Profhit

GREAT News today Minera Andes annouces 43-101 Resource Calculation on LOS AZULES...*drum roll*.... 11 billion pounds of Copper (Cu) TNR has 25% back in with minimum costs. This wil be very interesting... MINERA ANDES ANNOUNCES A MINERAL RESOURCE ESTIMATE OF 922 MILLION TONNES OF 0.55% COPPER AT LOS AZULES Minera Andes Inc. has provided the results of an independent resource estimate at the Los Azules copper deposit located in western San Juan province, Argentina. The inferred mineral resource, at a 0.35-per-cent total copper cut-off, is defined by an area approximately 3.7 kilometres by one kilometre in size and contains a high-grade, near-surface copper core in the north. This resource estimate will form the basis of an economic scoping study (NI 43-101 preliminary assessment) planned for completion at the end of the year. In addition, the mineralized copper target remains open to the north and at depth. At a 0.35-per-cent total copper cut-off, the inferred resource at Los Azules is 922 million tonnes grading 0.55 per cent copper, containing 11.2 billion pounds of copper. The mineral resource estimate at different copper cut-off grades is summarized in the attached table.

Take a glance at Northern Dynasty's own presentation and appreciate how good Iliamna could be (100% TNR) http://www.northerndynastyminerals.com/i/n...son_29Jul08.pdf A detailed write up I foound frm Google from an investor blog here: http://mining101.blogspot.com/2008/08/alas...hter-ndmto.html

More great news! Huge deposit at Pebbles, this is just looking for a takeover!! 2008-09-02 13:16 ET - News Release Mr. Gary Schellenberg reports 100% OWNERSHIP OF ILIAMNA TRANSFERRED / COMMENCES GEOCHEMICAL SAMPLING PROGRAM TNR Gold Corp. and Geocom Resources Inc., with BHP Billiton, have concluded the transfer of ownership of the Iliamna property from BHPB to TNR. Under the assignment agreement, BHPB has agreed to transfer its ownership of Iliamna, a 30-per-cent undivided interest under the property agreement, such that TNR and Geocom shall hold 100-per-cent legal title to the property. TNR granted an option and Geocom earned a 51-per-cent interest in the company's now-100-per-cent interest in the Lake Iliamna project's D claims block and a 75-per-cent interest in the H claim block that together comprise the Iliamna project. TNR and Geocom have agreed to combine each company's respective interest with BHPB's interest in order to consolidate ownership and facilitate future exploration and development activities. To enhance the successful drill results achieved in 2003, 2004 and 2006 drill campaigns and to identify new drill targets in conjunction with available magnetic, resistivity and chargeability data, a district-level geochemical sampling program has commenced. The companies are using sophisticated geochemical survey techniques that have proven successful at delineation of copper-gold anomalies elsewhere in Alaska and at the Pebble deposit. With the recent success at the Pebble deposit and attention paid to exploration potential of the area, TNR and Geocom are optimistic that value-added exploration efforts will aid delineation of drill targets to supplement the previously successful drilling, which encountered copper-gold mineralization in disseminated and veinlet form in intrusive rocks. The companies are confident that additional work at Iliamna will provide shareholder value and garner additional interests from the industries' majors. The Iliamna property is a claim in Alaska covering 412 square kilometres of land approximately 100 kilometres from the highly visible Pebble deposit held by Northern Dynasty Minerals Ltd. The Pebble deposit contains an indicated mineral resource of 31 million ounces of gold and 18.8 billion pounds of copper, making it one of the world's largest deposits of its kind. Initial target definition at Pebble occurred in areas covered by glacial overburden and/or Tertiary volcanic rocks, as is the case at the Iliamna project. In 2000, Rio Algom carried out several phased exploration programs, including an airborne magnetic survey, reconnaissance geology and induced polarization/resistivity surveys. These surveys led to the successful identification of several geophysical anomalies, including the Iliamna project. The airborne magnetic survey successfully outlined three regional anomalies: the Pebble intrusive complex, the Nushagak anomaly and the Kvichak anomaly, which includes the Iliamna property. Following the regional geophysical programs, site-specific IP/resistivity surveys targeted and successfully located several anomalies that are similar in size and characteristics to the Donlin Creek and Pebble deposits, including the Iliamna project. Subsequent drilling encountered copper-gold mineralization in an intrusive setting at Iliamna's H claims. This news release has been prepared under the supervision of John Harrop, PGeo, TNR's qualified person for this news release. Alaska ballot initiative results The recent voting results on Aug. 26 confirmed the Alaskan public's belief that existing state and federal regulatory system provides them with a thorough review process to address environmental impacts that mining projects may have on local fishing industries. The citizen-backed initiative was intended to strengthen the minimum standards for mining activities near salmon-bearing streams. A wide margin victory gives TNR and other exploration and mining companies in Alaska such as Teck Cominco Ltd., NovaGold Resources Inc., Barrick Gold Corp., and Northern Dynasty Minerals renewed confidence in developments of world-class deposits in Alaska.

Interesting write up by Clif Droke - feature writer from Financialsense.com and wel established technical analyst book writer. http://www.tnrgoldcorp.com/i/pdf/jmsr0801.pdf More media from their page http://www.tnrgoldcorp.com/s/Media.asp

From initial glance it may just be another beaten down junior in this tough market... but clear minded investors will see the value in this little company that could... expert Geologists as management and string of successful early-stage companies define the career of the managers (Winspear Resources, Golden Coast Energy to Providence Energy Trust PVX - touted as Kramer's favorite trust pick) Big following from BHP and the likes of Barrick (10% ownership), Prudent Bear Mutual Fund, RAB Capital, NovaGold, Solitario, Lundin (Tenke) and 17 projects all with high potential - not to mention several projects advanced without further expenditures by joint venture partners... Minera Andes, Xstrata, Latin America Mineral, La Mancha, Suramina, and more! http://www.tnrgoldcorp.com Recently added an individual from Russia who had history of high return investments like Tenke and Lundin mining (from $0.7 to $25 if I remember?) Dig around the internet... big shareholder RAB Capital got its fame back in early 2000's with 1000%+ over 2 years. Very little downside at current level... they havne't dropped too much despite the difficult market - certainly tells you about the type of strong hands the shares are held in!! Thoughts?

Excellent resource,great intuitive graphs!