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Viva Gold Receives Approval for 19-Hole Drill Program at Its Tonopah Gold Project in Nevada
VANCOUVER, BC / ACCESSWIRE / July 2, 2020 / Viva Gold Corp. ( TSXV:VAU)(OTC PINK:VAUCF )...
About this update from Viva Gold Corp
[{"type":"text","content":"Viva Gold Receives Approval for 19-Hole Drill Program at Its Tonopah Gold Project in NevadaVANCOUVER, BC / ACCESSWIRE / July 2, 2020 / Viva Gold Corp. (TSXV:VAU)(OTC PINK:VAUCF) (the \"Company\" or \"Viva\") is pleased to announce that the Bureau of Land Management, Tonopah Field Office has approved Viva's Work Plan to complete 19 additional drill holes at its Tonopah gold project located on the prolific Walker Lane gold trend (\"Tonopah\") in Western Nevada.The approved Work Plan, the 37th at Tonopah, includes 14 reverse circulation (\"RC\") drill holes and 5-core holes. The 14-RC holes are designed to target large blocks of inferred mineralization identified in the recently completed Preliminary Economic Analysis, where additional drill density is required to convert inferred mineralization to indicated category, to fill gaps in the existing drilled areas, and to extend mineralization along trend to the north-west. Five additional holes will be drilled utilizing core drilling in the centers of the known mineralized zones to capture samples for additional metallurgical and environmental test work.James Hesketh, President & CEO, remarked: \"The goal of the Work Plan is to further increase the size and confidence level of the known gold resources at Tonopah and to obtain metallurgical and environmental samples to further de-risk and advance the project towards feasibility study. This program will also target known open extensions to the northwest, where we believe that a high potential for additional discovery could exist. We anticipate commencing drilling operations at Tonopah on July 6, 2020.\"James Hesketh, MMSA-QP, has approved the scientific and technical disclosure contained in this press release. Mr. Hesketh is not independent of the Company, he is an Officer and Director.Stock Option IssuanceThe Company has issued a total of 1,065,000 equity stock option to officers, directors and contractors at a price of $0.285/Option for a period of three years.About Viva Gold Corp:Viva Gold is a gold exploration and project development company with a focus on Nevada. Viva holds 100% of the advanced Tonopah Gold Project, a large land position of approximately 8,800 acres with demonstrated high-grade measured, indicated and inferred gold resources, located on the prolific Walker Lane gold trend in Nevada, about 30 kilometers south-e...