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 [...]
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 [...]