TNR Gold Corp

Published : April 18th, 2008

Minera Andes Drill 132M or 1.11% Copper at Los Azules

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April 16, 2008

 

MINERA ANDES DRILLS 132 M OF 1.11% COPPER AT LOS AZULES

 

 Minera Andes Inc. (“MAI”), the operator on the Los Azules property, in which TNR Gold Corp.("TNR") holds a 25% back-in right on the Xstrata Copper (Xstrata") ground, has provided further assay results from several core holes drilled as part of the 2007 and 2008 field season . The best intercept is from Hole AZ-08-33 which encountered 132 metres of 1.11% copper within a larger zone of 250 metres of 0.92% copper. A total of 5,438.34 metres were drilled in 15 vertical core holes during the 2007 and 2008 field season. Four of the 15 holes did not reach target depth due to difficult drilling conditions. Assay results are pending for 10 of these holes. Hole AZ-07-33 was drilled 400 metres southeast of high-grade drill hole AZ-06-20 (173 metres of 1 % copper) within the area of copper mineralization. The upper 73 metres of the hole contained leached cap rocks underlain by high-grade porphyry copper mineralization to 305.8 metres.  This information has been derived from MAI’s news release in Stockwatch dated April 16, 2008. Please refer to this news release for further information. Drill hole AZ-08-33 is located on the portion of the property Xstrata optioned from TNR.

 

In addition to the 25% back in right on Los Azules, TNR holds a strategic position adjacent to the Los Azules project.

 

ESCORPIO IV PROPERTY

 

TNR’s wholly owned Escorpio IV property is adjacent to the eastern border of the Los Azules property, located near the Argentina/Chile border in San Juan province, Argentina. The 2008 exploration program on this property will consist of a 3D IP survey over the southwest portion of the property and is planned to be completed in mid to late 2008. The goal of this program is to define targets for drilling and trenching which we anticipate to be conducted later this year.

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, El Tapau and Escorpio IV properties in Argentina and Shotgun project in Alaska.

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

 

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.

 

For further information, please contact Jerry Huang at 604-687-6551.

 

Regards,

 

Jerry Huang

Investor Relations

TNR Gold Corp. (TNR.V)

620-650 West Georgia St

Vancouver BC V6B 4N9

Tel 604-687-7551

Fax 604-687-4670

www.tnrgoldcorp.com

 

 

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$ 6.0 millions as of today (US$ 4.8 millions, € 4.2 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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