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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: siempre33 who wrote (33583)	2/22/2007 12:48:53 PM
From: heinz44	Respond to of 78438

TNR...whats holding it up?? Los Azules: In 2006 TNR announced significant drill results from its Los Azules property in Argentina. Minera Andes Inc., the project operator, discovered significant high-grade copper on the Los Azules property. An 11-hole drill program returned intervals up to 1.62 per cent copper over 221 metres and 1 per cent copper over 173 metres in separate holes. The new core drilling focused on the previously defined enriched copper target in an area approximately 2,500 metres by as much as 1,500 metres, defined by prior drilling. Drilling tested mineralization on both TNR’s property as well as Minera Andes' adjacent lands. TNR’s Los Azules property consists of 20,000 acres located in El Indio gold belt. TNR owns 100% of the Los Azules Project. TNR has an agreement with Xstrata Copper plc giving Xstrata an option to earn up to 100% of this Project, with TNR retaining a back-in right of 25% that can be diluted to a 2% NSR if TNR is diluted to below 10% thereafter. MAI has made an agreement with Xstrata that gives MAI the right to earn up to 100% of Xstrata’s option. SIGNIFICANT 2006 DRILLING RESULTS AT TNR’s LOS AZULES PROPERTY Intersection Total TD from to Interval copper Drill hole (m) (m) (m) (m) (%) AZ-06-11 (core) 270.70 158.70 270.70 158.70 0.51 AZ-06-17 (core) 183.50 66.00 183.50 117.65 0.63 includes: 66.00 124.00 58.00 0.84 AZ-06-19 (core) 299.40 78.25 299.40 221.15 1.62 includes: 78.25 116.00 37.75 2.22 includes: 134.00 146.00 12.00 3.94 AZ-06-20 (core) 253.30 80.00 253.30 173.30 1.00 includes: 80.00 98.00 18.00 1.69 includes: 98.00 182.00 84.00 1.12 According to Minera Andes management, identification of a large copper target is underway that is near surface and high-grade. Eleven reconnaissance core holes totaling 3,426 metres were drilled on both TNR’s property as well as Minera Andes's adjacent lands in the current program to depths of between 133 to 316 metres. The primary focus of the drilling was to test the grade and continuity of potentially leachable (chalcocite) copper mineralization identified in prior drill campaigns. Drilling at Los Azules continues to encounter features typical of many porphyry copper systems. In the discovery zone, strongly leached cap rock extends from the subcrop to as much as 161 metres beneath the surface followed by an enriched zone of secondary copper mineralization (chalcocite) overlying a zone of mixed secondary and primary (chalcopyrite) copper mineralization. Batidero: