VANCOUVER, BC – TheNewswire - December 11, 2023 – Langley, British Columbia -- Viva Gold Corp. ("Viva Gold" or the “Company”) (TSXV:VAU is pleased to announce the appointment of Adrian Goldstone to its Board of Directors, effective December 11, 2023. Mr. Goldstone is currently the Managing Director Technical, Dundee Corporation (DC.A: TSX), the parent company of Viva Gold’s largest shareholder, Dundee Resources.

Chief Executive Officer James Hesketh commented, “We are excited to welcome Adrian to Viva Gold’s Board of Directors. Adrian’s technical expertise along with the additional support from our largest shareholder, will prove to be instrumental as we expand our resource and advance the Tonopah Gold Project towards feasibility study and permitting next year.”  

Mr. Goldstone holds a Bachelor (1980) and Masters (1982) of Science from the University of Aukland and has over 35 years of experience in the mining industry. From 2006 to 2014, Adrian Goldstone was Vice President of Dundee Precious Metals and was responsible for Sustainable Business Development, Environmental Management, Corporate Social Responsibility, and Executive Project Management.

As part of Mr. Goldstone’s compensation package and subject to TSX Venture Exchange Approval, he will receive 250,000 stock options with an exercise price of $0.125, with a 36-month term, 50% vesting immediately, 25% after year 1 and 25% after year 2.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

James Hesketh, President & CEO

(720) 291-1775

jhesketh@vivagoldcorp.com

Graham Farrell, Harbor Access

(416) 842-9003

graham.farrell@harbor-access.com

Cautionary Statement Regarding Forward-Looking Information

Certain information contained in this news release constitutes “forward-looking information” or “forward-looking statements” (collectively, “forward- looking information”). Without limiting the foregoing, such forward-looking information includes statements regarding the process and completion of the Offering, the use of proceeds of the Offering and any statements regarding the Company’s business plans, expectations and objectives. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking information. Forward-looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information is based on information available at the time and/or the Company management’s good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company’s control. For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company’s most recent Management’s Discussion and Analysis and financial statements and other documents filed by the Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are available at www.sedar.com under the Company’s profile and on the Company’s website, https://vivagoldcorp.com/. The forward-looking information set forth herein reflects the Company’s expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.