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Old 09-13-2012, 09:51 AM   Nav to Top  #1
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Default TNR GOLD (TNR.V) ANNOUNCES 242 METRES AVERAGING 1.25 g/t GOLD AT SHOTGUN

TNR GOLD (TNR.V) On watch today


News - ANNOUNCES 242 METRES AVERAGING 1.25 g/t GOLD AT SHOTGUN http://ow.ly/dGs27
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Old 09-27-2012, 09:49 AM   Nav to Top  #2
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Default TNR Gold (TNR.V) Extends Mineralized Zones At Shotgun With 209 Metres Of 1.02 g/t Gol

TNR Gold (TNR.V) Extends Mineralized Zones At Shotgun With 209 Metres Of 1.02 g/t Gold

Watch Video: http://bit.ly/UZWoeT

VANCOUVER, British Columbia, Sept. 27, 2012 /PRNewswire/ -- TNR Gold Corp. (the "Company") is pleased to announce assay results from the second hole of the 2012 drilling program on the Shotgun gold project in Alaska. Drill hole SR12-57 returned 209 metres averaging 1.02 grams per tonne gold across the full length of the targeted porphyry system. These results include several higher-grade intercepts that confirm the Company's model of mineralization where elevated gold values occur in repeating structural features through the Shotgun Ridge area.
•Drill hole SR12-57 returns mineralized interval of 209 metres averaging 1.02 grams per tonne gold.
•Included within this interval is 61.4m averaging 1.53 g/t Au.
•Combined with SR12-56 (containing a 242m interval with 1.25 grams per tonne gold), the gold mineralization model at Shotgun Ridge is confirmed along strike and down dip.
•Drill hole SR12-57 ended in mineralization at a down hole depth of 300 metres (approximately 150m below the topographic surface).

Drilling Results

Diamond drill hole SR12-57 was drilled at the same orientation as SR06-43, approximately 35m to the southwest (SR06-43 was previously reported to contain 210 metres averaging 1.3 g/t Au). SR12-57 was one of three drill holes drilled in 2012 to test continuation of the mineralized zones encountered in 06-43 along strike and to depth. 12-57 is the first drill hole in a fence below 06-43 and together enhances the Company's understanding of the controls on gold mineralization at Shotgun Ridge.

Three zones are identified by more intense brecciation and increased gold grades within the porphyritic intrusive and correlate well between all 2012 drill holes. These new results, combined with those previously released for SR12-56, significantly reinforce confidence in the specific orientation of the higher-grade southwest dipping mineralized zones and provide a basis for future drill targeting. The strongest mineralization encountered in hole SR12-57 is coincident with interpreted geophysical anomalies. The hole, drilled at a 45 degree angle down the side of the ridge, ended in mineralization at a down hole depth of 300m which is approximately 150m below the topographic surface.








From


To


Width


Au g/t




Entire intrusive


91.00


300.00


209.00


1.02





















including (SW-zone)


91.00


148.00


57.00


1.24




which includes


91.00


131.00


40.00


1.49





















including (NE-zone)


170.45


300.00


128.60


1.04




which includes


220.00


281.40


61.40


1.53




containing


244.00


276.00


32.00


1.72


Cross section and plan map images showing SR12-57 and SR06-43 are available on the Company's website http://www.tnrgoldcorp.com/i/pdf/TNR...012_Public.pdf or to view the latest summary video of this news release please select the following TNR_VitralNetworkNews

Drill targeting was aided by geophysical surveys conducted in 2011. The IP/Resistivity surveys were successful in identifying the position of important, mineralization controlling structures and contacts. The geophysical surveys were expanded in 2012. The Company believes that the new drill results confirm the orientation of these key structures and the correlation with geophysical anomalies provide a clear targeting method for continued drill programs and future resource delineation.

"We are encouraged by the uniformity of gold grades across the reported intersections and that the averages are not supported by narrow, high grade intervals. The results build on the success of the 2011 geophysical surveys, and establish an exploration method that can locate buried targets at the Shotgun property. This is a key step in being able to apply geophysical results from 2012 to planning for the next season of exploration," comments John Harrop, VP Exploration

"The positive results from this year's drilling have significantly elevated the projects' potential and is a major turning point in the exploration at Shotgun Ridge. A previous interpretation of the mineralization at Shotgun showed limited room for expansion. Confirmation of our new model greatly increases the size potential of Shotgun and opens up a number of new zones that will be tested next season," Gary Schellenberg, President and Executive Chairman."

About the Shotgun Gold Project

TNR holds a 100% interest in the Shotgun property located 175 kilometres south of Donlin Creek within the Kuskokwim Gold Belt in southwestern Alaska. This area is emerging as a world-class, multimillion ounce gold district. The Shotgun property includes a number of prospects, including Shotgun Ridge and nearby Winchester. Donlin is an intrusion-associated system and represents one of the largest undeveloped gold deposits in the world. The Company believes that there are several key similarities between prospects on the Shotgun property and that of the Donlin Creek gold deposit as well as other important intrusion-associated deposits.

Analytical work was conducted by Inspectorate (A Bureau Veritas Group Company) with prep work performed in their Fairbanks Alaska facility. Fire assay with ICP-ES finishing was conducted by Acme Analytical laboratories (A Bureau Veritas Group Company) in Vancouver, Canada. Samples with greater than 10 g/t Au were automatically reanalysed using fire assay with a gravimetric finish. Both of these laboratories are ISO 9000 certified and in addition Acme has ISO 17025 certification. TNR Gold inserts certified reference materials and blanks in a quality control procedure that follow industry current best practices.

John Harrop, PGeo, FGS, a Qualified Person for TNR Gold Corp. as defined by NI 43-101 has reviewed the technical information contained in this report.

About TNR Gold Corp.

Over the past twenty-one years TNR, through its lead generator business model, has been successful in generating high quality exploration projects around the globe. With the Company's expertise, resources and industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand its project portfolio.

TNR's recently listed subsidiary, International Lithium Corp. (TSX:ILC.V), demonstrated the successful application of TNR's business model in which TNR shareholders benefited from a unit distribution upon spin-out of TNR's lithium and rare metals projects. Gangeng Lithium Co. Ltd. Is a leading China based, multi-product lithium manufacturer, and strategic partner and investor in ILC. TNR remains a large shareholder in ILC at 25.5% of outstanding shares.

At its core, TNR provides significant exposure to gold and copper through its holdings in Alaska and Argentina; and teamed with the recent acquisitions of rare-earth elements and iron ore projects in Canada confirm TNR's commitment to continued generation of in-demand projects, while diversifying its markets and building shareholder value
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Old 10-10-2012, 07:42 AM   Nav to Top  #3
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Default TNR.V - Gold Confirms Down-Dip Mineralization At Shotgun Gold Property In Alaska

TNR.V - Gold Confirms Down-Dip Mineralization At Shotgun Gold Property In Alaska


Concluding Drill Hole Returns 83 Metres of 0.82 Grams per Tonne Gold in Southwest Zone


VANCOUVER, British Columbia, Oct. 10, 2012 /PRNewswire/ -- TNR Gold Corp. (the "Company") (TSXV: TNR) is pleased to announce assay results from the third and final hole of the 2012 drilling program on the Shotgun gold project in Alaska. Drill hole SR12-58 returned 83 metres averaging 0.82 grams per tonne gold across the full length of the southwest zone within the Shotgun Ridge porphyry system. These results include a higher-grade intercept of 2.03 grams per tonne gold over 18.35 metres at the top intrusive contact and an average grade of 1.14 grams per tonne gold over 46.55 metres within the southwest mineralized zone. Of particular significance is the consistent thickness and grade of the southwest zone encountered in all three of the 2012 drill holes. The northeast zone was not tested as the hole ended in disseminated gold mineralization at 221 metres. Elevated gold grades at the end of hole indicate proximity to the northeast zone, which is also open at depth.

•Drill hole SR12-58 returns mineralized interval of 83 metres averaging 0.82 grams per tonne gold.
•Included within this interval is 18.35m averaging 2.03 grams per tonne gold ("g/t Au").
•Drill hole SR12-58 ended in mineralization at a down hole depth of 221 metres
•The gold mineralization at Shotgun Ridge remains open at depth
•Interpretation of new geophysical results opens up prospectivity of additional targets

2012 Drilling Results

Diamond drill hole SR12-58 was drilled from the same location as SR12-57 with a steeper dip angle. (Table 1 shows the collar locations and orientations of the 2012 drill holes). DDH SR12-58 was designed to test the down dip extent of mineralized zones intersected in previous drill holes. SR12-58 confirmed the mineralization encountered in the southwest zone in all three previous drill holes but did not reach the target depth of the anticipated northwest mineralized zone. The hole ended in mineralization at a depth of 220.98 metres.

Table 1: Location and orientation of the 2012 diamond drill holes and SR06-43 at Shotgun Ridge.





DDH


Easting (NAD27)


Northing (NAD27)


Azimuth


Dip (degrees)


Total Depth (m)




SR06-43


548322


6697139


025


-46


294.13




SR12-56


548288


6697177


025


-45


293.22




SR12-57


548303


6697112


025


-45


300.00




SR12-58


548303


6697112


025


-67


220.98


The mineralization intersected in SR12-58 is similar to the southwest zone encountered in drill holes 06-43, 12-56 and 12-57. Each of these holes has a core-mineralized interval between 46 m and 57 m in length with average grades over one gram gold per tonne (Table 2). There is a correlation between resistivity and chargeability modelled data that suggests these mineralized zones in addition to continuing to greater depth and along strike, are also repeated in a faulting controlled pattern to the northwest and southeast of the mineralization currently defined at Shotgun Ridge.

The Company believes the style of mineralization and thicknesses encountered are significant and the deposit remains open to expansion at depth. Based on a clearly defined mineralization model, interpretation of 3D geophysics and the existence of elevated gold grades at the bottom of SR12-58, the depth extension of the northeast zone is now a high-priority drill target for future exploration programs.

A Model for Exploration and Discovery

Geophysical interpretation supports the idea that mineralization at Shotgun Ridge continues down dip and future exploration will focus on testing these targets. Ground based, 3D resistivity and IP surveys have demonstrated they are able to identify target areas, several of which have not yet been drill tested. Coupled with airborne magnetic surveys, the Company has identified a series of targets that repeat through structural displacement in much the same way as at Donlin Gold project (previously named Donlin Creek).

"The mineralization style observed at Shotgun Ridge bears a strong resemblance to the 40 million ounce deposit at the Donlin Gold project operated by Barrick and NovaGold," stated recently appointed director Greg Johnson, "The similar age and host intrusive rocks suggest that, with continued exploration, there is significant potential to locate larger volumes of mineralization in and around Shotgun Ridge."

"We are continuing to analyse data acquired in 2012, which in conjunction with historic data is contributing to refining an exploration strategy designed to maximize the chances for success in defining bulk-mineable gold deposits within the Shotgun project area." comments John Harrop, VP Exploration.

Continued exploration at the Shotgun project will include regional reconnaissance efforts such as airborne magnetic and electromagnetic surveys that may help to identify other prospective areas and to provide a better understanding of targets in the Shot, King and Winchester areas where gold mineralization is already known to occur. Geochemical and geophysical surveys were highly effective during exploration phases at Donlin Gold and will be expanded at Shotgun in conjunction with additional structural mapping.

"Our first priority is to expand on the mineralization encountered at Shotgun Ridge targeting a multi-million ounce bulk mineable gold deposit. Newly defined geophysical and geochemical targets suggest the potential of identifying additional Donlin Gold style targets," Gary Schellenberg, President and CEO.



Table 2: Significant assay results from the 2012 drilling campaign.





Drill Hole





From


To


Width


Au g/t




SR12-56 (previously reported)


Entire intrusive


51.00


293.20


242.20


1.25



























Including (SW-zone)


55.50


104.35


48.85


1.02



























Including (Mid-zone)


135.00


159.20


24.20


0.85



























Including (NE-zone)


179.00


293.22


114.22


1.84







Containing


186.00


242.00


68.00


2.05







which includes


203.90


226.00


22.10


2.86







And containing


264.30


277.45


13.15


3.12
























SR12-57 (previously reported)


Entire intrusive


91.00


300.00


209.00


1.02



























including (SW-zone)


91.00


148.00


57.00


1.24



























including (NE-zone)


170.45


300.00


128.60


1.04







Containing


220.00


281.40


61.40


1.53







And containing


244.00


276.00


32.00


1.72
























SR12-58


SW-Zone


106.00


189.00


83.00


0.82







Containing


106.00


152.55


46.55


1.14







which includes


106.00


124.35


18.35


2.03






















Cross section and plan map images for the 2012 drilling are available on the Company's website, http://www.tnrgoldcorp.com

About the Shotgun Gold Project


TNR holds a 100% interest in the Shotgun property located 175 kilometres south of The Donlin Gold deposit within the Kuskokwim Gold Belt in southwestern Alaska. This area is emerging as a world-class, multimillion ounce gold district. The Shotgun property includes a number of prospects, including Shotgun Ridge and nearby Winchester. Donlin Gold is an intrusion-associated system and represents one of the largest undeveloped gold deposits in the world. The Company believes that there are several key similarities between prospects on the Shotgun property and that of the Donlin Gold project deposit as well as other important intrusion-associated deposits.

Analytical work was conducted by Inspectorate (A Bureau Veritas Group Company) with prep work performed in their Fairbanks Alaska facility. Fire assay with ICP-ES finishing was conducted by Acme Analytical laboratories (A Bureau Veritas Group Company) in Vancouver, Canada. Samples with greater than 10 g/t Au were automatically reanalysed using fire assay with a gravimetric finish. Both of these laboratories are ISO 9000 certified and in addition Acme has ISO 17025 certification. TNR Gold inserts certified reference materials and blanks in a quality control procedure that follow industry current best practices.

John Harrop, PGeo, FGS, a Qualified Person for TNR Gold Corp. as defined by NI 43-101 has reviewed the technical information contained in this report.

About TNR Gold Corp.

Over the past twenty-one years TNR, through its lead generator business model, has been successful in generating high quality exploration projects around the globe. With the Company's expertise, resources and industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand its project portfolio.

TNR's subsidiary, International Lithium Corp. (TSX:ILC.V), demonstrated the successful application of TNR's business model in which TNR shareholders benefited from a unit distribution upon spin-out of TNR's lithium and rare metals projects. Gangeng Lithium Co. Ltd. Is a leading China based, multi-product lithium manufacturer, and strategic partner and investor in ILC. TNR remains a large shareholder in ILC at 25.5% of outstanding shares.

At its core, TNR provides significant exposure to gold and copper through its holdings in Alaska and Argentina; and teamed with the recent acquisitions of rare-earth elements and iron ore projects in Canada confirm TNR's commitment to continued generation of in-demand projects, while diversifying its markets and building shareholder value.

On behalf of the board,

Gary Schellenberg
President

Video News on youtube - http://bit.ly/On0tIW
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Old 10-10-2012, 12:31 PM   Nav to Top  #4
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Great video, does a good job explaining everything going on in the news release. Thanks StockMountie!
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Old 10-10-2012, 02:22 PM   Nav to Top  #5
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Im hoping these guys bounce, they have in the past.
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Old 10-29-2012, 04:49 PM   Nav to Top  #6
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Ran into this Podcast that TNR recently put out: Still stumped by some of the Geoscience? Listen to our experts unearth some of the mysteries at the Shotgun Gold project in Alaska.

Podcast: http://bit.ly/QQyMXK


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."
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Old 11-13-2012, 08:56 AM   Nav to Top  #7
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Default TNR Gold Corp (TNR.V) Los Azules Copper Property Lawsuit Against McEwen Mining Settle

Los Azules Copper Property Lawsuit Against McEwen Mining Settled


TNR's 25% Right to Back-In at Feasibility Restored


VANCOUVER, British Columbia, Nov. 12, 2012 /PRNewswire/ -- TNR Gold Corp. ("the Company") (TSXV: TNR) is very pleased to announce that TNR Gold Corp. and its wholly owned subsidiary, Solitario Argentina S.A. (together, "TNR") have reached a settlement with McEwen Mining Inc. which resolves the outstanding litigation with respect to the Los Azules Copper Project located in San Juan Province, Argentina ("Los Azules").

The settlement restores a 25% back-in right to TNR which is exercisable following the completion of a feasibility study. The back-in right allows TNR to back-in for 25% of the northern part of the Los Azules property, which McEwen Mining has said contains the largest share of the known resource at Los Azules.

In addition, TNR receives an industry standard Net Smelter Royalty of 0.6% and 1 million shares in McEwen Mining (information about McEwen Mining can be found at http://www.mcewenmining.com and on Sedar at http://www.sedar.com). The Net Smelter Royalty is over the northern portion of the property and is triggered if TNR chooses to back-in for 5% or less or is diluted below 5%. In return, TNR will discontinue its claims and transfer to McEwen Mining the mineral rights to a property called Escorpio IV.

Kirill Klip, Non-Executive Chairman of TNR Gold, stated, "I welcome the positive resolution of the Los Azules litigation in the out of court settlement between TNR Gold and McEwen Mining. I would like personally to thank Rob McEwen as this resolution is a highly beneficial outcome for both our companies. Removing the uncertainty over the rights to Los Azules will allow the project to now achieve its full potential for the benefit of the shareholders of both TNR Gold and McEwen Mining, and I consider our stake in McEwen Mining as a strategic holding for TNR Gold."

ABOUT TNR GOLD CORP.

Over the past twenty-one years TNR, through its lead generator business model, has been successful in generating high quality exploration projects around the globe. With the Company's expertise, resources and industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand its project portfolio.

TNR's recently listed subsidiary, International Lithium Corp. (TSX:ILC.V), demonstrated the successful application of TNR's business model in which TNR shareholders benefited from a unit distribution upon spin-out of TNR's lithium and rare metals projects. TNR remains a large shareholder in ILC at 25.5% of outstanding shares.

At its core, TNR provides significant exposure to gold and copper through its holdings in Alaska and Argentina; and teamed with the recent acquisitions of rare-earth elements and iron ore projects in Canada confirm TNR's commitment to continued generation of in-demand projects, while diversifying its markets and building shareholder value.

On behalf of the board,
Gary Schellenberg President – TNR Gold Corp.

Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements. In particular, there are no assurances that the Company will receive other unsolicited proposals or decide to commence a formal sale process or that, if commenced, such sale process would result in an attractive offer and sale of the Company. There are no assurances that the Company will achieve a favourable outcome in the Los Azules litigation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Old 11-14-2012, 01:29 PM   Nav to Top  #8
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TNR came came out with this interview of CEO Gary Schellenberg addressing the Los Azules Property McEwen Mining Lawsuit. Make sure to watch it - http://bit.ly/RD21hb
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Old 11-19-2012, 03:06 PM   Nav to Top  #9
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TNR Golds 2012 Annual General Meeting Held / Overwhelming Shareholder Support For Management And Board Of Directors

Source: http://bit.ly/QpZdai

Vancouver B.C.: TNR Gold Corp. ("TNR" or the "Company") held its Annual General Meeting on November 16, 2012 and is pleased to announce that all resolutions proposed in the information circular were passed. In addition, all agenda items, as outlined in the circular, were approved and all directors standing for election were re-elected. The Directors for the ensuing year will consist of Mr. Gary Schellenberg, Mr. Kirill Klip, Mr. Paul Chung and Mr. Greg Johnson.


Mr. Gary Schellenberg was reappointed President and Chief Executive Officer. Mr. Kirill Klip was appointed Non Executive Chairman of the Board and will directly support and advise the Chief Executive Officer of the Company. Mr. Paul Chung was reappointed Secretary and Mr. Jerry Bella was reappointed Chief Financial Officer. Mr. John Harrop was reappointed Vice President of Exploration and Mr. Antony Kovacs was appointed Chief Operating Officer.


"Approximately 69 million shares, or 47% of the outstanding shares, were voted with an overwhelming support from the shareholders for the direction Management and the Board of Directors are taking the Company" comments Gary Schellenberg.
The Company also announces 400,000 incentive stock options have been granted to a director of the Company. The options are exercisable at $0.10 per share for a period of five years, subject to regulatory approval. The options are subject to a four month hold period.

ABOUT TNR GOLD CORP.

Over the past twenty-one years TNR, through its lead generator business model, has been successful in generating high quality exploration projects around the globe. With the Company's expertise, resources and industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand its project portfolio.

TNR's recently listed subsidiary, International Lithium Corp. (TSX:ILC.V), demonstrated the successful application of TNR's business model in which TNR shareholders benefited from a unit distribution upon spin-out of TNR's lithium and rare metals projects. TNR remains a large shareholder in ILC at 25.5% of outstanding shares.

At its core, TNR provides significant exposure to gold and copper through its holdings in Alaska and Argentina; and teamed with the recent acquisitions of rare-earth elements and iron ore projects in Canada confirm TNR's commitment to continued generation of in-demand projects, while diversifying its markets and building shareholder value
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Old 02-05-2013, 09:48 AM   Nav to Top  #10
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Default TNR Gold Corp (TNR.V) Finalizes Los Azules Settlement with McEwen Mining

TNR Gold Corp (TNR.V) Finalizes Los Azules Settlement with McEwen Mining




Vancouver B.C., February 05, 2013: TNR Gold Corp. (the "Company" or "TNR") Is pleased to announce that in follow-up to its press release of November 12, 2012, whereby TNR Gold Corp. announced that it and its wholly owned subsidiary, Solitario Argentina S.A. had reached a settlement with McEwen Mining Inc. with respect to the Los Azules Copper Project located in San Juan Province, Argentina, formal documentation and the details pertaining thereto have now been signed and will be filed on SEDAR under TNR's profile at http://sedar.com.

The Company is also pleased to announce that the 1 million shares of McEwen Mining Inc. that form part of the settlement have now been issued (information about McEwen Mining can be found at http://www.mcewenmining.com and on Sedar at http://www.sedar.com). The Company expects that the delivery of the certificates representing such shares will occur upon the transfer of the mineral rights to the Escorpio IV mining tenure to McEwen Mining Inc, which it anticipates will take place later this month. The shares will be subject to the minimum statutory hold period.

About Los Azules

The Company has a 25% back-in right in the northern part of the Los Azules property which is exercisable following the completion of a feasibility study. If the Company elects to back-in for 5% or less or has its interest diluted to 5% or less, TNR will receive a net smelter royalty of 0.6%.

The Los Azules copper deposit is located in the San Juan province of Argentina. McEwen Mining Inc. is the current operator on the Los Azules copper deposit and the Company advises that on January 17, 2013, McEwen Mining Inc. issued a press-release in relation to the deposit. The press release is accessible on Sedar at http://www.sedar.com and on McEwen Mining Inc's website at http://mcewenmining.com.

The press release issued by McEwen Mining Inc. dated January 17, 2013 includes preliminary results from drilling operations on the Los Azules copper deposit for the current exploration season. McEwen Mining Inc.'s press release appears to have been prepared by qualified persons, but no independent qualified person engaged by TNR Gold Corp. has done sufficient work to analyze, interpret, classify or verify McEwen Mining Inc.'s information to determine the accuracy of the current mineral reserve or resource or other information referred to in the press release. Accordingly, the reader is cautioned in placing any reliance on the subject results and estimates.

John Harrop, PGeo, FGS, is a "Qualified Person" as defined under NI 43-101 and has reviewed and approved the technical content of this news release.

About TNR Gold Corp.

Over the past twenty-one years TNR, through its lead generator business model, has been successful in generating high quality exploration projects around the globe. With the Company's expertise, resources and industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand its project portfolio.

TNR's subsidiary, International Lithium Corp. (TSX:ILC.V), demonstrated the successful application of TNR's business model in which TNR shareholders benefited from a unit distribution upon spin-out of TNR's lithium and rare metals projects. Gangeng Lithium Co. Ltd. is a leading China based, multi-product lithium manufacturer, and strategic partner and investor in ILC. TNR remains a large shareholder in ILC at 25.5% of outstanding shares.

At its core, TNR provides significant exposure to gold and copper through its holdings in Alaska and Argentina; and teamed with the recent acquisitions of rare-earth elements and iron ore projects in Canada confirm TNR's commitment to continued generation of in-demand projects, while diversifying its markets and building shareholder value.

For further details about the Los Azules settlement, please see our 'Question & Answer' release which can be found in the news section of our website at http://www.tnrgoldcorp.com/s/NewsReleases.asp

On behalf of the board,

Gary Schellenberg
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