Vista Gold Cp - VGZ STOCK NEWS

Vista Gold Corp. (VGZ) announced positive drill assay results from its Mt Todd gold project, revealing strong mineralization north of the Batman deposit. Key findings include intercepts such as 6.0 meters at 1.58 g Au/t in hole VB21-006 and 8.5 meters at 1.89 g Au/t in VB21-008. The drilling supports Vista’s geological model, indicating potential for resource growth. Ongoing drilling aims to expand understanding of mineralized structures in the Batman-Driffield corridor. The company highlighted a reliable structural model that predicts mineralization effectively.

Vista Gold Corp. (NYSE American and TSX: VGZ) announced it received the final $1.0 million payment from Prime Mining Corp., completing a total payment of $2.1 million concerning royalties and back-in rights for the Guadalupe de los Reyes gold/silver project in Mexico. The agreement removes Vista's rights to future royalties and back-in rights. CEO Frederick H. Earnest expressed satisfaction with the completion of the agreement. Vista's main asset is the Mt Todd gold project in Australia, which could be among the country's largest gold producers.

Vista Gold Corp. (VGZ) announced the receipt of the Aboriginal Areas Protection Authority Certificate and Surface Water Extraction License for its Mt Todd gold project in Northern Territory, Australia. The AAPA Certificate allows work on certain areas without damaging sacred sites, while the Surface Water Extraction License permits the annual harvesting of 3.4 Gigalitres of surface runoff for mining activities. These authorizations support Vista's commitment to cultural protection and sustainable water use, ensuring the project's water supply for operations over the next decade.

Vista Gold Corp. (VGZ) has obtained the Mining Management Plan approval from the Northern Territory Government for its Mt Todd gold project in Australia. This milestone is pivotal for project development, signaling a significant de-risking achievement after three years of effort. The project is expected to provide substantial economic benefits, with a projected after-tax NPV of $1.7 billion at a gold price of $1,900. Vista's CEO emphasized the project’s attractiveness due to low operating costs and strong community support, positioning Mt Todd as a leading contender in gold production.

Vista Gold Corp. (VGZ) announced positive assay results from drilling at the Mt Todd gold project. Two new drill holes, VB21-004 and VB21-005, revealed significant mineralization, including intercepts of 42 meters at 0.80 g Au/t and 29 meters at 2.65 g Au/t, respectively. These results confirm the continuity of high-grade mineralized structures near the Batman deposit, supporting further exploration. CEO Frederick Earnest expressed optimism about increasing gold resources at Mt Todd, with ongoing drilling to refine exploration models and identify additional high-grade zones.

Vista Gold Corp. (NYSE American and TSX: VGZ) reported its Q1 financial results with cash and cash equivalents of $7.2 million and a net loss of $3.1 million, consistent with expectations. The company advanced its Mt Todd Mining Management Plan to the final review stage and expanded its drilling program to include an additional 10 holes, targeting significant resource growth. Positive drilling results showed higher than anticipated gold grades and thicker intercepts, reinforcing the potential for further gold resources at Mt Todd. The management conference call is scheduled for May 4, 2021.

Vista Gold Corp. held its annual meeting on April 29, 2021, with 52,443,389 common shares represented, accounting for 50.52% of total shares. Key outcomes included the successful election of directors, with John M. Clark securing 97.69% support and Frederick H. Earnest receiving 98.71%. Shareholders also appointed Plante & Moran PLLC as auditors and approved executive compensation and stock options. Vista’s flagship asset is the Mt Todd gold project, the largest undeveloped gold project in Australia.

Vista Gold Corp. (VGZ) announced promising results from its ongoing drilling program at the Mt Todd gold project in Northern Territory, Australia. Recent drill holes confirmed the continuity of mineralization north of the Batman deposit, revealing thicker-than-expected mineralized zones and defining a higher-grade zone. The company plans to accelerate drilling with a second rig to explore targets towards the Golf-Tollis area. Assay results indicate mineralization presence in seven drilled holes, enhancing confidence in the potential resource increase at the Batman deposit.

Vista Gold Corp. (NYSE American and TSX: VGZ) announced its audited financial results for the year ended December 31, 2020, reporting a net income of $0.4 million and cash reserves of $8.2 million. Key achievements included monetizing non-core assets, engaging with the NT government for their Mining Management Plan, and advancing the Mt Todd gold project. Looking forward, the company expects to generate up to $4.6 million in additional cash in 2021, with significant drilling and exploration opportunities ongoing.