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TNR Gold Corp

Publié le 28 février 2008

EL SALTO DRILL PROGRAM INCREASED FROM 3,000 METRES TO 10,500 METRES

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Mots clés associés :   Copper | Precious Metals |

 
Stock Exchange: TSX Venture Exchange
Symbol: TNR
CUSIP: #87260X 109
SEC 12g3-2(b): Exemption #82-4434
 
February 28, 2008
 

EL SALTO DRILL PROGRAM INCREASED FROM 3,000 METRES TO 10,500 METRES
 

TNR Gold Corp. (�TNR�) is pleased to announce the addition of a second drill on its� 100% optioned El Salto Project, which will increase its drill program from 3,000 metres to 10,500 metres. The second drill is planned to be on the property within 30 days. TNR has now completed 1,610 metres of drilling at El Salto, which is located in the San Juan province, Argentina.
 
�We are just at the beginning of a major drill program at our El Salto project� commented TNR�s President and CEO Gary Schellenberg. �Our main focus of this program is to focus on several well defined, chargeability anomalies delineated by a recent 3D IP survey and coincidental geochemical anomalies �.
 
The first three drill holes, which are spread across an area of high and moderate chargeability anomalies and the porphyry intrusion, span an area of 750 metres thus creating a fence of holes on the north end of the property. All 3 holes have been drilled at minus 60 degree dip and 050 degree azimuth. The first drill hole (ES-07-01) ended at a depth of 391.4 metres along the northeastern margin of the porphyry intrusion. The hole tested moderate chargeability anomalies and intersected variably mineralized (pyrite, chalcopyrite +/- molybdenite) breccias, porphyry dikes and altered/deformed metasedimentary country rocks across its entire length. The second drill hole (ES-08-02) ended at a depth of 601 metres, near the southwestern margin of the porphyry intrusion, and tested high chargeability anomalies coincident with molybdenum and copper anomalies. This hole is also variably mineralized with pyrite, chalcopyrite +/- molybdenite from top to bottom. The third drill hole (ES-08-03) ended at a depth of 467.6 metres and was located between holes 1 and 2 and tested the existence of a deep-seated porphyry feeder system. The porphyry was intercepted at the depth of 314.25 metres. The potassically altered intrusive contains both disseminated molybdenite and chalcopyrite mineralization as well as in veinlets. Hole 3 ended in the strong potassic alteration and mineralization. Assay results are pending for holes 1, 2 and 3.
 
The fourth drill hole (ES-08-04) is presently at a depth of 150 metres and is located approximately one kilometre to the south of drill hole ES-07-01. It is designed to test high chargeability anomalies. The remaining holes will be drilled to a minimum of 500 metres depth, testing both weak and strong chargeability anomalies with the coincident known and unknown copper and molybdenum geochemical anomalies on surface. This drill program is to be completed by early June 2008.
 
EL SALTO PROPERTY
 
The El Salto property, consisting of 3,300 hectares in the San Juan Province, is located within the �Yellow Belt� district of San Juan which hosts the two well-known copper deposits, the El Pachon Deposit (724 MT @0.65% Cu) in Argentina, and the Los Pelambres Mine (1487 MT @0.66% Cu) near the Chile-Argentine border (Falconbridge/Xstrata and Antofagasta web sites).
 
ABOUT TNR GOLD CORP.
 
TNR Gold Corp. 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 16 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 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
604-687-7551
1-800-667-4470
 

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.
 
 
 
 

 

TNR Gold Corp

EXPLORATEUR
CODE : TNR.V
ISIN : CA87262G1046
CUSIP : 87260X 109
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TNR est une société développant des projet miniers d'or basée au Canada.

TNR détient divers projets d'exploration en Argentine.

Ses principaux projets en exploration sont MOOSE 2, FISH LAKE VALLEY, MUD LAKE BASIN, FORGAN LAKE, NIEMI LAKE, ILLIAMNA - BRISTOL et MAVIS LAKE au Canada, BLACKSTAIRS en Irlande et NORTHERN PROPERTIES, MARIANA (TNR), BATIDERO GOLD, LA CAROLINA, LAS CARACHAS, LA ORTIGA, EL TAPAU, EL SALTO ARGENTINA, EUREKA ARGENTINA, SHOTGUN et LOS AZULES ARGENTINA en Argentine.

TNR est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 6,7 millions CA$ (5,4 millions US$, 4,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 15 juin 2001 à 0,85 CA$, et son plus bas niveau récent le 06 novembre 2015 à 0,01 CA$.

TNR possède 149 820 000 actions en circulation.

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Financements de TNR Gold Corp
18/04/2008Closes Brokered Private Placement of 9,500,000 Units
Nominations de TNR Gold Corp
02/10/2012. Appoints Greg Johnson To The Board
Projets de TNR Gold Corp
13/09/2012(Shotgun)Intersects 242 Metres of 1.25 g/t Gold on New Geophysical Ta...
18/07/2008(El Tapau)Commences 3,000 Metre Drill Program at El Tapau
03/06/2008(El Salto Argentina)Argentina Exploration Updates
18/04/2008(Los Azules Argentina) Minera Andes Drill 132M or 1.11% Copper at Los Azules
15/04/2008(La Carolina)LATIN AMERICA MINERALS EXERCISES OPTIONS TO ACQUIRE A 75% IN...
13/03/2008(Los Azules Argentina)PROJECT DRILL RESULTS
12/03/2008(Shotgun)REPORT ON ITS SHOTGUN PROJECT ON SEDAR/EUREKA PROJECT UPDATE
28/02/2008(El Salto Argentina)EL SALTO DRILL PROGRAM INCREASED FROM 3,000 METRES TO 10,500...
Communiqués de Presse de TNR Gold Corp
14/07/2016TNR Gold Holds 2016 Annual General Meeting
05/01/2016TNR Gold Corp. Announces Restructure of Loan
17/10/2014TNR Gold Corp. and McEwen Mining Inc. Agree to Convert TNR’s...
13/08/2014TNR Gold Corp. Comments on Recent News by McEwen Mining on t...
11/08/2014TNR Gold Acquires Critical Element REE Project in Labrador
13/06/2014TNR Gold Corp. Incentive Stock Options Granted
09/05/2014TNR Gold Holds 2014 Annual General Meeting /Overwhelming Sha...
27/03/2014TNR Gold, Cayden Resources and Garibaldi Resources Featured ...
05/02/2013Finalizes Los Azules Settlement with McEwen Mining
12/11/2012Los Azules Copper Property Lawsuit Against McEwen Mining Set...
12/11/2012Los Azules Copper Property Lawsuit Against McEwen Mining Set...
28/06/2011Advises of Minera Andes Drill Results and Development Update...
23/06/2011Notes Minera Andes Inc.-US Gold Corp. Merger Litigation Upda...
16/06/2011orate Update Post Lithium Spinoff
20/05/2011.: International Lithium Corp. Listing Date
12/05/2011.: International Lithium Corp. Spin-Out Record Date Set
08/04/2011. La Ortiguita Drill Program Expanded By 60%
01/03/2011.: Seabrook Ree Carbonatite Acquired; Sault Ste. Marie, Onta...
02/07/2008Commences Legal Action to confirm Escorpio IV Ownership
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