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"

  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
Post a Comment