| Announcement Date: | 2022-11-28 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Viva Gold Corp. |
| Project name: | Tonopah |
| Location: | United States |
| Commodities: | Gold,Silver |
| Highlight: | Drilling results incl. 58m at 5.00g/t Au, 13.10g/t Ag, from 40m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | VANCOUVER, BC – November 28, 2022 – Viva Gold Corp. (TSX-Venture: VAU; OTCQB: VAUCF) (the “Company” or “Viva”) is pleased to provide initial assay results from a Reverse Circulation (“RC”) drill program at its Tonopah gold project (“Tonopah”) located on the prolific Walker Lane mineral trend in western Nevada. A total of 16 drillholes have been completed in the program and submitted for assay. This release details results from the first six holes. • Drillhole TG2211 intercepted 58.0 meters (“m”) grading 5.0 grams per tonne gold (“g/t Au”) starting at a depth of 40 meters. Included in this wide high-grade intercept was an 11-m zone at 24.0 g/t Au from 50m depth, that also included a 3.0 m interval at 53.6 g/t Au and 87.9 g/t silver (“Ag”). TG2211 intercepted exceptional grades in a sparsely drilled zone previously carried as low grade inferred mineralization in the resource model. The hole targeted the southern extension of a north-south structural feature in the central area of the PEA1 resource pit. The hole extended mineralization to the south and is likely to add tonnes, increase grade, and convert a number of resource blocks from inferred to indicated category. |
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