Vista Gold Q3 cash $16M, Mt Todd DFS 80% complete, net loss $3.1M

VISTA GOLD CORP

2021-Q3 EPS reported -$0.06

Cash and equivalents of $16.0M at Sept 30, 2021, up from net proceeds of $12.3M in July public offering; zero debt.
Net loss of $3.1M ($0.02/share) vs net income of $4.2M ($0.05/share) in Q3 2020 which included $3.5M gain on sale of Los Reyes.
Mt Todd DFS engineering and design 80% complete, on track and on budget; mine planning at higher gold price expected to increase reserves.
Exploration drilling: 18 holes completed (6,365m); Phase 3 started with additional 2,650m, all holes intersected mineralization.
Strategic partner process advancing; expected increase in on-site due diligence after Australia eases travel restrictions in 2022.

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