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Vista Gold Corp. Announces Positive Drill Results at its Mt Todd Gold Project
DENVER, July 15, 2021 (GLOBE NEWSWIRE) -- Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced assay results for ongoing dri
About this update from Vista Gold Corp
[{"type":"text","content":" DENVER, July 15, 2021 (GLOBE NEWSWIRE) -- Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced assay results for ongoing drilling at the Company’s 100% owned Mt Todd gold project (“Mt Todd” or the “Project”) located in Northern Territory, Australia. The mineralization intersected in hole VB21-011 is both thicker and of higher grade than observed in previous drill holes in the current program. Highlights VB21-010 – two intercepts in the first 100 meters which total 36.6 meters with average grade of 0.51 grams gold per tonne (“g Au/t”) and various higher-grade intercepts in the following 102 meters, including 3.0 meters @ 1.48 g Au/t, 1.0 meter @ 13.83 g Au/t, and 1.0 meter @ 14.36 g Au/t; and VB21-011 – of approximately 399 meters drilled, intersected 200 meters of mineralization with average grade of 0.63 g Au/t, including 9.9 meters @ 2.08 g Au/t, 14.3 meters @1.42 g Au/t, 10.2 meters @ 1.74 g Au/t, 26.7 meters @ 0.98 g Au/t, and 14.0 meters @1.22 g Au/t. Frederick Earnest, President and CEO commented, “We have now completed 16 of 18 holes (5,466 of the planned 6,000 meters) in our current drill program. Each of the holes completed has intersected mineralization consistent with our geologic model for the area north of the Batman deposit. We are pleased that VB21-011 has demonstrated strike continuity of the mineralization intersected in the Northern cross load (Nxld). VB21-011 was collared 100 meters north of VB21-005 (29.4m @ 2.65 g/t) and has defined a number of well mineralized zones that aggregate into a thicker package. The Nxld intercepts have so far been of a higher grade than those intersected in Batman and we are looking forward to additional drilling planned in this area.” See Vista Gold CEO Video. Vista Gold Corp. Announces Positive Drill Results at its Mt Todd Gold Project - YouTubeTap to unmuteVista Gold Corp. Announces Positive Drill Results at its Mt Todd Gold ProjectVista GoldVista Gold955 subscribersWatch on On a separate topic, Mr. Earnest added, “We appreciate the support of our current large shareholders in the recently completed financing and are pleased to welcome several new shareholders who have established significant initial holdings in Vista. We believe this is a recognition of the underlying value of Mt Todd and the opportunity to unlock greater value as we contin...