About Tonopah
Viva gold owns 100% of the Tonopah gold project (“Tonopah”) through its wholly owned Nevada subsidiary 082130 Corp. Tonopah is located in the Ralston Valley, on the northeast side of the San Antonio Mountains on the prolific Walker Lane structural belt of west-central Nevada, about 20-minutes’ drive north of the town of Tonopah and 30-minute drive south of Kinross Gold’s Round Mountain Mine. The project consists of 508 unpatented mineral claims totaling approximately 10,200 acres of land, 184 of which are subject to a 2% Net Smelter Royalty (“NSR”). Viva holds an option to acquire 1% of the 2% NSR for US$1.0 million. The remaining 324 claims have no royalties.
Project Infrastructure
Tonopah is accessed by State Highway 376, and Nye County Belmont Road. Both commercial water and grid power are available in close proximity to the site. Water may be purchased commercially from Tonopah Public Utility, whose pipeline crosses the Company’s mining claims, or water rights can be leased or acquired. The Ralston Valley is the only remaining under-allocated hydrographic basin remaining in the State of Nevada so additional water rights are a matter of application and demonstration of beneficial use. A 15 KV Nevada Energy powerline, which can be upgraded to 25KV, also crosses the property. Tonopah is located within four hours’ drive of either Las Vegas or Reno in Nevada and is in close proximity to Round Mountain, Nevada, where equipment supplies depots, machine shops and skilled labor can be found.
