Tonogold Resources Inc (TNGL)

[Looking4BIGcash]

From:https://backend.otcmarkets.com/otcapi/company/financial-report/186397/content

During the December 2017 quarter, Tonogold’s Reno based consultants, Mine Development Associates (“MDA”), received sufficient relevant data from Comstock for construction of a new resource model for the Lucerne deposit. The development of the new resource model is progressing well and a more accurate assessment of the Lucerne deposit is expected during the March 2018 quarter.
The level of verification and due diligence required for a 43 -101 compliant
resource cannot be completed in this short period and therefore the
assessment will be for corporate management purposes and not for public disclosure. This information will form a critical part of the Tonogold’s assessment in determining whether it will enter the next phase of
the JV with Comstock, required to be made during the June 2018 quarter.