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Viva Gold Launches New Drilling Phase at Nevada’s Tonopah Project

Story Highlights
  • Viva Gold has started a 2,500-metre drilling program at Tonopah to upgrade resources and close gaps around the planned pit area.
  • The campaign will support an ongoing pre-feasibility study and permitting push, aiming to de-risk Tonopah and enhance its development prospects.
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Viva Gold Launches New Drilling Phase at Nevada’s Tonopah Project

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Viva Gold ( (TSE:VAU) ) has provided an announcement.

Viva Gold Corp has begun a 2,500-metre reverse circulation drilling campaign at its Tonopah Gold Project in Nevada, targeting the conversion of inferred mineralization to measured and indicated categories and closing gaps around the planned pit area defined in its June 2025 economic study. The program also includes drilling at the Midway Hills prospect to confirm historical 1988 discovery holes, with results feeding directly into an ongoing pre-feasibility study aimed at de-risking the project and moving it toward formal permitting and potential development.

Management says the coordinated drilling and study work is intended to demonstrate further resource growth while maintaining disciplined capital use and a clear development pathway. The initiative underscores Viva’s efforts to strengthen Tonopah’s economic case and solidify its position in Nevada’s competitive gold mining sector, with updates to follow as assay results are received.

More about Viva Gold

Viva Gold Corp is a gold exploration and development company advancing its 100%-owned Tonopah Gold Project in Nevada, a prospective open-pit, heap leach and mill operation on the Walker Lane Trend near Kinross Gold’s Round Mountain mine. The company, led by veteran mining executive James Hesketh and an experienced technical team, targets environmentally and socially responsible development with backing from institutional shareholders and listings in Canada, the U.S. and Frankfurt.

Average Trading Volume: 182,125

Technical Sentiment Signal: Sell

Current Market Cap: C$23.29M

See more data about VAU stock on TipRanks’ Stock Analysis page.

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