Viva Gold Corp
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in mil. unless spec.Company Description
- CEO
- James K. B. Hesketh
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 8047 199 Street Langley BC Canada V2Y 0E2
- IPO Date
- Feb 1, 2010
- Website
- vivagoldcorp.com
- Similar Companies
- Business
- Viva Gold Corp. is a Canada-based gold exploration and development company focused on advancing its 100%-owned Tonopah Gold Project, a near-surface low-sulfidation epithermal gold-silver deposit located in the prolific Walker Lane Trend of western Nevada; the project comprises 508 unpatented mineral claims spanning approximately 10,500 acres, with 184 claims subject to a 2% net smelter return royalty (option to buy down 1% for US$1 million). Core activities encompass mineral acquisition, exploration drilling, resource delineation, metallurgical testing, and economic assessment for open-pit heap leach and milling operations targeting high-grade starter pits; the project hosts pit-constrained indicated resources of 16.2 million tonnes at 0.756 g/t gold for 394,000 ounces and inferred resources of 7.4 million tonnes at 0.872 g/t gold for 206,000 ounces (0.15-0.20 g/t cutoff), with potential production of 404,000 ounces payable gold and 354,000 ounces silver over an eight-year life via hybrid processing (93% mill recovery for high-grade, 75% heap leach for low-grade). The company conducts baseline environmental studies, including wildlife, water, and geochemistry assessments accepted by the U.S. Bureau of Land Management, and leverages nearby infrastructure such as power, water pipelines, and proximity to Round Mountain mine; founded in 2009 (formerly Aintree Resources Inc., renamed January 2018) and headquartered in Langley, British Columbia, Viva targets junior gold investors through de-risking for mine development or sale in Nevada's mining-friendly jurisdiction. Recent developments include a successful spring 2024 10-hole, 1,515-meter reverse circulation drill program yielding high-grade intercepts such as 21.3 meters at 5.1 g/t gold and 89.9 meters at 2.0 g/t gold to expand shallow starter pits and upgrade resources; a fall 2024 2,000-2,500 meter drill program underway to support an updated mineral resource estimate and preliminary economic assessment incorporating optimized metallurgy (up to 94% CIL recovery for high-grade ore); non-brokered private placements raising C$1.4 million in December 2023 (11.7 million units at C$0.12), C$0.67 million in July 2024 (4.45 million units at C$0.15), and C$1.19 million in August 2024 (7.95 million units at C$0.15), bolstering cash to C$1.21 million as of July 31, 2024; appointment of mining veteran Adrian Goldstone to the board in December 2023; and plans to initiate permitting by year-end 2025 ahead of feasibility work.
Company News
Viva Gold Advances Tonopah Gold Project Toward Mine Permitting and Mobilizes Core Rig to Midway Hills Discovery, Nevada
Viva Gold to Host Interactive Webinar with Perennial Mine Builder, President & CEO Jim Hesketh
Viva Gold Accelerates Permitting Program at Tonopah Gold Project in Nevada
Viva Gold to Present at the Precious Metals & Critical Minerals Virtual Investor Conference on July 22nd
Viva Gold Completes Highly Successful 2026 RC Drill Program at Tonopah Gold Project in Nevada, Expanding Gold Mineralization and Delivering a New Discovery
Viva Gold Makes Major New High-Grade Gold Discovery at Midway Hills at the Tonopah Gold Project in Nevada
Viva Gold Continues to Expand Gold Mineralization at the Tonopah Gold Project in Nevada
Viva Gold Drills One of its Strongest Holes to Date at the Tonopah Gold Project in Nevada
CEO.CA's Inside the Boardroom: How Viva Gold is Slashing Costs and De-Risking the Tonopah Gold Project in Nevada
Viva Gold to Present at the Precious Metals & Critical Minerals Hybrid Investor Conference on May 21, 2026
Viva Gold Reports Additional Shallow, High-Grade Hits at the Tonopah Gold Project in Nevada
Viva Gold Announces Results of Annual General and Special Meeting
Viva Gold Intersects a New High-Grade Gold Zone at Shallow Depths at its Tonopah Gold Project in Nevada
Viva Gold Announces Stock Option Grant
Viva Gold Commences Drilling at its Tonopah Gold Project in Nevada
Viva Gold Commences Technical Study at its Tonopah Gold Project in Nevada
Viva Gold Increases Land Position at its Tonopah Gold Project in Nevada
Viva Gold Initiates Work Programs and Resource Expansion Initiatives
RAB Capital Discloses Additional Investment In Viva Gold Corp.
Viva Gold Closes Oversubscribed Private Placement