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Stock impact report

Vista Gold Corp. Announces Positive Independent Benchmarking Results of the 2019 Updated Preliminary Feasibility Study for the Mt Todd Gold Project

Vista Gold Corp (VGZ) 
NASDAQ:AMEX Investor Relations: vistagold.com
Company Research Source: GlobeNewswire
DENVER, March 24, 2020 (GLOBE NEWSWIRE) -- Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced results of an independent benchmarking study (the “Study”) of the 2019 updated preliminary feasibility study for the Mt Todd Gold Project (“Mt Todd” or the “Project”) in the Northern Territory, Australia (the “2019 PFS”). In the second quarter 2019, Vista engaged GR Engineering Services Limited (“GRES”) of Perth, Australia to complete an independent review of capital and operating costs, and construction, commissioning and ramp-up schedules as presented in the 2019 PFS. The objective of the Study was to assess the capital and operating costs, and schedules presented in the 2019 PFS compared to actual capital and operating costs being experienced by current, similar size operations. The findings were positive and provide greater assurance that the Company’s inputs and assumptions are reasonable and that the schedules are practical. Frederick H. Earnest Show less Read more
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