Building The Green Energy Metals Royalty and Gold Company: Powered by Tesla Energy rEVolution and Gold - TNR Gold Fact Sheet

1. Power of Blue Sky Discoveries + Green Energy
TSX.V:ILC
www.internationallithium.com
SHARE STRUCTURE
As of June 19, 2020
Strong ownership by insiders and management
TSX.V: TNR
www.tnrgoldcorp.com
Number of
Shares
Exercise
Price
Common Shares 166,749,780
Warrants 16,933,333 $0.05
Stock Options 13,400,000 $0.05
Total fully diluted 197,083,113
TNR Gold Corp. is working to become the green energy metals royalty and gold company.
Over the past twenty-four years, TNR, through its lead generator business model, has
been successful in generating high-quality exploration projects around the globe. With the
Company’s expertise, resources and industry network, it identified the potential of the Los
Azules copper project in Argentina and now holds a 0.36% NSR Royalty on the entire pro-
ject, which is being developed by McEwen Mining Inc.
In 2009, TNR Gold founded International Lithium Corp. (“ILC”), a green energy metals
company that was made public company through the spin-out of TNR’s energy metals
portfolio in 2011. ILC holds interests in lithium projects in Argentina, Ireland and Canada.
TNR retains a 1.8% NSR Royalty on the Mariana Lithium property in Argentina. ILC has a
right to repurchase 1.0% of the NSR Royalty on the Mariana Lithium property of which
0.9% relates to the Company’s NSR interest. The Company would receive $900,000 on the
execution of the repurchase. The project is currently being advanced in a joint venture
between ILC and Ganfeng Lithium International Co. Ltd.
TNR provides significant exposure to gold through its 90% holding in the Shotgun Gold
porphyry project in Alaska. The project is located in Southwestern Alaska near the Donlin
Gold project, which is being developed by Barrick Gold and Novagold Resources Inc.
The Company’s strategy with Shotgun Gold Project is to attract a joint venture partnership
with one of the gold major mining companies. The Company is actively introducing the
project to interested parties. At its core, TNR provides significant exposure to gold, copper
and lithium through its holdings in Alaska (the Shotgun gold porphyry project) and Ar-
gentina, and is committed to the continued generation of in-demand projects, while diver-
sifying its markets and building shareholder value.
“More Than Gold”

2. LOS AZULES COPPER
SHOTGUN GOLD PROJECT, Alaska
• The Shotgun Gold project is a porphyry style gold mineralized system that TNR is targeting for
a bulk mineable gold resource.
• The project is located in SW Alaska, approximately 190 km south of the Donlin Creek deposits;
currently under development by Barrick Gold and Novagold.
• Contains an estimated inferred mineral resource
of 20,734,313 tonnes at 1.06 grams per tonne
("g/t") for a total of 705,960 ounces gold ("Au")
using a 0.5 g/t Au cut-off.(1)
• Drilling to date reveals a structurally controlled
mineralizing system with consistent low-grade
gold values throughout (Figure 2).
• Recovery tests show that gold is not refractory.
• Structural repetition of the host rocks indicate
good potential to define further areas with gold
mineralization.
(1) Technical Report on the Shotgun Gold Project dated May 27, 2013, by Nicholas Van Wyck and Allan Armitage
(2) Technical report titled “NI 43-101 Technical Report – Preliminary Economic Assessment Update for the Los Azules Pro-
ject, Argentina ,” with an effective date of September 1, 2017, prepared by D. Brown, CPEng, M. Bunyard, C. Eng, FAusIMM,
B. Davis, FAusIMM, J. Duff, P. Geol, R. Duinker, P. Eng, MBA, J. Farrell, P. Eng, W. Rose, P. E., K. Seddon, CPEng, R. Sim, P.
Geo, all of whom are qualified persons and all of whom but D. Brown and J. Duff are considered independent of McEwen
Mining, as defined by NI 43-101. TNR Gold Corp. has not engaged an independent qualified person to verify the technical
disclosures provided by McEwen Mining Inc. Mineral resources are not mineral reserves and there
is no guarantee that the resources reported herein will result in an economic mining scenario.
BOARD OF DIRECTORS
Kirill Klip, MBA - Executive Chairman
John Davies
Greg Johnson B.Sc.
Konstantin Klip
ADVISORY BOARD
Nicholas Winton
MANAGEMENT
Kirill Klip, MBA - President and CEO
Maurice Brooks, B.Sc., FCA (ICAEW) - CFO
Nancy La Couvée - Corporate Secretary
Roberto Lara - Vice-President, Minera
Solitario, Argentina
Natalia Lobanova -
Strategic Communications: PR, Marketing
and Social Media
CONTACT
1111 Melville Street, Suite 1100
Vancouver, BC,
V6E 3V6, Canada
Phone: +1 604-229-8129
Fax: +1 604-229-8150
IR@tnrgoldcorp.com
www.tnrgoldcorp.com
SHOTGUN GOLD
“Proven management, prospective projects, low technical risk in established mining jurisdictions.”
Figure 1. Location of the Shotgun Gold project, Alaska
Figure 2. Drill section through Shotgun Ridge showing 2012 drill results over 3D IP model
TNR Drill results:
• 06-43 returns 210m of 1.29g/t Au
• 12-56 returns 242m of 1.25g/t Au
• 12-57 returns 209m of 1.02g/t Au
• 12-58 returns 46.55m of 1.14 g/t Au
Notes:
• Low IP zone correlates well with
mineralization
• Mineralization is open near surface
and at depth
• Mineralization is within a topographic
ridge, which could present a lower
strip ratio in a mining scenario
LOS AZULES Cu-Au PROJECT, Argentina
100% Owned by McEwen Mining Inc.
TNR Gold Corp. holds a 0.36% NSR on the Los Azules
RESOURCE2
:
Total contained copper is 4.6Mt (Indicated) and 8.8Mt (Inferred)
Total contained gold is 1.7Moz (Indicated) and 3.8Moz (Inferred)
Total contained silver is 56Moz (Indicated) and 136Moz (Inferred)
Life of Mine undiscounted net smelter return over $35B2
MARIANA LITHIUM
2017 PEA Highlights2
Base Case ($3.00/lb copper, $1,300/oz gold, $17/oz silver)
• $2.2 billion After-Tax NPV (8% discount rate) and 20.1% After-Tax IRR
• 3.6 year payback and a 36 years Life of Mine (LOM);
• 415 million lb average annual copper production for the first 10 years.
• $1.11/lb average cash copper production costs (C1*) for the first 10 years,
$1.28/lb average C1 costs over LOM.
July 2020