TNR Gold Corp.

TNR Gold Corp.

February 28, 2008 13:17 ET

TNR Gold Corp.: El Salto Drill Program Increased From 3,000 Metres to 10,500 Metres

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 28, 2008) - TNR Gold Corp. ("TNR") (TSX VENTURE:TNR) is pleased to announce the addition of a second drill on its' 100% optioned El Salto Project, which will increase its drill program from 3,000 metres to 10,500 metres. The second drill is planned to be on the property within 30 days. TNR has now completed 1,610 metres of drilling at El Salto, which is located in the San Juan province, Argentina.

"We are just at the beginning of a major drill program at our El Salto project" commented TNR's President and CEO Gary Schellenberg. "Our main focus of this program is to focus on several well defined, chargeability anomalies delineated by a recent 3D IP survey and coincidental geochemical anomalies".

The first three drill holes, which are spread across an area of high and moderate chargeability anomalies and the porphyry intrusion, span an area of 750 metres thus creating a fence of holes on the north end of the property. All 3 holes have been drilled at minus 60 degree dip and 050 degree azimuth. The first drill hole (ES-07-01) ended at a depth of 391.4 metres along the northeastern margin of the porphyry intrusion. The hole tested moderate chargeability anomalies and intersected variably mineralized (pyrite, chalcopyrite +/- molybdenite) breccias, porphyry dikes and altered/deformed metasedimentary country rocks across its entire length. The second drill hole (ES-08-02) ended at a depth of 601 metres, near the southwestern margin of the porphyry intrusion, and tested high chargeability anomalies coincident with molybdenum and copper anomalies. This hole is also variably mineralized with pyrite, chalcopyrite +/- molybdenite from top to bottom. The third drill hole (ES-08-03) ended at a depth of 467.6 metres and was located between holes 1 and 2 and tested the existence of a deep-seated porphyry feeder system. The porphyry was intercepted at the depth of 314.25 metres. The potassically altered intrusive contains both disseminated molybdenite and chalcopyrite mineralization as well as in veinlets. Hole 3 ended in the strong potassic alteration and mineralization. Assay results are pending for holes 1, 2 and 3.

The fourth drill hole (ES-08-04) is presently at a depth of 150 metres and is located approximately one kilometre to the south of drill hole ES-07-01. It is designed to test high chargeability anomalies. The remaining holes will be drilled to a minimum of 500 metres depth, testing both weak and strong chargeability anomalies with the coincident known and unknown copper and molybdenum geochemical anomalies on surface. This drill program is to be completed by early June 2008.


The El Salto property, consisting of 3,300 hectares in the San Juan Province, is located within the "Yellow Belt" district of San Juan which hosts the two well-known copper deposits, the El Pachon Deposit (724 MT @0.65% Cu) in Argentina, and the Los Pelambres Mine (1487 MT @0.66% Cu) near the Chile-Argentine border (Falconbridge/Xstrata and Antofagasta web sites).


TNR Gold Corp. is a base and precious metals exploration company focused on aggressively identifying new prospective projects as well as fostering work on its large portfolio of 16 properties in Argentina and Alaska. The company's focus over the next 12 months is the exploration and development of its Eureka, El Salto and El Tapau properties in Argentina and Shotgun project in Alaska.

This news release has been prepared under the supervision of Ike Osmani, P.Geo, TNR's qualified person on this news release.

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.

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