Vista Gold

Vista Gold holds the Mt Todd Gold Project, a ready-to-build development-stage gold deposit located in Northern Territory, Australia. Mt Todd offers significant scale, development optionality, growth opportunities, advanced local infrastructure, community support, and demonstrated economic feasibility.

We are positioning Mt Todd as a leading development opportunity within the gold sector. Our strategy is to advance Mt Todd in a disciplined and efficient manner that positions the project for development and delivers greater value to its shareholders.

Vista has launched a new feasibility study for the Mt Todd project, aiming to increase the reserve grade to 1 gram gold per tonne by applying a higher cut-off grade. The study also targets a 60% reduction in initial capex to $400 million, while maintaining average annual gold production of 150,000 to 200,000 ounces from a daily ore throughput of 15,000 tonnes. Completion of this feasibility study is expected mid-2025.

Ready-to-build projects like Mt Todd are especially attractive development opportunities in the current environment of a strong gold market and diminishing major deposit discoveries. We expect the scarcity of new discoveries will drive focus on optimizing existing operations and acquiring advanced stage projects. We believe our strategy of advancing Mt Todd with discipline will deliver a more fully valued project for our shareholders.