24 Oct 2011resource reserve update● Neutral
Vista filed the formal technical report backing up its enlarged Batman resource estimate with Canadian regulators.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 Sept 2011resource reserve update▲ GoodMajor
New drilling pushed the Batman deposit's estimated gold resource to nearly 6 million ounces measured and indicated, up 17% from a year earlier, as Vista worked toward a bigger definitive feasibility study.
16 June 2011farm in farm out agreement● NeutralMajor
Vista let its Indonesian joint-venture partner, Pan Asia Resources, earn up to a further 20% of the Awak Mas gold project on top of the 60% it was already earning, in exchange for more cash, shares and drilling.
4 Mar 2011resource reserve update▲ GoodMajor
Vista's Idaho gold ground was combined with Midas Gold's adjoining Hangar Flats and West End deposits to create a new project, Golden Meadows, with nearly 6 million combined ounces; Vista will hold about 35% of the resulting Midas Gold Corp once the deal closes.
11 Feb 2011resource reserve update▲ Good
Vista disclosed that its 2006 development agreement with the Northern Territory government - under which the government holds site rehabilitation liability until Vista gets its permits - had been extended for another five years, and filed the full January 2011 feasibility study.
4 Jan 2011resource reserve update▲ GoodMajor
A new feasibility study more than doubled Mt Todd's estimated reserves to 4.1 million ounces of gold and outlined a bigger 30,000-tonne-per-day mine, a major step up from the August 2010 study.
9 Sept 2010resource reserve update▲ Good
Vista also identified a smaller satellite deposit, Quigleys, near Batman, with an initial resource of about 456,000 ounces of gold.
20 Aug 2010resource reserve update▲ GoodMajor
A preliminary feasibility study put Vista's first-ever reserve estimate for the Batman deposit at Mt Todd at 2 million ounces of gold, backing a proposed 18,500-tonne-per-day mine with an 8.9-year life.
1 July 2010resource reserve update▲ Good
Vista found a promising new gold zone (up to 25 g/t in float samples) on the exploration land surrounding its Mt Todd project in Australia, and reported its Batman deposit drilling and a pre-feasibility study were both advancing.