Viva Gold Announces Change of Auditor
NR 23-14
Viva Gold Announces Change of Auditor
VANCOUVER, BC – November 2 9, 2023 – Viva Gold Corp. ( TSX-Venture: VAU; OTCQB: VAUCF ) (the
“Company” or “ Viva”) has changed its auditor from Dale Matheson Carr -Hilton LaBonte LLP (“Former
Auditor”) to Saturna Group, Chartered Professional Accountants LLP (“Successor Auditor”) effective
November 29, 2023.
Viva’s board of directors accepted the resignation of the Former Auditor and appointed the Successor
Auditor as the new auditor of the Company effective November 28, 2023, and to hold office until the close
of the Company's next annual general meeting of shareholders.
There were no reservations in the Former Auditor's audit reports for any financial period during which the
Former Auditor was the Company's auditor. There are no "reportable events" (as the term is defined in
National Instrument 51-102 - Continuous Disclosure Obligations) between the Company and the Former
Auditor.
In accordance with National Instrument 51-102, the Notice of Change of Auditor, together with the
required letters from the Former Auditor and the Successor Auditor, have been reviewed by the
Company's audit committee and board of directors and will be filed on 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 Gold Project (Tonopah), a large land position on the world class Walker Lane Mineral Trend in
western Nevada, located about 30 minutes’ drive southeast of the Kinross Round Mountain gold mine.
The project is well advanced with a positive Preliminary Economic Assessment (PEA 1) describing a
potential open pit, heap leach gold recovery operation and a pit confined measured and indicated gold
mineral resource s containing 394,000 ounces at 0.78 grams/tonne and 206,000 ounces of Inferred
resource at 0.87 grams/tonne. Viva has announced that it has commenced a second PEA study to include
results from approximately 40 additional drillholes completed in 2022 and 2023, the results of additional
metallurgical gold recovery studies, and substantial information gained from its ESG focus of completing
and advancing environmental and technical baseline study for the project.
Viva has 106.7 million shares outstanding and a strong management team and board who can claim both
gold exploration and production experience. For additional information on Viva Gold and the Tonopah
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
Forward-Looking Information:
This news release contains certain information that may constitute forward-looking information or
forward-looking statements under applicable Canadian securities legislation (collectively, “forward-
looking information”), including but not limited to drilling operations and estimates of gold mineral
resource at the Tonopah Gold Project. This forward-looking information entails various risks and
uncertainties that are based on current expectations, and actual results may differ materially from those
contained in such information. These uncertainties and risks include, but are not limited to, the strength
of the global economy, inflationary pressures, pandemics, and issues and delays related to permitting
activities; the price of gold; operational, funding and liquidity risks; the potential for achieving targeted
drill results, the degree to which mineral resource estimates are reflective of actual mineral resources; the
degree to which factors which would make a mineral deposit commercially viable are present; the risks
and hazards associated with drilling and mining operations; and the ability of Viva to fund its capital
requirements. Risks and uncertainties about the Company’s business are more fully discussed in the
Company’s disclosure materials filed with the securities regulatory authorities in Canada available at
www.sedar.com. Readers are urged to read these materials. Viva assumes no obligation to update any
forward-looking information or to update the reasons why actual results could differ from such
information unless required by law.
Cautionary Note to Investors --- Investors are cautioned not to assume that any "measured mineral
resources", "indicated mineral resources", or "inferred mineral resources" that the Company reports in this
news release are or will be economically or legally mineable. United States investors are cautioned that
while the SEC now recognizes "measured mineral resources", "indicated mineral resources" and "inferred
mineral resources", investors should not assume that any part or all of the mineral deposits in these
categories will ever be conve rted into a higher category of mineral resources or into mineral
reserves. These terms have a great amount of uncertainty as to their economic and legal feasibility. Under
Canadian regulations, estimates of inferred mineral resources may not form the basis of feasibility or pre-
feasibility studies, except in limited circumstances. Further, "inferred mineral resources" have a great
amount of uncertainty as to their existence and as to their economic and legal feasibility. It cannot be
assumed that any part or all of an inferred mineral resource will ever be upgraded to a higher category.
The mineral reserve and mineral resource data set out in this news release are estimates, and no assurance
can be given that the anticipated tonnages and grades will be a chieved or that the indicated level of
recovery will be realized.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.