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Viva Gold Makes Major New High-Grade Gold Discovery at Midway Hills at the Tonopah Gold Project in Nevada

(TheNewswire)   Viva  intercepts 0.89 g/t Gold and 6.78 g/t silver over 38.1 meters...

articleViva Gold CorpJuly 2, 20264/news/viva-gold-makes-major-new-high-grade-gold-discovery-at-midway-hills-at-the-tonopah-gold-project-in-nevada
Viva Gold Makes Major New High-Grade Gold Discovery at Midway Hills at the Tonopah Gold Project in Nevada

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Viva Gold Makes Major New High-Grade Gold Discovery at Midway Hills at the Tonopah Gold Project in Nevada (TheNewswire)   Viva  intercepts 0.89 g/t Gold and 6.78 g/t silver over 38.1 meters including 6.1 meters averaging 3.56 g/t Au and 22.45 g/t Ag from 179.8 meters below prior drilling.   Highlights New gold zone discovered at Midway Hills, ~1,400 m northwest of the main Tonopah resource: drillhole TG2616 returned 38.1 m of 0.89 g/t gold and 6.78 g/t silver, including 6.1 m of 3.56 g/t gold and 22.45 g/t silver from 179.8 m depth.  A new target type at Tonopah— the intercept sits entirely within the Palmetto Argillite (OPA), ~27 m below the volcanic contact and beneath historic drilling.  Open at depth and along strike— anomalous gold continues to the bottom of TG2616, with assays pending for two step-out holes ~100 m east and west.  Drill-ready— the target lies within the existing Exploration Plan of Operations, allowing follow-up drilling to be approved on an accelerated basis, while Tonopah advances through a pre-feasibility study.    VANCOUVER, BC – July 1, 2026 – TheNewswire - Viva Gold Corp (TSXV: VAU; OTCQB: VAUCF) (the “Company” or “Viva”) is pleased to announce that it has made a major new gold discovery in the Midway Hills portion of its Tonopah Gold Project (“Tonopah,” or the “Project”). Tonopah is located on the prolific Walker Lane Mineral Trend in western Nevada, approximately a 30-minute drive south of Kinross Gold’s Round Mountain Mine.   TG2616 drilled vertically at a dip of minus 90 degrees intercepted 0.89 g/t Gold and 6.78 g/t silver over 38.1 meters including 6.1 meters averaging 3.56 g/t Au and 22.45 g/t Ag from 179.8 meters depth.     This significant intercept was entirely within Ordovician age Palmetto Argillite (OPA), commencing approximately 27 meters below the Tertiary Volcanic (TVL)/OPA contact. Assays are pending for two remaining exploration holes in the Midway Hills, drilled on a line approximately 100 meters to the east and west  of TG2616.  The Midway Hills are located approximately 1,400 meters (~1.0 mile) NW of the main resource pit at Tonopah, which is currently the subject of pre-feasibility study. Midway Hills is located within the boundaries of the exist...

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