Viva Gold Announces Results of Annual General and Special Meeting

Rhea-AI Summary

Viva Gold Corp. (OTCQB: VAUCF) announced the results of its Annual General and Special Meeting held on October 26, 2021. The company successfully elected its Board and passed all proposed motions, emphasizing its commitment to growth initiatives. Over the next year, Viva plans to increase drilling at the Tonopah gold project in Nevada and proceed with crucial technical studies for feasibility and permitting. The team aims to initiate resource estimates and environmental studies while exploring potential growth opportunities.

Positive

• Successfully elected Board and passed all motions.
• Plans to increase drilling efforts to expand gold resources at Tonopah.
• Focus on technical studies for project feasibility and development permitting.
• Initiating new resource estimates and environmental studies.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / October 27, 2021 / Viva Gold Corp. (TSXV:VAU)(OTCQB:VAUCF) (the "Company" or "Viva") is pleased to announce results of its Annual General and Special Meeting held on October 26^th, 2021.

Detailed results of the Meeting are set out below:

"I would like to thank our shareholders for their continued support by electing our Board for another year and in passing all motions. We strongly believe that we now have the right team in place to advance our value focused growth initiatives. Our plan over the next year is to increase our drilling efforts to further expand gold resources at our Tonopah gold project in Nevada while also focusing on completing the technical studies required to advance the project towards feasibility study and development permitting. We have a number of programs underway including starting a new resource estimate, metallurgical and baseline environmental study work, and we are still waiting on the completion of additional drill chip assays. The Company is also continuing to review accretive growth opportunities as they are presented," states James Hesketh, President and CEO.

About Viva Gold Corp:

Viva Gold is a gold exploration and project development company with a focus on Nevada. Viva holds 100% of the advanced Tonopah Gold Project, a large land position of approximately 10,200 acres with demonstrated high-grade measured, indicated and inferred gold resources, located on the prolific Walker Lane gold trend in Nevada, about 30 kilometers south-east of the Round Mountain mine of Kinross Gold and 20 kilometers north from the Town of Tonopah. Viva's management team has extensive experience in mineral exploration, mine development and production and are supported by a Board of Directors and advisors who are proven mine finders, deal makers and financiers. Viva trades on the TSX-V as "VAU", on the OTCQB in the US as "VAUCF" and on the Frankfurt exchange under "7PB". For additional information on Viva Gold and the Tonopah Gold Project, please visit our website: www.vivagoldcorp.com.

For further information please contact:

James Hesketh, President & CEO
(720) 291-1775
jhesketh@vivagoldcorp.com

Valerie Kimball, Director Investor Relations
(720) 933-1150
vkimball@vivagoldcorp.com

Renmark Financial Communications Inc.

Daniel Gordon: dgordon@renmarkfinancial.com
Tel: (416) 644-2020 or (212) 812-7680
www.renmarkfinancial.com

SOURCE: Viva Gold Corp.

View source version on accesswire.com:
https://www.accesswire.com/669951/Viva-Gold-Announces-Results-of-Annual-General-and-Special-Meeting

FAQ

What were the results of Viva Gold Corp's Annual General Meeting held on October 26, 2021?

Viva Gold Corp successfully elected its Board and passed all proposed motions during the Annual General Meeting.

What are Viva Gold's plans for the Tonopah gold project in the coming year?

Viva Gold plans to increase drilling, complete technical studies for feasibility, and advance development permitting for the Tonopah gold project.

What is the stock symbol for Viva Gold Corp?

Viva Gold Corp trades on the OTCQB under the stock symbol VAUCF.

Where is the Tonopah gold project located?

The Tonopah gold project is located in Nevada, approximately 30 kilometers south-east of the Round Mountain mine.