Viva Gold Increases Land Position at its Tonopah Gold Project in Nevada

Core Viewpoint - Viva Gold Corp has made significant progress in advancing its Tonopah Gold Project by staking additional mineral claims and commencing a field program for further exploration and drilling [1][2][3] Group 1: Project Development - The company has staked 36 unpatented mineral lode claims covering approximately 720 acres (291 hectares) near Tonopah, Nevada, identified as highly prospective for gold exploration [1] - A field program has been initiated to conduct an additional 14,000 meters of CSAMT geophysical survey to map subsurface resistivity related to gold deposition [2] - Approval has been received for 23 new drill sites in and around the PEA design pit area, with drilling expected to commence later this month [2] Group 2: Management and Strategy - President and CEO Jim Hesketh emphasized the acceleration of the Tonopah Gold Project towards permitting and development, highlighting Nevada as a premier mining jurisdiction [3] - The company aims to convert remaining high-grade inferred mineral resources to measured and indicated categories in preparation for feasibility studies [2][3] - Viva Gold is committed to environmentally and socially responsible development, aligning with management's core values [3] Group 3: Company Overview - Viva Gold controls a significant land position on the Walker Lane Trend in Western Nevada and has developed a high confidence level gold mineral resource [3] - The company has approximately 172 million shares outstanding and is supported by several institutional shareholders [5] - The management team, led by CEO James Hesketh, has extensive experience in mining, having developed and constructed multiple mines globally [4]