Tonogold Resources is pleased to announce the addition of Mr. Gil Playford and Mr. Cody Whipperman to its board of directors. Their addition is the next step in Tonogold's plan to refresh the company's leadership and board. Mr. Playford is a seasoned senior mining and corporate executive with more than 40 years of experience. Mr. Playford was a [...]
Tonogold Resources Inc. is pleased to announce changes to its board and management team that will be effective immediately. William Hunter has joined the board of directors as Chairman and will serve as Interim CEO while the Company completes a search for a permanent CEO. In addition, Ryan Welker has joined the board as an independent director. Mr [...]
Tonogold Resources is pleased to announce the results of an independent resource estimate for the Lucerne Deposit and a summary of the Comstock gold-silver project including exploration targets on the Gold Hill section of the Comstock Lode and the Occidental-Brunswick Lode, located in Storey County, Nevada. Mine Development Associates, a division [...]
Tonogold Resources is pleased to announce that, as part of the Company's debt restructuring efforts, it has extinguished its outstanding debt owed to Comstock Mining Inc. and restructured its prior agreement with Comstock related to the acquisition of certain mining and exploration assets in the Comstock District, originally announced on Jan 24 [...]
Encouraging results include 3.05 METERS AT 20.83 g/t AuEq within 7.62 meters at 9.51 g/t AuEq. Tonogold Resources Inc. is pleased to announce the results of recent drilling on the Comstock Lode in the Comstock Mining District near Virginia City, Nevada. Tonogold aims to prove the existence of a substantial mineable resource of gold and silver in [...]
Tonogold Resources Inc. is pleased to announce changes to the Board of Directors, the restructuring of certain agreements made between Tonogold and Comstock Mining, Incorporated , and to provide an update on the Company's audit. Tonogold aims to prove the existence of a substantial minable resource of gold and silver in the Comstock Mining [...]
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 [...]
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 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 [...]
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 [...]
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 [...]
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 [...]