Acquired by Viva in 2017, the Tonopah project consists of a major land position on the prolific Walker Lane Trend in Western Nevada. Tonopah contains an estimated pit-constrained resources of over 326,000 measured and indicated resource ounces, with an additional 181,000 ounces of inferred resource. In addition, Viva has outlined exploration targets on major trends at the property, which, if successfully drilled, may achieve the goal of significantly increasing the size of the project.
A preliminary economic analysis ("PEA") analysis of the project as an open-pit heap-leach development opportunity has been completed and produced strongly economic results. This study provides justification for continued investment in the Tonopah project. With its location in a known mining district in western Nevada, paved road access, nearby power, water, and mining-support infrastructure, capital costs for the project are projected to be low.
Viva Gold Increases Land Position at its 100% Owned
Tonopah Gold Project in Nevada - July 19, 2021
Viva Gold to Commence Drill Program at its Tonopah Gold Project in Nevada - July 12, 2021
Viva Gold Announces Stock Option Grant - June 30, 2021
Viva Gold Announces Closing of $2.8 Million Financing - June 28, 2021
Viva Gold Cancels Special Shareholder Meeting - June, 25, 2021
Viva Gold Announces Repricing of Financing - June 21, 2021
Viva Gold Amends Financing Terms - June, 11, 2021