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[VGZ] Vista Gold Corp

Symbol: VGZ
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9/8/2008 06:01am
Vista Gold Corp Reports results of Paredones Amarillos feasibility study, provides update on permit status for the project

- The feasibility study will be filed on SEDAR in its entirety within the following 45 days.
- Estimated Life-of-Mine average cash production costs are projected to be $419/oz, with lower costs of $388/oz projected during the first five years of production. Operating costs used diesel prices effective as of May 2008 and energy prices effective as of Q108.
- Pre- production capital costs, including contingency, owner's costs and working capital, are estimated to be $196.7M or $165/oz of gold produced. Total capital costs including replacement and reclamation over the life of the project are estimated to be $191/oz of gold produced.


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