Vista Gold Corp. Mt Todd Gold Project 2023 Development Plan

Vista Gold Corp. presents a staged development strategy for its Mt Todd gold project in Australia, evaluating a smaller-scale 5 million tonne per year alternative with initial capex below US$350 million and projected annual production of 150,000-200,000 gold ounces. The approach balances lower initial investment with potential for expansion to become a top-tier gold producer while leveraging existing infrastructure and exploration upside of 1.8-3.5 million ounces.