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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

Post by geolteacheron Dec 10, 2024 10:19am
56 Views
Post# 36354561

cant wait to see the new study

cant wait to see the new studydropping the initial capex to $400M, increasing the head grade to 1 g/T, producing at 150-200K oz/yr. The new economic study will be much more compelling. Plus, it'll be based at a higher Au price.

very glad they'll structure it to be amenable to a scale-up.
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