TNR Gold Corp.
TNR Gold is a project-generator built around a 90% interest in the Shotgun porphyry gold project in southwestern Alaska (near Barrick/Novagold's Donlin Gold), which carries a 2013 inferred resource of 705,960 oz gold and is being marketed for a joint venture with a major. TNR also holds a copper royalty over ground surrounding McEwen Copper's Los Azules project in Argentina and a lithium royalty (Mariana, Argentina -- outside this site's commodity scope). Strategic investor Altius Minerals increased its stake to 30.94M shares in July 2026 following a CAD $4.17M placement in May 2026, and TNR launched a normal-course issuer bid in June 2026.
Notable vs. Peers
- Financials score of 1/10 is weaker than the peer average of 6.6/10.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
President and CEO, and Executive Chairman (since January 2017), of TNR Gold Corp.; the company's largest individual shareholder. MBA; extensive executive experience spanning banking, transportation, mining, telecommunications, and internet industries. [Lower confidence: the official tnrgoldcorp.com management page could not be fetched cleanly (oversized/truncated); role and tenure cross-checked via corporate-profile aggregators.]
Chief Financial Officer of TNR Gold Corp. Licensed senior statutory auditor in the UK; senior partner at Johnson, Smith & Co., Chartered Accountants and Statutory Auditors, since 2000; a June 2026 open-market share purchase alongside audit-committee chair John K. Davies confirms he currently holds this role. [Lower confidence: see note above.]
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
TNR Gold's own register does carry one real strategic position: Altius Minerals Corporation, a diversified natural-resource investment and royalty company, closed a C$4.2 million cash strategic investment for 9.9% of TNR Gold (as of 25 May 2026) -- separate from, and in addition to, TNR's own 0.4% net smelter royalty over McEwen Copper's Los Azules project, which the company holds but receives no operating cash from by design. No dedicated resource specialist fund holds a position and institutional ownership is 0%. The only insider transaction on file is CEO Kirill Klip's open-market disposal of 200,000 shares in August 2026 -- selling, not buying.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Shotgun Gold Project (90%-owned, TNR; 190km south of the Donlin Gold deposit, Kuskokwim Gold Belt, southwest Alaska), Shotgun Ridge prospect: resource is 100% Inferred category -- 20,734,313 t at 1.06 g/t Au for 705,960 oz, at a 0.5 g/t Au cutoff. No Measured/Indicated category exists, so ouncesFound (this repo's M+I-only field) is left null. The technical report itself recommends an 8,000m drill program to test new targets and expand the resource laterally/at depth -- no confirmation found this pass that this program has since been completed or that a PEA has been published.