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"TNR Gold Corp. is employing the project generator model. For those of you who may not know what a project generator model is, a word of explanation is in order. “Project generators” are companies that pick up early stage exploration ground when there are historical or scientific reasons to believe a property is prospective for a given mineral. Because these properties are obtained at an early stage of development, the cost of obtaining them is very low.As a project generator, TNR then uses its intellectual capital rather than hard currency capital to add value to its shareholders. By carrying out relatively low cost early exploration work, it demonstrates with greater confidence, the potential for a given property to host an economically viable mineral deposit. At that point in time, TNR hopes to bring in other companies that are willing and able to spend considerably more money to explore and advance those prospects toward production. TNR will generally retain a carried interest in those prospects into the future or at least a Net Smelter Return on any future production from the property. The prospect generator model is in theory a less risky model because, if other companies are spending considerable amounts of money, they can reduce the number of shares issued to raise capital."

JAY's Watch List has issued a News Letter with update and Interview with CEO of TNR Gold and International Lithium.

Gary Schellenberg has stressed out one more time TNR Gold business model as a project generation company and that it is actively positioning itself for potential strategic partnerships:

"From the conference and our own efforts we are aware of several groups worldwide with significant interests in lithium and have engaged in discussions."

With recent developments in Argentina we have a confirmation for desire of automakers and their trading partners to secure lithium supply on their own and developments in Australia has brought a new potential to Lithium hard rock mining in Canada and Ireland for International Lithium.

We can expect aggressive development in Argentina on Mariana after few rounds of sampling with drilling to follow soon.