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 a near-term Australian Gold Producer fast tracking to gold production and cashflow in 2022. The company provides the latest presentation on their diverse portfolio in Australia.
Tombola Gold Ltd (ASX:TBA) is pleased to announce that it has entered into a Binding Term Sheet with True North Copper Pty Ltd ("True North") for the re-commissioning and shortterm rental of the Great Australian Gold Production Plant.
Tombola Gold Ltd (ASX:TBA) is pleased to provide an overview of the Company's activities for the period ending 30 June 2022.
The Board of Tombola Gold Ltd (ASX:TBA) is pleased to advise that it has secured firm commitments for gross proceeds of approximately $4.6m pursuant to a private placement, which will settle subject to shareholder approval at the Company's EGM, expected to be convened in the next weeks.
Tombola Gold Ltd (ASX:TBA) is pleased to announce that it has secured a significant and strategic regional footprint around the Company's existing Mt Freda project via the formalisation of the acquisition agreements for the Lorena Gold Project.
Further to the Company's previous release of 20 June 2022, Tombola Gold Ltd (ASX:TBA) wishes to advise that the timeframe for the Due Diligence associated with the transaction has been extended by mutual agreement from 30 June to 7 July 2022.
Tombola Gold Ltd (ASX:TBA) is pleased to announce positive results from the first hole of a proposed five-hole diamond drilling program at Little Duke, within the highly prospective Golden Mile Complex in Cloncurry, Queensland
Tombola Gold Ltd (ASX:TBA) is pleased to confirm its positive progress towards first gold production, with mining activities advancing well-ahead of schedule at Comstock and Shamrock open-pits.
Tombola Gold Ltd (ASX:TBA) is pleased to announce that it has signed a binding Term Sheet to acquire 100% of the Lorena Processing Facility, located only 30km from the Company's 100% owned flagship Mt Freda Gold Mine in Cloncurry, Queensland.
Tombola Gold Ltd (ASX:TBA) is pleased to advise of the appointment of Mr Ken Stapleton as an Executive Director to replace Mr Geoff Kidd who has decided to retire as an Executive Director for health reasons.
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