Denver, Colorado-based Vista Gold Corp. (NYSE MKT and TSX: VGZ) is an international gold mining company that has 5.4 million ounces of proven and probable reserves, 12.5 million ounces of measured and indicated resources and 3.7 million ounces of inferred resources in a portfolio of five projects. We are currently focused on the development of our Mt. Todd gold project in Northern Territory, Australia and advancing evaluation of the Guadalupe de los Reyes gold/silver project in Sinaloa, Mexico. Based on the January 2011 preliminary feasibility study, Mt. Todd has the potential to produce approximately 250,000 ounces of gold per year over the first five years and an average of 240,000 ounces per year over a projected 14-year mine life. Vista is in the process of completing a pre-feasibility study in Q1 2013 with a feasibility study to follow in Q2 2013 on the Mt. Todd gold project. While it is early in the evaluation process, Vista hopes that the Guadalupe de los Reyes gold/silver project will demonstrate its potential as a high-grade underground district that can be developed in succession to the Mt. Todd gold project. Vista has granted Invecture Group, S.A. de C.V. a right to earn a 62.5% interest in the Los Cardones (formerly named Concordia) gold project in Mexico and we hold a ~28% interest in Midas Gold Corp.'s Golden Meadows Project. Vista continues to evaluate opportunities for future growth and value realization.
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