Business

TNR Gold chairman Kirill Klip discusses asset valuations, the gold price and project developments

(NewsDirect) TNR Gold Corp executive chairman Kirill Klip discusses the company's strateg...

articleTnr Gold Corp.April 15, 20243/company/tnr-gold-corp/news/tnr-gold-chairman-kirill-klip-discusses-asset-valuations-the-gold-price-and-project-developments
TNR Gold chairman Kirill Klip discusses asset valuations, the gold price and project developments

About this update from Tnr Gold Corp.

[{"type":"text","content":"TNR Gold chairman Kirill Klip discusses asset valuations, the gold price and project developments\n \n \n (NewsDirect)\n \n \n \n \n TNR Gold Corp executive chairman Kirill\nKlip discusses the company's strategic moves and upcoming projects\nwith Proactive's Stephen Gunnion.\n \n \n Klip highlighted the purchase of over 6 million shares under its\nnormal course issuer bid program, underscoring the management's\nbelief that the current share price does not reflect the true value of\nthe company's assets. He referenced a report from Fundamental\nResearch Corp., which set a price target of 22 cents per share.\n \n \n Additionally, Klip noted significant\nprogress in TNR Gold Corp's projects, including the Shotgun Gold\nProject in Alaska, which benefits from rising gold prices and\npromising drill results. The project's inferred gold reserves\nstand at over 700,000 ounces, with potential for resource expansion\nthrough further drilling.\n \n \n Klip also\ndiscussed how Ganfeng Lithium is advancing its Mariana Lithium\nProject, scheduled to start production in 2024, marking a significant\nstep as TNR Gold Corp transitions to a green energy metals royalty\ncompany. This project will provide the company's first cash flow\nfrom NSR royalty payments without requiring capital contributions.\n \n \n Furthermore, Kirill discussed the Los Azules Copper Project in\nArgentina, highlighting meetings with the new Argentine president and\npotential project implications under new economic policies. The\nproject's expected outputs could significantly increase TNR Gold\nCorp's revenue streams from NSR royalties.\n \n \n \n Contact\nDetails\n \n \n \n v\n \n \n +1 604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2024 TheNewswire - All rights reserved.\n \n \n","length":2220,"tagName":"div"}]

More updates from Tnr Gold Corp.