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Tonogold Resources, Inc (TNGL)

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Last Post: 4/16/2014 5:47:24 PM - Followers: 50 - Board type: Free - Posts Today: 0

October 2013 - Producing Iron Ore Presentation:http://www.tonogold.com/i/pdf/Presentation_Iron_Ore_2013_10.pdf

Breaking News:  Former World Gold Council Member and LionOre CEO Confirmed as new CEO at Tonogold
Mark Ashley Raises Capital, Pays off Debts.


http://www.nbcnews.com/id/52121969/ns/business-press_releases/t/tonogold-resources-inc-confirms-appointment-new-ceo/#.UcTCXpwer-E
LA JOLLA, Calif., June 6, 2013 (GLOBE NEWSWIRE) -- Tonogold Resources, Inc. (OTC:TNGL) is pleased to announce that the formal appointment of Mark Ashley as CEO of the company, as contemplated in our announcement of April 3rd, 2013 has today been confirmed. This follows the completion of a capital raising which has generated $706,500 from the issue of 78.5 million new shares to a number of strategic sophisticated and accredited shareholders in Australia and the US.
 

The company is pleased to welcome these new cornerstone investors to the company and to Mr. Ashley as its new CEO.

Mr. Ashley said that he was excited about the potential that the Company's significant land holding in Tonopah, Nevada holds – a region that boasts historic production of over 1.8 million ounces of gold and some 178 million ounces of silver.

Mr. Ashley added that Tonogold intends, in addition to advancing the potential of its current patents, to focus on developing corporate opportunities in the region and throughout Nevada in a bid to becoming a substantial profitable gold producer.

Mr. Ashley has over 30 years as a senior executive with a number of successful mining and exploration companies, having spent the last 20 years in Australia. Mr. Ashley stated the significant appreciation of the Australian dollar over the past four years from a low of 64 cents to the US$ in 2009 to its current parity, has had a significant negative impact of the profitability of Australian gold producers.

Mr. Ashley moved to the US a year ago, as he believed that the US mining industry offered significant opportunities for consolidation and operational development in the mining industry. Mr. Ashley stated that he believed that the Tonogold capital raising has helped initiate interest from Australian resource investors in recognizing the US resource sector as offering potentially superior investment returns in a resource rich and politically safe environment.


The funds raised from the capital raising will enable the settlement of the outstanding creditors and to provide working capital over the coming year to allow the assembling the significant geological and technical data the company owns with the objective of bringing a new industry partner to fund the advancement of the Company's gold and silver projects at Tonopah, Nevada. A summary of the uses of funds is provided in the table below.

 




May 24th, 2013 Pending News Imminent on Finance Details and Formal Appointment of Mega CEO Mark Ashley.
 May 2nd, 2013:
http://online.wsj.com/article/PR-CO-20130502-912764.html

Tonogold Resources, Inc. Announces Agreement With Pareto Capital

LA JOLLA, Calif., May 2, 2013 (GLOBE NEWSWIRE) -- Tonogold Resources, Inc. (OTC:TNGL) is pleased to announce that it has signed an agreement with Pareto Capital Pty Ltd. ("Pareto"), a West Australian based boutique venture capital and investment firm specializing in raising capital for the micro-cap and junior mining sector.

Under the terms of the agreement, Pareto will serve as lead manager for a private capital raise and provide general corporate advice and services.

Pareto is a privately owned enterprise whose key executives have raised over $200 million for companies associated with Mr. Mark Ashley, Tonogold's CEO elect.

For more information on Pareto Capital Pty Ltd. please visit their website www.paretocapital.com.au.
 



Tonogold Resources Latest News Release:  April 3rd, 2013
NBCNews.com - http://www.nbcnews.com/id/51414913/ns/business-press_releases/#.UV7o8coYlhB

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 $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.    Share LINK:  http://www.nbcnews.com/id/51414913/ns/business-press_releases/#.UV7o8coYlhB
 



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

http://www.alliednevada.com/properties/hasbrouck/index.aspx


Round Mountain Gold Mine - Nevada
http://en.wikipedia.org/wiki/Round_Mountain_Gold_Mine
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,



TONOGOLD FLAGSHIP PROJECT LOCATED IN TONOPAH NEVADA
Our 6700 Acre Tonopah Divide Gold & Silver Project
http://www.tonogold.com/s/TonopahDivide.asp

* Former Centerra Gold Project
* 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.

Location:    The Tonopah Divide Gold and Silver Project lies within the Walker Lane Trend, six miles south of the town of Tonopah in Esmeralda County, southwest Nevada. The property is accessible by a maintained dirt road directly off of Highway 95.


April 3rd, Press Release:
http://www.nbcnews.com/id/51414913/ns/business-press_releases/#.UV8CVsoYlhB

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.

Under the agreement announced today, Mr. Ashley will be issued five year warrants to purchase 10 million shares of common stock...."

 

 

Corporate Information on http://www.otcmarkets.com/stock/TNGL/company-info

PLEASE WATCH the Tonogold Video: http://www.tonogold.com/s/Videos.asp



Tonogold Flagship Projects:  http://www.tonogold.com/s/Projects.asp

Producing Iron Ore Project:  35,000 Hectares/132 Sq Mi * Producing & Shipping to China in Mex:
http://www.tonogold.com/i/pdf/Presentation_Iron_Ore_2013_10.pdf


Gold & Silver Project:   6700 Acre Gold & Silver Project: 
http://www.tonogold.com/s/TonopahDivide.asp



Gold & Silver Project:   King Tonopah, Nevada property:
http://www.tonogold.com/i/pdf/kingtonopah20050303.pdf 



Share Structure: http://www.otcmarkets.com/stock/TNGL/company-info

  http://www.otcmarkets.com/stock/TNGL/financials 
Contact Information: http://www.tonogold.com/s/ContactUs.asp




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

To Summarize the story:  A seasoned 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. Mark Ashley has the experience, the contacts, and the expertise to make TNGL one  of the greatest stories in mining that is just beginning to unfold.

LATEST NEWS: October 18th, 2013
Tonogold Secures Option on Massive 132 Square Miles Producing Iron Ore Project -
The project is located in Hermosillon Mexico and is shippinf iron Ore to China
:
NEWS: http://www.tonogold.com/s/NewsReleases.asp?ReportID=608105&_Type=News-Releases&_Title=Tonogold-Resources-Inc.-Secures-Option-On-Producing-Iron-Ore-Mining-Entity-...

Oct 18th 2013 - Tonogold Iron Ore Presentation -->  http://www.tonogold.com/i/pdf/Presentation_Iron_Ore_2013_10.pdf

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TNGL News: Tonogold Resources Secures Option to Acquire 51% of Mil-ler Resources and Energy SA 02/19/2014 11:41:40 PM
TNGL News: Tonogold Resources, Inc. Engages RM Corporate Finance for $6 Million Capital Raise 11/06/2013 11:39:00 AM
PostSubject
#1848   You know guys opportunities come and they go maverick one 04/16/14 05:47:24 PM
#1847   I wanted to make it clear I have Herscu1 04/16/14 10:43:08 AM
#1846   I wouldn't think so, with Easter upon us Herscu1 04/15/14 01:46:54 AM
#1845   Herscul1 is there anything to anticipate[ for tomorrow wampum611 04/14/14 11:38:49 PM
#1844   Link may not be correct but it is Herscu1 04/14/14 08:08:04 PM
#1843   https://twitter.com/ComstockRoyalty/status/455670863770025985?refsrc=email Herscu1 04/14/14 08:04:45 PM
#1842   Has anyone read totalbob69 tweet on yahoo finance,if wampum611 04/14/14 06:28:45 PM
#1841   I'm just talking about the initial agreement which Herscu1 04/14/14 10:52:07 AM
#1840   Why not?? ComstockRoyalty 04/14/14 10:39:18 AM
#1839   They do not want 17%,they want 100%,a total wampum611 04/14/14 10:25:38 AM
#1838   Haha, I'm absolutely not totalbob. If you are Herscu1 04/14/14 10:22:10 AM
#1837   Where is the volume to the up-side? Are wampum611 04/14/14 10:16:24 AM
#1836   Just hearing things from sources who I think Herscu1 04/14/14 10:03:22 AM
#1835   What signs tell you this will happen. wampum611 04/14/14 09:49:21 AM
#1834   I do think we are close to this Herscu1 04/14/14 09:35:29 AM
#1833   Ready when you are!! wampum611 04/14/14 08:10:55 AM
#1832   Multi-Billion Dollar Deal Makers are Here. http://online.wsj.com/article/PR-CO-20140401-909681.html ComstockRoyalty 04/14/14 06:38:22 AM
#1831   All Eyes on Eddie Sugar... ComstockRoyalty 04/14/14 06:34:33 AM
#1830   He or she doesn't have any, that is Herscu1 04/13/14 08:01:06 PM
#1829   I wish TotalBob would give some more details wampum611 04/13/14 05:33:07 PM
#1828   CR, you have got to he kidding. So Herscu1 04/13/14 10:25:28 AM
#1827   I think he's been fairly accurate. ComstockRoyalty 04/13/14 10:22:42 AM
#1826   Please......totalbob has never had a prediction come true Herscu1 04/13/14 08:02:54 AM
#1825   Outstanding news on Yahoo message Board!!!!Totalbob has Let wampum611 04/12/14 07:20:59 PM
#1824   It's an impressive profile and I'm convinced he Herscu1 04/12/14 12:51:08 AM
#1823   Excellent find. ComstockRoyalty 04/11/14 08:09:00 PM
#1822   http://www.minesandmoney.com/london/edward-a-sugar-principal-eas-advisors/ He maverick one 04/11/14 04:58:02 PM
#1821   First thing out of the box 20000 some wampum611 04/11/14 09:42:37 AM
#1820   It can happen. ComstockRoyalty 04/11/14 01:46:32 AM
#1819   Give me another .02 tomorrow and I will wampum611 04/10/14 09:47:21 PM
#1818   Just give me a bottle of tequila...I really maverick one 04/10/14 07:54:39 PM
#1817   Andrew Forrest at Fortescue Metals ComstockRoyalty 04/10/14 04:47:32 PM
#1816   Is anyone alive out there? When is the wampum611 04/10/14 03:31:13 PM
#1815   It looks like the cheap shares are all gone. wampum611 04/10/14 02:58:39 PM
#1814   Where were they mentioned? wampum611 04/10/14 08:10:25 AM
#1813   Please give more info I am lost. wampum611 04/09/14 04:59:06 PM
#1812   Nice- EAS & Merriman Capital both mentioned... maverick one 04/09/14 02:00:40 PM
#1811   This is it. Iron Ore Kings. ComstockRoyalty 04/09/14 12:33:32 PM
#1810   TNGL has been trying to raise cash for Herscu1 04/08/14 07:40:49 PM
#1809   What criteria does TNGL need to meet to wampum611 04/08/14 03:17:01 PM
#1808   It WILL be a massive play indeed-I have maverick one 04/08/14 01:53:29 PM
#1807   Excellent Post - Patience WINS. ComstockRoyalty 04/08/14 01:26:28 PM
#1806   Patients fellas-IMO the priority is becoming a reporting maverick one 04/08/14 12:54:17 PM
#1805   I'm curious as to why the Oz funders maverick one 04/08/14 12:07:11 PM
#1804   Ain't that the truth. So, so, so, so, Herscu1 04/08/14 09:10:04 AM
#1803   Starving for a press release. wampum611 04/08/14 07:50:06 AM
#1802   Please pass this on to Mark Ashley, Thanks wampum611 04/08/14 02:16:45 AM
#1801   Easy way to start mining company is to maverick one 04/07/14 12:29:01 PM
#1800   Agree. ComstockRoyalty 04/04/14 12:18:46 PM
#1799   massher - your first response - is thee OhManIDied 04/03/14 03:58:47 PM
PostSubject