Vista Gold Corp. holds the Mt Todd Gold Project, a shovel-ready development-stage gold deposit located in the Tier-1 jurisdiction of Northern Territory, Australia. [Open in your browser]( [Stockhouse.com]( [Investor Alert]
[Catching up with one of the busiest junior gold developers] Catching up with one of the busiest junior gold developers --------------------------------------------------------------- [Visit the company website](
[Facebook]( [Twitter]( up with one of the busiest junior gold developers) [LinkedIn]( [Email](mailto:?subject=Catching up with one of the busiest junior gold developers&body= Jon Brown | The Market Online Vista Gold is Positioning Mt Todd as a leading development opportunity - Demonstrated feasibility - Tier 1 jurisdiction - Shovel-ready Source | Vista Gold Corp. [Vista Gold Corp. (NYSE American/TSX: VGZ)]( holds the Mt Todd Gold Project, a shovel-ready development-stage gold deposit located in the Tier-1 jurisdiction of Northern Territory, Australia. Mt Todd offers large-medium scale development optionality, growth opportunities, advanced local infrastructure, community support, and demonstrated financial strength. [SEE COMPANY PROFILE]( Vista Gold continues to advance Mt Todd in ways that efficiently position the project for development while exercising the discipline necessary to best realize value at the right time. 2024 updates: - January â commenced 6,000-7,000 meter drill program - March â published the 2024 updated feasibility study and the company's inaugural ESG report - June â received final $10 million payment under the Wheaton Precious Metals royalty and ended Q2 2024 with $20 million of cash - August â announced Phase 1 drill results - September â commenced trade-off studies to evaluate the size for an alternative development scenario and announced interim Phase 2 drill results - Q4 2024 â commencing a feasibility study for a project targeting 150,000-200,000 oz of gold per year and capex less than $400 million [Click to view](
Click to view "Fred Earnest, President and CEO of Vista Gold, stated, "We are advancing evaluations of a development scenario for Mt Todd, initially targeting 150,000 â 200,000 ounces of annual gold production, with a raised cut-off grade of 0.45 to 0.50 g Au/t. We are targeting a mineral reserve grade of approximately 1 g Au/t and an initial capex of less than $400 million, while preserving the option for expansion at some future time." See [news release](. Mt Todd demonstrates robust project economics. For every US$100 increase in the gold price, the NPV5% increases by approximately US$220 million. [INVESTOR UPDATES]( Source | Vista Gold Corp.) Shovel-ready projects like Mt Todd are positioned as valuable assets in an environment of decreasing major gold discoveries. Scarcity of new discoveries will drive greater focus on optimizing existing operations and acquiring advanced stage projects like Mt Todd. Source | S&P Global Market Intelligence, August 8, 2024) Investment corner Vista Gold has demonstrated strong financial performance for the quarter ended June 30, 2024, and promising drilling results. The company plans to initiate a feasibility study for a project targeting annual production of 150,000 â 200,000 oz gold and capex of less than $400 million. Investors are encouraged to conduct thorough due diligence to understand the full potential of Vista Gold Corp. and its Mt Todd gold project. Vista Gold and its shareholders will be major beneficiaries of a strong gold market and rising gold prices. With gold prices at all-time highs, an opportunity boasting such a solid financial foundation and ongoing exploration success presents a compelling opportunity for those looking to invest in the gold mining sector. To keep up with the latest developments from the company, visit [vistagold.com](. To join the Vista Gold email list, sign up [here](. Join the discussion: Find out what everybody's saying about this stock on the [Vista Gold Corp. Bullboard]( and check out the rest of [Stockhouse's stock forums and message boards](. [VIEW COMPANY WEBSITE]( This is sponsored content issued on behalf of Vista Gold Corp., please see full disclaimer [here](. The Information in a Stockhouse Publishing Ltd. Stockhouse Alert is a paid advertisement and is for the viewers information only. The corporate information is purely and solely the responsibility of Vista Gold Corp. and it is neither commented upon, researched, or in any manner the responsibility of Stockhouse Publishing Ltd., whose only function is as a supplier of media facilities. Any information provided by the advertisers of Stockhouse Publishing Ltd., through its media services, is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided purely as an informational media service. Stockhouse Publishing Ltd. makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Persons who wish to buy or sell securities should only do so at their own risk and in consultation with their registered securities advisers. --------------------------------------------------------------- [stockhouse]( Stockhouse Publishing Ltd.
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