other material
confidence high
sentiment positive
materiality 0.85
Vista Gold feasibility study shows 7M oz gold reserve, 16-year mine life, $999.5M after-tax NPV at $1,600/oz
VISTA GOLD CORP
- Proven and probable reserves up 19% to 6.98M oz gold (280.4M tonnes at 0.77 g/t).
- After-tax NPV5% of $999.5M and IRR 20.6% at $1,600/oz; at $1,800/oz NPV $1.5B, IRR 26.7%.
- Average annual production 395K oz life-of-mine, 479K oz first 7 years; mine life extended to 16 years.
- Average cash costs $817/oz, AISC $928/oz life-of-mine; initial capex $892M.
- Gold recovery 91.6%; project 100% owned Mt Todd in Northern Territory, Australia.