(TheNewswire)
Vancouver, BC - TheNewswire - November 29, 2023 - Viva Gold Corp.( TSX-V:VAU ) ( OTC:VAUCF ) (the “ Company ” or “ Viva ”) has changedits auditor from Dale Matheson Carr-HiltonLaBonte LLP (“Former Auditor”) to SaturnaGroup, Chartered Professional Accountants LLP (“SuccessorAuditor”) effective November 29, 2023.
Viva’s board of directors accepted the resignation ofthe Former Auditor and appointed the Successor Auditor as the newauditor of the Company effective November 28, 2023, and to hold officeuntil the close of the Company's next annual general meeting ofshareholders.
There were no reservations in the Former Auditor'saudit reports for any financial period during which the Former Auditorwas the Company's auditor. There are no "reportable events"(as the term is defined in National Instrument 51-102 - ContinuousDisclosure Obligations) between the Company and the Former Auditor.
In accordance with National Instrument 51-102, theNotice of Change of Auditor, together with the required letters fromthe Former Auditor and the Successor Auditor, have been reviewed bythe Company's audit committee and board of directors and will be filedon SEDAR accordingly.
About Viva Gold Corp:
Viva Gold Corp’s (TSX-V: VAU; OTCQB: VAUCF; Frankfurt:7PB) principal asset is its 100% ownership in the Tonopah GoldProject (Tonopah), a large land position on the world class WalkerLane Mineral Trend in western Nevada, located about 30 minutes’drive southeast of the Kinross Round Mountain gold mine. The projectis well advanced with a positive Preliminary Economic Assessment(PEA 1 ) describing a potential open pit, heap leach gold recoveryoperation and a pit confined measured and indicated gold mineralresources containing 394,000 ounces at 0.78 grams/tonne and 206,000ounces of Inferred resource at 0.87 grams/tonne. Viva has announcedthat it has commenced a second PEA study to include results fromapproximately 40 additional drillholes completed in 2022 and 2023, theresults of additional metallurgical gold recovery studies, andsubstantial information gained from its ESG focus of completing andadvancing environmental and technical baseline study for the project.
Viva has 106.7 million shares outstanding and a strongmanagement team and board who can claim both gold exploration andproduction experience. For additional information on Viva Gold and theTonopah Gold Project, please visit our website: www.vivagoldcorp.com .
For further information please contact:
James Hesketh, President &CEO
(720) 291-1775
Graham Farrell, Harbor Access
(416) 842-9003
graham.farrell@harbor-access.com
Forward-Looking Information:
This news release contains certaininformation that may constitute forward-looking information orforward-looking statements under applicable Canadian securitieslegislation (collectively, “forward-looking information”),including but not limited to drilling operations and estimates of goldmineral resource at the Tonopah Gold Project. This forward-lookinginformation entails various risks and uncertainties that are based oncurrent expectations, and actual results may differ materially fromthose contained in such information. These uncertainties and risksinclude, but are not limited to, the strength of the global economy, inflationarypressures, pandemics, and issues and delays related to permittingactivities; the price of gold; operational, funding and liquidityrisks; the potential for achieving targeted drill results, the degreeto which mineral resource estimates are reflective of actual mineralresources; the degree to which factors which would make a mineraldeposit commercially viable are present; the risks and hazardsassociated with drilling and mining operations; and the ability ofViva to fund its capital requirements. Risks and uncertainties aboutthe Company’s business are more fully discussed in the Company’sdisclosure materials filed with the securities regulatory authoritiesin Canada available at www.sedar.com . Readersare urged to read these materials. Viva assumes no obligation toupdate any forward-looking information or to update the reasons whyactual results could differ from such information unless required bylaw.
Cautionary Note toInvestors --- Investors are cautioned not to assume thatany "measured mineral resources", "indicated mineralresources", or "inferred mineral resources" that theCompany reports in this news release are or will be economically orlegally mineable. United States investors are cautioned that while theSEC now recognizes "measured mineral resources","indicated mineral resources" and "inferred mineralresources", investors should not assume that any part or all ofthe mineral deposits in these categories will ever be converted into ahigher category of mineral resources or into mineral reserves. Theseterms have a great amount of uncertainty as to their economic andlegal feasibility. Under Canadian regulations, estimates of inferredmineral resources may not form the basis of feasibility orpre-feasibility studies, except in limited circumstances. Further,"inferred mineral resources" have a great amount ofuncertainty as to their existence and as to their economic and legalfeasibility. It cannot be assumed that any part or all of an inferredmineral resource will ever be upgraded to a higher category. Themineral reserve and mineral resource data set out in this news releaseare estimates, and no assurance can be given that the anticipatedtonnages and grades will be achieved or that the indicated level ofrecovery will be realized.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
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