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Viva Gold Announces Additional High-Grade Drill Results at its Tonopah Project Including 1.5 Meters at 19.2 grams/ton Gold
VANCOUVER, British Columbia, July 23, 2018 (GLOBE NEWSWIRE) -- Viva Gold Corp. (TSX-Venture:VAU) (OTCBB:VAUCF) (the “Company” or “Viva”) is pleased to announce
About this update from Viva Gold Corp
[{"type":"text","content":" VANCOUVER, British Columbia, July 23, 2018 (GLOBE NEWSWIRE) -- Viva Gold Corp. (TSX-Venture:VAU) (OTCBB:VAUCF) (the “Company” or “Viva”) is pleased to announce additional assay results from the recently completed 11 hole Reverse Circulation (“RC”) drill program at its Tonopah Gold Project, located near Tonopah, Nevada. Drill Result Highlights TG 1810 - 1.5 meters at 5.68 grams/tonne (“g/t”) included in 15.3 meters averaging 1.21 g/t. TG 1812 – 1.5 meters at 19.2 g/t included in 10.7 meters averaging 3.07 g/t. TG 1815 – 1.5 meters at 8.79 g/t included in 13.7 meters averaging 1.64 g/t. TG 1810 was drilled from the west at -65 degrees into the Discovery zone and represented a 15 to 20 meter step-out from the nearest drill holes. This hole successfully extended the western limits of that zone. TG 1812 was drilled at an angle of -75 degree as a 30 to 35 meter step-out to the north end of the potluck zone into an area of limited drilling. This hole was a successful infill hole between known zones. TG 1815 was drilled at an angle of -70 degrees as a 15 to 20 meter step-out on the north end of the 63-77 zone and was successful in further extending that zone. The interaction between high angle and low angle mineralization geometries is difficult to decode for individual drill holes. However, these holes are targeted to crosscut the low-angle mineralized zones while remaining as perpendicular as possible to high-angle extensional zones. Downhole lengths are believed to be representative of true thickness for the low-angle zones. “These drill holes represent judicious step-outs from known zones and into areas that require further in-fill drilling to either connect or extend various mineralized zones. In addition, these results further demonstrate the inherently high-grade nature of the system and that zones of low grade mineralization surround the higher-grade zones highlighted above. We have further clarity and confidence that our goal of increasing the contained gold resource to over 1.0 million ounces is achievable,” states James Hesketh, President & CEO. Viva expects to receive assay results for drill holes TG 1809, TG 1811, TG 1813 and TG 1814 over the next few weeks. As announced on April 26th, 2018 Viva Gold plans to drill 28 holes in total for the project, with the remaining 17 holes in the...