TNR Gold Corp highlights "very impressive" intercept from McEwen Los Azules Copper
London, UK
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August 15, 2023 08:00 AM Eastern Daylight Time
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) Executive Chairman Kirill Klip speaks to Thomas Warner from Proactive London to speak about the latest results from the 2022/23 drill campaign at the Los Azules Copper Gold Project.
Klip says that the campaign is yielding exceptional results, including what he calls a "very significant intercept" of 386 m of 0.66% Cu, including 196 m of 0.99% Cu. He highlights the project's backing from major players like Rio Tinto and European automaker Stellantis, which invested over $150 million.
He also highlights the focus by Rob McEwen and his team at McEwen Copper on making the Project as green as possible in its design, which includes measures to reduce water usage, to reduce electricity consumption by 70%, and to cut emissions by half compared to previous PEA estimates made in 2017.
Klip also touched on potential TNR Gold Los Azules Copper royalty valuation, mentioning that future drill holes demonstrating substantial copper values would further enhance royalty potential. He also reiterates TNR Gold's commitment to maximising shareholder value, as underscored by a share buyback program and a shareholder rights plan.
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