Vista Gold announced that work on an internal scoping study for development of Mt Todd at a smaller initial scale
In 2023, Vista Gold announced that work on an internal scoping study for development of Mt Todd at a smaller initial scale delivered promising results. The Company evaluated the technical and economic merits of smaller scale alternatives that contemplate significantly lower initial capital costs, while preserving the opportunity for subsequent staged development. Mt Todd benefits from its location in a leading mining jurisdiction and offers opportunities to add value through growth of mineral reserves, alter− native development strategies, and other de-risking activities. The Company continues to work with CIBC Capital Markets to identify and advance interest in Mt Todd and is focused on achieving a transaction that maximizes shareholder value.