Viva Gold Corp · TSXV:VAU
Viva Gold — Investor Presentation (May 2026)
18 slides from Viva Gold's investor presentation, May 2026
Slide 1: Advanced Gold Development Project in Nevada
VivaGoldCorp.com Advanced Gold Development Project in Nevada May 2026 TSXV: VAU | OTCQB: VAUCF | FRANKFURT: 7PB 1
Slide 2: Cautionary notes / Technical disclosures
Cautionary notes / Technical disclosures This presentation contains certain information that may constitute forward-looking information or forward-looking statements under applicable Canadian securities legislation (collectively, “forward-looking information”), including but not limited to the explo
Slide 3: Viva Gold: Derisked with Substantial Upside
Viva Gold Derisked with Substantial Upside Clear path to ❖ Pre-Feasibility Study (PFS) commenced for value creation for shareholders Tonopah Gold Project: based on strong Preliminary Economic Assessment (PEA) results, extraordinary gold markets, and a highly favorable permitting environment. ❖ Prima
Slide 4: World Class Walker Lane Trend
World Class Walker Lane Trend PRODUCTION AND M&A ACTIVITY Kinross Gold – Round Mountain Mine 2025 215K oz Au produced in 2024 with LOM production of over 16 million ounces. Pit expansion with elevated gold price and over 5,200 meters of Phase X underground mine development completed. Centerra Gold –
Slide 5: Tonopah Project Geology – Excellent Mining Potential
Tonopah Project Geology – Excellent Mining Potential Geologic Long Section Showing Resource Blocks, Structure and Lithology West A East QAL TVU TVL TVL A’ OPA NW Fault (Mineralizer?) Discovery Fault (Pre & Post Mineral) Dauntless Fault (Pre & Post Mineral) Looking North, 100-meter slice ❖ Gold contr
Slide 6: Tonopah 2026 RC Drill Program
Tonopah 2026 RC Drill Program Tonopah Gold Project Preliminary 2026 Reverse Circulation Drilling Program Results Depth To Hole From To Length Mineral Gold Grade Silver Grade Meter Meter Meter Meter Gram/Tonne Gram/Tonne TG2606 176.8 21.3 24.4 3.0 21.3 1.40 0.90 74.7 106.7 32.0 74.7 3.14 8.11 76.2 85
Slide 7: Tonopah Exploration Upside
Tonopah Exploration Upside Geophysical methods proven for gold discovery Midway Hills Prospect Area (6x6x6 Block Model not in MRE) Area of deep Scattered Au Volcanics Intercepts Area for planned Tonopah PEA addition of Resource Pit CSAMT Lines Area ❖ Gravity high mapping highlights near surface CSAM
Slide 8: Tonopah Project MRE – High Confidence Gold Resource
Tonopah Project MRE – High Confidence Gold Resource1 Mineral Resource Estimate (“MRE”) – Effective June 13, 2025 Classification Tonnes Au Grade Ag Grade Contained Gold Contained Silver x 1,000 Grams/Tonne Grams/Tonne Ounces Ounces Measured 1,691 1.41 3.11 77,000 169,000 Indicated 25,002 0.53 1.98 42
Slide 9: 2025 PEA Highlights – Production
2025 PEA Highlights – Production ❖ Results demonstrate project Mine Concept viability at $2,400 Au price with Daily Mining Rate 45,000 Tonnes/day full capital costing including Crushing Plant 10,000 Tonnes/day owner mining, no short-cuts Gravity, CIL Mill Circuit 2,000 Tonnes/Day taken Agglomeration
Slide 10: 2025 PEA Highlights - Economic Analysis
2025 PEA Highlights - Economic Analysis1 Post-Tax Pre-Tax Gold Price NPV 5% (USD IRR% NPV %/Share IRR% NPV 5% (USD 1,000) USD/Ounce 1,000) $2,000 2.9% $13,370 $0.08 5.1% $4,309 $2,400 17.6% $111,617 $0.65 20.6% $138,617 $3,000 37.0% $298,704 $1.74 41.2% $340,079 $4,000 66.1% $610,515 $3.55 72.3% $67
Slide 11: PFS Study Initiated Increase Capital Efficiency
PFS Study Initiated Increase Capital Efficiency ❖ PFS designed to further refine mine design, processing options, capital and operating costs, and permitting pathways, while continuing to reduce technical and execution risk. ❖ Reduce Initial Capital by deferring construction of heap leach system unt
Slide 12: Infrastructure & Permit Status
Infrastructure & Permit Status EXCELLENT INFRASTRUCTURE Paved road, Commercial ❖ Paved State Highway access power & Water ❖ Tonopah Public Utility Commercial Water Pipeline on east boundary of claim block; utility controls substantial water rights. ❖ NV Energy 15 kV power line follows pipeline: syst
Slide 13: Baseline Environmental Study
Baseline Environmental Study Initial Baseline Needs Assessment Meeting held with US Bureau of Land Management Ongoing and Completed Baseline Study Work Includes: ❖ Biologic studies accepted by BLM ❖ Quarterly water sampling – over 7 years of data ❖ Seeps and springs studies ❖ Geochemical rock charac
Slide 14: Tonopah Project Workplan Next 2-years
Tonopah Project Workplan Next 2-years ❖ Pre-Feasibility Study (PFS): Commenced Feb 2026 with goal of optimizing economics and developing implementation plan – 8 to 9 months to complete ❖ Baseline Studies: complete remaining required baseline study work based on PFS project layout and design ❖ Plan o
Slide 15: VIVA Gold - Capital Structure
VIVA Gold - Capital Structure Capital Structure as of March 31, 2026 ~ 20 % Shares Outstanding 172.1 M Stock Options1 8.7 M PUBLIC ~ 49% ~ 13 % FLOAT Warrants Outstanding2 37.4 M ~8% ~7 % MYRMIKAN Fully Diluted 218.1 M GOLD FUND ~ 2% POINTILLIST Market Capital ~$25 M MANAGEMENT 1) Options: 1.65M @ 0
Slide 16: Top Tier Management & Board
Top Tier Management & Board CHRISTOPHER HERALD, ANDY BOLLAND, Director Chairman & Director Former Hatch Ltd, US Director of Mining and Mineral Processing; former President, CEO and Director Solitario Resources Corp; former Barrick Gold, Director Operations for Barrick Gold of North America; B.S. Cha
Slide 17: Viva Gold Value Proposition
Viva Gold Value Proposition Premise: ❖ Tonopah gold project checks all boxes for a successful mine development opportunity with resource expansion potential in America’s best mining jurisdiction Goal: ❖ Re-rate Viva shares through permitting and demonstration of Tonopah Gold Project as a mine develo
Slide 18: Contact
VivaGoldCorp.com JAMES HESKETH GRAHAM FARRELL President and CEO 720-291-1775 Investor Relations 416-842-9003 jhesketh@vivagoldcorp.com graham.farrell@vivagoldcorp.com TSXV: VAU OTCQB:VAUCF VivaGoldCorp.com TSXV: VAU | OTCQB: VAUCF | FRANKFURT: 7PB 18