Welcome to the Mount Todd Gold Mine

The Mt Todd mine site is located approximately 50km north of Katherine and 250 km south of Darwin. The site covers a mine tenement of 160,878 ha, which includes both the Batman and Quigleys gold deposits.

The site was acquired by Vista Gold and its wholly owned subsidiary Vista Gold Australia in 2006.

Vista Gold is currently working with the authorities to obtain the necessary permits for the mine and plans to issue a preliminary feasibility study of the Mt Todd gold project by mid 2013 ahead of a final investment decision later this year.

A favourable investment decision could see construction starting at Mt Todd in 2014 with production commencing in 2016. The mine will employ approximately 450 people during construction and 350 during operations.

Vista Gold announced on 18 March 2013 that the Batman deposit is now estimated to contain 7.40 million ounces in gold in the Measured and Indicated (M&I) categories and 1.73 million ounces in the Inferred category, a 285% increase from 1.92 million ounces in 2006.

Community Update: 7 March 2014

The Waste Discharge Licence Report relating to the controlled release in February is now available on this website on the Waste Discharge Licence page.

Below is an excerpt from the report.

Executive Summary

This report presents results and information pursuant to Condition 30 of WDL 178-2 that requires Vista Gold submit a periodic report to the NT EPA for each calendar month during which a discharge has occurred.

One controlled discharge compliant with the conditions of WDL 178-3 occurred over six days in February 2014. 217 ML of treated RP3 water discharged at a target dilution ratio of 1:132, derived from

Direct Toxicity Assessment performed on RP3 water sampled on the 25 November 2013.

Findings were as follows:

  • No analytes exceeded the Australian Drinking Water Guidelines 6, 2011, Table 10.5.

  • All discharge activities were compliant with Waste Discharge Licence 178-3

 

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