Post by fastwalker on Sept 16, 2004 14:30:53 GMT -5
;DFYI /FWIW...NOT A RECOMMENDATION TO PURCHASE...MERELY TO REVIEW THIS PENNY STOCK FOR POTENTIAL...... ;D
Press Release Source: TONOGOLD RESOURCES, INC.
North Springs Gold Project Announced by Tonogold Resources, Inc.
Thursday September 16, 12:01 pm ET
LA JOLLA, CA--(MARKET WIRE)--Sep 16, 2004 -- Tonogold Resources, Inc. (Other OTC:TNGL.PK - News) announces the signing of a Mining Lease with an Option to Purchase for the North Springs Gold Project in Esmeralda County, Nevada with Mountain Gold Exploration, Inc. and Lane Griffin of Reno, Nevada. The property includes 16 unpatented lode claims on highly prospective gold anomalies that have had small historic gold production. Terms of the agreement with Mountain Gold were not disclosed in the release.
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Following the signing, Tonogold has staked an additional 104 claims with all of the claims on U.S. Government land managed by the Bureau of Land Management (BLM) approximately 10 miles northwest of Silver Peak, Nevada.
Jeff Janda, President of Tonogold said: "The signing of the North Springs Agreement is a significant milestone for Tonogold as its first major prospect in the promising Silver Peak District of Nevada. We have a very aggressive exploration plan for North Springs." Mr. Janda further commented: "We have recently investigated more than ten gold prospects in southern Nevada and believe the area around Tonopah, Nevada provides excellent opportunities for junior exploration companies such as Tonogold to acquire properties that could lead to new gold development and mining activity."
Tonogold Resources, Inc. is a mineral exploration company based in La Jolla, California and is actively seeking precious metal projects in the western United States, Alaska, and Mexico. The Company also has a project office in the Denver, Colorado metropolitan area. The Company recently changed its name to Tonogold Resources, Inc. from PLP Holdings, Inc.
For more information, please contact Jeff Janda at 858-456-1273 or jeffjanda@earthlink.net.
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 statements 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: Tonogold's lack of operating revenue and earnings history; need for additional capital to pursue its business strategy; the grade and quantity of minerals in its projects may not be in economic quantities; it does not have fee title to its properties and derives its property rights through leases and unpatented mining claims located under the General Mining Act of 1872; it is a non-reporting company and does not make periodic filings with the Securities and Exchange Commission; trades on the Pink Sheets; cannot make assurances that a liquid market will develop for its 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 cause adversely affect future profitability and/or capital raising efforts; and mining can present operational 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.
Contact:
For more information, please contact:
Jeff Janda
858-456-1273
jeffjanda@earthlink.net
--------------------------------------------------------------------------------
Source: TONOGOLD RESOURCES, INC.
Press Release Source: TONOGOLD RESOURCES, INC.
North Springs Gold Project Announced by Tonogold Resources, Inc.
Thursday September 16, 12:01 pm ET
LA JOLLA, CA--(MARKET WIRE)--Sep 16, 2004 -- Tonogold Resources, Inc. (Other OTC:TNGL.PK - News) announces the signing of a Mining Lease with an Option to Purchase for the North Springs Gold Project in Esmeralda County, Nevada with Mountain Gold Exploration, Inc. and Lane Griffin of Reno, Nevada. The property includes 16 unpatented lode claims on highly prospective gold anomalies that have had small historic gold production. Terms of the agreement with Mountain Gold were not disclosed in the release.
ADVERTISEMENT
Following the signing, Tonogold has staked an additional 104 claims with all of the claims on U.S. Government land managed by the Bureau of Land Management (BLM) approximately 10 miles northwest of Silver Peak, Nevada.
Jeff Janda, President of Tonogold said: "The signing of the North Springs Agreement is a significant milestone for Tonogold as its first major prospect in the promising Silver Peak District of Nevada. We have a very aggressive exploration plan for North Springs." Mr. Janda further commented: "We have recently investigated more than ten gold prospects in southern Nevada and believe the area around Tonopah, Nevada provides excellent opportunities for junior exploration companies such as Tonogold to acquire properties that could lead to new gold development and mining activity."
Tonogold Resources, Inc. is a mineral exploration company based in La Jolla, California and is actively seeking precious metal projects in the western United States, Alaska, and Mexico. The Company also has a project office in the Denver, Colorado metropolitan area. The Company recently changed its name to Tonogold Resources, Inc. from PLP Holdings, Inc.
For more information, please contact Jeff Janda at 858-456-1273 or jeffjanda@earthlink.net.
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 statements 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: Tonogold's lack of operating revenue and earnings history; need for additional capital to pursue its business strategy; the grade and quantity of minerals in its projects may not be in economic quantities; it does not have fee title to its properties and derives its property rights through leases and unpatented mining claims located under the General Mining Act of 1872; it is a non-reporting company and does not make periodic filings with the Securities and Exchange Commission; trades on the Pink Sheets; cannot make assurances that a liquid market will develop for its 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 cause adversely affect future profitability and/or capital raising efforts; and mining can present operational 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.
Contact:
For more information, please contact:
Jeff Janda
858-456-1273
jeffjanda@earthlink.net
--------------------------------------------------------------------------------
Source: TONOGOLD RESOURCES, INC.
