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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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| | January 14, 2010
TNR Provides Update on Los Azules Copper Project
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| | Vancouver B.C.: TNR Gold Corp. ("TNR" or the "Company") is pleased to provide the following update on the status of its Los Azules project located in the San Juan Province of western central Argentina.
Minera Andes Inc. ("MAI") announced yesterday that they commenced a diamond drill program of approximately 8,800 metres at the Los Azules project. Please refer to MAI's news release dated January 12, 2010 for further details on the exploration program.
The Los Azules project is an advanced exploration project currently reporting a National Instrument 43-101 compliant Inferred Resource. 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.
ABOUT TNR GOLD CORP
TNR is a diversified metals exploration company focused on exploring existing properties and identifying new prospective projects globally. TNR has a portfolio of 18 active projects, of which 9 will be included in the proposed spin-off of International Lithium Corp. For further details of the spin-off please refer to TNR's April 27, 2009 news release or visit http://www.internationallithium.com
The recent acquisition of lithium, other rare metals and rare-earth elements projects in Argentina, Canada, USA and Ireland confirms the company's commitments to generating projects, diversifying its markets, and building shareholder value.
On behalf of the Board,
Gary Schellenberg - President |
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