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Vista Gold Corp.
10/24/2024
Good day, ladies and gentlemen. Welcome to Vista Global's third quarter 2024 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. At that time, participants are asked to press star 1 to register for a question. For assistance during the call, please press star zero on your touchstone phone. As a reminder, the conference call is being recorded. Today is Thursday, October 24th, 2024. It's now my pleasure to introduce Pamela Sully, Vice President of Investor Relations. Please go ahead.
Thank you, Andrew, and good day, everyone. Thank you for joining the Vista Gold Corp. Third Quarter 2024 Financial Results and Corporate Update Conference Call. I'm Pamela Sully, Vice President of Investor Relations. On the call today, we have Fred Ernest, President and Chief Executive Officer, and Doug Tobler, Chief Financial Officer. At the close of business yesterday, Vista reported its third quarter 2024 operating and financial results. Copies of the news release and quarterly report on Form 10-Q are available on our website at www.vistagold.com. During the course of this call and the question and answer session, 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 10-2 for details of risks and other important factors that could cause actual results to differ materially from those in our forward-looking statements and the cautionary note regarding estimates of mineral resources and mineral reserves. I will now turn the call over to Fred Earnest.
Thank you, Pam, and thank you, everyone, for joining us today. VISTA's Mount Todd Gold Project is a large, high-quality gold deposit in one of the most attractive mining jurisdictions in the world. It is an especially attractive shovel-ready development opportunity, and we are advancing Mount Todd in ways that efficiently position the project for development while exercising the discipline necessary to best realize value at the right time. VISTA is committed to seeing its development in keeping with the highest mining and ESG standards. On the call today, we will provide you with an overview of our current activities and other market factors that we believe will be drivers for greater shareholder value. During the third quarter, we continued to successfully execute our corporate strategy and made significant progress toward achieving our 2024 goals and objectives. We announced positive results from our ongoing drilling program. advanced technical studies in anticipation of a decision to commence a feasibility study targeting 150,000 to 200,000 ounces of gold production per year prior to the end of this year, and continued to prioritize low overall spending. And we ended the quarter with $19 million in cash. I'm pleased to report that we have had no lost time accidents year to date, and the Mount Todd site now has reached 1,077 consecutive accident-free days. I will discuss some of these topics in greater detail later in the call, but I'll now turn the time over to Doug Tobler for a review of our financial results for the quarter-ended September 30th, 2024. Thank you, Fred.
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