IRVINE, Calif., Feb. 8, 2007 (PRIME NEWSWIRE) -- "Since publicly traded gold companies are generally valued based on the quantity of their resource, reports from independent consulting geologists are incredibly important," stated SmallCap Sentinel analyst D.R. Clark. "For example, news such as was released yesterday by Tonogold Resources (Pink Sheets:TNGL) announcing that exploration could outline 1 to 2 M oz of Au and 10 to 50 M oz of Ag at open pit depths at their Tonopah Divide Gold Property could in all practical purposes change an investor's perspective on the company and may generate a new valuation in the marketplace."
"These are head turning numbers in the junior gold exploration world," said Clark. "Most junior mining companies would consider an estimate like this the stuff of a flagship property. Tonogold is calling it another success in a string of successes."
Tonogold Resources, Inc. is a minerals exploration company based in La Jolla, California with gold and silver properties in Alaska and Nevada. Tonogold is the parent company of Prospect Uranium, Inc. For more information on the company visit their websites at http://www.tonogold.com and http://www.prospecturanium.com.
To view the entire gold exploration report visit Tonogold's website at www.tonogold.com/s/TonopahDivide.asp
The informational report "Investing in Gold Stocks for the SmallCap Investor" has been made available free of charge at http://www.SmallCapSentinel.com and will address the rise of interest in gold related equities such as U.S. Gold (AMEX:UXG), Newmont Mining Corporation (NYSE:NEM), Vista Gold Corp. (AMEX:VGZ) and others.
Additionally, Tonogold's uranium efforts are further discussed in the informational report "Uranium for the SmallCap Investor" at www.SmallCapSecret.com
Statements herein contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel/StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to its accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor and this report is not investment advice. MP has been granted 138,000 restricted shares of TNGL by Tonogold Resources for preparation and distribution of this report and other advertising services previous to and over the next 90 days. Additionally, MP and/or its affiliates, associates and employees from time to time may have either a long or short position in any securities mentioned. This constitutes a conflict of interest as to MP's ability to remain objective in communication regarding the subject companies.