Business
TNR Gold Invites Expressions of Interest for Shotgun Gold Project, Alaska
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2019) - TNR Gold Corp. (TSXV: T...
About this update from Tnr Gold Corp.
[{"type":"text","content":"TNR Gold Invites Expressions of Interest for Shotgun Gold Project, AlaskaVancouver, British Columbia--(Newsfile Corp. - February 28, 2019) - TNR Gold Corp. (TSXV: TNR) (\"TNR\" or the \"Company\") is pleased to announce that it is seeking interested parties to express their interest for a possible partnership on the Shotgun Gold Project in Alaska. Requests for an information package can be sent to [email protected]. Detailed information about the Shotgun Gold Project can be found on the TNR website www.tnrgoldcorp.com.\"The Company's strategy with the Shotgun Gold Project is to attract a partnership with one of the major gold mining companies. TNR is actively introducing the project to interested parties,\" commented Kirill Klip, Executive Chairman of TNR. \"We may be at the beginning of a great discovery. There is a clear path on how to move this project forward using the geological and geophysical research currently available to target drilling to expand the resource and form the basis of a preliminary economic analysis. The next step is to acquire a partner that shares our vision and recognizes the growth potential and value to be added to the Shotgun project over time.\"TNR reported in its news release dated April 22, 2013, an inferred mineral resource estimate 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.On May 30, 2013, TNR filed on SEDAR a Technical Report titled, \"Technical Report on the Shotgun Gold Project, Southwest Alaska\" with an effective date of May 27, 2013, that supports the 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.Figure 1: Cross section through the reso...