Showing posts with label Gary Schellenberg. Show all posts
Showing posts with label Gary Schellenberg. Show all posts

Saturday, September 07, 2013

Agoracom Leadership Series - Gary Schellenberg, Chairman & President TNR Gold TNR.v, ILC.v



  Please do not rely in your investment decisions upon any opinions expressed in this interview, check TNR Gold and International Lithium public filings on Sedar.com, TNR Gold website, International Lithium website and contact the companies for all applicable information. 
Please check our full disclaimer below.



International Lithium Corp., President's Update ILC.v, TNR.v





TNR Gold Corp. Advises of McEwen Mining's Increased Resource Estimate for Los Azules Copper Project TNR.v, MUX







TNR Gold - McEwen Mining's Los Azules Copper Project Continues to Grow! MUX, TNR.v

"Los Azules is a large undeveloped copper porphyry system located in western San Juan Provincewithin a belt of porphyry copper deposits that straddles the Chilean/Argentine border. This belt contains some of the world's largest copper deposits, including Codelco's El Teniente and Andinamines, Anglo American's Los Bronces mine, Antofagasta PLC's Los Pelambres mine and Xstrata'sEl Pachón project, among others. Los Azules is one of the world's largest, highest grade, undeveloped copper-porphyry deposits not owned by a major base metals company."

PI Financial Corp. Engaged as Financial Advisor for Sale of TNR Gold's Back-in Right to the Los Azules Copper Project, Argentina TNR.v, MUX






TNR Gold Corp. Summarizes Settlement of Lawsuit With McEwen Mining regarding Los Azules Copper Property With Questions & Answers TNR.v, MUX.

"TNR Gold's primary focus will be the development of Shotgun Gold deposit in Alaska. All other assets will be advanced based on J/V models or converted into the stakes in the companies developing them and/or royalties attributed to them. Good examples of this strategy implemented would be the spinoff company International Lithium Corp. and the retention of royalties from projects it has generated." 
Kirill Klip, Non-Executive Chairman of TNR Gold, stated, "I welcome the positive resolution of the Los Azules litigation in the out of court settlement between TNR Gold and McEwen Mining. I would like personally to thank Rob McEwen as this resolution is a highly beneficial outcome for both our companies. Removing the uncertainty over the rights to Los Azules will allow the project to now achieve its full potential for the benefit of the shareholders of both TNR Gold and McEwen Mining, and I consider our stake in McEwen Mining as a strategic holding for TNR Gold."  

TNR Gold Surrounds Shotgun Ridge with Mining Claims TNR.v


Please Note our New Legal Disclaimer on the Blog, including, but Not limited to:


There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.


Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.


Enhanced by Zemanta

Tuesday, February 05, 2013

TNR Gold Corp. Finalizes Los Azules Settlement with McEwen Mining TNR.v, MUX


Please Note our New Legal Disclaimer on the Blog



  McEwen Mining has published the new Presentation on January 30, 2013 with the very impressive picture of Los Azules copper project and promising "Another resource estimate next week!" and "New PEA Q3."








TNR Gold: McEwen Mining - Los Azules Copper "Another Resource Estimate Next Week!" TNR.v, MUX





TNR Gold Corp. Finalizes Los Azules Settlement with McEwen Mining


Vancouver B.C., February 05, 2013: TNR Gold Corp. (the "Company" or "TNR") Is pleased to announce that in follow-up to its press release of November 12, 2012, whereby TNR Gold Corp. announced that it and its wholly owned subsidiary, Solitario Argentina S.A. had reached a settlement with McEwen Mining Inc. with respect to the Los Azules Copper Project located in San Juan Province, Argentina, formal documentation and the details pertaining thereto have now been signed and will be filed on SEDAR under TNR's profile at http://sedar.com.

The Company is also pleased to announce that the 1 million shares of McEwen Mining Inc. that form part of the settlement have now been issued (information about McEwen Mining can be found at http://www.mcewenmining.com and on Sedar at http://www.sedar.com). The Company expects that the delivery of the certificates representing such shares will occur upon the transfer of the mineral rights to the Escorpio IV mining tenure to McEwen Mining Inc, which it anticipates will take place later this month.  The shares will be subject to the minimum statutory hold period.

About Los Azules 

The Company has a 25% back-in right in the northern part of the Los Azules property which is exercisable following the completion of a feasibility study.  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%.

The Los Azules copper deposit is located in the San Juan province of Argentina. McEwen Mining Inc. is the current operator on the Los Azules copper deposit and the Company advises that on January 17, 2013, McEwen Mining Inc. issued a press-release in relation to the deposit.  The press release is accessible on Sedar at http://www.sedar.com and on McEwen Mining Inc's website at http://mcewenmining.com.

The press release issued by McEwen Mining Inc. dated January 17, 2013 includes preliminary results from drilling operations on the Los Azules copper deposit for the current exploration season.  McEwen Mining Inc.'s press release appears to have been prepared by qualified persons, but no independent qualified person engaged by TNR Gold Corp. has done sufficient work to analyze, interpret, classify or verify McEwen Mining Inc.'s information to determine the accuracy of 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 subject results and estimates.

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.


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 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. Gangeng Lithium Co. Ltd. is a leading China based, multi-product lithium manufacturer, and strategic partner and investor in ILC.  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.

For further details about the Los Azules settlement, please see our 'Question & Answer' release which can be found in the news section of our website at http://www.tnrgoldcorp.com/s/NewsReleases.asp


On behalf of the board,

Gary Schellenberg
President




 
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Statements in this 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. This news release may contain 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.

*Source Geoscience Reporting Guidelines, National Library of Canada Cataloguing in Publication Data Grant, Brian PGeo, 2003


Please Note our New Legal Disclaimer on the Blog, including, but Not limited to:


There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.


Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.
Enhanced by Zemanta

Sunday, February 03, 2013

TNR Gold Surrounds Shotgun Ridge with Mining Claims TNR.v


    After the Settlement with McEwen Mining on Los Azules Copper TNR Gold is very well positioned to move fast in order to advance its Shotgun Gold project. Co-Founder of NovaGold Gregg Johnson has joined TNR Gold Board last Fall after the exploration results were announced from the property. Now company is staking additional ground around its recent discoveries. New claims holding increases the TNR Gold land position by 4 times to the total of 10,560 acres:

"Extrapolating the known mineralized structures into the area surrounding Shotgun Ridge, the Company identified additional areas where similar mineralization may be present and as a result acquired the mineral rights to these adjacent targets. A portion of future exploration work will be conducted in these new areas beginning by revisiting previously identified gold showings in respect of the new structural models."




TNR Gold: McEwen Mining - Los Azules Copper "Another Resource Estimate Next Week!" TNR.v, MUX





TNR Gold Confirms Down-Dip Mineralization At Shotgun Gold Property In Alaska TNR.v

• Drill hole SR12-58 returns mineralized interval of 83 metres averaging 0.82 grams per tonne gold.
• Included within this interval is 18.35m averaging 2.03 grams per tonne gold (“g/t Au”).
• Drill hole SR12-58 ended in mineralization at a down hole depth of 221 metres
• The gold mineralization at Shotgun Ridge remains open at depth
• Interpretation of new geophysical results opens up prospectivity of additional targets



TNR Gold Extends Mineralized Zones At Shotgun With 209 Metres Of 1.02 g/t Gold TNR.v



• Drill hole SR12-57 returns mineralized interval of 209 metres averaging 1.02 grams per tonne gold.
• Included within this interval is 61.4m averaging 1.53 g/t Au.
• Combined with SR12-56 ( containing a 242m interval with 1.25 grams per tonne gold), the gold mineralization model at Shotgun Ridge is confirmed along strike and down dip
• Drill hole SR12-57 ended in mineralization at a down hole depth of 300 metres (approximately 150m below the topographic surface).



TNR Gold Intersects 242 Metres of 1.25 g/t Gold on New Geophysical Target at Shotgun TNR.v


  • Drill hole SR12-56 returns mineralized interval of 242.22 metres averaging 1.25 grams per tonne gold.
  • Included within this interval is 114.22m averaging 1.84 g/t Au.
  • Hole ended in mineralization at target depth of 293.22 metres.
  • Mineralized zones are open at depth and coincident with geophysical anomalies found in 2011.
  • Assays pending for two more holes.



TNR Gold Surrounds Shotgun Ridge with Mining Claims



Vancouver B.C.: TNR Gold Corp. (the "Company" or "TNR") expanded their land position at the wholly owned Shotgun Gold project in Alaska. A total of 66 mining claims, each 160 acres, were located over and surrounding the Shotgun Ridge prospect for a total of 10,560 acres (4273.48 hectares). Sixteen of these claims were converted from Traditional Claims to MTRSC Mining Claims (meridian, township, range, section and claim) making the area of new acquisitions equal to 8000 acres (3237.48 hectares).

TNR acquired 100% of the Shotgun Ridge prospect in 2010 following a 50/50 joint venture withNovagold Resources Inc. ("Novagold"). The Traditional Claims were located over the Shotgun Ridge deposit and the Company elected to convert these to MTRSC Mining Claims to simplify administration of the land titles in accordance with Senate Bill 175.
Ground geophysical surveys conducted in 2011 and 2012 by TNR helped to identify structural controls on mineralization at Shotgun Ridge. Drill testing in 2012 confirmed the structural model of mineralization with two drill holes returning mineralized intervals in excess of 200 metres, SR12-56 returned 242 metres averaging 1.25 g/t gold and SR12-57 returned 209 metres averaging 1.02 g/t gold (news release dated 10 October 2012).
Extrapolating the known mineralized structures into the area surrounding Shotgun Ridge, the Company identified additional areas where similar mineralization may be present and as a result acquired the mineral rights to these adjacent targets. A portion of future exploration work will be conducted in these new areas beginning by revisiting previously identified gold showings in respect of the new structural models.
The Company is targeting a large tonnage low-grade porphyry system at Shotgun Ridge. Structural repeats, as interpreted from airborne magnetic data and ground geophysical surveys, provide TNR with encouraging targets for future drill testing.
John Harrop, PGeo, FGS, a Qualified Person for TNR Gold Corp. as defined by NI 43-101 has reviewed the technical information contained in this report.


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 subsidiary, International Lithium Corp. (TSX: ILC.V - News), 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. Gangeng Lithium Co. Ltd. Is a leading China based, multi-product lithium manufacturer, and strategic partner and investor in ILC. 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.
For further details on the Shotgun Ridge Project please view the powerpoint presentation at
On behalf of the board,
Gary Schellenberg
President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this 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.

Please Note our New Legal Disclaimer on the Blog, including, but Not limited to:


There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.


Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company

Enhanced by Zemanta

Monday, October 29, 2012

TNR Gold CEO Gary Schellenberg and VP of Exploration John Harrop are interviewed on the Shotgun Gold Project in Alaska TNR.v




As put out by TNR Gold on facebook:

"Still stumped by some of the Geoscience? Listen to our experts unearth some of the mysteries at the Shotgun Gold project in Alaska.

CEO Gary Schellenberg and VP of Exploration John Harrop are interviewed on the the Shotgun Project in Alaska including the latest drill results and the potential of the ridge.
Quote from CEO Mr. Schellenberg:
"Our understanding of this project has changed dramatically. The potential of Shotgun Ridge has greatly increased… With the results of the current two drill holes, a number of new targets have been identified. In addition to Shotgun Ridge, we have still not talked about or done much exploration on the Winchester, Shot or King zones which we believe are satellite deposits which leaves this area of Alaska greatly under-explored but on the same token has great potential."




TNR Gold gears up for upcoming Los Azules trial vs McEwen Mining and Xstrata, boasts success at Alaska Shotgun gold project TNR.v, MUX

"These new documents are providing further information about the state of the pretrial argument advanced by TNR Gold litigators George Macintosh, QC and Sean Hern - partners from Farris. According to the document former CEO of Minera Andes Allen Ambrose will be in a discovery again on September 20th, 2012. Interestingly enough, he has sold 1.7 million worth of McEwen Mining shares in February 2012, before all "problems" in Argentina were announced by Mr McEwen at his conference call in May 2012, but we are sure that it is a pure coincidence if any.

"We guess, that at some stage Mr Allen Ambrose - former CEO of Minera Andes, will be questioned during the Los Azules litigation on what exactly were his intentions explained in his emails presented by TNR Gold litigation counsel in Amended Claim.

Allen Ambrose emails:

24. "Next we should look at our alternatives to take out the Solitario (TNR Gold - S) agreement..."TNR Gold vs Minera Andes (McEwen Mining now) and MIM (Xstrata now). From Page 11 Part 3: Legal Basis http://bit.ly/xhdqag"

  What is at stake in this litigation is very well presented in the latest presentation of McEwen Mining on the pages related to Los Azules. Resource was increased recently to 15.4 billion lb of Copper and Los Azules is among the largest undeveloped copper deposits in the world."




TNR Gold Corp. Appoints Co-Founder Of NovaGold Greg Johnson To The Board TNR.v

"Mr. Johnson has over 25 years of international mining industry experience in corporate finance, project development, and exploration. Mr. Johnson has acted as a director of several Canadian listed development stage resource companies with assets in North America, South America and Africa. Previous roles include President and CEO of South American Silver Corp., co-founder and executive at NovaGold Resources and senior roles in domestic and international exploration for Placer Dome Inc. (now Barrick Gold) including a key role in the discovery and advancement of the 40 million ounce Donlin gold deposit in Alaska."


"Gary Schellenberg, President, CEO commented: "The addition of Mr. Greg Johnson to the board of TNR Gold is the next step towards our commitment to increasing shareholder value. Mr. Johnson's extensive experience in Alaska particularly his involvement at the Donlin gold project adds to the expertise on the board and management to drive TNR's core projects forward. The encouraging results from this year's drill program at the Shotgun property in Alaska are demonstrating the significant scale and potential of the deposit which is an intrusive related system similar in style to the world class Donlin gold deposit. In addition, Mr. Johnson's experience as a senior mining executive in South America will be valuable to advise the board on issues pertaining to the ongoing legal dispute over Los Azules Copper Gold property in Argentina."



Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advise on this blog and there is no solicitation to buy or sell any particular company

Enhanced by Zemanta