Business
Viva Gold Announces Filing PEA Study for its Tonopah Gold Project, Nevada
(TheNewswire) VANCOUVER, BC – TheNewswire - August 21, 2025 ...
About this update from Viva Gold Corp
[{"type":"text","content":"Viva Gold Announces Filing PEA Study for its Tonopah Gold Project, Nevada\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n VANCOUVER,\n \n\n BC\n \n\n –\n \n\n TheNewswire -\n \n\n August\n \n\n 21, 2025\n \n\n –\n \n\n Viva Gold Corp (\n \n\n TSXV: VAU; OTCQB: VAUCF\n \n\n ) (the “\n \n\n Company\n \n\n ” or “\n \n\n Viva\n \n\n ”) is pleased\nannounce it has filed a report titled “Preliminary Economic\nAssessment, NI43-101 Technical Report, Tonopah Gold Project, Nevada,\nUSA” with a report date of August 20, 2025 on SEDAR for the Tonopah\ngold project (“Tonopah”). Tonopah is located about 20 minutes’\ndrive from the town of Tonopah, Nevada. The results of the report were\nfirst announced on July 7, 2025. The study was prepared by WSP Canada\nInc.\n \n\n (“\n \n\n WSP”\n \n\n )\n \n\n of\nCalgary, Alberta and Kappes, Cassiday Associates\n \n\n (“\n \n\n KCA”\n \n\n )\n \n\n of Reno, Nevada. All amounts shown in\nthis news release are in United States Dollars and metric units of\nmeasurement unless otherwise stated. The Technical Report is available\non Viva’s website at\n \n\n\n\n www.vivagoldcorp.com\n \n\n\n\n and\nunder the companies profile at\n \n\n https://www.sedarplus.com\n \n\n .\n \n\n\n\n “Due to the unique optionality of the Tonopah Gold\nProject, we decided to take a very detailed and comprehensive approach\nto fully examine and understand several possible mining and process\nscenarios. Even after this robust approach, the PEA study demonstrates\nthat the Tonopah Gold project is potentially viable for development as\nan economic open pit gold mine to produce gold and silver. As we\nfurther refine and optimize the final mine and process plan through\nthe planned feasibility study work, we see several areas where capital\nand operating costs can be dramatically improved. A favorable gold\nprice and permitting environment in the mining friendly State of\nNevada further supports this development potential,” stated James\nHesketh, President & CEO.\n \n\n\n\n The report details a conventional truck/loader open pit\nmining operation producing at a rate of 45,000 tonnes per day\n(“tpd”) over a seven year mine life to feed a 10,000 tpd\nthree-stag...