Vista Gold Corp. today announced its audited financial results for the year ended December 31, 2022, with cash totaling $8.1 million at year-end. During 2022, the Company successfully completed a feasibility study for the Mt Todd gold project , retained CIBC Capital Markets as a strategic advisor, concluded an 18-month drilling program, and significantly reduced costs. All dollar amounts in this press release are in U.S [...]
Vista Gold Corp. today provided a corporate update and discussed the Company's outlook for 2023. Frederick H. Earnest, President and CEO of Vista Gold commented, "During 2022, we completed a feasibility study for our Mt Todd gold project, concluded a drilling program to demonstrate district-scale resource growth potential, significantly reduced costs, and retained CIBC Capital Markets as a strategic advisor to support the [...]
Vista Gold Corp. today announced its unaudited financial results for the quarter ended September 30, 2022, highlighted by a cash position of $9.6 million. All dollar amounts in this press release are in U.S. dollars. Third Quarter Highlights Advanced the process with CIBC Capital Markets to seek a partner or other form of transaction to maximize shareholder value; Ended September 30, 2022 with a cash position of $9.6 [...]
Vista Gold Corp. today announced the following update regarding the Company's process to seek a partner or other form of transaction to maximize shareholder value from the Company's 100% owned Mt Todd gold project . The Company has advanced its strategic process for Mt Todd over the past year and, more formally, since announcing the appointment of CIBC Capital Markets as the Company's strategic advisor in March 2022 [...]
Vista Gold Corp. today announced its unaudited financial results for the quarter ended June 30, 2022, highlighted by a cash position of $11.1 million. All dollar amounts in this press release are in U.S. dollars. Second Quarter Highlights Advanced the process with CIBC Capital Markets to seek a partner or other form of transaction to maximize shareholder value; Announced favorable results upon successfully completing the [...]
Vista Gold Corp. today announced its successful completion of the exploration drilling program at its 100% owned Mt Todd gold project located in Northern Territory, Australia. Results from this program and historical sources demonstrate the resource growth potential within a 5.4 km trend extending immediately north from the Batman pit, including delineation of four highly prospective exploration targets. This press [...]
Vista Gold Corp. today announced its unaudited financial results for the quarter ended March 31, 2022, which are highlighted by reported cash totaling $12.8 million. All dollar amounts in this press release are in U.S. dollars. Frederick H. Earnest, President and Chief Executive Officer of Vista, commented, "As announced in February, we achieved a major milestone with the completion of the Feasibility Study for our [...]
Vista Gold Corp. today announced the voting results from its annual general and special meeting of shareholders held on Thursday, April 28, 2022 . A total of 67,896,888 common shares in the capital of the Company were represented at the meeting, being 57.55% of the Common Shares. Detailed results for the ballot votes for the election of directors are as follows: Proposal Votes For % Votes Withheld % Election of John M [...]
Vista Gold Corp. today announced that CIBC Capital Markets has been appointed as its strategic advisor to lead a formal process to assist Vista in evaluating a broad range of alternatives to unlock the value of the Company's 100% owned Mt Todd gold project and arranging an accretive transaction. Frederick H. Earnest, President and Chief Executive Officer, commented, "We are focused on maximizing shareholder value through [...]
Vista Gold Corp. today announced its audited financial results for the year ended December 31, 2021 and filed the feasibility study reports for its 100% owned Mt Todd Gold Project in the Northern Territory, Australia. The Company's 2021 financial results are highlighted by reported cash totaling $13.1 million at year-end 2021. Frederick H. Earnest, President and Chief Executive Officer of Vista, stated, "The size [...]
Vista Gold Corp. today announced the results of the feasibility study for its 100% owned Mt Todd gold project in the Northern Territory, Australia . Gold reserves increased 19% to 6.98 million ounces resulting in average annual production of 479,000 ounces of gold during the first seven years of commercial operations. With economics based on Q4 2021 costs, the Project is projected to deliver compelling cashflows over a [...]
Vista Gold Corp. today announced receipt of $2.5 million from PT Masmindo Dwi Area to exercise its option to cancel the remaining 50% of the Awak Mas net smelter return royalty. As announced on May 5, 2020 , PT Masmindo retained the right to pay Vista $2.5 million to exercise its option to cancel the remaining 50% of the Awak Mas NSR royalty, which included a 1.0% NSR royalty on the first 1,250,000 ounces of gold produced [...]