Business
Vista Gold Announces 2025 Financial Results
Vista Gold Corp. (NYSE American and TSX: VGZ) today announced its audited financial results for t...
About this update from Vista Gold Corp
[{"type":"text","content":"Vista Gold Announces 2025 Financial Results\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n \n\n\n\n Vista Gold Corp. (NYSE American and TSX: VGZ) today announced its audited financial results for the year ended December 31, 2025, with cash totaling $13.6 million at year-end. All dollar amounts in this press release are in U.S. dollars.\n \n\n Frederick H. Earnest, President and CEO of Vista, stated, “2025 was a pivotal year for our Company. The completion of the new Mt Todd Feasibility Study in July 2025 was a defining moment for the Mt Todd gold project and Vista. The study demonstrates an achievable path to near-term production centered on a smaller initial operation that prioritizes higher grade ore to the processing plant, significantly lowers initial capital costs, and incorporates contract services to reduce development and operational risks.\n \n\n “Throughout the year, we remained firmly committed to safety, environmental stewardship, financial discipline, and the interests of our stakeholders. In November, we surpassed four consecutive years without a workplace incident - a testament to our strong safety culture. Our site team also successfully advanced Mt Todd’s environmental initiatives with zero reportable incidents. We maintained a solid treasury throughout 2025 and recently completed an equity raise which we expect will support our work moving forward to complete permitting and technical studies, build up our Australian organization, and initiate detailed engineering and design.”\n \n\n Since completing the 2025 Mt Todd Feasibility Study (“2025 FS”), the Company has prioritized work to support the start of detailed engineering and design. Recent drilling has provided core for selective metallurgical testing to confirm grind size, gold recoveries, and optimal selection and sizing of grinding equipment. A geotechnical review is also underway, with potential drilling around the Batman pit to assess the opportunity to steepen the west pit wall, reduce stripping, and potentially convert additional mineral resources to mineral reserves.\n \n\n Mr. Earnest continued, “In 2026, we are focused on building a strong technical and organizational foundation for project execution. Modifications of our existing key permits are underway to align with the desig...