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TNR Gold Corp. Files Technical Report on Shotgun Gold Project, Alaska
(via Thenewswire.ca) Symbol: TNR:TSXV CUSIP: #87260X 109 SEC 12g3-2(b): Exemption #82-443...
About this update from Tnr Gold Corp.
[{"type":"text","content":"TNR Gold Corp. Files Technical Report on Shotgun Gold Project, Alaska(via Thenewswire.ca)\n \n \nSymbol: TNR:TSXV\nCUSIP: #87260X 109\nSEC 12g3-2(b): Exemption #82-4434\n\n \n \nVancouver B.C., May 30, 2013: TNR Gold Corp. (the \"Company\" or \"TNR\") has filed on SEDAR a Technical Report (effective date May 27, 2013) supporting the recently completed resource estimate on the Shotgun Gold project in Alaska. Nicholas Van Wyck, Ph.D. CPG of Sisyphus Consulting, an independent qualified person as defined by NI 43-101, is the primary author of the report with Allan Armitage, Ph.D., P.Geol of Geovector Management, also an independent qualified person, responsible for the resource calculation at Shotgun Ridge, an area of gold mineralization located within the Shotgun Gold project.\n\n\n \nTNR reported via a news release dated April 22, 2013 an inferred mineral resource at Shotgun Ridge containing 20,734,313 tonnes with 1.06 grams per tonne (\"g/t\") gold (\"Au\") for a total of 705,960 ounces gold using a 0.5 g/t Au cut-off. The mineralization is clearly open at depth with some potential to extend laterally. The inferred mineral resource disclosed in the Technical Report is consistent with the disclosure of the inferred mineral resource announced in TNR's April 22, 2013 news release. \n\n\n \nThe Company has identified unique geophysical anomalies in magnetics, resistivity and chargeability responses that coincide with the known mineralization and also occurs in areas adjacent to the known mineralization providing several targets for follow-up testing. The report recommends a budget for 8000 metres of drilling, upgraded logistics and camp facilities and additional airborne and ground geophysical surveys. Drilling would focus on testing the newly identified targets and the extents of the known mineralization laterally and at depth.\n\n\n \nABOUT THE SHOTGUN GOLD PROJECT\n\n\n \nTNR holds a 100% interest in the Shotgun property located 190 kilometres south of the Donlin Gold Project deposits within the Kuskokwim Gold Belt in southwestern Alaska. This area is emerging as a world-class, multimillion ounce gold district. The Shotgun property includes a number of prospects, including Shotgun Ridge and nearby Winchester. Donlin Gold is an intrusion-associated system and represents one of the largest undeveloped gold deposits in the world. Th...