CEO.CA's Inside the Boardroom: Viva Gold CEO: Tonopah PEA Shows Strong Gold Price Leverage Amid Market Volatility

Rhea-AI Summary

Viva Gold Corp. (OTCQB: VAUCF) CEO Jim Hesketh discussed the company's Tonopah Gold Project's Preliminary Economic Assessment (PEA) on CEO.CA's 'Inside the Boardroom' series. The Nevada-based project demonstrates strong economics with a $112M NPV, 17.6% IRR, and 3.6-year payback period at a $2,400 gold price assumption.

The company plans to implement a dual processing strategy, combining traditional milling and heap leach processing to optimize gold recovery from both high and low-grade materials. Hesketh highlighted that the stock currently trades at a significant discount compared to similar projects, suggesting potential value opportunity despite market volatility.

Positive

• PEA shows strong economics with $112M NPV and 17.6% IRR
• Dual processing strategy optimizes gold recovery from different grade materials
• Project located in established mining jurisdiction of Nevada
• Stock trading at significant discount to comparable projects

Negative

• Project economics dependent on high gold price assumption of $2,400
• Relatively long payback period of 3.6 years

Toronto, Ontario--(Newsfile Corp. - July 29, 2025) -  CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.

Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.

Meet the Executive Shaping the Mining Landscape

'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy.

We caught up with Jim Hesketh, CEO of Viva Gold Corp. (OTCQB: VAUCF) (TSXV: VAU) to discuss the company's recent preliminary economic assessment (PEA) on the Tonopah Gold Project and subsequent market. Located in Nevada, the PEA shows $112M NPV, 17.6% IRR, and 3.6-year payback period at $2,400 gold. Hesketh explains how the company plans to use both traditional milling and heap leach processing to maximize gold recovery from high and low-grade materials. With the stock trading at significant discount to comparable projects, Hesketh believes current valuations present exceptional value for investors willing to look past short-term market volatility in this established mining jurisdiction.

Viva Gold

(OTCQB: VAUCF) (TSXV: VAU)

Cannot view this video? Visit:
https://www.youtube.com/watch?v=w6AlFzX_OUo

Tune in to 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit CEO.CA or our YouTube page for hundreds more executive interviews from CEO.CA here.

Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at sales@ceo.ca for further details and opportunities.

About CEO.CA

The leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.

CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.

For further information please contact:

CEO.CA
Email: hello@ceo.ca
Website: CEO.CA

Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") 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.

Cautionary Statement

The information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260525

FAQ

What are the key economic metrics from Viva Gold's (VAUCF) Tonopah Project PEA?

The PEA shows a Net Present Value (NPV) of $112M, an Internal Rate of Return (IRR) of 17.6%, and a 3.6-year payback period, based on a gold price of $2,400.

How does Viva Gold plan to process ore at the Tonopah Project?

Viva Gold plans to use a dual processing strategy combining traditional milling and heap leach processing to maximize gold recovery from both high and low-grade materials.

Where is Viva Gold's (VAUCF) Tonopah Project located?

The Tonopah Gold Project is located in Nevada, an established mining jurisdiction in the United States.

What is the current market position of Viva Gold (VAUCF) according to its CEO?

According to CEO Jim Hesketh, the stock is trading at a significant discount compared to comparable projects, presenting potential value for investors willing to look past short-term market volatility.