Vista Gold publishes investor presentation on Mt Todd standalone development strategy, feasibility economics
VGZ•Balance sheet snapshot
The company reported USD 49.5 million in cash at June 30, 2026, with no debt and 145,900,000 shares outstanding.
Resource and reserve update
Vista Gold said Mt Todd has mineral reserves of 5.2 million oz gold and mineral resources of 10.6 million oz gold.
Mt Todd standalone development plan
Vista Gold outlined a standalone development plan for its Mt Todd gold project in Australia, targeting first gold in late 2029.
2025 feasibility study economics
The 2025 feasibility study for a 15,000 tpd operation estimated initial capex of USD 425 million and average output of 153,000 oz/year in years 1-15.
Study metrics included:
- After-tax NPV5% of USD 1.1 billion
- IRR of 27.8% at USD 2,500/oz gold
- Payback of 2.7 years
