Tonogold Resources, Inc. ('Tonogold' or 'the Company') announced changes to its board and management team that will be effective immediately. William Hunter has joined the board of directors as Chairman and will serve as Interim CEO while the Company completes a search for a permanent CEO. In addition, Ryan Welker has joined the board as an independent director.

Mr. Hunter and Mr. Welker each bring a wealth of experience in the natural resources sector to the Company. Additional board candidates are under consideration and will be announced as their appointments are finalized. As part of the refresh of the Company's board, Travis Miller and Gustavo Mazon Escalante have agreed to step down from their positions as Company directors upon the appointment of two additional directors, anticipated to take place during the next one to two months.

Bob Kopple will remain on the board to assist with the transition of the Company's board and management team. During his 30-year career Mr. William Hunter has been involved in more than $20 billion worth of transactions in the natural resources, transportation, and industrial sectors. He has extensive experience in capital markets and has been involved in directing and financing resource companies, most recently as President and Chief Financial Officer of Advent Technologies Holdings, Inc. and Chief Executive Officer of AMCI Acquisition Corp.

Mr. Ryan Welker is currently Managing Director of ASX listed gold producer Medusa Mining Limited.