Vista Gold Corp. Hires Director, Projects and Technical Services
18 Junio 2024 - 5:45AM
Business Wire
Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the
“Company”) today announced that Maria Vallejo Garcia has joined the
Company as Director, Projects and Technical Services.
Ms. Vallejo is an accomplished mining professional with a robust
background in mineral economics, mining engineering, and
optimization technologies. Ms. Vallejo is a registered Professional
Engineer (P. Eng) and Fellow of The Australasian Institute of
Mining and Metallurgy (FAusIMM). She is also a Qualified Person as
defined by Item 1300 of Regulation S-K under the Securities
Exchange Act of 1934, as amended, and Canadian National Instrument
43-101 – Standards of Disclosure for Mineral Projects. Ms. Vallejo
holds a master’s degree in mining engineering from McGill
University in Montreal, Canada, and a bachelor’s degree in mining
engineering from National University of Colombia in Medellin,
Colombia. Prior to joining Vista, Ms. Vallejo held senior technical
and managerial positions with Mining Plus Consulting, Barrick Gold,
Waterton Global Resources Management, and AngloGold Ashanti.
Frederick H. Earnest, President and CEO of Vista Gold, stated,
“We are pleased to have Maria join our management team. She brings
with her 15 years of experience screening, evaluating, optimizing,
and developing gold and copper mining assets in the Americas and
Asia Pacific. We believe Maria’s technical background and expertise
will be invaluable as we continue to evaluate smaller-scale, staged
development opportunities at Mt Todd, consider potential strategic
transactions, and position Vista for long-term success.”
Ms. Vallejo succeeds John Rozelle who retired on December 31,
2023, and was responsible for the execution and evaluation of the
Company’s technical studies for more than 10 years. Following his
resignation, Mr. Rozelle has provided consulting services to the
Company on an as needed basis, which will continue through an
appropriate transition period.
Mr. Earnest added, “John Rozelle was a key member of our senior
executive team for more than 10 years and instrumental in the
completion of numerous technical studies, including the Mt Todd
feasibility study. On behalf of the Board of Directors, I would
like to thank John for his many valuable contributions and wish him
well in retirement.”
About Vista Gold Corp.
Vista is a gold project developer. The Company’s flagship asset
is Mt Todd, located in the mining friendly jurisdiction of Northern
Territory, Australia. Situated approximately 250 km southeast of
Darwin, Mt Todd is one of the largest development stage
opportunities in Australia and demonstrates compelling economics.
All major environmental and operating permits necessary to initiate
development of Mt Todd are in place.
Mt Todd benefits from its location in a leading mining
jurisdiction and offers opportunities to add value through growth
of mineral reserves, alternative development strategies, and other
de-risking activities.
Forward Looking Statements
This news release contains forward-looking statements within the
meaning of the U.S. Securities Act of 1933, as amended, and U.S.
Securities Exchange Act of 1934, as amended, and forward-looking
information within the meaning of Canadian securities laws. All
statements, other than statements of historical facts, including
our belief that Ms. Vallejo is an accomplished mining professional
with a robust background in mineral economics, mining engineering,
and optimization technologies; our belief that Maria’s technical
background and expertise will be invaluable as we continue to
evaluate smaller-scale, staged development opportunities at Mt
Todd, consider potential strategic transactions, and position Vista
for long-term success; our expectation that John Rozelle will
continue to provide consulting services on an as needed basis
through an appropriate transition period; our belief that Mt Todd
is one of the largest development stage opportunities in Australia
and demonstrates compelling economics; our belief that Mt Todd
offers opportunities to add value through growth of mineral
reserves, alternative development opportunities, and other
de-risking activities are forward-looking statements and
forward-looking information. The material factors and assumptions
used to develop the forward-looking statements and forward-looking
information contained in this news release include the following:
our forecasts and expected cash flows; our projected capital and
operating costs; our expectations regarding mining and
metallurgical recoveries; mine life and production rates; that laws
or regulations impacting mine development or mining activities will
remain consistent; our approved business plans, our mineral
resource and reserve estimates and results of preliminary economic
assessments; preliminary feasibility studies and feasibility
studies on our projects, if any; our experience with regulators;
political and social support of the mining industry in Australia;
our experience and knowledge of the Australian mining industry and
our expectations of economic conditions and the price of gold. When
used in this news release, the words “optimistic,” “potential,”
“indicate,” “expect,” “intend,” “hopes,” “believe,” “may,” “will,”
“if,” “anticipate” and similar expressions are intended to identify
forward-looking statements and forward-looking information. These
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance, or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
such statements. Such factors include, among others, uncertainty of
resource and reserve estimates, uncertainty as to the Company’s
future operating costs and ability to raise capital; risks relating
to cost increases for capital and operating costs; risks of
shortages and fluctuating costs of equipment or supplies; risks
relating to fluctuations in the price of gold; the inherently
hazardous nature of mining-related activities; potential effects on
our operations of environmental regulations in the countries in
which it operates; risks due to legal proceedings; risks relating
to political and economic instability in certain countries in which
it operates; uncertainty as to the results of bulk metallurgical
test work; and uncertainty as to completion of critical milestones
for Mt Todd; as well as those factors discussed under the headings
“Note Regarding Forward-Looking Statements” and “Risk Factors” in
the Company’s latest Annual Report on Form 10-K as filed in March
2024, subsequent Quarterly Reports on Form 10-Q, and other
documents filed with the U.S. Securities and Exchange Commission
and Canadian securities regulatory authorities. Although we have
attempted to identify important factors that could cause actual
results to differ materially from those described in
forward-looking statements and forward-looking information, there
may be other factors that cause results not to be as anticipated,
estimated or intended. Except as required by law, we assume no
obligation to publicly update any forward-looking statements or
forward-looking information, whether as a result of new
information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240617186748/en/
Pamela Solly Vice President, Investor Relations (720) 877-0132
psolly@vistagold.com
Vista Gold (AMEX:VGZ)
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