Viva has developed a quality resource at the Tonopah project containing over 250,000 ounces of pit-constrained  measured and indicated gold resource, with an additional 123,000 ounces of inferred resource.  In addition, Viva has outlined exploration targets on major trends at the property, which, if successfully drilled, should achieve the goal of significantly increasing the size of the project.   

The site enjoys excellent infrastructure and testwork  demonstrates good metallurgy to support and open pit  heap leach development concept. The Company has announced its intent to commenced a preliminary economic analysis of the project.  

Acquired by Viva in 2017, the Tonopah project consist of a major land position on the prolific Walker Lane Trend in Western Nevada with a wealth of data and drill holes that demonstrate high-grade gold in the ground. The transaction allowed Viva to re-negotiate royalty structures which were reduced from an untenable sliding-scale 7% NSR to a 2% NSR with a 1% buyout option, allowing Viva to evaluate Tonopah with new economic criteria as an open pit project