Los Azules Project This is what TNR was fighting for, Los Azules - resources worth 10s of billions, street value. They are presently drilling to increase and better identify resources.
"Los Azules is a 100% owned advanced-stage porphyry copper exploration project located in the cordilleran region of San Juan Province, Argentina near the border with Chile. It is one of the world's largest undeveloped copper deposits with a mineral resource of 10.8 billion pounds of copper (inferred) and 4.6 billion pounds of copper (indicated). Gold resources are 710,000 ounces indicated, and 1.79 million ounces inferred. Silver resources are 19 million ounces indicated, and 56 million ounces inferred.
Los Azules is a traditional porphyry copper system. The upper part of the system consists of a barren leached cap, which is underlain by a high-grade secondary enrichment blanket, and the primary mineralization below the secondary enrichment zone extends to at least 650 meters, which is the depth of the deepest holes drilled to date. McEwen Mining is planning to drill 15,000 meters starting in November of 2012 and continuing into the 2013 season at Los Azules to continue exploration of the deposit.
The property encompasses 50,933 acres and surrounds a large alteration zone that contains the resource which measures approximately 4 kilometers long by 1.5 kilometers wide.
McEwen Mining has recently intersected 0.53% copper over 351 meters, including 0.71% copper over 167 meters, in Hole 1279. This hole is located 340 meters southeast of Hole T-01, which was drilled in 2011 and returned 0.50% copper over 269 meters, including 0.95% copper over 45 meters. In addition, Hole 1175, located 200 meters east of T-01, returned 0.70% copper over 15 meters before being terminated due to bad ground conditions."
https://www.mcewenmining.com/Operations/Los-Azules-Exploration/default.aspx
TNR now has 25% back-in rights for North half of project. North half of project holds more than half of currently known resources - With lawsuit settled, MUX will begin drilling North half of project, (as mentioned above, they are onsight and drilling now). Expect good news on increase of resources.