Mr. James Hesketh reports

VIVA GOLD TO HOST INTERACTIVE WEBINAR WITH PERENNIAL MINE BUILDER, PRESIDENT & CEO JIM HESKETH

Viva Gold Corp. has invited shareholders, analysts and members of the financial community to a live webinar in which management will provide a corporate update on the advancement of its Tonopah gold project in Nevada. The presentation will outline expected timelines for the company's continuing prefeasibility study (PFS), status of its baseline studies and mine permitting effort, and will feature a deeper technical review of the company's newly announced high-grade discovery at Midway Hills.

The webinar will be led by James Hesketh, president and chief executive officer. A live question-and-answer session will follow the formal presentation.

Webinar details

Date:  Tuesday, Aug. 25

Time:  11 a.m. ET/8 a.m. PT

Participants are encouraged to register on-line. A replay of the webinar will be made available on the company's website following the event.

What will be covered

During the webinar, management intends to discuss:

• Prefeasibility study progress and timing -- an update on the workstreams feeding the PFS and the company's expected timeline to a final PFS report;
• Permitting -- an overview of the federal and state permitting process for the Tonopah gold project and expected key milestones;
• Technical deep dive on the Midway Hills discovery -- a detailed look at the geology, drill results and exploration upside of the new high-grade zone, including the potential to add higher-grade material to the project.

Spotlight: the Midway Hills high-grade discovery

In July, 2026, Viva gold announced a major new high-grade gold discovery at Midway Hills, located within the Tonopah gold project. Highlights from the discovery included drill hole TG2617 , which returned 35.1 metres averaging 1.6 grams per tonne gold and 16.7 g/t silver, including 1.5 metres of 18.4 g/t gold and 76.9 g/t silver. The hole bottomed in strong mineralization and remains open in all directions, underscoring the potential for further expansion. Hole TG2616, drilled 100 metres east of TG2617, returned 38.1 metres averaging 0.9 g/t gold and 6.8 g/t silver, including 6.1 metres of 3.6 g/t gold and 22.5 g/t silver.

The webinar will provide the technical community with additional context on how the Midway Hills discovery fits within the broader Tonopah system and how the company intends to advance it alongside the PFS and permitting workstreams.

Management commentary

"The Tonopah gold project continues to advance on multiple fronts, and this webinar is an opportunity to walk the market through exactly where we stand on the prefeasibility study, our EIA submission and permitting," said James Hesketh, president and chief executive officer of Viva Gold. "The Midway Hills discovery has generated significant interest, and we look forward to taking investors deeper into the technical story behind it and what it could mean for the future of the project."

About Viva Gold Corp

Viva Gold's 100-per-cent-owned Tonopah gold project is located within a large land position in established gold-mining country on the prolific Walker Lane structural trend in western Nevada, approximately a 30-minute drive south of Kinross gold's Round Mountain mine. Viva has defined a high-confidence gold mineral resource and has demonstrated the potential for an economically viable open-pit, heap leach/mill gold project through its 2025 preliminary economic assessment (PEA). Viva gold is committed to advancing the Tonopah gold project in an environmentally and socially responsible manner, consistent with management's core values.

Viva gold is led by CEO James Hesketh, a 40-year mining industry veteran who has led the development and construction of eight mines globally. The board and management team include experienced mining professionals with expertise in exploration, project development, construction, and mine operations.

Viva gold trades on the TSX Venture Exchange (VAU), the OTCQB (VAUCF) and the Frankfurt exchange (7PB). Viva currently has approximately 172 million shares outstanding. The company is advancing its Tonopah gold project in mining-friendly Nevada with the support of institutional shareholders.

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