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An update from Viva Gold ( (TSE:VAU) ) is now available.
Viva Gold Corp has launched a comprehensive Technical Study for its Tonopah Gold Project in Nevada, targeting Pre-Feasibility standards with some Feasibility-level components to refine mine design, processing options, and cost estimates. The company aims to use this work to define Proven and Probable reserves, establish a detailed mine plan and cost framework, and set a clear roadmap toward permitting and capital-efficient mine development over the next eight to nine months.
Specialist firms Kappes Cassiday & Associates and Independent Mining Consultants will lead key aspects of metallurgy, plant design, resource and reserve estimation, and mine planning, supported by regional experts in geotechnical, environmental, and permitting disciplines. The study will update the resource model, prioritize early access to higher-grade mill feed, stage capital for high-return mill operations, optimize pit slopes, and evaluate mining options, all intended to sharpen project definition, enhance capital efficiency, and advance Tonopah toward permitting and eventual production.
More about Viva Gold
Viva Gold Corp is a gold exploration and development company focused on its 100%-owned Tonopah Gold Project in western Nevada, located near Kinross Gold’s Round Mountain mine on the Walker Lane Trend. The company has outlined a high-confidence mineral resource and envisions an open-pit, heap leach and mill operation, positioning itself to advance Tonopah as an economically viable and environmentally responsible gold mine under an experienced management team.
Average Trading Volume: 178,115
Technical Sentiment Signal: Sell
Current Market Cap: C$23.29M
For detailed information about VAU stock, go to TipRanks’ Stock Analysis page.