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Viva celebrates Tonopah PEA

Viva Gold (TSXV: VAU) plans to advance its Tonopah project in Nevada towards feasibility and permitting after releasing a positive preliminary economic assessment.

Viva celebrates Tonopah PEA Viva celebrates Tonopah PEA Viva celebrates Tonopah PEA Viva celebrates Tonopah PEA Viva celebrates Tonopah PEA

Viva Gold plans to advance its Tonopah project in Nevada

The PEA put initial capex at US$58 million for a six-year mine producing a total 226,000 ounces, with a base case after-tax NPV5 of $36.3 million and IRR of 22%, using a $1,400/oz gold price.

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