Tonogold Resources, Inc. is a gold and silver exploration company with properties in Nevada, Utah, Arizona, and California.
Our goal is to find gold and silver deposits that can become producing mines.
Our strategy is to research historic mining districts and reevaluate them with modern geological insights and tools.
Tonopah, Nevada was the first historic mining district that we evaluated for rediscovery. Tonopah was the site of one of the largest mining booms in U.S. history and produced 178 million ounces of silver and 1.8 million ounces of gold. We leased the property from the Tonopah Divide Mining Company and later added to the property with acquisitions and claim staking. Currently, the property consists of 61 patented claims and 306 unpatented claims covering approximately 6,700 acres.
In March 2008, we signed a joint venture with Centerra (U.S.), Inc. on our Tonopah Divide project. Centerra has completed four drilling programs on Tonopah Divide consisting of 63,955 feet in 69 reverse circulation drill holes. A fifth drilling program consisting of 8-10 reverse circulation drill holes is currently underway. Successive drilling campaigns have encountered increasingly wide, low-grade gold intercepts in the center of the project. A valid discovery exists on the Combination Fault Zone although additional drilling is necessary to define a bulk minable, heap-leachable, resource and reserve.
Our next historic district is Goldstrike, Utah. Goldstrike produced approximately 280,000 ounces of gold from 1989 to 1996 when it was mined by Tenneco and later USMX. In August 2009, we leased 2,400 acres of mining claims and have recently staked an additional 1,540 acres. We have recently completed a technical report on the property which is available for download in the Project Page.
If you would like to learn more, please feel free to call us at (858) 456-1273 or email us at .
Tonogold Resources, Inc., 5666 La Jolla Blvd., #315, La Jolla, CA 92037