❗VIVA GOLD HAS PAID FOR THIS VIDEO. THE HOST DIDN'T OWN CTM SHARES AT THE TIME OF RECORDING. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication.The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.

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Timestamps:00:00:00 Chapters00:00:10 Very Important Warning00:01:07 Viva Gold Company Overview00:02:17 Why raise more money?00:03:31 How will Viva Gold spend its money?00:04:07 Did insiders participate?00:05:36 Who joined them on the financing?00:06:46 Is RAB holding its stake?00:07:28 What does Dundee want?00:08:07 What does this funding enable?00:09:14 Will Viva Gold need more financing?00:09:39 How much goes to G&A vs exploration?00:10:06 What’s the drill target?00:13:11 Why did previous operators walk away?00:13:50 What’s the drilling plan?00:15:24 How deep will they drill?00:16:21 When are assays coming?00:16:58 Why drill Midway Hills?00:19:09 Does this affect the PFS?00:20:12 What’s the next exploration focus?00:22:04 What would success look like?00:23:57 Any access issues?00:24:16 How much cover is there?00:24:56 Are they expecting the same style?00:25:16 Is most drilling infill or stepout?00:25:44 Why spend on exploration now?00:27:11 What conversion are they targeting?00:27:52 Resource update before the PFS?00:28:04 Why more heap-leach testing?00:30:49 Why does crush size matter?00:32:39 What’s the best trade-off?00:33:27 Are quotes coming in yet?00:34:28 Is the staged plan realistic?00:36:29 Does permitting change?00:37:12 Any water update?00:38:13 What’s the permitting path?00:40:57 When does baseline work start?00:42:31 What does “approval” mean?00:44:11 How big is permitting spend?00:44:49 When is FID expected?00:46:36 What’s the biggest bottleneck?00:48:28 What’s the near-term risk?00:49:54 How should I judge Viva Gold?00:53:27 VERY Important Warning - DO NOT SKIPThis is a Viva Gold interview with CEO, James Hesketh.