Vista Gold Corp. ("Vista" or the "Company") today announced that it submitted the initial Environmental Impact Statement ("EIS") to the Northern Territory Environmental Protection Authority ("NT EPA") on Friday, June 28, 2013.
Submission of the initial EIS starts concurrent agency review and public consultation periods, the latter of which will close on August 12, 2013. Following closure of the public consultation and agency review periods, the NT EPA will provide a consolidated set of comments to Vista. The Company will subsequently respond to the comments in a final EIS, which will be submitted to the NT EPA for approval. Vista continues to anticipate completion of the EIS process around year-end.
Additionally, on Friday June 28, Vista completed and filed the 43-101 technical report for the Mt. Todd Preliminary Feasibility Study that was announced on May 29, 2013. The Technical Report, dated June 28, 2013, is available on SEDAR as well as Vista's website under the Technical Reports section.
Fred Earnest, Vista's President and CEO, commented, "The submission of the EIS for review and approval by the NT EPA marks the achievement of a significant milestone for the project and is a key part of our strategy to add significant value with minimal expense going forward."
About Vista Gold Corp.
Vista is focused on the development of the Mt. Todd gold project in Northern Territory, Australia, to achieve its goal of becoming a gold producer. Vista has completed a preliminary economic assessment on its Guadalupe de los Reyes gold/silver project in Mexico and has granted Invecture Group, S.A. de C.V. a right to earn a 62.5% interest in the Los Cardones gold project, in Mexico. Vista's other holdings include the Awak Mas gold project in Indonesia, subject to One Asia Resources Ltd.'s right to earn an 80% interest, and the Long Valley gold project in California. For more information about our projects, including technical studies and resource estimates, please visit our website.
Source: http://www.vistagold.com