CEO.CA's Inside the Boardroom: Viva Gold CEO: Tonopah PEA Shows Strong Gold Price Leverage Amid Market Volatility

Core Insights - The article discusses the recent preliminary economic assessment (PEA) of the Tonopah Gold Project by Viva Gold Corp, highlighting its strong financial metrics and market positioning amid volatility [4]. Financial Metrics - The PEA indicates a Net Present Value (NPV) of $112 million, an Internal Rate of Return (IRR) of 17.6%, and a payback period of 3.6 years at a gold price of $2,400 per ounce [4]. Processing Strategy - Viva Gold plans to utilize both traditional milling and heap leach processing methods to optimize gold recovery from varying grades of materials [4]. Market Positioning - The stock of Viva Gold is currently trading at a significant discount compared to similar projects, suggesting potential value for investors who can overlook short-term market fluctuations [4].