Vancouver B.C.: TNR Gold Corp. (“TNR” or the “Company”) has informed Minera Andes Inc. that it proposes to waive the production of a feasibility study and exercise its right to acquire 25% of the northern half of the properties for Minera Andes’ Los Azules Project. Minera Andes is contesting TNR’s legal right to waive the production of a feasibility study and exercise its option, and has filed a statement of claim in British Columbia Supreme Court seeking a declaration nullifying any back-in notice delivered by TNR. TNR will be filing a statement of defence and will vigorously oppose any such declaration.

The Los Azules project is an advanced exploration project currently reporting a National Instrument 43-101 compliant Inferred Resource. TNR has previously announced that Minera Andes has commenced a diamond drill program of approximately 8,800 metres at the Los Azules Project. Please refer to Minera Andes’ news release dated January 12, 2010 for further details on the exploration program and to their news release dated April 1, 2010 for details of their position with respect to TNR’s exercise of its back-in right.

The terms of TNR’s back-in right are currently the subject of a legal dispute with Xstrata. In that litigation, TNR is also seeking confirmation of its ownership of the Escorpio IV property, which is located adjacent to the Los Azules Project, and a declaration that the Escorpio IV property is excluded from the Exploration and Option Agreement.

ABOUT TNR GOLD / INTERNATIONAL LITHIUM CORP

TNR and ILC are diversified metals exploration companies focused on exploring existing properties and identifying new prospective projects globally. TNR has a portfolio of 18 active projects, of which 9 will be included in the proposed spin-off of International Lithium Corp. For further details of the spin-off please refer to TNR’s April 27, 2009 news release or visit http://www.internationallithium.com

The recent acquisition of lithium, other rare metals and rare-earth elements projects in Argentina, Canada, USA and Ireland confirms the companies’ commitments to generating projects, diversifying its markets, and building shareholder value.

On behalf of the board,

Gary Schellenberg
President