Tombola Gold Ltd (ASX:TBA) is a company assembled by experienced, exceedingly well-qualified and all very well rounded team members that have previously floated exploration companies which achieved major resource discoveries and success. Between the Tombola team members, Tombola as a company have well over 100 years of accumulated experience in the mining, exploration and resource sector. Tombola principal objective is to acquire assets to explore for and develop a large IOGC or porphyry deposit funded by low-risk gold production resources. To that end, Tombola has a license covering 970 sq km prospective for gold/copper in the Mount Bryan-Red Banks-World's End area near Burra in South Australia; with strategic agreements with Queensland Mining Corporation.
Tombola Gold Ltd
ASX:TBA ISIN:AU0000154940
News
Tombola Gold Ltd (ASX:TBA) is pleased to announce that the Company has achieved a significant milestone by reaching agreement with Ilwella Pty Ltd, one of the Company's substantial shareholders, for the pre-sale of the first 200 ounces of gold to be produced.
Tombola Gold Ltd (ASX:TBA) is pleased to announce continued positive results from the Company's initial drilling program at the Mt Scheelite Target, within the highly prospective Golden Mile Complex in Cloncurry, Queensland.
Tombola Gold Ltd (ASX:TBA) is pleased to announce that the Company has advanced to 100% ownership of the Golden Mile Project in Cloncurry, Queensland, increasing its ownership from 93%, via successful negotiations with ASX-listed Aeris Resources Ltd (ASX:AIS).
Tombola Gold Ltd (ASX:TBA) is pleased to announce the successful closing of a book-build to privately place approximately 132.7 million new fully paid ordinary shares (the Private Placement Offer) at an issue price of $0.026 per share.
Tombola Gold (ASX:TBA) is pleased to advise shareholders and investors that the Company will be presenting as part of the free Broker Briefing Mining & Resources Investor Webinar on Thursday 3 November 2022.
Tombola Gold Ltd (ASX:TBA) is pleased to announce the achievement of a major milestone with the first material from Comstock and Shamrock being delivered from the Mt Freda Run of Mine pad, 54km to the Great Australian Mine plant for crushing and processing in November.
Tombola Gold (ASX:TBA) is pleased to announce that mining activities continue to progress well at the Company's two operating mines - Comstock and Shamrock, where currently 61,000 tonnes of ROM material are stockpiled for haulage to the Great Australia Mine (GAM) processing plant.
Tombola Gold Ltd (ASX:TBA) is pleased to announce continued positive results from the Company's initial drilling program at the Mt Scheelite Target, situated to the west of the highly prospective Golden Mile Complex in Cloncurry, Queensland.
Tombola Gold Ltd (ASX:TBA) is pleased to announce a Mineral Resource estimate of 72,000 oz Au can be publicly reported for the first time for the Wynberg and Wallace South Projects.
Tombola Gold Ltd (ASX:TBA) wishes to advise that the timeframe for completion of the True North project transaction has been extended by mutual agreement from 6 September to 13 September 2022.
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