Director & General Manager Australia
CurrentFocused on progressing the Mt Todd Gold Mine in Australia into production.Vista’s 100% owned Mt Todd gold project is positioned to be one of Australia’s largest and lowest cost new gold producers. Located in Northern Territory, Australia (approximately 250 kilometers southeast of Darwin), Mt Todd contains more than 7.6 million ounces gold resources (measured and indicated categories) with significant deposit and district exploration expansion potential.Since acquiring the project in 2006 and completing a preliminary feasibility study in 2013, Vista has obtained approval of the Northern Territory environmental impact statement, satisfied all requirements for the federal environmental authorization, early 2018, and completed metallurgical testing/process area optimizations to reduce capital/operating costs and improve gold production. These improvements together with the current gold price, and foreign exchange rate are reflected in an updated preliminary feasibility study .Mt Todd is a “brownfield development” project with significant existing infrastructure including paved access from the major transportation corridor, a natural gas pipeline to site for future power generation, medium-tension power lines for present power needs, a fresh water reservoir, tailings impoundment facility, and readily available labor and technical personnel.Given the scale, attractive location and anticipated production/cost profile of the project, the Company is evaluating all options, including seeking a suitable partner to help develop the project, to improve shareholder value and minimize future shareholder dilution. The Mt. Todd gold project has significant exploration and district expansion potential across the project's more than 1,537 km2 of exploration licenses.
