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Viva Gold Announces Further Drill Results With Step Out Holes Confirming Extension of Gold Mineralization at Its Tonopah Project, Nevada
VANCOUVER, BC / ACCESSWIRE / October 14, 2020 / Viva Gold Corp. ( TSXV:VAU)(OTCQB:VAUCF ) (...
About this update from Viva Gold Corp
[{"type":"text","content":"Viva Gold Announces Further Drill Results With Step Out Holes Confirming Extension of Gold Mineralization at Its Tonopah Project, NevadaVANCOUVER, BC / ACCESSWIRE / October 14, 2020 / Viva Gold Corp. (TSXV:VAU)(OTCQB:VAUCF) (the \"Company\" or \"Viva\") is pleased to announce assay results for four additional reverse circulation (\"RC\") drill holes from its previously announced 19-hole RC and core drilling program at the Tonopah Gold Project located near Tonopah, Nevada.Hole TG2004 was drilled as a ~50-meter step-out at the southeastern extent on the principal northwest-southeast trend of mineralization. This hole intercepted two-mineralized zones including 4.9 meters at 1.0 gram per tonne and 29.5 meters at 0.7 grams per tonne, which included 4.9 meters at 1.22 grams/tonne and 3.3 meters at 2.0 grams per tonne marking a possible extension of known mineralization and remains open along trend. Furthermore, TG2004 infills an area at the southeast end of the North Pit zone that had previously been carried primarily as waste in the resource model.Hole TG2007 intercepted 10.7 meters at 0.9 grams per tonne and was drilled as a shallow step-out hole in the South Pit zone. This hole successfully confirmed and likely upgraded a large area of shallow gold mineralization that had been carried as inferred in the resource model.Hole TG2006 was drilled at the eastern extent of the South Pit zone and confirmed the limit of mineralization to the east along that east-west trend.\"We are very pleased by the results of this drill program. Hole TG2004 in the southeast and previously announced holes TG2001 and TG2002 in the northwest were drilled as step-outs at each end of the principal northwest-southeast oriented mineral trend on the project. These holes are likely to have extended the mineralized zone by as much as 50-meters in each direction and the trend remains open at both ends for additional extension. Our drill results in the south resource area are confirming and likely upgrading what was primarily a shallow inferred resource in that area. Overall, this program appears to confirm and supports our thesis of a potentially larger gold resource at the Tonopah project,\" stated Mr. James Hesketh, President & CEO.A total of 11-RC drill holes has now been completed in this program and the RC rig has been demobilized. The originally announce...