Tonogold Resources, Inc (TNGL)

Latest News: 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.

2 Weeks:      Further details of the capital raising and the formal appointment of Mr. Ashley will be announced in approximately two weeks

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
 

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,

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.

The Plan
From the 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 Projects from Company Website:  http://www.tonogold.com/s/Projects.asp 

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

Our 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.

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Latest News Next Door:  April3rd, 2013, Allied Nevada ANV receives $150 Million:: http://247wallst.com/2013/04/30/gold-miner-allied-nevada-scores-150-million-in-secondary-offering/