TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) said it is continuing a strategic review as the Canadian royalty and exploration company fields increased merger-and-acquisition interest across its portfolio of lithium, copper and gold assets. Executive chairman Kirill Klip said TNR is positioning itself as a “gateway to the green energy revolution and gold stability,” with a business model focused on royalty income from projects operated by major mining groups.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) executive chairman Kirill Klip talked with Proactive about the latest developments at the company, following McEwen Copper's announcement that its Los Azules copper project in Argentina has joined the country's Large Investment Incentive Regime. Klip said the inclusion marks a “major milestone” for TNR Gold's green energy metals, royalty, and gold business, paving the way for the upcoming feasibility study and potential construction decision.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) announced that McEwen has released a positive Feasibility Study for the Los Azules copper, gold, and silver project in San Juan, Argentina. TNR holds a 0.4% net smelter returns royalty (NSR royalty) on the project, including 0.04% on behalf of a shareholder.
| Metals & Mining Industry | Materials Sector | Mr. Kirill Klip M.B.A., MBA CEO | OTC PINK Exchange | CA87262G1046 ISIN |
| US Country | - Employees | - Last Dividend | 25 Jun 2003 Last Split | - IPO Date |
TNR Gold Corp. is a company focused on the acquisition, exploration, and evaluation of mineral properties. With a particular concentration on gold, copper, silver, and lithium deposits, it signifies a diverse approach toward mining and exploration endeavors. Since its inception in 1988, TNR Gold Corp. has committed itself to uncovering and developing valuable mineral resources. The company's strategic focus and exploratory activities are pivotal in identifying potentially lucrative mining opportunities. Headquartered in Vancouver, Canada, TNR Gold Corp. leverages its geographic positioning and expertise to manage and expand its project portfolio across various locations, with significant interests in southwestern Alaska and Argentina.
This project represents TNR Gold Corp.'s venture into gold mining, wherein the company holds a 90% interest. Located in southwestern Alaska, the Shotgun Gold Project is an advanced exploration endeavor aiming to explore and develop the potential gold deposits in the area. This project highlights the company’s commitment to gold as a core component of its mineral exploration strategy.
As part of its diverse portfolio, TNR Gold Corp. maintains royalty interests in the Los Azules Copper Project situated in Argentina. This involvement signifies the company's interest in copper mining operations and its strategy to benefit from the copper market through royalty agreements. Such interests allow TNR to generate revenue without bearing the operational costs associated with active mining.
Acknowledging the rising demand for lithium, primarily driven by the electric vehicle industry, TNR Gold Corp. has strategically positioned itself in the lithium market through royalty interests in the Mariana Lithium Project, also located in Argentina. This indicates the company’s foresight into the growing significance of lithium and its applications in renewable energy and technology sectors.