A Nevada Gold
Exploration and
Development
Company
January 2022
SXV: VAU OTCQB:VAUCF Frankfurt: 7PB | VivaGoldCorp.com |
INVESTMENT
HIGHLIGHTS
Viva is focused on advancing the Tonopah Gold Project by completing feasibility study and construction permitting, while continuing to expand the existing resource base through infill and exploration drilling.
Tonopah Gold Project - Key Drivers
- 100% owned Tonopah Gold Project located on the mining friendly Walker Lane gold trend, Western Nevada
- Multiple open mineral trends identified in recent geologic modelling for potential further expansion as highlighted by the January 25th, 22% increase in Measured and Indicated resource
- Positive Preliminary Economic Assessment (PEA) based on $1,400 gold price
- Low capital cost, open-pit, leach design concept producing 40,000 to 50,000 oz/year gold production rate over a 6-9year mine life
- High-gradestarter pit with near surface gold resource drives rapid capital investment payback reducing capital risk
- Excellent infrastructure including paved road access, close proximity to water and 15-25Kv power line
2
VIVA GOLD
STRONG CAPITAL STRUCTURE
Capital Structure (as of January 25, 2022) | |
Shares Outstanding | 55.6 million |
Stock Options1 | 3.6 million |
Warrants Outstanding2 | 24.2 million |
Fully Diluted | 83.4 million |
Recent Share Price | CAD $0.13 |
Market Cap | ~$8.5 million |
(based on TSX-V recent price) | |
Ownership of Management & Board | 2.3 million (~4%) |
- 458k @ 0.24 ex. price, exp. Feb 2023, 925k, $0.29 avg. ex. price, expire July 2023, 650k $0.17 ex. price expire June 2024; 150K ex price $0.165 Aug 24, 2024
- 1.0 million @ $0.34 ex. price, expire Feb 2022; 6 mil @ $0.30 ex. price, expire June 2023; 16,400,800 ex. price $0.25, expire June 2024 ; 851,412 ex. Price $0.17, June 2024
Shareholder Breakdown
Institutional
Retail40%
56%
Management & Board
4%
Geographical
Shareholder Breakdown
Total | |
Foreign | |
Holders | |
25% | |
Total | Total |
Canadian | |
United | |
Holders | |
States | |
59% | |
Holders | |
16% |
3
EXPERIENCED
MANAGEMENT TEAM AND BOARD
Christopher | James | Steven | Andy | David | Ted | |
Herald | Hesketh | Krause | Bolland | Whittle | Mahoney | |
Chairman, | President, CEO | CFO | Director | Director | Director | |
Director | and Director | |||||
President, CEO and | Former CEO Atna | President | Former Hatch Ltd, | Former CEO | Consulting | |
Director Solitario | Resources Ltd.; | Avisar Chartered | US Director of | Mountain Province | Geologist | |
Zinc Corp | Canyon Resources | Accountants | Mining and Mineral | Diamonds | Former Chief | |
Corp | Processing | Glenmore Highlands | ||||
Former Chairman | Former CFO | Geologist, Kinross | ||||
Inc | ||||||
Denver Gold Group | Bear Creek | Round Mountain | ||||
Former positions with: | Former Barrick | Former CFO, | ||||
Former positions | Mining | Mine, Chief | ||||
NM Rothschild & Sons, | Gold; Director | Alexco Resources | ||||
Geologist & | ||||||
with: | Cyprus Amax Minerals, | B.B.A. | Operations for | Corp | ||
Business | ||||||
Crown Resources, | Pincock, Allen & Holt | Trinity Western | Barrick Gold of | Hillsborough | ||
Development | ||||||
Echo Bay Mines | University | |||||
Inc. and Dresser | North America; | Resources Limited | ||||
Manager, Barrick | ||||||
Anaconda Minerals | Industries | Registered CPA | Director of | Lytton Minerals | ||
North America | ||||||
M.S. in Geology | ||||||
State of Illinois | Technical Services; | Limited | Registered | |||
Colorado School of | B.S. in Mining | Manager of | ||||
Mines | Engineering | Processing and | Bachelor Finance, | Professional | ||
Geoscientist, British | ||||||
B.S. in Geology | M.S. in Mineral | Open Pit Mining at | UBC | |||
Economics, | Barrick Goldstrike | Chartered | Columbia | |||
University of Notre | Colorado School of | Professional | Registered Member | |||
Dame | ||||||
Mines | B.S. Chemical | Accountant | SME | |||
Engineering, | ||||||
Strathclyde | ||||||
University |
4
TONOPAH PROJECT OVERVIEW
- Acquired 100% of Tonopah gold project in 2017
- 513 Unpatented Mineral Claims (~10,250 acres) - 128 claims subject to 2% NSR royalty (with option to acquire 1.0% for US$1.0 MM)
- Former explorers: Coeur Mining, Rio Algom, Kennecott, Newmont, and Midway Gold
- Extensive database of geophysical, geologic, technical, and environmental studies
- Open pit, heap leach gold recovery development concept
Nevada rated #1 in the world by Fraser Institute mining survey for mining investment in 2021
N E V A D A
Elko
RENOSolidus Northumberland
Kinross
Round Mountain
Tonopah Project
TONOPAH
WVM - Hasbrouck Deposit
Waterton
Gemeld Deposit
Corvus Gold Inc
North BullfrogCouer Mining
Sterling
LAS VEGAS
0 | 25 | 50 | 100 | 150 | 200 | |
Kilometers | ||||||
0 | 25 | 50 | 100 | 150 | 200 |
Miles
- 35 Kilometers from town of Tonopah
- 50 Kilometers from Round Mountain
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Viva Gold Corp. published this content on 25 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 January 2022 18:56:04 UTC.