A Nevada Gold

Exploration and

Development

Company

January 2022

SXV: VAU OTCQB:VAUCF Frankfurt: 7PB

VivaGoldCorp.com

INVESTMENT

HIGHLIGHTS

Viva is focused on advancing the Tonopah Gold Project by completing feasibility study and construction permitting, while continuing to expand the existing resource base through infill and exploration drilling.

Tonopah Gold Project - Key Drivers

  • 100% owned Tonopah Gold Project located on the mining friendly Walker Lane gold trend, Western Nevada
  • Multiple open mineral trends identified in recent geologic modelling for potential further expansion as highlighted by the January 25th, 22% increase in Measured and Indicated resource
  • Positive Preliminary Economic Assessment (PEA) based on $1,400 gold price
  • Low capital cost, open-pit, leach design concept producing 40,000 to 50,000 oz/year gold production rate over a 6-9year mine life
  • High-gradestarter pit with near surface gold resource drives rapid capital investment payback reducing capital risk
  • Excellent infrastructure including paved road access, close proximity to water and 15-25Kv power line

2

VIVA GOLD

STRONG CAPITAL STRUCTURE

Capital Structure (as of January 25, 2022)

Shares Outstanding

55.6 million

Stock Options1

3.6 million

Warrants Outstanding2

24.2 million

Fully Diluted

83.4 million

Recent Share Price

CAD $0.13

Market Cap

~$8.5 million

(based on TSX-V recent price)

Ownership of Management & Board

2.3 million (~4%)

  1. 458k @ 0.24 ex. price, exp. Feb 2023, 925k, $0.29 avg. ex. price, expire July 2023, 650k $0.17 ex. price expire June 2024; 150K ex price $0.165 Aug 24, 2024
  2. 1.0 million @ $0.34 ex. price, expire Feb 2022; 6 mil @ $0.30 ex. price, expire June 2023; 16,400,800 ex. price $0.25, expire June 2024 ; 851,412 ex. Price $0.17, June 2024

Shareholder Breakdown

Institutional

Retail40%

56%

Management & Board

4%

Geographical

Shareholder Breakdown

Total

Foreign

Holders

25%

Total

Total

Canadian

United

Holders

States

59%

Holders

16%

3

EXPERIENCED

MANAGEMENT TEAM AND BOARD

Christopher

James

Steven

Andy

David

Ted

Herald

Hesketh

Krause

Bolland

Whittle

Mahoney

Chairman,

President, CEO

CFO

Director

Director

Director

Director

and Director

President, CEO and

Former CEO Atna

President

Former Hatch Ltd,

Former CEO

Consulting

Director Solitario

Resources Ltd.;

Avisar Chartered

US Director of

Mountain Province

Geologist

Zinc Corp

Canyon Resources

Accountants

Mining and Mineral

Diamonds

Former Chief

Corp

Processing

Glenmore Highlands

Former Chairman

Former CFO

Geologist, Kinross

Inc

Denver Gold Group

Bear Creek

Round Mountain

Former positions with:

Former Barrick

Former CFO,

Former positions

Mining

Mine, Chief

NM Rothschild & Sons,

Gold; Director

Alexco Resources

Geologist &

with:

Cyprus Amax Minerals,

B.B.A.

Operations for

Corp

Business

Crown Resources,

Pincock, Allen & Holt

Trinity Western

Barrick Gold of

Hillsborough

Development

Echo Bay Mines

University

Inc. and Dresser

North America;

Resources Limited

Manager, Barrick

Anaconda Minerals

Industries

Registered CPA

Director of

Lytton Minerals

North America

M.S. in Geology

State of Illinois

Technical Services;

Limited

Registered

Colorado School of

B.S. in Mining

Manager of

Mines

Engineering

Processing and

Bachelor Finance,

Professional

Geoscientist, British

B.S. in Geology

M.S. in Mineral

Open Pit Mining at

UBC

Economics,

Barrick Goldstrike

Chartered

Columbia

University of Notre

Colorado School of

Professional

Registered Member

Dame

Mines

B.S. Chemical

Accountant

SME

Engineering,

Strathclyde

University

4

TONOPAH PROJECT OVERVIEW

  • Acquired 100% of Tonopah gold project in 2017
  • 513 Unpatented Mineral Claims (~10,250 acres) - 128 claims subject to 2% NSR royalty (with option to acquire 1.0% for US$1.0 MM)
  • Former explorers: Coeur Mining, Rio Algom, Kennecott, Newmont, and Midway Gold
  • Extensive database of geophysical, geologic, technical, and environmental studies
  • Open pit, heap leach gold recovery development concept

Nevada rated #1 in the world by Fraser Institute mining survey for mining investment in 2021

N E V A D A

Elko

RENOSolidus Northumberland

Kinross

Round Mountain

Tonopah Project

TONOPAH

WVM - Hasbrouck Deposit

Waterton

Gemeld Deposit

Corvus Gold Inc

North BullfrogCouer Mining

Sterling

LAS VEGAS

0

25

50

100

150

200

Kilometers

0

25

50

100

150

200

Miles

  • 35 Kilometers from town of Tonopah
  • 50 Kilometers from Round Mountain

5

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Disclaimer

Viva Gold Corp. published this content on 25 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 January 2022 18:56:04 UTC.