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Vista Gold's (VGZ) CEO Frederick Earnest on Q1 2018 Results - Earnings Call Transcript

May 04, 2018 6:18 PM ETVista Gold Corp. (VGZ), VGZ:CA
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Vista Gold Corp. (NYSE:VGZ) Q1 2018 Earnings Conference Call May 4, 2018 12:30 PM ET


Frederick Earnest - President and Chief Executive Officer

John Engele - Senior Vice-president and Chief Financial Officer


Good day, ladies and gentlemen. Welcome to Vista Gold’s First Quarter Financial Results and Corporate Update Conference Call. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded. Today is Friday, May 4, 2018.

It is now my pleasure to introduce Vista’s President and CEO and your host, Mr. Fred Earnest. Please go ahead, Mr. Earnest.

Frederick Earnest

Thank you, Jack. Good morning, ladies and gentlemen. Thank you for joining Vista Gold Corp.’s 2018 Q1 financial results and corporate update conference call. I’m pleased to be joined on this call by Jack Engele, our Senior Vice President and CFO; and also by Connie Martinez, our Director of Investor Relations, both here with me in our corporate office in Denver.

In Q, we achieved two very significant milestones in the advancement of our Mt. Todd gold project. On January 2, we’re notified by the Australian Commonwealth Department of Environment and Energy that the environmental authorization required under the Environmental Protection Biodiversity Conservation Act of 1999 had been approved. With this approval, this now holds all of the major environmental permits for the development of the Mt. Todd project.

Subsequently, on January 24, we announced the results of an updated preliminary feasibility study, which reflect the results of the testing and processory design changes that were completed in 2017. On March 2, we published the technical study detailing the work completed and the results of the preliminary feasibility study.

Well, I will discuss the importance of these results later in

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