Tonogold Resources Inc (TNGL)

[joeblow110percent]

Privileged – “68% Fe Achieved”

As far as when this happened? Some of us are just privileged. We read the Strategy Update and understood it. So when the price retraced, us privileged investors took advantage of the dips and accumulated more shares at five cents. Some of us have privileged minds; we can see the vision, read and actually understand the press releases.

January 08, 2015
Tonogold -- Strategy Update

Optimization strategies
We are currently assessing a number of project optimization strategies including those that could provide significant benefits from milling and wet magnetic separation. In this regard, we have recently conducted, through an independent laboratory in Hermosillo, initial test-work on the 58% Fe product previously produced from the NevMex project. This test-work highlighted that by grinding the product to around 150 microns followed by wet magnetic separation, ~96% of the iron could be successfully recovered within 82% of the mass, resulting in a high-grade product containing +68% Fe being achieved. The current price for a 68% Fe product is around $90/t1 (i.e. $30/t higher than for a 58% Fe product).

Additional test-work is now planned to include further grind size/recovery optimization work as well as sulfur reduction with the objective of eliminating the sulfur penalty previously imposed. In addition, we have identified and are assessing various commercial opportunities (both organically and externally) that would enable us to produce a high-grade premium product in the medium-term.

http://www.tonogold.com/s/NewsReleases.asp?ReportID=690478&_Type=News-Releases&_Title=Tonogold-Strategy-Update


TNGL the Next 6 Months
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110980454

Your Due Diligence starts here:

http://investorshub.advfn.com/Tonogold-Resources-Inc-TNGL-4288/

This is my humble opinion and speculation. This is not a recommendation to buy or sell. Please do your own Due Diligence .

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