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Gold/Mining/Energy : TNR Resources Ltd (TRR.V was Toscana) -- Ignore unavailable to you. Want to Upgrade?

To: John Fairchild who wrote (624)	3/16/1999 2:00:00 PM
From: Bob Basil	Read Replies (1) \| Respond to of 659

John, As far as I've figured out, it was an inadvertent oversight that the Canada Honda release went out while the La Ortiga one made it only to TNR's website; that was confusing, though. At any rate, I am keeping my fingers crossed that some good news emerges before the end of the exploration season -- a major coming in, announcing a drill program, etc. would be nice. -- Bob

To: John Fairchild who wrote (624)	4/7/1999 6:44:00 PM
From: Bruce Lock	Respond to of 659

Argentina Drilling Program to Begin... April 7, 1999 LA ORTIGA DRILLING PROGRAM TO BEGIN... Phase III exploration on the La Ortiga property in Argentina is scheduled to commence this week, with a 1000-1500m program of reverse-circulation drilling designed to test six initial targets in the Breccia and Silicified Zones. These targets were identified in the course of sampling, trenching, and geophysical exploration programs during the period November 1998 - March 1999. The drilling will be conducted by Patagonia Drill Mining Services S.A., a well-regarded company that has drilled the nearby Lama and Veladero deposits. The majority of drill targets will be in the Breccia Zone, a Veladero-type environment located in the southwest quadrant of the property. Recent IP surveying has delineated areas of elevated chargeability and three distinct high resistivity anomalies within the Breccia Zone, the latter designed South (500m x 400 m), Central Pipe (1100m x 300m + open), and Saddle (1100m x 300m + open). Modeling of the resistivity data shows these above features to extend from near surface to depths of more than 200 metres. The Silicified Zone is a 1.2km x 1.8km area located in the southeastern quadrant of the property. IP results correlate well with surface mapping, delineating a high resistivity body extending to depth. In addition, the trenching program has identified a northwest-trending shear zone, up to 50m in width, which has returned gold values in excess of 1 g/t. A significant number of samples from the Silicified Zone have yielded gold values in excess of 1 g/t - with the highest being 11.8 g/t gold. Representatives of a major gold mining company will be on-site during the drilling, to provide advice and to review procedures and results. The parties have entered into a confidentiality agreement. As announced earlier, Orko Gold Corp. has been granted, by way of an option agreement with TNR Resources Ltd., the right to earn a 60% interest in this property and two others in the immediate vicinity (a total area of 148 square kilometers) by making staged cash payments and share issuances totaling US$340,000 and 600,000 shares, respectively, prior to November 25, 2001, and incurring exploration expenditures of US$3 million prior to May 25, 2004. Orko has already met its first-year exploration commitment and is not required to spend any more money on exploration and development until November 25, 2000. Nevertheless, based on the encouraging results to date, TNR and Orko have decided to bring the exploration campaign forward, and both parties have amended the option agreement, with TNR agreeing to allow Orko to apply $US100,000 spent on the program towards the $US100,000 payment originally due November 25, 1999, and Orko agreeing to bring forward the next share issuance to TNR such that it is based on the results of this phase of exploration. This compromise by both parties, which allows for aggressive exploration of the La Ortiga project, is considered by management to be in the best interests of all shareholders. ON BEHALF OF THE BOARD OF DIRECTORS "Gary Schellenberg" Gary Schellenberg President The Vancouver Stock Exchange has neither approved nor disapproved the information contained herein