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Viva Gold Corp.
Summary
| Project: | Tonopah | |
|---|---|---|
| Deposit: | Tonopah | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 3/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-3-2018: Viva Gold Corp. announces a Resource Estimation report for its Tonopah deposit at the Tonopah project. Initial NI43-101 compliant mineral resource estimate at Tonopah. The Tonopah property encompasses 4,054 acres in the Ralston Valley, on the no | |
| Resources: | (Resource): 1.5Mt @ 1.15g/t Au (Meas.), 5.2Mt @ 0.78g/t AU (Ind.) & 9.6Mt @ 0.77g/t Au (Inf.) | |
| CP/QP: | [Resources]: Thomas C. Matthews (Gustavson Associates LLC) | |
| ABSTRACT: | The Tonopah property encompasses 4,054 acres in the Ralston Valley, on the northeast side of the San Antonio Mountains in central Nevada, located approximately 20 miles northeast of the town of Tonopah in Nye County (Figure 4-1). The Project consists of 444 unpatented lode claims covering an area of 4,054 acres. All unpatented claims are 100% controlled by Viva Gold Corporation (Viva); copies of the individual claim notices and location maps are on file with the central BLM office in Reno, Nevada, and with the Nye County Recorder’s office in Tonopah, Nevada. The list of claims is included as Appendix C – List of Claims. A total of 637 drill holes totaling 284,469 feet have been completed in the greater Tonopah Project area by a number of companies beginning in the 1970’s. The majority of the work focused specifically on the concealed gold system at the Tonopah Project was conducted beginning in the late 1980’s and has continued through Viva’s recent drilling program. Viva has initiated a new drilling program on the Tonopah project during January 2018. This program was not complete as of the effective date and has not been incorporated into this report. Viva inherited a database of historical drillhole data which is useful for geological modelling and resource estimation. | |
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