TNR Gold Corp. Advises of McEwen Mining's Developments at Los Azules Copper Project TNR.v, MUX

Update April 7th, 2013.

Insiders continue to accumulate TNR Gold:

As of 11:59pm ET April 6th, 2013
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Price
Apr 5/13	Apr 4/13	Listov, Alexander	Direct Ownership	Common Shares	10 - Acquisition in the public market	60,000	$0.070
Apr 5/13	Apr 3/13	Listov, Alexander	Direct Ownership	Common Shares	10 - Acquisition in the public market	33,000	$0.070
Mar 22/13	Mar 21/13	Listov, Alexander	Direct Ownership	Common Shares	10 - Acquisition in the public market	192,000	$0.070
Mar 22/13	Mar 20/13	Listov, Alexander	Direct Ownership	Common Shares	10 - Acquisition in the public market	23,000	$0.070
Mar 22/13	Mar 19/13	Listov, Alexander	Direct Ownership	Common Shares	10 - Acquisition in the public market	15,000	$0.070
Mar 20/13	Mar 15/13	Listov, Alexander	Direct Ownership	Common Shares	10 - Acquisition in the public market	20,000	$0.070

  McEwen Mining has produced very encouraging results from the new metallurgical testing from Los Azules Copper project. According to McEwen Mining, economics of the project will be improved now in the number of areas and, particularly, heap leaching will allow to process the very substantial additional low grade material from this potentialy one of the largest in the world Copper mines in the development. New PEA is under way now and this project only promises to get better with every new announced drill hole.

Catalyst: TNR Gold - McEwen Mining poised for production increase MUX, TNR.v

"Shorts are not feeling comfortable with McEwen Mining any more. Stock is forming the Double Bottom Reversal on the technical side and fundamentals should support this development further now. At the end of February the total short position was reported at the magnitude of 29 million shares, it will be the fuel to clear the 3 dollar level now. As you know, we are particularly interested in Los Azulesand TNR Gold's Back-In Right into that World Class Copper project. It will be the next Catalyst for both companies. At the moment market is pricing Los Azules at almost zero for both companies. Any positive developments over there will ignite the short covering rally in McEwen Mining and will reposition TNR Gold valuation in the market place as well.

  Things we are looking forward to: San Juan province glacier audit to be finished on Los Azules after Barrick's Pascua Lama has received green light and moved ahead. New drill results from the Northern Part of Los Azules, where TNR gold has its Back-In Right and new metallurgy tests working on the heap leaching of the lower grade Copper at Los Azules, which could increase the total amount of the recoverable copper and improve even more the economics of this project.

  Any new developments with the prospective buyers for Los Azules will change all the picture overnight. BMO is marketing the project now and we are expecting the research analysts to put their valuations on the Los Azules very soon as well. TNR Gold's Back-In Right independent research valuation could be out next. In the latest PDAC 2013 McEwen Mining presentation on the link below Los Azules Copper project is presented in its full glory and definitely deserves your attention, among other assets of McEwen Mining and TNR Gold."

TNR Gold Corp. Advises of McEwen Mining's Developments at Los Azules Copper Project

Vancouver, British Columbia -- Mar 14, 2013 -- TNR Gold Corp. ("TNR", "TNR Gold" or the "Company")advises that McEwen Mining Inc. (NYSE:MUX, TSX:MUX) ("McEwen Mining") has issued a news release dated 13 March, 2013 in relation to the Los Azules Copper Project in San Juan Province, Argentina. TNR holds a 25% back-in right, exercisable upon the completion of a feasibility study, on the northern part of the Los Azules property.

The news release issued by McEwen Mining summarizes recent results of metallurgical tests and the potential for these alternative process methods to have a positive impact on the economics of the project. It is available at http://www.mcewenmining.com and on SEDAR at http://www.sedar.com. TNR encourages its shareholders to read the press release issued by McEwen Mining to gain a better understanding of the work performed and the potential impacts this will have on the project. McEwen Mining's press release appears to be prepared by a qualified person and the procedures, methodology and key assumptions disclosed therein are those adopted and consistently applied in the mining industry, but no Qualified Person engaged by TNR Gold Corp. has done sufficient work to analyze, interpret, classify or verify McEwen Mining's information to determine the current mineral reserve or resource or other information referred to in the press release. Accordingly, the reader is cautioned in placing any reliance on the disclosures therein.

In their news release, McEwen Mining announced positive results from metallurgical studies that focused on:

1. Flotation optimization.
2. Pressure oxidation on flotation concentrate, and
3. Testing of low grade material for suitability in a heap leach.

In addition, McEwen Mining announced they have begun work on an updated Preliminary Economic Assessment, which they expect to complete in the third quarter of this year.

Kirill Klip, Non-Executive Chairman of TNR, stated, "Having read the news release issued by McEwen Mining I am particularly pleased with how the reported results reflect efforts being made to improve the economic outlook of the Los Azules project. In time we will see the true value of this remarkable asset revealed and I look forward to that day coming soon."

John Harrop, PGeo, FGS, is a "Qualified Person" as defined under NI 43-101 and has reviewed and approved the technical content of this news release.

About Los Azules 

The Los Azules copper project is located in San Juan, Argentina. It is one of the largest undeveloped copper projects in the world. The Los Azules porphyry system occurs within a belt of porphyry copper deposits known as the Andean Porphyry Belt that straddles the Chilean/Argentine border and contains some of the world's largest copper deposits.

TNR Gold retains a "back-in" right on the Los Azules project, currently 100% owned by McEwen Mining. The back-in right is for up to 25% of the equity in certain claims comprising the northern portions of Los Azules.  The right is exercisable upon the completion of a feasibility study. TNR must pay two (2) times the expenses attributable to the back in percentage (ie. Paying 2 x 25% all of the costs attributable to the claims comprising the northern portion of the property). If the Company elects to back-in for 5% or less or has its interest diluted to 5% or less, TNR will receive a net smelter royalty of 0.6%.

TNR Gold's back-in right applies to those properties subject to an Exploration and Option Agreement originally signed by Solitario Argentina S.A. (a subsidiary of TNR Gold) and M.I.M. Argentina Exploraciones S.A. on May 15, 2004 (as amended) (the "Property").

About TNR Gold Corp.

Over the past twenty-one years TNR, through its lead generator business model, has been successful in generating high quality exploration projects around the globe. With the Company's expertise, resources and industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand its project portfolio.

TNR's recently listed subsidiary, International Lithium Corp. (TSX:ILC.V), demonstrated the successful application of TNR's business model in which TNR shareholders benefited from a unit distribution upon spin-out of TNR's lithium and rare metals projects. TNR remains a large shareholder in ILC at 25.5% of outstanding shares.

At its core, TNR provides significant exposure to gold and copper through its holdings in Alaska and Argentina; and teamed with the recent acquisitions of rare-earth elements and iron ore projects in Canada confirm TNR's commitment to continued generation of in-demand projects, while diversifying its markets and building shareholder value.

On behalf of the board,

Gary Schellenberg

President

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