# 208. GOLD 2026: This Nevada Mine Could Deliver a 66% IRR - Viva Gold Corp

An episode of [Charlando de minas](https://invisiblenetwork.ai/podcast/1592976353), 18 Oct 2026, 46 min.

Audio: https://anchor.fm/s/6d32bf3c/podcast/play/127616778/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-9-17%2F434362962-44100-2-6fa768a3b28a2.mp3

A 66% IRR at $4,000 gold. Less than two years of potential payback around a $3,500 gold assumption. And now a new discovery that could potentially become a second open pit. Viva Gold is trying to move its Tonopah Gold Project in Nevada from a resource story toward something much more important: a financeable, permitted and ultimately cash-flowing mine. In this interview, I speak with Jim Hesketh, President and CEO of Viva Gold Corp., about the Tonopah Gold Project and the company's strategy to advance it toward development. 🔔 Subscribe to Truth Below Ground if you want a free newsletter about mining investment and commodities. 👉 https://www.truthbelowground.com Follow me: Twitter - @Charlandodminas Twitter - @TruthBelowG Instagram - @charlandodeminas LinkedIn - Charlando de Minas LinkedIn - Truth Below Ground Web: \[www.charlandodeminas.com\](http://www.charlandodeminas.com) Web: https://www.truthbelowground.com Important Disclaimer The content presented on Charlando de Minas does not constitute investment advice. Neither Amadeu Bonet nor the guests are financial advisors. We may have interests in the companies mentioned in this publication. Always assume that speakers have a bias. These episodes are a record of my own learning journey in natural resource investing. The information provided in this publication — and in all Charlando de Minas publications — is general and impersonal in nature, and is provided for informational purposes only. Its value is what you have paid for it. If you are not paying for the product, you are the product. Expect to see advertisements — which will be disclosed verbally — in this video. Before making any investment decision, it is essential that you consult multiple licensed, experienced and qualified financial advisors. Seek several opinions before making your final decision. The minimum risk in any investment mentioned in this publication is the loss of 100% of your capital.

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