TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) Executive Chairman Kirill Klip joins Thomas Warner from Proactive London to speak about the latest news from several of the projects that the green energy metals royalty and gold company is involved with. He starts by discussing the recently-announced shareholder rights plan that he says is intended to ensure fair treatment for all shareholders and showcase TNR's commitment to maximising shareholder value.
He also provides an update on progress at the Mariana Lithium Project in Argentina, which he describes as promising and says production is estimated to begin next year and will provide the first revenue stream from royalty projects. Klip goes on to address the new Preliminary Economic Assessment for the McEwen Los Azules Copper Project in Argentina, saying that the team are "firing on all cylinders" at the project. With a possible royalty valuation of over USD $30 million, TNR Gold shareholders could stand to benefit significantly.
Moreover, TNR Gold also holds a royalty on the Batidero Properties of Josemaria that is a large-scale copper-gold Project developed by Lundin MIning, where Klip says he expects new drill results to demonstrate additional growth potential for the company's royalty portfolio. Lastly, TNR Gold's Shotgun Gold Project in Alaska aims to strike a strategic partnership with major gold players like Barrick Gold, potentially leading to a spin-out of the project to enhance shareholder value.
Proactive Investors USA