Apr 11, 2023 / 01:40PM GMT
Unidentified Participant
I'm outside for a while -- a long while. And why don't you give it a go, Fred?
Fred Earnest - Vista Gold Corp. - President & CEO
Okay. Very good. Good afternoon, everyone. Thank you, Rick -- or I'm sorry, thank you, Tom, for the introduction.
I too will be making some forward-looking statements. I leave that to you to look at. What I am going to talk about this afternoon is as Tom has indicated, our Mt Todd gold project in the Northern Territory of Australia.
A year ago, we completed a feasibility study for the project. We reported 6.98 million ounces of proven and probable reserves. Average production over the first seven years of a 16-year mine life are estimated to be 479,000 ounces of gold per year, with an all-in sustaining cost of $860 an ounce. This feasibility study captured the inflation that occurred up through the fourth quarter of 2021. We recognize that inflation didn't stop, and I'll talk a little bit more about the impact of that.
The project -- we love Australia. It's a Tier 1 mining jurisdiction.
Vista Gold Corp at Denver Gold Forum Europe Transcript
Apr 11, 2023
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