TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) has announced the start of an exploration program on its Shotgun Gold Project in Alaska.
The pending green energy metals royalty and gold company said the 2022 field program at the Shotgun and Winchester prospects will investigate the geochemical anomalies generated by the 1998 Novagold Resources soil surveys and the geophysical targets indicated by anomalies from the SJ Geophysics 2011 and 2012 electromagnetic (EM) surveys.
“The company's strategy with the Shotgun Gold Project is to attract a partnership with a major gold mining company,” TNR Gold CEO Kirill Klip said in a statement.
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“TNR Gold has successfully consolidated and updated its mining claims in Alaska and is actively introducing the project to interested parties,” Klip added.
TNR noted it is targeting a large tonnage porphyry system at Shotgun Ridge.
It added that structural repeats, as interpreted from airborne magnetic data and ground geophysical surveys, provide the company with encouraging targets for future drill testing.
TNR holds a 90% interest in the Shotgun Gold Project and the company says it believes there are several key similarities between prospects on the Shotgun property and that of the Donlin Gold Project deposits as well as other important intrusion-associated deposits worldwide.
Vancouver-based TNR Gold’s business model provides a unique entry point in the creation of supply chains for critical materials like energy metals that are powering the energy revolution, and the gold industry that is providing a hedge for this stage of the economic cycle.
Contact Sean at sean@proactiveinvestors.com