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Mineral Properties
 12 Months Ended
Dec. 31, 2022
Mineral Properties  
Mineral Properties

4. Mineral Properties

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Mt Todd, Northern Territory, Australia

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Capitalized mineral property values were:

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At December 31, 2022

    

At December 31, 2021

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Mt Todd, Australia

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$

2,146

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$

2,146

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Guadalupe de los Reyes, Sinaloa, Mexico

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In July 2020, the Company sold the Guadalupe de los Reyes gold and silver project in Sinaloa, Mexico (“Los Reyes”) to Prime Mining Corporation (“Prime Mining”). As part of the terms of sale, Prime Mining was required to make additional payments to Vista of $2,100 in lieu of Vista being granted certain royalty and back-in rights. Prime Mining paid $1,100 in

January 2021 and $1,000 in June 2021. Having received these payments as scheduled, Vista has no remaining right to be granted the royalties and back-in right, and Vista recognized a gain on disposal of mineral property interests of $2,100 during the year ended December 31, 2021.

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Awak Mas, Sulawesi, Indonesia

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Vista held a net smelter return royalty (“NSR”) on the Awak Mas project in Indonesia (“Awak Mas”). Previously, Vista and the holder of Awak Mas amended the original NSR agreement to allow the holder or a nominated party to make certain payments to Vista to cancel the original NSR. The holder of the Awak Mas royalty made the final $2,500 payment in January 2022. The Company recognized a gain of $2,883 for this final payment, which included recognition of $383 that was carried as deferred option gain as of December 31, 2021. With this final payment, the Company has no remaining royalty interest in Awak Mas.