Vista Gold Corp · AMEX:VGZ
Vista Gold — Investor Presentation (May 2023)
23 slides from Vista Gold's investor presentation, May 2023
Slide 1: Building Shareholder Value with One of Australia's Largest Undeveloped Gold Projects
Corporate Presentation | May 2023 NYSE American | TSX: VGZ BUILDING SHAREHOLDER VALUE WITH ONE OF AUSTRALIA’S LARGEST AND MOST ADVANCED UNDEVELOPED GOLD PROJECTS
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 may Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company’s change forecasts and targets. This presentation shoul
Slide 3: World-Class Gold Project
WORLD-CLASS GOLD PROJECT Tier 1 Mining De-Risked and Jurisdiction Development Ready Potential to be one of Australia’s Mt Todd Top 5 Gold Reserves: 6.98M oz Au Leverage to Producers Years 1 – 7 Rising Gold 479,000 oz Au/yr US$860/oz AISC Exploration Social, Environmental Upside Weathered gold veins
Slide 4: Recent Achievements – Mt Todd Internal Scoping Study
RECENT ACHIEVEMENTS – MT TODD INTERNAL SCOPING STUDY Demonstrated Potential for Initial Smaller-Scale or Staged Development Completed internal scoping study for smaller-scale, easier to build project Evaluated 15,000 tonne per day operation (nominal 5.2 Mtpa) Analyzed technical and economic merits o
Slide 5: Capital Markets Profile
CAPITAL MARKETS PROFILE Gold Focused Institutional Tight Capital Structure with No Debt Holders & Insiders Symbol (NYSE American & TSX) VGZ Sun Valley 16.6% Share Price (May 1, 2023) US$0.72 Euro Pacific Gold Fund 4.6% Shares Outstanding1 119.7M Lowes Corp. 2.9% Market Capitalization US$86.2M Kopern
Slide 6: Mt Todd – Positioned to Be One of Australia's Largest Gold Mines
MT TODD – POSITIONED TO BE ONE OF AUSTRALIA’S LARGEST GOLD MINES Tier 1 Mining $130 Million of Existing Demonstrated Jurisdiction Site Infrastructure Upside Safe and friendly mining jurisdiction Paved roads Exploration targets with potential Globally ranked top 20 for investment Natural gas pipeline
Slide 7: Culture of Environmental, Social and Governance Achievements
CULTURE OF ENVIRONMENTAL, SOCIAL AND GOVERNANCE ACHIEVEMENTS Environmental Social Governance Vista has a track record of improving Excellent relationships with the Jawoyn Committed to good corporate governance: environmental conditions and protecting water people, local stakeholders and NT Promote t
Slide 8: Large Scale and Easily Accessible
LARGE SCALE AND EASILY ACCESSIBLE Less than 30-minute drive from Katherine, Access to key suppliers and skilled regional population of 18,000 labor in Northern Territory ~250 km southeast of port city of Darwin 1 Refer to the table of Resources and Reserves on slide 17. 479K oz Au/year over the firs
Slide 9: Brownfield Project with Excellent Infrastructure
BROWNFIELD PROJECT WITH EXCELLENT INFRASTRUCTURE Existing Infrastructure Shortens Development Timeline and Reduces Development Costs Paved roads from the Stuart Highway to the plant site Natural gas pipeline to the site for future power generation Connection to the NT electric grid for construction
Slide 10: Optimized Flowsheet Efficiency with Proven Technology
OPTIMIZED FLOWSHEET EFFICIENCY WITH PROVEN TECHNOLOGY Proven technologies for an optimized, energy-efficient design Gold recovery estimated to be 91.6% Extensive metallurgical Enhanced project design testing since 2007 using proven technologies Addressed key issues: ore • Included ore sorting circui
Slide 11: Mt Todd Feasibility Study Summary
MT TODD FEASIBILITY STUDY SUMMARY Proven and probable reserves up 19% to 6.98 million ounces of gold Reserve estimates conservatively based on US$1,125 Au price and 0.35 g Au/t cut-off grade Economics1 reflect Q4 2021 costs including recent inflationary increases After-tax NPV5% $999.5 million with
Slide 12: Exploration Opportunity
EXPLORATION OPPORTUNITY District-Scale Exploration Potential 1,650 km2 contiguous exploration licenses, largely unexplored Identified targets with combined potential to add 1.8 to 3.5 million gold ounces to reserve base Advanced Targets Quigleys: potential higher-grade satellite deposit Golf-Tollis:
Slide 13: Partner Ready
PARTNER READY 12 NYSE American and TSX: VGZ | www.vistagold.com
Slide 14: Value Proposition
VALUE PROPOSITION WHY INVEST STRENGTH OF ASSET EXECUTION Drives the Vision Maximizes Valuation Mt Todd is one of Australia’s largest and Tier -1 mining jurisdiction Continue strategic process with CIBC most advanced undeveloped gold Reduce costs 6.98 million ounces1 P&P reserves projects In years 1-
Slide 15: NYSE American | TSX: VGZ www.vistagold.com
NYSE American | TSX: VGZ 14 www.vistagold.com
Slide 16: Proven Management Team
PROVEN MANAGEMENT TEAM Highly qualified Proven track record of management and exploration, development technical team and operations successes Frederick H. Earnest Douglas L. Tobler John W. Rozelle, P. Geo Pamela A. Solly Brent Murdoch President, CEO and Director Chief Financial Officer Senior Vice
Slide 17: Effective Corporate Governance
EFFECTIVE CORPORATE GOVERNANCE Tracy Stevenson John Clark Randy Eppler Chair Compensation Committee Chair HSE & Social Responsibility Chair Former director of Uranium President of Investment and Director of Golden Minerals Resources Inc., former director Technical Management Corp. and Plata Latina M
Slide 18: Mt Todd Reserves & Resources
MT TODD RESERVES & 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 Proven
Slide 19: Detailed Flowsheet
DETAILED FLOWSHEET 18 NYSE American and TSX: VGZ | www.vistagold.com
Slide 20: Mt Todd 2022 Feasibility Study NPV 5% & IRR Sensitivity
MT TODD 2022 FEASIBILITY STUDY NPV5% & IRR SENSITIVITY Mt Todd demonstrates robust project economics Capital and operating costs Based on Q4 2021 quotes Reflected inflationary cost increases experienced by all operators in mining industry to that date Project economics demonstrate resilience to thes
Slide 21: Applying Proven Technologies
APPLYING PROVEN TECHNOLOGIES Ore Sorting Fine Grinding Total Sorting Commodity Country # of Sorter Sorted Throughput/ Year Country Application Qty Model Tonnage Method Units Belt Particle Size Unit Installed Width (m) (mm) (tonnes/hr) (dtph) XRT Tin Peru 1 1.2 14x22 31 2012 South Africa Gold tailing
Slide 22: Independent Consultant Reports
INDEPENDENT CONSULTANT REPORTS “NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study, Northern Territory, Australia,” effective date CPEng, Proteus EPCM Engineers, Anthony Clark, PE, Power Engineers, Jagrut Jathal, PE, Knight Piesold, Benjamin S. Johnson, PE, Sept
Slide 23: Contact
NYSE AMERICAN & TSX: VGZ www.vistagold.com Contact Pamela A. Solly VP of Investor Relations 7961 Shaffer Parkway, Suite 5 Littleton, CO, 80127 Phone: (720) 981-1185