Highlights TONOGOLD advises the Term Sheet entered into with JAG Minerals Pty Ltd on March 25, 2024, has been amended, extending the Exclusivity Period to July 30, 2024. Scintillometer readings up to 45,200cps, with assays revealing >1% Uranium and >1% Vanadium. Seven targeted samples taken from zones with visible carnotite and uraninite, primarily from in-situ sources, will provide a crucial basis for detailed analysis and aid in planning drilling operations.
Tonogold Resources Inc. advises that it and its merger partner, JAG Minerals USA, Inc., have amended the Term Sheet dated March 25, 2024, to extend the Exclusivity Period by 35 days to July 30, 2024. This Extension will give the parties the ability to consummate the transaction as previously announced. In addition...