Archive

Original announcement by thenewswire on

Company
Viva Gold Corp
Ticker
VAU
Exchange
Unavailable
Region
Nevada
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-10-01 04:19:30 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Viva Gold has reported additional shallow, high-grade gold drill results from its Tonopah Gold Project in Nevada. The results, including a 9.1 m intercept at 9.3 g/t Au, are intended to support the conversion of inferred resources to measured and indicated categories for the ongoing pre-feasibility study.

Reasoning: The release reports several high-grade gold intercepts (up to 26.3 g/t) in shallow zones that are expected to support resource upgrading and improve project economics.

Positive factors

  • high-grade intercepts
  • shallow mineralization
  • resource conversion potential
  • QA/QC disclosed

Negative factors

  • some results are preliminary
  • many assays still pending

Facts used in scoring: 7

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions blanks, standards, and independent laboratory testing.

Evidence · text

“utilizes a well-documented system of inserting blanks and standards into the assay stream”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The 1.5 m @ 26.3 g/t Au intercept is exceptionally high grade.

Evidence · text

“containing 1.5 m @ 26.3 g/t”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

TG2606Tonopah · goldGrade: 2.34Grade Unit: g/tIntercept: 51.8 mView all details
Link to this fact

Identity

Hole ID
TG2606
Project
Tonopah
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
VAU

Geometry

Grade
2.34
Grade Unit
g/t
Intercept
51.8 m
From
21.3 m
To
163.1 m
Intercept Depth
21.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
TG2606:21.3-163.1
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories Inc.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-13T00:00:00.000Z

Reasoning: 51.8m at 2.34 g/t Au is a solid intercept for an open-pit target.

Positive factors

  • strong grade and width

Evidence · text

“TG2606 : 51.8 meters @ 2.34 grams per tonne (g/t Au)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

TG2606Tonopah · goldGrade: 3.14Grade Unit: g/tIntercept: 32 mView all details
Link to this fact

Identity

Hole ID
TG2606
Project
Tonopah
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
VAU

Geometry

Grade
3.14
Grade Unit
g/t
Intercept
32 m

Classification

Program
mixed
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories Inc.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-13T00:00:00.000Z

Reasoning: Strong grade sub-interval within the main intercept.

Positive factors

  • high-grade sub-interval

Evidence · text

“including 32 m at 3.14 g/t”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

TG2606Tonopah · goldGrade: 9.3Grade Unit: g/tIntercept: 9.1 mView all details
Link to this fact

Identity

Hole ID
TG2606
Project
Tonopah
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
VAU

Geometry

Grade
9.3
Grade Unit
g/t
Intercept
9.1 m

Classification

Program
mixed
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories Inc.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-13T00:00:00.000Z

Reasoning: High grade intercept of 9.1m at 9.3 g/t Au.

Positive factors

  • bonanza grade

Evidence · text

“which included 9.1 m @ 9.3 g/t”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

TG2606Tonopah · goldGrade: 26.3Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
TG2606
Project
Tonopah
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
VAU

Geometry

Grade
26.3
Grade Unit
g/t
Intercept
1.5 m

Classification

Program
mixed
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories Inc.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-13T00:00:00.000Z

Reasoning: Very high grade intercept, though narrow.

Positive factors

  • exceptional grade

Evidence · text

“containing 1.5 m @ 26.3 g/t”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

TG2608Tonopah · goldGrade: 0.48Grade Unit: g/tIntercept: 65.5 mView all details
Link to this fact

Identity

Hole ID
TG2608
Project
Tonopah
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
VAU

Geometry

Grade
0.48
Grade Unit
g/t
Intercept
65.5 m
From
25.9 m
To
137.2 m
Intercept Depth
25.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
TG2608:25.9-137.2
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories Inc.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-13T00:00:00.000Z

Reasoning: Wide intercept but low grade.

Positive factors

  • significant width

Negative factors

  • low grade

Evidence · text

“TG2608 : 65.5 m @ 0.48 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

TG2607Tonopah · goldGrade: 0.37Grade Unit: g/tIntercept: 16.8 mView all details
Link to this fact

Identity

Hole ID
TG2607
Project
Tonopah
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
VAU

Geometry

Grade
0.37
Grade Unit
g/t
Intercept
16.8 m
From
56.4 m
To
115.8 m
Intercept Depth
56.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
TG2607:56.4-115.8
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories Inc.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-13T00:00:00.000Z

Reasoning: Marginal grade intercept.

Negative factors

  • low grade

Evidence · text

“TG2607: 16.8 m @ 0.37 g/t”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

TG2605Tonopah · goldGrade: 0.36Grade Unit: g/tIntercept: 19.8 mView all details
Link to this fact

Identity

Hole ID
TG2605
Project
Tonopah
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
VAU

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
19.8 m
From
62.5 m
To
123.4 m
Intercept Depth
62.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
TG2605:62.5-123.4
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories Inc.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-13T00:00:00.000Z

Reasoning: Marginal grade intercept.

Negative factors

  • low grade

Evidence · text

“TG2605 : 19.8 m @ 0.36 g/t”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.