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FORGAN LAKE PROGRAM CONFIRMS HISTORICAL RESULTS AND IDENTIFIES NEW TARGETS
Jan. 19, 2011 (TheNewswire.ca) -- Vancouver B.C.: TNR Gold Corp. (TSXV:TNR) ("TNR") and whol...
About this update from Tnr Gold Corp.
[{"type":"text","content":"\nFORGAN LAKE PROGRAM CONFIRMS HISTORICAL RESULTS AND IDENTIFIES NEW TARGETS\n\n\n Jan. 19, 2011 (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 that Cricket Resources Inc. (TSXV:CKC) (\"Cricket\") has received final results of the 2010 exploration program on the Forgan Lake rare metals property in Northwestern Ontario. \n\nCricket is the operator of the Forgan Lake joint venture on which it has an option to acquire an undivided 60-per-cent interest in the property from TNR Gold Corp. An exploration program implementing phase I recommendations of the 2010 Forgan Lake property NI 43-101 technical report was conducted during September, 2010.\n\nPresident of TNR, Gary Schellenberg adds, \"We are encouraged by the confirmation of the historical results and the successful delineation of priority lithium and rare metals' drill targets at a time when these commodities are at a heightened demand. In addition, the 2010 field program revealed markedly anomalous results in areas not associated with any previously identified pegmatites adding to the prospectivity of the project. True to the TNR business model we have continued to create value through identification of projects and bringing in capable joint venture partners to develop them.\"Key Highlights:-106 channel and grab samples collected from pegmatites;-Significant values were found in five of the six known pegmatite bodies;-754 soil samples collected on 23.3 kilometres of grid;-Anomalous patterns of beryllium, cesium, lithium, tantalum and tin were identified in soils;-Some of the soil anomalies appear to derive from previously unknown targets.Analytical results of rock samples were considered significant when Li2O was greater than 0.5 per cent, Ta2O5 was greater than 100 parts per million or Rb2O was greater than 500 parts per million. Values lower than these may be geochemically anomalous. The attached table lists significant composite channel samples (62 channel samples were collected from pegmatites 1, 3, 5 and 6).ROCK SAMPLE RESULTS\n\n---------------------------------------------------------------------\n|Samples |Width (m)|Li2O (wt%)|Ta2O5 (ppm)|Rb2O (ppm)|Region |\n|-------------------------------------------------------------------|\n|E462563, 64|...