Highlights April 12, 2024: Tonogold acquires a large, diversified uranium company based in the USA. May 10, 2024: Tonogold's merger partner secures two additional leases, expanding the Sky Uranium portfolio by 1,285 acres . May 30, 2024: Positive assay results from a sampling program at the Stateline Project, including scintillometer readings up to [...]
Highlights TONOGOLD highlights the historic, low risk districts of uranium and vanadium production close to existing mineral production and processing. The Company will seek to accelerate the exploration, development and production of these critically important minerals. Tonogold Resources Inc. is pleased to inform shareholders that it has posted a [...]
Highlights TONOGOLD receives commitments for conversion of approximately 80% of its outstanding convertible loan notes Conversion of the outstanding loan notes is a material part of closing the announced acquisition of large, diversified US focused uranium company JAG Minerals Pty Ltd Tonogold Resources Inc. of its outstanding convertible loan [...]
Highlights Historic Resource Estimate is of up to 2.9Mlbs U3O8 within 300-500 feet of the surface1. Historic Drilling of 115 holes . Potential to double or triple historic estimate. Tonogold Resources Inc. and its merger partner, JAG Minerals USA, Inc are pleased to provide an update on the historic resource estimates for their Marysvale Project [...]
Highlights TONOGOLD enters in binding share purchase agreement to acquire 100% of the issued shares of JAG Minerals Pty Ltd which has a 100% interest in JAG Minerals USA Inc. Acquisition includes 3 Projects located in West-Central USA known for historic production of uranium/vanadium. On closing of the acquisition TONOGOLD will change its name to [...]
Highlights TONOGOLD advises the Term Sheet entered into with JAG Minerals Pty Ltd on March 25, 2024, has been amended, extending the Exclusivity Period to July 30, 2024. Scintillometer readings up to 45,200cps, with assays revealing >1% Uranium and >1% Vanadium. Seven targeted samples taken from zones with visible carnotite and uraninite, primarily [...]
Highlights Two leases have been granted near the Sky Project, providing an additional 5.2km2 in the highly prospective region. Sky Property is adjacent to one of Uranium Energy Corp. Wyoming Projects , with proximity to licensed, operating processing plants using both conventional an in-situ recovery. Tonogold Resources Inc. advises its merger [...]
Highlights Acquisition includes 3 Projects located in West-Central USA known for historic production of uranium/vanadium. Proximity to licensed, operating processing plants using both conventional an in-situ recovery. Tonogold Resources Inc. . This acquisition will allow TONOGOLD to accelerate development and exploration of the Marysvale , SKY [...]
Tonogold Resources Inc. , advises that the Company has declined to exercise the option to acquire the Lucerne Properties from Comstock Inc. The Lucerne Properties encompass the past producing Lucerne mine, previously developed by Comstock Mining in 2012 and the subject of the Company's technical report announced on April 7th, 2022. Additionally [...]
Tonogold Resources Inc. , a Company holding rights to acquire a substantial portion of the mineralized land within the Comstock Mining District, is pleased to announce the receipt of audited financial statements for accounting years 2019 and 2020 from the Company's external auditors. With 2019 and 2020 successfully completed, the external auditors [...]
Tonogold Resources Inc. announces receipt of commitments for conversion to equity of over 73 percent of the aggregate principal of its outstanding convertible loan notes. William Hunter, Interim CEO said: "These conversion commitments are a strong show of support for our business plan from our investors and a recognition of the significant [...]
Tonogold Resources Inc. is pleased to announce it has received commitments for conversion to equity of more than 63 percent in aggregate principal of its outstanding convertible loan notes. William Hunter, Interim CEO said: "These commitments for conversion from Tonogold's investors go a long way toward eliminating our debt load, which we expect to [...]
