Completion of New Feasibility Study
Vista Gold completed a new feasibility study for the Mt Todd gold project, introducing a 15,000 tonne per day operation with significantly decreased initial capital costs from over $1 billion to $425 million.
Strong Financial Position
The company maintained a strong cash position with $13.7 million on hand and ended the quarter with no debt.
Safety Achievement
Vista Gold achieved four years without a lost-time accident at the Mt Todd site, demonstrating a strong commitment to safety.
Significant Share Price Increase
Vista shares increased approximately 210% year-to-date, driven by a rise in gold prices and strong market support for the new feasibility study.