"Barrick Gold CEO Mark Bristow On Unlocking The Tremendous Potential Of Donlin Gold"? - "Barrick, NovaGold Drill 92.02m Of 7.8 g/t Gold At Donlin."?

"Barrick Gold CEO Mark Bristow On Unlocking The Tremendous Potential Of Donlin Gold" - "Barrick, NovaGold Drill 92.02m Of 7.8 g/t Gold At Donlin."

My belief is?TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure.?This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin.??


Kirill Klip, Executive Chairman
TNR Gold Corp.
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Today we extend our congratulations to TNR Gold shareholder NovaGold and their Donlin Gold JV partner Barrick Gold on the excellent results and new outstanding gold intercepts at Donlin. We have just discussed with you?Barrick Gold's CEO Mark Bristow view about "the tremendous potential of Donlin Gold"?and now we have another confirmation about this potential from the latest drilling campaign.?

"Barrick President and Chief Executive Mark Bristow said, “The 2021 drill program is validating our geologic modeling concepts; in particular with regards to demonstrating the controls over mineralization in the different parts of the deposits. This improved understanding is a necessary step towards optimizing the mine design and progressing the project up the value chain.”
Greg Lang, NOVAGOLD’s President and CEO, said, “The 2021 drill program has been enormously rewarding -- allowing us to improve our knowledge of the geology and mineralization in the ACMA and Lewis deposits which in turn will provide the information required to proceed with a new feasibility study. Indeed, we have decided to expand the drill program?by approximately 15 holes and 4,000 meters from the original 2021 plan to test the mineralization continuity in a targeted area of the ACMA deposit. As with last year’s program, drilling has delivered multiple examples of outstanding gold intercepts. Excellent results, such as those reported today, reinforce our belief in the uniqueness of an asset like Donlin Gold, whose combination of outstanding size, quality, and exploration upside are clearly among the only answers to an industry defined by an era of declining reserves, lackluster gold grades and ever-increasing jurisdictional risk.”
Dan Graham, General Manager of Donlin Gold added, “We are proud of the work accomplished by our site crew. We have operated a clean camp for the second season in a row amidst the COVID pandemic, exceeded our productivity rates, while maintaining an excellent safety and environmental record. During the 2021 drill program, 70% of our direct hires were shareholders from Calista Corporation (Calista), which included the new camp catering contract with a Calista subsidiary. Worker safety, environmental stewardship, and benefits to the region remain top priorities for Donlin Gold.” NovaGold NR September 2, 2021.

Resource World provides a great summary of the spectacular results, including 92.02m of 7.8 g/t. Now you can better understand my own thoughts about the potential for the Donlin Gold Mining Camp on US soil:

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"On the back of this news, it is time for us to discuss our own relationship with developing Donlin Gold Mining Camp and my own personal vision of how the Donlin Gold project can potentially grow into a 50 million-plus oz Au resource project and become a major Gold Mining Camp in the world based on the U.S. soil."?

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It is important to note that QP of TNR Gold, as it is defined by NI 43-101, has not verified independently any results reported by NovaGold - you should study all results in their entirety including technical disclaimers on the NovaGold website and consult your qualified financial advisor before any investment decision. But what we can discuss here are the grades reported by Barrick Gold and NovaGold and the depth of those intersections:


"Hole DC21-1970 that intersected?92.02 metres grading 7.8 g/t gold, starting at 69.70 metres drilled depth.
Hole DC21-1963A intersected?40.97 metres grading 10.5 g/t gold, starting at 114.30 metres drilled depth.
Hole DC21-1969 intersected?47.78 metres grading 9.0 g/t gold, starting at 400.51 metres drilled depth
Hole DC21-1959 intersected 24.44 metres grading 14.6 g/t gold, starting at 378.85 metres drilled depth"?(NovaGold NR September 2, 2021).


As you can see, these very impressive gold intersections at Donlin Gold are coming from much deeper depth than all inferred gold resources of 705,960 ounces of Au defined at Shotgun Gold so far - where the all defined mineral resource which was included in the resource estimation model is located from the surface of the ridge to a depth of only 150m.?

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Now you can better understand my personal excitement finding these additional confirmations to my belief that the Shotgun Ridge system has all geological indications pointing to the potential to grow further.?It is important to mention here that TNR' Shotgun Gold Project is a Porphyry Gold system as well, with a similar geo signature as Donlin Gold. Read more.

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