Viva Gold Announces Stock Option Grant
NR 26-05
Viva Gold Announces Stock Option Grant
VANCOUVER, BC – March 11, 2026 – Viva Gold Corp. (TSX-Venture: VAU; OTCQB: VAUCF) (the “Company”
or “Viva”) announces that it has granted, pursuant to its stock option plan, a total of 750,000 stock options
to directors, officers and consultants. The incentive stock options have an exercise price of C$0.15 per
share and expire three years after the grant date. The Options will vest as directed by Viva’s Board in
accordance with the Company’s stock option plan and are subject to TSX Venture Exchange acceptance.
About Viva Gold Corp
Viva’s 100% owned Tonopah gold project sits in the middle of gold mining country about a half hour drive
south of the Round Mountain mine owned by Kinross Gold and represents a major land position on the
prolific Walker Lane Trend in Western Nevada. Viva has developed a high confidence level gold mineral
resource and has demonstrated the potential for an economically viable open pit, heap leach/mill gold
project through rigorous PEA study. The Company has commenced additional drilling to further upgrade
and expand gold mineral resources on the property. In addition, Viva has commenced a pre-feasibility
study for Tonopah to include new drill results. Viva is committed to developing the Tonopah Gold Project
in an environmentally and socially responsible fashion. These values are aligned with management’s core
values and permeate throughout our decision-making process.
Viva is led by CEO James Hesketh, a 40-year veteran in the mining space who has led the development
and construction of eight other mines around the world throughout his career. James has surrounded
himself with equally experienced mining professionals both on the management team and the board.
Viva trades on the TSX Venture exchange “VAU”, on the OTCQB "VAUCF" and on the Frankfurt exchange
"7PB". Viva currently has ~172 million shares outstanding and boasts a best-in-class management team
and board with decades of gold exploration and production experience. The Company is advancing its
high-grade Tonopah Gold Project in mining friendly Nevada with the support of several institutional
shareholders. More information can be found on https://www.Sedar.Com and please visit our website:
www.vivagoldcorp.com.
For further information please contact:
James Hesketh, President & CEO
(720) 291-1775
Graham Farrell, Investor Relations
(416) 842-9003