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Re: News Releases - Wednesday, March 19, 2008
Tonogold Resources, Inc. Announces Exploration Agreement with
Centerra (U.S.), Inc. for Tonopah Divide Gold Project
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Tonogold Resources, Inc. (Pink Sheets: TNGL) ("Tonogold") is pleased to
announce that it has completed a formal Exploration and Option
Agreement effective January 1, 2008 (the "Exploration Agreement"), with
Centerra (U.S.) Inc. ("Centerra"), a subsidiary of Centerra Gold inc.
(TSX: CG), regarding Tonogold's Tonopah Divide project located five
miles south of the town of Tonopah, Esmeralda County, Nevada. The
Exploration Agreement replaces a Letter of Intent completed on
September 10, 2007.

Centerra has the right to earn a 60% interest in the Tonopah Divide
project by spending $2.7 million over five years, at which time
Centerra and Tonogold will form a joint venture. The first year's
minimum expenditure is $300,000. After formation of the joint venture,
Centerra can earn an additional 15% interest by spending a further $5.0
million over four years. Centerra has agreed to provide quarterly
exploration updates to Tonogold.

Tonogold leases the Tonopah Divide property from an underlying owner.
The property consists of 37 patented mining claims and 124 unpatented
lode mining claims. During the term of the Letter of Intent, Centerra
performed due diligence on title to the claims. Completion of the
Exploration Agreement was contingent on amending the underlying lease
with Tonopah Divide Mining Company which has been amended effective
March 1, 2008.

Tonogold Resources, Inc. is a minerals exploration company based in La
Jolla, California with properties in Alaska and Nevada. The company
also has a project office in Carson City, Nevada. For more information
on the Company 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
statements are statements that are not historical facts. Words such as
"expect(s)," "feel(s)," "believe(s)," "will," "may," "anticipate(s),"
"goal" 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.

Contact:

Phillip Winter
858-456-1273
ir@tonogold.com

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Copyright (c) 2008 TONOGOLD RESOURCES, INC. (TNGL) All rights
reserved. For more information visit our website at
http://www.tonogold.com/ or send mailto:ir@tonogold.com
Message sent on Wed Mar 19, 2008 at 6:18:43 AM Pacific Time
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