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Mt Todd Gold Project Reserves, Base Case (50,000 tpd) 0.40 g Au/t cut-off. Reserves calculated at $1,250 per ounce gold price
 
Batman Deposit Heap Leach Deposit
Tonnes (000’s) Grade (g/t) Contained Ounces Tonnes (000’s) Grade (g/t) Contained Ounces
Proven 72,672 0.88 2,057
Probable 135,015 0.82 3,559 13,354 0.54 232
Proven & Probable 207,687 0.84 5,616 13,354 0.54 232
 
Quigleys Deposit Total
  Tonnes (000’s) Grade (g/t) Contained Ounces Tonnes (000’s) Grade (g/t) Contained Ounces
Proven 72,672 0.88 2,057
Probable 148,369 0.79 3,791
Proven & Probable 221,041 0.82 5,848

Mt Todd Gold Project Resources @ 0.40 g Au/t cut-off
 
Batman Deposit Heap Leach Deposit
Tonnes (000’s) Grade (g/t) Contained Ounces Tonnes (000’s) Grade (g/t) Contained Ounces
Measured (1) 77,725 0.88 2,191
Indicated (1) 200,112 0.80 5,169 13,354 0.54 232
M&I 277,837 0.82 7,360 13,354 0.54 232
Inferred 61,323 0.72 1,421
 
Quigleys Deposit Total
  Tonnes (000’s) Grade (g/t) Ounces (000’s) Tonnes (000’s) Grade (g/t) Contained Ounces
Measured (1) 457 1.27 19 78,182 0.88 2,210
Indicated(1) 5,743 1.12 207 219,209 0.80 5,608
M&I 6,200 1.13 225 297,391 0.82 7,818
Inferred 1,600 0.84 43 62,923 0.72 1,464

(1) Includes Proven and Probable Reserves
Note:

  • Measured & Indicated Resources include Proven and Probable Reserves. Batman reserves are calculated at a 0.40 g Au/tonne cut-off grade and US$1250 per ounce gold price. Batman and Quigleys resources are quoted at a 0.40g Au/t cut-off grade. Heap Leach reserves and resources are the average grade of the heap, no cut-off applied as all of this material is processed. Economic analysis conducted only on proven and probable reserves.
  • Rex Bryan of Tetra Tech is the Qualified Person responsible for the Statement of Mineral Resources for the Batman, Heap Leach Pad and Quigleys deposits. Thomas Dyer of Mine Development Associates is the Qualified Person responsible for developing reserves for the Batman deposit. Deepak Malhotra of Resource Development Inc. is the Qualified Person responsible for developing reserves for the heap leach.
  • All scientific and technical information contained herein has been prepared by, or under the supervision of, John Rozelle, Vista’s Senior Vice President, a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

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