Vista Gold Corp · AMEX:VGZ
Vista Gold — Investor Presentation (September 2024)
21 slides from Vista Gold's investor presentation, September 2024
Slide 1: Positioning Mt Todd as a Leading Development Opportunity
NYSE American | TSX VGZ September 2024 POSITIONING MT TODD AS A DEMONSTRATED FEASIBILITY LEADING DEVELOPMENT TIER 1 JURISDICTION OPPORTUNITY SHOVEL-READY
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Summary: If you are risk-averse you should not buy shares in Vista Gold Corp. Unexpected events happen and expenditures to continue to optimize and advance Vista’s core asset, our experience and knowledge of the may change forecasts and targets. This presentation should be read
Slide 3: Vista Gold Corp.
VISTA GOLD CORP. Building value on the strengths of the Mt Todd gold CAPITAL MARKETS Profile project Technical and financial strength demonstrated through Tight Capital Structure With No Debt feasibility study of a large-scale development plan Scoping study shows advantages to starting at a lower in
Slide 4: Mt Todd Gold Project
MT TODD GOLD PROJECT Large Scale, Permitted and Shovel-Ready with Demonstrated Feasibility1 7.8 Moz 1.6 Moz 7.0 Moz 16 Years 479koz Au2 92.2%2 $961/oz2 M&I Inferred Reserve LOM Avg. Annual Avg. Au Avg. AISC Resources Resources Production Recovery Mining friendly jurisdiction of Northern Territory, A
Slide 5: Brownfield Project with Excellent Infrastructure
Brownfield Project with EXCELLENT INFRASTRUCTURE EXISTING INFRASTRUCTURE REDUCES Development Risk Tailings Storage Fresh Water SHORTENS Timeline Facility Reservoir DRIVES Capital Costs Lower Batman Pit Plant Site Paved roads from the Stuart Highway Waste Rock to the plant site (~10 km) Dump Natural
Slide 6: Developer Valuations Lag Gold Price
DEVELOPER VALUATIONS Lag GOLD PRICE In the strong and rising gold price environment, senior gold producers have prospered, while developers have lagged Vista Gold’s share price has increased over the past two years, but trails gold price performance In a sustained, strong gold price environment, val
Slide 7: Decreasing Major Gold Discoveries
DECREASING MAJOR GOLD DISCOVERIES Shovel-ready projects like Mt Todd are positioned as valuable assets in an environment of decreasing major gold discoveries Scarcity of new discoveries will result in greater focus on optimizing existing projects and acquiring advanced stage projects Benefits of sho
Slide 8: A Strong and Rising Gold Price Environment
A STRONG and RISING GOLD PRICE ENVIRONMENT MT TODD We expect continued strength in the gold price For every US$100 increase DEMONSTRATES Vista and its shareholders will be major in gold price, the project NPV5% ROBUST PROJECT beneficiaries of a strong gold market and rising increases by approximatel
Slide 9: Committed to Sustainable and Socially Responsible Development
Committed to SUSTAINABLE AND SOCIALLY RESPONSIBLE Development ENVIRONMENTAL SOCIAL Transparent environmental management programs with Mt Todd team has achieved 1,028 consecutive days web-based reporting without a lost-time incident Successful treatment and discharge of over 11M cubic Strong relation
Slide 10: District-scale Exploration Potential
District-scale EXPLORATION POTENTIAL 1,581 km2 contiguous exploration licenses Largely unexplored, host to known occurrences of precious and base metals Highly prospective for new discoveries Prior drilling within boundaries of mining licenses Identified promising targets Potential to add 1.8 – 3.5
Slide 11: Positioning Mt Todd as a Leading Tier-1 Development Opportunity
Positioning MT TODD as a LEADING TIER-1 DEVELOPMENT OPPORTUNITY Mt Todd is a large, high-quality gold deposit in one of the most attractive mining jurisdictions in the world Starting a feasibility study this year, targeting: Capex of less than $400 million Production 150 – 200 koz gold per year High
Slide 12: Contact
Contact Pamela A. Solly Phone: (720) 981-1185 VP of Investor Relations Email: psolly@vistagold.com NYSE AMERICAN & TSX: VGZ www.vistagold.com
Slide 13: Appendix
APPENDIX
Slide 14: Proven Management Team
Proven MANAGEMENT TEAM Highly qualified Proven track record Management and Technical Team of Exploration, Development and Operations Successes Frederick H. Earnest Douglas L. Tobler Pamela A. Solly Brent Murdoch President, CEO and Director Chief Financial Officer Vice President, Investor Relations G
Slide 15: Experienced Board of Directors
Experienced BOARD OF DIRECTORS Effective Experienced Corporate Governance Board of Directors Tracy Stevenson John Clark Frederick Earnest Deborah J. Friedman Patrick Keenan Mike Sylvestre Chair Compensation Committee Chair President, CEO & Director Governance Committee Chair Audit Committee Chair HS
Slide 16: Mt Todd 2024 Updated Feasibility Study Summary
Mt Todd 2024 Updated FEASIBILITY STUDY SUMMARY Proven and probable reserves Economics reflect Q1 2024 costs including recent 6.98 million ounces of gold inflationary increases Reserve estimates conservatively based After-tax NPV5% $1.13 billion with 20.4% IRR on US$1,500 Au price and 0.35 g Au/t cut
Slide 17: Globally Competitive AISC
GLOBALLY COMPETITIVE AISC Mt Todd LOM AISC expected to be lower than Junior and Intermediate Peer Median 1 Junior Producer Peers $2,006 $1,519 $1,464 $1,423 $1,360 $1,305 $1,243 Median $1,274 US$/oz $1,081 $1,081 $1,063 $961 $864 Argonaut Mandalay Victoria McEwen Mining Resolute Wesdome Gold Road Pe
Slide 18: Mt Todd Reserves and Resources
Mt Todd RESERVES AND RESOURCES BATMAN DEPOSIT HEAP LEACH DEPOSIT QUIGLEYS DEPOSIT TOTAL Tonnage Grade Contained Tonnage Grade Contained Tonnage Grade Contained Tonnage Grade Contained 000 tonnes g/t Au 000 oz Au 000 tonnes g/t Au 000 oz Au 000 tonnes g/t Au 000 oz Au 000 tonnes g/t Au 000 oz Au PROV
Slide 19: Detailed Flowsheet
Detailed FLOWSHEET SOLD Pre-Leach Conditioning il | Cyclones | Cyclones Eas Carbon Safety i Screens Leaching __. : : ~~ : VXP Mills VXP Mills Tanks x5 i x5 To Tailings a Detox Tanks Coarse Ore Secondary Cone Crusher To Tailings Stockpile x2 ae Loaded : Carbon ——emyeenre ” CIP Adsorption Tanks Cyclon
Slide 20: Applying Proven Technologies
Applying PROVEN TECHNOLOGIES Ore Sorting Fine Grinding # of Sorted Throughput/ Total Sorting Sorter Belt Commodity Country Units Particle Size Unit Year Country Application Quantity Model Tonnage Method Width (m) Installed (mm) (tonnes/hr) (dtph) 1 1.2 14x22 31 2012 South Africa Gold tailings treatm
Slide 21: NYSE American & TSX: VGZ
NYSE AMERICAN & TSX: VGZ www.vistagold.com