For thousands of other reports visit RSC's Mineral Intellingence Map
Vista Gold Corp.
Summary
| Project: | Mt Todd | |
|---|---|---|
| Deposit: | Mt Todd | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/24/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-1-2018: Vista Gold Corp. announces a Pre-Feasibility Study report for its Mt Todd deposit at the Mt Todd project. Updated Pre-Feasibility study results incl. after-tax NPV (5%) $679M, IRR 20.5%. Vista Gold Corp. (Vista) retained Tetra Tech, Inc., along | |
| Resources: | (Reserve, P+P): 0.221Mt @ 0.82g/t Au for 5.848Moz Au contained at project | |
| CP/QP: | [Overall Report]: Jessica Spriet, Rex Bryan, Erk Spiller (Tetra Tech/Coffey Mining Ltd.) | |
| ABSTRACT: | Vista Gold Corp. (Vista) retained Tetra Tech, Inc., along with Mine Development Associates (MDA), Resource Development Inc. (RDi), Tetra Tech Proteus (TTP), and POWER Engineers, Inc. (POWER) to prepare this preliminary feasibility study (PFS) for its Mt Todd Gold Project (the Project) in Northern Territory (NT), Australia. The PFS (Technical Report) evaluates the Base Case, a development scenario of a 50,000 tonne per day (tpd) processing facility. In addition, an Alternate Case was considered at 33,000 tpd with higher grades presented under Section 24.0 – Other Relevant Data and Information. Vista and its subsidiary, Vista Gold Australia Pty Ltd (Vista Australia) entered into an agreement to acquire an interest in the Project located in NT, Australia on March 1, 2006. The acquisition was completed on June 16, 2006 when the mineral leases comprising the Project were transferred to Vista Australia and funds held in escrow were released. Vista Australia is the operator of the Mt Todd property. The Mt Todd property contains a number of known occurrences of gold, which have been explored and/or exploited to various degrees. The largest and best-known deposits are the Batman and Quigleys deposits, both of which have had historic mining by prior operators. The Batman deposit has produced and been explored more extensively than the Quigley deposit. Vista has reported mineral resource estimates in accordance with National Instrument (NI) 43-101 Standards of Disclosure for Mineral Projects and Canadian Institute of Mining, Metallurgy and Petroleum (CIM Definition Standards) for Mineral Resources and Mineral Reserves (CIM) Standards for the Batman and Quigley deposits and a mineral reserve estimate in accordance with NI 43-101 and CIM Standards for only the Batman deposit. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report