Vista Gold Advances Mt Todd Gold Project, Detailed Design Expected by 2027

Vista Gold announced continued progress at its Mt Todd gold project and outlined the pathway to initiate detailed engineering and design by early 2027. This milestone is expected to initiate a 27-month design, construction, and commissioning process. The Mt Todd Feasibility Study, which was completed in July 2025, demonstrated the potential for near-term development of a smaller initial project by prioritizing higher grade ore to the processing plant, significantly lowering initial capital costs, and incorporating contractors to reduce development and operational risks. The focus for 2026 is on establishing the foundation for the successful execution of the Mt Todd project. Vista has commenced efforts to obtain permit modifications and is actively engaged with consultants, regulators, and stakeholders. The company anticipates the approval of all modifications will be achieved by the end of this year. Completing recommendations presented in the 2025 FS is underway.