TNR Gold Corp

Published : July 18th, 2008

Commences 3,000 Metre Drill Program at El Tapau

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July 17th, 2008

3,000 METRE DRILL PROGRAM COMMENCES AT EL TAPAU

 

 

TNR Gold Corp. (?TNR?) is pleased to announce that mobilization of equipment and drill site preparation is now completed and a planned 3,000 metre drill program has commenced on its? 70% optioned El Tapau project in Argentina. Over the next 2 to 3 months, this drilling program will test both historic, and newly defined targets resulted from recently conducted geological and geophysical surveys on the property.

 

Exploration work conducted by TNR in 2007 and 2008 on the property included a 3-D IP survey, bedrock mapping, litho-geochemical and soil sampling. Prior to 2007, the previous operator Petra Gold outlined 2500 metres by 1000 metres area of auriferous quartz vein system (lode gold) in the west-central part of the property.  This area is now expanded by TNR to the east and to the west by a further 200 metres as a result of soil and LAG sampling programs that have yielded trace to 548 ppb and trace to 2009 ppb gold, respectively. This area has also been expanded 100 metres further north with the discovery of a quartz vein that returned up to 30.83 g/t gold and over 200 g/t of silver over 4 metres width.

 

A five-hole (633 metres) historical drilling program in 1995 in the northeast corner of the property intersected anomalous to highly anomalous copper mineralization in the porphyry intrusion. Compilation of both historical and current IP data showing that these holes were short of penetrating stronger chargeability anomalies at depth. TNR will test these chargeability anomalies at greater depths and also newly defined gold targets in the current drilling program.

 

The El Tapau copper-gold property, occurring within the eastern Andes (Cordillera Frontal) of the San Juan Province, is strategically located approximately 50 km north-northwest of TNR?s El Salto property hosting copper-molybdenum+/-gold mineralization. Both El Salto and El Tapau are within the ?yellow belt? district of San Juan which hosts the two well-known copper deposits, the El Pachon deposit (724 MT at 0.65% copper) in Argentina, and the Los Pelambres Mine (1487 MT at 0.66% copper) near the Chile-Argentine border (Falconbridge/Xstrata and Antofagasta websites).

 

This news release has been prepared under the supervision of Ike Osmani, P.Geo, TNR's qualified person on this news release.

 

ABOUT TNR GOLD CORP.

 

TNR is a base and precious metals exploration company focused on aggressively identifying new prospective projects as well as fostering work on its large portfolio of 17 properties in Argentina and Alaska. The company?s focus over the next 12 months is the exploration and development of its Eureka, El Salto, and El Tapau in Argentina and Shotgun project in Alaska.

 

 On behalf of the board,

Gary Schellenberg

President

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company?s future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company?s business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

_______________________________

 

Regards,

 

Jerry Huang

Corporate Communications Manager

TNR Gold Corp. (TNR.V)

620-650 West Georgia St

Vancouver BC V6B 4N9

Tel 604-687-7551

Fax 604-687-4670

http://www.tnrgoldcorp.com/

 

 

Data and Statistics for these countries : Argentina | Chile | All
Gold and Silver Prices for these countries : Argentina | Chile | All

TNR Gold Corp

EXPLORATION STAGE
CODE : TNR.V
ISIN : CA87262G1046
CUSIP : 87260X 109
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TNR is a gold development stage company based in Canada.

TNR holds various exploration projects in Argentina.

Its main exploration properties are MOOSE 2, FISH LAKE VALLEY, MUD LAKE BASIN, FORGAN LAKE, NIEMI LAKE, ILLIAMNA - BRISTOL and MAVIS LAKE in Canada, BLACKSTAIRS in Ireland and NORTHERN PROPERTIES, MARIANA (TNR), BATIDERO GOLD, LA CAROLINA, LAS CARACHAS, LA ORTIGA, EL TAPAU, EL SALTO ARGENTINA, EUREKA ARGENTINA, SHOTGUN and LOS AZULES ARGENTINA in Argentina.

TNR is listed in Canada and in United States of America. Its market capitalisation is CA$ 6.7 millions as of today (US$ 5.4 millions, € 4.7 millions).

Its stock quote reached its highest recent level on June 15, 2001 at CA$ 0.85, and its lowest recent point on November 06, 2015 at CA$ 0.01.

TNR has 149 820 000 shares outstanding.

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Financings of TNR Gold Corp
4/18/2008Closes Brokered Private Placement of 9,500,000 Units
Nominations of TNR Gold Corp
10/2/2012. Appoints Greg Johnson To The Board
Project news of TNR Gold Corp
9/13/2012(Shotgun)Intersects 242 Metres of 1.25 g/t Gold on New Geophysical Ta...
7/18/2008(El Tapau)Commences 3,000 Metre Drill Program at El Tapau
6/3/2008(El Salto Argentina)Argentina Exploration Updates
4/18/2008(Los Azules Argentina) Minera Andes Drill 132M or 1.11% Copper at Los Azules
4/15/2008(La Carolina)LATIN AMERICA MINERALS EXERCISES OPTIONS TO ACQUIRE A 75% IN...
3/13/2008(Los Azules Argentina)PROJECT DRILL RESULTS
3/12/2008(Shotgun)REPORT ON ITS SHOTGUN PROJECT ON SEDAR/EUREKA PROJECT UPDATE
2/28/2008(El Salto Argentina)EL SALTO DRILL PROGRAM INCREASED FROM 3,000 METRES TO 10,500...
Corporate news of TNR Gold Corp
7/14/2016TNR Gold Holds 2016 Annual General Meeting
1/5/2016TNR Gold Corp. Announces Restructure of Loan
10/17/2014TNR Gold Corp. and McEwen Mining Inc. Agree to Convert TNR’s...
8/13/2014TNR Gold Corp. Comments on Recent News by McEwen Mining on t...
8/11/2014TNR Gold Acquires Critical Element REE Project in Labrador
6/13/2014TNR Gold Corp. Incentive Stock Options Granted
5/9/2014TNR Gold Holds 2014 Annual General Meeting /Overwhelming Sha...
3/27/2014TNR Gold, Cayden Resources and Garibaldi Resources Featured ...
2/5/2013Finalizes Los Azules Settlement with McEwen Mining
11/12/2012Los Azules Copper Property Lawsuit Against McEwen Mining Set...
11/12/2012Los Azules Copper Property Lawsuit Against McEwen Mining Set...
6/28/2011Advises of Minera Andes Drill Results and Development Update...
6/23/2011Notes Minera Andes Inc.-US Gold Corp. Merger Litigation Upda...
6/16/2011orate Update Post Lithium Spinoff
5/20/2011.: International Lithium Corp. Listing Date
5/12/2011.: International Lithium Corp. Spin-Out Record Date Set
4/8/2011. La Ortiguita Drill Program Expanded By 60%
3/1/2011.: Seabrook Ree Carbonatite Acquired; Sault Ste. Marie, Onta...
7/2/2008Commences Legal Action to confirm Escorpio IV Ownership
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