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Vista Gold Corp. Announces Filing of Technical Reports for Various Properties and a Resource Estimate for the Amayapampa Project, Bolivia
Vista Gold Corp. Announces Filing of Technical Reports for Various Properties and a Resource Estimate for the Amayapampa Project, Bolivia.
About this update from Vista Gold Corp
[{"type":"text","content":"\n\n\n\n\nDENVER, Oct. 18 /CNW/ -- Vista Gold Corp. (Amex: VGZ; Toronto) is pleased\nto announce that, in connection with the preparation of a Management\nInformation and Proxy Circular to be delivered to its securityholders for the\nmeeting being held to approve matters relating to the previously announced\ntransaction that will result in the transfer of the Corporation's Nevada based\nproperties into a recently incorporated company and the acquisition by that\nnew company of the Nevada based mineral assets of Carl and Janet Pescio, it\nhas filed updated technical reports, prepared in accordance with Canadian\nNational Instrument 43-101, for six of the Nevada mineral properties to be\ntransferred by Vista to the new company, Allied Nevada Gold Corp. (\"Allied\nNevada\"), and new NI 43-101 compliant technical reports for 19 of the 53\nNevada mineral properties in which the Pescios currently hold interests. \nThere has been no material change in the information contained in the updated\ntechnical reports for Vista's existing Nevada properties from information\ndisclosed in previous reports for those properties.\nThe updated technical reports for Vista's properties relate to the\nHycroft mine and the Wildcat, Maverick Springs, Mountain View, Hasbrouck and\nThree Hills projects. The new technical reports for the properties underlying\nthe interests to be acquired from the Pescios relate to the Beowawe, Cobb\nCreek, Dixie Flats, Dome, Wild Horse, Eden, Elder Creek, NAD, North Carlin,\nNorth Mill Creek, Pony Creek, Switch, Six Mile, Toy, Tusk, Rock Creek, Santa\nRenia, South Silver Cloud, Tonka and Woodruff properties. The reports may be\nviewed on SEDAR at www.sedar.com under Vista Gold Corp. and also under Allied\nNevada Gold Corp.\nIn addition, Vista has filed an updated scoping study containing a\nmineral resource analysis for the Amayapampa project, a project located 186\nmiles southeast of La Paz, Bolivia, that was completed on September 21, 2006\nby GR Technical Services Ltd. of Calgary, Alberta and Giroux Consultants\nLimited of Vancouver, British Columbia in accordance with Canadian National\nInstrument 43-101. The Amayapampa project is being purchased by Luzon\nMinerals Ltd. (\"Luzon\") under terms and amended terms previously disclosed in\npress releases and summarized in Vista's 2005 annual report on Form 10-K. The\nresou...