Vista Gold Corp TSX:VGZ announced results from its Guadalupe de los Reyes project in Sinaloa State, Mexico. Assays include

2.62 grams per tonne gold, 51 g/t silver over 5.6 metres
3.52 g/t gold, 132 g/t silver over 18 metres
(including 12.6 g/t gold, 348 g/t silver over 4 metres)
7.25 g/t gold, 132 g/t silver over 6.1 metres
2.77 g/t gold, 46.2 g/t silver over 10.1 metres
8.19 g/t gold, 109 g/t silver over 11 metres
2.16 g/t gold, 28.3 g/t silver over 8 metres
14.4 g/t gold, 127 g/t silver over 5.7 metres
2.34 g/t gold, 232 g/t silver over 19.4 metres
2.82 g/t gold, 32.8 g/t silver over 8.1 metres

President/CEO Fred Earnest commented, “The results from these final 25 holes, and particularly the intercepts at depth in San Miguel, continue to indicate the potential for a significant epithermal gold-silver vein system at the Guadalupe de los Reyes gold-silver project. The results confirm the presence of both lower grade stockwork veining and high-grade potential occurring in larger quartz veins. We are now working to incorporate the results from this drill program into a new mineral resource estimate and Preliminary Economic Assessment, which we anticipate to be completed early in the fourth quarter.”

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Connie Martinez
Manager, Investor Relations
720.981.1185

by Kevin Michael Grace

This article was posted by Kevin Michael Grace - Resource Clips on Thursday, August 9th, 2012 at 11:08 am.