Tonogold Resources, Inc. announces the sale of its Alaska assets and leasehold interest in the Nyac, Alaska Gold Project to Nyac Gold LLC. The terms of the sale include cash and future consulting fees valued at approximately $563,420. Also, Tonogold has a retained a one-half percent net smelter royalty. The Nyac Gold Project consists of 57,600 acres leased from Calista Corporation. Tonogold conducted...
Blue Sky Network, a leading global provider of mobile asset management and fleet management solutions using GPS tracking, today announced that Bond Offshore Helicopters Ltd. selected Blue Sky Network’s solution to provide GPS flight following, text and voice capabilities aboard its current fleet of ten AS332L2/EC225’ based in Aberdeen, Scotland. Using the solution, Bond Offshore ground operations...
Tonogold Resources, Inc. announces an exploration update for the Tonopah Divide Gold Project located five miles south of the town of Tonopah, Esmeralda County, Nevada. On March 19, 2008, Tonogold announced an Exploration and Option Agreement for the Tonopah Divide Project with Centerra (U.S.), Inc., a subsidiary of Centerra Gold, Inc. whereby Centerra may earn a 60% interest in the Project for expenditures...
Bonanza Oil and Gas, Inc a Nevada Corporation and an independent oil and gas company, Bonanza Oil & Gas is beginning operations on the Damon Mound Drilling Program in Brazoria County, Texas. The first of four proposed wells are being staked and location constructed for an August 2008 spud date. “The Company is delighted that operations are starting on Damon. This drilling program continues the...
Bonanza Oil and Gas, Inc., a Nevada Corporation and an independent oil and gas company, is pleased to announce the start of the Company’s drilling program on the Point Bar Prospect on Damon Mound in Brazoria County, Texas. Bonanza Oil & Gas is beginning operations on the Damon Mound Drilling Program in Brazoria County, Texas. The first of four proposed wells are being staked and location constructed...
STW Resources, Inc. (“STW”) announced that it has brought on the following influential outside directors to advise it on its oil and gas water recycling operations. “These directors are key legislative and industry advisors who bring unique contributions to STW’s future success,” said Stanley T. Weiner, STW’s Chairman and Chief Executive Officer. The Honorable Bill Carter is a former long-term...
Prospect Uranium, Inc., a subsidiary of Tonogold Resources, Inc., announces the formation of Secure Energy LLC., a joint venture for the purpose of acquiring and developing advanced uranium exploration properties amenable to in-situ recovery mining methods. The Secure Energy LLC. joint venture is an agreement between Prospect Uranium, Inc., Donbarra Group LLC and Hardbow Uranium LLC. The joint venture...
Tonogold Resources, Inc. has completed their 2006 core drilling, sampling and mapping program at their 83,200 acre Nyac Gold Project in the Tintina Gold Belt of southwest Alaska. The Company has shipped 4,137 soil samples, 55 rock chip samples and 1,361 core samples to the assay lab, ALS Chemex. Assays are reported from the first 2,390 soil samples. Tonogold drilled eleven holes at Nyac in 2006, testing...