<SEC-DOCUMENT>0000783324-17-000029.txt : 20170630
<SEC-HEADER>0000783324-17-000029.hdr.sgml : 20170630
<ACCEPTANCE-DATETIME>20170630122607
ACCESSION NUMBER:		0000783324-17-000029
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170630
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170630
DATE AS OF CHANGE:		20170630

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VISTA GOLD CORP
		CENTRAL INDEX KEY:			0000783324
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09025
		FILM NUMBER:		17941144

	BUSINESS ADDRESS:	
		STREET 1:		7961 SHAFFER PKWY, SUITE 5
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127
		BUSINESS PHONE:		720-981-1185

	MAIL ADDRESS:	
		STREET 1:		7961 SHAFFER PKWY, SUITE 5
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRANGES INC
		DATE OF NAME CHANGE:	19950602

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRANGES EXPLORATION LTD
		DATE OF NAME CHANGE:	19890619
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>vgz-20170630x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			Met program 063017
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			<a name="A001"></a><font style="display:inline;font-weight:bold;font-size:10pt;">UNITED STATES<br />SECURITIES AND EXCHANGE COMMISSION<br />WASHINGTON, D.C. 20549</font><font style="display:inline;font-size:10pt;">&nbsp;</font>
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			<font style="display:inline;">_________________ </font>
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			<a name="A003"></a><font style="display:inline;font-weight:bold;">FORM 8-K</font><font style="display:inline;">&nbsp;</font>
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			<a name="A004"></a><font style="display:inline;font-weight:bold;">CURRENT REPORT</font><font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;font-size:10pt;">Pursuant to Section 13 or 15(d) of the <br />Securities Exchange Act of 1934 </font>
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			<font style="display:inline;font-weight:bold;font-size:10pt;">Date of Report: June 28, 2017</font>
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			<font style="display:inline;font-size:10pt;">(Date of earliest event reported)</font>
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			<a name="A006"></a><font style="display:inline;font-weight:bold;font-size:13.5pt;">VISTA GOLD CORP. <br /></font><font style="display:inline;font-size:10pt;">(Exact Name of Registrant as Specified in Charter) </font>
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			<a name="A007"></a><font style="display:inline;font-weight:bold;font-size:10pt;">British Columbia, Canada <br /></font><font style="display:inline;font-size:10pt;">(State or Other Jurisdiction of Incorporation) </font>
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						<font style="display:inline;font-weight:bold;font-size:10pt;">1-9025<br /></font><font style="display:inline;font-size:10pt;">(Commission File Number) </font></p>
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						<font style="display:inline;font-weight:bold;font-size:10pt;">Not Applicable<br /></font><font style="display:inline;font-size:10pt;">(IRS Employer Identification No.) </font></p>
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			<br /><font style="display:inline;"><a name="A009"></a></font><font style="display:inline;font-family:Times New Roman Bold;font-weight:bold;text-transform:uppercase;font-size:10pt;">7961 Shaffer parkway, suite 5, littleton, colorado 80127</font>
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			<font style="display:inline;font-size:10pt;">(Address of Principal Executive Offices and Zip Code)</font>
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			<font style="display:inline;font-size:10pt;">Registrant&#x2019;s telephone number, including area code:&nbsp;&nbsp; </font><font style="display:inline;font-weight:bold;font-size:10pt;">(720) 981-1185</font>
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			<a name="A011"></a><font style="display:inline;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </font>
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						<font style="display:inline;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
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						<font style="display:inline;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
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						<font style="display:inline;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
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						<font style="display:inline;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
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			<font style="display:inline;"></font></p></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;">
		<p><font size="1"> </font></p></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;"></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;"><p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"><font style="display:inline;"></font>
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			<a name="A012"></a><font style="display:inline;font-weight:bold;font-size:10pt;">Item 7.01&nbsp;&nbsp;Regulation FD</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">On June 28, 2017, the Registrant issued a press release that provided an update on the status of its metallurgical testing program at Mt Todd.&nbsp;&nbsp;The Registrant also announced that its agreement with the Northern Territory of Australia has been extended through December 31, 2023.</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">A copy of the press release is attached to this report as Exhibit&nbsp;99.1. In accordance with General Instruction B.2 of Form&nbsp;8-K, the information set forth herein and in the press release is deemed to be &#x201C;furnished&#x201D; and shall not be deemed to be &#x201C;filed&#x201D; for purposes of the Securities Exchange Act of 1934, as amended and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.&nbsp;&nbsp;The information set forth in Item 7.01 of this report shall not be deemed an admission as to the materiality of any information in this report on Form&nbsp;8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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			<font style="display:inline;font-weight:bold;font-size:10pt;">Item 9.01&nbsp;&nbsp;Exhibits</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">99.1<font style="display:inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font>Press Release dated June 28,&nbsp;2017*</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">*The Exhibit relating to Item 7.01 is intended to be furnished to, not filed with, the SEC pursuant to Regulation FD.</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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			<font style="display:inline;font-weight:bold;font-size:10pt;">SIGNATURES</font><font style="display:inline;font-size:10pt;">&nbsp;</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. </font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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						<font style="display:inline;font-weight:bold;font-size:10pt;">VISTA GOLD CORP.<br /></font><font style="display:inline;font-size:10pt;">(Registrant)</font></p>
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						<font style="display:inline;font-size:10pt;">Dated:&nbsp; June 30, 2017</font></p>
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						<font style="display:inline;font-size:10pt;">By:&nbsp;</font><font style="display:inline;font-size:10pt;text-decoration:underline;">/s/John F. Engele</font><font style="display:inline;font-size:10pt;">&nbsp;</font><font style="display:inline;font-size:10pt;text-decoration:underline;">&nbsp;</font></p>
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						<font style="display:inline;font-size:10pt;">John F. Engele</font></p>
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						<font style="display:inline;font-size:10pt;">Chief Financial Officer</font></p>
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			Vista Gold - Mt Todd  Update June 2017 (Final rev 7)
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			<font style="display:inline;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">EXHIBIT 99.1</font>
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						<font style="display:inline;font-size:10pt;">7961 Shaffer Parkway </font></p>
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						<font style="display:inline;font-size:10pt;">Suite 5</font></p>
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						<font style="display:inline;font-size:10pt;">Littleton, CO&nbsp;&nbsp;80127</font></p>
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">Phone:&nbsp;&nbsp;720-981-1185</font></p>
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						<font style="display:inline;font-size:10pt;">Fax:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720-981-1186</font></p>
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						<font style="display:inline;font-size:10pt;">Trading Symbol:&nbsp; </font><font style="display:inline;font-weight:bold;font-size:10pt;">VGZ </font></p>
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						<font style="display:inline;font-weight:bold;font-size:10pt;">Toronto and NYSE MKT Stock Exchanges</font></p>
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			<font style="display:inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:24pt;">__________________ NEWS _________________&nbsp;</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:12pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:12pt;">Vista Gold Corp. Provides Update on Metallurgical Testing Program at Mt. Todd and Announces the Extension of its Agreement with Northern Territory</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">Denver, Colorado, June 28, 2017 &nbsp;- &nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Vista Gold Corp. (the &#x201C;Company,&#x201D; &#x201C;Vista Gold,&#x201D; &#x201C;we&#x201D; or &#x201C;our&#x201D;) (NYSE MKT: VGZ)&nbsp;(TSX: VGZ) today provided an update on the status of its metallurgical testing program on four bulk samples from the Mt Todd gold project.&nbsp;&nbsp;The Company also announced that its agreement with the Northern Territory of Australia (&#x201C;NT&#x201D;) has been extended through December 31, 2023.</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">Metallurgical Testing Program</font>
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		<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">In November 2016, Vista Gold announced the preliminary results of detailed optimization studies for its Mt Todd gold project located in the Northern Territory, Australia.&nbsp;&nbsp;The results indicated potential to further enhance the project&#x2019;s economics through the incorporation of selective screening and sorting in the processing flow sheet to enable finer grinding, enhanced gold recovery, and lower processing costs. (See our press release dated November 28, 2016).</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Vista Gold&#x2019;s President &amp; CEO, Frederick H. Earnest, commented, &#x201C;We have recently commenced metallurgical tests on four, 5-tonne bulk samples from Mt Todd.&nbsp; These tests are designed to confirm that the project can reduce the volume of material to be milled and improve efficiency in&nbsp;the grinding circuit through a combination of producing smaller material in the HPGR crushing circuit and the change to a two-stage grinding circuit.&nbsp;&nbsp;We believe these design changes can be implemented without materially changing the project&#x2019;s capital requirements.&nbsp;&nbsp;Past studies have shown a strong correlation between finer grinding and higher gold recovery, and we believe that we have been conservative in our previous gold recovery estimates at a finer grind.&nbsp;&nbsp;We look forward to the results from this test work and their incorporation into an updated preliminary feasibility study, which will be the first comprehensive update of the project since 2013.&#x201D; </font>
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		<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">In February of this year, the Company completed the drilling and logging of approximately 1,700 meters of PQ (3.75" diameter) core to obtain four, 5-tonne bulk samples of ore representing different parts of the deposit.&nbsp;&nbsp;The samples were shipped to Germany to be crushed and screened (at 5/8") &nbsp;at Thyssen Krupp Industries&#x2019; HPGR&nbsp;test facility. &nbsp; &nbsp;This work started last week and two of the four bulk samples have been completed.&nbsp; Based on this work, &nbsp;the Company expects that approximately 18% of each HPGR-crushed sample will be retained as plus 5/8" material (&#x201C;coarse fraction&#x201D;).&nbsp;  &nbsp; &nbsp;</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">TOMRA Sorting Solutions, near Hamberg, will next undertake two-step automated sorting tests designed to separate the gold-bearing sulfide minerals and quartz veining from non-gold bearing waste material in the coarse fractions.&nbsp; The first step (XRT) sorts the material by density to target the gold-bearing sulfide material.&nbsp;&nbsp;The second step (Laser) separates the gold bearing quartz veining material.&nbsp; Eliminating non-gold bearing waste material,&nbsp;after the HPGR and prior to the grinding circuit, would enable Vista Gold to reduce the overall material going to the grinding and leaching circuits,&nbsp;improve the grinding circuit head-grade and capture potential reductions in operating costs associated with the lower overall feed to the mill. &nbsp;The automated sorting tests are scheduled to take place July 5</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:6pt;top:-4.4pt;position:relative;line-height:100%">th</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">-7</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:6pt;top:-4.4pt;position:relative;line-height:100%">th</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">.</font>
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</div></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;"></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;"><p style="margin:0pt 0pt 10pt;line-height:115%;font-family:Calibri;font-size: 11pt;"><font style="display:inline;"></font>
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		<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Following the TOMRA test work, the fine fraction (minus 5/8" material) together with the three components of the coarse fraction (XRT, Laser and waste) will be shipped to the laboratories of Resource Development Inc. (RDi) in Wheatridge, Colorado where grind-size and leach recovery optimization and tailings characterization studies will be completed. &nbsp;The results of these tests are expected to provide the design criteria to grind the ore finer for enhanced leaching and gold recovery.</font>
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		<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">The Company expects to be able to announce the final results of the test work at the end of August 2017.&nbsp;&nbsp;&nbsp; </font>
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		<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Following the completion of the crushing, screening and sorting components of the metallurgical testing program the Company expects to commence the studies needed to update its previously published Mt Todd Preliminary Feasibility Study (completed May 2013 and amended July 2014).&nbsp;&nbsp;The PFS update is expected to include design changes incorporating an automated sorting circuit, two-stage grinding, and current gold price and foreign exchange rates.&nbsp; </font>
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		<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">Extension of Agreement with the Northern Territory</font>
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		<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Recently, the Company signed an extension of its agreement with the Northern Territory of Australia.&nbsp;&nbsp;The agreement extends through December 31, 2023 and includes the option for an additional 3-year extension. &nbsp;Under the ongoing terms of the agreement, the Company holds the exclusive right to develop the Mt Todd gold project and commits to the appropriate care and management of the site, &nbsp;and prior to providing notice of its intention to mine, the Company retains no environmental liability for the condition of the site prior to its involvement in 2006.&nbsp; Vista Gold, at its sole option, may elect to proceed with the development of the project by giving notice to the NT Government, which in turn will result in the transfer of NT-owned assets at Mt Todd and all pre-existing environmental liability for the Mt Todd project from the NT to the Company.&nbsp;</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;">Northern Territory Minister&nbsp;for Primary Industry and Resource, &nbsp;Hon. Ken Vowles, stated the following when announcing the extension of the agreement, &#x201C;The Government and Vista Gold both want to see Mt Todd operating again, in the interests of regional development, creating local jobs and managing environmental issues.&nbsp; The extended agreement maintains Vista Gold&#x2019;s role as manager of the site, and acknowledges its commitment to future development.&#x201D;</font>
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		<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Mr. Earnest added, &#x201C;We would like to thank the NT Government for their continued support of Vista Gold and our efforts on the Mt Todd gold project.&nbsp;&nbsp;We have worked very hard at Mt Todd to maintain our strong commitment to responsible environmental management and to build strong stakeholder support for the development of the project.&#x201D;&nbsp;</font>
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		<p style="margin:0pt 0pt 10pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">About Vista Gold Corp.</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;">The Company&nbsp;is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.&nbsp;&nbsp;Mt Todd is one of the largest known undeveloped gold projects in Australia. </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">For more information about our projects, including technical studies and resource estimates, please visit our website at&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;">www.vistagold.com</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">.</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;">&nbsp;</font>
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		<p style="margin:0pt 0pt 10pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;">For further information, please contact Connie Martinez at (720) 981-1185.</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;line-height:115%;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">Forward Looking Statements&nbsp;</font>
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			<font style="display:inline;font-size:9pt;">This press 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.&nbsp;&nbsp;All statements, other than statements of historical facts, included in this press release that address activities, events or developments that <a name="_DV_C81"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">we expect</font><font style="display:inline;font-size:9pt;"> or anticipate will or may occur in the future, including such things as our belief that the optimization studies could further enhance the economics of the Mt Todd gold project without materially changing the capital requirements, and the plans, results and timing for the completion of the&nbsp;testwork<a name="_DV_C89"></a>; the timing for and completion of an updated preliminary feasibility study on Mt Todd&nbsp;and other such matters 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 press release include the following: our approved business plans, exploration and assay results, results of our test work for process area improvements, mineral resource and reserve estimates and results of preliminary economic assessments, prefeasibility studies and feasibility studies on our projects, if any, our experience with regulators, and positive changes to current economic conditions and the price of gold.&nbsp;&nbsp;When used in this press release, the words <a name="_DV_C95"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;<a name="_DV_M95"></a></font><font style="display:inline;font-size:9pt;">optimistic,<a name="_DV_C97"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M96"></a></font><font style="display:inline;font-size:9pt;">potential,<a name="_DV_C99"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M97"></a></font><font style="display:inline;font-size:9pt;">indicate,<a name="_DV_C101"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M98"></a></font><font style="display:inline;font-size:9pt;">expect,<a name="_DV_C103"></a>&#x201D;</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;"> &nbsp;&#x201C;<a name="_DV_M99"></a></font><font style="display:inline;font-size:9pt;">intend,<a name="_DV_C105"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M100"></a></font><font style="display:inline;font-size:9pt;">hopes,<a name="_DV_C107"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M101"></a></font><font style="display:inline;font-size:9pt;">believe,<a name="_DV_C109"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M102"></a></font><font style="display:inline;font-size:9pt;">may,<a name="_DV_C111"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M103"></a></font><font style="display:inline;font-size:9pt;">will,<a name="_DV_C113"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M104"></a></font><font style="display:inline;font-size:9pt;">if,<a name="_DV_C115"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M105"></a></font><font style="display:inline;font-size:9pt;">anticipate,<a name="_DV_M106"></a>&#x201D; and similar expressions are intended to identify forward-looking statements and forward-looking information.&nbsp;&nbsp;These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, </font></p></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;">
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