km by 1.5 km in size and covers an area of geochemically anomalous copper, molybdenum and gold.
The 3300-hectare El Salto property is situated in Precordillera area of the eastern Andes, at an altitude of approximately 1600 m. A 1975 exploration program conducted by the Argentina government's San Juan Mining Office concluded that this area has the signature of a copper-molybdenum porphyry system. It appears to be one of a series of similar systems within what is known as the "Yellow Belt" district of San Juan Province. Examples of mines within in area are the El Pachón copper mine development project situated in Argentina less than 5 kilometres from the Chilean border with measured and indicated resources of 724 million tonnes grading 0.65% copper (Falconbridge web site) and the Los Pelambres is a major copper mine in Chile approximately 2 km from the Argentine border with proved and probable reserves of 1.49 billion tonnes grading 0.66% copper (Antofagasta web site).
The Company is earning a 100% interest in the project by making cash and exploration expenditures of US $1,100,000 over 5 years.
Mr. John Fraser, Director of TNR, is a Qualified Person under NI43-101, and has reviewed the content of this news release.
On Behalf of the Board,
Gary Schellenberg,
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. |
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| | You can view the Next News Room item: Thu Aug 30, 2007, Acquisition And Exploration Of The El Tapau Gold Project, Argentina
You can view the Previous News Room item: Tue Jun 12, 2007, Commences Drilling On La Carolina Gold Project, Argentina
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