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An update from Viva Gold ( (TSE:VAU) ) is now available.
Viva Gold Corp. has announced a non-brokered private placement offering of up to 18,750,000 units at CDN$0.16 per unit, aiming to raise up to CDN$3,000,000. The proceeds will be used for pre-feasibility and feasibility studies at the Tonopah Gold Project, as well as for geophysical surveys, drilling, and general working capital. This strategic move is expected to bolster the company’s operational capabilities and advance its high-grade gold project in Nevada.
More about Viva Gold
Viva Gold Corp. is a mining company focused on the development of its 100% owned Tonopah Gold Project located in Western Nevada, a region known for its prolific gold mining activity. The company aims to establish an economically viable open pit, heap leach/mill gold project, and is committed to environmentally and socially responsible practices. Led by CEO James Hesketh, Viva Gold boasts a management team with extensive experience in gold exploration and production.
Average Trading Volume: 182,010
Technical Sentiment Signal: Buy
Current Market Cap: C$26.2M
Find detailed analytics on VAU stock on TipRanks’ Stock Analysis page.