|
|
|---|
Friday, August 21, 2009
TNR Gold/International Lithium Retain Advisors on Lithium-Brine Project in Argentina TNR.v, CZX.v, FMC, SQM, ROC, WLC.v, CLQ.v, RM.v, AVL.to, RES.v,
Posted by andre at 7:03 AM
TNR Gold TNR.v is fast charging its International lithium Corp into Lithium and REE developers rim. Exploration is ongoing on Canadian properties and in Ireland, now it is starting exploration on Mariana Lithium brine in Argentina.
"Management of TNR Gold is talking about International Lithium Corp. as a Lithium and REE global exploration play, moves from Canada past producers next to Avalon Metals to Ireland and Nevada properties. Recent acquired Mariana is:
"Located 120km from nearest town Tolar Grade, Mariana is accessible year round by paved and dirt roads. The Mariana project consists of several contiguous claims over 120 km2 covering the entire salar. Historical sampling reported significant lithium, boron, and potash levels in brines and sediments within the main body of the salar. Salares, or salt lakes, contain minerals dissolved in brines and some include buried layers of evaporite minerals. Four of seven water samples collected in the shallow subsurface over approximately 3 km returned values from 188 to 283 mg/L lithium, and 423 to 698 mg/L boron. This confirms that there are some brines present with concentrations similar to those found at producing salares in North and South America."
With recent financing TNR Gold has got money for development and strategic investor on board with strong cash position, Chinese Tongling backers with deep state pockets and mining building expertise."
"Located 120km from nearest town Tolar Grade, Mariana is accessible year round by paved and dirt roads. The Mariana project consists of several contiguous claims over 120 km2 covering the entire salar. Historical sampling reported significant lithium, boron, and potash levels in brines and sediments within the main body of the salar. Salares, or salt lakes, contain minerals dissolved in brines and some include buried layers of evaporite minerals. Four of seven water samples collected in the shallow subsurface over approximately 3 km returned values from 188 to 283 mg/L lithium, and 423 to 698 mg/L boron. This confirms that there are some brines present with concentrations similar to those found at producing salares in North and South America."
With recent financing TNR Gold has got money for development and strategic investor on board with strong cash position, Chinese Tongling backers with deep state pockets and mining building expertise."
FMC Corp is a major in Lithium space with production from The Salar del Hombre Muerto in the same area in Argentina, following information is for your DD and conclusions:"
GEOS Mining was involved in recent resource caculation of Orocobre Limited in Argentina:
"Orocobre Limited Announces Maiden Resource Estimate at its Olaroz Lithium Potash Project in Northwest Argentina
04/29/2009
Orocobre Limited announced a maiden resource estimate at its Olaroz lithium-potash project in Jujuy province, northwest Argentina. Geos Mining of Sydney declared an inferred mineral resource of 350m kL of brine at 800g/kL lithium and 6,600g/kL potassium. This is equivalent to 1.5m tones of lithium carbonate and 4.4m tones of potash (potassium chloride) based on 5.32 tones of lithium carbonate being equivalent to 1 tone of lithium and 1.91 tones of potash being equivalent to one tone of potassium. The resource estimate extends to an average depth of 55m and is based on data collected from a 22-hole core drilling program (including six hydro geological test work monitoring bores) and brine sampling program completed between September and December 2008."
TNR Gold/International Lithium Retain Advisors on Lithium-Brine Project in Argentina
Press Release
Source: TNR Gold Corp.
On Friday August 21, 2009, 9:58 am EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 21, 2009) - TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR - News) and wholly-owned International Lithium Corp. ("ILC") are pleased to announce GEOS Mining Mineral Consultants of Sydney, Australia have been contracted as advisors for the exploration and development program on TNR's 100% optioned Mariana project in Argentina. The first phase exploration and development program will commence at the end of August with planned completion in late October 2009. Upon completion of this phase of the program, a 43-101 report will be prepared enabling TNR to initiate the previously announced spin-off of International Lithium Corp.
GEOS Mining is an Australian geological consultancy company specializing in the preparation of commodity resource estimations, which are recognized by stock exchanges around the world. GEOS Mining is one of the few geological consulting companies in the world with experience in lithium resource calculations from brines.
Press Release
Source: TNR Gold Corp.
On Friday August 21, 2009, 9:58 am EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 21, 2009) - TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR - News) and wholly-owned International Lithium Corp. ("ILC") are pleased to announce GEOS Mining Mineral Consultants of Sydney, Australia have been contracted as advisors for the exploration and development program on TNR's 100% optioned Mariana project in Argentina. The first phase exploration and development program will commence at the end of August with planned completion in late October 2009. Upon completion of this phase of the program, a 43-101 report will be prepared enabling TNR to initiate the previously announced spin-off of International Lithium Corp.
GEOS Mining is an Australian geological consultancy company specializing in the preparation of commodity resource estimations, which are recognized by stock exchanges around the world. GEOS Mining is one of the few geological consulting companies in the world with experience in lithium resource calculations from brines.
ABOUT THE MARIANA PROJECT
The Mariana project, a lithium-boron salar, is accessible year round by paved and dirt roads located 120 kilometres west of Tolar Grande in Salta province, Argentina. Historical sampling has reported significant lithium, boron, and potash levels in brines and sediments within the main body of the salar. Salares, or salt lakes, contain minerals dissolved in brines and some include buried layers of evaporite minerals. Salares host some of the largest known lithium and boron resources in the world. Lithium can be produced from economical grade brines pumped directly from Salares without need for the costly and time consuming process of mine construction. The project consists of several contiguous mineral claims over 120 square kilometres covering the entire salar, which extends over 12 kilometres north-south and 10.5 kilometres east-west.
Mr. John Harrop is the Company's qualified person on the project as required under NI 43-101 and has reviewed the technical information contained in this press release.
ABOUT TNR AND ILC
TNR is a diversified metals exploration company focused on identifying and exploring existing properties and new prospective projects globally. TNR has a total portfolio of 32 projects, of which 16 will be included in the proposed spin-off of International Lithium Corp.
It is anticipated that TNR shareholders of record will receive one share and one full tradable warrant of International Lithium Corp. for every 4 shares of TNR held as of the yet determined record date. This will result in TNR shareholders owning shares in both TNR and International Lithium. For further details of the spin-off please refer to TNR's April 27, 2009 news release or visit http://us.lrd.yahoo.com/_ylt=AuB8p7vtOg5TWd.NsERvgNetcq9_;_ylu=X3oDMTE2NjRmOGl1BHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDaHR0cHd3d2ludGVy/SIG=11907bp0b/**http%3A//www.internationallithium.com/.
The recent acquisition of lithium projects in Argentina, Canada, USA and Ireland confirms the Company's commitment to project generation, market diversity and building shareholder value.
On behalf of the board,
Gary Schellenberg, President"
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment