Vista Gold Australia invites local community to have their say

Vista Gold Australia will hold a number of community information sessions regarding the Mt Todd Gold Project, 50 kms north-west of Katherine, starting next week.

Ray Iacono, Managing Director Vista Gold Australia says that the information sessions will enable Vista Gold to update the community on their progress to date and provide opportunities for the public to comment on aspects of the project.

“To date, we have received very positive feedback from the community based on their support for the potential local and regional economic benefits. We encourage the communities of Katherine and Pine Creek to participate in these information sessions so that we have a clear understanding of the issues that are important to them,” Mr Iacono said.

Vista Gold has engaged independent consultant, GHD Pty Ltd, to undertake an Environmental Impact Statement (EIS) to identify potential environmental, social, transport, accommodation, cultural and economic impacts associated with reopening and operating the gold mine.

“The EIS will recommend ways to reduce or remove potential negative impacts and enhance potential positive impacts from the mine project.”

The community information sessions will be held on:

• Saturday 24 September, 9am – 12 noon, at the Woolworths Shopping centre, Katherine

• Monday 26 September, 6.30pm – 8.30pm, at the Pine Creek Community Hall

• Tuesday 27 September, 7.30am at the Katherine Chamber of Commerce Business Breakfast

Since acquiring the Mt Todd project in 2006, Vista Gold has taken an orderly, methodical and conservative approach to determine the future of the site.

In November 2010, The Northern Territory Government renewed its agreement with Vista Gold for the care and maintenance of the site, demonstrating both the Government’s and Vista Gold’s commitment to assessing the feasibility of developing the site.

With an improvement in the gold price, Vista Gold Australia is working towards getting the site back to production, with approvals and permits expected to be in place during 2012.

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