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Vista Gold Corp. T.VGZ

Alternate Symbol(s):  VGZ

Vista Gold Corp. (NYSE American and TSX: VGZ) holds the Mt Todd gold project, a shovel-ready development-stage deposit located in Northern Territory, Australia. Mt Todd offers significant scale, development optionality, growth opportunities, advanced local infrastructure, community support, and demonstrated economic feasibility. All major operating and environmental permits necessary to initiate development of the Project are in place. A feasibility study was completed in 2022 and updated in 2024 demonstrating strong economics for development of a large-scale, 50,000 tonnes per day operation. Later this year, Vista Gold plans to start a feasibility study targeting 150,000 to 200,000 ounces of annual gold production with initial capital costs of less than $400 million. The Company is focused on positioning Mt Todd as a leading development opportunity.


TSX:VGZ - Post by User

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Post by Betteryear2on Oct 31, 2024 8:37am
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Post# 36290278

Phase 2 Drilling Continues to Intercept High Grade Gold

Phase 2 Drilling Continues to Intercept High Grade Gold

DENVER--()--Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced additional results from Phase 2 of its 2024 drilling program at the Company’s Mt Todd gold project (“Mt Todd” or the “Project”) located in Northern Territory, Australia. Phase 2 drilling continues in the South Cross Lode zone (the “SXL”), a narrower mineralized structure with high-grade intercepts that is adjacent to the Batman deposit and presently extends up to 400 meters northeast.

Vista Gold Phase 2 Drilling Continues to Intercept High Grade Gold Mineralized Intervals in the South Cross Lode at Mt Todd | Business Wire


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