Viva Gold Announces Stock Option Grant

NR 18-02

Viva Gold Announces Stock Option Grant

VANCOUVER, BC – January 18, 2018 – Viva Gold Corp (TSX-Venture: VAU) (the “Company” or “Viva”), announces that it has granted, pursuant to its stock option plan, a total of 1,050,000 stock options to directors, officers, employees and consultants. The Option Awards will have a term of 3-years with 50% vesting immediately and 25% for each year following the award date. The exercise price on the options is CAD$0.50/share.

About Viva Gold Corp.

Viva Gold’s principal business is the identification and evaluation of mineral assets for exploration and/or mineral production. The Company owns 100% of the Tonopah Gold Project located near Tonopah, Nevada, an advanced stage gold exploration/evaluation project.

More information can be found on www.sedar.com or the Company’s website at www.vivagoldcorp.com

For further information please contact:

James Hesketh President & CEO 720-291-1775 [email protected]

or

Valerie Kimball Corporate Secretary & Director, Investor Relations 720-933-1150 [email protected]