Viva Gold Corp. Invites Public to Webinar for Corporate Update on Tonopah Gold Project and Midway Hills Discovery

VANCOUVER, BC – August 19, 2026 – Leads & Copy – Viva Gold Corp. (TSX-V: VAU; OTCQB: VAUCF) has announced it will host a live webinar to provide shareholders, analysts, and the financial community with a corporate update on its Tonopah Gold Project in Nevada. The presentation will detail expected timelines for the ongoing Prefeasibility Study (PFS), the status of baseline studies and mine permitting, and will include a technical review of the Company's recent high-grade discovery at Midway Hills.

The webinar, scheduled for Tuesday, August 25th at 11 a.m. EDT/8 a.m. PDT, will be led by James Hesketh, President and Chief Executive Officer of Viva Gold. A live question-and-answer session will follow the presentation. Interested participants are encouraged to register in advance via a provided link. A replay will be available on the Company's website following the event.

Management intends to discuss the progress and timing of the PFS, outlining the workstreams contributing to the study and the expected timeline for the final report. An overview of the federal and state permitting process for the Tonopah Gold Project, including key milestones, will also be covered. A significant portion of the webinar will focus on a technical deep dive into the Midway Hills discovery, offering a detailed examination of its geology, drill results, and exploration potential, particularly its capacity to contribute higher-grade material to the project.

Viva Gold announced the Midway Hills discovery in July 2026. Notable highlights include drill hole TG2617, which returned 35.1 metres averaging 1.6 g/t gold and 16.7 g/t silver, with a subsection of 1.5 metres yielding 18.4 g/t gold and 76.9 g/t silver. This hole ended in strong mineralization and remains open in all directions, indicating further expansion potential. Drill hole TG2616, located 100 meters east of TG2617, returned 38.1 metres averaging 0.9 g/t gold and 6.8 g/t silver, including 6.1 meters of 3.6 g/t gold and 22.5 g/t silver. The webinar aims to provide additional context on how the Midway Hills discovery integrates with the broader Tonopah system and the Company's strategy for its advancement alongside PFS and permitting efforts.

“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 CEO 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.”

Viva Gold's 100%-owned Tonopah Gold Project is situated on a substantial land package within the Walker Lane Structural Trend in western Nevada. The project is located approximately 30 minutes south of Kinross Gold’s Round Mountain Mine. The Company has defined a high-confidence gold mineral resource and has demonstrated the potential for an economically viable open-pit, heap leach/mill gold project, as indicated by its 2025 preliminary economic assessment (PEA). Viva Gold emphasizes its commitment to advancing the project in an environmentally and socially responsible manner.

The company is led by CEO James Hesketh, a mining industry veteran with extensive experience in mine development and construction. The management and board team comprises seasoned mining professionals with expertise spanning exploration, project development, construction, and mine operations. Viva Gold trades on the TSX Venture Exchange (TSX-V: VAU), the OTCQB (OTCQB: VAUCF), and the Frankfurt Exchange (7PB), with approximately 172 million shares outstanding. The Company is advancing its Tonopah Gold Project in Nevada with support from institutional shareholders. Further information is available on sedar.com and at www.vivagoldcorp.com.

Source: Viva Gold Corp