Abstract image of a woman sitting on books and studying on a laptop

Kirill Klip GEM Royalty TNR Gold Presentation

Kirill Klip, profile picture
Kirill Klip

Gold In The USA, Alaskan Elephant Country: Kirill Klip GEM Royalty TNR Gold Presentation

Business
Related topics:
Kirill Klip • TNR Gold Investments • Gold Mining Insights
1 of 186
Download to read offline
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
Gold Gold in the USA: Solid Values in Uncertain Times Kirill Klip GEM Royalty TNR Gold July 2025 1
Legal Disclaimer All information about TNR Gold and NOVAGOLD is presented using publicly available data. Kirill Klip GEM Royalty TNR Gold July 2025 2
Legal Disclaimer for the U.S. Please read legal disclaimers. There is no investment advice in this presentation. Always consult your qualified financial adviser before investment decisions. Kirill Klip GEM Royalty TNR Gold July 2025 3
Gold - A New All-Time High Gold Surged Over $3,500. Kirill Klip GEM Royalty TNR Gold July 2025 4
Gold - A New All-Time High Gold Surged Over $3,500 on April 22, 2025. Kirill Klip GEM Royalty TNR Gold July 2025 5
Gold - A New All-Time High Gold Surged Over $3,500. Kirill Klip GEM Royalty TNR Gold July 2025 6
Gold Surges to Record Highs Bloomberg: “Gold Hits Fresh All-Time High”. Kirill Klip GEM Royalty TNR Gold July 2025 7
Gold Surges to Record Highs Bloomberg: “Gold Hits Fresh All-Time High”. Kirill Klip GEM Royalty TNR Gold July 2025 8
Gold - A New All-Time High Gold Made the Highest Daily Close in History at $3,433. Kirill Klip GEM Royalty TNR Gold July 2025 9
Gold - A New All-Time High Gold Made the Highest Daily Close in History at $3,433 on June 13, 2025. Kirill Klip GEM Royalty TNR Gold July 2025 10
Gold - A New All-Time High Gold Made the Highest Daily Close in History at $3,433. Kirill Klip GEM Royalty TNR Gold July 2025 11
Gold - A New All-Time High Bloomberg: “Gold’s Return in 50 years Exceeds Bonds”. Kirill Klip GEM Royalty TNR Gold July 2025 12
Gold - A New Weekly ATH Gold Made the Highest Weekly Close in History at $3,433. Kirill Klip GEM Royalty TNR Gold July 2025 13
Gold - A New Monthly ATH Gold Made the Highest Monthly Close in History at $3,302. Kirill Klip GEM Royalty TNR Gold July 2025 14
Gold - A New Quarterly ATH Gold Made the Highest Quarterly Close in History at $3,302. Kirill Klip GEM Royalty TNR Gold July 2025 15
Gold - A New All-Time High Bloomberg: “Gold’s Return in 50 years Exceeds Bonds”. Kirill Klip GEM Royalty TNR Gold July 2025 16
Gold - A New All-Time High Bloomberg: “Bond/Gold Ratio Breaks Decades=Long Support Line”. Kirill Klip GEM Royalty TNR Gold July 2025 17
Gold - A New Yearly ATH Gold Made the Highest Yearly Close in History at $2,624. Kirill Klip GEM Royalty TNR Gold July 2025 18
Gold Surges to Record Highs Bloomberg: “Gold Notches Up Biggest Annual Gain Since 2010 ”. Kirill Klip GEM Royalty TNR Gold July 2025 19
Gold Surges to Record Highs Bloomberg: “Gold Inflation-Adjusted Peak”. Kirill Klip GEM Royalty TNR Gold July 2025 20
The History of Gold Cycles Crescat Capital: “The History of Gold Cycles”. Kirill Klip GEM Royalty TNR Gold July 2025 21
Gold Surges to Record Highs Bloomberg: “Gold Inflation-Adjusted Peak”. Kirill Klip GEM Royalty TNR Gold July 2025 22
The Green Energy Metals Royalty & Gold Company. TNR Gold Corp. Kirill Klip GEM Royalty TNR Gold July 2025 23
The Green Energy Metals Royalty Co. TNR Gold Corp. Kirill Klip GEM Royalty TNR Gold July 2025 24
The Green Energy Metals Royalty Co. TNR Gold Corp. Kirill Klip GEM Royalty TNR Gold July 2025 25
The Green Energy Metals Royalty Co. TNR Gold Corp. Kirill Klip GEM Royalty TNR Gold July 2025 26
The Green Energy Metals Royalty Co. TNR Gold Corp. Kirill Klip GEM Royalty TNR Gold July 2025 27
TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Location Of Major Intrusion Related Gold Deposits”. Kirill Klip GEM Royalty TNR Gold July 2025 28
TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Location of Major Intrusion Related Gold Deposits”. Kirill Klip GEM Royalty TNR Gold July 2025 29
Record Global Debt Global debt surpassed record $315T and is much higher than before The Great Recession of 2008. Kirill Klip GEM Royalty TNR Gold July 2025 30
Record National Debt U.S. Gross National Debt Is $37T - Much Higher Than Before The Great Recession of 2008. Kirill Klip GEM Royalty TNR Gold July 2025 31
US Gold Reserves & Debt Crescat Capital: “US Gold Reserves As a % of Government Debt”. Kirill Klip GEM Royalty TNR Gold July 2025 32
US vs. Global Gold Reserves Crescat Capital: “US vs Global Gold Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 33
Gold In Central Banks Reserves Bloomberg: “Gold is 2nd Largest Component of Global Central Banks Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 34
Gold & FED Rate Hikes Incrementum: “Gold Bottomed Soon After Greenspan’s 1st Hike in 1999”. Kirill Klip GEM Royalty TNR Gold July 2025 35
Gold vs. 30-Year Interest Rates Crescat Capital: “Gold vs. 30-Year Interest Rates”. Kirill Klip GEM Royalty TNR Gold July 2025 36
Gold Surges to Record Highs Bloomberg: “Global Gold Demand Edges Higher to Record in 2024”. Kirill Klip GEM Royalty TNR Gold July 2025 37
Gold Hits Record Highs Bloomberg: “Gold ETF share of Equity ETFs”. Kirill Klip GEM Royalty TNR Gold July 2025 38
Gold Surges to Record Highs Bloomberg: “Global Gold Demand Edges Higher to Record in 2024”. Kirill Klip GEM Royalty TNR Gold July 2025 39
Gold ETF Holdings Gold ETF Holdings. (Chart by Holger Zschaepitz) Kirill Klip GEM Royalty TNR Gold July 2025 40
Gold Allocations Topdown Charts: “Implied Allocations - Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 41
Gold Miners Allocations Topdown Charts: “Implied Allocations – Gold Miners”. Kirill Klip GEM Royalty TNR Gold July 2025 42
Investors Selling Gold ETFs Bloomberg: “Investors Sold Gold ETFs”. Kirill Klip GEM Royalty TNR Gold July 2025 43
Gold Surges to Record Highs Bloomberg: “Investors Become Net Buyers of Gold ETFs”. Kirill Klip GEM Royalty TNR Gold July 2025 44
Gold Surges to Record Highs Bloomberg: “Investors Become Net Buyers of Gold ETFs”. Kirill Klip GEM Royalty TNR Gold July 2025 45
Gold ETF Funds Flow Bloomberg: “Gold Funds Attract $12B in Two Months”. Kirill Klip GEM Royalty TNR Gold July 2025 46
Gold ETF Funds Flow Bloomberg: “Gold Funds Attract $12B in Two Months”. Kirill Klip GEM Royalty TNR Gold July 2025 47
Gold ETF Funds Flow Bloomberg: “Gold-Backed ETFs Make a Comeback”. Kirill Klip GEM Royalty TNR Gold July 2025 48
Gold ETFs in China Bloomberg: “Gold-Backed ETFs in China Attract More Funds”. Kirill Klip GEM Royalty TNR Gold July 2025 49
Chinese Gold ETF Inflows Bloomberg: “Inflows to Chinese Gold-Backed ETFs Reached Unprecedented Levels”. Kirill Klip GEM Royalty TNR Gold July 2025 50
Chinese Gold ETF Inflows Bloomberg: “Inflows to Chinese Gold-Backed ETFs Reached Unprecedented Levels”. Kirill Klip GEM Royalty TNR Gold July 2025 51
China’s Gold Rush Crescat Capital: “China‘s Gold Rush”. Kirill Klip GEM Royalty TNR Gold July 2025 52
Chinese Gold Trading Activity FT: “Chinese Gold Trading Activity Explodes”. Kirill Klip GEM Royalty TNR Gold July 2025 53
Chinese Funds Supercharge Gold FT: “Chinese Funds Supercharge Gold’s Rally”. Kirill Klip GEM Royalty TNR Gold July 2025 54
Chinese Gold Imports Surge Bloomberg: “Chinese Gold Imports Surge on Investment Frenzy”. Kirill Klip GEM Royalty TNR Gold July 2025 55
China Reports Jump in Reserves IMF: “China Gold Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 56
China’s Central Bank Buys Gold Bloomberg: “China’s Central Bank Buys Gold in Volatile Sessions”. Kirill Klip GEM Royalty TNR Gold July 2025 57
Chinese Gold Imports Surge Bloomberg: “Chinese Gold Imports Surge on Investment Frenzy”. Kirill Klip GEM Royalty TNR Gold July 2025 58
China’s Central Bank Buys Gold Bloomberg: “China’s Central Bank Buys Gold in Volatile Sessions”. Kirill Klip GEM Royalty TNR Gold July 2025 59
China Resumes Buying Gold SAFE: “China - Gold Held in Official FX Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 60
China Reports Jump in Reserves Gold Charts R Us: “Chinese Gold Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 61
China & India Gold Purchases Bloomberg: “Demand for Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 62
Largest Gold Reserves Countries With the Largest Gold Reserves in the World. Kirill Klip GEM Royalty TNR Gold July 2025 63
Central Bank Gold Demand Soared Visual Capitalist: “30 Years of Central Bank Gold Demand”. Kirill Klip GEM Royalty TNR Gold July 2025 64
Foreign Central Banks Buy Gold Crescat Capital: “Foreign Central Banks Buy Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 65
Central Banks Buy Gold Crescat Capital: “Central Banks Gold Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 66
Central Bank Gold Demand Dan Popescu: “Central Bank Gold Demand”. Kirill Klip GEM Royalty TNR Gold July 2025 67
Central Bank Gold Buying Bloomberg: “Central Bank Gold Buying”. Kirill Klip GEM Royalty TNR Gold July 2025 68
Central Banks Speed Up Gold Purchases Bloomberg: “Central Banks Speed Up Gold Purchases”. Kirill Klip GEM Royalty TNR Gold July 2025 69
Undeclared Gold Buying Bloomberg: “Most Buying by Central Banks Is Undeclared”. Kirill Klip GEM Royalty TNR Gold July 2025 70
Central Banks Speed Up Gold Purchases IMF: “International Gold Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 71
Undeclared Gold Buying Bloomberg: “Most Buying by Central Banks Is Undeclared”. Kirill Klip GEM Royalty TNR Gold July 2025 72
Central Bank Gold Demand Bloomberg: “Central Bank Gold Demand”. Kirill Klip GEM Royalty TNR Gold July 2025 73
Gold Surges to Record Highs Bloomberg: “Gold Notches Up Biggest Annual Gain Since 2010 ”. Kirill Klip GEM Royalty TNR Gold July 2025 74
Gold – Big Picture View Northstar: “Gold - Big Picture View”. Kirill Klip GEM Royalty TNR Gold July 2025 75
Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”. Kirill Klip GEM Royalty TNR Gold July 2025 76
Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”. Kirill Klip GEM Royalty TNR Gold July 2025 77
Gold vs M2 Graddhy: “Gold vs M2”. Kirill Klip GEM Royalty TNR Gold July 2025 78
Gold & Money Supply Crescat Capital: “Gold Adjusted for Money Supply”. Kirill Klip GEM Royalty TNR Gold July 2025 79
Gold & Silver and Money Supply Crescat Capital: “Gold & Silver Adjusted for Money Supply”. Kirill Klip GEM Royalty TNR Gold July 2025 80
Gold - A New All-Time High Graddhy: ”Gold - Quarterly Candles”. Kirill Klip GEM Royalty TNR Gold July 2025 81
Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”. Kirill Klip GEM Royalty TNR Gold July 2025 82
Gold - A New All-Time High Graddhy: ”Gold - Yearly Candles”. Kirill Klip GEM Royalty TNR Gold July 2025 83
Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”. Kirill Klip GEM Royalty TNR Gold July 2025 84
Gold - A New All-Time High Graddhy: ”Gold - Weekly Candles”. Kirill Klip GEM Royalty TNR Gold July 2025 85
Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”. Kirill Klip GEM Royalty TNR Gold July 2025 86
Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”, “The Wild Gold Chart TP Is $48,000”. Kirill Klip GEM Royalty TNR Gold July 2025 87
Gold & Crypto The old beautiful law of leverage can produce “miracles” or destroy the whole civilization. Kirill Klip GEM Royalty TNR Gold July 2025 88 TNR Gold December 2022
Gold - The Ultimate Hedge Gold becomes the ultimate hedge for all portfolios with equities, bonds and crypto. Kirill Klip GEM Royalty TNR Gold July 2025 89
Gold & Crypto The old beautiful law of leverage can produce “miracles” or destroy the whole civilization. Kirill Klip GEM Royalty TNR Gold July 2025 90
NFTs – Just Another Bubble Bloomberg: “Bored Apes NFT Floor Price at 2021 Lows.” Kirill Klip GEM Royalty TNR Gold July 2025 91
Gold - The Ultimate Hedge Gold – The Ultimate Hedge. (Chart by Holger Zschaepitz) Kirill Klip GEM Royalty TNR Gold July 2025 92
Gold - The Ultimate Hedge Jeroen Blokland: “Investors are literally selling Bitcoin to buy Gold as geopolitical tensions spike”. Kirill Klip GEM Royalty TNR Gold July 2025 93
Gold - The Ultimate Hedge Gold – The Ultimate Hedge. (Chart by The Great Martis) Kirill Klip GEM Royalty TNR Gold July 2025 94
The Great Rebalancing Crescat Capital: “Gold & Gold Miners as a % of Total Global Assets”. Kirill Klip GEM Royalty TNR Gold July 2025 95
Fixed Investment in Mining Crescat Capital: “Private Fixed Investment: Mining As a % of GDP”. Kirill Klip GEM Royalty TNR Gold July 2025 96
Magnitude of Capital Misallocation Crescat Capital: “Apple vs. Metals & Mining”. Kirill Klip GEM Royalty TNR Gold July 2025 97
Magnitude of Capital Misallocation Crescat Capital: “Mining Industry As a % Global Equities”. Kirill Klip GEM Royalty TNR Gold July 2025 98
Gold Miners Cash Flow Margins Crescat Capital: “Gold Miners Cash Flow Margins”. Kirill Klip GEM Royalty TNR Gold July 2025 99
S&P GSCI Commodity Index Commodity Prices Relative to Equities. (Chart by Incrementum) Kirill Klip GEM Royalty TNR Gold July 2025 100
Commodities, Equities & US Dollar Crescat Capital: “Commodities-to-Equities vs. US Dollar”. Kirill Klip GEM Royalty TNR Gold July 2025 101
Global Gold Production Crescat Capital: “Global Gold Production”. Kirill Klip GEM Royalty TNR Gold July 2025 102
Commodities vs US Stock Market Graddhy: “Commodities vs US Stock Market”. Kirill Klip GEM Royalty TNR Gold July 2025 103
Commodities vs General Equities Graddhy: “Commodities vs US stock market”. Kirill Klip GEM Royalty TNR Gold July 2025 104
Gold - The Ultimate Hedge CMV: “Warren Buffett Indicator”. Kirill Klip GEM Royalty TNR Gold July 2025 105
Gold - The Ultimate Hedge Kirill Klip GEM Royalty TNR Gold July 2025 106
Gold 2X The S&P 500 Return In The 21st Century Mike Zaccardi: “Gold 2x the S&P 500's return since the year 2000”. Kirill Klip GEM Royalty TNR Gold July 2025 107
S&P 500 & Gold Crescat Capital: “S&P 500-to-Gold Ratio”. Kirill Klip GEM Royalty TNR Gold July 2025 108
Gold vs General Equities Graddhy: “Gold vs SPY”. Kirill Klip GEM Royalty TNR Gold July 2025 109
Dow Jones vs Gold Graddhy: “Dow Jones vs Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 110
Gold vs. US Equities Crescat Capital: “Gold vs. US Equities”. Kirill Klip GEM Royalty TNR Gold July 2025 111
CDNX vs CRB Graddhy: ”CDNX vs CRB”. Kirill Klip GEM Royalty TNR Gold July 2025 112
Gold Miners vs General Equities Graddhy: “The 2nd Leg of the Secular Bull Has Already Started”. Kirill Klip GEM Royalty TNR Gold July 2025 113
Gold Miners vs General Equities Gold Bugs Index vs DOW. Kirill Klip GEM Royalty TNR Gold July 2025 114
Gold Miners Cash Flow Crescat Capital: “Gold Miners Cash Flow”. Kirill Klip GEM Royalty TNR Gold July 2025 115
Gold Miners Revenue Growth Crescat Capital: “Gold Miners – Revenue Growth”. Kirill Klip GEM Royalty TNR Gold July 2025 116
Gold Miners Cash Flow Crescat Capital: “Gold Miners – Cash Flow”. Kirill Klip GEM Royalty TNR Gold July 2025 117
Gold Miners Crescat Capital: “Gold Miners”. Kirill Klip GEM Royalty TNR Gold July 2025 118
Gold Junior Miners Crescat Capital: “Gold Junior Miners”. Kirill Klip GEM Royalty TNR Gold July 2025 119
The Gold Bug Dream Chart Stuart A. Brown: “Gold Bug Dream Chart.” Kirill Klip GEM Royalty TNR Gold July 2025 120
Gold Miners vs General Equities Graddhy: “The 2nd Leg of the Secular Bull Has Already Started”. Kirill Klip GEM Royalty TNR Gold July 2025 121
Gold Miners vs Nasdaq 100 Graddhy: “Gold Miners vs Nasdaq 100”. Kirill Klip GEM Royalty TNR Gold July 2025 122
Gold Miners vs Semiconductors Graddhy: “The 2nd Leg of the Secular Bull Has Already Started”. Kirill Klip GEM Royalty TNR Gold July 2025 123
Gold Miners Relative to Gold Formula Stocks: “Gold Miners Will Move More Than 40X from 2024”. Kirill Klip GEM Royalty TNR Gold July 2025 124
Gold Miners vs Gold Gold Bugs Index vs Gold Kirill Klip GEM Royalty TNR Gold July 2025 125
Gold Miners Graddhy: “Gold Miners vs Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 126
Gold Miners Graddhy: “Gold Miners vs Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 127
Gold Miners vs Gold Graddhy: ”Gold Miners vs Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 128
Junior Miners Crescat Capital: “Gold vs. Small Cap Explorers”. Kirill Klip GEM Royalty TNR Gold July 2025 129
Gold Miners in Great Depression Crescat Capital: “Gold Miners Shines in Great Depression”. Kirill Klip GEM Royalty TNR Gold July 2025 130
Gold Miners in Recession Crescat Capital: “Gold Miners Surged While S&P 500 Plummeted in 1973-74”. Kirill Klip GEM Royalty TNR Gold July 2025 131
Gold Miners Bull Market 1970 to 1980 Crescat Capital: “Gold Miners Bull Market 1970 -1980”. Kirill Klip GEM Royalty TNR Gold July 2025 132
Gold Miners Bull Market in 2000 Crescat Capital: “Gold Miners Bull Market in 2000”. Kirill Klip GEM Royalty TNR Gold July 2025 133
Countercyclical Setup for Explorers Crescat Capital: “Countercyclical Setup for Metal Explorers”. Kirill Klip GEM Royalty TNR Gold July 2025 134
Gold Miners Secular Bull Market Graddhy: “The 2nd Leg of the Secular Bull Has Already Started”. Kirill Klip GEM Royalty TNR Gold July 2025 135
Junior Gold Miners Graddhy: “GDXJ vs GDX Breakout”. Kirill Klip GEM Royalty TNR Gold July 2025 136
Gold Miners Graddhy: “GDXJ Monthly Candles”. Kirill Klip GEM Royalty TNR Gold July 2025 137
Magnitude of Capital Misallocation Crescat Capital: “Mining Industry As a % Global Equities”. Kirill Klip GEM Royalty TNR Gold July 2025 138
TSX Venture – Junior Miners Hub Graddhy: “TSX Venture, Weekly, Log scale”. Kirill Klip GEM Royalty TNR Gold July 2025 139
Global Gold Production Crescat Capital: “Global Gold Production”. Kirill Klip GEM Royalty TNR Gold July 2025 140
Barrick Gold Annual Production Bloomberg: “Barrick’s Gold Production”. Kirill Klip GEM Royalty TNR Gold July 2025 141
Barrick Gold Annual Production Crescat Capital: “Barrick Gold Annual Production”. Kirill Klip GEM Royalty TNR Gold July 2025 142
Gold Discoveries S&P Global: “Total Gold in major discoveries”. Kirill Klip GEM Royalty TNR Gold July 2025 143
Where Do You Look for Elephants? TNR Gold Shotgun Gold project is located in the Alaskan “Elephant Country”. Kirill Klip GEM Royalty TNR Gold July 2025 144
TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Location Of Major Granite Related Gold Deposits”. Kirill Klip GEM Royalty TNR Gold July 2025 145
TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Tintina Gold Belt Examples”. Kirill Klip GEM Royalty TNR Gold July 2025 146
TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Tintina Gold Belt”. Kirill Klip GEM Royalty TNR Gold July 2025 147
TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Geology and Vein Deposits of SW Alaska”. Kirill Klip GEM Royalty TNR Gold July 2025 148
TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Depth-fluids model for IRGS”. Kirill Klip GEM Royalty TNR Gold July 2025 149
TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Geological Exploration Model”. Kirill Klip GEM Royalty TNR Gold July 2025 150
TNR Gold Corp. Shotgun Gold Project, Alaska. Kirill Klip GEM Royalty TNR Gold July 2025 151
The Shotgun Gold Project Shotgun Gold is located in Donlin Gold Mining District, South-West Alaska. Kirill Klip GEM Royalty TNR Gold July 2025 152
The Shotgun Gold Project Shotgun Gold is located in Donlin Gold Mining District, South-West Alaska. Kirill Klip GEM Royalty TNR Gold July 2025 153
The Shotgun Gold Project TNR Gold strategy with Shotgun Gold. Kirill Klip GEM Royalty TNR Gold July 2025 154
Donlin Gold Infrastructure NOVAGOLD is developing Donlin Gold and opening new Mining District in the U.S. Kirill Klip GEM Royalty TNR Gold July 2025 155
Gold in the USA “Donlin Gold is One of Alaska’s “Most Important and Necessary Economic Development Projects”. Kirill Klip GEM Royalty TNR Gold July 2025 156
Gold in the USA “Donlin Gold is One of Alaska’s “Most Important and Necessary Economic Development Projects”. Kirill Klip GEM Royalty TNR Gold July 2025 157
Gold in the USA “Donlin Gold is One of Alaska’s “Most Important and Necessary Economic Development Projects”. Kirill Klip GEM Royalty TNR Gold July 2025 158
Gold in the USA “Donlin Gold is One of Alaska’s “Most Important and Necessary Economic Development Projects”. Kirill Klip GEM Royalty TNR Gold July 2025 159
Gold Elephant in Alaska Donlin Gold: “Extraordinary Leverage to Gold In a Place Where One Can Keep It”. Kirill Klip GEM Royalty TNR Gold July 2025 160
Gold in the USA Donlin Gold: ”One of the Most Attractive Tier-One Assets in the World Today”. Kirill Klip GEM Royalty TNR Gold July 2025 161
Gold Elephant in Alaska Donlin Gold: “Positioned to Become a Million-Ounce Gold Producer”. Kirill Klip GEM Royalty TNR Gold July 2025 162
Gold Elephant in Alaska “Donlin Gold Has More Than Double The Global Average Grade”. Kirill Klip GEM Royalty TNR Gold July 2025 163
Gold Elephant in Alaska Donlin Gold: “Excellent Exploration Potential to Add Value”. Kirill Klip GEM Royalty TNR Gold July 2025 164
New Gold Camp in the USA “Donlin Gold is One of Alaska’s “Most Important and Necessary Economic Development Projects”. Kirill Klip GEM Royalty TNR Gold July 2025 165
The Shotgun Gold Project Exploration history of Shotgun Gold project in Alaska. Kirill Klip GEM Royalty TNR Gold July 2025 166
Regional Geologic Environment Region is truly unique “Elephant Country” for large scale gold deposits. Kirill Klip GEM Royalty TNR Gold July 2025 167
Shotgun Gold Geology Predominantly underlain by Cretaceous sediments of the Kuskokwin Group. Kirill Klip GEM Royalty TNR Gold July 2025 168
Shotgun Gold Mineralization Shotgun Gold: the same age rocks and geological signature appear to resemble Donlin Gold mineralization. Kirill Klip GEM Royalty TNR Gold July 2025 169
Shotgun Ridge Shotgun Ridge - mineralized intervals. Kirill Klip GEM Royalty TNR Gold July 2025 170
Shotgun Ridge Drilling Shotgun Ridge - drill holes plan view. Kirill Klip GEM Royalty TNR Gold July 2025 171
Shotgun Ridge Shotgun Ridge - resource model cross-section A-A’ Kirill Klip GEM Royalty TNR Gold July 2025 172
The Shotgun Project The Shotgun Project - mineral resource. Kirill Klip GEM Royalty TNR Gold July 2025 173
Understanding Potential Targets Shotgun Ridge alone shows potential to host multiple closely spaced gold deposits. Kirill Klip GEM Royalty TNR Gold July 2025 174
Typical Porphyry System Magnetic image shows “ring structure” typical of porphyry systems. Kirill Klip GEM Royalty TNR Gold July 2025 175
Area of Defined Resource Multiple areas with similar structural and magnetic character are untested by drilling. Kirill Klip GEM Royalty TNR Gold July 2025 176
Chargeability Model Only one chargeability target is tested by drilling and it is mineralized. Kirill Klip GEM Royalty TNR Gold July 2025 177
Shotgun Ridge Geophysics The Shotgun Gold project – geophysics cross section. Kirill Klip GEM Royalty TNR Gold July 2025 178
Shotgun Ridge Geophysics Mineralization plotted down hole over 3D chargeability model. Kirill Klip GEM Royalty TNR Gold July 2025 179
Shotgun Ridge Potential Shotgun Ridge has untested structural intersections that may host significant Gold deposits. Kirill Klip GEM Royalty TNR Gold July 2025 180
The Shotgun Gold Opportunity Shotgun Ridge is just one of multiple gold target areas. Kirill Klip GEM Royalty TNR Gold July 2025 181
Shotgun Ridge Shotgun Ridge - inferred resource estimate. Kirill Klip GEM Royalty TNR Gold July 2025 182
Strategic Partner - Gold in the USA TNR Gold is looking for strategic partner to unlock the potential of Shotgun Gold development. Kirill Klip GEM Royalty TNR Gold July 2025 183
TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Location of Major Intrusion Related Gold Systems in Sn-W Provinces”. Kirill Klip GEM Royalty TNR Gold July 2025 184
GEM Royalty Co. TNR Gold Corp. • Becoming The Green Energy Metals Royalty Co. • Assets with major companies as Operators. • Green Energy Metals: Lithium, Copper, and Silver. • TNR holds NSR Royalty on Los Azules Copper. • TNR holds NSR Royalty on Mariana Lithium. • TNR Holds NPR Royalty on Batidero, Josemaria. • TNR holds 90% stake in Shotgun Gold, Alaska. • TNR Gold presentations on www.tnrgoldcorp.com • All information is available on www.sedar.com Kirill Klip GEM Royalty TNR Gold July 2025 185
Thank you! Energy rEVolution & Gold. The World Just Before The INTERNET. Contact k.klip@btinternet.com Visit www.kirillklip.blogspot.com Follow on Twitter @kirillklip Kirill Klip GEM Royalty TNR Gold July 2025 186

More Related Content

PDF
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Presentation May 2020
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Presentation November 2020
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Presentation
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Presentation May 2020
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Presentation November 2020
Kirill Klip
 

Similar to Kirill Klip GEM Royalty TNR Gold Presentation (20)

PDF
Kirill Klip GEM Royalty TNR Gold Presentation November 2019
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Presentation May 2019
Kirill Klip
 
PDF
Superfund
ridhoputradi
 
PDF
Incrementum: "Preview Chartbook of the In Gold We Trust Report 2020."
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Presentation January 2019.
Kirill Klip
 
PPTX
May 25 I Session 1 I GBIH
GBIHSupport
 
PPTX
May 12 I Session 1 I GBIH
GBIHSupport
 
PPTX
June 3 I Session 1 I GBIH
GBIHSupport
 
PPTX
April 9 | Session 1 | GBIH
GBIHSupport
 
PPTX
November 8 l Session 2 l GBIH
GBIHSupport
 
PDF
Gold rep2012
lincolnxs
 
PDF
Gold Wars by Gary North
Gandhi Legacy Tour
 
PPTX
May 9 I Session 1 I GBIH
GBIHSupport
 
PPTX
May 27 I Session 2 I GBIH
GBIHSupport
 
DOCX
Is gold a good bet
TariqCarrimjee
 
PDF
Topsy tury week for gold
eveforextrading
 
PDF
Kirill Klip GEM Royalty TNR Gold Presentation January 2019
Kirill Klip
 
PPTX
June 23 I Session 2 I GBIH
GBIHSupport
 
PPTX
May 10 I Session 1 I GBIH
GBIHSupport
 
PDF
Investors Guide to the Gold Market (2).pdf
JakeCompton2
 
Kirill Klip GEM Royalty TNR Gold Presentation November 2019
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Presentation May 2019
Kirill Klip
 
Superfund
ridhoputradi
 
Incrementum: "Preview Chartbook of the In Gold We Trust Report 2020."
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Presentation January 2019.
Kirill Klip
 
May 25 I Session 1 I GBIH
GBIHSupport
 
May 12 I Session 1 I GBIH
GBIHSupport
 
June 3 I Session 1 I GBIH
GBIHSupport
 
April 9 | Session 1 | GBIH
GBIHSupport
 
November 8 l Session 2 l GBIH
GBIHSupport
 
Gold rep2012
lincolnxs
 
Gold Wars by Gary North
Gandhi Legacy Tour
 
May 9 I Session 1 I GBIH
GBIHSupport
 
May 27 I Session 2 I GBIH
GBIHSupport
 
Is gold a good bet
TariqCarrimjee
 
Topsy tury week for gold
eveforextrading
 
Kirill Klip GEM Royalty TNR Gold Presentation January 2019
Kirill Klip
 
June 23 I Session 2 I GBIH
GBIHSupport
 
May 10 I Session 1 I GBIH
GBIHSupport
 
Investors Guide to the Gold Market (2).pdf
JakeCompton2
 
Ad

More from Kirill Klip (20)

PDF
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip
 
PDF
TNR Gold Investor Elevator Pitch - Building The Green Energy Metals Royalty a...
Kirill Klip
 
PDF
TNR Gold Investor Summary - Building The Green Energy Metals Royalty and Gold...
Kirill Klip
 
PDF
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
Kirill Klip
 
PDF
TNR Gold Shotgun Gold Project Presentation
Kirill Klip
 
PDF
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip
 
PDF
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
Kirill Klip
 
PDF
TNR Gold Shotgun Gold Project Presentation
Kirill Klip
 
PDF
TNR Gold Investor Presentation: Building The Green Energy Metals Royalty and ...
Kirill Klip
 
PDF
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
Kirill Klip
 
PDF
TNR Gold Shotgun Gold Project Presentation
Kirill Klip
 
PDF
TNR Gold Investor Presentation: Building The Green Energy Metals Royalty and ...
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip
 
PDF
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip
 
PDF
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
Kirill Klip
 
PDF
TNR Gold Shotgun Gold Project Presentation
Kirill Klip
 
PDF
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip
 
TNR Gold Investor Elevator Pitch - Building The Green Energy Metals Royalty a...
Kirill Klip
 
TNR Gold Investor Summary - Building The Green Energy Metals Royalty and Gold...
Kirill Klip
 
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
Kirill Klip
 
TNR Gold Shotgun Gold Project Presentation
Kirill Klip
 
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip
 
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
Kirill Klip
 
TNR Gold Shotgun Gold Project Presentation
Kirill Klip
 
TNR Gold Investor Presentation: Building The Green Energy Metals Royalty and ...
Kirill Klip
 
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
Kirill Klip
 
TNR Gold Shotgun Gold Project Presentation
Kirill Klip
 
TNR Gold Investor Presentation: Building The Green Energy Metals Royalty and ...
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip
 
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip
 
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
Kirill Klip
 
TNR Gold Shotgun Gold Project Presentation
Kirill Klip
 
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...
Kirill Klip
 
Ad

Recently uploaded (20)

PDF
Introduction to Generative Engine Optimization (GEO)
seoplus+
 
PPTX
Slide gioi thieu VietinBank Quy 2 - 2025
hoadm5190
 
PDF
PMB 401-Identification-of-Potential-Biotechnological-Products.pdf
princessbliss09
 
PPTX
IITM - FINAL Option - 01 - 12.08.25.pptx
MukeshAssociates2
 
PPTX
BUSINESS CYCLE_INFLATION AND UNEMPLOYMENT.pptx
TasmiaThalil
 
PDF
533158074-Saudi-Arabia-Companies-List-Contact.pdf
Shaik Abubakr Siddiqui
 
PDF
Environmental Law Communication: Strategies for Advocacy (www.kiu.ac.ug)
publication11
 
DOCX
80 DE ÔN VÀO 10 NĂM 2023vhkkkjjhhhhjjjj
janggookdal
 
PDF
THE COMPLETE GUIDE TO BUILDING PASSIVE INCOME ONLINE
Malcolm86
 
PDF
Chapter 2 - AI chatbots and prompt engineering.pdf
Quan Risk
 
PDF
Nante Industrial Plug Factory: Engineering Quality for Modern Power Applications
gdhdgee963
 
PDF
NISM Series V-A MFD Workbook v December 2024.khhhjtgvwevoypdnew one must use ...
RoopaSherkar
 
PDF
ANALYZING THE OPPORTUNITIES OF DIGITAL MARKETING IN BANGLADESH TO PROVIDE AN ...
IJMIT JOURNAL
 
PDF
NEW - FEES STRUCTURES (01-july-2024).pdf
priyansubarmanwork
 
PDF
Keppel_Proposed Divestment of M1 Limited
KeppelCorporation
 
PPTX
2 - Self & Personality 587689213yiuedhwejbmansbeakjrk
inshu28231804
 
PPTX
svnfcksanfskjcsnvvjknsnvsdscnsncxasxa saccacxsax
ergvedfvef sdvsfvdvd
 
DOCX
FINALS-BSHhchcuvivicucucucucM-Centro.docx
RosemarieMacapagal1
 
PPTX
interschool scomp.pptxzdkjhdjvdjvdjdhjhieij
PrashantNagi1
 
PPT
Lecture notes on Business Research Methods
obedgyan3
 
Introduction to Generative Engine Optimization (GEO)
seoplus+
 
Slide gioi thieu VietinBank Quy 2 - 2025
hoadm5190
 
PMB 401-Identification-of-Potential-Biotechnological-Products.pdf
princessbliss09
 
IITM - FINAL Option - 01 - 12.08.25.pptx
MukeshAssociates2
 
BUSINESS CYCLE_INFLATION AND UNEMPLOYMENT.pptx
TasmiaThalil
 
533158074-Saudi-Arabia-Companies-List-Contact.pdf
Shaik Abubakr Siddiqui
 
Environmental Law Communication: Strategies for Advocacy (www.kiu.ac.ug)
publication11
 
80 DE ÔN VÀO 10 NĂM 2023vhkkkjjhhhhjjjj
janggookdal
 
THE COMPLETE GUIDE TO BUILDING PASSIVE INCOME ONLINE
Malcolm86
 
Chapter 2 - AI chatbots and prompt engineering.pdf
Quan Risk
 
Nante Industrial Plug Factory: Engineering Quality for Modern Power Applications
gdhdgee963
 
NISM Series V-A MFD Workbook v December 2024.khhhjtgvwevoypdnew one must use ...
RoopaSherkar
 
ANALYZING THE OPPORTUNITIES OF DIGITAL MARKETING IN BANGLADESH TO PROVIDE AN ...
IJMIT JOURNAL
 
NEW - FEES STRUCTURES (01-july-2024).pdf
priyansubarmanwork
 
Keppel_Proposed Divestment of M1 Limited
KeppelCorporation
 
2 - Self & Personality 587689213yiuedhwejbmansbeakjrk
inshu28231804
 
svnfcksanfskjcsnvvjknsnvsdscnsncxasxa saccacxsax
ergvedfvef sdvsfvdvd
 
FINALS-BSHhchcuvivicucucucucM-Centro.docx
RosemarieMacapagal1
 
interschool scomp.pptxzdkjhdjvdjvdjdhjhieij
PrashantNagi1
 
Lecture notes on Business Research Methods
obedgyan3
 

Kirill Klip GEM Royalty TNR Gold Presentation

  • 1. Gold Gold in the USA: Solid Values in Uncertain Times Kirill Klip GEM Royalty TNR Gold July 2025 1
  • 2. Legal Disclaimer All information about TNR Gold and NOVAGOLD is presented using publicly available data. Kirill Klip GEM Royalty TNR Gold July 2025 2
  • 3. Legal Disclaimer for the U.S. Please read legal disclaimers. There is no investment advice in this presentation. Always consult your qualified financial adviser before investment decisions. Kirill Klip GEM Royalty TNR Gold July 2025 3
  • 4. Gold - A New All-Time High Gold Surged Over $3,500. Kirill Klip GEM Royalty TNR Gold July 2025 4
  • 5. Gold - A New All-Time High Gold Surged Over $3,500 on April 22, 2025. Kirill Klip GEM Royalty TNR Gold July 2025 5
  • 6. Gold - A New All-Time High Gold Surged Over $3,500. Kirill Klip GEM Royalty TNR Gold July 2025 6
  • 7. Gold Surges to Record Highs Bloomberg: “Gold Hits Fresh All-Time High”. Kirill Klip GEM Royalty TNR Gold July 2025 7
  • 8. Gold Surges to Record Highs Bloomberg: “Gold Hits Fresh All-Time High”. Kirill Klip GEM Royalty TNR Gold July 2025 8
  • 9. Gold - A New All-Time High Gold Made the Highest Daily Close in History at $3,433. Kirill Klip GEM Royalty TNR Gold July 2025 9
  • 10. Gold - A New All-Time High Gold Made the Highest Daily Close in History at $3,433 on June 13, 2025. Kirill Klip GEM Royalty TNR Gold July 2025 10
  • 11. Gold - A New All-Time High Gold Made the Highest Daily Close in History at $3,433. Kirill Klip GEM Royalty TNR Gold July 2025 11
  • 12. Gold - A New All-Time High Bloomberg: “Gold’s Return in 50 years Exceeds Bonds”. Kirill Klip GEM Royalty TNR Gold July 2025 12
  • 13. Gold - A New Weekly ATH Gold Made the Highest Weekly Close in History at $3,433. Kirill Klip GEM Royalty TNR Gold July 2025 13
  • 14. Gold - A New Monthly ATH Gold Made the Highest Monthly Close in History at $3,302. Kirill Klip GEM Royalty TNR Gold July 2025 14
  • 15. Gold - A New Quarterly ATH Gold Made the Highest Quarterly Close in History at $3,302. Kirill Klip GEM Royalty TNR Gold July 2025 15
  • 16. Gold - A New All-Time High Bloomberg: “Gold’s Return in 50 years Exceeds Bonds”. Kirill Klip GEM Royalty TNR Gold July 2025 16
  • 17. Gold - A New All-Time High Bloomberg: “Bond/Gold Ratio Breaks Decades=Long Support Line”. Kirill Klip GEM Royalty TNR Gold July 2025 17
  • 18. Gold - A New Yearly ATH Gold Made the Highest Yearly Close in History at $2,624. Kirill Klip GEM Royalty TNR Gold July 2025 18
  • 19. Gold Surges to Record Highs Bloomberg: “Gold Notches Up Biggest Annual Gain Since 2010 ”. Kirill Klip GEM Royalty TNR Gold July 2025 19
  • 20. Gold Surges to Record Highs Bloomberg: “Gold Inflation-Adjusted Peak”. Kirill Klip GEM Royalty TNR Gold July 2025 20
  • 21. The History of Gold Cycles Crescat Capital: “The History of Gold Cycles”. Kirill Klip GEM Royalty TNR Gold July 2025 21
  • 22. Gold Surges to Record Highs Bloomberg: “Gold Inflation-Adjusted Peak”. Kirill Klip GEM Royalty TNR Gold July 2025 22
  • 23. The Green Energy Metals Royalty & Gold Company. TNR Gold Corp. Kirill Klip GEM Royalty TNR Gold July 2025 23
  • 24. The Green Energy Metals Royalty Co. TNR Gold Corp. Kirill Klip GEM Royalty TNR Gold July 2025 24
  • 25. The Green Energy Metals Royalty Co. TNR Gold Corp. Kirill Klip GEM Royalty TNR Gold July 2025 25
  • 26. The Green Energy Metals Royalty Co. TNR Gold Corp. Kirill Klip GEM Royalty TNR Gold July 2025 26
  • 27. The Green Energy Metals Royalty Co. TNR Gold Corp. Kirill Klip GEM Royalty TNR Gold July 2025 27
  • 28. TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Location Of Major Intrusion Related Gold Deposits”. Kirill Klip GEM Royalty TNR Gold July 2025 28
  • 29. TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Location of Major Intrusion Related Gold Deposits”. Kirill Klip GEM Royalty TNR Gold July 2025 29
  • 30. Record Global Debt Global debt surpassed record $315T and is much higher than before The Great Recession of 2008. Kirill Klip GEM Royalty TNR Gold July 2025 30
  • 31. Record National Debt U.S. Gross National Debt Is $37T - Much Higher Than Before The Great Recession of 2008. Kirill Klip GEM Royalty TNR Gold July 2025 31
  • 32. US Gold Reserves & Debt Crescat Capital: “US Gold Reserves As a % of Government Debt”. Kirill Klip GEM Royalty TNR Gold July 2025 32
  • 33. US vs. Global Gold Reserves Crescat Capital: “US vs Global Gold Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 33
  • 34. Gold In Central Banks Reserves Bloomberg: “Gold is 2nd Largest Component of Global Central Banks Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 34
  • 35. Gold & FED Rate Hikes Incrementum: “Gold Bottomed Soon After Greenspan’s 1st Hike in 1999”. Kirill Klip GEM Royalty TNR Gold July 2025 35
  • 36. Gold vs. 30-Year Interest Rates Crescat Capital: “Gold vs. 30-Year Interest Rates”. Kirill Klip GEM Royalty TNR Gold July 2025 36
  • 37. Gold Surges to Record Highs Bloomberg: “Global Gold Demand Edges Higher to Record in 2024”. Kirill Klip GEM Royalty TNR Gold July 2025 37
  • 38. Gold Hits Record Highs Bloomberg: “Gold ETF share of Equity ETFs”. Kirill Klip GEM Royalty TNR Gold July 2025 38
  • 39. Gold Surges to Record Highs Bloomberg: “Global Gold Demand Edges Higher to Record in 2024”. Kirill Klip GEM Royalty TNR Gold July 2025 39
  • 40. Gold ETF Holdings Gold ETF Holdings. (Chart by Holger Zschaepitz) Kirill Klip GEM Royalty TNR Gold July 2025 40
  • 41. Gold Allocations Topdown Charts: “Implied Allocations - Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 41
  • 42. Gold Miners Allocations Topdown Charts: “Implied Allocations – Gold Miners”. Kirill Klip GEM Royalty TNR Gold July 2025 42
  • 43. Investors Selling Gold ETFs Bloomberg: “Investors Sold Gold ETFs”. Kirill Klip GEM Royalty TNR Gold July 2025 43
  • 44. Gold Surges to Record Highs Bloomberg: “Investors Become Net Buyers of Gold ETFs”. Kirill Klip GEM Royalty TNR Gold July 2025 44
  • 45. Gold Surges to Record Highs Bloomberg: “Investors Become Net Buyers of Gold ETFs”. Kirill Klip GEM Royalty TNR Gold July 2025 45
  • 46. Gold ETF Funds Flow Bloomberg: “Gold Funds Attract $12B in Two Months”. Kirill Klip GEM Royalty TNR Gold July 2025 46
  • 47. Gold ETF Funds Flow Bloomberg: “Gold Funds Attract $12B in Two Months”. Kirill Klip GEM Royalty TNR Gold July 2025 47
  • 48. Gold ETF Funds Flow Bloomberg: “Gold-Backed ETFs Make a Comeback”. Kirill Klip GEM Royalty TNR Gold July 2025 48
  • 49. Gold ETFs in China Bloomberg: “Gold-Backed ETFs in China Attract More Funds”. Kirill Klip GEM Royalty TNR Gold July 2025 49
  • 50. Chinese Gold ETF Inflows Bloomberg: “Inflows to Chinese Gold-Backed ETFs Reached Unprecedented Levels”. Kirill Klip GEM Royalty TNR Gold July 2025 50
  • 51. Chinese Gold ETF Inflows Bloomberg: “Inflows to Chinese Gold-Backed ETFs Reached Unprecedented Levels”. Kirill Klip GEM Royalty TNR Gold July 2025 51
  • 52. China’s Gold Rush Crescat Capital: “China‘s Gold Rush”. Kirill Klip GEM Royalty TNR Gold July 2025 52
  • 53. Chinese Gold Trading Activity FT: “Chinese Gold Trading Activity Explodes”. Kirill Klip GEM Royalty TNR Gold July 2025 53
  • 54. Chinese Funds Supercharge Gold FT: “Chinese Funds Supercharge Gold’s Rally”. Kirill Klip GEM Royalty TNR Gold July 2025 54
  • 55. Chinese Gold Imports Surge Bloomberg: “Chinese Gold Imports Surge on Investment Frenzy”. Kirill Klip GEM Royalty TNR Gold July 2025 55
  • 56. China Reports Jump in Reserves IMF: “China Gold Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 56
  • 57. China’s Central Bank Buys Gold Bloomberg: “China’s Central Bank Buys Gold in Volatile Sessions”. Kirill Klip GEM Royalty TNR Gold July 2025 57
  • 58. Chinese Gold Imports Surge Bloomberg: “Chinese Gold Imports Surge on Investment Frenzy”. Kirill Klip GEM Royalty TNR Gold July 2025 58
  • 59. China’s Central Bank Buys Gold Bloomberg: “China’s Central Bank Buys Gold in Volatile Sessions”. Kirill Klip GEM Royalty TNR Gold July 2025 59
  • 60. China Resumes Buying Gold SAFE: “China - Gold Held in Official FX Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 60
  • 61. China Reports Jump in Reserves Gold Charts R Us: “Chinese Gold Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 61
  • 62. China & India Gold Purchases Bloomberg: “Demand for Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 62
  • 63. Largest Gold Reserves Countries With the Largest Gold Reserves in the World. Kirill Klip GEM Royalty TNR Gold July 2025 63
  • 64. Central Bank Gold Demand Soared Visual Capitalist: “30 Years of Central Bank Gold Demand”. Kirill Klip GEM Royalty TNR Gold July 2025 64
  • 65. Foreign Central Banks Buy Gold Crescat Capital: “Foreign Central Banks Buy Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 65
  • 66. Central Banks Buy Gold Crescat Capital: “Central Banks Gold Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 66
  • 67. Central Bank Gold Demand Dan Popescu: “Central Bank Gold Demand”. Kirill Klip GEM Royalty TNR Gold July 2025 67
  • 68. Central Bank Gold Buying Bloomberg: “Central Bank Gold Buying”. Kirill Klip GEM Royalty TNR Gold July 2025 68
  • 69. Central Banks Speed Up Gold Purchases Bloomberg: “Central Banks Speed Up Gold Purchases”. Kirill Klip GEM Royalty TNR Gold July 2025 69
  • 70. Undeclared Gold Buying Bloomberg: “Most Buying by Central Banks Is Undeclared”. Kirill Klip GEM Royalty TNR Gold July 2025 70
  • 71. Central Banks Speed Up Gold Purchases IMF: “International Gold Reserves”. Kirill Klip GEM Royalty TNR Gold July 2025 71
  • 72. Undeclared Gold Buying Bloomberg: “Most Buying by Central Banks Is Undeclared”. Kirill Klip GEM Royalty TNR Gold July 2025 72
  • 73. Central Bank Gold Demand Bloomberg: “Central Bank Gold Demand”. Kirill Klip GEM Royalty TNR Gold July 2025 73
  • 74. Gold Surges to Record Highs Bloomberg: “Gold Notches Up Biggest Annual Gain Since 2010 ”. Kirill Klip GEM Royalty TNR Gold July 2025 74
  • 75. Gold – Big Picture View Northstar: “Gold - Big Picture View”. Kirill Klip GEM Royalty TNR Gold July 2025 75
  • 76. Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”. Kirill Klip GEM Royalty TNR Gold July 2025 76
  • 77. Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”. Kirill Klip GEM Royalty TNR Gold July 2025 77
  • 78. Gold vs M2 Graddhy: “Gold vs M2”. Kirill Klip GEM Royalty TNR Gold July 2025 78
  • 79. Gold & Money Supply Crescat Capital: “Gold Adjusted for Money Supply”. Kirill Klip GEM Royalty TNR Gold July 2025 79
  • 80. Gold & Silver and Money Supply Crescat Capital: “Gold & Silver Adjusted for Money Supply”. Kirill Klip GEM Royalty TNR Gold July 2025 80
  • 81. Gold - A New All-Time High Graddhy: ”Gold - Quarterly Candles”. Kirill Klip GEM Royalty TNR Gold July 2025 81
  • 82. Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”. Kirill Klip GEM Royalty TNR Gold July 2025 82
  • 83. Gold - A New All-Time High Graddhy: ”Gold - Yearly Candles”. Kirill Klip GEM Royalty TNR Gold July 2025 83
  • 84. Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”. Kirill Klip GEM Royalty TNR Gold July 2025 84
  • 85. Gold - A New All-Time High Graddhy: ”Gold - Weekly Candles”. Kirill Klip GEM Royalty TNR Gold July 2025 85
  • 86. Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”. Kirill Klip GEM Royalty TNR Gold July 2025 86
  • 87. Gold $10,000 - $15,000 Is Next Graddhy: “Gold $10,000 - $15,000 Is Next”, “The Wild Gold Chart TP Is $48,000”. Kirill Klip GEM Royalty TNR Gold July 2025 87
  • 88. Gold & Crypto The old beautiful law of leverage can produce “miracles” or destroy the whole civilization. Kirill Klip GEM Royalty TNR Gold July 2025 88 TNR Gold December 2022
  • 89. Gold - The Ultimate Hedge Gold becomes the ultimate hedge for all portfolios with equities, bonds and crypto. Kirill Klip GEM Royalty TNR Gold July 2025 89
  • 90. Gold & Crypto The old beautiful law of leverage can produce “miracles” or destroy the whole civilization. Kirill Klip GEM Royalty TNR Gold July 2025 90
  • 91. NFTs – Just Another Bubble Bloomberg: “Bored Apes NFT Floor Price at 2021 Lows.” Kirill Klip GEM Royalty TNR Gold July 2025 91
  • 92. Gold - The Ultimate Hedge Gold – The Ultimate Hedge. (Chart by Holger Zschaepitz) Kirill Klip GEM Royalty TNR Gold July 2025 92
  • 93. Gold - The Ultimate Hedge Jeroen Blokland: “Investors are literally selling Bitcoin to buy Gold as geopolitical tensions spike”. Kirill Klip GEM Royalty TNR Gold July 2025 93
  • 94. Gold - The Ultimate Hedge Gold – The Ultimate Hedge. (Chart by The Great Martis) Kirill Klip GEM Royalty TNR Gold July 2025 94
  • 95. The Great Rebalancing Crescat Capital: “Gold & Gold Miners as a % of Total Global Assets”. Kirill Klip GEM Royalty TNR Gold July 2025 95
  • 96. Fixed Investment in Mining Crescat Capital: “Private Fixed Investment: Mining As a % of GDP”. Kirill Klip GEM Royalty TNR Gold July 2025 96
  • 97. Magnitude of Capital Misallocation Crescat Capital: “Apple vs. Metals & Mining”. Kirill Klip GEM Royalty TNR Gold July 2025 97
  • 98. Magnitude of Capital Misallocation Crescat Capital: “Mining Industry As a % Global Equities”. Kirill Klip GEM Royalty TNR Gold July 2025 98
  • 99. Gold Miners Cash Flow Margins Crescat Capital: “Gold Miners Cash Flow Margins”. Kirill Klip GEM Royalty TNR Gold July 2025 99
  • 100. S&P GSCI Commodity Index Commodity Prices Relative to Equities. (Chart by Incrementum) Kirill Klip GEM Royalty TNR Gold July 2025 100
  • 101. Commodities, Equities & US Dollar Crescat Capital: “Commodities-to-Equities vs. US Dollar”. Kirill Klip GEM Royalty TNR Gold July 2025 101
  • 102. Global Gold Production Crescat Capital: “Global Gold Production”. Kirill Klip GEM Royalty TNR Gold July 2025 102
  • 103. Commodities vs US Stock Market Graddhy: “Commodities vs US Stock Market”. Kirill Klip GEM Royalty TNR Gold July 2025 103
  • 104. Commodities vs General Equities Graddhy: “Commodities vs US stock market”. Kirill Klip GEM Royalty TNR Gold July 2025 104
  • 105. Gold - The Ultimate Hedge CMV: “Warren Buffett Indicator”. Kirill Klip GEM Royalty TNR Gold July 2025 105
  • 106. Gold - The Ultimate Hedge Kirill Klip GEM Royalty TNR Gold July 2025 106
  • 107. Gold 2X The S&P 500 Return In The 21st Century Mike Zaccardi: “Gold 2x the S&P 500's return since the year 2000”. Kirill Klip GEM Royalty TNR Gold July 2025 107
  • 108. S&P 500 & Gold Crescat Capital: “S&P 500-to-Gold Ratio”. Kirill Klip GEM Royalty TNR Gold July 2025 108
  • 109. Gold vs General Equities Graddhy: “Gold vs SPY”. Kirill Klip GEM Royalty TNR Gold July 2025 109
  • 110. Dow Jones vs Gold Graddhy: “Dow Jones vs Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 110
  • 111. Gold vs. US Equities Crescat Capital: “Gold vs. US Equities”. Kirill Klip GEM Royalty TNR Gold July 2025 111
  • 112. CDNX vs CRB Graddhy: ”CDNX vs CRB”. Kirill Klip GEM Royalty TNR Gold July 2025 112
  • 113. Gold Miners vs General Equities Graddhy: “The 2nd Leg of the Secular Bull Has Already Started”. Kirill Klip GEM Royalty TNR Gold July 2025 113
  • 114. Gold Miners vs General Equities Gold Bugs Index vs DOW. Kirill Klip GEM Royalty TNR Gold July 2025 114
  • 115. Gold Miners Cash Flow Crescat Capital: “Gold Miners Cash Flow”. Kirill Klip GEM Royalty TNR Gold July 2025 115
  • 116. Gold Miners Revenue Growth Crescat Capital: “Gold Miners – Revenue Growth”. Kirill Klip GEM Royalty TNR Gold July 2025 116
  • 117. Gold Miners Cash Flow Crescat Capital: “Gold Miners – Cash Flow”. Kirill Klip GEM Royalty TNR Gold July 2025 117
  • 118. Gold Miners Crescat Capital: “Gold Miners”. Kirill Klip GEM Royalty TNR Gold July 2025 118
  • 119. Gold Junior Miners Crescat Capital: “Gold Junior Miners”. Kirill Klip GEM Royalty TNR Gold July 2025 119
  • 120. The Gold Bug Dream Chart Stuart A. Brown: “Gold Bug Dream Chart.” Kirill Klip GEM Royalty TNR Gold July 2025 120
  • 121. Gold Miners vs General Equities Graddhy: “The 2nd Leg of the Secular Bull Has Already Started”. Kirill Klip GEM Royalty TNR Gold July 2025 121
  • 122. Gold Miners vs Nasdaq 100 Graddhy: “Gold Miners vs Nasdaq 100”. Kirill Klip GEM Royalty TNR Gold July 2025 122
  • 123. Gold Miners vs Semiconductors Graddhy: “The 2nd Leg of the Secular Bull Has Already Started”. Kirill Klip GEM Royalty TNR Gold July 2025 123
  • 124. Gold Miners Relative to Gold Formula Stocks: “Gold Miners Will Move More Than 40X from 2024”. Kirill Klip GEM Royalty TNR Gold July 2025 124
  • 125. Gold Miners vs Gold Gold Bugs Index vs Gold Kirill Klip GEM Royalty TNR Gold July 2025 125
  • 126. Gold Miners Graddhy: “Gold Miners vs Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 126
  • 127. Gold Miners Graddhy: “Gold Miners vs Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 127
  • 128. Gold Miners vs Gold Graddhy: ”Gold Miners vs Gold”. Kirill Klip GEM Royalty TNR Gold July 2025 128
  • 129. Junior Miners Crescat Capital: “Gold vs. Small Cap Explorers”. Kirill Klip GEM Royalty TNR Gold July 2025 129
  • 130. Gold Miners in Great Depression Crescat Capital: “Gold Miners Shines in Great Depression”. Kirill Klip GEM Royalty TNR Gold July 2025 130
  • 131. Gold Miners in Recession Crescat Capital: “Gold Miners Surged While S&P 500 Plummeted in 1973-74”. Kirill Klip GEM Royalty TNR Gold July 2025 131
  • 132. Gold Miners Bull Market 1970 to 1980 Crescat Capital: “Gold Miners Bull Market 1970 -1980”. Kirill Klip GEM Royalty TNR Gold July 2025 132
  • 133. Gold Miners Bull Market in 2000 Crescat Capital: “Gold Miners Bull Market in 2000”. Kirill Klip GEM Royalty TNR Gold July 2025 133
  • 134. Countercyclical Setup for Explorers Crescat Capital: “Countercyclical Setup for Metal Explorers”. Kirill Klip GEM Royalty TNR Gold July 2025 134
  • 135. Gold Miners Secular Bull Market Graddhy: “The 2nd Leg of the Secular Bull Has Already Started”. Kirill Klip GEM Royalty TNR Gold July 2025 135
  • 136. Junior Gold Miners Graddhy: “GDXJ vs GDX Breakout”. Kirill Klip GEM Royalty TNR Gold July 2025 136
  • 137. Gold Miners Graddhy: “GDXJ Monthly Candles”. Kirill Klip GEM Royalty TNR Gold July 2025 137
  • 138. Magnitude of Capital Misallocation Crescat Capital: “Mining Industry As a % Global Equities”. Kirill Klip GEM Royalty TNR Gold July 2025 138
  • 139. TSX Venture – Junior Miners Hub Graddhy: “TSX Venture, Weekly, Log scale”. Kirill Klip GEM Royalty TNR Gold July 2025 139
  • 140. Global Gold Production Crescat Capital: “Global Gold Production”. Kirill Klip GEM Royalty TNR Gold July 2025 140
  • 141. Barrick Gold Annual Production Bloomberg: “Barrick’s Gold Production”. Kirill Klip GEM Royalty TNR Gold July 2025 141
  • 142. Barrick Gold Annual Production Crescat Capital: “Barrick Gold Annual Production”. Kirill Klip GEM Royalty TNR Gold July 2025 142
  • 143. Gold Discoveries S&P Global: “Total Gold in major discoveries”. Kirill Klip GEM Royalty TNR Gold July 2025 143
  • 144. Where Do You Look for Elephants? TNR Gold Shotgun Gold project is located in the Alaskan “Elephant Country”. Kirill Klip GEM Royalty TNR Gold July 2025 144
  • 145. TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Location Of Major Granite Related Gold Deposits”. Kirill Klip GEM Royalty TNR Gold July 2025 145
  • 146. TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Tintina Gold Belt Examples”. Kirill Klip GEM Royalty TNR Gold July 2025 146
  • 147. TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Tintina Gold Belt”. Kirill Klip GEM Royalty TNR Gold July 2025 147
  • 148. TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Geology and Vein Deposits of SW Alaska”. Kirill Klip GEM Royalty TNR Gold July 2025 148
  • 149. TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Depth-fluids model for IRGS”. Kirill Klip GEM Royalty TNR Gold July 2025 149
  • 150. TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Geological Exploration Model”. Kirill Klip GEM Royalty TNR Gold July 2025 150
  • 151. TNR Gold Corp. Shotgun Gold Project, Alaska. Kirill Klip GEM Royalty TNR Gold July 2025 151
  • 152. The Shotgun Gold Project Shotgun Gold is located in Donlin Gold Mining District, South-West Alaska. Kirill Klip GEM Royalty TNR Gold July 2025 152
  • 153. The Shotgun Gold Project Shotgun Gold is located in Donlin Gold Mining District, South-West Alaska. Kirill Klip GEM Royalty TNR Gold July 2025 153
  • 154. The Shotgun Gold Project TNR Gold strategy with Shotgun Gold. Kirill Klip GEM Royalty TNR Gold July 2025 154
  • 155. Donlin Gold Infrastructure NOVAGOLD is developing Donlin Gold and opening new Mining District in the U.S. Kirill Klip GEM Royalty TNR Gold July 2025 155
  • 156. Gold in the USA “Donlin Gold is One of Alaska’s “Most Important and Necessary Economic Development Projects”. Kirill Klip GEM Royalty TNR Gold July 2025 156
  • 157. Gold in the USA “Donlin Gold is One of Alaska’s “Most Important and Necessary Economic Development Projects”. Kirill Klip GEM Royalty TNR Gold July 2025 157
  • 158. Gold in the USA “Donlin Gold is One of Alaska’s “Most Important and Necessary Economic Development Projects”. Kirill Klip GEM Royalty TNR Gold July 2025 158
  • 159. Gold in the USA “Donlin Gold is One of Alaska’s “Most Important and Necessary Economic Development Projects”. Kirill Klip GEM Royalty TNR Gold July 2025 159
  • 160. Gold Elephant in Alaska Donlin Gold: “Extraordinary Leverage to Gold In a Place Where One Can Keep It”. Kirill Klip GEM Royalty TNR Gold July 2025 160
  • 161. Gold in the USA Donlin Gold: ”One of the Most Attractive Tier-One Assets in the World Today”. Kirill Klip GEM Royalty TNR Gold July 2025 161
  • 162. Gold Elephant in Alaska Donlin Gold: “Positioned to Become a Million-Ounce Gold Producer”. Kirill Klip GEM Royalty TNR Gold July 2025 162
  • 163. Gold Elephant in Alaska “Donlin Gold Has More Than Double The Global Average Grade”. Kirill Klip GEM Royalty TNR Gold July 2025 163
  • 164. Gold Elephant in Alaska Donlin Gold: “Excellent Exploration Potential to Add Value”. Kirill Klip GEM Royalty TNR Gold July 2025 164
  • 165. New Gold Camp in the USA “Donlin Gold is One of Alaska’s “Most Important and Necessary Economic Development Projects”. Kirill Klip GEM Royalty TNR Gold July 2025 165
  • 166. The Shotgun Gold Project Exploration history of Shotgun Gold project in Alaska. Kirill Klip GEM Royalty TNR Gold July 2025 166
  • 167. Regional Geologic Environment Region is truly unique “Elephant Country” for large scale gold deposits. Kirill Klip GEM Royalty TNR Gold July 2025 167
  • 168. Shotgun Gold Geology Predominantly underlain by Cretaceous sediments of the Kuskokwin Group. Kirill Klip GEM Royalty TNR Gold July 2025 168
  • 169. Shotgun Gold Mineralization Shotgun Gold: the same age rocks and geological signature appear to resemble Donlin Gold mineralization. Kirill Klip GEM Royalty TNR Gold July 2025 169
  • 170. Shotgun Ridge Shotgun Ridge - mineralized intervals. Kirill Klip GEM Royalty TNR Gold July 2025 170
  • 171. Shotgun Ridge Drilling Shotgun Ridge - drill holes plan view. Kirill Klip GEM Royalty TNR Gold July 2025 171
  • 172. Shotgun Ridge Shotgun Ridge - resource model cross-section A-A’ Kirill Klip GEM Royalty TNR Gold July 2025 172
  • 173. The Shotgun Project The Shotgun Project - mineral resource. Kirill Klip GEM Royalty TNR Gold July 2025 173
  • 174. Understanding Potential Targets Shotgun Ridge alone shows potential to host multiple closely spaced gold deposits. Kirill Klip GEM Royalty TNR Gold July 2025 174
  • 175. Typical Porphyry System Magnetic image shows “ring structure” typical of porphyry systems. Kirill Klip GEM Royalty TNR Gold July 2025 175
  • 176. Area of Defined Resource Multiple areas with similar structural and magnetic character are untested by drilling. Kirill Klip GEM Royalty TNR Gold July 2025 176
  • 177. Chargeability Model Only one chargeability target is tested by drilling and it is mineralized. Kirill Klip GEM Royalty TNR Gold July 2025 177
  • 178. Shotgun Ridge Geophysics The Shotgun Gold project – geophysics cross section. Kirill Klip GEM Royalty TNR Gold July 2025 178
  • 179. Shotgun Ridge Geophysics Mineralization plotted down hole over 3D chargeability model. Kirill Klip GEM Royalty TNR Gold July 2025 179
  • 180. Shotgun Ridge Potential Shotgun Ridge has untested structural intersections that may host significant Gold deposits. Kirill Klip GEM Royalty TNR Gold July 2025 180
  • 181. The Shotgun Gold Opportunity Shotgun Ridge is just one of multiple gold target areas. Kirill Klip GEM Royalty TNR Gold July 2025 181
  • 182. Shotgun Ridge Shotgun Ridge - inferred resource estimate. Kirill Klip GEM Royalty TNR Gold July 2025 182
  • 183. Strategic Partner - Gold in the USA TNR Gold is looking for strategic partner to unlock the potential of Shotgun Gold development. Kirill Klip GEM Royalty TNR Gold July 2025 183
  • 184. TNR Gold Corp. Shotgun Gold Dr Tim Baker: “Location of Major Intrusion Related Gold Systems in Sn-W Provinces”. Kirill Klip GEM Royalty TNR Gold July 2025 184
  • 185. GEM Royalty Co. TNR Gold Corp. • Becoming The Green Energy Metals Royalty Co. • Assets with major companies as Operators. • Green Energy Metals: Lithium, Copper, and Silver. • TNR holds NSR Royalty on Los Azules Copper. • TNR holds NSR Royalty on Mariana Lithium. • TNR Holds NPR Royalty on Batidero, Josemaria. • TNR holds 90% stake in Shotgun Gold, Alaska. • TNR Gold presentations on www.tnrgoldcorp.com • All information is available on www.sedar.com Kirill Klip GEM Royalty TNR Gold July 2025 185
  • 186. Thank you! Energy rEVolution & Gold. The World Just Before The INTERNET. Contact [email protected] Visit www.kirillklip.blogspot.com Follow on Twitter @kirillklip Kirill Klip GEM Royalty TNR Gold July 2025 186