Viva Gold Continues to Expand Gold Mineralization at the Tonopah Gold Project in Nevada

Original announcement by tmx on

Company
Viva Gold Corp
Ticker
VAU
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-09-19 02:54:17 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Viva Gold has reported additional RC drill results from its Tonopah Gold Project in Nevada, which extend known mineralization and define new blocks on the south side of the deposit. These results are being incorporated into an updated resource model to support the company's upcoming pre-feasibility study (PFS) due in Q4 2026.

Reasoning: The release reports successful RC drilling that extends mineralization and defines new zones, which is being used to update the resource model for an upcoming PFS. While grades are modest, the continuity and expansion of the footprint are positive indicators for the project's scale.

Positive factors

  • Extension of known mineralization
  • Definition of new mineralized blocks
  • Drilling feeding into upcoming PFS
  • QA/QC protocols disclosed

Negative factors

  • Grades are relatively low/marginal

Facts used in scoring: 3

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling extends known gold mineralization and defines new mineralized areas across the deposit.

Evidence · text

“today’s results continue to extend known gold mineralization and define new mineralized areas across the deposit”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes details on blanks, standards, chain of custody, and independent laboratory use.

Evidence · text

“Viva Gold utilizes a well-documented system of inserting blanks and standards into the assay stream and has a strict chain of custody”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Program was designed to infill and upgrade areas of inferred gold mineral resource.

Evidence · text

“This drill program was designed to infill and upgrade areas of inferred gold mineral resource”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Project is located near Kinross Gold’s Round Mountain Mine.

Evidence · text

“approximately a 30-minute drive south of Kinross Gold’s Round Mountain Mine”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Drill Results (3)

TG2615Tonopah · goldGrade: 0.35Grade Unit: g/tIntercept: 56.4 mView all details
Link to this fact

Identity

Hole ID
TG2615
Project
Tonopah
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
VAU

Geometry

Grade
0.35
Grade Unit
g/t
Intercept
56.4 m
From
32 m
To
88.4 m
Intercept Depth
32 m

Classification

Program
mixed
Sample Type
drill
Group ID
TG2615:32-88.4
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories Inc.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-23T00:00:00.000Z

Reasoning: A wide intercept of 56.4m, though the grade of 0.35 g/t Au is relatively low.

Positive factors

  • Significant width

Negative factors

  • Low grade

Evidence · text

“TG2615 : 56.4 m @ 0.35 g/t Au in two zones starting at 32 meters depth”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

TG2614Tonopah · goldGrade: 1.01Grade Unit: g/tIntercept: 19.8 mView all details
Link to this fact

Identity

Hole ID
TG2614
Project
Tonopah
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
VAU

Geometry

Grade
1.01
Grade Unit
g/t
Intercept
19.8 m
From
51.8 m
To
71.6 m
Intercept Depth
51.8 m

Classification

Program
mixed
Sample Type
drill
Group ID
TG2614:51.8-71.6
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories Inc.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-23T00:00:00.000Z

Reasoning: A decent grade of 1.01 g/t Au over nearly 20m.

Positive factors

  • Solid grade for the deposit type

Evidence · text

“TG2614 : 19.8 m @ 1.01 g/t Au in four zones starting at 51.8 meters depth”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

TG2612Tonopah · goldGrade: 0.34Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
TG2612
Project
Tonopah
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
VAU

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
7.6 m
From
56.4 m
To
64 m
Intercept Depth
56.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
TG2612:56.4-64
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories Inc.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-23T00:00:00.000Z

Reasoning: Low grade and relatively narrow intercept.

Negative factors

  • Low grade and narrow width

Evidence · text

“TG2612: 7.6 m @ 0.34 g/t Au in two zones starting at 56.4 meters depth”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.