Multiple Encouraging Intercepts On The Comstock Lode
LA JOLLA, CA - Tonogold Resources, Inc. reported on the recent drilling on the Comstock Lode in the Comstock Mining District near Virginia City, Nevada. It aims to prove the existence of a substantial mineable resource of gold and silver in the Comstock Mining District. The Company has received assays from five recently completed holes in the Company's ongoing exploration of the Comstock Lode. Drilling has shifted to testing the mid to shallow levels of the Lode where two holes were completed in the Segregated Belcher target (TC-009 and TC-010) and the remaining three holes tested the Con Imperial-Alpha target (TC-011, TC-012, and TC-013). Highlights of the results include 6.10 meters (m) at 6.77 grams per tonne gold equivalent (g/t AuEq) in TC-009, 1.52 m at 5.60 g/t AuEq in TC-011, 7.62 m at 9.51 g/t AuEq in TC-012 including 3.05 m at 20.83 g/t AuEq, and 1.52 m at 4.02 g/t AuEq in TC-013.
Brian Metzenheim, Interim CEO, said, “The recent drilling confirms Tonogold's theory that mineralized material assaying between 5 and 50 g/t AuEq remains in place along the Comstock Lode. We look forward to the results of the additional holes completed in the area and are reviewing permitting options for additional drilling.”