Mt Todd: The Largest Undeveloped Gold Project In Australia
Vista Gold is a gold project developer, their flagship asset is the Mt. Todd gold project in Northern Territory, Australia.
Not to mention, it is located in one of the best jurisdictions in the world for mining investment. Moreover, Mt Todd enjoys significant existing infrastructure, strong community support, well-advanced feasibility-level engineering, and exceptional exploration upside in the historic Pine Creek district.
Furthermore, the current Mt Todd project preliminary feasibility study confirms the lowest tertile in-country and global all-in sustaining costs. Thus, positions Mt Todd to potentially be Australia’s fourth-largest gold producer on an annual basis. At a US$1350 gold price and a US$0.70 per AUD exchange rate, the updated PFS reports an after-tax NPV5 of US$823 million and IRR of 23.4%.
Given the scale, attractive location, and anticipated production/cost profile of the project, they are evaluating strategic alternatives to develop the project with the goals of improving shareholder value and minimizing future shareholder dilution.
In addition to the Mt Todd gold project, Vista owns other assets that could be monetized in the future.
For more information on Vista Gold (TSX.V: VGZ) please click the investor request info button.