Profile: Vista Gold Corp (VGZ)
31 Jul 2015
Vista Gold Corp., incorporated on June 11, 2013, is engaged in the gold mining industry. The Company is focused on the evaluation, acquisition, exploration and advancement of gold exploration and potential development projects, which may lead to gold production or value adding strategic transactions, such as earn-in right agreements, option agreements, leases to third parties, joint venture arrangements with other mining companies or outright sales of assets for cash and other consideration. The Company operates through mineral exploration segment, consisting of evaluation, acquisition and exploration activities, which are focused principally in Australia and North America. The Company's assets include the Mt Todd gold project in Northern Territory, Australia; the Guadalupe de los Reyes gold/silver project in western Mexico; interest in Midas Gold Corp.; non-core projects in Mexico and the United States, and royalty interests in projects in Bolivia and Indonesia.
Mt Todd Gold Project
The Mt Todd gold project is located 56 kilometers by road northwest of Katherine, Northern Territory, Australia, and approximately 250 kilometers southeast of Darwin. The Company operates Mt Todd gold project through its wholly owned subsidiary, Vista Gold Australia Pty. Ltd. The Mt Todd gold project is designed to be a conventional, large open-pit mining operation that will utilize large-scale mining equipment in a drill, blast, load and haul operation. Total land holdings controlled by Vista Gold Australia are approximately 140,000 hectares. All of the estimated mineral resources at Mt Todd gold project are located in the Batman pit. The Mt Todd gold project is situated within the southeastern portion of the Early Proterozoic Pine Creek Geosyncline. Meta-sediments, granitoids, basic intrusives, acid and intermediate volcanic rocks occur within the geological province.
Guadalupe de los Reyes Gold/Silver Project
The Guadalupe de los Reyes gold/silver project is located in the State of Sinaloa, near the village of Guadalupe de los Reyes in western Mexico, approximately halfway between the cities of Mazatlan and Culiacan. The project area is accessed by a 30 kilometer road from Cosala. The project is located in the western foothills of the Sierra Madre Occidental at elevations that vary from approximately 300 meters to 1,000 meters. The property is held through 37 federal mining concessions totaling about 6,310.9 hectares. The Company operates Guadalupe de los Reyes gold/silver project through its wholly owned subsidiary, Minera Gold Stake S.A. de C.V. The Guadalupe de los Reyes district is a low sulfidation epithermal gold/silver system composed of quartz/chalcedony veins, vein stockworks and breccias hosted within the lower volcanic sequence (LVS) of the Sierra Madre Occidental. Native gold, electrum and acanthite are the primary economic minerals of the Guadalupe de los Reyes gold/silver project.
Long Valley Gold Project
The Long Valley gold project is located in California. The property consists of 95 contiguous, unpatented mining claims that cover an area of approximately 1,963 acres.
Vista Gold Corp
7961 Shaffer Pkwy
LITTLETON CO 80127