DENVER, Nov. 6, 2013 /CNW/
- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the
"Company") today announced that on Friday it submitted the Mt. Todd
gold project's Final Environmental Impact Statement ("EIS") to
regulators in the Northern Territory, Australia.
Frederick H.
Earnest, President and Chief Executive Officer,
commented, "Following the conclusion of the public consultation
process, the Vista team has worked diligently to compile responses
to comments received on the project's initial EIS. On Friday in
Australia, we submitted the completed
EIS for final review to Northern Territory regulators. We continue
to anticipate approval of the project's EIS around year-end.
Mr. Earnest continued, "This is an achievement of a significant
milestone and continues our strategy of advancing the Mt. Todd gold
project toward a 'development-ready' status."
About Vista Gold Corp.
Vista is a gold company currently conducting a strategic review
of its portfolio of gold assets, and is focused on advancing its
flagship Mt. Todd gold project in Northern Territory, Australia.
Vista's portfolio of assets also includes a 24.9% holding in Midas
Gold Corp., the Guadalupe de los Reyes gold/silver project in
Mexico (a preliminary economic
assessment was completed in March 2013), the Awak Mas gold project in
Indonesia (OneAsia Resources Ltd.
working to earn an 80% interest), a royalty on the Amayapampa gold
project in Bolivia (being advanced by LionGold
Corp. Ltd.), and the Long Valley gold project in California. For more information about our
projects, including technical studies and resource estimates,
please visit our website at www.vistagold.com.
Forward Looking Statements This press release contains
forward-looking statements within the meaning of the U.S.
Securities Act of 1933, as amended, and U.S. Securities Exchange
Act of 1934, as amended, and forward-looking information within the
meaning of Canadian securities laws. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that Vista expects or
anticipates will or may occur in the future, including such things
as, timing for approval of the EIS for the Mt. Todd gold project,
the ongoing strategic review of the Company's portfolio of gold
assets, and other such matters are forward-looking statements and
forward-looking information. The material factors and assumptions
used to develop the forward-looking statements and forward-looking
information contained in this press release include the following:
timing and the ability to obtain approval of the EIS and the
necessary permits and other such matters. When used in this press
release, the words "optimistic," "potential," "indicate," "expect,"
"intend," "hopes," "believe," "may," "will," "if," "anticipate,"
and similar expressions are intended to identify forward-looking
statements and forward-looking information. These statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
Vista to be materially different from any future results,
performance or achievements expressed or implied by such
statements. Such factors include, among others, uncertainty of
resource estimates, estimates of results based on such resource
estimates; risks relating to completing metallurgical testing;
risks relating to cost increases for capital and operating costs;
risks related to the timing and the ability to obtain approval of
the EIS and the necessary permits for the Mt. Todd gold project,
risks of shortages and fluctuating costs of equipment or supplies;
risks relating to fluctuations in the price of gold; the inherently
hazardous nature of mining-related activities; potential effects on
Vista's operations of environmental regulations in the countries in
which it operates; risks due to legal proceedings; risks relating
to political and economic instability in certain countries in which
it operates; as well as those factors discussed under the headings
"Note Regarding Forward-Looking Statements" and "Risk Factors" in
Vista's Annual Report Form 10-K as filed on March 14, 2013 and
other documents filed with the U.S. Securities and Exchange
Commission and Canadian securities regulatory authorities. Although
Vista has attempted to identify important factors that could cause
actual results to differ materially from those described in
forward-looking statements and forward-looking information, there
may be other factors that cause results not to be as anticipated,
estimated or intended. Except as required by law, Vista assumes no
obligation to publicly update any forward-looking statements or
forward-looking information; whether as a result of new
information, future events or otherwise.
For further information, please contact Connie Martinez
at (720) 981-1185, or visit the Company's website at
www.vistagold.com.
SOURCE Vista Gold Corp.