Vista holds the Mt Todd gold project, a development-stage gold deposit located in the Tier-1 jurisdiction of Northern Territory, Australia.
Vista is building value on Mt Todd’s strengths as a leading development opportunity within the gold sector. The Company’s strategy is to advance Mt Todd in a disciplined and efficient manner that positions the project for near-term development and delivers greater value to its shareholders.
Mt Todd offers strategic optionality through development as a large or mid-scale project. A feasibility study for Mt Todd was completed in 2022 and updated in 2024 demonstrating strong economics for development of a 50,000 tonnes per day (“tpd”), nominally 17.5 million tonnes per annum, operation.
In July 2025, Vista announced the results of a new 15,000 tpd Mt Todd feasibility study, nominally 5.2 million tonnes per annum, operation. The 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. See Vista’s news release dated July 29, 2025 for detailed results of the new feasibility study.
The Company expects its approach of a smaller-scale, near-term development project will appeal to existing gold producers and investors looking for high-quality gold assets in safe jurisdictions.
