Viva Gold CEO to Present at John Tumazos Very Independent Research, LLC

(TheNewswire)

VANCOUVER, BC – TheNewswire - December 9, 2025 – Viva Gold Corp ( TSXV: VAU; OTCQB: VAUCF ) (the “ Company ” or “ Viva ”) is pleasedannounce that the Company’s President and CEO Jim Hesketh will beparticipating in a live webcast presentation at the John Tumazos VeryIndependent Research, LLC virtual conference on Wednesday, December10 th , 2025 at 9:45 am EST. Mr. Hesketh will provide an overviewof the Viva Gold strategy as the Company enters into feasibility studywork and the Nevada permitting process.

To access the live presentation, please register inadvance here .

About Viva Gold Corp :

Viva’s 100% owned Tonopah gold project sits in themiddle of gold mining country about a half hourdrive south of the RoundMountain mine owned by Kinross Gold and controls a major land position on the prolific WalkerLane Trend in Western Nevada. Viva has developed a high confidencelevel gold Mineral Resource and can demonstrate the potential for an economically viableopen pit, heap leach/mill gold project through rigorous PEA study.Viva is committed to developing the Tonopah Gold Project in anenvironmentally and socially responsible fashion. These values arealigned with management’s core values and permeate throughout ourdecision-making process.

Viva Gold is led by CEO James Hesketh, a 40-yearveteran in the mining space who has led the development andconstruction of eight other mines around the world throughout hiscareer. James has surrounded himself with equally experienced miningprofessionals both on the management team and the board.

Viva Gold trades on the TSX Venture exchange “VAU”,on the OTCQB "VAUCF" and on the Frankfurt exchange"7PB". Viva currently has ~145.3 million shares outstandingand boasts a best-in-class management team and board with decades ofgold exploration and production experience. The Company is advancingits high-grade Tonopah Gold Project in mining friendly Nevada with thesupport of several institutional shareholders. More information can befound on https://www.sedarplus.com and please visit our website: www.vivagoldcorp.com .

For further information please contact:

James Hesketh, President &CEO

(720) 291-1775

jhesketh@vivagoldcorp.com

Graham Farrell, InvestorRelations

(416) 842-9003

graham.farrell@vivagoldcorp.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 forward-looking information related toMineral Resource estimates for the Project. The material factors thatcould cause actual results to differ materially from the conclusions,estimates, designs, forecasts or projections in the forward-lookinginformation include any significant differences from one or more ofthe material factors or assumptions that were set forth in this press releaseincluding geological and grade interpretations and controls andassumptions and forecasts associated with establishing the prospectsfor economic extraction of gold mineral resource and preliminaryeconomic analysis 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,inflationary pressures, pandemics,  and issues and delays related topermitting activities; the price of gold; operational, funding andliquidity risks; the potential for achieving targeted drill results,the degree to which mineral resource estimates are reflective ofactual mineral resources; the degree to which factors which would makea mineral deposit commercially viable are present; the accuracy ofcapital and operating cost estimates; the variability of actual fromestimated gold recovery; potential for geotechnical issues; the risksand hazards associated with drilling and mining operations; and theability of Viva to fund its capital requirements. Risks anduncertainties about the Company’s business are more fully discussedin the Company’s disclosure materials filed with the securitiesregulatory authorities in Canada available at www.sedar.com . Readers are urged to read thesematerials. Viva assumes no obligation to update any forward-lookinginformation or to update the reasons why actual results could differfrom such information unless required by law.

Cautionary Note toInvestors --- Investors arecautioned not to assume that any "measured mineralresources", "indicated mineral resources", or"inferred mineral resources" that the Company reports inthis news release are or will be economically or legally mineable.United States investors are cautioned that while the SEC nowrecognizes "measured mineral resources", "indicatedmineral resources" and "inferred mineral resources",investors should not assume that any part or all of the mineraldeposits in these categories will ever be converted into a highercategory of mineral resources or into mineral reserves.  These termshave a great amount of uncertainty as to their economic and legalfeasibility.  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 aninferred mineral resource will ever be upgraded to a higher category.The mineral reserve and mineral resource data set out in this newsrelease are estimates, and no assurance can be given that theanticipated tonnages and grades will be achieved or that the indicatedlevel of recovery 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.

Definitions

“All-in sustaining costs” is anon-IFRS or US GAAP financial measure calculated based on guidancepublished by the World Gold Council (“WGC”). The WGC is a marketdevelopment organization for the gold industry and is an associationwhose membership comprises leading gold mining companies. Although theWGC is not a mining industry regulatory organization, it workedclosely with its member companies to develop these metrics. Adoptionof the all-in sustaining cost metric is voluntary and not necessarilystandard, and therefore, this measure presented by the Company may notbe comparable to similar measures presented by other issuers. TheCompany believes that the all-in sustaining cost measure complementsexisting measures and ratios reported by the Company. All-insustaining cost includes both operating and capital costs required tosustain gold production on an ongoing basis. Sustaining operatingcosts represent expenditures expected to be incurred at the Projectthat are considered necessary to maintain production. Sustainingcapital represents expected capital expenditures comprising minedevelopment costs, including capitalized waste, and ongoingreplacement of mine equipment and other capital facilities, and doesnot include expected capital expenditures for major growth projects orenhancement capital for significant infrastructureimprovements.

“Cash cost per gold ounce” is acommon financial performance measure in the gold mining industry buthas no standard meaning under IFRS or US GAAP. The Company believesthat, in addition to conventional measures prepared in accordance withIFRS or US GAAP, certain investors use this information to evaluatethe Company’s performance and ability to generate cash flow. Cashcost figures are calculated in accordance with a standard developed byThe Gold Institute. The Gold Institute ceased operations in 2002, butthe standard is considered the accepted standard of reporting cashcost of production in North America. Adoption of the standard isvoluntary, and the cost measures presented may not be comparable toother similarly titled measures of other companies.

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