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Vista Gold Corp.
Summary
| Project: | Mt Todd | |
|---|---|---|
| Deposit: | Mt Todd | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/13/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-9-2019: Vista Gold Corp. announces a Pre-Feasibility Study report for its Mt Todd deposit at the Mt Todd project. Updated PFS results incl. post-tax NPV (5%) of $823M, IRR of 23.4%. Denver, Colorado, September 10, 2019 - Vista Gold Corp. (“Vista” or th | |
| Resources: | (Reserve, P+P): 221.041Mt @ 0.82g/t Au at project | |
| CP/QP: | [Resources]: Rex Bryan (Tetra Tech/Coffey Mining Ltd.) | |
| ABSTRACT: | Denver, Colorado, September 10, 2019 - Vista Gold Corp. (“Vista” or the “Company”) (NYSE American and TSX: VGZ) today announced the positive results of an updated preliminary feasibility study (the “PFS”) for its Mt Todd gold project (“Mt Todd” or the “Project”) in Northern Territory, Australia. The PFS is based on the results of metallurgical optimization test work, a redesign of the fine grinding circuit, construction and ramp-up schedule changes and a comprehensive review of all aspects of the Project, including an independent benchmarking study of key PFS parameters. The process improvements have resulted in improved projected gold recovery and increased estimated gold production at Mt Todd. All dollar amounts stated herein are in United States currency and are expressed as $ unless specified otherwise. References to A$ are to Australian dollars. | |
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