TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR)(PINK SHEETS:TRRXF) is pleased to announce that its joint venture partner, Latin America Minerals (LAT), has exercised its option to acquire 75% interest in the La Carolina Property. LAT has fulfilled the required exploration expenditures and, with the final issuance of 175,000 common shares and payment of US $75,000 to the optionors, has acquired a 75% interest in the property. A joint venture agreement between LAT and the optionors, TNR Gold Corp and Geocom Resources Inc., will be put in place in due course.

LA CAROLINA GOLD PROPERTY

The property is a gold prospect located in the La Carolina District of San Luis Province in west-central Argentina. It is situated at an elevation of approximately 1,600m in the Sierras de San Luis and lies 85km north of the provincial capital, San Luis, and consists of three contiguous staked and optioned exploration concessions covering approximately 3,500ha.

ABOUT TNR GOLD CORP.

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 17 properties in Argentina and Alaska. The company's focus over the next 12 months is the exploration and development of its Eureka, El Salto, El Tapau and Escorpio IV properties in Argentina as well as the Shotgun project in Alaska

On behalf of the Board:

Gary Schellenberg, CEO

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

SOURCE: TNR Gold Corp.

TNR Gold Corp. Gary Schellenberg CEO (604) 687-7551 or Toll Free: 1-800-667-4470 (604) 687-4670 (FAX) Email: info@tnrgoldcorp.com Website: www.tnrgoldcorp.com