Latest News Release
September 11, 2023
Vista Gold is a gold project developer. Our flagship asset is the Mt Todd gold project in Northern Territory, Australia. If developed as presently designed, Mt Todd would potentially be one of Australia’s top 5 gold producers annually.
Have a look at our fact sheet: https://www.vistagold.com/investors/fact-sheet
Our Corporate Presentation: https://www.vistagold.com/images/pdf/presentation/2023/Vista_Gold_Investor_Presentation_Jun_2023_060123_AC.pdf
The recently completed Mt Todd feasibility study resulted in a 7 million-ounce gold reserve and a 16-year mine life. All of this, combined with the approval of all major operating and environmental permits, distinguishes Mt Todd as an attractive, de-risked, partner-ready development-stage gold project.
Mt Todd is a brownfield site, operated and abandoned in the 1990’s, with known point sources of acid rock drainage (ARD). With its acquisition of Mt Todd in 2006, Vista accepted the responsibility to manage the site and improve the environmental conditions. Protecting water quality in the Edith River has been a high priority.
Since the start of our involvement in the Mt Todd Project Vista has successfully:
Terminated the previous practice of discharging acidic, metalliferous solutions into the Edith River
Pioneered the use of micronized limestone as an efficient and cost-effective method of treating large volumes of acidic solutions
Implemented treatment protocols resulting in the treatment of over 11 million cubic meters (approximately 4,400 Olympic swimming pools) to a final pH of 7.2 and the removal of over 99.9% of the contained metals
Worked with the Northern Territory EPA to develop algorithms (based on extensive testing) to allow automated discharge of treated water in compliance with NT standards for the protection of flora and fauna in the waters of the NT
Adopted a policy of transparency and developed real-time, web-based reporting systems that allow the community to monitor our performance
Vista Gold is proud to be a responsible partner with the NT community in the protection of the water resources that are vital to the indigenous owners, local communities, agriculture and fishermen. We look forward to the construction of a new project at Mt Todd which will include a water treatment plant and engineered solutions to eliminate the generation of ARD in the future.