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Tonogold Resources, Inc (TNGLD)

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Last Post: 7/29/2014 10:20:31 AM - Followers: 58 - Board type: Free - Posts Today: 8

TNGL Due Diligence Starts Here: >http://investorshub.advfn.com/boards/Profile.aspx?user=478013

TNGL PowerPoint June 2014: > http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf

May 2013 - Tonogold is now led by Aussie Mark Ashley of Lion Ore Fame
October 2013 - CEO Mark Ashley Inspects 108,000 acre producing iron ore prospect in Sonora Mexico
February 2014 - Aussie & Twiggy Backer Eddie Sugar of Fortescue Metals Fame Joins Mark Ashley at Tonogold
June  2014 -Tonogold Acquires 100% of the 108,000 acre Producing Iron Ore Mine

LINK:   > https://finance.yahoo.com/news/tonogold-acquire-100-iron-ore-203520435.html
LA JOLLA, Calif., May 8, 2014 (GLOBE NEWSWIRE) -- Tonogold Resources Inc. (TNGL) (the "Company") is pleased to announce it has agreed terms with the owners of Mil-ler Resources and Energy SA de CV ("Mil-ler"), owner of the Nevmex producing iron ore project located near Hermosillo, Sonora in Mexico, to merge the companies in a non-cash transaction as an alternative to the previous arrangements.


Mr. Ashley, Tonogold's CEO stated "The extremely professional and positive discussions between Tonogold and Mil-ler over the past months has provided increased confidence from both sides of the significant benefits that will result in consolidating 100% of this asset into Tonogold immediately. EAS's extremely professional and diligent assessment of Tonogold and the project being acquired, coupled with their understanding of the US capital markets, particularly in the natural resource sector, has been invaluable and the revised structure, I believe, establishes an extremely sound foundation for Tonogold and paves the way for substantial growth with significant and real shareholder returns in the future.

I am extremely happy with the relationship that has developed between Tonogold and the management and owners of Mil-ler and particularly look forward to working with Travis Miller and his team to build Tonogold into a significant and highly profitable iron ore producer."

Mr. Miller said "I am very excited to become an integral part of Tonogold. I believe that the synergies of our asset base and management team together with the experience and track record of Tonogold's management in building substantial growth though fundamentally driven objectives and strategies in the resource sector will ensure that the full potential of our iron ore project will be realized in a professional and timely manner for the benefit of all shareholders."

Mr. Eddie Sugar (the principle of EAS) said, "Although we were initially skeptical about the investment given the recent publicity in Mexico regarding iron ore, we were very pleasantly surprised to subsequently find a situation almost completely opposite of what we expected. Not only are the Mil-ler and Tonogold teams extremely professional and experienced, our understanding of Mexican iron ore and our skepticism were completely unfounded.

Eddie Sugar raised $200 Million to Start Fortescue Metals Group FMG: http://www.theaustralian.com.au/business/mining-energy/twiggy-backer-pumps-funds-into-lng/story-e6frg9df-1226779250468

4th Largest Iron Ore Producer Fortescue Metals Group Video: https://www.youtube.com/watch?v=tifXGhakrFg

Edddie Sugar Quotes:

We found the state of Sonora to be an extremely friendly place for mining and the supporting infrastructure to be of great quality, which even producers and developers in Australia and America would envy. We are very excited to be part of Tonogold's future and believe they are well on their way to creating a considerable business with a combination of characteristics that are rare in iron ore; strong cash flow generation off of a very small capital expenditure base with the added benefit of very significant production growth potential."

Tonogold Makes Major Announcement adds well respected mining executive Mark Ashley

Tonogold Resources, Inc. (OTC: TNGL) is pleased to announce that it has entered into an agreement with well-respected and highly successful mining executive, Mark Ashley. Under the terms of the Agreement, Mr. Ashley has agreed to assume the role of CEO of the Company following the completion of a capital raising.

Mr. Ashley has spent over 30 years as a senior executive with a number of successful listed mining and exploration companies, with the past 20 years based in Western Australia.

Mr. Ashley held the role of CEO of Canadian listed LionOre Mining International Ltd, a company that was transformed from being a dormant company to becoming one of the world's largest nickel producers in less than 10 years. LionOre was acquired by Russian entity Norilsk in a $6 billion cash takeover bid between it and Xtrata.

CNBC Link to LionOre Sale to Norilsk Nickel for $6.2 Billion: 
LionOre: From .40 Cents to $7.00 then on to $27.50
- http://www.cnbc.com/id/18813361/Norilsk_Raises_Offer_for_LionOre_to_626_Billion

Mark Ashley quotes in April 3rd, Press Release:

"...................the company's land holding in Nevada was both significant and highly prospective to host a commercial gold operation."

Mr. Ashley further commented that his focus in the coming months was to consolidate the Company's significant technical data base and to assess further consolidating opportunities in the region with an objective of securing a senior resource group to partner with Tonogold and expand on the work of Tonogold's previous partner.

Mr. Ashley commented that Tonogold had established an advantageous land position in a region where significant international gold producers were active and close to existing and significant gold producers. Mr. Ashley said that he expected that the introduction of new cornerstone investors as part of the proposed capital raising will add further strength and stability to the company on its quest for growth.   

Significant International Gold Producers in and around Tonopah Nevada
Allied Nevada ANV: Stock Quote: http://www.alliednevada.com/investors/quotes.aspx

Allied Nevada's 3000 Acre Hasbrouck Gold & Silver Project 
A 1.2 Million Oz Gold and 29 Million Oz Silver Next Doot to the 6700 Acre Tonogold Project


Round Mountain Gold Mine - Nevada
The Round Mountain Gold Mine is a 50-50 joint venture between Barrick Gold and Kinross Gold, with Kinross as the operator.
The mine is 55 miles (89 km) north of the town of Tonopah,


* 100% Controlled by Tonogold
* http://www.tonogold.com/s/NewsReleases.asp?ReportID=553146&_Type=News-Releases&_Title=Tonogold-Resources-Inc.-Regains-100-Control-of-Tonopah-Divide
* Centerra completed 3 drill programs
* 75,000 feet of drilling now completed
* 61 patented claims
* 306 unpatented claims
* Tonopah Nevada a mining friendly jurisdiction with significant international producers in the area
* District heavily consolidated by Tonopah Divide Mining Company prior to our lease

Regional Highlights for Tonogold Gold & Silver Project

The Walker Lane Trend hosts some of the most famous gold and silver deposits in Nevada and California. These include the Comstock, Central Tonopah, Goldfield and Round Mountain districts. The Walker Lane Trend runs NNW-SSE along the California Nevada border and has produced more than 35 million gold equivalent ounces. Round Mountain, 50 miles to the north of Tonopah Divide, continues to be one of the largest producing mines in Nevada.

Gold & Silver Project:   6700 Acre Gold & Silver Project: 


Tonogold News Releases: http://www.tonogold.com/s/NewsReleases.asp

Aussie Lands at Tonogold:  A successful seasoned Australian mining executive who has a proven world class record of success in the mining sector who has taken a stock from .07 cents to $27.50 which was then sold to the worlds largest Nickel Producer Norilsk Nickel. Mark Ashley travels half away around the world seeking opportunity and lands on this little penny stock that happens to be sitting on 6700 acres of prime gold and silver acreage in an area surrounded by producers like Allied Nevada, Barrick Gold, Franco-Nevada, Royal Gold, and Kinross.  Now add the NEW producing 108,000 acre NevMex Iron Ore Project and fellow Aussie legend Eddie Sugar and TNGL could one of the greatest stories in mining that is just beginning to unfold.

Feb 2014: Another Aussie Lands at Tonogold
Eddie Sugar saw the prospect and knew right away with leadership from fellow Aussie Mark Ashley that the prospect of success was here.
Wall Street Journal: http://online.wsj.com/article/PR-CO-20140401-909681.html

June 2014 * Approved Corporate PowerPoint from the TNGL Shareholders Meeting:
LINK: http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf

June 2014 News * 100% Acquisition of the 108,000 Producing Iron Ore Mine in Sonora Mexico

Due Diligence For Your Average Joe Blow Starts Here ->  http://investorshub.advfn.com/boards/Profile.aspx?user=478013

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Current Price
Bid Ask Day's Range
TNGL News: Tonogold Announces Results of Annual Shareholder Meeting 06/26/2014 10:10:33 AM
TNGL News: Small Company Offering and Sale of Securities Without Registration (d) 05/19/2014 06:02:07 AM
TNGL News: Tonogold to Acquire 100% of Iron Ore Project, Mexico 05/08/2014 04:35:20 PM
TNGL News: Tonogold Resources Secures Option to Acquire 51% of Mil-ler Resources and Energy SA 02/19/2014 11:41:40 PM
#2265  Sticky Note To Mark Ashley's credit - Stock went from ComstockRoyalty 07/21/14 02:52:12 PM
#2179  Sticky Note Top 5 predictions for $5 a share, all joeblow110percent 07/04/14 12:37:37 AM
#2359   Apologies, I'm seeing the bid at 20c. Herscu1 07/29/14 10:20:31 AM
#2358   CR, you must be joking! Your 1.6 million Herscu1 07/29/14 10:19:30 AM
#2357   Yea, me thanks me lucky bottom for the Ray1957 07/29/14 10:07:15 AM
#2356   I seriously doubt at this moment this mine surebob 07/29/14 09:26:20 AM
#2355   A Dip would be Excellent. Shake out loose ComstockRoyalty 07/29/14 09:08:42 AM
#2354   Not sure- but I don't see this holding maverick one 07/29/14 12:19:48 AM
#2353   Agree but question is what do we trade Herscu1 07/29/14 12:09:19 AM
#2352   Normally they drop like a rock after RS...ya maverick one 07/29/14 12:01:55 AM
#2350   It looks like my prediction is correct; we joeblow110percent 07/28/14 10:15:33 PM
#2349   Are you talking about the split? It was Herscu1 07/28/14 09:11:58 PM
#2348   More Iron Ore DD. joeblow110percent 07/28/14 08:32:49 PM
#2347   What the hell is going on?? wampum611 07/28/14 08:04:46 PM
#2346   What the hell is going on?? wampum611 07/28/14 08:04:46 PM
#2345   According to the link the 1 for 10 Herscu1 07/28/14 07:56:23 PM
#2344   .71 CENTS COMING BY 9/11/14!!! joeblow110percent 07/28/14 06:07:24 PM
#2343   TNGL one for 10 reverse split: Renee 07/28/14 05:44:42 PM
#2342   Skepticism isn't a bad thing...it keeps you fair maverick one 07/28/14 12:22:12 PM
#2341   Please review Eddie Sugar. ComstockRoyalty 07/28/14 11:56:42 AM
#2340   Outwit outplay outfly it's nice to see pictures maverick one 07/28/14 11:42:17 AM
#2339   I've worked on the project since 2010 and ComstockRoyalty 07/28/14 11:42:00 AM
#2338   Please post some of those fly over pics. Ray1957 07/28/14 11:26:45 AM
#2337   Excellent!! Like a Blue Light. ComstockRoyalty 07/28/14 11:13:07 AM
#2336   I suppose routine scheduled flyovers of the mine maverick one 07/28/14 11:10:14 AM
#2335   It looks like bargin time for someone!!!! wampum611 07/28/14 11:08:17 AM
#2334   The pinks are littered with should have could maverick one 07/28/14 10:54:00 AM
#2333   You met and traveled with Mark Ashley ? Ray1957 07/28/14 10:47:54 AM
#2332   We may be closer to news that one ComstockRoyalty 07/28/14 10:38:10 AM
#2331   COM,Do you think we will get any news wampum611 07/28/14 07:20:36 AM
#2330   So simple.... ComstockRoyalty 07/27/14 08:57:15 PM
#2329   The huge discount off spot is an issue- maverick one 07/26/14 12:57:29 PM
#2328   Common sense always weeds through speculation maverick one 07/26/14 12:37:29 PM
#2327   Patience wins. ComstockRoyalty 07/25/14 09:37:41 PM
#2326   I agree with you on that point maverick one 07/25/14 08:18:52 PM
#2325   9 months to raise 14 million with the surebob 07/25/14 06:44:21 PM
#2324   Is that up or down the last year??? wampum611 07/25/14 05:12:21 PM
#2323   Last I checked it was $95.40 Freewolf 07/25/14 04:48:52 PM
#2322   How much is it now? wampum611 07/25/14 03:39:03 PM
#2321   It will be even better when the price Freewolf 07/25/14 03:35:14 PM
#2320   More Aussie Iron Ore News. joeblow110percent 07/25/14 10:06:26 AM
#2319   I'm sure I will be shouted down or Herscu1 07/25/14 09:49:42 AM
#2318   Aussie Iron Ore men Rule the World!!! joeblow110percent 07/25/14 01:25:34 AM
#2317   Think they'll ever get a filing and funding? maverick one 07/24/14 08:54:52 PM
#2316   I would think so Herscu1 07/24/14 08:52:06 PM
#2315   That should be interesting maverick one 07/24/14 08:50:05 PM
#2314   A 1 for 10 RS is already in countrmike 07/24/14 08:36:04 PM
#2313   Ray- I want to see this make it maverick one 07/24/14 02:15:08 PM
#2312   That's common sense analysis. Thanks Maverick. Ray1957 07/24/14 02:04:07 PM
#2311   Can they take a pay cut from salaries maverick one 07/24/14 01:48:08 PM
#2310   $346,000 wages split 3 ways $192,000 Ashley with maverick one 07/24/14 12:48:16 PM
#2309   Good things coming here. I hear there are Freewolf 07/24/14 11:20:16 AM