TNR Gold NSR Royalty Update – McEwen Copper’s Los Azules Joins Argentina’s Large Investment Incentive Regime (RIGI)

TNR Gold Corp. has announced that McEwen Mining Inc. has provided an update regarding the Los Azules copper-gold project's acceptance into Argentina's Large Investment Incentive Regime (RIGI). This development represents a significant milestone for the project, as RIGI is designed to attract and facilitate large-scale mining investments in Argentina through various fiscal and regulatory incentives.

TNR Gold holds net smelter return (NSR) royalty interests in the Los Azules project, which means the company stands to benefit from any future production without direct operational involvement or capital investment requirements. The project's inclusion in RIGI could accelerate its development timeline and improve its economic viability by providing access to preferential tax treatment, regulatory streamlining, and other investment incentives offered under the regime.

This announcement highlights the strategic value of TNR Gold's royalty portfolio, particularly its exposure to large-scale copper-gold projects in jurisdictions implementing pro-mining policies. Argentina's RIGI program represents the government's commitment to attracting foreign investment in the mining sector, which could create a more favorable operating environment for projects like Los Azules. For TNR Gold shareholders, this development potentially enhances the long-term value proposition of their royalty holdings without additional capital requirements from the company.