• Viva Gold outlined a development plan for its 100%-owned Tonopah Gold Project in Nevada, targeting a pre-feasibility study in Q4 2026.
• Tonopah carries 504,000 oz of measured and indicated gold at 0.59 g/t, with 83,000 oz inferred at 0.37 g/t.
• The 2025 PEA models a 7-year open-pit operation producing about 404,000 oz payable gold, with roughly 75,000 oz per year early.
• PEA economics cite US$219.9 million initial capital, US$1,269/oz all-in sustaining cost, 17.6% after-tax IRR at US$2,400/oz gold.
• Shares at C$ 0.185 imply about C$ 29 million enterprise value, or about US$ 41 per measured and indicated ounce.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Viva Gold Corp. published the original content used to generate this news brief on August 25, 2026, and is solely responsible for the information contained therein.