Vista Gold Mt Todd Gold Project Staged Development January 2024

Vista Gold Corp. presents a lower initial capital expenditure strategy for its Mt Todd gold project in Australia, proposing a smaller-scale 5 million tonne per year development with initial capex under US$350 million and projected annual production of 150,000-200,000 ounces of gold. The staged development approach aims to reduce costs and construction timelines while preserving opportunities for expansion to achieve world-class production levels.