# Vista Gold Investor Presentation Apr 2026 WEBSITE 042326

Source Brief: https://evesgoldminers.com/research/source-briefs/vista-gold-2026-04-23-vista-gold-investor-presentation-apr-2026-website-042326-6ff56323
Original source: https://vistagold.com/images/pdf/presentation/2026/Vista%20Gold%20Investor%20Presentation_Apr%202026_WEBSITE_042326.pdf
Original published: 2026-04-23
EGM generated: 2026-09-04
Company: Vista Gold (VGZ)

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# Vista Gold Investor Presentation Apr 2026 WEBSITE 042326

Source: https://vistagold.com/images/pdf/presentation/2026/Vista%20Gold%20Investor%20Presentation_Apr%202026_WEBSITE_042326.pdf
Published: 2026-04-23T00:00:00+00:00
Fetched: 2026-05-05T09:40:46.202+00:00
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## Content

# Vista Gold Investor Presentation Apr 2026 WEBSITE 042326
April 2026
MT TODD GOLD PROJECT
VALUE REALIZATION THROUGH
DISCIPLINED EXECUTION
VGZ
NYSE American & TSX
Information contained in this presentation, unless otherwise noted,
CAUTIONARY STATEMENT has been prepared and issued by and on behalf of Vista Gold Corp.
Summary: If you are risk-averse you should not buy shares in Vista Gold Corp. (the “Company” or “Vista”). Unexpected Company’s latest Annual Report on Form 10-K as filed in March 2026 and other documents filed with the U.S. Securities
events happen and may change forecasts and targets. This presentation should be read in conjunction with Vista’s most and Exchange Commission and Canadian securities regulatory authorities. Although we have attempted to identify
current Forms 10-K and 10-Q available on EDGAR at www.sec.gov and SEDAR+ at www.sedarplus.ca. All dollar amounts important factors that could cause actual results to differ materially from those described in forward-looking statements and
are in U.S. dollars. forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.
Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking
This presentation contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, information, whether as a result of new information, future events or otherwise. The words “estimate”, “plan”, “anticipate”,
and the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”), and forward-looking information within “expect”, “intend”, “believe”, “will”, “may” and similar expressions are intended to identify forward-looking statements and
the meaning of Canadian securities laws. All statements, other than statements of historical facts, are forward looking forward-looking information. These statements involve known and unknown risks, uncertainties, assumptions, and other
statements. These include statements relating to activities, events or developments that Vista expects or anticipates will or factors which may cause our actual results, performance, or achievements to be materially different.
may occur in the future, including such things as, the Company’s continuing work and development on the Mt Todd gold
project; estimates of mineral reserves and mineral resources; projected project economics, including anticipated Vista Gold Corp. Qualified Person
production, average cash costs, all-in sustaining costs, after-tax NPV, IRR, capital requirements and expenditures,
operating costs, average tonne per day milling, mining methods, Mineral Reserves and Mineral Resources estimates; All scientific and technical information related to the 2025 Updated Feasibility Study contained herein has been prepared
project design, and life of mine; performance of and results of feasibility studies; the Company’s business strategy, by, or under the supervision of, Maria Vallejo, P.Eng., FAusIMM, Vista’s Director of Projects and Technical Services, a
including its believe that value realization will be achieved the disciplined execution of Mt Todd; the Company’s belief that
Mt Todd is among the largest development stage projects in Australia; the Company’s belief that the 2025 feasibility study Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and
confirms strong project economics and preserves expansion optionality; the Company is driving outcomes to achieve a subsection 1300 of Regulation S-K (“S-K 1300”) under the Exchange Act.
producer re-rating; the Company’s 2026 strategic objectives include prioritizing work to support the start of detailed
engineering and design in 2027, modifying existing permits to align with the 2025 feasibility study, building an Australian- Cautionary Note to Investors Regarding Estimates of Measured, Indicated and Inferred Resources and Proven and
based team to lead project development and operating activities, and completing testing and evaluations as recommended Probable Mineral Reserves
in the 2025 FS; the Company’s belief that the start of detailed engineering and design in 2027 would initiate a 27-month
design, construction, and commissioning process; the Company’s estimated completion dates for permit modifications; the We are subject to the reporting requirements of the Exchange Act and applicable Canadian securities laws, and as a result
Company’s belief that there is scarcity of large deposits in Tier 1 mining jurisdictions and that Mt Todd is too big to ignore; we report our mineral reserves and mineral resources according to two different standards. U.S. reporting requirements are
the Company’s belief that there is opportunity for resource growth; Mt Todd has been designed as an Australian project governed by S-K 1300. Canadian reporting requirements for disclosure of mineral properties are governed by NI 43-101.
with the goal of near term production; Mt Todd has been designed as a fit for purpose project and right sized for initial Both sets of reporting standards have similar goals in terms of conveying an appropriate level of confidence in the
development; the Company’s belief that Mt Todd appeals to investors and strategic partners; the Company’s belief that Mt disclosures being reported, but the standards embody slightly different approaches and definitions.
Todd has sustained leverage to the gold price; the Company’s belief that there is district-scale exploration potential within
the largely unexplored 1,337 km2 of contiguous exploration licenses which hosts known occurrences of precious and base In our public filings in the U.S. and Canada and in certain other announcements not filed with the SEC, we disclose proven
metals and are highly prospective for new discoveries; the Company’s belief that prior drilling within the boundaries of the and probable reserves and measured, indicated and inferred resources, each as defined in S-K 1300 and NI 43-101. As
mining licenses identified promising targets on the 24-km Batman-Driffield Trend with potential to add gold ounces to the currently reported, there are no material differences in our disclosed proven and probable reserves and measured,
resource base; the Company’s belief that the South Cross Lode is open at depth and along strike to the northeast, indicated and inferred resource under each of S-K 1300 and NI 43-101. The estimation of measured resources and
potentially connecting to other identified exploration targets; statements related to permits, authorizations and licenses, and indicated resources involve greater uncertainty as to their existence and economic feasibility than the estimation of proven
taxation and royalties; completion of future studies and exploration on the mining licenses including our understanding of and probable reserves, and therefore investors are cautioned not to assume that all or any part of measured or indicated
the Quigleys deposit; risks relating to the future effectiveness of the water treatment program and risks related to the resources will ever be converted into S-K 1300-compliant or NI 43-101-compliant reserves. The estimation of inferred
discharge of water into the Edith River; future business goals, strategy and plans, competitive strengths and project resources involves far greater uncertainty as to their existence and economic viability than the estimation of other
development; success of future joint ventures, partnerships or other arrangements on our properties; the potential categories of resources, and therefore it cannot be assumed that all or any part of inferred resources will ever be upgraded
monetization of our non-core assets including the mill equipment; and other such matters are forward-looking statements to a higher category. Therefore, investors are cautioned not to assume that all or any part of inferred resources exist, or
and forward-looking information. The material factors and assumptions used to develop the forward-looking statements and that they can be mined legally or economically.
forward-looking information contained herein include the following: no changes to laws or regulations impacting mine Unless otherwise indicated, the information contained in this presentation is derived from S-K 1300 Technical Report
development or mining activities, our approved business plans, mineral resource and reserve estimates and results of Summary, Mt Todd Gold Project 15,000 tpd Feasibility Study, Northern Territory, Australia, effective date July 29, 2025,
preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our and NI 43-101 Technical Report, Mt Todd Gold Project 15,000 tpd Feasibility Study, Northern Territory, Australia, effective
experience with regulators, assumed timing for regulatory approvals and studies anticipated and estimated costs and date July 29, 2025. S-K 1300 Technical Report Summary, Mt Todd Gold Project 50,000 tpd Feasibility Study, Northern
budget expenditures to continue to optimize and advance Vista’s core asset, our experience and knowledge of the Territory, Australia, effective date March 12, 2024, and NI 43-101 Technical Report, Mt Todd Gold Project 50,000 tpd
Australian mining industry and positive changes to current economic conditions and the price of gold and other such Feasibility Study, Northern Territory, Australia effective date March 12, 2024.
matters. When used in this presentation, the words “estimate,” “plan,” “anticipate,” “expect,” “intend,” “believe,” “will,” “if,”
“would,” “could,” and similar expressions are intended to identify forward-looking statements which may cause the actual
results, performance or achievements of Vista to be materially different from any future results, performance or
achievements expressed or implied by such statements. Such factors include, among others, uncertainty of resource and
reserve estimates, uncertainty as to the Company’s future operating costs and ability to raise capital; risks relating to cost
increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to
fluctuations in the price of gold and fluctuations in currency values; the inherently hazardous nature of mining-related
activities; potential effects on our operations of environmental regulations in the countries in which we operate; risks due to
legal proceedings; risks relating to political and economic instability in certain countries in which we operate; uncertainty as
to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as
those factors discussed under the headings “Note Regarding Forward-Looking Statements” and “Risk Factors” in the
VGZ | VISTA GOLD
1
VISTA GOLD CORP.
Realizing Shareholder Value Through
Disciplined Execution
Mt Todd is Among the Largest Development Stage
Projects in Australia
2025 Feasibility Study for 15 ktpd Operation Confirms
Strong Economics and Preserves Expansion Optionality
2026 Key Work Programs Underway Leading to Detailed
Engineering and Design in 2027
Executing Independent Development Strategy, but Open
to Strategic Transaction at Appropriate Valuation
Driving Outcomes to Achieve a Producer Re-Rating
Sources for all references to the 2025 Feasibility Study throughout this presentation:
S-K 1300 Technical Report Summary, Mt Todd Gold Project 15,000 tpd Feasibility Study, Northern Territory, Australia, effective date July 29, 2025
NI 43-101 Technical Report,

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