Uranium American Resources is proud to announce a significant milestone in its strategic transition, with the company officially rebranding as Uranium American Resources, Inc. effective immediately. The Company is also in the process of changing its ticker symbol and will update shareholders on this progress. Pending completion of the formal name and ticker update process with FINRA, the Company's common stock with [...]
Tonogold Resources holds three unique, low-risk uranium and vanadium projects, an area historically known for substantial uranium and vanadium production. These projects are in close proximity to historic mines and currently operating processing plants, providing potential logistical advantages. Each project features highly prospective geology, with strong evidence from historical mining activities and a robust collection [...]
Tonogold Resources is pleased to inform shareholders that it has posted a presentation on its website detailing the previously announced acquisition of JAG Minerals Pty Ltd. This acquisition is the culmination of 12 months of work by both the TONOGOLD and JAG teams and, TONOGOLD believes, will lead to a leader in the uranium industry.TONOGOLD CEO William Hunter stated: "We're pleased to be moving this transaction forward [...]
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 notes into common stock of the Company. As announced on April 10, 2024, the [...]
Tonogold Resources and its merger partner, JAG Minerals USA are pleased to provide an update on the historic resource estimates for their Marysvale Project. This news release provides a detailed summary of the historic data and the future potential. 1 Proctor, P.D. Private Report on the Marysvale Uranium Project. Project Background The Marysvale Mining District, has a rich history of exploration and production. The [...]
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 Uranium American Resources, Inc Tonogold Resources Inc. . This acquisition [...]
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 from in-situ sources, will provide a crucial basis for detailed analysis and aid in [...]
Tonogold Resources advises its merger partner, JAG Minerals USA, has already began adding to the portfolio, with two new Wyoming State leases recently granted, adding 5.2km 2 to the Sky Project. JAG Minerals USA Inc. has added two Wyoming State leases to the existing 57 unpatented mining claims. The projects are located within 50mi of UR Energy's Lost Creek, and Kennecott's Sweet Water to the south, and ~100mi west of the [...]
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 Project and thirteen historic high-grade vanadium/uranium mines in Montrose [...]
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, the option for the American Flats processing facility and the mineral [...]
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 will initiate review of accounting year 2021 with completion slated during [...]
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 potential of the district. The commitments substantially reduce our debt load [...]
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