Vista Gold Corp. (VGZ.TO) today announced its financial results and highlights for the third quarter ended September 30, 2012.
Third Quarter 2012 Highlights:
Announced plans to evaluate a two-phased development strategy for the Mt. Todd gold project based on the completion of a comprehensive analysis focused on enhancing project economics while preserving the ability to develop the entire Mt. Todd resource.
Initiated a preliminary feasibility study of Mt. Todd gold project, with results expected early Q1 2013, to evaluate the two-phased development strategy and to accelerate the environmental permitting process.
Announced an updated resource estimate for the Mt. Todd gold project and continued to announce positive drill results from the company’s ongoing resource conversion drilling program.
Began treating water in the Batman pit for discharge during the upcoming wet season at the site.
Continued to make good progress at the Las Cardones (formerly named Concordia) gold project in Baja California Sur where our partner, Invecture Group, filed permit applications with Mexican authorities
