Tonogold Resources Inc (TNGL)

[ComstockRoyalty]

Beefing Up TNGL ..yes that was $50 Billion Dollars I read.

A very nice guy and a great family business with heavy contacts in mining and mining logistics in Sonora. The possibilities are endless here.


Mr. Moelis said that he believed that the specific iron ore opportunities open to Tonogold in Sonora are substantial. "On paper, those opportunities looked compelling" he said. "But after recently traveling to Hermosillo to assess the project and experience first hand the existing infrastructure it became apparent to me that those opportunities are not only significant but achievable."

Background of Mr. Jordan Moelis

Mr. Jordan Moelis is a US citizen residing in Los Angeles, California and is the Founder and Managing Partner of Deep FieldAsset Management, a Los Angeles based investment firm. Prior to founding Deep Field in 2014, Jordan was a research analyst at Serengeti Asset Management in New York.

At Serengeti, Mr. Moelis played a key role in investment decisions in the steel and iron ore space, which he has followed closely since 2011. During this time, Mr. Moelis gained a detailed understanding of the sector, in particular regarding global supply and demand for iron and steel, as well as for the trade dynamics between iron ore miners and steelmakers.

Mr. Moelis attended The Wharton School of the University of Pennsylvania, where he graduated summa cum laude in 2009 before receiving his M.B.A. from the same school in 2010.

Background of Mr. Gustavo Mazon

Mr. Mazon is a Mexican citizen, and resides in Hermosillo, Mexico (the capital of Sonora) having studied at the Culver Military Academy in the USA and at ITESM (Monterrey, Mexico) where he received his Degree in Business and Finance.

Mr. Mazon's business interests in Mexico include being the founder and director of numerous entities, including SIAC Comedores (a company servicing the mining and manufacturing sectors throughout Mexico) and Biologicos Especializados (an out-patient clinic network specialized in chronic degenerative deceases and cancer treatments).

In addition, Mr. Mazon is a board member and advisor to OPESSA, a Corporation owned by the Mazon family, which has interests in various industries in the Sonora State and throughout Mexico. Through OPESSA, Mr. Mazon has been actively involved in the construction, mining, exploration and sustainable energy sectors.

The Mazon family is one of the most highly respected, influential and successful families in Mexico, with the Mazón Group being one of the oldest business organizations in the northwest region of Mexico, with interests in numerous sectors including livestock, telecommunications (through its interest and business venture with Megacable Holdings a listed entity with a market capitalization of over $50 billion), agricultural, transportation, agro-industry, livestock, development of industrial parks, recreational, tourism, industrial and residential property development and mining.

Tonogold Resources, Inc. is a minerals exploration company based in La Jolla, California. For more information on the company visit their website www.tonogold.com.



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