Tonogold Hits 21.34 Meters at 3.226 g/t Gold and 15.7 g/t Silver on the Occidental/Brunswick Lode Tonogold Resources Inc. is pleased to announce the results of 3 reverse circulation holes recently completed on the southern portion of the Occidental/Brunswick Lode. Tonogold aims to prove the existence of a substantial minable resource of gold and silver in the Comstock Mining District. Occidental/Brunswick Lode Tonogold [...]
Tonogold Resources Inc. is pleased to announce the appointment of Brian Metzenheim as interim CEO and the acceleration of its ongoing drill exploration program on the southern portion of the Occidental/Brunswick Lode. The company is also pleased to provide an update on its ongoing drill exploration of the Gold Hill section of the Comstock Lode. Tonogold aims to prove the existence of a substantial mineable resource of [...]
Tonogold Resources Inc. advises of the following: Since our November 17, 2020 update, we have pushed forward the early stages of our $7 million drill exploration program aimed at proving the existence of significant gold and silver mineralization in the Comstock District located in the vicinity of Virginia City and Gold Hill, Nevada, approximately 40 kilometers southeast of Reno. Tonogold recently secured 100% control of [...]
Tonogold Resources advises the following corporate update. 1. ASSAY RESULTS On October 6th 2020, Tonogold announced that it had completed its first drill hole on the historically significant Comstock Lode and we had at that time, anticipated that assay results would be available toward the end of October. However, due to the severe backlog experienced by our independent laboratory - ALS, we have recently been advised by [...]
Tonogold Resources advises of the following. Preference Share redemption As part of the consideration of Tonogold's acquisition of Comstock Mining Inc.'s mining and exploration assets in Storey County, Tonogold issued CMI $6.1 million redeemable convertible preference shares. The terms of the Pref Shares provided CMI the right to convert some or all of the Pref Share into Common Shares in Tonogold at a conversion price of [...]
Tonogold Resources Inc. is pleased to announce that it has today entered into a comprehensive and binding agreement with Comstock Mining Inc. which, on completion will provide Tonogold with, amongst other matters, 100% of the Lucerne project in Storey County. This New Agreement leverages off the agreement entered into in October 2017, under which Tonogold had the right to earn a 51% interest in the Lucerne gold project by [...]
Tonogold Resources Inc. advises that it will be holding its Annual Meeting of Shareholders on Monday, September 24th at 11.30am at the Gold Hill Hotel, Virginia City, Nevada. The Notice of Meeting and Proxy Statement have been mailed to shareholders on record as at August 9th, 2018. The Notice of Meeting and Proxy Statement can be found on-line at http://tonogold.com/en/investors/legal-notices/ This year, we have [...]
LA JOLLA, Calif., April 10, 2018 /PRNewswire/ -- Tonogold Resources Inc. is pleased to announce that it has entered into the second phase of its option agreement with Comstock Mining Inc. and last week paid the scheduled $2 million to Comstock, pursuant to the agreement dated October 3rd 2017 , which was announced to the market by Tonogold on October 5th 2017. The Agreement provides Tonogold an exclusive right to earn a [...]
LA JOLLA, Calif., Jan. 16, 2018 /PRNewswire/ -- Tonogold Resources Inc. is pleased to announce that it has entered into a binding agreement with a private Mexican company, which provides Tonogold an exclusive right to acquire 100% interest in the Claudia, Promontorio and Montoros gold/silver properties located in Durango, Mexico for total consideration of $7.3 million in cash. All amounts stated are in U.S. dollars unless [...]
LA JOLLA, Calif., Jan. 16, 2018 /PRNewswire/ -- Tonogold Resources Inc. is pleased to announce that it has entered into a binding agreement with a private Mexican company, which provides Tonogold an exclusive right to acquire 100% interest in the Claudia, Promontorio and Montoros gold/silver properties located in Durango, Mexico for total consideration of $7.3 million in cash. All amounts stated are in U.S. dollars unless [...]
Tonogold Resources wishes to advise the market with regard to its strategy in light of the current low iron ore price environment. Since completing the acquisition of Mil-Ler, the owner of the NevMex Iron Ore project in Mexico, Tonogold has been developing and formulating various strategies in light of the current weak environment for iron ore. The NevMex project has remained on care-and-maintenance during this period, at [...]
LA JOLLA, Calif., Oct. 1, 2014 (GLOBE NEWSWIRE) -- Tonogold Resources Inc. (OTC:TNGL) (the "Company" or "Tonogold") is pleased to announce the appointment of Mr. Jordan Moelis and Mr. Gustavo Mazon as non-executive directors of Tonogold effective immediately. Mr. Mark Ashley (Tonogold's CEO) said that both Mr. Moelis (who is based in Los Angeles) and Mr. Mazon (who is based in Hermosillo, Mexico) bring significant skills [...]
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