Exploration Update At Tonopah Divide

 

 

LA JOLLA, CA - Tonogold Resources, Inc. reported on 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. is managing the exploration program as part of its Exploration and Option Agreement with Tonogold Resources.

Tonogold has received Centerra's report for the quarter ending June 30, 2009. Key points of interest are as follows: ¥ A 13 hole reverse circulation drill program is currently underway covering seven target areas. ¥ Five drill holes will follow up favorable results from the 2008 drill program. ¥ A CSAMT survey was completed by Zonge Geosciences that is an extension of the 2008 IP grid.

¥ Mapping and sampling of trenches near Gold Mountain and along the Divide Andesite contact were completed. Trench and road cut sampling indicates a new target area near Gold Mountain including 60 feet of 1.5 ppm gold and 80 feet of 0.815 ppm gold in trenches and 120 feet of 1.65 ppm gold in a road cut that is subparallel to the strike of a structure. ¥ Results of the drill program will be available in the 3rd Quarter Exploration Update.

Tonogold Resources, Inc. is a minerals exploration company based in La Jolla, California.

The company’s address is 5771 La Jolla Blvd., Ste. 100, La Jolla, CA 92037, 858-456-1273, fax: 858-456-2540, email: [email protected].