Advancement of Mt Todd Feasibility Study
The feasibility study for Mt Todd is progressing as planned, targeting a 60% reduction in capital costs, now estimated to be approximately $400 million. The goal is to complete the study by mid-2025.
Strong Safety Record
Vista Gold achieved 1,264 consecutive days without a lost-time accident on site, emphasizing their commitment to safety.
Solid Cash Position
The company ended the first quarter of 2025 with $15 million in cash and no debt, maintaining a strong financial position to support ongoing work at Mt Todd.
Positive Market Conditions
The gold price in Australian dollars is at record highs around $5,000 per ounce, which is favorable for the profitability of the Mt Todd project.