Viva Gold Intersects a New High-Grade Gold Zone at Shallow Depths at its Tonopah Gold Project in Nevada

Viva Gold reported initial 2026 RC drill results at its 100%-owned Tonopah Gold Project, identifying new shallow, higher-grade gold zones that could add high‑grade starter‑pit mineralization. Highlights include 22.9 m @ 1.3 g/t Au (incl. 4.6 m @ 4.6 g/t), 15.2 m @ 1.2 g/t (incl. 3.0 m @ 2.6 g/t), and 12.2 m @ 1.6 g/t from near surface. Pre‑feasibility work and baseline studies continue, with completion targeted in Q4 2026; metallurgical tests suggest potential for coarser crush heap‑leach processing that may lower costs. Market impact: positive for Viva and the gold‑mining peer group — results could improve project economics and resource classification, supporting bullish sentiment for gold‑exposure equities, with limited direct impact on spot gold price.