Viva Gold advances Nevada gold project toward PFS
Viva Gold Corp CEO Jim Hesketh joined Steve Darling from Proactive at the company’s OTC studio in New York City to talk about the company’s advancing Tonopah gold project in Nevada and the latest progress toward a pre-feasibility study. Hesketh outlined the company’s strategy to optimize the project while expanding confidence in its mineral resource base. Hesketh explained that Viva Gold recently completed a 19-hole infill drilling program focused on expanding shallow high-grade zones that are expected to support the early stages of mining. He noted that the work is designed to convert inferred resources into measured and indicated categories ahead of the company’s upcoming pre-feasibility study. The CEO highlighted the strategic location of the Tonopah project within a well-established mining district in Nevada. Hesketh said, “We’re right smack in the middle of hardcore mining country,” referencing nearby operations and developments from Kinross, Centerra Gold and Anglo American. The discussion also covered ongoing metallurgical, geotechnical and hydrologic work aimed at improving pit slope angles and strengthening project economics compared to the preliminary economic assessment completed last year. Viva Gold expects to complete the pre-feasibility study later this year before moving directly into the permitting process. Hesketh added that the permitting process is expected to take roughly a year, potentially positioning the company to evaluate construction decisions by the end of next year. #proactiveinvestors #tsxv #vau #otcqb #vaucf #mining #TonopahProject #NevadaMining #GoldExploration #PreFeasibilityStudy #GoldMining #InfillDrilling #HighGradeGold #MineralResources #MiningDevelopment #ResourceExpansion #ProjectEconomics #Permitting #JuniorMining #ExplorationUpdate
Viva Gold Corp CEO Jim Hesketh joined Steve Darling from Proactive at the company’s OTC studio in New York City to talk about the company’s advancing Tonopah gold project in Nevada and the latest progress toward a pre-feasibility study. Hesketh outlined the company’s strategy to optimize the project while expanding confidence in its mineral resource base. Hesketh explained that Viva Gold recently completed a 19-hole infill drilling program focused on expanding shallow high-grade zones that are expected to support the early stages of mining. He noted that the work is designed to convert inferred resources into measured and indicated categories ahead of the company’s upcoming pre-feasibility study.
The CEO highlighted the strategic location of the Tonopah project within a well-established mining district in Nevada. Hesketh said, “We’re right smack in the middle of hardcore mining country,” referencing nearby operations and developments from Kinross, Centerra Gold and Anglo American. The discussion also covered ongoing metallurgical, geotechnical and hydrologic work aimed at improving pit slope angles and strengthening project economics compared to the preliminary economic assessment completed last year. Viva Gold expects to complete the pre-feasibility study later this year before moving directly into the permitting process.
Hesketh added that the permitting process is expected to take roughly a year, potentially positioning the company to evaluate construction decisions by the end of next year. #proactiveinvestors #tsxv #vau #otcqb #vaucf #mining #TonopahProject #NevadaMining #GoldExploration #PreFeasibilityStudy #GoldMining #InfillDrilling #HighGradeGold #MineralResources #MiningDevelopment #ResourceExpansion #ProjectEconomics #Permitting #JuniorMining #ExplorationUpdate