TNR Gold Corp.

TNR Gold Corp.

June 25, 2009 10:59 ET

TNR Gold Acquires Lithium Brine Project in Nevada

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 25, 2009) - TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR)(PINK SHEETS:TRRXF) is pleased to announce the signing of a letter agreement to acquire a 100% interest in the Mud Lake property, located 16 kilometres southwest of Tonopah in the Ralston Valley, Nevada. The Mud Lake property consists of twenty placer claims covering 1300 hectares in Nye county and is readily accessible year round. The Ralston basin, which contains Mud Lake, appears to have similar geological features that provided both a source and trap for lithium brines found in Clayton Valley which is located 47 kilometres west from the property. Chemetall-Foote Corp's Silver Peak operation, located in Clayton Valley, is the only lithium brine producer in North America and has been in operation since 1966.

The Ralston basin drainage area covers 8262 square kilometres and contains centres of volcanic activity of the style that can form lithium sources for subsequent accumulation in a low point of the valley at Mud Lake. The Company intends to explore the property to determine if lithium evaporates and brine deposits have formed at depth similar to those found at Clayton Valley. In 1979, the U.S. Department of Energy through the U.S. Geological Survey ("USGS") conducted a regional lithium project which included sampling, gravity and seismic surveys on the TNR property. TNR staffs are developing an integrated regional lithium exploration approach using geochemical and basin modeling with gravity, electromagnetic and geochemical fieldwork to build drilling targets. The TNR exploration team has extensive geochemical, GIS modeling and targeting experience on four continents.

Gary Schellenberg, president of TNR Gold states, "The Mud Lake property acquisition further exemplifies our overall strategy to acquire lithium and rare metal projects of merit worldwide. TNR is now well positioned in Nevada with the Mud Lake property and its Fish Lake Valley property which is located 34 kilometres west of Chemetall-Foote Corp's Silver Peak operation in Clayton Valley."

TNR has agreed to make payments totaling US$260,000 over a four-year period, issue 1,000,000 common shares of TNR over a three-year period and commit to work expenditures totaling US$1,000,000 over a four-year period. TNR has agreed to pay a Royalty of 3% to the vendor and has the right to purchase the royalty for US$3,000,000 at anytime. TNR also has the option to reduce the Royalty by paying the vendor US$1,000,000 for each 1% (1/3) at anytime.

For more information about Lithium - deposits, production, markets and news please refer to TNR's "About Lithium" page at:

Mr. John Harrop is the Company's qualified person on the project as required under NI 43-101 and has reviewed the technical information contained in this press release.

The agreement is subject to TSX Venture Exchange approval and any regulatory approvals.


TNR is a diversified metals exploration company focused on identifying new prospective projects globally and upon approval of pending licences in Ireland, will have a total portfolio of 32 properties, of which 16 will be subject to the proposed spin-off of International Lithium Corp ("International Lithium"), TNR's wholly owned subsidiary.

It is anticipated that TNR shareholders of record will receive one share and one full tradable warrant of International Lithium Corp. for every 4 shares of TNR held as of the yet determined record date. This will result in TNR shareholders owning shares in both TNR and International Lithium. For further details of the spin-off please refer to TNR's April 27, 2009 news release or visit

The recent acquisition of lithium projects in Argentina, Canada, USA and Ireland confirms the company's commitment to project generation, market diversity, and building shareholder value.

On behalf of the board,

Gary Schellenberg, President

Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

CUSIP: #87260X 109

SEC 12g3-2(b): Exemption #82-4434

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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