Viva Gold Continues to Expand Gold Mineralization at the Tonopah Gold Project in Nevada

Original announcement by tmx on

Company
Viva Gold Corp
Ticker
VAU
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-08-20 21:38:23 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Viva Gold has reported additional RC drill results from its Tonopah Gold Project in Nevada, extending known gold mineralization and defining new zones. The results from the 2026 program are being incorporated into an updated resource model to support an upcoming pre-feasibility study.

Reasoning: The results confirm the expansion of mineralization and define new blocks, which is feeding into an upcoming PFS. While grades are moderate, the continuity and expansion are positive for the resource model.

Positive factors

  • extension of mineralization
  • new mineralized areas defined
  • infill drilling supporting resource upgrade
  • QA/QC disclosed

Negative factors

  • grades are relatively low/marginal

Facts used in scoring: 3

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: The release mentions blanks, standards, and an independent laboratory (American Assay Laboratories Inc.).

Evidence · text

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

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling is extending known mineralization and defining new mineralized areas outside the PEA pit shell.

Evidence · text

“today’s results continue to extend known gold mineralization and define new mineralized areas across the deposit”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Drill Results (3)

TG2615Tonopah Gold Project · goldGrade: 0.35Grade Unit: g/tIntercept: 56.4 mView all details
Link to this fact

Identity

Hole ID
TG2615
Project
Tonopah Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
VAU

Geometry

Grade
0.35
Grade Unit
g/t
Intercept
56.4 m
From
32 m
To
88.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
TG2615:32.0-88.4
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-23T00:00:00.000Z

Reasoning: A wide intercept of 56.4m, though the grade of 0.35 g/t Au is relatively low.

Positive factors

  • significant width

Negative factors

  • low grade

Evidence · text

“TG2615 : 56.4 m @ 0.35 g/t Au in two zones starting at 32 meters depth”
TG2614Tonopah Gold Project · goldGrade: 1.01Grade Unit: g/tIntercept: 19.8 mView all details
Link to this fact

Identity

Hole ID
TG2614
Project
Tonopah Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
VAU

Geometry

Grade
1.01
Grade Unit
g/t
Intercept
19.8 m
From
51.8 m
To
71.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
TG2614:51.8-71.6
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-23T00:00:00.000Z

Reasoning: A decent intercept of 1.01 g/t Au over nearly 20m.

Positive factors

  • solid grade for the area

Evidence · text

“TG2614 : 19.8 m @ 1.01 g/t Au in four zones starting at 51.8 meters depth”
TG2612Tonopah Gold Project · goldGrade: 0.34Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
TG2612
Project
Tonopah Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
VAU

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
7.6 m
From
56.4 m
To
64 m

Classification

Program
mixed
Sample Type
drill
Group ID
TG2612:56.4-64.0
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-23T00:00:00.000Z

Reasoning: A relatively narrow and low-grade intercept.

Negative factors

  • low grade
  • narrow width

Evidence · text

“TG2612: 7.6 m @ 0.34 g/t Au in two zones starting at 56.4 meters depth”

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.