SOURCE: Tonogold Resources, Inc.

February 09, 2007 12:49 ET

Tonogold Resources, Inc. Announces Annual Shareholder Meeting, March 23, 2007

LA JOLLA, CA -- (MARKET WIRE) -- February 9, 2007 -- Tonogold Resources, Inc. (PINKSHEETS: TNGL) announces the annual shareholder meeting will be held Friday, March 23rd, 2007 from 2:00 pm to 5:00 pm at the Stratosphere Hotel in Las Vegas, Nevada. The meeting is to be held in the Sunrise Room at the Stratosphere Tower.

The company has scheduled a trip from Las Vegas to Tonopah to tour the Tonopah Divide, King Tonopah and Tonogold properties on Saturday, March 24th. Transportation is scheduled to depart the Stratosphere Hotel at 9:00 am.

Tonogold Resources shareholders can expect to receive the official notice of the meeting and proxy statement within the next two weeks. The notices will be mailed to the address of record. Please notify the corporate office if there has been a recent change of address.

The Stratosphere has blocked out a limited number of discounted rooms for the nights of March 23rd and 24th. Please call the Stratosphere directly at 800 998-6937 and refer to the Group Code: C-TGOLD at the time of the booking. The discounted block of rooms will be available until February 22, 2007 or until sold-out.

Tonogold Resources, Inc. is a minerals exploration company based in La Jolla, California with properties in Alaska and Nevada. The company also has a project office in Carson City, Nevada. For more information on the Company visit their website www.tonogold.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

This press release contains certain forward-looking information about Tonogold Resources, Inc. ("Tonogold") which is intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. Words such as "expect(s)," "feel(s)," "believe(s)," "will," "may," "anticipate(s)," "goal" and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, financial projections and estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to future operations, products and services; and statements regarding future performance. Such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of Tonogold Resources, Inc., that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include: our lack of operating revenue and earnings history, our need for additional capital to pursue our business strategy, the grade and quantity of minerals in our projects may not be economic, we do not have fee title to our properties, but derive our right through leases and the Mining Law, we are a non-reporting company and as such do not make periodic filings with the Securities and Exchange Commission, we trade on the Pink Sheets and there can be no assurances that a liquid market will develop in our securities, mining is subject to extensive environmental regulations and can create substantial environmental liabilities, gold and silver are commodities which have substantial price fluctuations, a drop in gold and/or silver prices could adversely affect future profitability and/or capital raising efforts, and mining can be dangerous and present operation hazards for employees and contractors. Readers are cautioned not to place undue reliance on these forward-looking statements. Tonogold does not undertake any obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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