| November 09, 2004 Tonogold, Resources, Inc. Announces Formation of Technical Advisory Committee | |
| LA JOLLA, CA - (MARKET WIRE) - 11/09/04 - Tonogold Resources, Inc. [TNGL] announced today the formation of a Technical Advisory Committee. Appointed to the Committee are Steven R. Davis, Consulting Geologist, O. Jay Gatten, Chairman of North American Exploration Inc., Donald Strachan, Consulting Geologist, and William R. Wilson, Vice President -- Mining for Tonogold who will chair the Committee. The Committee will advise the management and the Board of Directors of Tonogold on the following issues:
i) technical issues that affect the reporting requirements of various
regulatory agencies;
ii) review internal reports and other information that may be used for
public disclosure of technical information;
iii) mineral resource/reserve information, feasibility studies, reports
prepared by outside consultants and other technical information;
iv) investigation and acquisition of new mineral projects and;
v) the use of outside consultants and other third-party contractors.
Mr. Davis is a well known exploration geologist, having held senior positions with ASARCO, Inc., Homestake Mining Company, Cordero Mining Company, the United States Bureau of Mines and Mallon Resources Corporation. He has extensive exploration and development experience throughout North and South America focused in the precious metals sector, but also including considerable work in base metals and industrial minerals. Most recently, Mr. Davis was Director of Exploration for Zamora Gold Corporation in Loja, Ecuador and President and CEO of Sun River Mining, Inc. He holds a B.S. in Geology from Utah State University and certificates in environmental management from the Colorado School of Mines and Front Range Community College. Mr. Davis is a Registered Professional Geologist (Wyoming), a member of the Society for Mining, Metallurgy and Exploration, Inc., the Society of Economic Geologists and the Denver Region Exploration Geologists Society. Mr. Gatten is recognized in the mining industry as a specialist in mineral exploration, precious metals investigation and industrial mineral geology. He manages all of North American's activities, with offices in Kaysville and Copperton, Utah, and provides geological, land and exploration services to the mining industry with such clients as Kennecott Copper, TeckCominco and Cortez Gold. Mr. Gatten holds a B.S. Degree in Geology from Brigham Young University, is a Registered Professional Geologist (Utah and Wyoming) and is a member of the Society for Mining, Metallurgy and Exploration, Inc. and the Society of Economic Geologists. Mr. Strachan is a senior professional geologist with over 30 years of experience in mineral exploration in the western United States and eastern Africa. From 1986 to the present time, Mr. Strachan has been based in the Reno, Nevada area and has worked as an independent geologist evaluating gold and silver properties. From 1984 to 1986, he worked as a geologist for St. Joe Minerals involved in precious metal exploration in the western United States. From 1976 to 1979, he was an economic geologist for Houston Oil and Minerals, working in uranium and base metals, and from 1980 to 1983 focused on gold and silver exploration and development projects in western Nevada. He holds a B.A. degree in Geology from California State University in Fresno, California and a M.S. degree in Geology from the New Mexico Institute of Mining and Technology. Mr. Strachan is a Certified Professional Geologist and a member of the Geologic Society of Nevada, the Geologic Association of Canada, and the Society of Economic Geologists. Mr. Wilson is a director of Tonogold and was President and CEO of Banro Corporation, Vice President of Operations, Nevada Manhattan Mining, Inc. and President of Gold King Mines Corporation. He serves as a director and chairman of the Technical Advisory Committee of Little Mountain Resources Ltd. active in exploration of mining and oil and gas properties in Alberta and Quebec Canada Mr. Wilson obtained a professional degree in Metallurgical Engineering from the Colorado School of Mines and holds an MBA from the University of Southern California. Mr. Wilson holds memberships in the Mining and Metallurgical Society of America, the Society for Mining, Metallurgy and Exploration, Inc. and the Prospectors and Developers Association of Canada. He is a past Chairman of the Colorado Mining Association. In appointing the Committee, Jeff Janda, President of Tonogold said "the creation of the Technical Advisory Committee follows the guidelines of regulatory agencies who clearly want mining and exploration companies like Tonogold to have a strong technical base. The Committee will actively work with the Board of Directors and management to assure that industry reporting standards are adhered to and that quality properties become part of the Tonogold portfolio. The collective resource industry experience of the committee members totals more than 120 years and the creation of the committee is obviously in the best interest of the Company and its shareholders." Tonogold Resources, Inc. is a mineral exploration company based in La Jolla, California with active investigation of precious metal projects in the western United States, Alaska and Mexico. The company also has a project office in the Denver, Colorado area. The Company recently changed its name from PLP Holdings, Inc. to Tonogold Resources, Inc. For more information on Tonogold visit their website www.tonogold.com. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 This press release contains certain forward-looking information about Tonogold Resources, Inc. ("Tonogold") which is intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statement are statements that are not historical facts. Words such as "expect(s)," "feel(s)," "believe(s)," "will," "may," "anticipate(s)," and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, financial projections and estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to future operations, products and services; and statements regarding future performance. Such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of Tonogold Resources, Inc., that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include: our lack of operating revenue and earnings history, our need for additional capital to pursue our business strategy, the grade and quantity of minerals in our projects may not be economic, we do not have fee title to our properties, but derive our right through leases and the Mining Law, we are a non-reporting company and as such do not make periodic filings with the Securities and Exchange Commission, we trade on the Pink Sheets and there can be no assurances that a liquid market will develop in our securities, mining is subject to extensive environmental regulations and can create substantial environmental liabilities, gold and silver are commodities which have substantial price fluctuations, a drop in gold and/or silver prices could adversely affect future profitability and/or capital raising efforts, and mining can be dangerous and present operation hazards for employees and contractors. Readers are cautioned not to place undue reliance on these forward-looking statements. Tonogold does not undertake any obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For more information, please contact: Jeff Janda 858-456-1273 jeff@tonogold.com | |
You can view the Next News Releases item: Tue Jan 18, 2005, Tonogold Resources, Inc. Announces King Tonopah Gold and Silver Project You can view the Previous News Releases item: Tue Oct 19, 2004, Big Mill Gold Tailings Project Announced by Tonogold Resources, Inc. You can return to the main News Releases page, or press the Back button on your browser. |
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