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Tonogold Resources, Inc (TNGL)

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Last Post: 7/25/2014 10:06:26 AM - Followers: 57 - Board type: Free - Posts Today: 3

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

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,


 

* 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: 
http://www.tonogold.com/s/TonopahDivide.asp

 


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
 http://www.tonogold.com/s/NewsReleases.asp?ReportID=652171&_Type=News-Releases&_Title=Tonogold-To-Acquire-100-Of-Iron-Ore-Project-Mexico


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

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Wiki
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
PostSubject
#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
#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
#2308   SMH cited Mr Mike Henry marketing president of surebob 07/24/14 08:46:36 AM
#2307   What company are you referring to he hit maverick one 07/23/14 08:09:17 PM
#2306   You're right maverick and you're living up to Ray1957 07/23/14 09:34:11 AM
#2305   The way I see it, Mr Ashley has Herscu1 07/22/14 08:08:16 PM
#2301   I'd like to believe you but I don't- maverick one 07/22/14 07:30:13 PM
#2298   Management's strategy here is clear. petunia1 07/22/14 05:43:02 PM
#2297   Mark Ashley about to Hit another Home Run! joeblow110percent 07/22/14 05:13:05 PM
#2296   What Does Matter.. ComstockRoyalty 07/22/14 04:43:26 PM
#2293   CWRN's management said the same thing again and surebob 07/22/14 03:51:15 PM
#2292   LionOre Shareholder Patience Paid Off Handsomely. ComstockRoyalty 07/22/14 03:48:07 PM
#2290   Longer this goes without a filing- in my maverick one 07/22/14 03:47:32 PM
#2289   maybe Mark ashley finally found out how low surebob 07/22/14 03:40:05 PM
#2288   What you think people aren't smart enough to maverick one 07/22/14 03:32:41 PM
#2287   Patience.... You'll have to wait like everyone else. ComstockRoyalty 07/22/14 03:23:38 PM
#2286   Maybe someone should do flyovers from time to maverick one 07/22/14 03:23:15 PM
#2284   Meanwhile I have IHUB admin monitoring and restoring maverick one 07/22/14 02:40:23 PM
#2283   Not mine- when you mix spec and try maverick one 07/22/14 02:30:22 PM
#2282   Meanwhile.... People can speculate and do their DD as ComstockRoyalty 07/22/14 02:30:03 PM
#2281   He'll be a genius when a filing occurs maverick one 07/22/14 02:27:15 PM
#2280   Mark Ashley the TNGL Genius ComstockRoyalty 07/22/14 01:47:03 PM
#2279   I would like to here some news on wampum611 07/22/14 01:10:07 PM
#2278   Newbie DD Starts Here... ComstockRoyalty 07/22/14 01:07:32 PM
#2277   My Favorite Speculative Post. ComstockRoyalty 07/22/14 01:00:22 PM
#2276   4. TNGL is now a producing iron ore company, surebob 07/22/14 12:01:29 AM
#2275   As the iron ore geological survey (43-101) comes surebob 07/21/14 11:57:06 PM
#2274   12. Some of the biggest mining companies in the surebob 07/21/14 11:52:41 PM
#2273  Restored 8. We will soon find out that we are surebob 07/21/14 11:43:07 PM
#2272  Restored PPS is slipping because there is no filing-funding. maverick one 07/21/14 06:00:54 PM
#2270  Restored Why are you including Sirius when it has maverick one 07/21/14 05:22:02 PM
#2268   That's correct but lets be honest here he maverick one 07/21/14 03:46:32 PM
#2265   To Mark Ashley's credit - Stock went from ComstockRoyalty 07/21/14 02:52:12 PM
#2262   Just the FACTS!!! joeblow110percent 07/20/14 08:07:06 PM
#2261   You don't go from A to B without maverick one 07/20/14 04:19:44 PM
#2260  Restored Until we're filed- its a mysterious and in maverick one 07/20/14 04:05:28 PM
#2259   Agree Maverick. ComstockRoyalty 07/18/14 11:01:24 PM
#2258   NO FEAR & ALL IN. ComstockRoyalty 07/18/14 08:58:10 PM
#2257   NO GUTS OR NO GLORY OR GET THE wampum611 07/18/14 05:17:42 PM
#2256   I agree- first things first a public filing. maverick one 07/18/14 04:46:16 PM
PostSubject