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Vista Gold Corp.
2/27/2023
Good day, ladies and gentlemen. Welcome to Vista Gold's 2022 Financial Results and Corporate Update Conference Call. At this time, all participants are in listen-only mode. Following the presentation, we will conduct a question and answer session. At that time, participants are asked to press star 1 to register for a question. For assistance during the call, please press star 0 on your touch-tone phone. As a reminder, this conference is being recorded. Today is Monday, February 27, 2023. It's now my pleasure to introduce Pamela Soley, Vice President of Investor Relations. Please go ahead.
Thank you, Julie, and good day, everyone. Thank you for joining the Vista Gold Corp. 2022 Financial Results and Corporate Update Conference Call. I'm Pamela Soley, Vice President of Investor Relations. On the call today is Fred Earnest, President and Chief Executive Officer, and Doug Tobler, Chief Financial Officer. During the call, or during the course of this call, we will be making forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements of VISTA to be materially different from results, performance, or achievements expressed or implied by such statements. please refer to our most recently filed Form 10-K for details of risks and other important factors that could cause actual results to differ materially from those in our forward-looking statements. I will now turn the call over to Fred Ernest.
Thank you, Pam, and thank you, everyone, for joining us on the call today. During 2022, we successfully completed a feasibility study for the Mount Todd Gold Project, retained CIBC Capital Markets as a strategic advisor, concluded an 18-month drilling program, significantly reduced costs, and ended the year with reported cash of $8.1 million U.S. and zero debt. We believe these accomplishments advance Mt. Todd's reserve size, resource growth potential, economic returns, and attractiveness to interested parties. We remain committed to the health and safety of our employees who completed 2022 with no lost time accidents and to our environmental stewardship at Mount Todd. As previously reported, we are completing the evaluation of a smaller scale project at Mount Todd and believe that demonstrating a viable development strategy with lower initial costs will attract new interested parties and appeal to those who have previously expressed interest in the optionality of Mount Todd under different development strategies. I will discuss these topics in greater detail later in the call, but I will now turn the time over to Doug Tobler for a review of our financial results for the year ended December 31, 2022.
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