Viva Gold posts investor presentation on Tonopah Gold Project in Nevada
GDX•Midway Hills discovery
The presentation also highlighted a 2026 Midway Hills discovery outside the resource, including 35.1 m at 1.62 g/t Au and 16.7 g/t Ag.
Returns at different gold prices
Viva Gold said the project showed an after-tax IRR of 17.6% at US$2,400/oz gold and 43.4% at US$3,200/oz. The company also cited an after-tax payback of 3.6 years at US$2,400/oz.
Resource estimate and 2025 PEA figures
The company said the project has a Measured and Indicated resource of 504,000 oz gold at 0.59 g/t, with total contained gold of 587,000 oz including 83,000 oz inferred.
Its 2025 PEA mine concept calls for a 7-year life and about 404,000 oz payable gold. The study outlined initial capital of US$219.9 million and AISC of US$1,269/oz.
Tonopah Gold Project plans and timeline
Viva Gold outlined plans to advance its in Nevada, targeting a .
