Viva Gold Secures $1.2M to Advance Tonopah Project

Viva Gold (TSE:VAU) has released an update.

Viva Gold Corp. has successfully completed a $1.2 million private placement offering to fund its drilling program and update resource models at the Tonopah Gold Project in Nevada. Shareholders now have the potential for increased value through the exercise of new warrants. The company aims to enhance gold resource confidence and advance the project’s preliminary economic assessment with the fresh capital.

For further insights into TSE:VAU stock, check out TipRanks’ Stock Analysis page.