Viva Gold Corp


Primary ticker: TSXV:VAU, OTCQB:VAUCF
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Tonopah Gold Project
Project location: USA

Viva Gold has 100% ownership in the Tonopah Gold Project, on the Walker Lane Trend in Nevada. A positive PEA outlines an open pit, heap leach operation with M&I gold resources of 394,000 oz @ 0.78 g/t & 206,000 oz Inferred resource @ 0.87 g/t. Open extensions to mineralization and have been identified and a track record of steadily increasing the resource over last 4 years. Viva is advancing Tonopah toward feasibility and permitting with a commitment to ESG and de-risking the project.

Viva has a strong management team & board who can claim both gold exploration and production experience.

Cash: CAD$2.9M
Debt: NIL


Major shareholders:
Dundee Resources – 20%
RAB Capital – 18.3%
Pointillist Partners – 10.4%
Myrmikan Gold Fund – 8.6%
Management ownership – 3%

Management Profile

James Hesketh- CEO & Director
Mr. Hesketh has over 35 years of experience in mining company positions, including over 12 years in public company CEO roles, and positions in mining finance, business development, and mine engineering, development, and operations with companies including Atna Resources Ltd, Canyon Resources Corporation, NM Rothschild & Sons (Denver) Inc., Cyprus Amax Minerals Company, Pincock, Allen & Holt, Inc., and Dresser Industries Inc. He holds a B.S. in Mining Engineering and a M.S. in Mineral Economics, both from the Colorado School of Mines.

What is your rationale for taking part 121 Mining Investment?

All of the above.

What recent news would you like to highlight to investors attending?

17 Jan 2023 Final drill results and update on Tonopah gold project

What do you think makes your company such a compelling investment?

Excellent location, excellent results, working on de-risking project

What are the top 3 key investor takeaways? 

Excellent location, excellent results, working on de-risking project