- Vista Gold (VGZ) declared that the development of the Mt Todd gold project at a smaller initial scale could deliver promising results
- The company is considering significantly lower initial capital costs while preserving the opportunity for subsequent expansion or staged development
- Vista President and CEO Frederick Earnest met with Sabrina Phillips to provide some insights into this strategy
- The Mt Todd gold project is the largest undeveloped gold project in Australia
- Vista Gold Corp. (TSX:VGZ) opened trading at $0.73 per share
Vista Gold (VGZ) declared that the development of the Mt Todd gold project at a smaller initial scale could deliver promising results.
An internal scoping study by the company evaluated the technical and economic merits of smaller-scale alternatives that offer significantly lower initial capital costs while preserving the opportunity for subsequent expansion or staged development.
Vista President and CEO Frederick Earnest met with Sabrina Phillips to provide some insights into this strategy.
According to the company, Mt Todd is Australia’s largest undeveloped gold project.
Vista Gold is a gold mining company engaged in the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects.
Vista Gold Corp. (TSX:VGZ) opened trading at $0.73 per share.