SOURCE: Tonogold Resources, Inc.

March 03, 2006 09:15 ET

Tonogold Resources, Inc. Hires Mining Industry Advisor Gordon Haworth

LA JOLLA, CA -- (MARKET WIRE) -- March 3, 2006 -- Tonogold Resources, Inc. (OTC: TNGL) has entered into a consulting agreement with Donbara Group, LLC to provide the advisory services of Gordon Haworth on strategies, negotiating agreements and evaluating business opportunities.

Mr. Haworth has over 40 years experience in the mining industry. He was President & CEO of Costain Holdings, Chicago from 1981 to 1992 where he built, from inception, a large minerals company involved in producing coal, talc, gold, oil and natural gas. Prior to that he was Vice President & Group Manager at Continental Bank, Chicago from 1972 to 1981 building and managing one of the most successful mining project lending divisions in the country. From 1968 to 1972 Haworth was Director of Mining Research at Continental Oil Company designing and implementing research programs on new mining and extraction methods for Conoco's uranium, phosphate and coal operations.

During his early years after leaving college he was hired by Quebec Iron & Titanium Corporation in 1959. At QIT he started as the mine engineer and also worked on new projects at the smelter. He then became Assistant Mine Manager responsible for operations at a large open pit mine, railroad and ship loading complex in a remote area of northeastern Quebec. In 1965 he was hired by Mobil Oil to supervise the development of a full scale underground oil shale test mine on Mobil property near Rifle, Colorado. The project was a joint venture of six major oil companies to determine the economics of oil shale production.

Haworth was educated as a mining engineer graduating from the Camborne School of Mines in Cornwall, England in 1955. After his two years of National Service in the Hydrographic Branch of the Royal Navy, he was awarded a William Campbell Fellowship at Columbia University in New York in 1957 for postgraduate studies in mineral economics and advanced mining techniques.

Jeff Janda, President of Tonogold Resources, commented: "Gordon is a great addition to our team and will help us make smart, strategic decisions in a fast moving market. Gordon has built a successful mining company and has a wide variety of operational, analytic, and managerial skills that he can bring to bear."

Tonogold Resources, Inc. is a minerals exploration company headquartered in La Jolla, California, with gold and silver properties in Alaska and Nevada. Tonogold Resources 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.

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)," 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 rights 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 operational 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.

Contact Information