• Data Access
  • Your Email  
  • Your Email  
Keep me signed in.
Forgot your password?
Close
  • Forgot Your Password?
  • Enter the email you signed up with and we'll email it to you.
  • Your Email  
Close
Back
MDO
Mining Data Solutions
  • Home
  • Database
  • Subscribe
  • Sign In
  • Sign In
Australia
Mt Todd Project

This page is not tailored to
devices with screen width under 750 px.
 Location:
230 km SE from Darwin, Northern Territory, Australia

  Project Contacts:
Level 1, 43 Cavenagh House Cavenagh Street
GPO Box 3449
Darwin
Northwest Territories, Australia
0801
Phone  ...  Subscription required
Fax+61-8-8941-9108
WebsiteWeb
Additional Resources for Suppliers & Investors
Drill results over 30 g/t Au
Stay on top of recent discoveries.
Search drill results by commodity and grade.
Largest mines in the Americas
Mining and mill throughput capaciites.
Full profiles of select mines and projects.
Deepest underground mines
Shaft depth and mill throughput data.
Full profiles of select mines and projects.
Heavy mobile equipment
HME type, model, size and quantity.
Full profiles of select mines and projects.
Permitting and construction projects
Projects at the permitting or construction stage. Full profiles of select projects.
Mines with remote camps
Camp size, mine location and contacts.
Full profiles of select mines and projects.
Mines & projects in Australia
A list of country's mines and projects.
Full profiles of select mines and projects.
  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Fleet
  • Personnel
  • Filings & News

Thank you for browsing through mine profiles compiled by the Mining Data Online team.

Would you like to subcribe or schedule a Demo?
  • Name:
     
  • Company:
     
  • Position:
     
  • Phone:
  • Email:
  • Message:

Overview

StagePermitting
Mine TypeOpen Pit
Commodities
  • Gold
  • Copper
Mining Method
  • Truck & Shovel / Loader
Processing
  • Hydrochloric acid (reagent)
  • Smelting
  • Carbon re-activation kiln
  • Dewatering
  • Agitated tank (VAT) leaching
  • Carbon in pulp (CIP)
  • AARL elution
  • Carbon adsorption-desorption-recovery (ADR)
  • Solvent Extraction & Electrowinning
  • Laser sorting
  • X-Ray sorting
  • Cyanide (reagent)
Mine Life13 years (as of Jan 1, 2019)
Underperformance of the project and higher operating costs led to the mine being closed and placed on care and maintenance on November 14, 1997.

In September 2019, Vista Gold Corp. announced the positive results of an updated preliminary feasibility study for Mt Todd and subsequently amended this study in September 2020 to correct and/or clarify certain items (the “2019 PFS”). In February 2022, Vista Gold Corp. published Feasibility Study for the Mt Todd Gold Project.

All major operating and environmental permits have now been approved.

Vista Gold’s 11 tonnes per year Mt Todd in the Northern Territory is expected to restart in the March quarter 2024.
Latest NewsVista Gold Corp. Announces 2021 Financial Results and Files Feasibility Study for the Mt Todd Gold Project     February 24, 2022


Owners

Source: p. 31
CompanyInterestOwnership
Vista Gold Corp. 100 % Indirect
Vista Gold Australia Pty Ltd. (operator) 100 % Direct
Vista Gold Corp. holds Mt Todd through its wholly-owned subsidiary Vista Gold Australia Pty. Ltd.

Deposit Type

  • Orogenic
  • Vein / narrow vein
  • Intrusion related


Summary:

The Batman and Quigleys gold deposits of the Mt Todd Mine are formed by hydrothermal activity, concomitant with retrograde contact metamorphism and associated deformation, during cooling and crystallization of the Tennysons Leucogranite and early in D2.

The deposits are similar to other gold deposits of the porphyry copper gold (PCG) and are classified as orogenic gold deposits in the subdivision of thermal aureole gold style. The Batman deposit shares some characteristics with intrusion-related gold systems, especially in terms of the association of gold with bismuth and reduced ore mineralogies. This makes the deposit unique in the PCG.

The geology of the Batman deposit consists of a sequence of hornfelsed interbedded greywackes, and shales with minor thin beds of felsic tuff. Bedding is striking consistently at 325°, dipping at 40° to 60° to the southwest. Minor lamprophyre dykes trending north-south pinch and swell, cross cutting the bedding.

Northerly trending quartz sulfide veins and joints striking at 0° to 20°, dipping to the east at 60° are the major location for mineralization in the Batman deposit. The veins are 1 millimeter (mm) to 100 mm in thickness with an average thickness of around 8 mm to 10 mm. The veins consist of dominantly quartz with sulfides on the margins. The veining occurs in sheets with up to 20 veins per horizontal m. These sheet veins are the main source of mineralization in the Batman deposit.

A variety of mineralization styles occur within the Mt Todd area. Of greatest known economic significance are auriferous quartz-sulfide vein systems. These vein systems include the Batman, Jones, Golf, Quigleys and Horseshoe prospects, which occur within a north-northeast trending corridor, and are hosted by the Burrell Creek Formation. Tin occurs in a north-northwest trending corridor. The tin mineralization comprises cassiterite, quartz, tourmaline, kaolin, and hematite bearing assemblages, which occur as bedding to parallel breccia zones and pipes. Polymetallic Au, W, Mo, and Cu mineralization occurs in quartz-greisen veins within the Yinberrie Leucogranite; a late stage highly fractionated phase of the Cullen Batholith. The Batman Deposit extends approximately 2,200 m along strike, 400 m across dip and drill tested to a depth of 800 m. Drilling indicates the Batman mineralization to be open along-strike and down-dip.

The mineralization within the Batman deposit is directly related to the intensity of the north- south trending quartz sulfide veining. The lithological units impact on the orientation and intensity of mineralization.

Sulfide minerals associated with the gold mineralization are pyrite, pyrrhotite and lesser amounts of chalcopyrite, bismuthinite and arsenopyrite. Galena and sphalerite are also present, but appear to be postgold mineralization, and are related to calcite veining in the bedding plains and the east-west trending faults and joints.

Two main styles of mineralization have been identified in the Batman deposit. These are the north-south trending vein mineralization and bedding parallel mineralization.

The Quigleys deposit mineralization has a distinctive high-grade shallow dipping 30°-35° northwest shear zone extending for nearly 1 km in strike and 230 m vertical depth within a zone ofmore erratic lower grade mineralization.


Mining Methods

  • Truck & Shovel / Loader


Summary:

The Project is designed to be a conventional, owner-operated, large open-pit mining operation that will use large-scale mining equipment in a drill/blast/load/haul operation

The truck and shovel method provides reasonable cost benefits and selectivity for this type of deposit. Only open-pit mining methods are considered for mining at Mt Todd.

Open pit ore totals 208 Mt grading 0.84 g/t and contains 5.6 Moz of gold. Open pit production will have a 2.5:1 strip ratio over the 13-year LoM. Upon completion of conventional mining, the existing heap leach pad will be processed.


Crushing and Grinding
Flow Sheet: Source
Crusher / Mill TypeModelSizePowerQuantity
Gyratory crusher 1
Cone crusher ....................... Subscription required 2
High Pressure Grinding Rolls (HPGR) ....................... Subscription required 2650 kW 2
Ball mill 2
Vertical mill / Tower ....................... Subscription required 10

Summary:

Crushing Modeling
The run of mine ore from the pit is expect to have a maximum particle size of 1000 mm and F80 to the primary crusher of 400 mm. Two stages of crushing, primary and secondary are required to reduce particle size to a P80 of 31.5 mm, required as feed to the HPGR tertiary crushers. A single gyratory crusher is sized for the primary duty reducing ore size to a nominal P80 of 130 mm. Two secondary cone crushers operating in parallel and in closed circuit with two sizing screens cutting at 40 mm, are used to produce the feed to the HPGRs at product size P80 of 31.5 mm.

Primary Crusher
The primary crusher power was calculated using both the FLSmidth gyratory calculation model and the Metso Bruno model. Using the CWi of 20 kWh/t and a fall through percentage of zero to simulate peak conditions, both models provided peak primary crushing power requirements of a nominal 574 kW and 576 kW respectively to reduce a feed F80 of 400 mm to a product P80 of 130 mm.

Secondary Crushers
Secondary crushing with closed circuit screening was modelled by FLSmidth. Two Raptor 1300 cone crushers operating in parallel are used to reduce the primary crusher product to a final product P80 of 31.5 mm, for the 50,000 tpd Base Case.

HPGR
HPGR power requirements to reduce the HPGR feed to a final product P80 of 3.25 mm was shown by the Polysius testwork to be 1.9 kWh per tonne of feed to the HPGR. The feed to the HPGR is the sum of new feed plus the recirculating load screen oversize material, less Ore Sorting reject. The total feed to the HPGR is two times the fresh feed rate. HPGR testwork supported vendor recommendations for two HPGR Polycom PM8-24/17, each equipped with 2 x 2,650 kW drives.

Grinding and Classification
Two Ball mills will be used. The parallel Ball Mill circuits are in a conventional configuration. Fresh feed from the fines screens underflow will gravitate to the mill discharge hopper and will be pumped together with the mill discharge slurry to the Cyclones. The cyclone underflow will gravitate to the ball mill feed. The overflow will gravitate to the Secondary Grind feed sump. The secondary grinding cyclone overflow will be pumped to the pre-leach thickener and the underflow will be sent to the VXP mills for secondary grinding. An automated ball charging system will be provided to deliver approximately 15 tonnes of balls per day to each mill.


Processing

  • Hydrochloric acid (reagent)
  • Smelting
  • Carbon re-activation kiln
  • Dewatering
  • Agitated tank (VAT) leaching
  • Carbon in pulp (CIP)
  • AARL elution
  • Carbon adsorption-desorption-recovery (ADR)
  • Solvent Extraction & Electrowinning
  • Laser sorting
  • X-Ray sorting
  • Cyanide (reagent)

Flow Sheet: Subscription required

Summary:

The flowsheet consists of primary crushing, closed circuit secondary crushing, closed circuit tertiary crushing using high pressure grinding rolls (HPGRs), ore sorting, two-stage grinding, cyclone classification, pre-leach thickening, leach and adsorption, elution electrowinning and smelting, carbon regeneration, tailings detoxification and disposal to conventional tailings storage facility (TSF).

Process recovery was determined based on ore types. Three ore types, sulfide, mixed, and oxide were identified for the open pit and will have recoveries of 92.9%, 91.8%, and 91.5%, respectively. The heap leach pad will have a recovery of 90.7%. An additional 1% for net solution loss is applied to all the deposits and heap leach which results in a LoM average recovery of 91.9%.

Based on thickener sizing parameters received from RDI Minerals, that were based on additional 2019 rheology and settling test work undertaken by Pocock Industrial for a final grind size of 40um, ........

Recoveries & Grades:

CommodityParameterAvg. LOM
Gold Recovery Rate, % 91.9
Gold Head Grade, g/t 0.82

Projected Production:

CommodityUnitsDaily
Gold koz  ......  Subscription required
All production numbers are expressed as metal in doré.
Subscription required - Subscription is required.

Operational Metrics:

Metrics
Stripping / waste ratio 2.52 *
Daily ore mining rate 50,000 t *
Waste tonnes, LOM 522,990 kt *
Ore tonnes mined, LOM 207,687 kt *
Total tonnes mined, LOM 730,677 kt *
Daily processing capacity 50,000 t *
Tonnes processed, LOM 200,273 kt *
Annual processing capacity 17.8 Mt *
* According to 2019 study.

Reserves at September 10, 2019:
Batman and Quigleys resources are quoted at a 0.40g-Au/t cut-off grade. Heap Leach resources are the average grade of the heap, no cut-off applied.
Batman deposit reserves are reported using a 0.40 g-Au/t cutoff grade.

CategoryTonnage CommodityGradeContained Metal
Proven 72,672 kt Gold 0.88 g/t 2,057 koz
Probable 148,369 kt Gold 0.79 g/t 3,791 koz
Proven & Probable 221,041 kt Gold 0.82 g/t 5,848 koz
Measured 78,319 kt Gold 0.88 g/t 2,213 koz
Indicated 220,767 kt Gold 0.8 g/t 5,661 koz
Measured & Indicated 299,086 kt Gold 0.82 g/t 7,874 koz
Inferred 65,304 kt Gold 0.77 g/t 1,608 koz

Commodity Production Costs:

CommodityUnitsAverage
Cash costs Gold USD  ......  Subscription required *
Total cash costs (sold) Gold USD  ......  Subscription required *
All-in sustaining costs (sold) Gold USD  ......  Subscription required *
Assumed price Gold USD  ......  Subscription required *
* According to 2019 study / presentation.
Subscription required - Subscription is required.

Operating Costs:

Units2019
OP mining costs ($/t mined) USD 1.82 *
OP mining costs ($/t milled) USD  ......  Subscription required
Processing costs ($/t milled) USD  ......  Subscription required
G&A ($/t milled) USD  ......  Subscription required
Total operating costs ($/t milled) USD  ......  Subscription required
* According to 2019 study.
Subscription required - Subscription is required.

2019 Study Costs and Valuation Metrics :

MetricsUnitsLOM Total
Initial CapEx $M USD  ......  Subscription required
Sustaining CapEx $M USD  ......  Subscription required
Closure costs $M USD  ......  Subscription required
Total CapEx $M USD  ......  Subscription required
OP OpEx $M USD  ......  Subscription required
Processing OpEx $M USD 1,743
Site services costs $M USD 35
Refining costs $M USD  ......  Subscription required
G&A costs $M USD 246.3
Total OpEx $M USD  ......  Subscription required
Income Taxes $M USD  ......  Subscription required
Royalty payments $M USD  ......  Subscription required
Gross revenue (LOM) $M USD  ......  Subscription required
Operating margin (LOM) $M USD  ......  Subscription required
Net Income (LOM) $M USD  ......  Subscription required
Pre-tax Cash Flow (LOM) $M USD  ......  Subscription required
After-tax Cash Flow (LOM) $M USD  ......  Subscription required
Pre-tax NPV @ 5% $M USD  ......  Subscription required
After-tax NPV @ 5% $M USD  ......  Subscription required
Pre-tax IRR, %  ......  Subscription required
After-tax IRR, %  ......  Subscription required
After-tax payback period, years  ......  Subscription required
Subscription required - Subscription is required.

Proposed Heavy Mobile Equipment as of September 10, 2019:
HME TypeModelSizeQuantity
Backhoe ....................... Subscription required 1.5 cu. m ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
Subscription required - Subscription is required.

Mine Management:

Job TitleNamePhoneEmailProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Sep 22, 2020
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required Subscription required Dec 2, 2021
....................... Subscription required ....................... Subscription required Subscription required Dec 2, 2021
Subscription required - Subscription is required.

Staff:

Total WorkforceYear
Subscription required 2020

Corporate Filings & Presentations:

DocumentYear
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2019
................................... Subscription required 2019
Pre-Feasibility Study Report 2014
Subscription required - Subscription is required.

News:

NewsDate
Vista Gold Corp. Announces 2021 Financial Results and Files Feasibility Study for the Mt Todd Gold Project February 24, 2022
Vista Gold Announces Feasibility Study Delivering 7 Million Ounce Gold Reserve Underpinning Large-Scale Production at High Operating Margins over a 16-Year Mine Life February 9, 2022
Vista Gold Corp. Announces Final Results from Phase 2 Drilling at Mt Todd September 22, 2021
Vista Gold Corp. Announces Drill Results at Mt Todd June 30, 2021
Vista Gold Corp. Receives Key Aboriginal and Water Authorizations for the Mt Todd Gold Project June 17, 2021
Vista Gold Corp. Achieves Significant Milestone with Approval of the Final Major Authorization for Mt Todd June 14, 2021
Vista Gold Corp. Announces Drill Results for Step-out Drilling at the Mt Todd Gold Project, Including a 162 Grams of Gold per Tonne Intercept May 19, 2021
Vista Gold Corp. Announces Mineralized Intercept 500 Meters North of Batman Deposit and Provides Comprehensive Exploration Program Update March 24, 2021
Vista Gold Drilling Confirms Continuity and Grade in the North Extension at the Mt Todd Gold Project and Announces Plans to Add a Second Drill Rig March 18, 2021
Vista Gold Drilling Confirms North Extension of the Batman Core Zone at the Mt Todd Gold Project January 21, 2021
Vista Gold Corp. Files Final Short Form Base Shelf Prospectus October 6, 2020
Vista Gold Corp. Announces Positive Independent Benchmarking Results of the 2019 Updated Preliminary Feasibility Study for the Mt Todd Gold Project March 24, 2020
Vista Gold Corp. Files Updated Preliminary Feasibility Study For The Mt Todd Gold Project October 7, 2019
Vista Gold Announces Updated Preliminary Feasibility Study for the Mt Todd Gold Project... September 10, 2019
Vista Gold Announces Updated Mt Todd Preliminary Feasibility Study Showing Strong Returns At US$1300 Gold Price January 24, 2018

Aerial view:

Subscription required - Subscription is required.

Terms of Use Privacy Policy © 2017-2022 MDO Data Online Inc.