VIVA GOLD CORP ORD - VAUCF STOCK NEWS

Viva Gold Corp. (TSXV:VAU; OTCQB:VAUCF) announced initial assay results from its Reverse Circulation drill program at the Tonopah Gold Project in Nevada. The first six drillholes showed promising results, notably drillhole TG2211 with 58.0 meters of 5.0 g/t gold, including an 11-meter segment at 24.0 g/t gold. The results suggest potential upgrades of resources from inferred to indicated statuses, with plans to extend mineralization along the resource pit. The company is optimistic about its continued drilling success and its positive impact on project economics.

Viva Gold Corp (TSXV:VAU; OTCQB:VAUCF) announced that shareholders approved all proposals during its Annual General Meeting on October 25, 2022. The board of directors remains intact with five members, including Christopher Herald and James Hesketh. Shareholders also endorsed the amended New Option Plan, aligning with TSX Venture Exchange Policy 4.4. This plan allows for a maximum of 10% of outstanding common shares, currently totaling up to 9,160,789 shares. The company's Tonopah Gold Project shows promising results, supported by positive metallurgical findings and upcoming drill results.

Viva Gold Corp. (TSXV:VAU; OTCQB:VAUCF) has completed a metallurgical optimization program for its Tonopah Gold Project in Nevada. The program achieved a gold leach recovery of over 91% for high-grade samples, surpassing the 71% recovery estimate from the 2022 PEA Technical Report. The pulp agglomeration process is expected to improve project economics by enhancing gold recovery while eliminating tailings disposal. The company plans further tests to optimize results. Additionally, Viva appointed Shayla Forster as Corporate Secretary and engaged GROW Resources for investor relations.

Viva Gold Corp has initiated a reverse circulation drill program at its Tonopah Gold Project in Nevada, planning up to 3,000 meters of drilling. The program aims to expand gold mineralization, enhance the principal mineral zone, and upgrade inferred resources. It is expected to conclude by year-end. An updated resource estimate and a Preliminary Economic Assessment will follow the drilling results. The project holds a significant gold resource of 394,000 ounces measured and indicated and 206,000 ounces inferred. The company is committed to ESG efforts and community engagement.

Viva Gold Corp (OTCQB:VAUCF) has engaged Harbor Access for investor relations services, initiating a 12-month agreement with a monthly fee of USD$7,000. Harbor Access aims to support Viva's capital markets strategy, leveraging its strong balance sheet and institutional shareholder base. Viva's principal asset is the Tonopah Gold Project in Nevada, featuring significant mineral resources of 394,000 ounces of gold at 0.78 grams/tonne. The company is focused on advancing this project towards feasibility and permitting while committing to environmental and community standards.

Viva Gold Corp. (TSXV:VAU; OTCQB:VAUCF) announced the successful completion of a 6-hole, 1,307 meter drilling program at the Tonopah Gold Project in Nevada. The program significantly expanded the mineralized zone width, revealing potential to convert waste areas into gold reserves. Notable findings include intercepts of 17 meters averaging 0.8 g/t gold and 1.5 meters at 19.9 g/t gold. These results are crucial for future mine design and a forthcoming feasibility study. Viva's ongoing commitment to environmental and community engagement further supports its project development.

Viva Gold Corp (TSX-V:VAU; OTCQB:VAUCF) will present at Renmark Financial Communications' Virtual Non-Deal Roadshow on May 11, 2022, at 4:00PM EDT. CEO James Hesketh will discuss the recently announced 2,000 meter core drilling program and the Tonopah Gold Project in Nevada, which contains a measured and indicated resource of 394,000 ounces of gold. Investors can register for the live event or access a replay on the company’s website. Viva aims to advance its project while adhering to strong ESG principles.

Viva Gold Corp (TSXV:VAU; OTCQB:VAUCF) has officially initiated its core drilling operations at the Tonopah Gold Project in western Nevada. This program aims to drill 1,500 to 2,000 meters across 8 to 10 holes, focusing on enhancing the measured and indicated gold resource of 394,000 ounces. The company plans to address undrilled areas within the resource pit shell and gather significant geological data to support feasibility studies. Additionally, a baseline biological survey has begun to document environmental conditions, crucial for permitting future activities.