Vista Gold Corp. - VGZ STOCK NEWS

Vista Gold Corp. (NYSE American and TSX: VGZ) announced positive results from an internal scoping study for a smaller scale of the Mt Todd gold project. The study suggests a 5 million tonne per year operation could be developed with initial capital costs under US$350 million and produce between 150,000 - 200,000 ounces of gold annually. However, all-in sustaining costs are anticipated to be higher than those in the 2022 feasibility study due to increased contract mining costs and inflation adjustments. The results will be shared with potential strategic partners under confidentiality agreements.

Vista Gold Corp. (NYSE American and TSX: VGZ) announced its audited financial results for the year ended December 31, 2022, reporting cash of $8.1 million. The company achieved a consolidated net loss of $4.9 million, or $0.04 per share, an improvement from a net loss of $15.2 million in 2021. The feasibility study for the Mt Todd gold project, completed in February 2022, confirmed strong gold production capacity. Vista reduced 2022 recurring costs by 15% and plans further reductions by 7% in 2023. The company completed an 18-month drilling program, identifying excellent resource growth potential, and is currently exploring a smaller scale project to attract new investments.

Vista Gold Corp. (NYSE American and TSX: VGZ) has provided a corporate update and outlook for 2023. In 2022, the company completed a feasibility study for its Mt Todd gold project, reduced costs by 15%, and retained CIBC Capital Markets for strategic outreach. The firm is exploring a smaller-scale project to attract partners amid cautious market sentiments. With a focus on cost reduction, Vista aims to enhance the long-term value of Mt Todd, which is expected to be a top gold producer in Australia. The company remains committed to environmental stewardship and collaboration with local stakeholders.

Vista Gold Corp. (NYSE American and TSX: VGZ) announced its Q3 2022 financial results, reporting a cash position of $9.6 million and zero debt. The company achieved a net loss of $1.7 million or $0.02 per share, an improvement from a loss of $3.1 million in Q3 2021. Key measures included cost reductions, with expenses running 15% under budget. Vista is actively working with CIBC Capital Markets to explore partnership opportunities to enhance shareholder value amidst economic volatility and lower gold prices.

Vista Gold Corp. (VGZ) provided an update on its search for partners to maximize shareholder value from the Mt Todd gold project. Engaging with CIBC Capital Markets since March 2022, Vista has seen interest from various potential partners who have conducted diligent reviews. Despite market volatility impacting cautious strategies among interested parties, Vista remains focused on finalizing an acceptable transaction. The company reported a strong financial position with $11.1 million in cash and no debt as of June 30, 2022. Upcoming events include participation in three investor conferences in September 2022.

Vista Gold Corp. reported its Q2 2022 financial results, ending June 30 with a cash position of $11.1 million and no debt. The company is working with CIBC Capital Markets to find a partner for its Mt Todd gold project to enhance shareholder value. Exploration drilling at Mt Todd revealed four targets potentially adding 1.8 to 3.5 million ounces of gold. Although net losses increased to $1.4 million, management expects this decline in spending post-drilling aligns with their projections.

Vista Gold Corp. announced the successful completion of its exploration drilling program at the Mt Todd project in Northern Territory, Australia. The program identified four promising targets with a potential resource growth between 1.8 to 3.5 million gold ounces. A total of 26 drill holes, totaling 8,887 meters, were drilled, revealing impressive gold grades, including 21 intervals exceeding 10 g Au/t. This exploration reinforces the continuity of mineralization across the Batman and adjacent deposits, indicating a significant opportunity for future resource growth and extended mine life.

Vista Gold Corp. (VGZ) reported its Q1 2022 financial results, highlighting cash reserves of $12.8 million. The company completed the Feasibility Study for its Mt Todd gold project, increasing gold reserves by 19% to 6.98 million ounces and extending the mine life to 16 years. The project is expected to produce an average of 479,000 ounces annually in its first seven years. Vista has appointed CIBC Capital Markets as a strategic advisor to unlock value at Mt Todd. The company faced a net loss of $0.3 million for the quarter, an improvement from the previous year's loss of $3.1 million.

Vista Gold Corp. (VGZ) announced the voting results from its annual general and special meeting held on April 28, 2022. A total of 67,896,888 common shares (57.55% representation) were cast. Directors John M. Clark, Frederick H. Earnest, and others were elected with support ranging from 94.65% to 98.67%. Shareholders approved the appointment of Plante & Moran PLLC as auditors and endorsed executive compensation and equity incentive plans. Vista's flagship asset, the Mt Todd gold project in Australia, is positioned to be a top gold producer as all necessary permits are secured.