IRVINE, Calif., Oct. 31, 2006 (PRIMEZONE) -- "As gold exploration maintains its lucrative draw for investors and gold exploration companies, management teams are looking to maximize the opportunities that arise from their efforts to locate more gold-bearing land," stated SmallCap Sentinel analyst D.R. Clark. "Smart companies are realizing that they can monetize the cost of their exploration activities by marketing properties that don't fit their particular model to smaller operators for which the properties may be ideal."
"Why not try to sell this knowledge to those in search of it?" said Clark. "This appears to be the motivation behind Tonogold Resources' (Pink Sheets:TNGL) recent establishment of a land division focused on acquiring and reselling formerly-producing gold, silver and uranium mines in its areas of interest for exploration and development by third parties. This should definitely help with the company's exploration expenses."
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 www.tonogold.com and www.prospecturanium.com.
A Tonogold profile is available at: http://stockupticks.com/profiles/11-9-05.html
The 2005 Final Report from last year's exploration program on Tonogold's Nyac property in Alaska can be downloaded here: http://www.tonogold.com/s/NewsReleases.asp Daily updates and pictures from the 2006 sampling and drilling program can be found on their website, as well.
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 (OTCBB:USGL), NovaGold Resources (AMEX:NG), Vista Gold Corp. (AMEX:VGZ) and others.
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 ninety-day 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 its communication regarding the subject companies.