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Re: News Releases - Thursday, November 13, 2008
Tonogold Resources Announces 3rd Quarter Exploration Update For
Tonopah Divide
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La Jolla, California. November 13, 2008. Tonogold Resources, Inc.
(PINK OTC: TNGL) announces an exploration update for the Tonopah Divide
Gold Project located five miles south of the town of Tonopah, Esmeralda
County, Nevada.
Centerra (U.S.), Inc., a subsidiary of Centerra Gold Inc. (TSX: CG), is
managing the exploration program as part of its Exploration and Option
Agreement with Tonogold Resources, Inc.
Tonogold has received Centerra's report for the quarter ending
September 30, 2008. Key points of interest are as follows:
Tonogold Resources, Inc. is a minerals exploration company based in La
Jolla, California. For more information on the Company visit their
website .
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: 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 rights 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
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:
Phillip Winter
Jeff Janda
858-456-1273
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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 Thu Nov 13, 2008 at 6:17:24 AM Pacific Time
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