For thousands of other reports visit RSC's Mineral Intellingence Map

Viva Gold Corp.

opaxe

Summary

Project:

Tonopah

Deposit:Tonopah
Location:United States
Commodities:Gold
Date:2/20/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:20-2-2019: Viva Gold Corp. announces an Exploration/Drilling Update report for its Tonopah deposit at the Tonopah project. Drilling results incl. 100.6m @ 1.33g/t Au from 10.7m. VANCOUVER, BC – February 11, 2019 – Viva Gold Corp. (TSX-Venture: VAU; OTCBB:
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Tonopah (Gustavson Associates)
ABSTRACT:VANCOUVER, BC – February 11, 2019 – Viva Gold Corp. (TSX-Venture: VAU; OTCBB: VAUCF) (the “Company” or “Viva”) is pleased to announce assay results for an additional three drillholes in its 2018-2019 winter reverse circulation (“RC”) drill program at its Tonopah Gold Project located near Tonopah, Nevada. Drill Result Highlights TG 1902: 100.6 meters from 10.7 meters to 111.3 meters depth at 1.33 grams per tonne (“g/t”) including 6.1 meters from 41.1 to 47.2 meters at 3.29 g/t, 3 meters from 61 to 64 meters at 4.82 g/t, and 7.6 meters from 83.8 to 91.4 meters depth at 4.13 g/t. TG 1902 was drilled to infill a gap in the north Discovery zone. TG 1901: 15.2 meters from 38.1 to 53.3 meters depth at 0.39 g/t. TG1901 was drilled to fill a gap east of the 63-77 structural zone. This infill hole was terminated at 65.5 meters depth, short of its planned depth of 120 meters, due to poor drilling conditions. As a result, its planned target was not intercepted. TG 1820: 6.1 meters from 31.1 to 41.1 meters depth at 0.35 g/t. TG 1820 was also drilled to fill a gap east of the 63-77 structural zone. Viva has now completed 11 drill-holes in its current RC drill program. Samples for the remaining three holes have been submitted for assaying, and TG1903 is delayed for additional metallic screen assay. “Mineralization in TG 1902 commenced at 10 meters below surface and produced an impressive column of over 100 meters of mineralization. This drill-hole infills an area of the north Discovery structural zone that was previously carried in the resource model as low-grade inferred material. We anticipate that this result will add confidence and upgrade the near surface “starter pit” area of the project. TG 1901, TG 1820 and the previously announced TG 1819 were all drilled in a large gap of low-grade inferred mineralization and uncharacterized material between two pods of indicated resource east of the Dauntless zone. We believe that these results will help to infill and connect those two existing pods”, states James Hesketh, President & CEO.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report