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Viva Gold Reports Multiple High-Grade Gold Hits at the Tonopah Gold Project Including 90 Meters at 2.0 gpt Gold
(TheNewswire) Recent Program Returns Several Headline Holes with High-Grade Gold at Shallow...
About this update from Viva Gold Corp
[{"type":"text","content":"Viva Gold Reports Multiple High-Grade Gold Hits at the Tonopah Gold Project Including 90 Meters at 2.0 gpt Gold \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 Recent Program Returns Several\nHeadline Holes with High-Grade Gold at Shallow Depths\n \n \n \n \n VANCOUVER, BC\n \n \n –\n \n \n TheNewswire\n \n \n –\n \n \n May 1, 2024\n \n \n –\n \n \n Viva Gold Corp (\n \n \n TSX-Venture: VAU; OTCQB: VAUCF\n \n \n ) (the “\n \n \n Company\n \n \n ” or “\n \n \n Viva\n \n \n ”)\n \n \n is pleased to announce high-grade gold results from its\nrecently completed 10-hole, 1,515 drilling program at its 100% owned\nTonopah Gold Project in Nevada.\n \n \n This program was\nhighly successful in infilling gaps in the existing drill pattern to\nconnect higher grade areas into much larger zones. The Tonopah project\nis located on the prolific Walker Lane mineral trend in western\nNevada, about 20 minutes’ drive from the town of Tonopah.\n \n \n \n \n Program Highlights\n \n \n \n \n \n \n \n \n \n “This drill program produced amazing results with 60%\nof the holes hitting long sections of high-grade gold mineralization\nand within the footprint our existing 2022 PEA\n \n \n (1)\n \n \n resource pit outline. We discovered previously unknown areas\nof gold mineralization with longer lengths and higher gold grades than\nexpected. These holes were placed to tie together existing high-grade\nintercepts to strengthen and expand the shallow high-grade starter\npits for the project, which we believed will substantially improve\nproject economics. These results are expected to increase gold ounces\nat Tonopah, result in an upgrade to resource confidence levels, and\nreduce strip ratio as waste is converted to mineralization. This drill\nprogram provides clear justification and support for additional infill\nand step-out drilling on this project,\n \n \n ”\n \n \n stated\n \n \n James Hesketh, President &\nCEO.\n \n \n “Many geologists go their whole careers\nwithout seeing drill results like these, so needless to say we are\nvery excited about Tonopah.”\n \n \n \n \n TG2409\n \n \n (21.3\nmeters at 5.1 gpt Au) was drilled as an approximate 40-meter offset to\nthe west of\n \n \n TG2211\n \n \n (...