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Message: TNR Gold samples up to Significant 3.14% Li20 at Ontario projects

TNR Gold samples up to Significant 3.14% Li20 at Ontario projects

posted on Oct 05, 2009 10:12PM

Vancouver B.C.:TNR Gold Corp. (“TNR” or the “Company”) and Wholly-owned International Lithium Corp. (“ILC”) are pleased to announce the results received from the initial exploration programs on its Ontario based pegmatite Lithium projects.

Key point summary:

  • Samples at Mavis & Forgan Lake have confirmed high grade Li2O and the presence of rare metals – grab samples up to 3.14% Li2O.
  • Other Rare Metals (Tantalum) over limit samples are pending
  • Phase 2 follow-up underway

Table 1 : Highlighted Channel and Grab Samples:

Some of the most significant weight percentage Lithium Oxide (“wt. % Li2O”) assays include:

Property

Li2O (average in channel cuts)

Li2O (wt.% range in channel cuts)

Grab samples Li2O (wt. %)

Mavis Lake

Pegmatite 18

1.24 wt.% over 5.3 metres

0.90 to 2.58 wt.%

3.61, 3.14, 2.56, 1.7, 1.59, 0.95, 0.36

Forgan Lake

Pegmatite1

2.57 wt.% over

4 metres

1.69 to 3.40 wt.%

0.84, 0.1

The work was conducted under the direction of Dr. Frederick Breaks, who is Special Advisor to TNR, and he quotes: “This preliminary round of assays and new geological interpretation support a high mineral potential for Lithium and Tantalum mineralization on the Ontario properties. Based on these positive results, the Company has commenced Phase 2 follow-up geological and lithochemical surveys.”

MAVIS LAKE PROPERTY

Mavis Lake, located 15 km northeast from Dryden Ontario, has 9 rare-metal pegmatites of similar composition to the Rare Metal Tanco mine in south-eastern Manitoba which contains Lithium and Tantalum mineralization. Pegmatite 19 contains elbaite, the rare Lithium Tourmaline and Wodginite, a Tin-Tantalum oxide mineral that is the chief ore mineral for Tantalum at the Tanco mine.

The pegmatites on the property are situated within the eastern part of the most extensive Lithium dispersion anomaly in metavolcanic host-rocks known in Ontario. This anomaly has a minimum length of 7 kilometres and breadth that ranges from 100-700 metres and is open to the east on the company’s claim-block.

Albite-spodumene-type pegmatites contain the greatest concentration of Lithium of any pegmatite type as these large tabular bodies can reach up to 90 metres in thickness and 1 kilometre in strike length (Cerny 1989). Pegmatite 18 is the most significant thus far encountered on the property and the current work has defined a flat-lying, stacked pegmatite system at least 240 metres in length and open in all directions. The largest en-echelon pegmatite sheet has a minimum thickness of 2.5 metres.

Preliminary litho-geochemical work revealed significant channel sample values of 1.24 wt. % Li2O over 5.3 metres in a range of 0.90 to 2.58 wt. % Li2O from 5 channel samples. Grab samples of spodumene-rich zones contained up to 3.14 wt. % Li2O.

The Pegmatite 18 system is coincident with a significant Lithium litho-geochem dispersion anomaly that has a minimum length of 1000 metres and breadth of 30 to 275 metres as defined by previous surveys. The area is currently the focus of a detailed lithochemical survey that will reveal extent of Lithium, Rubidium and Cesium dispersion in host-rocks.

Results from preliminary sampling of metavolcanic host-rocks proximal to Pegmatite 18 indicated

anomalous Lithium values of 276 to 4400 ppm vs. an average regional background value of 16 ppm.

FORGAN LAKE PROPERTY

Forgan Lake, located within the Thunder Bay District of Ontario and situated in the Georgia Lake pegmatite field, also produced high Li2O values. A swarm of six pegmatite dykes of the albite-spodumene-type occur in vicinity of Lucky Lake. Only Pegmatite #1 was evaluated during the preliminary work and has a minimum strike length of 137 metres and a width of 15 to 47 metres.

Channel samples taken across an old trench revealed an average of 2.57 wt.% Li2O over 4 metres in a range of 1.69 to 3.40 wt.% Li2O. The average value is identical to that of historical work that documented 2.57 wt.% Li2O over 6.4 metres.

NIEMI LAKE PROPERTY

Niemi Lakes pegmatite system last received exploration attention in 1955 where a dyke with a minimal strike length of 125 metres averaging a width of 4.8metres was delineated andopen in all directions. Niemi Lake is also located within the Thunder Bay District of Ontario.

The pegmatite has an east to west zonation from albite-type pegmatite, with low Lithium values, to albite-spodumene-type with a spodumene content of 20 to 30% estimated in the historical work. Historical assays documented 1.02 wt.% Li2O over 4.7 metres and a maximum value of 2.0 wt.% Li2O over 1.5 metres. The spodumene-rich zone was not found during the preliminary assessment due to a pervasive moss overgrowth and heavy blow-down that has obscured outcrops in the area.

The present lithochemical work revealed 12 to 95 ppm Lithium from the albite-type pegmatite zone that tends to occur in the apical parts of pegmatite systems. This zone constitutes a target for Tantalum oxide mineralization as indicated by enrichment of Tantalum relative to Niobium Elevated tantalum (>100 ppm) was registered in a petrographically similar boulder with visible Tantalum-Niobium oxide minerals.

Assays for Lithium and Rare Metals are being conducted at the Geoscience Laboratory of the Ontario Geological Survey in Sudbury which has vast experience in the analysis of these rare metals.

This news release has been prepared under the supervision of Ike Osmani, P. Geo, TNR’s qualified person on this news release.

ABOUT TNR GOLD CORP. / INTERNATIONAL LITHIUM CORP.

TNR is a diversified metals exploration company focused on identifying and exploring existing properties in and new prospective projects globally. TNR has a total portfolio of 32 properties, of which 16 will be included in the proposed spin-off of International Lithium Corp.


It is anticipated that TNR shareholders of record will receive up to one share and one full tradable warrant of International Lithium Corp. for every 4 shares of TNR held as of the yet determined record date. This will result in TNR shareholders owning shares in both TNR and International Lithium. For further details of the spin-off please refer to TNR's April 27, 2009 news release or visit http://www.internationallithium.com


The recent acquisition of lithium projects in Argentina, Canada, USA and Ireland confirms the company's commitment to project generation, market diversity, and building shareholder value.

Gary Schellenberg

President

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