Vista Gold outlines Mt Todd standalone development plan, targets late-2029 first gold
VGZ•Balance sheet and share count
Cash was USD 49.5 million at June 30, 2026; debt was nil; shares outstanding were 145,900,000.
Project work programs and timing
Work programs focus on permit modifications, optimization, and front-end engineering; detailed engineering and design are targeted for 2027.
Vista Gold is targeting late-2029 first gold.
Mt Todd standalone development plan and 2025 feasibility study
Vista Gold released an investor presentation outlining a standalone development plan for the Mt Todd gold project in Australia’s Northern Territory.
- 2025 feasibility study for a 15 ktpd operation: initial capex USD 425 million; average output 153,000 oz/year in years 1–15.
- Economics at USD 2,500/oz gold: after-tax NPV(5%) USD 1.06 billion; after-tax IRR 27.8%; payback 2.7 years.
