Viva Gold Makes Major New High-Grade Gold Discovery at Midway Hills 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
- Silver
- Document categories
- Drill results, Other
- Extracted
- 2026-09-19 02:51:43 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Viva Gold has announced a significant new gold discovery at the Midway Hills area of the Tonopah Gold Project in Nevada. Drillhole TG2616 intercepted 38.1 metres of 0.89 g/t gold and 6.78 g/t silver, including a higher-grade 6.1 metre interval of 3.56 g/t gold.
Reasoning: The announcement reports a significant new discovery (TG2616) at a new depth and within a new geological unit (OPA) compared to historical drilling, representing high novelty and potential for resource expansion.
Positive factors
- New high-grade gold discovery in a previously discounted area
- Intercept sits in a new target type (Palmetto Argillite)
- Open at depth and along strike
- Existing Exploration Plan of Operations allows for accelerated follow-up
Facts used in scoring: 4
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The intercept was found below prior drilling in a new target type (OPA) approximately 1,400m from the main resource.
Evidence · text
“new gold zone discovered at Midway Hills... below prior drilling”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions use of blanks, standards, independent labs, and a strict chain of custody.
Evidence · text
“utilizes a well-documented system of inserting blanks and standards into the assay stream and has a strict chain of custody”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The discovery is located near the main Tonopah resource and Kinross Gold's Round Mountain Mine.
Evidence · text
“~1,400 m northwest of the main Tonopah resource”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
TG2616Tonopah · goldGrade: 0.89Grade Unit: g/tIntercept: 38.1 mView all detailsHide details
Identity
- Hole ID
- TG2616
- Project
- Tonopah
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VAU
Geometry
- Grade
- 0.89
- Grade Unit
- g/t
- Intercept
- 38.1 m
- From
- 179.8 m
- To
- 217.9 m
- Intercept Depth
- 179.8 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- TG2616:179.8-217.9
- Mining Method
- open_pit
Location
- Location
- Midway Hills
- Dip
- -90 °
- Loc. Confidence
- medium
- Loc. Source
- document
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
- 2026-07-02T00:00:00.000Z
Reasoning: Strong intercept in a new target area (OPA) below previous drilling.
Positive factors
- Significant width and grade in a new geological unit
Evidence · text
“TG2616 returned 38.1 m of 0.89 g/t gold and 6.78 g/t silver”
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
TG2616Tonopah · silverGrade: 6.78Grade Unit: g/tIntercept: 38.1 mView all detailsHide details
Identity
- Hole ID
- TG2616
- Project
- Tonopah
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VAU
Geometry
- Grade
- 6.78
- Grade Unit
- g/t
- Intercept
- 38.1 m
- From
- 179.8 m
- To
- 217.9 m
- Intercept Depth
- 179.8 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- TG2616:179.8-217.9
- Mining Method
- open_pit
Location
- Location
- Midway Hills
- Dip
- -90 °
- Loc. Confidence
- medium
- Loc. Source
- document
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
- 2026-07-02T00:00:00.000Z
Reasoning: Secondary metal in a significant gold intercept.
Evidence · text
“6.78 g/t silver”
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
TG2616Tonopah · goldGrade: 3.56Grade Unit: g/tIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- TG2616
- Project
- Tonopah
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VAU
Geometry
- Grade
- 3.56
- Grade Unit
- g/t
- Intercept
- 6.1 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- TG2616:sub-interval
- Mining Method
- open_pit
Location
- Location
- Midway Hills
- Dip
- -90 °
- Loc. Confidence
- medium
- Loc. Source
- document
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
- 2026-07-02T00:00:00.000Z
Reasoning: Stronger grade within the main intercept.
Positive factors
- High-grade sub-interval
Evidence · text
“6.1 meters averaging 3.56 g/t Au”
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
TG2616Tonopah · silverGrade: 22.45Grade Unit: g/tIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- TG2616
- Project
- Tonopah
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VAU
Geometry
- Grade
- 22.45
- Grade Unit
- g/t
- Intercept
- 6.1 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- TG2616:sub-interval
- Mining Method
- open_pit
Location
- Location
- Midway Hills
- Dip
- -90 °
- Loc. Confidence
- medium
- Loc. Source
- document
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
- 2026-07-02T00:00:00.000Z
Reasoning: Secondary metal in a high-grade sub-interval.
Evidence · text
“22.45 g/t Ag”
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
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.