Vista Gold

Vista Gold holds the Mt Todd Gold Project, a leading development-stage gold deposit located in the Tier-1 mining jurisdiction of Northern Territory, Australia. Vista has defined a clear pathway to greater value creation, targeting the commencement of detailed engineering and design by early 2027. This milestone is expected to initiate a 27-month design, construction, and commissioning process.

Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside. The Project benefits from advanced local infrastructure, multiple development scenarios, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation.

In July 2025, Vista announced the results of its new 15,000 tonnes per day feasibility study for the Mt Todd project. The feasibility study marks a significant shift in the strategy for Mt Todd, demonstrating the potential for near-term development of a smaller initial project by prioritizing higher grade ore to the processing plant, significantly lowering initial capital costs, and incorporating contractors to reduce development and operational risks.

The results of the new feasibility study demonstrate a very attractive development alternative for Mt Todd. It positions Mt Todd as a project with technical and economic parameters that are comparable to several highly valued Australian gold producers. We continue to focus on advancing Mt Todd in ways that demonstrate the underlying value of the project and position it for near-term development.