CEO.CA Highlights Viva Gold’s Cost-Cutting Strategy and Tonopah Gold Project De-Risking in Nevada

Toronto, Ontario, May 21, 2026 — CEO.CA has released a new installment of its Inside the Boardroom interview series, featuring James Hesketh, CEO of Viva Gold Corp. The discussion focuses on Viva Gold’s efforts to reduce costs, improve project confidence, and advance the Tonopah Gold Project in Nevada.

Viva Gold’s Tonopah Gold Project Takes Center Stage

The interview gives investors a closer look at how Viva Gold is working to strengthen the Tonopah Gold Project. According to the release, the company’s recent high-grade drill results are an important part of the discussion, as they may help support future planning and development decisions.

Located in Nevada, a well-known mining jurisdiction, the Tonopah Gold Project is being positioned as a key asset for Viva Gold. The company is focusing on lowering potential development risks while improving the economic outlook of the project. This includes efforts to control costs, refine project planning, and use exploration data to guide the next steps.

CEO James Hesketh Shares Company Strategy

James Hesketh, CEO of Viva Gold Corp., appeared in CEO.CA’s Inside the Boardroom series to explain how the company is approaching project development. The interview highlights Viva Gold’s strategy of using technical progress and cost discipline to improve confidence in Tonopah.

For junior mining companies, de-risking is often one of the most important steps before a project can attract stronger market attention. This process may include drilling, engineering work, permitting progress, environmental studies, and better cost estimates. In Viva Gold’s case, the company is emphasizing both exploration success and cost reduction as part of its broader plan.

Recent Drill Results Add Momentum

The Newsfile release notes that CEO.CA spoke with Hesketh about the impact of recent high-grade drill results at Tonopah. These results are important because drilling helps mining companies better understand the size, grade, and quality of a mineral deposit. Strong drill results can support future resource updates and help investors better evaluate a project’s potential.

While exploration results do not guarantee future mine development, they can play a major role in shaping market confidence. For Viva Gold, the latest drilling appears to be part of a wider effort to demonstrate that Tonopah has meaningful upside while remaining focused on practical development goals.

Cost Reduction Remains a Key Theme

One of the main topics in the CEO.CA feature is how Viva Gold is working to slash costs. In the mining sector, cost control can make a major difference, especially when companies are trying to move a gold project from exploration toward development.

Lower capital and operating costs can improve project economics and make a deposit more attractive to potential investors, partners, or acquirers. Viva Gold’s focus on reducing costs suggests that the company is not only looking for more gold in the ground but also working to make the project more realistic from a financial standpoint.

De-Risking the Tonopah Gold Project

De-risking is a major part of Viva Gold’s Tonopah strategy. In simple terms, de-risking means reducing uncertainty. For a gold project, that can involve better geological understanding, clearer permitting pathways, improved engineering plans, and stronger economic assumptions.

By advancing technical work and discussing recent drill results, Viva Gold is presenting Tonopah as a project with growing clarity. This approach may help investors better understand the company’s direction and the potential value of the asset.

CEO.CA’s Role in Junior Mining Investor Coverage

CEO.CA describes itself as a leading investor social network focused on junior resource and venture stocks. The platform says it has served investors since 2012 and attracts users from many countries who discuss commodities, stocks, and emerging companies.

The Inside the Boardroom series is designed to give investors direct access to company executives. Through these interviews, CEOs can explain their vision, challenges, strategy, and recent milestones in a more detailed and accessible format.

Why This Update Matters for Investors

This CEO.CA interview may be important for investors following junior gold companies because it brings together several key themes: exploration progress, cost control, and project de-risking. These are common factors investors review when assessing early-stage or development-stage mining companies.

Viva Gold trades under the symbol VAU on the TSX Venture Exchange and VAUCF on the OTCQB. The company’s visibility through CEO.CA may help more investors learn about its Tonopah Gold Project and its current strategy.

Forward-Looking Considerations

The release also includes cautionary language, noting that forward-looking information may involve risks and uncertainties. These can include changes in costs, financing conditions, commodity prices, project delays, and permitting matters.

As with all junior mining updates, investors should review company filings, technical reports, and official disclosures before making decisions. Exploration and development projects can offer opportunity, but they also carry risk.

Conclusion

CEO.CA’s latest Inside the Boardroom feature places Viva Gold’s Tonopah Gold Project in the spotlight. The interview with CEO James Hesketh highlights the company’s focus on reducing costs, using recent drill results to support confidence, and lowering development risk in Nevada.

For investors watching the junior gold sector, the update offers a detailed look at how Viva Gold is positioning Tonopah for future progress. The company’s message is clear: disciplined cost management and careful de-risking remain central to its strategy.

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