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$1 MILLION DRILL PROGRAM PLANNED MARIANA LITHIUM BRINE PROJECT, ARGENTINA
$1 MILLION DRILL PROGRAM PLANNED MARIANA LITHIUM BRINE PROJECT, ARGENTINA
About this update from Tnr Gold Corp.
[{"type":"text","content":"\n$1 MILLION DRILL PROGRAM PLANNED MARIANA LITHIUM BRINE PROJECT, ARGENTINA\n\n\n Aug. 5, 2010 (TheNewswire.ca) -- Vancouver B.C.: TNR Gold Corp. (TSXV:TNR) (\"TNR\") and wholly-owned International Lithium Corp. (\"ILC\")(jointly the \"Company\") are pleased to announce the plan for the forthcoming drill program at the Mariana lithium brine project in northwestern Argentina.Key Highlights:-$1 million drill program planned at Mariana commencing fourth quarter 2010; and-Constructing drill access road network and locating 20 person camp to site in September.\"The Mariana project has the ability to rapidly advance and we are preparing for exciting developments through the next year\" Gary Schellenberg, President of TNR Gold Corp. states. \"Observations to date continue to support the potential of the project and we remain fully committed in this endeavor\".Mariana Drill ProgramThe Company is planning to initiate a $1 million drill program for fourth quarter 2010 on the Mariana lithium brine property in Argentina. The goals include a) geochemical characterization of the subsurface brine across different zones within the basin, b) identification of the stratigraphy for a geological model of the salar, and c) identification and characterization of the aquifer potential of the basement of the salar. The Company's intent is to utilize this drill program as a first step towards a resource classification of the brine.Non Executive Chairman Kirill Klip states: \"We are encouraged with recent developments in the lithium market place and increased investor awareness about this opportunity to participate in building supply chains for electrification of our transportation. Recent exploration activities within the sector have attracted the attention from major participants among battery makers, car manufacturers and Asian trading houses. Upon completion of the ILC spinoff, the company will be in a strong position to develop its assets, capitalize on strategic opportunities, expand its market presence and leverage its profile with lithium end users.\"As a preparatory phase, the Company will be locating a 20 person camp at site and commencing construction on the drill pad network across the Mariana salar in September.About the Mariana ProjectThe Mariana project, a lithium-boron-potassium salar, consists of several contiguous mineral claims coverin...