Mt Todd Project Annual Report for the period ended 4 March 2015 Mount Todd Project MLN 1070, MLN 1071, MLN 1127

Abstract

The three mineral leases, MLN 1070, MLN 1071 and MLN 1127 comprise a portion of the Mount Todd Project area and cover 54.15 square km (4% of the project area). The mineral leases are situated approximately 42 km north of the town of Katherine. This annual report documents the work completed on the leases comprising MLN 1070, MLN 1071 and MLN 1127 for the period March 5, 2013 to March 4, 2014. The leases were originally granted on 5 March 1993 and were transferred to Vista Gold Australia Pty Ltd. by the Northern Territory Government on June 15, 2006. Vista Gold Australia Pty Ltd. is the operator and manages the exploration work. Work on the project during the Reporting Year was focussed on the Pre-feasibility / feasibility study, environmental impact study metallurgical testing of Quiglies and water management activities.