Vista Gold

DENVER, July 31, 2019 /PRNewswire/ -- Vista Gold Corp. (NYSE American and TSX: VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended June 30, 2019. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on August 6, 2019. The Company's unaudited condensed consolidated financial statements, management's discussion and analysis, together with other applicable disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on July 31, 2019 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities. 

Second Quarter Highlights

• Latest test results continue to demonstrate average gold recoveries in the low-90% range;
• Commenced update to preliminary feasibility study ("PFS") on Vista's Mt Todd gold project, anticipated for completion in the third quarter; and
• Maintained solid working capital.

Summary of Q2 2019 Financial Results

Vista reported a net loss of $3.0 million, or $0.03 per share, for the three-month period ended June 30, 2019. The loss is comprised of $2.0 million of operating expenses and a $1.1 million mark-to-market loss on our investment in Midas Gold Corp., offset by other income of $0.1 million.

Working capital at June 30, 2019 was $9.6 million, including cash and short-term investments (comprised of government securities) of $6.3 million. The Company has no debt.

Mt Todd Update

Metallurgical test work at Vista's Mt Todd gold project continued throughout the second quarter. Initial leach test results on material from the Batman deposit with an 80% passing ("P80") grind size of approximately 50 microns achieved average gold recoveries of 92.7%, a six percentage point improvement from the average gold recoveries reported in the January 2018 prefeasibility study. Additional leach test work is nearing completion and final results are expected in the coming weeks.

Vista's President and CEO, Mr. Frederick H. Earnest commented, "As we come to the conclusion of the comprehensive metallurgical optimization program, we are encouraged by the intermediate results that continue to support recoveries in the low-90% range. While this testing program has continued, we have advanced work on an updated PFS to incorporate the improved gold recoveries and associated design changes. We have retained independent consultants to review the fine grinding circuit and complete an independent benchmarking study of our capital and operating costs, pre-production and ramp-up schedules, and staffing requirements. We believe these studies in tandem with the updated PFS will provide greater confidence in the economics of the project. As we move forward, we continue to focus on achieving a valuation that is reflective of a very large project in a low-risk jurisdiction, with favorable costs, robust economics, and environmental permits in hand."

We anticipate that the updated PFS on Mt Todd will be completed in the third quarter.

Management Conference Call

A conference call with management to review our financial results for the second quarter ended June 30, 2019 and to discuss corporate and project activities is scheduled for August 6, 2019 at 2:30 p.m. MDT.

Participant Toll Free: 844-898-8648
Participant International:  647-689-4225
Conference ID:  8192745

This call will also be webcast and can be accessed at the following web location: http://event.on24.com/r.htm?e=2056422&s=1&k=1501F7ED34AFAE300AE85AAA7B6582C9

This call will be archived and available at www.vistagold.com beginning August 6, 2019. An audio replay will be available for 21 days by calling toll-free in North America: 855-859-2056, passcode 8192745.

If you are unable to access the audio or phone-in on the day of the conference call, please email your questions to This email address is being protected from spambots. You need JavaScript enabled to view it..

All dollar amounts in this press release are in U.S. dollars.

Technical Report on Mt Todd

For further information on the Mt Todd gold project, see the Technical Report entitled "NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study Northern Territory, Australia", dated March 2, 2018 with an effective date of January 24, 2018, which is available on SEDAR and EDGAR as well as on Vista's website under the Technical Reports section.

John Rozelle, Vista's Sr. Vice President, a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has approved the information in this press release.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia. Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as the timing and completion of an updated Mt Todd PFS which incorporates the improved gold recoveries and associated design changes, completion of leach recovery testing as the last phase of a comprehensive testing program in the next month, the leach recovery tests to confirm the results of the testing work announced in August 2018; the Mt Todd gold project achieving a valuation that is reflective of a very large project in a low-risk jurisdiction, with favorable costs, robust economics and environmental permits in hand; and our belief that Mt Todd is the largest undeveloped gold project in Australia 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold. When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K filed in February 2019 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, June 24, 2019 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") is pleased to announce the appointment of Douglas Tobler as Chief Financial Officer of the Company effective July 1, 2019. He succeeds Jack Engele, who is retiring as Sr. Vice President and Chief Financial Officer, following 6 ½ years of service with the Company.

"Jack Engele has been a key member of our senior executive team for more than six years. On behalf of the Board of Directors and management, I would like to thank Jack for his many valuable contributions. His commitment to financial discipline and focus on capital management have been instrumental in maintaining our capital share structure while advancing the Mt Todd gold project," said Frederick H. Earnest, President and CEO of the Company.

Mr. Tobler brings more than 35 years of corporate financial management experience gained as a chief financial officer, CPA and corporate advisor. He has extensive experience with growth-stage resource companies, including most recently as CFO of Lydian International. Prior to Lydian, Mr. Tobler was CFO of Alacer Gold Corp. throughout the development and early years of operations of the Çöpler Gold Mine in Turkey. While a CPA and advisor, Mr. Tobler assisted numerous mining clients with strategic financial and corporate accounting objectives.

Mr. Earnest commented, "We are pleased to have Doug Tobler join our executive management team.  His extensive accounting, finance and corporate leadership experience will be an excellent addition to the Vista team as we continue to pursue our objective of creating shareholder value. Doug's broad industry experience will be invaluable as we position Vista for long-term success."

About Vista Gold Corp.

The Company is a gold project developer. The Company's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, the Company's objective of creating shareholder value and its plans related to the Mt Todd gold project, 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold. When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed in February 2019 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, May 29, 2019 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced excellent leach test results from the ongoing metallurgical test work at its Mt Todd gold project located in Northern Territory, Australia. These results are the first from a number of metallurgical tests being conducted on material from the Batman deposit. Leach tests on material with an 80% passing ("P80") grind size of approximately 50 microns achieved average gold recoveries of 92.7%. Gold recoveries at coarser grind sizes were consistent with previous test results on similarly sized material. Additional leach test work on samples with a finer design P80 grind size of 40 microns is nearing completion, with final results expected in the coming weeks.

Initial leach test results are from high-grade and deposit-average grade composites from the Batman deposit.  Samples BR153 and BR154 had individual head grades of 1.96 and 1.90 grams gold per tonne ("g Au/t"), respectively, while Samples BR161 and BR162 had individual head grades of 0.72 and 0.73 g Au/t, respectively.  Assays were completed in triplicate.  The reported gold recovery is based on the average of the three assays.  The following table summarizes the leach test results.

Frederick H. Earnest, President and Chief Executive Officer, commented, "We are very encouraged by these results, which further support our confidence that finer grind sizes will yield higher gold recoveries. Our design contemplates a P80 particle size of 40 microns.  The current testing is being completed on samples with estimated head grades of 0.8 to 1.7 g Au/t at target grind sizes of 45, 38 and 30 microns.  We expect to receive the remaining leach test results in batches over the next several weeks and anticipate recoveries to be in the low ninety-percent range, consistent with the results above and our work as previously announced in August 2018.  This is a significant improvement from the average gold recoveries of 86.4% reported in the January 2018 prefeasibility study and represents the potential to recover approximately 300,000 more ounces of gold over the life of the project."

The comprehensive results will be incorporated into an updated prefeasibility study currently scheduled for completion in the third quarter of this year.

Qualified Person

Deepak Malhotra, on behalf of Resource Development Inc., an independent Qualified Person as defined by Canadian National Instrument 43-101, supervised the preparation of the information that forms the basis for the scientific and technical information disclosed herein and has reviewed this press release and consented to its release. 

For further information on the Mt Todd Gold Project, see the Technical Report entitled "NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study Northern Territory, Australia," dated March 2, 2018 with an effective date of January 24, 2018, which is available on SEDAR as well as on Vista's website under the Technical Reports section.

About Vista Gold Corp.

The Company is a gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that recoveries in the low 90% range may be achieved for the Mt Todd gold project; our belief that the testing results show higher recoveries at finer grind sizes; our plans to undertake additional testing over specified estimated head grades and target grind sizes; timing of and completion of such testing; results of future testing; timing and completion of an updated preliminary feasibility study; incorporating the results of this and ongoing leach testing; and that actual results will be consistent with test work results 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: test results are indicative of actual results, no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed in February 2019 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, May 6, 2019 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended March 31, 2019. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on May 8, 2019.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on May 6, 2019 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities. 

Summary of Q1 2019 Financial Results

Vista reported a net loss of $2.7 million or $0.03 per share for the three-month period ended March 31, 2019. The loss is comprised of $2.1 million of operating expenses and a $0.6 million mark-to-market loss on our investment in Midas Gold Corp., offset by other income of $0.1 million.

Working capital at March 31, 2019 totaled approximately $10.7 million, including cash and short-term investments (comprised of government securities) of approximately $6.4 million. The Company currently has no debt.

Subsequent to the period end, the Company received the second $1.5 million option payment from Minera Alamos for the Guadalupe de los Reyes gold / silver project in Sinaloa, Mexico.  (Please refer to Vista's April 24, 2019 press release).

Mt Todd Update

During the quarter grinding tests were completed on 470 kilograms of samples with average grades ranging from 0.8 to 1.7 grams gold per tonne (g Au/t), from its Mt Todd gold project. The preliminary grinding test results confirm the results of previous tests, which indicated that the power required to achieve a target grind size of 38-45 microns is less than was estimated in the 2018 preliminary feasibility study.  (Please refer to Vista's January 24, 2018 press release.)  We have started an update of the Mt Todd technical report and plan to incorporate these test results into an updated preliminary feasibility study scheduled for completion in the coming months.

Vista's President and CEO, Mr. Frederick H. Earnest commented, "With completion of the grinding tests, we are now able to complete leach recovery testing as the last phase of a comprehensive testing program.  With the anticipated completion of the leach recovery tests in the next month, we expect to generate grind-size leach recovery curves covering a wide range of potential ore feed grades. The relationship between the grind-size and gold recovery on Mt Todd samples is well established, and we expect the leach recovery tests to confirm the results of the test work announced in August 2018.  (Please refer to Vista's August 2, 2018 press release.)

We are also pleased with the receipt of the Guadalupe de los Reyes option payment as it provides the Company with non-dilutive financing, consistent with our corporate strategy."

Management Conference Call

A conference call with management to review our financial results for the first quarter ended March 31, 2019 and to discuss corporate and project activities is scheduled for May 8, 2019 at 2:30 p.m. MDT.

Participant Toll Free: 844-898-8648
Participant International:  647-689-4225
Conference ID:  2857058

This call will be archived and available at www.vistagold.com after May 8, 2019.  Audio replay will be available for 21 days by calling toll-free in North America: 855-859-2056, passcode 2857058.

If you are unable to access the audio or phone-in on the day of the conference call, please email your questions to This email address is being protected from spambots. You need JavaScript enabled to view it..

All dollar amounts in this press release are in U.S. dollars.

Technical Report on Mt Todd

For further information on the Mt Todd Gold Project, see the Technical Report entitled "NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study Northern Territory, Australia", dated March 2, 2018 with an effective date of January 24, 2018, which is available on SEDAR as well as on Vista's website under the Technical Reports section.

John Rozelle, Vista' s Sr. Vice President, a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has approved the information in this press release.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that an update of the Mt Todd technical report incorporating new test results into a new report will be completed prior to the end of the second quarter 2019, completion of leach recovery testing as the last phase of a comprehensive testing program in the next month, the leach recovery tests to confirm the results of the testing work announced in August 2018; and our belief that Mt Todd is the largest undeveloped gold project in Australia 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed in February 2019 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, May 2, 2019 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE American and TSX: VGZ) today announced the voting results from its annual general and special meeting of shareholders held on Thursday, May 2, 2019 in Vancouver, British Columbia (the "Meeting").

A total of 70,930,518 common shares in the capital of the Company ("Common Shares") were represented at the meeting, being 70.72% of the Common Shares.  Detailed results for the ballot votes for the election of directors are as follows:

In addition, at the Meeting, shareholders appointed Plante & Moran PLLC as auditors of the Company and passed ordinary resolutions to approve: on an advisory basis, the compensation of the Company's Named Executive Officers; the amendments to the Company's Long Term Equity Incentive Plan and all unallocated awards granted thereunder; and the Company's Deferred Share Unit Plan.  

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia. Mt Todd is the largest undeveloped gold project in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.  

For further information, please contact Pamela A. Solly, Vice President of Investor Relations at (720) 981-1185 or This email address is being protected from spambots. You need JavaScript enabled to view it..

SOURCE Vista Gold Corp.

DENVER, April 24, 2019 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced that it has received the second $1.5 million option payment from Minera Alamos for the Guadalupe de los Reyes gold / silver project in Sinaloa, Mexico (the "GdlR Project").  

In October 2017, Vista granted Minera Alamos an exclusive option to earn a 100% interest in the GdlR Project by, among other things, making payments totaling $6.0 million comprised of a payment of $1.5 million made at the execution of the option agreement, two successive payments of $1.5 million each to be made at the one-year and two-year anniversaries of the option agreement, and a final $1.5 million payment to be made on or before the four-year anniversary of the option agreement.

In October 2018, the Company and Minera Alamos agreed to defer the payment date for the second option payment by six months to April 23, 2019. As consideration for the deferral, Minera Alamos paid Vista an additional $150,000 in cash, plus $65,700 of interest.

To date, the Company has received $3.2 million from Minera Alamos for the GdlR Project, all of which is non-refundable.

Frederick H. Earnest, President and Chief Executive Officer, commented, "We are pleased to have received the second payment under the option agreement, which will strengthen Vista's cash position. We believe this payment is indicative of Minera Alamos' commitment to continue to advance the GdlR Project."

All dollar amounts in this press release are in U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Pamela Solly at (720) 981-1185.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our expectation that our cash position will be strengthened as a result of the option payment and our belief that the additional consideration offered by Minera Alamos demonstrates their commitment to advance the GdlR Project 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 discussions with Minera Alamos, our reliance that Minera Alamos will be able to raise funds to finance its business plans; 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. When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed in February 2019 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, April 8, 2019 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced that the fine grinding tests on 470 kilograms of samples from its Mt Todd gold project are complete and that the final products are being returned to Denver for leach recovery testing.  Due to backlogs at the labs of Core Metallurgy and FLSmidth, the testing program was delayed four to five weeks and final leach recovery results are now expected in May.  The preliminary grinding test results confirm the results of previous tests, which indicated that the power required to achieve a target grind size of 38-45 microns is less than was estimated in the 2018 updated preliminary feasibility study.  (Please refer to Vista's January 24, 2018 press release.)

Vista's President and CEO, Mr. Frederick H. Earnest commented, "The completion of the grinding tests on samples with average grades ranging from 0.8 to 1.7 grams gold per tonne (g Au/t) now allows us to complete leach recovery testing as the last phase of this comprehensive testing program. With the results of these grinding tests, we have a significant amount of data for ongoing and future evaluations of both the IsaMill and VXP stirred-media mills.  The tests at both laboratories confirm lower anticipated power requirements and provide the basis for a favorable adjustment in our project evaluation.  With the anticipated completion of the leach recovery tests in the next month, we expect to generate grind-size leach recovery curves covering a wide range of potential ore feed grades.  The relationship between the grind-size and gold recovery on Mt Todd samples is well established.  We expect the leach recovery tests to confirm the results of the testing work announced in August 2018.  (Please refer to Vista's August 2, 2018 press release.)  We have commenced an update of the Mt Todd technical report and plan to incorporate these test results into a new report presently scheduled for completion prior to the end of the second quarter 2019."

Technical Report on Mt Todd Gold Project

For further information on the Mt Todd gold project, see the Technical Report entitled "NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study Northern Territory, Australia," dated March 2, 2018 with an effective date of January 24, 2018, which is available on SEDAR, EDGAR and Vista's website under the Technical Reports section.

Deepak Malhotra, Vista's principal metallurgical consultant and President of Prosolv Consulting, LLC, a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has approved the information in this press release.

About Vista Gold Corp.

The Company is a well-funded gold project developer. The Company's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Pamela Solly, Vice President, Investor Relations at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that the power required to achieve the target grind size is less than previously estimated; our expectation that the further data  can be used for ongoing and future evaluations of the mills; our belief that the test results  confirm lower anticipated power requirements and provide for a basis for a favorable adjustment in our project evaluation; our belief that the anticipated leach recovery tests will generate grind-size leach recovery curves covering a wide range of potential ore feeds; our belief that the relationship between grind-size and gold recovery on Mt Todd samples is well-established; our belief that the leach recovery tests will confirm the results of the testing working announced in August 2018; and the timing of and our intention to update the Mt Todd technical report 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, the results of the test work on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and changes to current economic conditions and the price of gold. When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company' s future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed in February 2019 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, April 1, 2019 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced that it has appointed Pamela A. Solly as Vice President, Investor Relations of the Company effective immediately. She succeeds Connie Martinez who retired as Manager, Investor Relations on December 31, 2018 following 14 ½ years of service with the Company. Ms. Solly is an accomplished mining investor relations executive with 30 years of experience.  Previously she held key investor relations positions with Cyprus Amax Minerals, Thompson Creek Metals and most recently with Lydian International.

Vista's President and CEO, Mr. Frederick H. Earnest commented, "We are pleased to have Pamela Solly join our executive team.  We welcome her knowledge of domestic and international mining projects and familiarity with global fund managers, high net-worth investors and retail shareholders as we seek to realize shareholder value in line with the intrinsic value of the Mt Todd gold project.  Pamela brings experience that complements our commitment to maintaining strong stakeholder relations, from the local project level to our largest and most supportive shareholders.  We look forward to her leadership in strengthening existing relationships and in establishing new ones.  In welcoming Pamela to our team, we also thank Connie Martinez for her many years of dedicated service and wish her the very best in her retirement."

About Vista Gold Corp.

The Company is a well-funded gold project developer. The Company's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact the Company at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, the Company seeking to realize shareholder value in line with the intrinsic value of the Mt Todd gold project, 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold. When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed in February 2019 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, March 14, 2019 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced that it has increased the size of its Board of Directors from six to seven, and appointed Ms. Deborah Friedman as a director of the Company. Ms. Friedman is a successful mining company executive with over 38 years of international and domestic industry experience with major, mid-tier and junior companies, and a retired partner from the law firm of Davis Graham & Stubbs LLP.  The Board of Directors will consider board committee appointments at its next regularly scheduled meeting.

Vista's Chairman of the Board, Mr. Michael Richings, commented, "We are pleased to welcome Deborah Friedman to the Board and look forward to her contributions as we seek a partner for the development of the Mt Todd gold project.  We believe that Ms. Friedman's past experience with domestic and international development project joint ventures, corporate and project finance, business combination transactions, mine development/operations matters, and exploration joint ventures, will be of benefit as the Company continues its efforts to realize shareholder value in line with the intrinsic value of the Mt Todd gold project.  We are very fortunate to add someone with Deborah's credentials and extensive international experience to our Board."

About Vista Gold Corp.

The Company is a well-funded gold project developer. The Company's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia. 

For further information, please contact the Company at (720) 981-1185.

Forward Looking Statements  
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future. When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed in February 2019 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Feb. 25, 2019 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced its audited financial results and highlights for the fiscal year ended December 31, 2018. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MST on February 27, 2019. The Company's consolidated audited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

2018 Mt Todd Highlights

Vista is focused on the Mt Todd gold project in Northern Territory, Australia where the Company completed and announced a number of important project economic and permitting milestones in 2018, including:

• InJanuary 2018, Vista was notified that its request for authorization of a controlled activity, as required under the Commonwealth Environmental Protection and Biodiversity Conservation Act, had been approved. With this approval, Vista holds all major environmental approvals necessary for the development of the Mt Todd gold project.
• Also in January 2018, Vista announced the results of an updated Mt Todd preliminary feasibility study ("PFS") which demonstrated significant economic improvements resulting from the inclusion of ore sorting, a newly designed two-stage grinding circuit and improved gold recoveries estimated to be 86.4%.
• In August 2018, the Company announced that additional fine-grinding and leaching tests completed on low-grade samples (averaging 0.66 grams gold per tonne) demonstrated that with a modified PFS grinding circuit, including fine grinding capability, it was possible to produce a finer final product with improved gold recoveries in excess of 90%, with no increase in process area power requirements.
• In November 2018, the Company filed the Mine Management Plan (mine operating permit) for the Mt Todd gold project with the Northern Territory Department of Mines.

Additionally, in January 2019 Vista announced that high pressure grinding roll crusher and ore sorting tests on 5 tonnes of high-grade samples confirmed previous ore sorting test results.  The material from those tests is now being used to confirm the Company's expectation of gold recoveries above 90% over a broad range of ore head grades. Analysis indicates that each 1% improvement in gold recoveries could add approximately 0.5% to Mt Todd's after-tax IRR, and approximately $25 million to after-tax NPV_5%.

Frederick H. Earnest, President and Chief Executive Officer, commented, "2018 was a productive year for Vista.  We successfully demonstrated the positive economic impact of the testing programs and design changes completed over the previous 16 months.  Subsequently, we identified new optimization opportunities that we expect will have additional positive impacts on the Mt Todd project economics.  With the project optimization testing programs coming to a conclusion, we plan to release an updated PFS for the Mt Todd gold project in the second quarter of this year.  We expect this study will further demonstrate the positive impacts of the recently improved gold prices, weaker Australian dollar, and improved gold recovery resulting from a finer final grind size than was thought to be achievable in January 2018."

Summary of 2018 Financial Results

We reported a net loss of $8.7 million or $0.09 per share for the year ended December 31, 2018. The principal components of this loss are: $10.8 million of operating expenses which include a $1.0 million asset impairment charge related to our used mill equipment; a $1.7 million mark-to-market gain on our investment in Midas Gold Corp; and interest and other income of $0.4 million.

Our working capital at December 31, 2018 totaled approximately $13.2 million, including cash and short-term investments (comprised of government securities) of approximately $8.1 million. The Company currently has no debt.

Management Conference Call

A conference call with management to review our financial results for the fiscal year ended December 31, 2018 and to discuss corporate and project activities is scheduled for Monday February 27, 2019 at 2:30 p.m. MST.

Participant Toll Free: 844-898-8648
International:  647-689-4225
Conference ID:  2155425

This call will also be web-cast and can be accessed at the following web location: http://event.on24.com/r.htm?e=1944360&s=1&k=D1B06551AE5A926700E64154DE175A33

This call will be archived and available at www.vistagold.com after February 27, 2019.  Audio replay will be available for 21 days by calling toll-free in North America: 855-859-2056, passcode 2155425.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Paula Shade (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in this press release are in U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. The Company's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact the Company at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that with a modified PFS grinding circuit, including fine grinding capability, it is possible to improve gold recoveries in excess of 90% with no increase in process area power requirements; our expectation that gold recoveries above 90% over a broad range of ore head grades is possible; our belief that each 1% improvement in gold recoveries could add approximately 0.5% to Mt Todd's after-tax IRR, and approximately $25 million to after-tax NPV_5%; our plan to release an updated PFS for the Mt Todd gold project in the second quarter of this year; our expectation that this study will further demonstrate the positive impacts of the recently improved gold prices, weaker Australian dollar, and improved gold recovery resulting from a finer final grind size; and our expectation that new optimization opportunities that we have identified will have additional positive impacts on the Mt Todd project economics 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which the Company operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which the Company operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 6, 2018 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Jan. 9, 2019 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced that recent high pressure grinding roll ("HPGR") crusher and ore sorting tests on high-grade samples confirm previous test results. The Company also announced its plans to complete fine grinding and leaching tests in the 1st quarter of 2019 and to follow these results with updated preliminary feasibility study ("PFS") economics in the 2nd quarter of 2019.

Interim Met Testing Results Confirm Benefits of Ore Sorting

Additional HPGR and ore sorting tests were completed on two, 2.5 tonne samples from Mt Todd's Batman deposit containing 1.39 and 1.70 grams of gold per tonne ("g Au/t"), respectively. This testing program confirmed two important results:

• HPGR crushing followed by screening results in increased concentration of gold in the fine fraction, and
• the small amount of gold lost in the rejected material is proportionally lower when sorting higher-grade material.

As with previous tests, the samples were HPGR crushed at the facilities of Thyssen Krupp Industries in Germany and screened at 16 millimeters ("mm"), approximately 5/8 inches.  The coarse fraction (+16mm) was sent to the facilities of Tomra Sorting Solutions in Germany, where 2-stage (x-ray transmission and laser) sorting tests were completed using production-sized and commercially available equipment.  The following table summarizes the results of the testing program for each of the samples and compares these results to previous bulk tests on low-grade samples.

Frederick H. Earnest, President and Chief Executive Officer commented, "These tests confirm the value-adding benefit of ore sorting for the Mt Todd gold project and demonstrate lower gold losses with higher grade crusher feed.  We attribute these results to the favorable characteristics of the Batman deposit.  Simply stated, the gold-containing sulfide minerals and quartz/calcite veining are more easily broken into small particles than the non-mineralized host rock.  Where this breakage does not result in clean separation from the host rock in the first pass of HPGR crushing, the gold-bearing minerals are easily identified and separated in the ore sorting circuit.  These results complement our previously announced fine grinding and leaching test results (please refer to our August 2, 2018 press release) and we expect that these results will support additional improvements in the economics of the Mt Todd gold project when we complete the PFS economics expected in the 2^nd quarter of this year."

Met Testing and PFS Update Schedule

The crushed and sorted samples have been transported to the facilities of Resource Development Inc., where sample preparation has been completed for assaying and additional fine grinding, leaching and tailings characterization tests.  Samples are being sent to Core Metallurgy Pty Ltd to obtain additional fine grinding data simulating grinding in the horizontal IsaMill and to the FLSmidth Minerals Testing and Research Center to obtain data simulating grinding in the vertical VPX Mill.  Both tests will target a final product size of 38-45 microns and will generate a sufficient volume of material for subsequent leach tests.  The fine grinding and leach tests are expected to be completed in the 1^st quarter of 2019 with final results expected to be available in the 2^nd quarter of 2019.

The Company has completed additional tailings characterization tests and concluded that no material design changes are required to proceed to the economic analysis using a final grind size of 38-45 microns.  At this time, the Company anticipates announcing the results of an updated PFS in the 2^nd quarter of 2019.

Mr. Earnest added, "We expect the combination of the recently improved gold prices, weaker Australian dollar, and improved gold recovery to have a positive impact on the economics of the Mt Todd gold project.  We anticipate that the planned testing programs will confirm our ability to achieve a nearly constant tail grade at the target grind size, which has previously demonstrated gold recoveries better than 90% with no increase in process area power requirements."

Qualified Person

Deepak Malhotra, on behalf of Prosolv Consulting LLC, an independent Qualified Person as defined by Canadian National Instrument 43-101, supervised the preparation of the information that forms the basis for the scientific and technical information disclosed herein and has reviewed this press release and consented to its release. 

For further information on the Mt Todd Gold Project, see the Technical Report entitled "NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study Northern Territory, Australia," dated March 2, 2018 with an effective date of January 24, 2018, which is available on SEDAR as well as on Vista's website under the Technical Reports section.

About Vista Gold Corp.

The Company is a well-funded gold project developer. The Company's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact the Company at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our plans to complete fine grinding and leaching tests in the 1^st quarter of this year and update the PFS economics in the 2^nd quarter of this year; our expectation that with the combination of the recently improved gold prices, weaker Australian dollar, and improved gold recovery the updated PFS will disclose improvements in the economics of the Mt Todd gold project; our belief that no material design changes are required to proceed to the economic analysis using a final grind size of 38-45 microns; our belief that ore sorting for the Mt Todd gold project will result in lower gold losses with higher grade crusher feed; our anticipation that the planned testing programs will confirm our ability to achieve a nearly constant tail grade at the target grind size, which has previously demonstrated gold recoveries better than 90% with no increase in process area power requirements; our anticipation that the Company will announce the results of an updated PFS in the 2^nd quarter of this year, 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which the Company operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which the Company operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 6, 2018 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Oct. 29, 2018 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the third quarter ended September 30, 2018. Management's quarterly conference call to discuss these results is scheduled for 10:00 a.m. MDT on October 31, 2018.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on October 29, 2018 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of Q3 2018 Financial Results

We reported a net loss of $2.1 million or $0.02 per share for the three-month period ended September 30, 2018. The loss is comprised of $1.9 million of operating expenses, a $0.3 mark-to-market loss on our investment in Midas Gold Corp., offset by other income of $0.1 million.

Our working capital at September 30, 2018 totaled approximately $15.0 million, including cash and short-term investments (comprised of government securities) of approximately $10.2 million. The Company currently has no debt.

Mt Todd Update

During the quarter, we completed grinding and leaching tests indicating that gold recoveries exceeding 90% may be achieved for the Mt Todd gold project, depending on final grind size.  These tests of the second stage grinding circuit suggest that the Mt Todd ore can be ground to a finer final product size with lower power consumption than previously estimated.  Leaching the finer final product size material again confirmed higher recoveries at finer grind sizes. Based on these initial results, Vista has commenced additional testing to: (a) confirm results over a broad range of feed grades, (b) justify design changes and (c) support a possible update of the project economics.

Frederick H. Earnest, President and Chief Executive Officer, commented, "We are excited about the potential for the gold recovery improvements at Mt Todd, indicated by the test results announced this quarter.  Based on those results we are now targeting a gold recovery greater than 90% as compared to 86.4% estimated in our January 2018 PFS. We believe these improved recoveries can be achieved without any increase in power consumption or capital costs. We estimate that each 1% improvement in gold recovery adds about 0.5% to Mt Todd's after-tax IRR, and about $25 million to after-tax NPV_5.  To advance our testing of the second stage grinding circuit to feasibility level, we are conducting additional fine grinding tests on samples representing a variety of ore types from Mt Todd and covering a range of head grades.  These grinding tests will be followed by leaching tests to determine expected recoveries for a range of ore grades at various finer grind sizes.  The tests will also provide further data regarding the power requirements and grinding media consumption. This is a continuation of our strategy to add value at a relatively low cost. While we believe that the Mt Todd project demonstrates significant value at today's gold price, we are committed to achieving greater shareholder value that will accrue from our ongoing optimization work and improved market conditions."

Technical Report on Mt Todd

For further information on the Mt Todd Gold Project, see the Technical Report entitled "NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study Northern Territory, Australia," dated March 2, 2018 with an effective date of January 24, 2018, which is available on SEDAR as well as on Vista's website under the Technical Reports section.

John Rozelle, Vista's Sr. Vice President, a Qualified Person as defined by NI 43-101, has approved the information in this press release.

Management Conference Call

A conference call with management to review our financial results for the third quarter ended September 30, 2018 and to discuss corporate and project activities is scheduled for Wednesday, October 31, 2018 at 10:00 a.m. MDT.

Participant Toll Free: 844-898-8648
Participant International:  647-689-4225
Conference ID:  1557628

This call will also be web-cast and can be accessed at the following web location:
http://event.on24.com/r.htm?e=1862416&s=1&k=6E652879929B43149713ECBCB7228315

This call will be archived and available at www.vistagold.com after October 31, 2018.  Audio replay will be available for 21 days by calling toll-free in North America: 855-859-2056, passcode 1557628.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in this press release are in U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that we may achieve gold recoveries exceeding 90% for the Mt Todd gold project, depending on final grind size; our belief that the Mt Todd ore can be ground to a finer final product size with lower power consumption than previously estimated; our estimate that each 1% improvement in gold recovery adds about 0.5% to Mt Todd's after-tax IRR, and about $25 million to after-tax NPV_5; our plans to advance our testing of the second stage grinding circuit to feasibility level, followed by leaching tests to determine expected recoveries for a range of ore grades at various finer grind sizes; our expectation that these tests will also provide further data regarding the power requirements and grinding media consumption; our belief that the Mt Todd project demonstrates significant value at today's gold price, and that greater shareholder value will accrue from our ongoing optimization work and improved market conditions; and our belief that Mt Todd is the largest undeveloped gold project in Australia 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 6, 2018 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Oct. 24, 2018 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced that it has agreed to extend the due date for the second $1.5 million option payment for the Guadalupe de los Reyes gold / silver project in Sinaloa, Mexico (the "GdlR Project") by six months to April 23, 2019. As consideration for the deferral, the Company will receive an additional $150,000 in cash, $50,000 of which was paid to Vista on October 24, 2018 and $100,000 of which Minera Alamos Inc. ("Minera Alamos") has agreed to pay by January 23, 2019. In addition, Minera Alamos has agreed to pay interest at a rate of 1.5% per month on the unpaid balance of the $1.5 million payment beginning January 24, 2019.

On October 24, 2017, we announced the closing of the option agreement, wherein Vista granted Minera Alamos an exclusive option to earn a 100% interest in the GdlR Project by, among other things, making payments totaling $6.0 million comprised of a payment of $1.5 million made at the execution of the option agreement, two successive payments of $1.5 million each to be made at the one-year and two-year anniversaries of the option agreement, and a final $1.5 million payment to be made before the four-year anniversary of the option agreement.  To date, the Company has received the initial $1.5 million payment as partial consideration for the GdlR Project and $50,000 as partial consideration for the six month deferral of the second payment.

Frederick H. Earnest, President and Chief Executive Officer, commented, "Minera Alamos has made good progress in advancing the GdlR Project. We believe the additional consideration they have offered demonstrates their commitment to the planned development of the project." 

All dollar amounts in this press release are in U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our expectation that we will receive $100,000 no later than January 23, 2019 and interest at a rate of 1.5% per month on the unpaid balance of the deferred payment beginning January 24, 2019; and our belief that the additional consideration offered by Minera Alamos demonstrates their commitment to the planned development of the project 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 discussions with Minera Alamos, our reliance that Minera Alamos will be able to raise funds to finance its business plans; 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. When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 6, 2018 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Aug. 2, 2018 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced results of its ongoing grinding and leaching tests indicating that gold recoveries exceeding 90% may be achieved for the Mt Todd gold project, depending on final grind size.  Recently completed tests of the second stage grinding circuit undertaken by Core Metallurgy and FLSmidth, under the direction of Resource Development Inc. ("RDi"), suggest that the Mt Todd ore can be ground to a finer final product size with lower power consumption than previously estimated.  Leaching the finer final product size material has again confirmed higher recoveries at finer grind sizes.  Based on these initial results, Vista now plans to undertake additional testing to: confirm results over a broad range of feed grades, justify design changes and support a possible update of the project economics.

Leach Test Results

Leach tests were completed on two low-grade composites of ore from Mt Todd.  Composite 1 had an average head grade of 0.66 g Au/t (individual head grades ranging from 0.64 to 0.69 g Au/t), while Composite 4 had an average head grade of 0.65 g Au/t (individual head grades ranging from 0.60 to 0.79 g Au/t).  Leach tests were completed in triplicate on the product from each grinding test.  The following table summarizes the leach test results at various final grind sizes for the two types of stirred media mills tested, compared to the results of previous tests where the samples were prepared in a ball mill.

Frederick H. Earnest, President and Chief Executive Officer, commented, "The implementation of stirred media grinding technology in the design of the 2^nd stage grinding circuit has allowed us to achieve significant energy efficiency improvements.  We believe that we may be able to achieve another significant reduction in final particle size without any increase in power consumption.  These test results are based on low-grade composites and some indications point to even higher recoveries on average and higher-grade material.  We now plan to undertake additional tests of the second stage grinding circuit on a variety of ore types from Mt Todd followed by leaching tests to determine expected recoveries for a range of ore grades at various finer grind sizes.  This is a continuation of our strategy to add value at a relatively low cost."

2^nd Stage Grinding Tests

Vista has completed grinding tests in lab-scale stirred media mills to more accurately estimate the power consumption and final product particle size distribution for the planned 2^nd stage of the Mt Todd grinding circuit.  Previous power consumption estimates were determined from data obtained in 2-stage grinding tests using lab-scale ball mills.  As reported in our updated preliminary feasibility study (see our press release dated January 24, 2018), Vista plans to use IsaMills (a type of horizontal, stirred media mill) as the principal equipment in the 2^nd stage grinding circuit.  Core Metallurgy Pty Ltd in Albion, Queensland (Core) is specifically licensed to complete IsaMill testing and simulations.  They were retained and directed by RDi to complete the grinding tests.  Similarly, FLSmidth manufactures VXPmills and undertakes testing and simulations in their proprietary lab.  Both the IsaMill and VXPmill are stirred media mills with demonstrated capabilities as fine grinding mills.  Core reported that the initial samples were initially ground to a finer product size because the samples required less time and energy than expected to reach the target particle size.  In addition to lower energy consumption, Core also reported lower grinding media consumption rates.     

Next Steps

Vista is continuing this work with additional grinding and leaching studies.  The grinding studies will allow Vista to obtain further data regarding the power requirements and grinding media consumption for an IsaMill to produce finer final product from Mt Todd mineral composites of various different head grades.  The product generated in these tests will then be subjected to leach tests to develop leach recovery vs head grade curves.  These results, expected to be available later this year, will then be used to re-assess project economics and determine if the economics of the updated preliminary feasibility study should be re-stated.

Qualified Person

Deepak Malhotra, on behalf of Resource Development Inc., an independent Qualified Person as defined by Canadian National Instrument 43-101, supervised the preparation of the information that forms the basis for the scientific and technical information disclosed herein and has reviewed this press release and consented to its release. 

For further information on the Mt Todd Gold Project, see the Technical Report entitled "NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study Northern Territory, Australia," dated March 2, 2018 with an effective date of January 24, 2018, which is available on SEDAR as well as on Vista's website under the Technical Reports section.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that recoveries exceeding 90% may be achieved for the Mt Todd gold project, depending on final grind size; our belief that the testing results show higher recoveries at finer grind sizes, lower energy consumption and lower grinding media consumption rates at a relatively low cost; our plans to undertake additional testing over a broad range of feed grades, justify design changes and support a possible update of the project economics; our belief that we may be able to achieve significant energy improvements and another significant reduction in final particle size without any increase in power consumption; the potential for higher recoveries on deposit average and higher-grade material;  conditions; our plans to use IsaMills as the principal equipment in 2^nd stage grinding circuit and our potential reassessment of project economics and restatement of the updated preliminary feasibility study 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 6, 2018 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, July 25, 2018 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the second quarter ended June 30, 2018. Management's quarterly conference call to discuss these results is scheduled for 10:00 a.m. MDT on July 27, 2018.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on July 25, 2018 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of Q2 2018 Financial Results

We reported a net loss of $1.9 million or $0.02 per share for the three-month period ended June 30, 2018. The loss is substantially all comprised of operating expenses.

Our working capital at June 30, 2018 totaled approximately $16.9 million, including cash and short-term investments (comprised of government securities) of approximately $11.6 million. The Company currently has no debt.

Corporate Update

We continue to seek opportunities to improve the value of the Mt Todd gold project.  Ongoing fine-grinding tests suggest that we will be able to achieve a finer grind size with the same or slightly lower power requirements.  We expect to be able to announce the leach results associated with these grind-size tests in the near future. 

Frederick H. Earnest, President and Chief Executive Officer, commented, "While we believe that the Mt Todd project demonstrates significant value at today's gold price, we are committed to achieving greater shareholder value that will accrue from our ongoing optimization work and improved market conditions."      

Management Conference Call

A conference call with management to review our financial results for the second quarter ended June 30, 2018 and to discuss corporate and project activities is scheduled for Friday, July 27, 2018 at 10:00 a.m. MDT.

Participant Toll Free: 844-898-8648
Participant International:  647-689-4225
Conference ID:  9159679

This call will also be web-cast and can be accessed at the following web location: http://event.on24.com/r.htm?e=1803250&s=1&k=2A2DFE74EFB44C5C7A48A0679EE58D13

This call will be archived and available at www.vistagold.com after July 27, 2018.  Audio replay will be available for 21 days by calling toll-free in North America: 855-859-2056, passcode 9159679.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in this press release are in U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that we will be able to achieve a finer grind size with the same or slightly lower power requirements and that improved gold recoveries can be achieved at finer grind sizes;  our expectation that we will announce the leach results associated with these grind-size tests in the near future; our belief that the Mt Todd project demonstrates significant value at today's gold price; our belief that greater shareholder value that will accrue from our ongoing optimization work and improved market conditions; and our belief that Mt Todd is the largest undeveloped gold project in Australia 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 6, 2018 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, April 27, 2018 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the first quarter ended March 31, 2018. Management's quarterly conference call to discuss these results is scheduled for 10:30 a.m. MDT on May 4, 2018.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on April 27, 2018 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of Q1, 2018 Financial Results

We reported a net loss of $0.9 million or $0.01 per share for the three-month period ended March 31, 2018. This includes $3.1 million of operating expenses, a $2.0 million mark-to-market gain on our investment in Midas Gold Corp. and other income of $0.2 million.

Our working capital at March 31, 2018 totaled approximately $18.6 million, including cash and short-term investments (comprised of government securities) of approximately $13.3 million. The Company currently has no debt.

Frederick H. Earnest, President and Chief Executive Officer, commented, "In the first quarter, we announced the achievement of two important milestones for the Mt Todd gold project.  The approval of the authorization required under the Australian Commonwealth Environmental Protection and Biodiversity Protection Act marks the successful conclusion of several years of environmental permitting work. The updated preliminary feasibility study results demonstrate the significant positive impact of the technical programs that were completed during the preceding 18 months. We are now undertaking optimization studies which we expect to complete over the next two quarters." 

Management Conference Call

A conference call with management to review our financial results for the quarter March 31,2018 and to discuss corporate and project activities is scheduled for Friday, May 4, 2018 at 10:30 a.m. MDT.

Participant Toll Free: 844-898-8648
International:  647-689-4225
Conference ID:  7285669

This call will also be web-cast and can be accessed at the following web location:
http://event.on24.com/r.htm?e=1664998&s=1&k=26A74DF95DF920CD5DE2CF8A1A66A766

This call will be archived and available at www.vistagold.com after May 4, 2018.  Audio replay will be available for 21 days by calling toll-free in North America: 855-859-2056, passcode 7285669.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in this press release are in U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest undeveloped gold project in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that our completed technical programs have a significant positive impact on the Mt Todd project feasibility study; our expectation that we will complete optimization studies over the next two quarters; and our belief that Mt Todd is the largest undeveloped gold project in Australia 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments, preliminary feasibility studies and feasibility studies on our projects, if any, our experience with regulators, our experience and knowledge of the Australian mining industry and positive changes to current economic conditions and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 6, 2018 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, April 26, 2018 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE American and TSX: VGZ) today announced the voting results from its annual general and special meeting of shareholders held on Thursday, April 26, 2018 in Vancouver, British Columbia (the "Meeting").

A total of 60,182,042 common shares in the capital of the Company ("Common Shares") were represented at the meeting, being 60.54% of the Common Shares.  Detailed results for the ballot votes are as follows:

In addition, at the Meeting, shareholders appointed EKS&H LLLP as auditors of the Company and passed ordinary resolutions to approve: on an advisory basis, the compensation of the Corporation's Named Executive Officers; and all unallocated options under the Corporation's Stock Option Plan.

The Corporation received some feedback from shareholders on the matters to approve all unallocated awards under the Corporation's Long Term Equity Incentive Plan and to adopt a Deferred Share Unit Plan for the Corporation.   Management plans to take some time to consider the feedback received.  Accordingly, these matters were not considered at the Meeting.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia. Mt Todd is the largest undeveloped gold project in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.  

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

DENVER, March 6, 2018 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced its audited financial results and highlights for the fiscal year ended December 31, 2017. Management's quarterly conference call to discuss these results is scheduled for 10:30 a.m. MST on March 9, 2018. The Company's full audited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of 2017 Financial Results

We reported a net loss of $12.0 million or $0.12 per share for the year ended December 31, 2017. This includes $10.8 million of operating and other expenses, and a $1.2 million mark-to-market loss on our investment in Midas Gold Corp.

Our working capital at December 31, 2017 totaled approximately $19.0 million, including cash and short-term investments (comprised of government securities) of approximately $16.6 million. The Company currently has no debt.

Frederick H. Earnest, President and Chief Executive Officer, commented, "2017 was a productive year for Vista.  Ongoing environmental permitting work and extensive testing to improve the process flowsheet culminated in two important milestones for the Mt Todd gold project early this year.  On January 22^nd we were notified that our request for authorization of a controlled activity, as required under the Commonwealth Environmental Protection and Biodiversity Conservation Act, had been approved.  This means that Vista now has all the major environmental approvals necessary for the development of the Mt Todd gold project.  On January 24^th we announced the results of an updated Mt Todd preliminary feasibility study (PFS) which demonstrates a large-scale, economically robust gold project at the current gold price. Given its location, advanced permitting status, low-cost profile, and cash-generating capacity, we believe Mt Todd is an attractive undeveloped gold project." 

Management Conference Call

A conference call with management to review our financial results for the fiscal year ended December 31, 2017 and to discuss corporate and project activities is scheduled for Friday, March 9, 2018 at 10:30 a.m. MST.

Participant Toll Free: 833-297-9917
International:  647-689-4524
Conference ID:  8795093

This call will also be web-cast and can be accessed at the following web location:
http://event.on24.com/r.htm?e=1623291&s=1&k=6A857F127BC64BF4803EE0942D4DC217

This call will be archived and available at www.vistagold.com after March 9, 2018.  Audio replay will be available for 21 days by calling toll-free in North America: 855-859-2056, passcode 8795093.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in this press release are in U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest known undeveloped gold project in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that Vista now has all the major environmental approvals necessary for the development of the Mt Todd gold project; our belief that the Mt Todd gold project is a large-scale, economically robust gold project at the current gold price and that it is an attractive undeveloped gold project, our belief in the accuracy of the PFS and that its results will prove true 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, March 2, 2018 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE American and TSX: VGZ) today announced that it completed and filed a National Instrument 43-101 ("NI 43-101") preliminary feasibility report for the Mt Todd Gold Project (the "PFS" or "Technical Report") that was announced on January 24, 2018.  The PFS provides an assessment of the Mt Todd gold project at a gold price of US$1,300 per troy ounce with a foreign exchange rate of US$0.80 per Australian dollar.  The base case for the PFS evaluates a 50,000 tonne per day ("tpd") owner-operated, open-pit operation with a conventional 3-stage crush and 2-stage grind comminution circuit followed by a carbon-in-pulp gold recovery circuit.  The results of an alternate case designed to mine and process 33,000 tpd are also included in the Technical Report.  Additionally, the Technical Report provides detailed information supporting Vista's decision to incorporate automated sorting and 2-stage grinding.  For further information on the results of the PFS and the Mt Todd Gold Project, see the Technical Report entitled "NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study Northern Territory, Australia," dated March 2, 2018 with an effective date of January 24, 2018, which is available on SEDAR as well as on Vista's website under the Technical Reports section.

Vista's President & CEO, Frederick H. Earnest, commented, "We are pleased with the results of the PFS, as reported at the current gold price and foreign exchange rate.  Again, we have evaluated two options for the development of the Mt Todd gold project with a 50,000 tpd base case and a smaller, more selective 33,000 tpd alternate case that has been designed to allow for expansion to the base case size.  We are excited about the incorporation of automated sorting technology and the newly designed grinding circuit, which together provide the foundation for the results reported at today's economic conditions.  We invite any who may have detailed questions about the results of, or the technology incorporated in, the PFS to contact the Vista team."

John Rozelle, Vista's Sr. Vice President, a Qualified Person as defined by NI 43-101, has approved the information in this press release.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest known undeveloped gold project in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

DENVER, Feb. 27, 2018 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") announced that executives and members of senior management will attend two upcoming conferences in Toronto and will be available to discuss the results of the recently announced Updated Mt Todd Preliminary Feasibility Study ("PFS") and environmental permit approvals.  (Please refer to our announcements dated January 24, 2018 and January 22, 2018 for additional information.)

Red Cloud KS Pre-PDAC Mining Showcase

Frederick H. Earnest, President and Chief Executive Officer, will attend the Red Cloud KS Pre-PDAC Mining Showcase to be held on Friday, March 2^nd at the Adelaide Hotel in Toronto.    

Prospectors & Developers Association of Canada (PDAC)

Mr. Earnest will be joined by other executives and members of the Mt Todd management team at the PDAC Convention to be held Sunday, March 4^th thru Wednesday, March 7^th at the Metro Toronto Convention Center.  Vista will showcase the Mt Todd project and the results of the updated PFS at Booth #2235.  For a more comprehensive overview of the project, appointments with an executive or senior management team member can be scheduled by contacting Connie Martinez (Director of Investor Relations) at the number below or directly at our PDAC booth.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest known undeveloped gold project in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

DENVER, Jan. 24, 2018 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE American and TSX: VGZ) today announced the positive results of an updated preliminary feasibility study (the "PFS") for its Mt Todd gold project ("Mt Todd" or the "Project") in Northern Territory, Australia.  The PFS is based on the results of a comprehensive review of all aspects of the Project and the re-design of elements of the process flow sheet, incorporating automated sorting and grinding circuit design changes in a 50,000 tonne per day ("tpd") project.  The process improvement efforts have resulted in reduced operating costs, increased gold recovery and higher gold production at Mt Todd.  Management of Vista believes that the design changes have allowed Vista to achieve a significant improvement in the Project's economics at the current gold price. The PFS was authored by Tetra Tech Inc. with Mine Development Associates, Resource Development Inc., Proteus EPCM Engineers (a Tetra Tech Company), and POWER Engineers, Inc.  Unless otherwise specified, all $ amounts in this press release are expressed in US$.

Highlights of the updated PFS include:

• Estimated proven and probable reserves of 5.85 million ounces of gold (221.0 million tonnes at 0.82 g Au/t) at a cut-off grade of 0.40 g Au/t, a decrease of 0.9% from the Company's May 2013 PFS⁽¹⁾;
• Average annual production of 382,211 ounces of gold per year over the life of the Project, including average annual production of 479,450 ounces of gold per year during the first five years of operations;
• Life of mine average cash costs of $645 per ounce, including average cash costs of $571 per ounce during the first five years of operations;
• A 13 year operating life;
• Initial capital requirements of $839 million; and
• After-tax NPV_5% of $679.0 million and IRR of 20.5% at a $1,300 per ounce gold price with a $0.80:AUD1.00 exchange rate.

Vista's President and CEO, Frederick H. Earnest, commented, "In 2016, we began an effort to review all aspects of the Mt Todd development plan, focused on improving the economics of the Mt Todd gold project.  The results of this updated PFS demonstrate that Mt Todd is a robust project at today's gold price and foreign exchange rate.  We believe it is a world class project that enjoys long-standing government and community support.  As we announced earlier this week, we have received the last major environmental permit for the Project.  We believe this environmental authorization, together with the PFS results that we are announcing today provide a solid foundation for continued advancement of Mt Todd and an improved valuation for the Vista shareholder."

He added, "Through the comprehensive testing and design work completed over the past 18 months, we have significantly improved Mt Todd.  The incorporation of automated sorting technology enabled us to improve the grade and reduce the quantity of feed to the newly designed grinding circuit. By using the excess capacity in the high pressure grinding roll ("HPGR") crushing circuit, and changing to a more efficient 2-stage grinding circuit, we are able to economically grind to 60 microns and achieve an expected gold recovery of 86.4% (net of solution losses).  As a result, gold recovery is expected to increase 4.1% net of sorting losses.  The reduced feed to the grinding circuit and efficiencies in the design of the grinding circuit result in lower operating costs, in part due to a 6% reduction in required power.  The combination of increased gold recovery, higher gold production, and reduced power consumption, results in an economically robust, advanced stage gold development project with a 20.5% after-tax IRR at a $1,300 gold price."

Vista's senior management team is attending the AME Mineral Exploration Roundup January 24-25, 2018 in Vancouver and will be available to discuss these results at the conference.  A conference call and webcast to discuss highlights of the PFS will be held Tuesday, January 30, 2018 at 2:00 pm MST.  Call-in details are located at the end of this release.

Jessica Spriet, Rex Bryan, and Erik Spiller on behalf of Tetra Tech, Thomas Dyer, on behalf of Mine Development Associates, Deepak Malhotra, on behalf of Resource Development Inc., and Zvon Ponos, on behalf of Proteus EPCM Engineers, all independent Qualified Persons as defined by Canadian National Instrument 43-101 ("NI 43-101"), prepared or supervised the preparation of the information that forms the basis for the scientific and technical information disclosed herein and they have reviewed this press release and consented to its release.  Dr. Deepak Malhotra has verified the metallurgical testing program and data in respect of the process improvements.  For additional information on data verification, quality assurance and control, key assumptions and other matters relating to the Project, see Vista's Annual Report Form 10-K as filed on February 22, 2017.

Highlights                                                                                                                                                        

Highlights of the PFS are presented in the table below. 

Project Economics

The following table provides additional details of the Project's after-tax economics at variable gold prices and Australian dollar assumptions.

Capital Costs

Key capital expenditures for initial and sustaining capital requirements are identified in the following table. 

Operating Costs

The following table presents a breakdown of operating costs.  The Project includes a 70MW power plant in the initial capital.  Power is anticipated to be generated by gas-fired reciprocating engines (nominal 10MW capacity).  The Project consumes all power generated during the operating life.  Self-generated power creates significant savings in operating costs compared to a grid-sourced power solution.  During the four years of reclamation and closure, the PFS assumes Vista will continue generating power and will sell 20MW of power into the Northern Territory electrical grid, for which there is a known market and indicative purchase rates have been provided by the government-owned utility.

Mining and Production

The mine plan contains 207.7 million tonnes of ore mined from the Batman open pit plus 13.4 million tonnes of ore from the existing heap leach pad that is processed through the mill at the end of the mine life.  The mine plan contemplates that together, 221.0 million tonnes of ore containing 5.848 million ounces of gold at an average grade of 0.82 g Au/t are to be processed over the 13-year operating life of the Project.  Total gold recovered is expected to be 4.956 million ounces.  Average annual gold production over the life of the Project is expected to be 382,211 ounces, averaging 479,450 ounces during the first five years of operations, with 582,032 ounces produced in the first year of operations.  Commercial production is anticipated to begin after two years of construction and commissioning.

Estimated Annual Production

The table below highlights the production schedule.

Project Mineral Reserves and Resources

The table below illustrates the updated reserve and resource estimate for the Project.  The effective date of the Batman and Quigleys deposits resource estimates is January 24, 2018.  The effective date of the heap leach resource estimate is July 9, 2014. 

Project Description

Gold mineralization in the Batman deposit at the Project occurs in sheeted veins within silicified greywackes/shales/siltstones.  The Batman deposit strikes north-northeast and dips steeply to the east.  Higher grade zones of the deposit plunge to the south.  The core zone is approximately 200-250 meters wide and 1.5 km long, with several hanging wall structures providing additional width to the deposit.  Mineralization is open at depth as well as along strike, although the intensity of mineralization weakens to the north and south along strike.

In addition to the Mt Todd mining licenses, Vista controls over 1,100 sq. km of contiguous exploration licenses – all of which are located at the southeast end of the Pine Creek District.  Various gold targets have been identified in early-stage, grass roots exploration programs along the Cullen-Australis and Batman-Driffield structural corridors, the latter of which is the host to the Batman deposit.  To-date, Vista's exploration efforts have primarily focused on the Batman deposit.  The Company is now in a position to expand its exploration activities in search of new deposits.

The Project is designed to be a conventional, owner-operated, large open-pit mining operation that will utilize large-scale mining equipment in a blast/load/haul operation.  Ore is planned to be processed in a large comminution circuit consisting of a gyratory crusher, two cone crushers, two HPGR crushers, and primary grinding by two ball mills and secondary grinding by six horizontal IsaMills as discussed in greater detail below.  Vista plans to recover gold in a conventional carbon-in-pulp ("CIP") recovery circuit.

Metallurgy, Processing and Infrastructure

Vista has completed extensive metallurgic test work that was announced in separate press releases dated May 22, 2013, July 21, 2017 and November 24, 2017. 

Vista's metallurgic test work programs support: (1) ore hardness estimates at the Batman deposit that are consistent and do not change at depth; (2) the selection of HPGR, automated sorting and 2-stage grinding technologies as part of the comminution circuit; (3) estimated gold recovery rates based on optimized grind size and leach conditions; and (4) the processing of material from the historic heap leach pad at the end of the proposed mine life.

Significant improvements to the Project have been achieved through design changes in the comminution circuit.  Vista plans to screen the HPGR crusher product at 16 mm (5/8") and use automated sorting technology (both x-ray transmission and laser) to remove the material that is sub-economic.  Testing indicates that approximately 10% of the run-of-mine plant feed can be eliminated with only a 1.3% gold loss using automated sorting.  The excess capacity in the HPGR circuit will be employed to create a final product that is nominally 3.5 mm (1/8") or, approximately 50% smaller than previously planned.  This material will be wet screened and then classified to provide feed to the redesigned primary and secondary grinding circuits.  The Company has selected smaller, more energy efficient ball mills for the primary grinding circuit and horizontal IsaMills for the secondary grinding circuit.  Together, these mills are expected to efficiently produce a final product that is nominally 60 microns in size (a 33% reduction from previous studies).  Leaching tests conducted at this finer grind size indicated that an overall gold recovery of 86.4% (net of solution losses) can be expected, a significant improvement from the previous 81.7% recovery.  This results in a 4.1% increase in total gold production (net of sorting losses).

The robust comminution circuit is designed to process material with an average bond-work index 5% in excess of actual rock hardness based on the test work completed.  Gold will be recovered through a traditional CIP circuit.  Recovery rates are based on the results of 41 tests recently completed at present design conditions in addition to the tests completed in 2013.

Because the Project was an operating mine, infrastructure exists that reduces initial capital expenditure and significantly reduces capital risk related to infrastructure construction, which has been a major source of capital overruns in the mining industry over the last decade.  Existing mining infrastructure items include:

• an existing tailings storage facility that will receive two raises and is expected to contain 62 million tonnes of material processed;
• an existing fresh water storage reservoir that will receive a two-meter dam raise and will harvest stormwater sufficient to provide process water for year-round operations;
• a natural gas pipeline at site that can supply sufficient natural gas to meet the Project's energy requirements and would save considerably on project operating costs compared to grid-supplied power;
• a paved road to site;
• current electrical connection to the Northern Territory electric grid; and
• process plant location has been cleared and graded, resulting in reduced earthworks costs due to the process plant location being the same as the previous process plant.

Other benefits of Mt Todd's Northern Territory location include:

• the Stuart highway – the main North / South highway in the Northern Territory is less than 15 km from the project site;
• rail line parallel to the Stuart highway; and
• the regional center of Katherine (population approximately 12,000) less than 60 km from site and the Territory capital of Darwin less than 300 km from site, which has port access. 

Vista continues to work with the communities of Katherine and Pine Creek to develop a community-based project as opposed to the more typical fly-in, fly-out project, which is generally more expensive and limits the economic benefits of projects to local communities.

Opportunities for Additional Project Improvement

The PFS uses a natural gas price derived from east coast gas pricing.  Historically the Northern Territory gas grid was isolated from the national market and pricing was based on local supply and demand.  With the construction of the Northern Gas Pipeline (presently in progress), producers of natural gas will be able to sell gas to higher value markets on the east coast of Australia.  Presently there is little demand for NT gas on the east coast.  Vista has used a natural gas price derived from the east coast market.  The Company believes that there is significant opportunity to achieve a lower gas price when it is able to commit to the delivery of gas.

The power plant, as presently designed, is situated at the mine site. This results in an AUD 0.60 per GJ pipeline charge for transportation of gas in a spur line.  The Company has completed preliminary evaluations to consider moving the location of the power plant to a location near the main NT gas pipeline to eliminate this sustained operating cost.  Additional capital would be required, but reduced operating costs could be achieved.  The Company may elect this option after further evaluation.

The Company has a known resource at the Quigleys deposit.  Additional drilling and metallurgical testing is required to develop mine plans and ultimately convert part of the Quigleys resource to either proven or probable reserves.  The estimated grade of the Quigleys deposit is higher than the estimated average grade of the Batman deposit and could provide a source of higher-grade feed in the mid years of the Project when higher stripping in encountered and the average grade of feed to the plant is expected to decrease.

Conference Call Details

A conference call and webcast to discuss highlights of the PFS will be held Tuesday, January 30, 2018 at 2:00 pm MST.  A presentation accompanying the conference call will be made available on the Company's website prior to the conference call.

Toll-free in North America: 888-378-4413
International: 647-792-1280
Confirmation Code:  8526874

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=1591324&s=1&k=D07C2A33BFD459430C3091BC1FBE6A04

This call will be archived and available at www.vistagold.com after January 30, 2018.  Audio replay will be available for 21 days by calling toll-free in North America: 888-203-1112, passcode 8526874.

Detailed Report

A NI 43-101 Technical Report will be filed on SEDAR within 45 days and will be available on our website at that time.  As part of the sensitivity analysis of the Project, Vista intends to complete and present the results of an alternate 33,000 tpd project as part of the NI 43-101 report.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is the largest known undeveloped gold project in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, the Company's continued work on the Mt Todd gold project, process improvements will result in lower operating costs, reduced power consumption, increased gold recovery and higher gold production, estimates of reserves and resources, projected project economics, including anticipated production, average cash costs, before and after-tax NPV, IRR, capital requirements and expenditures, gold recovery after-tax payback, operating costs, average tonne per day milling, mining methods procedures, recovery, project design, life of mine, the Project is robust and world class, the continued advancement of Mt Todd, the improved valuation for shareholders, the Project is an advanced stage development project, estimated gold recovery, average annual production overtime, commencement of commercial production, timing for construction and commissioning, exploration of new deposits at Mt Todd, size of final product through the HPGR crusher, potential costs or savings related to gas price, ability to convert Quigley's estimate to proven or probable reserves, grade of minerals at the Quigley deposit, timing for and completion of PFS 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:  the accuracy of the results of the PFS, mineral resource and reserve estimates, and exploration and assay results, the terms and conditions of our agreements with contractors and our approved business plan, the anticipated timing and completion of a feasibility study on the Project; the anticipated receipt of required permits; no change in laws that materially impact mining development or operations of a mining business, the potential occurrence and timing of a production decision; the anticipated gold production at the Project; the life of any mine at the Project; all economic projections relating to the Project, including estimated cash cost, NPV, IRR, and initial capital requirements; and Vista's goal of becoming a gold producer.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "plans," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain the necessary permits, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

Cautionary Note to United States Investors

The United States Securities and Exchange Commission ("SEC") limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. This press release uses the terms "Proven reserves" and "Probable reserves".  Reserve estimates contained in this press release are made pursuant to NI 43-101 standards in Canada and do not represent reserves under SEC Industry Guide 7 standards.  Under SEC Industry Guide 7 standards, a "final" or "bankable" feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves and all necessary permits and government approvals must be filed with the appropriate governmental authority.  Additionally, this press release uses the terms "Measured resources", "Indicated resources", and "Measured & Indicated resources".  We advise U.S. investors that while these terms are Canadian mining terms as defined in accordance with NI 43-101, such terms are not recognized under SEC Industry Guide 7 and normally are not permitted to be used in reports and registration statements filed with the SEC.  Mineral resources described in this press release have a great amount of uncertainty as to their economic and legal feasibility. The SEC normally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant "reserves" as in-place tonnage and grade, without reference to unit measures. The term "contained gold ounces" used in this press release is not permitted under the rules of the SEC.  "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility.  It cannot be assumed that any or all part of an Inferred resource will ever be upgraded to a higher category. U.S. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into SEC Industry Guide 7 reserves.

SOURCE Vista Gold Corp.

DENVER, Jan. 22, 2018 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") is pleased to announce that the "authorization of a controlled activity" at the Mt Todd gold project ("Mt Todd") as required under the Australian Environmental Protection and Biodiversity Conservation Act of 1999 ("EPBC"), as it relates to the Gouldian Finch, has been approved by the Australian Commonwealth Department of Environment and Energy.

Vista's President and CEO, Mr. Frederick H. Earnest commented, "The EPBC authorization is a watershed event for the Company.  With this authorization, Vista has all the major environmental approvals necessary to allow development of Mt Todd. We also plan to announce the results of an updated Preliminary Feasibility Study ("PFS") for the Mt Todd project shortly.  We expect that the results of the new PFS, together with the environmental authorization, will position us to unlock what we expect to be the significant value of Mt Todd."   

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is one of the largest known undeveloped gold projects in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that we will announce results of our updated PFS shortly; and that this, together with the environmental authorization, will position us to unlock the significant value of Mt Todd 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: no change to laws or regulations impacting mine development or mining activities, our approved business plans, 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Nov. 27, 2017 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (TSX and NYSE American: VGZ) today issued the results of its previously announced metallurgical testing program for the Mt Todd gold project located in the Northern Territory, Australia.  The test work confirms that the inclusion of automated sorting and a re-designed, 2-stage grinding circuit will enable the project to achieve a finer grind size, higher gold recoveries/higher gold production, and lower processing costs with no material increase in project capital.

Automated Sorting

The Company's automated sorting program (see the Company's July 24, 2017 press release for full details) is now complete, with assays for all size fractions.  The test work confirmed that the combination of x-ray transmission ("XRT") and laser sorting on the +5/8" (16mm) screened HPGR crushed material (approximately 18% of the run-of-mine feed) enables the Company to reject approximately 10% of the run-of-mine feed as below cut-off grade material (this uneconomic material is hereafter referred to as "waste").  This results in an approximate 8% improvement in estimated mill feed grade (life-of-mine average 0.91 grams gold per tonne "g Au/t" compared to the 0.84 g Au/t life-of-mine reserve grade) with an estimated gold loss of only 1.3%.  With the installation of an automated sorting circuit, the Company expects to reduce total grinding, leaching and tailings handling costs by approximately 10%.

Newly Designed 2-Stage Grinding Circuit

Past metallurgical studies at Mt Todd demonstrate a strong correlation between finer grind size and higher gold recovery.  To efficiently achieve a finer grind size and higher recovery, the Company has optimized the crushing and grinding circuits.  Excess capacity in the HPGR crusher will now be used to produce finer feed for the grinding circuit.  Each grinding module is now comprised of a primary ball mill and three, small fine-grinding mills.  The combination of the reduced material volume (as a result of automated sorting), smaller mill feed size, and 2-stage grinding, lowers the total estimated project power requirements by approximately 13% and enables the Company to cost-effectively achieve a nominal P₈₀ grind size of 60µm.  Leaching tests on material ground to 60µm in the 2-stage grinding tests show improved estimated gold recoveries of 86.2% (weighted average, net of solution losses) compared to previous gold recovery estimates of 81.7% calculated on the same basis. 

Vista's President & CEO, Frederick H. Earnest, commented, "Mt Todd is one of the largest, advanced-stage gold development projects in Australia.  Last year we initiated a comprehensive program to optimize the Mt Todd project and demonstrate its viability at a US$1,250 per ounce gold price.  We have now completed test work confirming our ability to achieve a significant improvement in feed grade to the grinding circuit while reducing our grinding, leaching and tailings handling costs.  Our newly designed, 2-stage grinding circuit is expected to generate a finer product (with lower power consumption), which we have confirmed results in higher gold recovery and a 4.1% increase in gold production.  We intend to include these process area improvements in an updated Mt Todd preliminary feasibility study, targeted for completion in Q1 2018.  We expect these improvements, along with current foreign exchange rates, and updated capital, labor and operating costs estimates to demonstrate that Mt Todd will be a long-life, low-cost, significant gold producer, with robust project economics at today's gold prices."

Metallurgical Testing Results Details

Automated Sorting

The bulk automated sorting tests were four, five-tonne composites prepared from 3.75" drill core.  Three of the composites contain predominately the sulfide mineralization and one composite contains mixed oxide/sulfide material that is encountered on the periphery of the deposit.  The drill core was HPGR crushed and screened at 16mm at the facilities of Thyssen Krupp Industries ("TKI") near Dusseldorf, Germany.  The +16mm material was sent to the test facility of Tomra Sorting Solutions ("Tomra") near Hamburg, Germany where this material was initially sorted using XRT sorting.  A total of 12 sorting tests were completed.  The XRT rejects were then subjected to laser sorting to produce a final reject.  All material (-16mm HPGR crushed, XRT product, laser product and sorting reject) was sent to the metallurgical laboratory of Resource Development Inc. ("RDi") in Wheatridge, Colorado for subsequent sample preparation, assaying and additional metallurgical testing.

On a material mass basis, the combined XRT and laser sorting tests confirmed the Company's expectation that it can reject 10% of the run-of-mine feed waste (test results range from 6.8% to 11.0%).  The average grade of the rejected material is estimated to be 0.12 g Au/t (results range from 0.06 g Au/t to 0.23 g Au/t) compared to the mine cut-off grade of 0.4 g Au/t, resulting in a gold loss from the rejected waste of approximately 1.3%.  The improvement in mill feed grade is expected to be approximately 8%, resulting in run-of-mine average mill feed grade of 0.91 g Au/t compared to the life-of-mine reserve grade of 0.84 g Au/t.  We now expect grinding, leaching and tailings handling costs, which are dependent on the volume of material processed, to be approximately 10% less. 

Grind Size and Leach Optimization Tests

RDi prepared samples of the individual components received from Tomra and TKI and sent splits to Florin Analytical Services ("Florin") in Reno, Nevada for assay.  RDi then recombined the components (excluding the sorter reject material) to create representative samples of each composite.  Single-stage grind optimization tests were completed on the representative samples from each composite.  Leach optimization tests were undertaken on these samples at various grind sizes.  Subsequently, 2-stage grind and leach optimization tests were undertaken on representative material from the composites ground to a nominal P₈₀ grind size of 60µm.  Additionally, 2-stage grind and leach optimization tests were undertaken on high-grade samples left over from previous Mt Todd testing undertaken at RDi.  In total, 41 grind and leach tests were completed on samples representing low-grade, near deposit average grade and high-grade material from the Mt Todd deposit.  The leach tests were designed and undertaken to simulate the proposed process flow sheet leach circuit.  Bottle roll leach tests consisted of four hours of pretreatment with lime and air, 24 hours of cyanide leaching and six hours of carbon loading.  Head and tail assays were completed by Florin. This testing program indicates that 2-stage grinding to a nominal P₈₀ grind size of 60µm can be expected to result in gold recoveries up to 91.0%.  Taking into consideration the relative proportions of the different ore types to be processed, the leach test results indicate that a recovery of 86.2% (weighted average, net of solution losses) can be achieved.

The results of the grinding/leaching tests have been transmitted to the process design team at TetraTech Proteus ("Proteus") who are completing the process area designs as part of the updated preliminary feasibility study.  Proteus and Vista have worked closely with the engineers at TKI to assess the capacity of the HPGR crushing circuit.  We have also consulted with the engineers at Glencore relative to our selection of IsaMills as the preferred fine grinding equipment.

The removal of waste by automated sorting is complemented by changes in the operation of the HPGR crushing circuit and the design of a new 2-stage grinding circuit.  The new process flow sheet incorporates work-sharing between the HPGR and grinding circuits.  Excess capacity in the HPGR circuit will now be used to produce a ball mill feed product of approximately P₈₀ 1/8" (nominally 3.5 mm), a 42% reduction from past studies.  Due to the final product size, wet screening will be incorporated and the HPGR crusher circuit product will now report to a sump and cyclone bank.  In each grinding circuit module, the new 2-stage grinding circuit replaces each previously planned large, single ball mill (designed to produce a P₈₀ 90µm product) with a ball mill and three IsaMills to produce a final product with a P₈₀ grind size of 60µm.  Due to the reduction in the volume of ore to the grinding circuit and efficiencies resulting from the combination of mill type, ball charge size and feed size, the implementation of automated sorting and 2-stage grinding is expected to consume approximately 13% less power, produce a final product that is 32% finer, and produce 4.1% more gold from the same run-of-mine feed. 

Updated Preliminary Feasibility Study Guidance

The Company expects to complete an updated preliminary feasibility study in the first quarter of 2018.  The updated preliminary feasibility study will include the more favorable current US dollar vs. Australian dollar exchange rate, gold price of US$1,250 per ounce, automated sorting, improved gold recovery, redesigned and more efficient HPGR crushing/grinding circuit, and various other capital and operating cost improvements, all of which are expected to result in a technically improved project with higher gold production, lower operating costs, and strong project economics.

Qualified Persons

Dr. Deepak Malhotra, Metallurgist and President of RDi and John Rozelle, Senior Vice President of Vista, independent Qualified Persons as defined by Canadian National Instrument 43-101 ("NI 43-101"), prepared or supervised the preparation of information that forms the basis for the scientific and technical information disclosed herein and have reviewed this press release and have consented to its release. For additional information on the Mt Todd gold project, see our technical report entitled "NI 43-101 Technical Report – Mt Todd Gold Project, 50,000 tpd Preliminary Feasibility Study, Northern Territory, Australia" amended and restated July 7, 2014.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is one of the largest undeveloped gold projects in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our plan to implement automated sorting and our belief that automated sorting and a re-designed, 2-stage grinding circuit (each module consisting of a ball mill and three IsaMills to produce a final product with a P₈₀ grind size of 60µm) will enable the project to achieve a finer grind size, higher gold recoveries/higher gold production, and 10% lower processing costs (comprised of grinding, leaching and tailings handling) with no material increase in project capital; our plan to use excess capacity in the HPGR crusher to produce smaller grinding circuit feed of approximately P₈₀ 1/8" (nominally 3.5 mm); our plan to include these process area improvements in an updated Mt Todd preliminary feasibility study, targeted for completion in Q1 2018; our expectation that an average recovery of 86.2% (net of solution losses) can be achieved; our plan to use wet screening with the HPGR crusher circuit product reporting to a sump and cyclone bank; our expectation that automated sorting and 2-stage grinding will consume approximately 13% less power, produce a final product that is 32% finer, and produce 4.1% more gold from the same run-of-mine feed; our expectation that all of these improvements, along with current foreign exchange rates, and updated capital, labor and operating costs estimates will demonstrate that Mt Todd will be a long-life, low-cost, significant gold producer, with robust project economics at today's gold prices 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect,""intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Nov. 22, 2017 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced that it has entered into an At-the-Market Offering Agreement (the "ATM Agreement") with H.C. Wainwright & Co., LLC ("Wainwright") as sales manager.  Under the terms of the ATM Agreement, the Company will be entitled to sell, at its sole discretion and from time to time as it may choose, common shares in the capital of the Company ("Shares") through Wainwright, with such sales having an aggregate gross sales value of up to US$10.0 million (the "Offering").  The ATM Agreement will remain in full force and effect until the earlier of August 31, 2020, or the date that the ATM Agreement is terminated in accordance with the terms therein. 

Sales of Shares, if any, will be made through distributions directly on the NYSE American LLC or other established United States trading market.  Under the Offering, no offers or sales of Shares will be made in Canada, including through the Toronto Stock Exchange (the "TSX") or other trading markets in Canada.  The Shares will be distributed at the market prices prevailing at the time of sale. As a result, prices of Shares sold under the Offering, if any, may vary between purchasers and distributions.

The Offering will be made by way of a prospectus supplement dated November 22, 2017 (the "Prospectus Supplement") to the base prospectus contained in the Company's existing U.S. shelf registration statement on Form S-3 (File No. 333-218979) (the "Registration Statement"), which became effective July 5, 2017.  The Prospectus Supplement and the base prospectus have been filed with the United States Securities and Exchange Commission (the "SEC") and is, together with the related Registration Statement, available on the SEC's website at www.sec.gov.  Alternatively, Wainwright will provide copies of these documents upon request by contacting H.C. Wainwright & Co., LLC, 430 Park Avenue, 4th Floor, New York, NY 10022 at This email address is being protected from spambots. You need JavaScript enabled to view it..

The Company believes that its existing working capital, coupled with potential future sources of non-dilutive financing will be sufficient to cover its fixed costs and project activities, including permitting and completion of the PFS update, for several years. This ATM Agreement is a low-cost means of providing additional balance sheet flexibility; however, the Company is under no obligation to exercise its right to sell Shares under the ATM Agreement.  If market conditions improve significantly and Shares are sold, Vista intends to use the net proceeds for general corporate and working capital purposes. 

The Company will pay Wainwright a commission equal to 2.0% of the gross sales price from sales, if any, of the Shares sold under the Offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is one of the largest known undeveloped gold projects in Australia.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that our existing working capital, coupled with potential future sources of non-dilutive financing will be sufficient to cover our fixed costs and project activities, including permitting and completion of the PFS update, for several years; if market conditions improve significantly and Shares are sold, our intent to use the net proceeds for general corporate and working capital purposes, 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, 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Oct. 25, 2017 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (TSX & NYSE American: VGZ) today announced its unaudited financial results for the third quarter ended September 30, 2017. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on November 2, 2017.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on October 24, 2017 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of Third Quarter 2017 Financial Results

We reported a net loss of $2.7 million or $0.03 per share for the three months ended September 30, 2017. This includes $2.6 million of net operating expenses and an unrealized $0.1 million mark-to-market loss on our investment in Midas Gold Corp. ("Midas"). During the three months ended September 30, 2016, we reported a net loss of $2.1 million or $0.02 per share inclusive of $1.9 million of net operating expenses and an unrealized $0.2 million mark-to-market loss on our investment in Midas.

Our working capital at September 30, 2017 totaled approximately $21.1 million, including cash and short-term investments (comprised of government securities) of approximately $17.9 million. After giving effect to the cash received for the first option payment pursuant to the Guadalupe de los Reyes Option Agreement (as more fully discussed in our press release of October 24, 2017), working capital and cash would increase to $22.6 and $19.4 respectively. The Company has no debt. 

To review the Company's Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2017, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended September 30, 2017 and to discuss corporate and project activities is scheduled for Thursday, November 2, 2017 at 2:30 p.m. MDT.

Toll-free in North America: 833-297-9917
International:  647-689-4524

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=1537379&s=1&k=23F6DF4C92AEA6FEA23F7B0D3A0AF23D

This call will be archived and available at www.vistagold.com after November 2, 2017.  Audio replay will be available for 21 days by calling toll-free in North America 855-859-2056, Conference ID 3089568.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is one of the largest undeveloped gold projects in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

DENVER, Oct. 24, 2017 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced that, together with its wholly-owned subsidiaries Minera Gold Stake Holdings Corp., Granges Inc. and Minera Gold Stake, S.A. de C.V. ("MGS"), it has entered into an agreement (the "Option Agreement") to option our interest in the Guadalupe de los Reyes gold and silver project in Sinaloa, Mexico (the "GdlR Project") to Minera Alamos Inc. and its subsidiary Minera Alamos de Sonora S.A. de C.V. ("Minera Alamos").

Pursuant to the terms of the Option Agreement, Vista has granted Alamos an exclusive right and option right to earn a 100% interest in the GdlR Project by:

• making payments totaling $6,000,000 comprised of a payment of $1,500,000 made at the execution of the Option Agreement ("Option Grant Date"), two successive payments of $1,500,000 each to be made at the one-year and two-year anniversaries of the Option Grant Date; and a final $1,500,000 payment to be made before the four-year anniversary of the Option Grant Date;
• maintaining the concessions comprising the GdlR Project in good standing;
• fulfilling all of the obligations of MGS to the Ejido La Tasajera (the "Ejido") as set out in the temporary occupation contract between MGS and the Ejido;
• granting Vista a capped NSR royalty on production from open pit mining (the "Open Pit NSR") at rates that range from 1% (at gold prices of $1400/oz or less) to a maximum of 2% (at gold prices above $1600/oz) up to an aggregate of $2,000,000 in royalty payments;
• granting Vista a perpetual NSR royalty on production from underground mining (the "Underground NSR") at rates that range from 1% (at gold prices of $1400/oz or less) to a maximum of 2% (at gold prices above $1600/oz); and
• granting Vista the right to assume a 49% non-carried interest in an underground project if Minera Alamos decides to develop an underground mine at the GdlR Project (the "Back-in Right").

The Option Agreement provides that all cash payments are non-refundable and optional to Minera Alamos, and in the event Minera Alamos fails to pay any of the required amounts as set out in the Option Agreement, or fails to comply with its other obligations, the Option Agreement will terminate and Minera Alamos will have no interest in the GdlR Project. Provided it is not in breach of the Option Agreement, Minera Alamos may at its discretion advance the above payment schedule. 

Subject to Minera Alamos timely making all the option payments, and fulfilling its other obligations with respect to the Option Agreement, Vista will transfer 100% of the ownership of the GdlR Project to Minera Alamos and the Open-Pit NSR and Underground NSR will be granted to Vista.

If Minera Alamos discovers, and decides to develop, an underground mine at the GdlR Project and Vista exercises the Back-in Right, Vista and Minera Alamos have agreed to form a joint venture to develop and operate the underground mine.  If the joint venture is formed, the Underground NSR will terminate.

Frederick H. Earnest, Vista's President and CEO, commented, "We are pleased to have Minera Alamos as a partner in the GdlR Project. We believe they have the requisite experience and skill to succeed in Mexico, and we are very supportive of their commitment to develop the GdlR Project.

"The Option Agreement preserves the upside of the GdlR Project for Vista shareholders by maintaining exposure to the underground potential as well as providing near-term non-dilutive strength for our balance sheet."

All dollar amounts in this press release are expressed in U.S. dollars.

About Minera Alamos

Minera Alamos is an advanced stage exploration and development company.  Its portfolio of Mexican projects includes the La Fortuna open pit gold project in Durango and the Los Verdes open pit copper-molybdenum project in Sonora.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is one of the largest known undeveloped gold projects in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that Minera Alamos will have no interest in the GdlR Project if the Option Agreement terminates; the receipt of any future payments and the grant of the Open-pit NSR and the Underground NSR pursuant to the terms of the Option Agreement; the entry into a joint venture agreement on acceptable terms, if at all, if we exercise the Back-in Right; our belief that Minera Alamos has the requisite experience and skills to succeed in Mexico and its committed to developing the GDLR Project; our belief that we are preserving the upside of the GdlR Project for Vista shareholders by maintaining exposure to the underground potential; and our expectation that the transaction will strengthen our balance sheet 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 discussions with Minera Alamos, 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Aug. 7, 2017 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE American: VGZ) (TSX: VGZ) today announced its unaudited financial results for the second quarter ended June 30, 2017. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on August 9, 2017.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on August 4, 2017 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of Second Quarter 2017 Financial Results

We reported a net loss of $2.7 million or $0.03 per share for the three months ended June 30, 2017. This includes $2.2 million of net operating expenses and an unrealized $0.5 million mark-to-market loss on our investment in Midas Gold Corp. ("Midas"). During the three months ended June 30, 2016, we reported net income of $1.6 million or $0.02 per share inclusive of $1.7 million of net operating expenses and an unrealized $3.3 million mark-to-market gain on our investment in Midas.

Our working capital at June 30, 2017 totaled approximately $23.6 million, including cash and short-term investments (comprised of government securities) of approximately $20.2 million. The Company has no debt. 

Corporate Highlights

We continue to undertake activities to improve value and further de-risk our Mt Todd gold project, including:

• Bulk Metallurgical Testing – we recently completed crushing, screening and automated sorting tests on four 5-tonne bulk samples from the Batman deposit. These bulk tests demonstrated that automated sorting technology can be used to efficiently separate plus 5/8" (16 mm) product from the HPGR crusher with gold-bearing sulfide/quartz/calcite minerals from the host rock, at production rates in production scale equipment.
• Grinding and Leaching Optimization Studies – we are undertaking additional metallurgical testing to confirm gold recoveries with a proposed 2-stage grinding circuit and a finer grind size (P80 of 65 um vs the 90 um in the original PFS).
• PFS Update – we have commenced an update of the Mt Todd Preliminary Feasibility Study ("PFS") in which we intend to include all appropriate project improvements and the most current economic factors.
• MMP Update – we are nearing the completion of the preparation of a draft Mine Management Plan ("MMP") and expect to present this plan for preliminary agency review later this year. This is expected to reduce the approval time for the final MMP.

To review the Company's Quarterly Report on Form 10-Q for the three months ended June 30, 2017, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended June 30, 2017 and to discuss corporate and project activities is scheduled for Wednesday, August 9, 2017 at 2:30 p.m. MDT.

Toll-free in North America: 1-800-533-7619
International:  785-830-1923

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=1480066&s=1&k=AE01A253734994563AC5CE9861BE5A0A

This call will be archived and available at www.vistagold.com after August 9, 2017.  Audio replay will be available for 21 days by calling toll-free in North America: 1-888-203-1112, passcode 4965655.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is one of the largest undeveloped gold projects in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that the bulk tests demonstrated that automated sorting technology can be used to efficiently separate plus 5/8" (16 mm) product from the HPGR crusher with gold-bearing sulfide/quartz/calcite minerals from the host rock, at production rates in production scale equipment; our plans to undertake additional metallurgical testing to confirm gold recoveries with a 2-stage grinding circuit and a finer grind size (P80 of 65 um vs the 90 um in the original PFS); our intent to include all appropriate project improvements and the most current economic factors in the update of the PFS; our expectation that later this year we will present a draft Mine Management Plan for preliminary agency review, and that this is expected to reduce the approval time for the final MMP; 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, July 24, 2017 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) today announced the completion of the automated sorting tests on the coarse fractions of the four 5-tonne bulk samples from its Mt Todd gold project.  The tests, completed at the facilities of Tomra Sorting Solutions near Hamburg, Germany, demonstrate that plus 5/8" (16 mm) product from the HPGR crusher can be efficiently sorted to separate the non-gold-bearing particles from the gold-bearing sulfides and quartz/calcite veining, at production rates.

The tests confirmed that, consistent with previous test work, 8-10% of the run-of-mine feed to the crushing circuit can be removed from the process stream prior to the grinding circuit.  This is expected to reduce grinding circuit operating costs and provide a modest increase in grade to the grinding circuit.  These results, combined with the favorable previously announced results of the HPGR crushing tests, provide support for key assumptions underlying the Company's decision to commence an update of the Mt Todd Preliminary Feasibility Study ("PFS").

Vista's President & CEO, Frederick H. Earnest, commented, "The application of this technology is not new to the mining sector and it is being used effectively where ores have distinct visual and/or density variations. Being present for the automated sorting of the bulk samples at production rates allowed us to observe the efficiency of this technology and its applicability to the Mt Todd gold project.  The material balance results are consistent with previous test results and we expect to have assay results for the sorted material in August.

"With this phase of our metallurgical testing program complete, we are prepared to commence the grinding and leach recovery optimization testing once the samples are returned from Germany. The final results of this metallurgical testing program are expected to be available the middle of September. We have commenced the work of updating our PFS for the Mt Todd gold project, inclusive of flow sheet changes to integrate this sorting technology.  We believe these changes will deliver a better technical project with improved economics." 

Automated Sorting Test Results

The bulk sorting tests confirmed our ability to selectively remove particles known to have minerals associated with the presence of gold in the Batman deposit at production rates.  The plus 5/8" (16 mm) material from the HPGR crushing/screening tests at Thyssen Krupp Industries was shipped to the facilities of Tomra Sorting Solutions.  Three members of Vista's management/project development team were present to observe the tests, which were conducted in a standard production-size sorter with a 60 cm wide belt.  Material from each of the four composites was sorted first using x-ray transmission ("XRT") to remove particles containing sulfide minerals and subsequently using lasers to remove particles containing quartz/calcite.  The XRT sorting tests were conducted at three different sensitivity levels.    The material balance results of the sorting tests are summarized in the following table.

Each composite represents a different part of the Batman deposit with varying amounts of sulfide and quartz/calcite mineralization which provided the opportunity to sort material that represented: high grade core, low grade peripheral, average to high grade early production and average grade main deposit.  The variation in the amount of material sorted by the XRT and laser sorting steps is a reflection of the relative mineral content and is not an indication of sorting efficiency.  Upon receipt of assay results, the Company will determine the optimal settings, taking into consideration gold losses, grade of sorted product and total product rejected.

Based on the results of this testing, the Company plans to apply a different sorting recovery/waste reject factor to each of the different major mineralization styles in the deposit.

Commencement of Preliminary Feasibility Study Update

We believe that the Mt Todd gold project is a better gold project today as a result of the project optimization work completed over the last 12 months and we have commenced the work of updating the current PFS.  As part of this work we intend to evaluate and include all appropriate production improvements and the most current economic factors.  We believe the results of this study, when completed late this year or early next year, will demonstrate a technically improved project and provide an improved perspective of the value of the Mt Todd gold project at present gold prices.

Qualified Person

The scientific and technical information disclosed in this press release has been reviewed and approved by Mr. John Rozelle, Senior Vice President of Vista and a qualified person (as defined by Canadian National Instrument 43-101).

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is one of the largest undeveloped gold projects in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that plus 5/8" product from the HPGR crusher can be efficiently sorted at production rates (including the ability to selectively remove minerals associated with the presence of gold at the Batman deposit); our expectation that the removal of 8-10% of the run-of-mine feed to the crushing circuit from the process stream prior to the grinding circuit will reduce operating costs and provide a modest increase in the grade to the grinding circuit; our plans to commence grinding and leach recovery optimization testing; the expected timing of, the completion of and the expected results of our proposed metallurgical testing program, assay results and updated PFS; and our belief that the Mt Todd gold project is a better technical project with improved economics; 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, our experience with regulators, representative samples reflect the Mt Todd gold project, and positive changes to current economic conditions and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, June 28, 2017 /PRNewswire/ -- Vista Gold Corp. (the "Company," "Vista Gold," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) today provided an update on the status of its metallurgical testing program on four bulk samples from the Mt Todd gold project.  The Company also announced that its agreement with the Northern Territory of Australia ("NT") has been extended through December 31, 2023.

Metallurgical Testing Program

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.  The results indicated potential to further enhance the project'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).

Vista Gold's President & CEO, Frederick H. Earnest, commented, "We have recently commenced metallurgical tests on four, 5-tonne bulk samples from Mt Todd.  These tests are designed to confirm that the project can reduce the volume of material to be milled and improve efficiency in the grinding circuit through a combination of producing smaller material in the HPGR crushing circuit and the change to a two-stage grinding circuit.  We believe these design changes can be implemented without materially changing the project's capital requirements.  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.  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."

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.  The samples were shipped to Germany to be crushed and screened (at 5/8") at Thyssen Krupp Industries' HPGR test facility.  This work started last week and two of the four bulk samples have been completed.  Based on this work, the Company expects that approximately 18% of each HPGR-crushed sample will be retained as plus 5/8" material ("coarse fraction").    

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.  The first step (XRT) sorts the material by density to target the gold-bearing sulfide material.  The second step (Laser) separates the gold bearing quartz veining material.  Eliminating non-gold bearing waste material, 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, improve the grinding circuit head-grade and capture potential reductions in operating costs associated with the lower overall feed to the mill.  The automated sorting tests are scheduled to take place July 5^th-7^th.

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.  The results of these tests are expected to provide the design criteria to grind the ore finer for enhanced leaching and gold recovery.

The Company expects to be able to announce the final results of the test work at the end of August 2017.   

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).  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. 

Extension of Agreement with the Northern Territory

Recently, the Company signed an extension of its agreement with the Northern Territory of Australia.  The agreement extends through December 31, 2023 and includes the option for an additional 3-year extension.  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, 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.  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.

Northern Territory Minister for Primary Industry and Resource, Hon. Ken Vowles, stated the following when announcing the extension of the agreement, "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.  The extended agreement maintains Vista Gold's role as manager of the site, and acknowledges its commitment to future development."

Mr. Earnest added, "We would like to thank the NT Government for their continued support of Vista Gold and our efforts on the Mt Todd gold project.  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."

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is one of the largest known undeveloped gold projects in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect 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 testwork; the timing for and completion of an updated preliminary feasibility study on Mt Todd 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, April 28, 2017 /PRNewswire/-- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) today announced its unaudited financial results for the first quarter ended March 31, 2017. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on May 3, 2017.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on April 28, 2017 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of First Quarter 2017 Financial Results

We reported a net loss of $2.8 million or $0.03 per share for the three months ended March 31, 2017. This includes $2.5 million of net operating expenses; and an unrealized $0.3 million mark-to-market loss on our investment in Midas Gold Corp. ("Midas"). During the three months ended March 31, 2016, we reported a net loss of $0.7 million or $0.01 per share inclusive of $2.2 million of net operating expenses; a $0.7 million payment we received from the Australian Government under a research and development incentive program; an unrealized $0.5 million mark-to-market gain on our investment in Midas; and $0.3 million of other income.  

Our working capital at March 31, 2017 totaled approximately $26.0 million, including cash and short-term investments (comprised of government securities) of approximately $21.8 million. The Company has no debt. 

Frederick H. Earnest, President and Chief Executive Officer, commented, "We believe that we have sufficient working capital to cover our fixed costs for several years; to execute selected discretionary programs intended to optimize and add value to Mt Todd; and to complete all of the critical milestones, including permitting, necessary to advance the Mt Todd project to the point of a development decision. 

"We are working to complete the bulk metallurgical test work to evaluate automated ore sorting, grinding circuit optimization and improved leach recoveries that could support material improvements to the economics of the Mt Todd gold project without significant alterations to the current flow sheet. This work is expected to be completed in the third quarter of this year. An updated prefeasibility study, which would integrate these potential flow sheet alterations and the associated economic benefits, will likely be completed after that."

To review the Company's Quarterly Report on Form 10-Q for the three months ended March 31, 2017, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended March 31, 2017 and to discuss corporate and project activities is scheduled for Wednesday, May 3, 2017 at 2:30 p.m. MDT.

Toll-free in North America: 1-866-233-5249
International:  416-642-3300
Confirmation Code:  4152669

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=1416096&s=1&k=1119E6298108FC79B036B57D1ABE2D12

This call will be archived and available at www.vistagold.com after May 3, 2017.  Audio replay will be available for 21 days by calling toll-free in North America:  1-888-203-1112, passcode 4152669.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is one of the largest undeveloped gold projects in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that we have sufficient working capital to cover our fixed costs for several years and to fund our other plans; our belief that our plans could support material improvements to the economics of the Mt Todd gold project without significant alterations to the current flow sheet, and the timing for the completion of this work; the timing and completion of an updated prefeasibility study on Mt Todd 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, April 27, 2017 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced the voting results from its annual general and special meeting of shareholders held on Thursday, April 27, 2017 in Vancouver, British Columbia.

A total of 60,333,717 common shares in the capital of the Company ("Common Shares") were represented at the meeting, being 61.58% of the Common Shares.  Detailed results for the ballot votes are as follows:

In addition, at the Meeting, shareholders appointed EKS&H LLLP as auditors of the Company and passed ordinary resolutions to approve: on an advisory basis, the compensation of the Corporation's Named Executive Officers and one year as the frequency of future advisory votes.  

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia. Mt. Todd is one of the largest undeveloped gold projects in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.  

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

DENVER, Feb. 22, 2017 /PRNewswire/ --Vista Gold Corp. ("Vista," the "Company," "we" or "our") today announced its audited financial results and highlights for the fiscal year ended December 31, 2016. Management's quarterly conference call to discuss these results is scheduled for 9:00 a.m. MST on February 24, 2017. The Company's full audited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of 2016 Financial Results

We reported a net loss of $3.1 million or $0.04 per share for the year ended December 31, 2016. This includes $7.7 million of operating expenses; a $3.2 million mark-to-market gain on our investment in Midas Gold Corp.; $1.3 million of payments received from the Australian Government under a research and development incentive program for qualifying costs incurred in 2014 and 2015; and $0.1 million of other income.

Our working capital at December 31, 2016 totaled approximately $28.4 million, including cash and short-term investments (comprised of government securities) of approximately $23.9 million. The 2016 increase in working capital and cash resulted mainly from our August 2016 public equity financing which provided net cash proceeds of $15.9 million. The Company currently has no debt. 

Frederick H. Earnest, President and Chief Executive Officer, commented, "With the equity offering completed in August 2016, we believe we have sufficient working capital to fund our fixed costs for several years in addition to continuing to execute selected optimization programs and completing all of the critical milestones necessary to advance our Mt Todd project to the point of a development decision.  In the near-term, we plan to complete feasibility-study level testing of the ore screening and sorting processes and grind size optimization testing which we expect will confirm the potential process improvements we reported in our press release dated November 28, 2016.  Following completion of these tests, we anticipate updating our 2013 Preliminary Feasibility Study to reflect improvements in the USD:AUD exchange rate, the results of process flowsheet optimizations and other cost reductions that are expected to have an impact on the Mt Todd project economics. We continue to focus on obtaining the authorizations for the Mt Todd project and have begun drafting the mine management plan ("MMP"), which is one of the final remaining major permits for Mt Todd."

To review the Company's Annual Report on Form 10-K for the year ended December 31, 2016, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

All dollar amounts in the press release are U.S. dollars.

Management Conference Call

A conference call with management to review our financial results for the fiscal year ended December 31, 2016 and to discuss corporate and project activities is scheduled for Friday, February 24, 2017 at 9:00 a.m. MST.

Toll-free in North America: 1-866-233-5249
International: 416-642-3300

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=1374526&s=1&k=1224AF51400B08D9C5CB5B5CF1D56762

This call will be archived and available at www.vistagold.com after February 24, 2017.  Audio replay will be available for 21 days by calling toll-free in North America: 1-888-203-1112, passcode 7768751.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions during the conference call.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.  Mt Todd is one of the largest undeveloped gold projects in Australia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief we have sufficient working capital to fund our fixed costs for several years in addition to continuing to execute selected optimization programs and completing all of the critical milestones necessary to advance Mt Todd to the point of a development decision; our plan to complete feasibility-study level testing of the ore screening and sorting processes and grind size optimization testing which we expect will confirm the positive results we reported in our press release November 28, 2016; our plan to update our 2013 Preliminary Feasibility Study to reflect improvements in the USD:AUD exchange rate, the results of process flowsheet optimizations and other cost reductions that are expected to have an impact on the Mt Todd project economics; and our belief that the mine management plan is one of the final remaining major permits for Mt Todd 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, mineral resource and reserve estimates, results of optimization studies and results of preliminary economic assessments, technical studies, pre-feasibility studies and feasibility studies on our projects, if any, our experience with regulators, and positive changes to current economic conditions, foreign exchange rates and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Colo., Nov. 28, 2016 /PRNewswire/ -- Vista Gold Corp. ("Vista", the "Company," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) today announced the results of process area optimization studies that have the potential to enhance the project economics for the Mt Todd gold project in Northern Territory, Australia. The anticipated economic improvements are the result of process flowsheet changes that are expected to produce higher gold recoveries and lower process area operating costs. Testing indicates that these objectives can be accomplished through selectively screening and rejecting sub-economic, coarse crusher product prior to grinding; resulting in opportunities for improved gold recovery through finer grinding and improved operating costs down-stream of the grinding circuit.

A conference call with management to discuss the results of the Mt Todd gold project optimization studies is scheduled for Tuesday, November 29, 2016 at 2:00 pm MST.

Summary of Process Area Optimization Results

Earlier this year, Vista completed an independent review of the Mt Todd gold project. The combined input of the independent consultants and the project management team resulted in additional comminution and metallurgical recovery evaluations. These evaluations assessed opportunities to selectively remove below cut-off grade material from the process circuit after crushing. This results in less material being processed in the grinding and leaching circuits. The reduction in material results in excess grinding capacity which can be used to achieve a finer grind size in the final product and a corresponding increase in gold recovery for the remaining portion of the leach feed. Achieving the finer grind size is not expected to materially change the total grinding costs. Most importantly, the higher gold recovery is expected to increase cash flow, while the leaching, cyanide detoxification and tailings management costs are expected to decrease as a result of the reduction in the volume of material processed.

We completed size distribution and assay analysis of the high pressure grinding rolls ("HPGR") crusher product. This indicates that screening the HPGR crusher product at 5/8" produces an oversize product that accounts for 15-20% of the weight, but contains only 7-9% of the gold. Subsequently, we completed test work with Tomra Sorting Solutions, Inc. ("TOMRA") at their facilities in Germany to evaluate the recovery of sulfide/quartz/calcite-bearing material using Laser Reflection/Fluorescence and X-ray Transmission ("XRT") automated sorting techniques. This test work indicates that approximately 85% of the gold in this oversize fraction can be efficiently recovered with a return of 30-40% of the weight. We expect this to translate into an 11.5% reduction in material to be processed in the grinding/leaching circuits with a 1.6% loss in gold coming from the elimination of sub-economic material from the process stream.

If there is an 11.5% reduction in material passing to the grinding circuit, we expect to achieve a final grind size of 80% passing ("P80") 75 microns ("μm"), approximately 17% finer than the final grind size used in our May 2013 PFS of 90 μm. Test work confirms that at a P80 75 μm grind size, we can expect to achieve gold recoveries in the range of 83-84%, up from the 81.7% reported in the May 2013 PFS.

Vista's President & CEO, Frederick H. Earnest commented, "The process improvements that we have identified have the potential to generate lower operating costs and better gold recoveries without adding materially to the capital costs of the project. These improvements, coupled with the current US dollar to Australian dollar exchange rate have the potential to produce a significant improvement in project economics. We are now evaluating an update of our preliminary feasibility study." 

Detailed Discussion of Metallurgical Testing Program Results

Mt Todd Deposit Geology
The Mt Todd deposit is hosted by a silicified sequence of greywackes, siltstones and shales. This host is cross-cut (nearly perpendicular to the bedding planes) by two different series of quartz and calcite veins. The injection of quartz- and calcite-rich solution provided the transportation mechanism for the gold and other sulfide minerals found in the deposit. The gold in the Mt Todd deposit is associated with the veining and occurrence of sulfide minerals, and is found only in small concentrations (likely the result of micro-fracturing) in the host rock. The quartz/calcite veining is pervasive throughout the deposit with vein thicknesses running from a couple of millimeters to several centimeters. Vein density can vary from 3-4 to 10-15 veins per meter. Selective assaying was completed to assess the presence of gold exclusively in the veins and/or sulfides compared to the host rock. Selective samples submitted to Pine Creek Labs in Pine Creek, Northern Territory, Australia indicated that carefully selected veins and sulfide samples contained 0.16-41.4 grams Au/tonne of sample compared to 0.05-0.46 grams Au/tonne of sample for the host rock. The relatively small proportions of vein/sulfide material account for the average grade of the deposit, and at the same time highlight the value of efforts to separate the host rock from the gold-bearing veins and sulfides.

HPGR Product Screen-size and Gold Distribution Analysis
In 2012, we prepared two bulk samples representative of the Mt Todd deposit using metallurgical core dispersed across the deposit (identified as M1 and M3). These two samples were sent to Thysen Krupp Industrial Solutions' HPGR testing facilities in Germany for HPGR crushing tests. A total of approximately two tonnes of material between the two composites was crushed. The HPGR crushed material was returned to Vista for subsequent metallurgical testing. Using HPGR crushed material from these two composites, we undertook studies to evaluate the amount of material and amount of gold contained in various screen size fractions. The results of this analysis are summarized in the following table. This work (including the subsequent sample prep) was completed by Resource Development Inc. of Wheatridge, Colorado ("RDi") with assaying completed by Florin Analytical Services in Reno, Nevada.

Based on this data and with some understanding of the minimum size requirements for selective automated sorting we determined that the 5/8" screen oversize  provided a meaningful volume of material for our testing to evaluate selective sorting and rejection. This size was also selected because it is reasonable to expect that screening can be effectively achieved at this size in a full scale operation. Physical observation of the +5/8" material indicated visually identifiable portions of vein material and sulfide material. It was noted that the majority of the 5/8" material showed no visual indications of veining or sulfides. 

Automated Sorting Testing
Automated sorting is employed by many industries, and in the gold sector the Coeur Kensington mine is successfully operating an automated sorting circuit to recover higher grade ore before wasting the rejects. Many different sensors are used today in sorting, including but not limited to: Optical, Laser, XRT, Near Infrared, Visible light, Electromagnetic, and Color. A sample of +5/8" oversize material was sent to TOMRA's mining sorting division for testing. Testing was performed under the supervision of Outotec personnel using XRT and Laser sorting sensors. Testing indicates that a combination of XRT and Laser sorting methods could effectively identify the material containing quartz/calcite veining and/or sulfide material for subsequent removal using automated air sorting technology. A larger sorting test is planned to verify the promising indicative results. The following table summarizes the results of test work completed by TOMRA under Outotec supervision at TOMRA's mining sorting division in Germany.

Grind-size/Recovery Testing
As part of the comprehensive metallurgical testing completed in 2012, we completed grind size optimization studies. Those studies indicated that a P80 of 90 μm was the optimum grind size. At that time we recognized that finer grinding could result in higher gold recoveries, but the additional capital (i.e. larger mills) and power could not be justified to achieve the incremental increase in gold recovery. With the successful completion of the screening and automated sorting tests, we evaluated the relative advantages of down-sizing the mills to match the expected throughput compared to maintaining the mill size and grinding to a finer size.

As part of the recent testing, we completed grinding tests to achieve an initial product with a P80 of 90 μm. This product was subsequently screened to assess the relative proportion of material at size fractions from 100 mesh to minus 400 mesh. This screen analysis indicated that 40-50% of the ground material was minus 400 mesh and 10-20% of the material was plus 200 mesh. RDi completed an analysis of the energy requirements to grind to a finer size and determined that the ball mills selected for the project in the 2013 PFS, operating with 11.5% less feed from the crushers would be able to successfully produce a product with a P80 of 75 μm without any additional power demand. Based on grind-size and leach recovery work completed in 2012 and work recently completed by RDi, we expect that total recoveries in the range of 83-84% can be achieved with mill product with a P80 of 75 μm. 

Evaluation of Potential to Incorporate 2-Stage HPGR Crushing
In addition to the foregoing work, we prepared additional core composite samples and sent them to KCA in Reno, Nevada for additional HPGR testing. We conducted a testing program to evaluate the potential to achieve significant additional size reduction through 2-stage HPGR crushing. The objective of the program was to evaluate the potential to achieve sufficiently fine ball mill feed that even finer grinding, and hence higher gold recoveries, could be achieved. At this time we are not convinced that the additional capital and operating costs of 2-stage HPGR crushing can be justified by the results, but additional testing is contemplated.

Qualified Person

Dr. Deepak Malhotra, of Resource Development Inc., is a Qualified Person as defined under Canadian National Instrument 43-101 and has reviewed the scientific and technical information in this news release.

Management Conference Call

A conference call with management to discuss the results of the Mt Todd gold project optimization studies is scheduled for Tuesday, November 29, 2016 at 2:00 pm MST.

Event Title:  Vista Gold's Mt Todd Gold Project Optimization Update
Toll-free in North America: 1-866-233-5249
International:  416-642-3300
This call will also be web-cast and can be accessed at the following web location: http://event.on24.com/r.htm?e=1322195&s=1&k=B2530005D32B12FE6F9AE93198FAF931

This call will be archived and available at www.vistagold.com after November 29, 2016.  Audio replay will be available for 21 days by calling toll-free in North America:  1-888-203-1112, passcode 1698128.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia where we are seeking approval of our final environmental authorization and evaluating an update of our preliminary feasibility study. We also hold approximately 4.4% of the outstanding common shares of Midas Gold Corp., non-core projects in Mexico and the United States and royalty interests in Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as the potential to enhance the project economics for the Mt Todd gold project in Northern Territory, Australia; the anticipated economic improvements that the process flowsheet changes that are expected to produce; selectively screening and rejecting sub-economic, coarse crusher product prior to grinding; our expectation that the capital costs will not add materially to the capital costs of the project; the effect on the projects economics of the current US dollar to Australian dollar exchange rate; our plan to finalize a schedule for the completion of an updated preliminary feasibility study; and our expectation that we will announce our plans for its completion in the near future 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, mineral resource and reserve estimates, results of optimization studies and results of preliminary economic assessments, technical studies, pre-feasibility 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 26, 2016 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Oct. 26, 2016 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) today announced its unaudited financial results for the third quarter ended September 30, 2016. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on October 27, 2016.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on October 26, 2016 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of Third Quarter 2016 Financial Results

We reported a net loss of $2.1 million or $0.02 per share for the three months ended September 30, 2016. This includes operating expenses of $1.9 million, and an unrealized $0.2 million mark-to-market loss on our investment in Midas Gold Corp. ("Midas").  During the three months ended September 30, 2015, we reported net income of $0.5 million or $0.01 per share.  This included a $4.3 million payment received from the Australian Government under a research and development incentive program, offset by $3.2 million of operating and other expenses, and an unrealized $0.6 million mark-to-market loss on our investment in Midas.  

Our working capital at September 30, 2016 totaled approximately $30.1 million, including cash and short-term investments (comprised of government securities) of approximately $24.8 million. The Company has no debt.

Vista's President and CEO, Frederick H. Earnest, commented, "We believe our significantly improved balance sheet gives us the resources to fund all of the project milestones necessary to advance the Mt Todd gold project to a development decision.  With our metallurgical optimization programs nearing completion, we are preparing to undertake an update of our May 2013 Preliminary Feasibility Study.  We intend to provide more details in a comprehensive update in the near future." 

To review the Company's Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2016, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended September 30, 2016 and to discuss corporate and project activities is scheduled for Thursday, October 27, 2016 at 2:30 p.m. MDT.

Toll-free in North America: 1-866-233-5249
International:  416-642-3300

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=1300675&s=1&k=E5461C1588F868F9A4CE9AFDA68C4580

This call will be archived and available at www.vistagold.com after October 27, 2016.  Audio replay will be available for 21 days by calling toll-free in North America:  1-888-203-1112, passcode 2108951.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia where we are concluding test work to optimize the process flowsheet, seeking approval of our final environmental authorization and commencing an update of our preliminary feasibility study. We also hold approximately 4.4% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that we have the resources to achieve all of the project milestones necessary to advance Mt Todd to a development decision; our plans to update our May 2013 Preliminary Feasibility Study; our intent to provide a comprehensive update in the near future are forward-looking statements and forward-looking information; 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 26, 2016 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Sept. 1, 2016 /PRNewswire/ -- Vista Gold Corp. (the "Company'') (NYSE MKT and TSX: VGZ) wishes to inform the market of the nature of recent transactions, which have resulted in a net increase in the number and percentage of shares held by the officers and directors of the Company. On August 11, 2016 a total of 1,783,300 common shares of the Company were issued to officers and directors of the Company upon the vesting of Restricted Stock Units ("RSUs"), which had been granted to the officers and directors in prior years as part of the Company's Long Term Incentive Plan, which is designed to incentivize the achievement of various Company goals and objectives. The vesting of RSUs (i.e. the issuance of common shares of the Company to officers and directors) resulted in a personal income tax obligation on the part of the recipient, payable in cash, based on the value of the common shares that had vested.  Some of the vested shares were sold by individual officers and directors to facilitate payment of their respective personal income taxes.

As a result of the RSU vesting event, net of selling to cover the respective personal income tax obligations, officers and directors of the Company, in the aggregate, have actually increased their ownership of common shares of the Company to approximately 2% (a total of 1,903,207 shares) from approximately 1% (a total of 809,907 shares).     

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia where we continue to work to identify opportunities to improve project economics with the goal of advancing the project toward development. We also hold approximately 4.4% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

Denver, Colorado, August 8, 2016 - Vista Gold Corp. (the “Company,” “we” or “our”) (NYSE MKT: VGZ) (TSX: VGZ) is pleased to announce that it has closed its previously announced public offering (the “Offering”) of units (the “Units”) made pursuant to an underwriting agreement dated August 2, 2016 between the Company and Cantor Fitzgerald Canada Corporation and Rodman & Renshaw a unit of H.C. Wainwright & Co., LLC, acting as co-lead underwriters and joint book-running managers and Sprott Private Wealth LP, Roth Capital Partners, LLC and Jet Capital Advisors, LLC as co-managers (collectively, the “Underwriters”).

Pursuant to the Offering, the Company sold an aggregate of 12,362,500 Units at a price of US1.40 per Unit for gross proceeds of US$17,307,500. The Units sold include 1,612,500 Units sold pursuant to the exercise, in full, of the over-allotment option that was granted to the Underwriters. Each Unit consists of one common share in the capital of the Company (a “Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to purchase one Share at the exercise price of US$1.92 per Share, subject to adjustment in certain circumstances, for a period of 36 months after the closing of the Offering.

The Company intends to allocate the net proceeds from the Offering to pursue completion of the permitting and to perform selected technical studies that the Company believes will further de-risk the Mt Todd gold project, enhance the Mt Todd project economics and prepare the project for development if and when economic conditions warrant. Remaining proceeds will be used for working capital requirements and/or for other general corporate purposes which include ongoing regulatory, legal and accounting expenses, management and administrative expenses, and other corporate initiatives.

The Offering was completed by way of a prospectus supplement and an accompanying short form base shelf prospectus in all of the provinces of Canada, other than Québec, and was offered in the United States pursuant to a prospectus supplement to the Company’s effective shelf registration statement on Form S-3 filed with the United States Securities and Exchange Commission.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, Units, Warrants or Shares in any state or province in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any such state, province, or other jurisdiction.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia where we continue to work to identify opportunities to improve project economics with the goal of advancing the project toward development. We also hold approximately 4.4% of the outstanding common shares of Midas Gold Corp., non-core projects in Mexico and the United States and royalty interests in Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, statements with respect to the expected closing date of the Offering and the use of proceeds from the Offering are forward-looking statements and forward-looking information; 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 understanding and belief of the current market conditions, approved business plans, exploration and assay results, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility 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.  When used in this press release, the words “optimistic,” “potential,” “indicate,” “expect,” “intend,” “hopes,” “believe,” “may,” “will,” “if,” “anticipate,” and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, the use the proceeds from the Offering as expected, uncertainty of resource and reserve estimates, uncertainty as to the Company’s future operating costs and ability to raise capital;risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings Note Regarding Forward-Looking Statements and Risk Factors in the Company's latest Annual Report on Form 10-K as filed on February 26, 2016 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

DENVER, Aug. 2, 2016 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) is pleased to announce that it has entered into an underwriting agreement with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation and Rodman & Renshaw a unit of H.C. Wainwright & Co., LLC, acting as co-lead underwriters and joint book-running managers and representatives of the underwriters named therein, under which the underwriters have agreed to buy on an underwritten basis 10,750,000 units (the "Units"), each Unit consisting of one common share (each a "Share") and one half of one common share purchase warrant (each whole warrant a "Warrant"), at a price of US$1.40 per Unit for gross proceeds of US$15,050,000 (the "Offering"). Each Warrant will be exercisable for 36 months following the closing date and will entitle the holder thereof to purchase one Share upon exercise at an exercise price of US$1.92 per Share, subject to adjustment.

The Company has granted the underwriters an option, exercisable in whole or in part, to purchase up to an additional 15% of the Units issued under the Offering to cover over-allotments, if any, and for market stabilization purposes.

The Offering is expected to close on or about August 8, 2016, subject to obtaining customary TSX and NYSE MKT approvals.

The Company intends to allocate the net proceeds from the Offering to pursue completion of the permitting and to perform selected technical studies that the Company believes will further de-risk the Mt Todd gold project, enhance the economics of Mt Todd and prepare it for development if and when economic conditions warrant. Remaining proceeds will be used for working capital requirements and/or for other general corporate purposes which include ongoing regulatory, legal and accounting expenses, management and administrative expenses, and other corporate initiatives.

The Company will file a prospectus supplement with the securities commissions in each province and territory of Canada (other than Quebec) to supplement the Company's Canadian short form base shelf prospectus dated July 11, 2014, and the Company will file a prospectus supplement to the Company's current shelf registration statement on Form S-3, effective August 15, 2014 with the United States Securities and Exchange Commission (the "SEC"), in connection with the Offering for which this communication relates (collectively, the "Offering Documents").  The Offering Documents will contain important detailed information about the securities being offered.

Before you invest, you should read the Offering Documents and other documents that the Company has filed with the SEC for more complete information about the Company and the Offering. Copies of the Underwriting Agreement and the Offering Documents will be available for free by visiting the Company's profiles on SEDAR at www.sedar.com or EDGAR at www.sec.gov/edgar.shtml, as applicable.

Alternatively, a copy of the Offering Documents can be obtained by contacting the Company, attention: Connie Martinez at (720) 981-1185, Suite 5, 7961 Shaffer Parkway, Littleton, Colorado 80127 or by contacting any underwriter or any dealer participating in the offering at Cantor Fitzgerald Canada Corporation, attention: Equity Capital Markets, 181 University Avenue, Suite 1500, Toronto, ON, M5H 3M7, email: This email address is being protected from spambots. You need JavaScript enabled to view it., or Rodman & Renshaw a unit of H.C. Wainwright & Co., LLC, 430 Park Avenue, New York, NY 10022, email: This email address is being protected from spambots. You need JavaScript enabled to view it..

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, Units, Warrants or Shares in any state or province in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any such state, province, or other jurisdiction.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia where we continue to work to identify opportunities to improve project economics with the goal of advancing the project toward development. We also hold approximately 4.4% of the outstanding common shares of Midas Gold Corp., non-core projects in Mexico and the United States and royalty interests in Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, statements with respect to the expected closing date of the Offering and the use of proceeds from the Offering are forward-looking statements and forward-looking information; 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 understanding and belief of the current market conditions, approved business plans, exploration and assay results, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, our ability to satisfy the conditions to closing of the Offering and to use the proceeds from the Offering as expected, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 26, 2016 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Aug. 1, 2016 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) today announced its unaudited financial results for the second quarter ended June 30, 2016. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on August 10, 2016.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on August 1, 2016 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of Second Quarter 2016 Financial Results

We reported net income of $1.6 million or $0.02 per share for the three months ended June 30, 2016. This includes an unrealized $3.3 million mark-to-market gain on our investment in Midas Gold Corp. ("Midas"); offset by $1.7 million of operating expenses and other expenses. During the three months ended June 30, 2015, we reported net income of $3.6 million or $0.04 per share.  This included a $5.9 million payment received from the Australian Government under a research and development incentive program; an unrealized $0.3 million mark-to-market loss on our investment in Midas; and $2.0 million in operating expenses.

Our working capital at June 30, 2016 totaled approximately $16.0 million, including cash and short-term investments (comprised of government securities) of approximately $10.3 million. The Company has no debt. 

To review the Company's Quarterly Report on Form 10-Q for the three and six months ended June 30, 2016, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended June 30, 2016 and to discuss corporate and project activities is scheduled for Wednesday, August 10, 2016 at 2:30 p.m. MDT.

Toll-free in North America: 1-866-233-5249
International:  416-642-3300

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=1234673&s=1&k=5184360283907E75CCB91632F5469D43

This call will be archived and available at www.vistagold.com after August 10, 2016.  Audio replay will be available for 21 days by calling toll-free in North America:  1-888-203-1112, passcode 5515432.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia where we continue to work to identify opportunities to improve project economics with the goal of advancing the project toward development. We also hold approximately 4.4% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

DENVER, May 2, 2016 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) today announced its unaudited financial results for the first quarter ended March 31, 2016. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on May 3, 2016.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on April 29, 2016 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of First Quarter 2016 Financial Results

We reported a net loss of $0.7 million or $0.01 per share for the three months ended March 31, 2016. This includes $2.2 million of operating expenses; a $0.7 million payment received from the Australian Government under a research and development incentive program for costs incurred in the 2014 fiscal year; an unrealized $0.5 million mark-to-market gain on our investment in Midas Gold Corp. ("Midas"); and $0.3 million of other income. During the three months ended March 31, 2015, we reported a net loss of $0.9 million or $0.01 per share inclusive of $2.2 million of operating expenses; an unrealized $0.7 million mark-to-market loss on our investment in Midas; and $2.0 million gain on the sale of our Los Cardones gold project in Mexico.

Our working capital at March 31, 2016 totaled approximately $14.0 million, including cash and short-term investments (comprised of government securities) of approximately $12.0 million. The Company has no debt. 

Frederick H. Earnest, President and Chief Executive Officer, commented, "We continue to believe that our balance sheet will fund our currently planned activities into 2018, and we still have potential future sources of  non-dilutive  financing including the sale of our used mill equipment and our non-core Guadalupe de los Reyes gold/silver project in Mexico.  Our focus remains fixed on our Mt Todd gold project where we are completing additional modelling and testing to support our request for authorization under the Environmental Protection and Biodiversity Conservation Act of 1999 (Australia); and we are analyzing recommendations from a team of technical experts that we engaged earlier this year to review key parts of the Mt Todd gold project."

Mr. Earnest added: "We are encouraged by the apparent renewed interest in the gold sector and the significant leverage that Vista stock has displayed relative to gold price changes. We remain committed to adding to the already extraordinary value of the Mt Todd gold project as we work to prepare it for rapid advancement when economic conditions warrant."

To review the Company's Quarterly Report on Form 10-Q for the three months ended March 31, 2016, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended March 31, 2016 and to discuss corporate and project activities is scheduled for Tuesday, May 3, 2016 at 2:30 p.m. MDT.

Toll-free in North America: 1-866-233-4585
International:  416-640-5946

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=1183877&s=1&k=804608BB20682F1816797B5129D5D65D

This call will be archived and available at www.vistagold.com after May 3, 2016.  Audio replay will be available for 21 days by calling toll-free in North America:  1-888-203-1112, passcode 5844824.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia where we continue to work to identify opportunities to improve project economics with the goal of advancing the project toward development. We also hold approximately 4.4% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that our currently planned activities are funded into 2018, our ability to access additional non-dilutive financing, the leverage of our stock relative to the gold price, our ability to add value to the Mt Todd gold project, and our ability to evaluate and execute programs that could better position the Mt Todd gold project for rapid advancement  are forward-looking statements and forward-looking information; 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility 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.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 26, 2016 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, April 26, 2016 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced the voting results from its annual general meeting of shareholders held on Tuesday, April 26, 2016 in Vancouver, British Columbia.

A total of 55,663,732 common shares in the capital of the Company ("Common Shares") were represented at the meeting, being 67.25% of the Common Shares.  Detailed results for the ballot votes are as follows:

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia where we continue to work to identify opportunities to improve project economics with the goal of moving the project closer to development. We also hold approximately 4.4% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

DENVER, March 29, 2016 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced that it has received an additional A$992,000 (approximately US$748,000) Research & Development ("R&D") Tax Incentive refund, net of costs to prepare and file. This refund is related to costs we incurred during the 2014 fiscal year.  

Frederick H. Earnest, President and Chief Executive Officer, commented, "The 2014 fiscal year R&D refund applies to the continuation of programs from 2012 and 2013 related to our implementation of innovative solutions to the challenges of water management at the Mt Todd gold project. Our water management expenditures in 2014 were considerably less than the expenditures that were made in the two previous years. We now have several years of successful implementation of the methods and protocols that we developed and we are very pleased to see that these methods and protocols are now being implemented by other Northern Territory mining operations with similar water management challenges." 

Regarding the Company's request for authorization under the Australian Environmental Protection and Biodiversity Conservation Act of 1999 (the "EPBC"), the Australian Commonwealth Department of Environment (the "DoE") has requested additional modelling and testing information from us as part of their review. To provide such information, the Company is working with its consultants to define the scope of the work and initiate the required studies as soon as possible. It is expected that the Company will be in a position to provide the DoE with the requested additional information by the end of the 3^rd quarter of this year.

In respect of the request from the DoE for additional information Mr. Earnest commented, "Our request for authorization under the EPBC is specifically related to the Gouldian Finch and its habitat northwest of the Mt Todd gold project area. The DoE has requested additional dust modelling and laboratory testing to determine the threshold limit for dust exposure for the Gouldian Finch. Because we are committed to ensuring the welfare of all native species in the project area, including the Gouldian Finch, we designed the project to meet more stringent dust controls and standards than required, which we believed would have precluded the DoE's request for this additional testing. We are confident that the additional testing will establish the validity of our assumptions. We intend to use part of the recently received R&D Tax Incentive refund to fund the laboratory testing and modelling that will be required to satisfy the request of the DoE."

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia where we continue to work to identify opportunities to improve project economics with the goal of moving the project closer to development. We also hold approximately 4.4% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements 
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, the Company being in a position to provide the DoE with the requested additional modelling and testing information to determine the threshold limit for dust exposure for the Gouldian Finch by the third quarter of this year; that the additional testing will establish the validity of our assumptions with respect to the dust controls and standards we have designed for the Mt Todd gold project; and our intent to use part of the recently received R&D Tax Incentive refund to fund the laboratory testing and modelling; 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, mineral resource and reserve estimates and results of preliminary economic assessments, and pre-feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 26, 2016 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Feb. 29, 2016 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its audited financial results and highlights for the fiscal year ended December 31, 2015. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MST on March 2, 2016. The Company's full audited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of 2015 Financial Results

We reported net income of $1.0 million or $0.01 per share for the year ended December 31, 2015. This includes $10.2 million of payments received from the Australian Government under a research and development incentive program for qualifying costs incurred in 2012 and 2013; a $1.6 million mark-to-market loss on our investment in Midas Gold Corp.; $7.5 million of operating expenses, net of a $2.0 million gain on the disposal of the Los Cardones gold project; and $0.1 million of other expenses. Cash operating expenditures were substantially unchanged from 2014.

Our working capital as at December 31, 2015 totaled approximately $14.4 million, including cash and short-term investments (comprised of government securities) of approximately $12.9 million. The Company has no debt. 

Frederick H. Earnest, Vista's President and CEO, commented, "2015 was a pivotal year in the financial position of the Company. The cash received from the sale of some of our non-core assets, together with the receipt of $10.2 million dollars under the Australian Government's R&D Tax Incentive Program have financed the Company without shareholder dilution, and provided a treasury that we believe will fund the Company into 2018. 

We plan to continue our core focus on Mt Todd permitting and technical/economic studies. We recently retained a team of experts to review key areas of the project; concentrating on metallurgical recovery, process engineering and plant design, pit slope rock mechanics, mine plans and scheduling, and the gas-fired power plant. We hope that this review will identify opportunities to improve project economics and may move the project closer to development."

Guadalupe de los Reyes Update   

On February 25, 2016, Vista received notification from Great Panther Silver Limited ("Great Panther") that it is terminating its option agreement on Vista's non-core Guadalupe de los Reyes gold and silver project (the "Guadalupe project") in Sinaloa, Mexico; and that the $1.5 million option payment due in February 2016 would not be made.  Pursuant to the terms of the option agreement, Vista and Great Panther are now working together to transition 100% of the Guadalupe project back to Vista's control.

Frederick H. Earnest, added, "The Guadalupe project is a non-core project for Vista.  The work that Great Panther and its subsidiary (Coboro Minerales de Mexico, S.A. de C.V) completed over the last two years has confirmed previous work and provided additional information about the low-sulfidation epithermal veins systems in the district. We continue to believe that the Guadalupe project has good prospects for future development based on the identified and prospective mineral resources. At the appropriate time we intend to seek a new partner who can advance the project to a development decision."

To review the Company's Annual Report on Form 10-K for the year ended December 31, 2015, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the fiscal year ended December 31, 2015 and to discuss corporate and project activities is scheduled for Wednesday, March 2, 2016 at 2:30 p.m. MST.

Toll-free in North America: 1-888-455-2296
International:  719-325-2323

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=1145423&s=1&k=66EBAA8D858DD45E6AA2CBEC0028F700

This call will be archived and available at www.vistagold.com after March 2, 2016.  Audio replay will be available for 21 days by calling toll-free in North America:  1-866-245-6755, passcode 890013.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia. We also hold approximately 4.9% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements 
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, the Company being funded into 2018; our plan to continue our focus on Mt Todd; our belief that the recommendations may lead to improved project economics and may move the project closer to development; our plan to seek a partner who can advance the Guadalupe project; our belief that the Guadalupe project has good prospects for future development based on the identified and prospective mineral resources; our believe that the return of the Guadalupe project will have no impact on Mt Todd 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, mineral resource and reserve estimates and results of preliminary economic assessments, and pre-feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on February 26, 2016 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Oct. 29, 2015 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) today announced its unaudited financial results for the third quarter ended September 30, 2015. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MST on November 9, 2015. The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of Third Quarter 2015 Financial Results

We reported net income of $0.5 million or $0.01 per share for the three months ended September 30, 2015. This includes a $4.4 million payment received from the Australian Government under a research and development incentive program for costs incurred in the 2013 fiscal year; an unrealized $0.6 million mark-to-market loss on our investment in Midas Gold Corp. ("Midas"); $2.9 million of operating expenses and $0.3 million foreign exchange loss (resulting from the weaker Australian dollar). During the three months ended September 30, 2014, we reported a net loss of $4.9 million or $0.06 per share inclusive of an unrealized $3.8 million mark-to-market loss on our investment in Midas, and $1.1 million of operating expenses.

Our working capital at September 30, 2015 totaled approximately $16.0 million, including cash and short-term investments (comprised of government securities) of approximately $14.7 million. The Company has no debt. 

Frederick H. Earnest, President and Chief Executive Officer, commented, "We have worked hard to ensure the Company remains funded without diluting our shareholders, and I am enthusiastic about our success and the opportunities it affords us. With our improved balance sheet we believe we are able to fund our currently planned activities into 2018, and we still have opportunities to access additional financing from non-dilutive sources such as the sale of our used mill equipment and the monetization of our other non-core assets.  Having effectively addressed our liquidity needs at this time, we are now able to shift our team's focus from basic survival tactics to value creation strategies that could better position the Mt Todd gold project for fast-track development when economic conditions permit; and to judiciously evaluate and pursue other near-term value creating opportunities." 

To review the Company's Quarterly Report on Form 10-Q for the three months ended September 30, 2015, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended September 30, 2015 and to discuss corporate and project activities is scheduled for Monday, November 9, 2015 at 2:30 p.m. MST.

Toll-free in North America: 1-866-233-5249
International:  416-642-3300

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=1079392&s=1&k=6981E2DDEE97758D6A33F17A6527CD7C

This call will be archived and available at www.vistagold.com after November 9, 2015.  Audio replay will be available for 21 days by calling toll-free in North America:  1-866-245-6755, passcode 279138.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

The Company is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia. We also hold approximately 4.9% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that we are funded into 2018 and have addressed our current liquidity needs, our ability to access additional non-dilutive financing, our ability to evaluate and execute programs that could better position the Mt Todd gold project for fast-track development and our ability to judiciously evaluate and pursue other near-term value creating opportunities are forward-looking statements and forward-looking information; 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any, and positive changes to current economic conditions and the price of gold.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 3, 2015 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Oct. 22, 2015 /PRNewswire/ -- Vista Gold Corp. (TSX: VGZ) (NYSE MKT: VGZ) ("Vista" or the "Corporation") advises holders of its TSX listed share purchase warrants (TSX: VGZ.WT.U) (the "Warrants") that all outstanding Warrants expire at 4:30 p.m. (Pacific time) on October 22, 2015.  At the expiry time, all unexercised Warrants will become void; holders will have no further rights under such Warrants; and the Warrants will be delisted from the TSX.

About Vista Gold Corp.

Vista is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia. We also hold approximately 4.9% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Aug. 3, 2015 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its unaudited financial results and highlights for the second quarter ended June 30, 2015. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on August 4, 2015. The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of Second Quarter 2015 Financial Results

We reported net income of $3.6 million or $0.04 per share for the three months ended June 30, 2015.  This includes a $5.9 million payment received from the Australian Government under a research and development incentive program ("R&D Tax Incentive") for costs incurred in the 2012 fiscal year; and an unrealized $0.3 million mark-to-market loss on our investment in Midas Gold Corp. ("Midas"). During the three months ended June 30, 2014, we reported a net loss of $2.9 million, or $0.04 per share inclusive of an unrealized $0.6 million mark-to-market loss on our investment in Midas. During the period, total operating expenses of $2.0 million were 15% lower than total operating expenses for the same period in 2014. 

Our working capital at June 30, 2015 totaled approximately $14.9 million, including cash and short-term investments (comprised of U.S. Treasury Bills) of approximately $12.6 million. The Company has no debt. 

As disclosed in our July 27, 2015 press release, subsequent to the period end, we received an additional approximately $4.3 million R&D Tax Incentive refund, net of costs. This refund is related to qualifying costs we incurred in the 2013 fiscal year. After giving effect to this refund, our June 30, 2015 pro forma cash and short-term investments would increase to $16.9 million.

Frederick H. Earnest, President and Chief Executive Officer, commented, "We were pleased with the addition of approximately $10.2 million of cash to our treasury from the R&D Tax Incentive Program. Based on our current plan of operations, we believe that we are now funded into 2018; and we still have opportunities to access additional financing from non-dilutive sources such as the sale of our used mill equipment and monetization of other non-core assets. We believe we have addressed our liquidity needs and positioned the Company to continue to evaluate and execute programs that could better position the Mt Todd gold project for fast-track development when economic conditions permit. With our improved treasury position and strong management team we believe we are in a position to judiciously evaluate and pursue other near-term value creating opportunities." 

To review the Company's Quarterly Report on Form 10-Q for the three months ended June 30, 2015, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended June 30, 2015 and to discuss corporate and project activities is scheduled for Tuesday, August 4, 2015 at 2:30 p.m. MDT.

Toll-free in North America: 1-866-233-5249
International:  416-642-3300

This call will also be web-cast and can be accessed at the following web location:
http://event.on24.com/r.htm?e=1031014&s=1&k=C49292DF4D15D44C690CD34AED4933CB

This call will be archived and available at www.vistagold.com after August 4, 2015.  Audio replay will be available for 21 days by calling toll-free in North America:  1-866-245-6755, passcode 582544.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

Vista is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia. We also hold approximately 4.9% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our belief that we are funded into 2018, our ability to access additional non-dilutive financing, our ability to evaluate and execute programs that could better position the Mt Todd gold project for fast-track development, the timeline for improved economic conditions for the development of the Mt Todd gold project and our position to judiciously evaluate and pursue other near-term value creating opportunities are forward-looking statements and forward-looking information; 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 3, 2015 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, July 27, 2015 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced that it has received an additional A$5.9 million (approximately US$4.3 million) Research & Development ("R&D") Tax Incentive refund, net of costs to prepare and file. This refund is related to costs we incurred in respect of the 2013 fiscal year.  The refund was paid under the Australian Government's R&D Tax Incentive Program, a program designed to encourage industry to engage in R&D activities that benefit Australia.  With this additional refund, we have received a total of A$13.4 million net of costs to prepare and file.  We did not incur any expenses that would qualify for a material rebate under the R&D Incentive Program in 2014.

Frederick H. Earnest, President and Chief Executive Officer, commented, "This rebate applies to the continuation of programs from 2012 into 2013 related to our work to find innovative solutions to the challenges at the Mt Todd gold project, water management in particular. Some of this work has been recognized as having cost-effective industry-wide application. We are pleased with the addition of approximately US$4.3 million of cash to our treasury and now believe, based on our current plan of operations, that we are funded into 2018. We remain committed to careful management of our financial resources and intend to continue our practice of strict capital discipline as we evaluate potential programs that could better position the Mt Todd gold project for fast-track development when economic conditions permit."  

About Vista Gold Corp.
Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  We also hold approximately 4.9% of the outstanding common shares of Midas Gold Corp., non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as the Company being funded well into 2018; our commitment to careful management of our financial resources; our ability to continue strict capital discipline;the timing and success of programs that could position the Mt Todd gold project for fast-track development; 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 3, 2015 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, June 1, 2015 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced that it has received an A$7.5 million (approximately US$5.7 million) Research & Development ("R&D") Tax Incentive refund, net of costs to prepare and file. This refund is related to costs we incurred in respect of the 2012 tax year.  The refund was paid under the Australian Government's R&D Tax Incentive Program, a program designed to encourage industry to engage in R&D activities that benefit Australia.  

Frederick H. Earnest, President and Chief Executive Officer, commented, "Certain investments we made in 2012 to find innovative solutions to our water management challenges at the Mt Todd gold project, together with studies we undertook to define long-term environmental solutions for the project, have met the criteria for a refundable tax credit under the Australian Government's R&D Tax Incentive Program. Some of our work has been recognized as having cost-effective industry-wide application. We are pleased with the addition of approximately US$5.7 million of cash to our treasury and now we believe we are funded well into 2017. We remain committed to careful management of our financial resources and intend to continue our practice of strict capital discipline as we evaluate potential programs that could better position the Mt Todd gold project for fast-track development when economic conditions permit."  

About Vista Gold Corp.

Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  We also hold approximately 4.9% of the outstanding common shares of Midas Gold Corp., non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as the Company being funded well into 2017; our ability to continue strict capital discipline;the timing and success of programs that could position the Mt Todd gold project for fast-track development; 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 3, 2015 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, May 11, 2015 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its unaudited financial results and highlights for the first quarter ended March 31, 2015. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on May 12, 2015. The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of First Quarter 2015 Financial Results

We reported a net loss of $0.9 million or $0.01 per share for the three months ended March 31, 2015. This includes an unrealized $0.4 million mark-to-market loss on our investment in Midas Gold Corp. ("Midas") and a realized loss of $0.3 on the sale of 8 million shares in the capital of Midas. We also realized a gain of approximately $2.0 million on the completion of the sale of the Los Cardones gold project. During the three months ended March 31, 2014, we reported a net loss of $1.1 million, or $0.01 per share inclusive of an unrealized $2.1 million mark-to-market gain on our investment in Midas.  

During the period, expenditures for exploration and property holding costs, principally at our Mt Todd gold project, were down approximately 31% from the same period in 2014. A significant portion of this reduction results from a weaker Australian dollar in 2015. In addition, the Government of the Northern Territory shared the cost of treating and discharging water from the Batman pit during the period; there was no similar program in 2014. At the corporate level, costs were down approximately18% in 2015 from 2014 levels. The 2014 costs included severance costs which resulted from the 2013 retrenchment; there were no similar programs in 2015.    

Our working capital at March 31, 2015 totaled approximately $10.8 million, including cash of approximately $8.7 million. The Company has no debt. 

Frederick H. Earnest, President and Chief Executive Officer, commented, "With the funding obtained from non-dilutive sources in the first quarter of the year, we now have a much stronger balance sheet and are better able to sustain our planned activities. At Mt Todd, the wet season has ended and the site received 25% less rain than normal. As a result pond levels are much lower than normal. With the pumping and automated control system installed in the Batman pit we were able to discharge 1.4 million cubic meters of treated water from the pit. We wish to acknowledge the important role that the Government of the Northern Territory has played in this effort, and we are pleased with the positive working relationship we enjoy with them. We have begun the field investigation work necessary to prepare the request for the authorization required under the Environmental Protection and Biodiversity Conservation Act 1999 ("EPBC Act")  from the federal government (as it relates to the Gouldian Finch). We anticipate that this authorization will be granted by the fourth quarter of this year. In the meanwhile, we continue to work on the general sections of the mine operating permit (known as the Mine Management Plan or "MMP").  We are focused on opportunities to advance the Mt Todd gold project beyond those improvements already caused by favorable changes in the US$/AUD exchange rate. We continue to work to have the Mt Todd gold project ready for development as economic conditions permit."

To review the Company's Quarterly Report on Form 10-Q for the three months ended March 31, 2015, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended March 31, 2015 and to discuss corporate and project activities is scheduled for Tuesday, May 12, 2015 at 2:30 p.m. MDT.

Toll-free in North America: 1-866-233-5249
International:  416-642-3300

This call will also be web-cast and can be accessed at the following web location:

http://event.on24.com/r.htm?e=995235&s=1&k=6EEA209AD03BA545DFD00D23C996FA1D

This call will be archived and available at www.vistagold.com after May 12, 2015.  Audio replay will be available for 21 days by calling toll-free in North America:  1-866-245-6755, passcode 679087.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  We also hold approximately 5.5% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as our ability to sustain our planned activities, the timing and potential approval under the EPBC Act, timing and approval of the MMP, the economic impact of Mt Todd optimization efforts, the timeline for improved economic conditions and our attempt to develop the Mt Todd gold project are forward-looking statements and forward-looking information; 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 3, 2015 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, March 16, 2015 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") announced that it has completed the previously announced sale of 8,000,000 common shares of Midas Gold Corp. ("Midas") held by Vista Gold U.S. Inc. ("Vista US") at a price of Cdn$0.46 per Midas Share for aggregate gross proceeds of Cdn$3,680,000.   

After completion of the sale, Vista holds, directly and indirectly through Vista US, an aggregate of 7,802,615 common shares of Midas, representing approximately 5.5% of the outstanding common shares of Midas. Vista and Vista US have agreed that they will not sell any of their remaining shares of Midas for a period of 6 months from today's date.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or the securities laws of any state of the United States and may not be offered or sold absent such registration or pursuant to an exemption from such registration requirements.  This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein in the United States. 

About Vista Gold Corp.

Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  We also hold approximately 5.5% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vista-gold-corp-completes-the-sale-of-8000000-shares-of-midas-gold-corp-300050463.html

SOURCE Vista Gold Corp.

DENVER, March 3, 2015 /PRNewswire/-- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its audited financial results and highlights for the fiscal year ended December 31, 2014. Management's quarterly conference call to discuss these results is scheduled for 9:00 a.m. MST on March 6, 2015. The Company's full audited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Recent Highlights:

• Received $3.0 million to complete the sale of the Los Cardones gold project;
• Completed an agreement to sell up to  8 million of our shares in Midas Gold Corp.("Midas") for aggregate net proceeds of approximately $2.8 million (the "Midas Sale");
• Received $0.5 million option payment from Cangold Limited; and  
• Continued to bring costs down while meeting environmental, safety and regulatory requirements.

Frederick H. Earnest, President and Chief Executive Officer, commented, "2014 was a pivotal year in the financial stability of the Company. Consistent with our stated strategy, we continued to fund the Company without dilution and paid off our debt well ahead of schedule.  As a result of our cash on hand and the successful cost cutting measures which we implemented in 2013, which continue in effect, we believe we  are now funded through most of 2016.  We remain focused on our Mt Todd gold project in Australia, where continued weakness in many macro-economic factors provides positive offsets to the lower gold price.  We are analyzing these factors and anticipate that they will have a net positive effect on the economics of the project. We are well positioned to continue to weather the present gold markets and expect to be able to continue to fund the Company through most of 2016 without the need to raise capital in the equity markets in the current market conditions.  I believe our Mt Todd gold project is uniquely positioned to move forward quickly in an environment of sustained gold market improvement."

Summary of 2014 Financial Results

We reported a net loss of $18.9 million or $0.23 per share for the year ended December 31, 2014.  This includes an unrealized $4.3 million mark-to-market loss on our investment in Midas, and a non-cash $4.8 million write-down of interest in the Amayapampa project in Bolivia.  During the year ended December 31, 2013, we reported a net loss of $59.5 million, or $0.73 per share.  

Expenditures for exploration and property holding costs, principally at our Mt Todd gold project, were down approximately 74% from 2013. In 2014, we eliminated all material discretionary programs and continued the cost cutting initiatives introduced in 2013.  In early 2013, we completed several cash intensive programs such as water treatment and the prefeasibility study for the Mt. Todd gold project, and introduced several significant cost cutting measures, including staff reductions and compensation reductions at the Mt Todd gold project. Similarly, at the corporate level, we continued the cost cutting initiatives introduced in 2013, resulting in a 31% reduction in 2014 corporate costs from 2013 levels.   

Our working capital at December 31, 2014 totaled approximately $8.6 million, including cash of approximately $3.7 million. After giving effect to the cash received in January as a result of the finalization of the Los Cardones sale and the option payment received from Cangold Limited in February, together with the cash to be received from the Midas Sale, our pro forma working capital increases to approximately $15.0 million, including approximately $10.0 million of cash. 

To review the Company's Annual Report on Form 10-K for the year ended December 31, 2014, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the fiscal year ended December 31, 2014 and to discuss corporate and project activities is scheduled for Friday, March 6, 2015 at 9:00 a.m. MST.

Toll-free in North America: 1-866-233-5249
International:  416-642-3300

This call will also be web-cast and can be accessed at the following web location:
 http://event.on24.com/r.htm?e=960286&s=1&k=34B049C9DCF220CC21DEB10F316F126D

This call will be archived and available at www.vistagold.com after March 6, 2015.  Audio replay will be available for 21 days by calling toll-free in North America:  1-866-245-6755, passcode 339376.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  Upon completion of the Midas Sale, we will hold approximately 5.5% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, the closing of the Midas Sale; the Company being funded through most of 2016; the impact that macro-economic factors may have on the economics on the Mt Todd gold project; funding the Company without dilution; and moving the Mt Todd gold project forward quickly when there is sustained improvement in the gold market; 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 2, 2015 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vista-gold-corp-announces-2014-results-and-provides-update-on-recent-activities-300045081.html

SOURCE Vista Gold Corp.

DENVER, Feb. 25, 2015 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced that it executed an agency agreement with an agent (the "Agent") and Vista's wholly owned subsidiary, Vista Gold U.S. Inc. ("Vista US"), under which the Agent has arranged to sell up to 8,000,000 common shares of Midas Gold Corp. ("Midas") held by Vista US (the "Midas Shares") at a price of Cdn$0.46 per Midas Share for aggregate gross proceeds of up to Cdn$3,680,000 (the "Sale"). A portion of the Midas Shares may be sold pursuant to a finder's agreement between Vista US and a finder (the "Finder") on the same offering terms. In consideration for the services to be provided by the Agent, and if applicable, the Finder, in connection with sale of the Midas Shares, the Agent or the Finder (as applicable) will receive a cash fee equal to 4% of the gross proceeds from the sale of the Midas Shares.

Vista and Vista US have agreed that following the closing of the Sale, they will not sell any of their remaining shares of Midas for a period of 6 months following closing. 

Vista currently holds, directly and indirectly through Vista US, an aggregate of 15,802,615 common shares of Midas, representing 11.2% of the outstanding common share of Midas. Following the sale of the Midas Shares, Vista's holding would be reduced to 7,802,615 common shares of Midas, representing 5.5% of the outstanding common shares of Midas.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or the securities laws of any state of the United States and may not be offered or sold absent such registration or pursuant to an exemption from such registration requirements.  This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein in the United States.

About Vista Gold Corp.
Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia. Upon completion of the Sale we will also hold 5.5% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future include completion of the sale of all or a portion of the Midas Shares, the gross proceeds that Vista may raise through the sale of the Midas Shares, the number of common shares of Midas that Vista would hold upon the completion of the sale of all of the Midas Shares and the interest in Midas that holding represents 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: permitting conditions in Mexico, compliance by our partners of their contractual obligations, track record and ability of our partners, our approved business plans, exploration and assay results, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of the completion and size of the Sale, risks associated with market conditions, resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; risks related to our partners and the geopolitical environment in which they carry on business; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vista-gold-corp-enters-into-an-agency-agreement-for-the-sale-of-up-to-8000000-shares-of-midas-gold-corp-300041012.html

SOURCE Vista Gold Corp.

DENVER, Jan. 30, 2015 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced it has agreed to amend the payment terms (the "Amendment") of its sale of the Los Cardones gold project in Baja California Sur, Mexico to Invecture Group, S.A. de C.V. ("Invecture") and RPG Structured Finance S.a.r.l. (together, the "Purchasers"). Under the Amendment, the Company will receive a payment of US$3.0 million cash from the Purchasers as full and final payment for 100% of the Company's debt and equity participation in the Los Cardones gold project. 

In October 2013, we agreed to sell 100% of our debt and equity participation in the Los Cardones gold project to the Purchasers for total consideration of US$13 million, US$7 million of which was paid at closing and US$6 million of which is due by January 30, 2015 (extended from January 30, 2014, and subsequently from July 31, 2014). The Purchasers had the option to elect, in their discretion, not to make the second payment of US$6 million, in which case, we would retain all amounts already received and the Los Cardones gold project would be returned to us.  

On October 28, 2014, Invecture announced that the Los Cardones gold project had been suspended, stating that conditions for its development were not favorable at that time. Since making this announcement, there have been no apparent significant favorable changes to incentivize Invecture to lift the suspension.

Frederick H. Earnest, President and Chief Executive Officer, commented, "It is clear that Invecture has invested a significant amount of time, energy, financial resources and political capital to advance the Los Cardones gold project. However, present conditions make it difficult to predict when development at the project might occur.  Our key focus is the continued advancement of our Mt Todd gold project.  Our goal is to position the Mt Todd gold project ready for development in an improved gold price environment.  Like other mining companies, we face risks with regards to financing our activities and ensuring our ongoing viability. The US$3.0 million payment we expect to receive mitigates those risks, and, together with a US$0.5 million Guadalupe de los Reyes option payment expected on March 2, 2015 (postponed from January 15, 2015) and the cash on hand at the end of 2014, we believe the Company will be funded into 2016, consistent with our strategy of financing the Company through non-dilutive means."

About Vista Gold Corp.

Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  We also hold 11.2% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, our belief that Invecture will succeed in developing the Los Cardones gold project, the receipt and expected timing of the receipt of the US$3 million payment  and US$0.5 million payments, that these payments together with our cash on hand at the end of 2014 will provide sufficient funding for the Company into 2016; and our goal to position the Mt Todd gold project to be ready for development in an improved gold price environment. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this press release include the following: permitting conditions in Mexico, compliance by our partners of their contractual obligations, track record and ability of our partners, our approved business plans, exploration and assay results, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; risks related to our partners and the geopolitical environment in which they carry on business; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vista-gold-corp-amends-the-payment-terms-for-the-los-cardones-project-and-will-receive-a-us30-million-cash-payment-300028311.html

SOURCE Vista Gold Corp.

DENVER, Oct. 30, 2014 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its unaudited financial results and highlights for the third quarter ended September 30, 2014.  The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Summary of Third Quarter 2014 Financial Results

We reported a net loss of $4.9 million or $0.06 per share for the three months ended September 30, 2014.  This includes an unrealized $3.8 million mark-to-market loss on our investment in Midas Gold Corp. ("Midas"). During the three months ended September 30, 2013, we reported net loss of $3.0 million, or $0.04 per share. The 2013 results included a $4.5 million unrealized gain on our investment in Midas, and a $3.5 million impairment charge related to mill equipment held for sale.

Expenditures for exploration and property holding costs, principally at our Mt Todd gold project, totaled $0.8 million for the three months ended September 30, 2014, down from $2.2 million for the same period in 2013.  The 2014 costs are net of a $0.2 million non-cash stock-based compensation cost recovery related to the expiry of certain restricted stock units.  Several cost cutting measures were introduced at our Mt Todd gold project during the latter half of 2013, but were not fully in effect for the three months ended September 30, 2013.    

Corporate general and administrative costs totaled $0.1 million for the three months ended September 30, 2014, down from $1.1 million for the same period in 2013. The 2014 costs are net of a $0.7 million non-cash stock-based compensation cost recovery related to the expiry of certain restricted stock units.  Corporate cost reduction measures had also been introduced during the latter half of 2013, but were not fully in effect for the three months ended September 30, 2013.   

Our working capital at September 30, 2014 totaled approximately $11.1 million, including cash of approximately $5.3 million. The Company has no debt.

Frederick H. Earnest, President and Chief Executive Officer, commented, "We continue to focus on the things that we can influence: cost control, permitting and advancing the Mt Todd gold project toward shovel-ready status. I am pleased to report that we are making good progress in all of these areas. Our costs continue to trend downward.  The Government of the Northern Territory's participation in water remediation and discharge at Mt Todd mitigates some of the risk that we will incur material unexpected environmental expenditures through 2015.  The recent successful completion of the Environmental Impact Statement (EIS) approval process marks the end of more than three years of work and expenditures.  This important step toward our goal of making the Mt Todd gold project a shovel-ready project has reduced the risks associated with the development of the project." 

To review the Company's Quarterly Report on Form 10-Q for the three months ended September 30, 2014, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the fiscal three months ended September 30, 2014 and to discuss corporate and project activities is scheduled for Tuesday, November 4, 2014 at 2:30 p.m. MST.

Toll-free in North America: 1-866-233-5249
International:  416-642-3300

This call will also be web-cast and can be accessed at the following web location:
http://www.snwebcastcenter.com/webcast/vistagold/2014/1104/

This call will be archived and available at www.vistagold.com after November 4, 2014.  Audio replay will be available for 21 days by calling toll-free in North America:  1-866-245-6755, passcode 253759.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in this press release are U.S. dollars.

About Vista Gold Corp.

Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  We also hold 11.2% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, our belief that the participation of the NT Government in water remediation and discharge at Mt Todd mitigates the risk that we will incur material unexpected environmental expenditures through 2015, our continued focus on cost control and permitting and developing the Mt Todd gold project, company costs continuing to trend downwards, our belief that substantially all future processes directed at preparing the Mt Todd gold project for development are now reasonably within our control, our ability to continue to identify and implement cost cutting measures at the Mt Todd gold project, completion of the EIS significantly reducing risks associated with the development of the Mt Todd gold project, 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Sept. 8, 2014 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced that the Environmental Impact Statement ("EIS") for the Mt Todd gold project (the "Project") located in the Northern Territory of Australia has been approved.  The EIS has been the subject of an exhaustive review process by the Northern Territory Environmental Protection Authority ("NT EPA"), which included public consultation. In its formal notification to the Company, the NT EPA has advised that it has assessed the environmental impacts of the Mt Todd gold mine and concluded that it can proceed, subject to a number of recommendations which are outlined in the Assessment Report.

Fred Earnest, Vista's President and CEO commented, "We are pleased with the accomplishment of this significant milestone.  This marks the conclusion of a rigorous environmental risk assessment and review process that started in 2011. Vista now has a key legal entitlement required to move forward with the Mt Todd gold project at the appropriate time."

Mr. Earnest added, "With the successful completion of the EIS process, the permitting risk is substantially reduced and the development timeline at Mt Todd is well defined. This sets Mt Todd apart from most other large undeveloped gold projects. Our next steps will focus on obtaining the necessary approvals under the Environmental Protection and Biodiversity Conservation Act 1999 ("EPBC Act")  from the federal government (as it relates to the Gouldian Finch) and then turn our efforts to obtaining the mine operating permit (known as the Mine Management Plan or "MMP") from the NT Department of Mines and Energy.  Because the EIS was based on a 50,000 tonne per day operation and thus the largest possible impact, we have the flexibility to scale the Project down initially, if the economics of a smaller project prove to be more compelling and undertake an expansion of the project at a later date, if justified. Our plan is to continue to evaluate opportunities to optimize and improve the Mt Todd gold project pending an improved gold price that will allow us to seek to develop the project and potentially achieve the economic returns that our shareholders expect."

The Company has started planning for the submission of the documents required for the authorization required under the EPBC Act and for the approval of the MMP.  The NT EPA Assessment Report includes 28 recommendations which are to be addressed as part of the MMP.  Included in these recommendations are four that relate directly to the Gouldian Finch.  Vista estimates that authorization under the EPBC Act will require 3-4 months from the submission of documents and that approval of the MMP will require approximately 6 months from the submission of the plan.  At this time, Vista intends to undertake studies in the 2^nd quarter of 2015 for the EPBC Act authorization.  Preparation of the MMP will continue internally and we plan to have it ready to submit when there are signs of a sustained recovery in the gold market.

Management Conference Call

A conference call with management to discuss the significance of the approval of the Mt Todd EIS and to provide an update on corporate and project activities is scheduled for Friday, September 12, 2014 at 9:30 a.m. MDT.

Toll-free in North America: 1-866-233-5249
International:  416-642-3300

This call will also be web-cast and can be accessed at the following web location: http://www.snwebcastcenter.com/webcast/vistagold/2014/0912/

This call will be archived and available at www.vistagold.com after September 12, 2014.  Audio replay will be available for 21 days by calling toll-free in North America: 1-866-245-6755, passcode 354468.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

About Vista Gold Corp.

Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  We also hold 11.2% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as the Mt Todd gold project proceeding with the recommendations in the Assessment Report, permitting risk being reduced, development timelines, timing and potential approval under the EPBC Act, timing and approval of the MMP, the Project having the flexibility to be scaled down economically and then have production expanded at a later date, the anticipated timeline to develop the Project, development of the Project leading to economic returns that shareholders expect 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: assumed timing for regulatory approvals and studies, approved business plans, anticipated and estimated costs and budget expenditures to continue to optimize and advance the Company's core assets, the perceived extent and duration of the current weakness of gold equity securities and other such matters.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," "would," "could," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, risks relating to, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain approval of the necessary permits for the Mt Todd gold project, risks and costs associated with completions of studies required for permitting,  risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Aug. 1, 2014 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its unaudited financial results and highlights for the second quarter ended June 30, 2014. The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Frederick H. Earnest, President and Chief Executive Officer, commented, "We remain focused on cash management and ensuring our long-term liquidity. We spent under $2.0 million during the quarter, as forecasted, and I believe that we are on track to continue this trend through the remainder of the year. I am also pleased with the progress we are making with respect to the environmental impact statement for our Mt Todd gold project, which we believe remains on track for approval in Q3 of 2014. We anticipate holding our customary quarterly conference call once we have received approval of the Mt Todd environmental impact statement."

Summary of Second Quarter 2014 Financial Results

We reported a net loss of $2.9 million or $0.04 per share for the three months ended June 30, 2014.  This includes an unrealized $0.6 million mark-to-market loss on our investment in Midas Gold Corp. ("Midas"). During the three months ended June 30, 2013, we reported net loss of $21.2 million, or $0.26 per share. The 2013 results included a $18.5 million unrealized loss on our investment in Midas.

Expenditures for exploration and property holding costs, principally at our Mt Todd gold project, totaled $1.0 million for the three months ended June 30, 2014, down approximately 83% from $5.9 million for the same period in 2013 when costs included cash intensive programs such as the prefeasibility study and preparation of the final environmental impact statement for the Mt Todd gold project. In addition, several cost cutting measures were introduced at Mt Todd during the latter half of 2013, and we continue to identify and implement cost cutting measures at the Mt Todd gold project. 

Corporate cost reduction measures have also successfully been implemented. Corporate general and administrative costs totaled $1.1 million for the three months ended June 30, 2014, down from $1.2 million for the same period in 2013.   

Our working capital at March 31, 2014 totaled approximately $14.2 million, including cash of approximately $5.7 million. The Company has no debt.

To review the Company's Quarterly Report on Form 10-Q for the three months ended June 30, 2014, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

All dollar amounts in this press release are U.S. dollars.

About Vista Gold Corp.

Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia.  We also hold 11.2% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, our expectation that the trend with respect to the Company's cash management will continue through the remainder of the year, our belief that the environmental impact statement for our Mt Todd gold project remains on track for approval in Q3 of 2014, our expectation with respect to the timing and occurrence of our customary quarterly conference call, our ability to continue to identify and implement cost cutting measures at the Mt Todd gold project, 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any. When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, July 28, 2014 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced that it has agreed to extend the due date for the second (and final) US$6.0 million payment for the Los Cardones gold project in Baja California Sur, Mexico by six months to January 30, 2015, and will receive a US$0.5 million cash payment.  

On October 18, 2013, we announced the closing of sale of the Los Cardones gold project in Baja California Sur, Mexico, to the Invecture Group ("Invecture") and RPG Structured Finance S.à r.l. (together with Invecture, the "Purchasers") for US$13.0 million. Terms of the sale included US$7.0 million paid at closing and an optional second payment of US$6.0 million due by January 30, 2014, (the "Subsequent Payment").  The Purchasers have the option to elect, in their discretion, not to make the Subsequent Payment, in which case Vista would retain all amounts already paid and the project.

In January 2014, Vista and the Purchasers agreed to extend the due date of the Subsequent Payment to July 31, 2014.  As consideration for this extension, the Purchasers agreed to pay Vista an additional US$0.25 million on July 31, 2014, (the "First Extension Consideration").  As Invecture diligently continues to work through the permitting process, Vista and the Purchasers have agreed to an additional six month extension of the due date of the Subsequent Payment to January 30, 2015, (the "Second Extension"). The Purchasers will pay Vista US$0.25 million as consideration for the Second Extension (the "Second Extension Consideration").  The Company expects to receive US$0.5 million (comprising the First Extension Consideration and the Second Extension Consideration) by July 31, 2014.

Vista's President and CEO, Fred Earnest, stated, "We are satisfied that Invecture continues to employ its resources in advancing the Los Cardones gold project and is working diligently to obtain the permits for the project.  The US$0.5 million payment we will receive from the Purchasers demonstrates their continued commitment to the project."

About Vista Gold Corp.

Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia. We also own 11.2% of the outstanding shares of Midas Gold Corp., non-core projects in Mexico and California, and royalty interests in gold projects in Bolivia and Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, receipt of the US$0.5 million payment and the US$6.0 million payment in connection with the sale of the Los Cardones gold project 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:  the Purchasers complying with the terms of their agreements with us, mineral reserve estimates, terms and conditions of our agreements with contractors and our approved business plans, management's assessment of potential transactions and strategic options, and the Company's ability to cut costs and improve liquidity.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "plans," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, reliance on Invecture to complete its obligations  under its agreements with Vista, risks and uncertainty regarding the permitting process and timing at the Los Cardones project, uncertainty of resource and reserve estimates, estimates of results based on such resource and reserve estimates; risks relating to cost increases for capital and operating costs;  risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; risks related to future liquidity and Vista's ability to obtain adequate financings on acceptable terms, as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, July 11, 2014 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) is pleased to announce that it filed a final short form base shelf prospectus with the securities commissions in each province and territory of Canada (other than Quebec) (the "Canadian Prospectus") and an amendment to its shelf registration statement on Form S-3 filed with the United States Securities and Exchange Commission (collectively, the "Offering Documents").  The Canadian Prospectus was filed to replace Vista's prior Canadian short form base shelf prospectus that expired last quarter.  Vista's current shelf registration statement on Form S-3 expires next year and will not be affected by the filing of this separate shelf registration statement on Form S-3.  The Company has no current intention to immediately sell securities under the Offering Documents.  This preserves Vista's ability to complete future financings for corporate growth and development in an efficient and flexible manner, if appropriate at the time.

The Offering Documents, if and when brought effective, allow Vista to make offerings of common shares, warrants, subscription receipts or units for aggregate proceeds of up to US$50 million during the next three years to potential purchasers in the United States and during the next 25 months to potential purchasers in each province and territory of Canada (other than Quebec).

As previously announced, Vista currently anticipates using any proceeds from the sale of securities under the Offering Documents, if any, to fund the development of existing or acquired mineral properties, property acquisitions, working capital requirements, to repay indebtedness outstanding from time to time, if any, or for other general corporate purposes.

Frederick H. Earnest, President and Chief Executive Officer commented, "We have brought our costs down dramatically over the past year, and are prepared to keep our costs at these current levels as we wait for the markets to improve.  Until then, we will continue to give priority to financing through non-dilutive means, such as the sale of non-core assets. Prudent business practice dictates that we maintain the flexibility that these shelf filings afford us, although our history shows that we use them sparingly."  

The terms of any securities offered under the Offering Documents and the intended use of the net proceeds resulting from such offering will be established at the time of any offering and will be described in a prospectus supplement filed with the United States Securities and Exchange Commission and the applicable Canadian securities regulatory authorities at the time of the offering.  After the registration statement becomes effective, a copy of the Offering Documents and, at the time of an offering, if any, a prospectus supplement relating to the offering under the Offering Documents, when available, can be obtained by contacting Vista, attention: Connie Martinez at (720) 981-1185, Suite 5, 7961 Shaffer Parkway, Littleton, Colorado 80127.

About Vista Gold

Vista's principal assets include its flagship Mt Todd gold project in Northern Territory, Australia, and an 11.2% holding in Midas. We also have non-core projects in Mexico and California and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, the future effectiveness of the prospectus and the registration statement, the completion of future financings, the use of proceeds from such financings and the growth and development of Vista, keeping Vista's costs at current levels until markets improve, the priority on financing through non-dilutive means (including through the sale of non-core assets) 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, June 5, 2014 /PRNewswire/ -- Vista Gold Corp. ("Vista" the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced that it filed a preliminary short form base shelf prospectus with the securities commissions in each province and territory of Canada (other than Quebec) ("Canadian Prospectus") and a corresponding shelf registration statement on Form S-3 with the United States Securities and Exchange Commission (collectively, the "Offering Documents").  The Canadian Prospectus was filed to replace Vista's prior Canadian short form base shelf prospectus that recently expired. Vista's current shelf registration statement on Form S-3 expires next year and will not be affected by the filing of this separate shelf registration statement on Form S-3.  This preserves Vista's ability to complete future financings for corporate growth and development in an efficient and flexible manner, if appropriate at the time.

The Offering Documents, if and when brought effective, will allow Vista to make offerings of common shares, warrants, subscription receipts or units for aggregate proceeds of up to US$50 million during the next three years to potential purchasers in the United States and during the next 25 months to potential purchasers in each province and territory of Canada (other than Quebec). 

Vista currently anticipates using proceeds from the sale of securities under the Offering Documents, if any, to fund existing or acquired mineral properties, property acquisitions, working capital requirements, to repay indebtedness outstanding from time to time, if any, or for other general corporate purposes. 

A registration statement relating to these securities has been filed with the United States Securities and Exchange Commission but has not yet become effective.  These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.  This news release shall not constitute an offer to sell nor the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

The terms of any securities offered under the registration statement and the intended use of the net proceeds resulting from such offering will be established at the time of any offering and will be described in a prospectus supplement filed with the United States Securities and Exchange Commission at the time of the offering. After the registration statement becomes effective, a copy of the shelf registration statement on Form S-3 and copies of the base shelf prospectus contained therein and, at the time of any offering, if any, a prospectus supplement relating to the offering under the registration statement, when available, can be obtained by contacting Vista, attention: Connie Martinez at (720) 981-1185, Suite 5, 7961 Shaffer Parkway, Littleton, Colorado 80127.

The Company also filed updated audited consolidated financial statements and the notes thereto as at December 31, 2013 and 2012 and for the years ended December 31, 2013, 2012 and 2011 (the "Financial Statements"), together with an updated report thereon by the Company's independent registered public accounting firm, PricewaterhouseCoopers LLP, Denver CO ("PWC"). The Financial Statements have been updated solely to provide a current liquidity discussion and the report of PWC on the Financial Statements has been updated solely to reference the update to Note 2 "Liquidity" in the Financial Statements.

About Vista Gold

Vista's principal assets include its flagship Mt Todd gold project in Northern Territory, Australia, and an 11.2% holding in Midas Gold Corp. We also have non-core projects in Mexico and California and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, the future effectiveness of the prospectus and the registration statement, the completion of future financings, the use of proceeds from such financings and the growth and development of Vista 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, May 2, 2014 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company" or the "Corporation") is pleased to announce the results of its 2014 annual general meeting of shareholders (the "Meeting") held in Vancouver, British Columbia on April 29, 2014. At the Meeting, all nominees listed in the management information and proxy circular for the Meeting were elected as directors of the Company. Detailed results of the vote by ballot are as follows:

In addition, at the Meeting, shareholders reappointed PricewaterhouseCoopers LLP as auditors of the Company and passed a resolution, on an advisory basis, approving the compensation of the Corporation's named executive officers.

The formal Report of Voting Results with respect to all matters voted upon at the Meeting has been filed on SEDAR at www.sedar.com.

About Vista Gold Corp.

Vista's principal assets include its flagship Mt Todd gold project in Northern Territory, Australia, and an 11.2% holding in Midas. We also have non-core projects in Mexico and California and royalty interests in projects in Bolivia and Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, the filing of the formal Report of Voting Results on SEDAR, Vista's goal of becoming a gold producer, the potential exercise of existing earn-in rights and other such matters are forward-looking statements and forward-looking information. The material factors and assumptions used to develop the forward-looking information and the forward-looking information contained in this press release include the following: results of feasibility studies, mineral resource and reserve estimates, exploration and assay results, terms and conditions of our agreements with contractors and our approved business plan. When used in this press release, the words "optimistic," "potential," "indicate, " "expect," intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs; risks related to the timing and the ability to obtain the necessary permits, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, May 2, 2014 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its unaudited financial results and highlights for the first quarter ended March 31, 2014.  A conference call with Management to discuss these results is scheduled for 2:30 p.m. MDT on May 6, 2014. The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Recent Highlights:

• Improved the balance sheet through the sale of approximately 50% of our shares in Midas Gold Corp. ("Midas"), raising approximately $10.6 million net proceeds from which we repaid our debt;
• Completed an Option Agreement to option our interest in the Guadalupe de los Reyes gold/silver project for a series of future cash payments; and
• Significantly reduced our Corporate G&A costs and Mt Todd gold project holding costs.

Frederick H. Earnest, President and Chief Executive Officer, commented, "I am pleased with the recent improvements to our balance sheet. In addition to successfully reducing our Corporate G&A and Mt Todd gold project holding costs, we have repaid our debt in full and we believe we have sufficient cash to operate well into the first quarter of 2015.  We have had productive discussions with the NT Department of Mines and Energy to establish a framework that we believe will facilitate its participation in water remediation and related environmental monitoring costs at the Mt Todd gold project. We continue to target approval of the final environmental impact statement in the third quarter of this year, which we believe will further position the project for rapid development in an improving gold market."        

Summary of First Quarter 2014 Financial Results

We reported a net loss of $1.1 million or $0.01 per share for the three months ended March 31, 2014.  This includes an unrealized $2.1 million mark-to-market gain on our investment in Midas. During the three months ended March 31, 2013, we reported net loss of $27.4 million, or $0.34 per share. The 2013 results included a $28.8 million unrealized loss on our investment in Midas.

Expenditures for exploration and property holding costs, principally at our Mt Todd gold project, totaled $1.4 million for the three months ended March 31, 2014, down approximately 80% from $7.1 million for the same period in 2013, when costs included cash intensive programs such as water treatment and the prefeasibility study for the Mt Todd gold project.  We continue to identify and implement cost cutting measures at the Mt Todd gold project in addition to those introduced in 2013.

Corporate cost reduction measures have also successfully been implemented. Corporate G&A costs totaled $1.3 million for the three months ended March 31, 2014, down approximately 33% from $1.9 million for the same period in 2013.   

Our working capital at March 31, 2014 totaled approximately $16.2 million, including cash of approximately $7.5 million. The Company has no debt.

To review the Company's Quarterly Report on Form 10-Q for the three months ended March 31, 2014, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the fiscal three months ended March 31, 2014 and to discuss corporate and project activities is scheduled for Tuesday, May 6, 2014 at 2:30 p.m. MDT.

Toll-free in North America: 1-866-443-4188
International:  416-849-6196

This call will also be web-cast and can be accessed at the following web location:
http://www.snwebcastcenter.com/webcast/vistagold/q1-2014/site/

This call will be archived and available at www.vistagold.com after May 6, 2014.  Audio replay will be available for 21 days by calling toll-free in North America:  1-866-245-6755, passcode 988947.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

Vista's principal assets include its flagship Mt Todd gold project in Northern Territory, Australia, and an 11.2% holding in Midas. We also have non-core projects in Mexico and California and royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, the NT Department of Mines and Energy's participation in water remediation and related costs at the Mt Todd gold project, our ability to continue to identify and implement cost cutting measures at the Mt Todd gold project, the timing for the anticipated environmental impact statement approval, the position of the Mt. Todd gold project for rapid development in an improving gold market, sufficiency of current cash for Vista operations into the first quarter of 2015, 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, April 15, 2014 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced that its subsidiary, Minera Gold Stake, S.A. de C.V. ("MGS"), has entered into an agreement (the "Option Agreement") to option its interest in the Guadalupe de los Reyes gold and silver project in Sinaloa, Mexico (the "GdlR Project") to Cangold Limited ("Cangold").

Pursuant to the terms of the Option Agreement, Vista has granted Cangold the right to earn a 70% interest in the GdlR Project by:

• making payments totaling US$5,000,000 in five payments over a three-year period, with payments totaling US$1,000,000 in the first year (US$150,000 of which was paid at signing), US$1,500,000 in the second year and US$2,500,000 in the third year;
• operating the GdlR project, maintaining the concessions comprising the GdlR Project in good standing; and
• fulfilling all of the obligations of MGS, Vista's wholly-owned subsidiary, to the Ejido La Tasajera (the "Ejido") as set out in the temporary occupation contract between MGS and the Ejido.

The Option Agreement provides that all cash payments are non-refundable and optional to Cangold, and in the event Cangold fails to pay any of the required amounts on the scheduled dates or fails to comply with its other obligations, the Option Agreement will terminate and Cangold will have no interest in the GdlR Project. Provided it is not in breach of the Option Agreement, Cangold may at its discretion advance the above payment schedule and exercise the initial option for a 70% interest in the GdlR Project any time during the three-year period.

Subject to Cangold earning a 70% interest in the GdlR Project, Vista has granted Cangold an additional option to earn the remaining 30% interest in the GdlR Project by notifying Vista of a production decision and by making a cash payment to Vista of US$3,000,000 plus an additional cash payment based on a formula that includes the growth, if any, in estimated NI 43-101 Measured and Indicated mineral resources of the GdlR Project, and the then prevailing spot gold price ("Escalator Payment").

Should Cangold determine not to put the GdlR Project into production, the Option Agreement provides Vista with the right to buy back Cangold's 70% interest in the GdlR Project for a cash payment of US$5,000,000 plus the Escalator Payment described above.  If Vista does not exercise its buyback option, Vista will still retain a right of first refusal should Cangold elect to sell its 70% interest in the GdlR Project to a third party.

Cangold is a junior exploration company engaged in the exploration and development of gold projects in Mexico and Canada. Cangold trades on the TSX Venture Exchange under the symbol CLD.

About Vista Gold Corp.

Vista's principal assets include its flagship Mt Todd gold project in Northern Territory, Australia, and an 11.2% holding in Midas Gold Corp. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as Cangold complying with its obligations under the Option Agreement (including making contemplated payments, maintaining the concessions and complying with MGS' obligations to the Ejido), Cangold's potential decision to put the GdlR project into production, Vista's ongoing interest in the GdlR Project 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: ability of Cangold to make payments contemplated in the Option Agreement, approved business plans, anticipated and estimated costs and budget expenditures to continue to optimize and advance the Company's core assets, the perceived extent and duration of the current weakness of gold equity securities and other such matters.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," "would," "could," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, risks relating to Cangold's ability to obtain financing (if at all), risks related to Cangold's determination to put the GdlR Project into production, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain approval of the environmental impact statement and the necessary permits for the Mt Todd gold project, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 17, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, April 2, 2014 /PRNewswire/ -- Vista Gold Corp. ("Vista") (NYSE MKT and TSX: VGZ) today announced it has repaid its 2013 loan facility ("2013 Facility") in full.  The 2013 Facility balance, which had been reduced to approximately $1.3 million in February 2014, was due March 31, 2015.

Frederick H. Earnest, President and Chief Executive Officer, commented, "I am pleased to report that Vista is debt free.  The recent improvements to our balance sheet, together with the benefits of our cost reduction efforts have created the opportunity for us to repay our debt ahead of schedule, which allows us to avoid approximately $100k of cash interest charges."

About Vista Gold Corp.

Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and an 11.2% holding in Midas Gold Corp. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

DENVER, March 17, 2014 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its audited financial results and highlights for the fiscal year ended December 31, 2013. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on March 19, 2014. The Company's full audited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Recent Highlights:

• Completed the sale of approximately 50% of our shares in Midas Gold Corp. ("Midas"), raising approximately $10.8 million net proceeds from which we have paid down our debt to a balance of approximately $1.3 million;
• Implemented aggressive cost cutting measures at our Mt. Todd gold project and in the corporate office;
• Advanced the Mt. Todd gold project Environmental Impact Statement ("EIS") toward final approval and continued to review project development alternatives;
• Signed a non-binding Letter of Intent with Cangold Limited to option our interest in the Guadalupe de los Reyes gold/silver project;
• Sold the Los Cardones gold project, $7.0 million in cash received and an optional payment of $6.25 million due in July 2014 (project is returned to Vista if the optional payment is not made); and
• Converted our position in the Awak Mas gold project to a NSR royalty.

Frederick H. Earnest, President and Chief Executive Officer, commented, "I am pleased with the way we responded to the challenges we faced in 2013. We have financed the Company without dilution, and have successfully downsized and simplified our business which has dramatically reduced our cash burn rate.  At this time, we believe we have sufficient cash to operate through 2014, and to repay our debt in full.  We continue to seek non-dilutive sources of financing, such as the sale of non-core assets, to finance the Company well into 2015. Our financing plans do not include any additional sales of the 15.8 million shares in Midas that we continue to hold.  We remain focused on our flagship Mt. Todd gold project where we are targeting approval of the final EIS in the third quarter of this year. This will position the project for rapid development in an improving gold market."         

Summary of 2013 Financial Results

We reported a net loss of $59.5 million or $0.73 per share for the year ended December 31, 2013.  This includes an unrealized $48.5 million mark-to-market loss on our investment in Midas, partly offset by a $15.4 million deferred tax benefit substantially related to this loss, and a $3.5 million impairment of the Colomac mill equipment which is held for sale. During the year ended December 31, 2012, we reported net loss of $70.7 million, or $0.95 per share. The 2012 results included a $50.4 million unrealized loss on our investment in Midas.

Expenditures for exploration and property holding costs, principally at our Mt. Todd gold project, were down approximately 43% from 2012. In early 2013, we completed several cash intensive programs such as water treatment and the prefeasibility study for the Mt. Todd gold project.  In addition, several significant cost cutting measures, including staff reductions and voluntary compensation reductions were introduced at the Mt. Todd gold project.

Corporate cost reduction measures have also successfully been implemented.  Corporate G&A costs are down approximately 32% from 2012 levels, principally because of staff reductions, and voluntary compensation reductions in 2013. 

Our working capital at December 31, 2013 totaled approximately $8.6 million, including cash of approximately $5.5 million. After giving effect to the February 2014 sale of 16 million shares of Midas, and the related repayment of approximately $5.0 million of our loan, our pro forma working capital increases to approximately $14.5 million, including approximately $11.2 million of cash. 

To review the Company's Annual Report on Form 10-K for the year ended December 31, 2013, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the fiscal year ended December 31, 2013 and to discuss corporate and project activities is scheduled for Wednesday, March 19, 2014 at 2:30p.m. MDT.

Toll-free in North America: 1-866-443-4188
International:  416-849-6196

This call will also be web-cast and can be accessed at the following web location: http://www.snwebcastcenter.com/webcast/vistagold/yearend/site/

This call will be archived and available at www.vistagold.com after March 19, 2014.  Audio replay will be available for 21 days by calling toll-free in North America:  1-866-245-6755, passcode 592832.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars.

About Vista Gold Corp.

Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and an 11.2% holding in Midas. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185.

Forward Looking Statements
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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as, the timing for anticipated EIS approval, the position of the Mt. Todd gold project for rapid development in an improving gold market, receipt of the optional payment for the sale of the Los Cardones gold project, sufficiency of current cash for Vista operations through 2014 and to repay our debt in full, 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, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Annual Report on Form 10-K as filed on March 14, 2014 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

SOURCE Vista Gold Corp.

DENVER, Feb. 26, 2014 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE MKT and TSX: VGZ) announced today that its agreement with the Northern Territory of Australia (the "Agreement") for the Mt. Todd gold project has been extended for an additional three-year period to December 2018.  Additionally, the Company provided an update on the EIS permitting process and announced an updated resource estimate for the Quigleys deposit, a satellite deposit to the Mt. Todd gold project.

Extension of Mt. Todd Agreement by the Northern Territory of Australia

On February 19, 2014 the Northern Territory of Australia extended its agreement with Vista for the Mt. Todd gold project.  The Agreement will now extend through the end of December, 2018.  Vista's President and CEO, Fred Earnest, commented, "The advanced stage of our technical studies together with this three-year extension give us sufficient time to make a development decision at  the Mt. Todd gold project, provided gold prices improve.   The extension of the Agreement is indicative of Vista's and the Northern Territory Government's desire to see the Mt. Todd gold project successfully developed."

Mt. Todd Environmental Impact Study (EIS) Update

The Mt. Todd EIS is expected to be approved in the 3rd quarter of 2014. 

As previously announced, the EIS was formally presented to the Environmental Protection Authority of the Northern Territory ("EPA") in June 2013.  Review by the EPA and the prescribed public consultation process resulted in a series of comments to which the Company provided comprehensive responses in late October 2013.  In late November 2013, Vista received a request for additional information on several topics.  Draft responses were prepared and submitted in January 2014.  Through regular communication with the EPA, the Company has been advised that it has adequately responded to all but two topics: (1) the long-term stability of the waste rock dump and its ability to shed water in its reclaimed state; and (2) the potential effect that the expanded Batman pit may have on the Gouldian Finch habitat and nesting areas.  Fred Earnest, commented, "We expect to be able to respond to the questions raised about the waste rock dump by the end of this month, and we have reached consensus with the EPA regarding a field study to be completed in April and May with respect to the Gouldian Finch questions.  We expect the results of this study to be submitted to the EPA in June of this year. We are optimistic that this will clear the path for final approval of the EIS for the Mt. Todd gold project in the third quarter of 2014."

Quigleys Deposit Updated Resource Estimate

In addition to the extensively studied Batman deposit, Vista's mining licenses at the Mt. Todd project are host to the Quigleys deposit, a satellite deposit that has the potential to be an additional source of ore for the Mt. Todd gold project.  To date, Vista has not undertaken the metallurgical testing and mine planning to be able to include the Quigleys deposit in its economic evaluations of the Mt. Todd gold project, but recent geologic work has provided new information.

During the 4^th quarter of 2013, Vista undertook a re-evaluation of the Quigleys deposit's geology, mineralizing controls, and estimated resources utilizing the knowledge gained over the past seven years from our analysis of the Batman deposit.  This work was completed by Tetra Tech of Golden, Colorado, under the supervision of Dr. Rex Bryan, Qualified Person.  This resource update was based on a comprehensive re-logging of available reverse circulation (RC) chips and drill core (core) which was led by Mr. Peter Harris, Manager of Geology at Mt. Todd, of Vista Gold Australia.  The initial assay domain assignments were provided to Tetra Tech from the Vista Gold Australia geologic staff.  Upon entry into the modeling software and review, several changes to the initial shapes were suggested, and after consultation with the Vista Gold Australia geologic staff, were made; however, the final overall shapes are very similar to those originally proposed by the Vista Gold Australia geologic staff.

This update differs from the previous estimation for the Quigleys deposit in the following ways, all which contribute to an increase in estimated resource grade:

• Three additional diamond core holes that extended the resource down-dip and have intercepts considerably higher than the expected cutoff grade,
• Mineral domains have been modeled as thinner and more discrete,
• Domains have been modeled as sharp boundaries. Waste on the edges of the domains has been removed, through hole by hole review and 'snapping' to drill hole assay intercepts,
• The previous resource was modeled as one domain through the main body of the anticline where this update has modeled the anticline as two separate geologic domains and removed the internal waste,
• The previous model used all composites in a single domain model to vote for blocks within the single domain given they were within the search ellipsoid, where this model has several domains that are only permitted to use composites to inform grade within their corresponding domain,
• This update utilizes a smaller block size and sub-blocks to best mimic the complex shape of the domain model.

Based on the above described changes and refinements, the estimated mineral resources of the Quigleys deposit is as shown in Table 1.

* See Cautionary Note to U.S. Investors Regarding Estimates of Mineral Resources below.

Vista does not deem the estimated quantity of resources to be materially different than previously reported quantities.  What has changed is our understanding of the geology and mineralizing hosts which has resulted in a "more realistic" understanding of the deposit and will therefore be used as a guide for future exploration programs. Fred Earnest added, "The Quigleys deposit represents an opportunity to optimize the economics of the Mt. Todd gold project by providing a source of higher grade ore in the early years of the life of the project.  While we have yet to complete the appropriate metallurgical testing to confirm compatibility with the flowsheet selected for the Batman deposit, we are encouraged by the work recently completed to better define the geologic resource."

The scientific and technical information disclosed in this press release has been reviewed and approved by Mr. John Rozelle, a Senior Vice President of Vista and a qualified person (as defined by Canadian National Instrument 43-101).

For additional information on the Mt. Todd gold project, see our technical report entitled "NI 43-101 Technical Report – Mt. Todd Gold Project, 50,000 tpd Preliminary Feasibility Study, Northern Territory, Australia" dated with an effective date of May 29, 2013 and an issue date of June 28, 2013.

About Vista Gold Corp.

Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 12.4% holding in Midas Gold Corp. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, we have sufficient time to make a development decision at the Mt. Todd gold project, the timing for anticipated EIS approval, our ability and the anticipated timing to respond to questions raised by the EPA, anticipated timing to complete the Gouldian Finch study, estimated mineral resources, our understanding of the Quigleys deposit, use of updated information, the Quigleys deposit is a source of higher grade ore that will be used in the early years of the project 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:  mineral reserve estimates, terms and conditions of our agreements with contractors and our approved business plans, management's assessment of potential transactions and strategic options, and the Company's assessment of the questions raised by the NT EPA and an improvement in the gold price.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "plans," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, ability to work with the NT EPA to settle any questions raised, risks that additional studies may need to be conducted or that studies will not be completed within expected timelines, uncertainty of resource and reserve estimates, estimates of results based on such resource and reserve estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain the necessary permits, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

Cautionary Note to U.S. Investors Concerning Estimates of Mineral Resources

The United States Securities and Exchange Commission ("SEC") limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. This press release uses the terms "Measured resources," "Indicated resources," and "Measured & Indicated resources."  We advise U.S. investors that while these terms are Canadian mining terms as defined in accordance with NI 43-101, such terms are not recognized under SEC Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC. Under SEC Industry Guide 7 standards, a "final" or "bankable" feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves and all necessary permits and government approvals must be filed with the appropriate governmental authority.  Mineral resources described in this press release have a great amount of uncertainty as to their economic and legal feasibility. The SEC normally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant "reserves" as in-place tonnage and grade, without reference to unit measures.  The term "contained gold ounces" used in this press release is not permitted under the rules of the SEC.  "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred resource will ever be upgraded to a higher category.  U.S. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into SEC Industry Guide 7 reserves.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Feb. 14, 2014 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced that it has completed the previously announced sale of 16,000,000 common shares (the "Offered Midas Shares") of Midas Gold Corp. ("Midas") for gross proceeds of Cdn$12.8 million. 

In addition, as required under the terms of its loan facility granted by Sprott Resource Lending Partnership, the Company used proceeds to pay down its loan by approximately Cdn$5.5 million, resulting in an outstanding balance of approximately US$1.7 million. The remainder of the proceeds will be used for general corporate purposes.

Vista currently holds, directly and indirectly through Vista US, an aggregate of 15,802,615 common shares of Midas, representing approximately 12.4% of the outstanding common shares of Midas. Vista has agreed not to sell any of these shares of Midas for a period of 12 months.

About Vista Gold Corp.

Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 12.4% holding in Midas. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as the use of the proceeds from the sale of the Offered Midas Shares 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: approved business plans, anticipated and estimated costs and budget expenditures to continue to optimize and advance the Company's core assets, the perceived extent and duration of the current weakness of gold equity securities and other such matters.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," "would," "could," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of the completion and size of the Offering, risks associated with market conditions, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain approval of the environmental impact statement and the necessary permits for the Mt. Todd gold project, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

DENVER, Feb. 7, 2014 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced that, further to its February 5, 2014 press release, it has filed with Canadian securities regulatory authorities a notice of intention to distribute 16,000,000 common shares (the "Offered Midas Shares") of Midas Gold Corp. ("Midas") under section 2.8 of National Instrument 45-102 Resale of Securities.  The sales of the Offered Midas Shares will not be completed until the satisfaction of a number of customary closing conditions.  Closing of the Offered Midas Shares is expected to occur on or about February 14, 2014, being the first day the Offered Midas Shares may be sold.

The Company is pleased to announce that it has been advised by certain agents engaged for the purposes of arranging the sale of the Offered Midas Shares (the "Agents") that the Offered Midas Shares have been fully allocated.

Assuming the closing of the sales of the Offered Midas Shares, Vista has agreed they will not sell any of their remaining shares of Midas for a period of 12 months following closing.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or the securities laws of any state of the United States and may not be offered or sold absent such registration or pursuant to an exemption from such registration requirements.  This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein in the United States.

About Vista Gold Corp.
Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 24.9% holding in Midas. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Securities Act and U.S. Securities Exchange Act of 1934, as amended, and forward-looking information within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as the completion of the sale of all or a portion of the Offered Midas Shares, the length of the lock-up period for Midas shares held by the Company 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 accuracy of statements made by the Agents and the completion of the sales of the Offered Midas Shares and other such matters.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," "would," "could," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of the completion of all or a portion of the sales of the Offered Midas Shares, risks that conditions to closing may not be satisfied, and market conditions, as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185.

SOURCE Vista Gold Corp.

DENVER, Feb. 5, 2014 - Vista Gold Corp. (TSX & NYSE MKT: VGZ) (“Vista” or the “Company”) today announced that it intends to file with Canadian securities regulatory authorities a notice of intention to sell up to 16,000,000 common shares (the “Offered Midas Shares”) of Midas Gold Corp. (“Midas”) under section 2.8 of National Instrument 45-102 Resale of Securities.  Vista may commence selling the Offered Midas Shares on or about February 14, 2014.

The Company has executed an agency agreement (the “Agency Agreement”) dated February 5, 2014 among certain agents (the “Agents”) and Vista and its wholly owned subsidiary, Vista Gold U.S. Inc. (“Vista US”), under which the Agents have arranged to sell the Offered Midas Shares at price of Cdn$0.80 per Offered Midas Share for aggregate gross proceeds of up to Cdn$12,800,000 (the “Offering”).  In addition, the Offered Midas Shares may be sold pursuant to a finder’s agreement between Vista US and a finder (the “Finder”) on the same offering terms.  In consideration for the services to be provided by the Agents, and if applicable, the Finder, in connection with sale of the Offered Midas Shares, the Agents or the Finder (as applicable) will receive a cash fee in amount equal to 6% of the gross proceeds from the sale of the Offered Midas Shares.

Vista and Vista US have agreed that following the closing of the Offering, they will not sell any of their remaining shares of Midas for a period of 8 to 12 months following closing, depending on the size of the Offering.  In connection with the Offering Endeavour Financial Limited (Cayman) has provided the board of directors with a favourable fairness opinion on the Offering.

Vista currently holds, directly and indirectly through Vista US, an aggregate of 31,802,615 common shares of Midas, representing 24.9% of the outstanding common share of Midas.  If all of the Offered Midas Shares are sold, Vista’s holding would be reduced to 15,802,615 common shares of Midas, representing 12.4% of the outstanding common shares of Midas.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold absent such registration or pursuant to an exemption from such registration requirements.  This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein in the United States.

About Vista Gold Corp.

Vista’s principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 24.9% holding in Midas. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia.

 Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as the completion of the sale of all or a portion of the Offered Midas Shares, the gross proceeds that Vista may raise through the sale of the Offered Midas Shares, the number of common shares of Midas that Vista would hold upon the completion of the sale of all of the Offered Midas Shares and the interest in Midas that holding represents 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: approved business plans, anticipated and estimated costs and budget expenditures to continue to optimize and advance the Company’s core assets, the perceived extent and duration of the current weakness of gold equity securities and other such matters.  When used in this press release, the words “optimistic,” “potential,” “indicate,” “expect,” “intend,” “hopes,” “believe,” “may,” “will,” “if,” “anticipate,” “would,” “could,” and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of the completion and size of the Offering, risks associated with market conditions, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain approval of the environmental impact statement and the necessary permits for the Mt. Todd gold project, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista’s operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings “Note Regarding Forward-Looking Statements” and “Risk Factors” in Vista’s Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185.

DENVER, Jan. 30, 2014 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE MKT and TSX: VGZ) today announced that it has agreed to extend the due date for the second (and final) US$6.0 million payment for the Los Cardones gold project in Baja California Sur, Mexico by six months to July 31, 2014.  

On October 18, 2013, we announced the closing of sale of the Los Cardones gold project in Baja California Sur, Mexico, to the Invecture Group ("Invecture") and RPG Structured Finance S.a.r.l. (together with Invecture (the "Purchasers")) for US$13.0 million. Terms of the sale include US$7.0 million paid at closing and an optional second payment of US$6.0 million due by January 30, 2014.  The Purchasers have the option to elect, in their discretion, not to make the second payment of US$6.0 million, in which case Vista would retain the US$7.0 million already paid and the project. As a result of permitting delays, Vista and the Purchasers have today agreed to extend the due date of the US$6.0 million payment to July 31, 2014.  As consideration for this extension, the Purchasers have agreed to increase the second payment from US$6.0 million to US$6.25 million. The Purchasers will continue to retain the option to elect, in their discretion, not to make this second payment of US$6.25 million, in which case Vista will retain the US$7.0 million already paid and the project.

Vista's President and CEO, Fred Earnest, stated, "We are satisfied that Invecture remains committed to advancing the Los Cardones gold project and continues to expend the human and financial resources needed to obtain the permits for the project. We believe that our current cash position will be sufficient to fund the Company into the third quarter of 2014."

About Vista Gold Corp.

Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 24.9% holding in Midas Gold Corp. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, completion of the sale of the Los Cardones gold project and receipt of the Purchasers' second payment, sufficiency of current cash for Vista operations into the third quarter of 2014, 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:  mineral reserve estimates, terms and conditions of our agreements with contractors and our approved business plans, management's assessment of potential transactions and strategic options, and the Company's ability to cut costs and improve liquidity.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "plans," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, reliance on Invecture to complete its obligations  under its agreements with Vista, risks and uncertainty regarding the permitting process and timing at the Los Cardones project, uncertainty of resource and reserve estimates, estimates of results based on such resource and reserve estimates; risks relating to cost increases for capital and operating costs;  risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; risks related to future liquidity and Vista's ability to obtain adequate financings on acceptable terms, as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Jan. 16, 2014 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced that it has signed a non-binding letter of intent (the "LOI") to option its interest in the Guadalupe de los Reyes gold and silver project in Sinaloa, Mexico (the "GdlR Project")  to Cangold Limited ("Cangold").

The LOI provides that a non-refundable US$50,000 payment be made to Vista for which Cangold will have a 90 day period of exclusivity (the "Exclusivity Period") to complete due diligence and negotiate and enter into a definitive option agreement with Vista (the "Option Agreement").

The LOI contemplates that the Option Agreement (if entered into) will provide that Cangold may earn a 70% interest in the GdlR Project by:

• making payments totaling US$5,000,000 in five payments over a three-year period, with payments totaling US$1,000,000 in the first year, US$1,500,000 in the second year and US$2,500,000 in the third year;
• operating the GdlR project, maintaining the concessions comprising the GdlR Project in good standing; and
• fulfilling all of the obligations of Vista's wholly-owned subsidiary, Minera Gold Stake, S.A. de C.V. ("MGS") to the Ejido La Tasajera (the "Ejido") as set out in the temporary occupation contract between MGS and the Ejido.

The Option Agreement is expected to further provide that all cash payments are non-refundable and optional to Cangold, and in the event Cangold fails to pay any of the required amounts on the scheduled dates or fails to comply with its other obligations, the Option Agreement will terminate and Cangold will have no interest in the GdlR Project. Provided it is not in breach of the Option Agreement, Cangold may at its discretion advance the above payment schedule and exercise the initial option for a 70% interest in the GdlR Project any time during the three-year period.

Subject to Cangold earning a 70% interest in the GdlR Project, pursuant to the Option Agreement Cangold will be granted an additional option to earn the remaining 30% interest in the GdlR Project, by notifying Vista of a production decision and by making a cash payment to Vista of US$3,000,000 plus an additional cash payment based on a formula that includes the growth, if any, in estimated NI 43-101 compliant Measured and Indicated mineral resources of the GdlR Project, and the then prevailing spot gold price ("Escalator Payment").

Should Cangold determine not to put the GdlR Project into production, the Option Agreement will provide Vista the right to buy back Cangold's 70% interest in the GdlR Project for a cash payment of US$5,000,000 plus an additional cash payment based on the same formula for the Escalator Payment described above.  If Vista does not exercise its buyback option, Vista will still retain a right of first refusal should Cangold elect to sell its 70% interest in the GdlR Project to a third party.

The Option Agreement will also contain terms to provide that Cangold will be the operator of the GdlR Project and set forth the responsibilities and obligations of Cangold in this respect.

Cangold is a junior exploration company engaged in the exploration and development of gold projects in Mexico and Canada. Cangold trades on the TSX Venture Exchange under the symbol CLD.

The LOI and the Option Agreement are subject to the approval of the TSX Venture Exchange and to the Board of Directors of Cangold and Vista.

About Vista Gold Corp.
Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 24.9% holding in Midas Gold Corp. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements
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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as the successful completion of Cangold's due diligence review of the GdlR Project, the negotiation and execution of the Option Agreement within the Exclusivity Period, the terms and conditions of the Option Agreement, Cangold complying with its obligations under the LOI and the Option Agreement (including making contemplated payments and maintaining the concessions), Cangold's potential decision to put the GdlR project into production, approval of the Option Agreement by the TSX Venture Exchange and the respective board of directors of the parties 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: ability of Cangold to make payments contemplated in the LOI and the Option Agreement, approved business plans, anticipated and estimated costs and budget expenditures to continue to optimize and advance the Company's core assets, the perceived extent and duration of the current weakness of gold equity securities and other such matters.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," "would," "could," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, risks relating to Cangold's ability to obtain financing (if at all), risks related to Cangold's determination to put the GdlR Project into production, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain approval of the environmental impact statement and the necessary permits for the Mt. Todd gold project, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Dec. 17, 2013 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced that it has closed the previously announced transaction (the "Transaction") to convert its interest in the Awak Mas gold project in Sulawesi, Indonesia (the "Awak Mas Project") into a net smelter return royalty on the project (the "Royalty").

Prior to the closing of the Transaction, the Awak Mas Project was indirectly held by the Company through a wholly owned subsidiary, Vista Gold (Barbados) Corp. ("Vista Barbados") and was the subject of a 2009 joint venture agreement, as amended and assigned, and a 2011 additional option agreement, as amended and assigned, (together, the "Former Agreements") each between Vista Barbados and Awak Mas Holdings Pty Ltd. (the "Purchaser") (a wholly owned subsidiary of One Asia Resources Corp.).  The Former Agreements provided the Purchaser with the option to acquire an 80% interest in the Awak Mas Project by completing certain activities.

As part of the Transaction, the Former Agreements were terminated and Vista transferred 100% of the outstanding shares of Vista Barbados to the Purchaser.  In exchange, (a) the Purchaser agreed to forego certain cash payments due to have been paid by the Company had the Purchaser completed the earn-in of its interest in the Awak Mas Project, and (b) the Company received the Royalty (2% on the first 1.25 million ounces of gold production and 2.5% on the next 1.25 million ounces of gold production from the Awak Mas Project).

About Vista Gold Corp.
Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 24.9% holding in Midas Gold Corp. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.  

SOURCE Vista Gold Corp.

DENVER, Dec. 11, 2013 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company")  today announced that it has signed a binding share purchase agreement (the "Purchase Agreement") to convert its interest in the Awak Mas gold project in Sulawesi, Indonesia (the "Awak Mas Project") into a net smelter return royalty ("Royalty") on the project.

The Awak Mas Project is indirectly held through a wholly owned subsidiary of the Company, Vista Gold (Barbados) Corp. ("Vista Barbados") and is the subject of a 2009 joint venture agreement, as amended and assigned, and a 2011 additional option agreement, as amended and assigned, (together, the "Existing Agreements") each between Vista Barbados and Awak Mas Holdings Pty Ltd. (the "Purchaser") (a wholly owned subsidiary of One Asia Resources Corp. ("One Asia")).  The Existing Agreements provide the Purchaser with the option to acquire an 80% interest in the Awak Mas Project by completing certain activities.  Additional information about the Existing Agreements is available in the Company's annual report on Form 10-K for the year ended December 31, 2012.

The Purchase Agreement announced today provides for the termination of the Existing Agreements and the acquisition by the Purchaser of 100% of the outstanding shares of Vista Barbados, the entity that indirectly holds the Awak Mas Project.  In exchange, (a) the Purchaser will forego certain cash payments due to have been paid by the Company had the Purchaser completed the earn-in of its interest in the project, and (b) the Company will receive the Royalty (2% on the first 1.25 million ounces of gold production and 2.5% on the next 1.25 million ounces of gold production from the Awak Mas Project).

The completion of the transaction is subject to a number of conditions, including receipt of any required regulatory approvals, and the transaction is expected to close on or about December 16, 2013.

Frederick H. Earnest, President and Chief Executive Officer, said "We are pleased that One Asia has demonstrated an ability to advance the Awak Mas Project, and to operate effectively in Indonesia. With One Asia poised to perfect their 80% earn-in at the Awak Mas Project, Vista would have been required to reimburse One Asia for certain expenses incurred over the course of the last four years and begin to fund 20% of the ongoing project expenditures.  As a result of this new agreement with the Purchaser, and subject to the successful development of the Awak Mas Project, Vista could enjoy cash income with exposure to gold prices and project reserve growth, if any, without committing any future capital. This is consistent with our strategic objectives, which include reducing our operating risk, improving our balance sheet and locking in value for our shareholders."

About Vista Gold Corp.
Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 24.9% holding in Midas Gold Corp.  In addition to non-core projects in Mexico, Indonesia and California, Vista holds a royalty interest in a project in Bolivia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com. 

Forward Looking Statements
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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as the completion of the transaction announced in this press release, the anticipated closing date for the transaction, future obligations of Vista under the Existing Agreements, the successful development of the Awak Mas Project, the receipt of any payments pursuant to the Royalty, the potential for Vista to gain exposure to gold prices and project reserve growth at the Awak Mas Project, Vista's ability to successfully reduce its operating risk while preserving value for its shareholders 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: approved business plans, anticipated and estimated costs and budget expenditures to continue to optimize and advance the Company's core assets, the perceived extent and duration of the current weakness of gold equity securities and other such matters.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," "would," "could," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain approval of the environmental impact statement and the necessary permits for the Mt. Todd gold project, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Dec. 10, 2013 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE MKT and TSX: VGZ) announced that the Northern Territory Environmental Protection Agency ("NT EPA") has recently requested additional information with respect to the final Environmental Impact Statement ("EIS") for its Mt. Todd gold project.  Vista is currently reviewing the request for additional information and evaluating how best to respond.  Vista will provide an update on the timing for anticipated approval of the EIS when it is reasonable to do so.

Vista's President and CEO, Mr. Fred Earnest, commented, "The NT EPA has invoked their right to request additional information prior to the expiration of the 35-day final EIS review period.  While this represents a delay in the approval of the Mt. Todd EIS, we do not expect a lengthy delay.  The Mt. Todd gold project is a large project and the final EIS is a very comprehensive document with supporting information that include the technical engineering reports prepared for the June 2013 preliminary feasibility study.  We are confident that most of the information requested by the NT EPA is readily available in the existing documentation.  Given the past history of the Mt. Todd mine site, we are respectful of the NT EPA's desire to ensure that any issues are appropriately addressed.  We look forward to working with the NT EPA to provide the requested information and are confident that we can work together to achieve the successful approval of the EIS."

About Vista Gold Corp.

Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 24.9% holding in Midas Gold Corp.  In addition to non-core projects in Mexico, California and Indonesia, Vista holds a royalty interest in a project in Bolivia.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements
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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, providing an update on timing for anticipated EIS approval, length of delay in EIS approval, most information for our response to NT EPA being readily available in existing documentation, ability to work with the NT EPA to obtain EIS approval 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:  mineral reserve estimates, terms and conditions of our agreements with contractors and our approved business plans, management's assessment of potential transactions and strategic options, and the Company's assessment of the questions raised by the NT EPA.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "plans," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, ability to work with the NT EPA to settle any questions raised, availability of information to respond to questions raised by the NT EPA, risks that additional studies may need to be conducted resulting in delays, uncertainty of resource and reserve estimates, estimates of results based on such resource and reserve estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain the necessary permits, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Nov. 12, 2013 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE MKT and TSX: VGZ) announced the closing of the previously announced agreement with its lender, Sprott Resource Lending Partnership ("Sprott"), to extend the maturity date of its Cdn$10 million loan from March 2014 to March 2015. The interest rate remains unchanged at 8% per annum, payable monthly.  Pursuant to the terms of the original loan agreement, as an extension fee Vista issued Sprott 486,382 common shares, which shares represent 3.5% of the loan value.

Frederick H. Earnest, President and Chief Executive Officer, said, "We are fortunate to have a lender that has a longer term view and understands the intrinsic value of our assets. If we receive the final payment for the sale of the Los Cardones Project expected in January 2014, we will pay the Sprott loan down to approximately Cdn$4 million.  Management believes this extension provides us with the flexibility that is critical to executing our strategic plan to preserve value during these difficult markets and to continue to provide leverage to gold prices when the markets recover."

About Vista Gold Corp.

Vista is a gold company currently conducting a strategic review of its portfolio of gold assets, and is focused on advancing its flagship Mt. Todd gold project in Northern Territory, Australia. Vista's portfolio of assets also includes a 24.9% holding in Midas Gold Corp., the Guadalupe de los Reyes gold/silver project in Mexico (a preliminary economic assessment was completed in March 2013), the Awak Mas gold project in Indonesia (One Asia Resources Ltd. working to earn an 80% interest), a royalty on the Amayapampa gold project in Bolivia (being advanced by LionGold Corp. Ltd.), and the Long Valley gold project in California.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements 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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, paying down the Sprott loan in early 2014 to approximately Cdn$4 million, execution of our strategic plan and continuing to provide leverage to gold prices 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: the receipt of the final payment for the Los Cardones Project, approved business plans, anticipated and estimated costs and budget expenditures to continue to optimize and advance the Company's core assets, the perceived extent and duration of the current weakness of gold equity securities and other such matters.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain approval of the EIS and the necessary permits for the Mt. Todd gold project, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Nov. 11, 2013 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced a consolidation of its senior corporate management and responsibilities as follows:

• Exploration and new project evaluation will now be the direct responsibility of John W. Rozelle, Sr. Vice-President.
• Corporate development and project financing will now be the direct responsibility of John F. "Jack" Engele, Chief Financial Officer and Sr. Vice-President.
• Advancement of the Mt. Todd gold project, including permitting, and optimization studies will be the responsibility of  Brent Murdoch, General Manager and Director, Vista Gold Australia.

These changes follow the elimination of certain senior management positions in the Denver corporate office and at the Mt. Todd gold project in Australia.

Vista's President and CEO, Frederick H. Earnest commented, "The recent consolidation of senior management responsibilities and broader reduction in force is designed to maintain our ability to preserve shareholder value by advancing the development of our core assets, preserving leverage to increases in the price of gold, and reducing present cash expenditures.  In addition to the elimination of five positions in our Denver office, we have eliminated four positions in our Australian Mt. Todd project office.  With these changes we believe we are better prepared to weather a protracted period of weakness in the gold equity sector while preserving our ability to optimize and carefully advance our core projects."

About Vista Gold Corp.

Vista is a gold company currently conducting a strategic review of its portfolio of gold assets, and is focused on advancing its flagship Mt. Todd gold project in Northern Territory, Australia. Vista's portfolio of assets also includes a 24.9% holding in Midas Gold Corp., the Guadalupe de los Reyes gold/silver project in Mexico (a preliminary economic assessment was completed in March 2013), the Awak Mas gold project in Indonesia (One Asia Resources Ltd. working to earn an 80% interest), a royalty on the Amayapampa gold project in Bolivia (being advanced by LionGold Corp. Ltd.), and the Long Valley gold project in California.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements 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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, the Company's future ability to preserve shareholder value by advancing the development of core assets, preserving leverage to increases in the price of gold, and reducing present cash expenditures, the changes better preparing the Company to weather a period of weakness in the gold equity sector and preserving the Company's ability to optimize and advance its core projects 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:  anticipated and estimated costs and budget expenditures to continue to optimize and advance the Company's core assets, the perceived extent and duration of the current weakness of gold equity securities and other such matters.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain approval of the EIS and the necessary permits for the Mt. Todd gold project, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Nov. 6, 2013 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced that on Friday it submitted the Mt. Todd gold project's Final Environmental Impact Statement ("EIS") to regulators in the Northern Territory, Australia.

Frederick H. Earnest, President and Chief Executive Officer, commented, "Following the conclusion of the public consultation process, the Vista team has worked diligently to compile responses to comments received on the project's initial EIS.  On Friday in Australia, we submitted the completed EIS for final review to Northern Territory regulators.  We continue to anticipate approval of the project's EIS around year-end. 

Mr. Earnest continued, "This is an achievement of a significant milestone and continues our strategy of advancing the Mt. Todd gold project toward a 'development-ready' status."

About Vista Gold Corp.

Vista is a gold company currently conducting a strategic review of its portfolio of gold assets, and is focused on advancing its flagship Mt. Todd gold project in Northern Territory, Australia. Vista's portfolio of assets also includes a 24.9% holding in Midas Gold Corp., the Guadalupe de los Reyes gold/silver project in Mexico (a preliminary economic assessment was completed in March 2013), the Awak Mas gold project in Indonesia (OneAsia Resources Ltd. working to earn an 80% interest), a royalty on the Amayapampa gold project in Bolivia (being advanced by LionGold Corp. Ltd.), and the Long Valley gold project in California.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements 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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, timing for approval of the EIS for the Mt. Todd gold project, the ongoing strategic review of the Company's portfolio of gold assets, 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:  timing and the ability to obtain approval of the EIS and the necessary permits and other such matters.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain approval of the EIS and the necessary permits for the Mt. Todd gold project, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Oct. 30, 2013 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced its unaudited financial results and highlights for the third quarter ended September 30, 2013.  Management's quarterly conference call to discuss these results is scheduled for 2:30pm MDT on October 31, 2013.  The Company's full financial results, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Highlights:

• Completed the public consultation process for the Mt. Todd gold project's Environmental Impact Statement ("EIS") and substantially completed responses to comments received, continuing the EIS permitting process that is anticipated to conclude around year-end;
• Implemented significant cost reduction measures;
• Reached an agreement  to extend the due date of Vista's Cdn$10 million term loan by one year to March 2015 subject to certain conditions; and
• Closed in October the sale of the Company's Los Cardones gold project in Baja California Sur, Mexico, for $13 million in non-dilutive financing and partially repaid the Company's term loan.

Frederick H. Earnest, President and Chief Executive Officer, commented, "During the third quarter, we continued our strategy of advancing the Mt. Todd gold project toward a 'development-ready' status.  We submitted the project's initial EIS in late June and are now finalizing responses to all comments received during the public consultation process.  We continue to anticipate EIS approval (including certain Federal governmental approvals) around year-end.  Simultaneously, we took steps to improve the Company's near-term liquidity by implementing previously-announced cost reduction measures and selling the Los Cardones gold project for $13 million, $7 million of which was received in October and $6 million of which is due in January 2014 failing which the ownership of the project would revert to Vista and Vista would retain the $7 million payment (as further explained in our October 18, 2013 press release).  We continue to evaluate other opportunities to raise capital through the sale of non-core assets."

Summary of Third Quarter 2013 Results

We reported a net loss of $3.0 million or $0.04 per share for the three months ended September 30, 2013.  This includes operating expenses of $3.5 million, an unrealized $4.5 million mark-to-market gain on our investment in Midas Gold Corp., and a $3.5 million impairment charge on the Colomac mill equipment held for sale.  During the three months ended September 30, 2012, we reported net income of $12.3 million or $0.16 per share.

Project expenditures at the Mt. Todd gold project totaled $1.9 million during the quarter, down dramatically from previous quarters as we have now completed several cash intensive programs, and our cost reduction measures are beginning to take effect.   

During October, the Company closed the sale of the Los Cardones gold project in Mexico, which resulted in the receipt of $7 million at closing. The remaining $6 million is due January 31, 2014.  We used $3 million of the $7 million to pay down our term loan.  Assuming the remaining $6 million is paid to us in January 2014, we would make an additional $3 million payment against the loan.

Working capital at September 30, 2013 totaled approximately $12.4 million, including cash of approximately $4.3 million.  After giving effect to the extended maturity date and partial repayment of the term loan and the sale of the Los Cardones project, current working capital is approximately $26.1 million, including cash of approximately $8.3 million, and the balance of the term loan is approximately $6.7 million.

To review the Company's Quarterly Report on Form 10-Q for the three months ended September 30, 2013 or Annual Report on Form 10-K for the year ended December 31, 2012, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov, or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended September 30, 2013 and to discuss corporate and project activities is scheduled for Thursday, October 31, 2013 at 2:30pm MDT.

Toll-free in North America: 1-866-443-4188
International: 1-416-849-6196

This call will also be web-cast and can be accessed at the following web location:
http://www.snwebcastcenter.com/webcast/vistagold/q3-2013/site/

This call will be archived and available at www.vistagold.com after October 31, 2013.  Audio replay will be available for 21 days by calling toll-free in North America: 1-866-245-6755, passcode 43762.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager – Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

All dollar amounts in the press release are U.S. dollars unless otherwise indicated.

About Vista Gold Corp.

Vista is a gold company currently conducting a strategic review of its portfolio of gold assets, and is focused on advancing its flagship Mt. Todd gold project in Northern Territory, Australia. Vista's portfolio of assets also includes a 24.9% holding in Midas Gold Corp., the Guadalupe de los Reyes gold/silver project in Mexico (a preliminary economic assessment was completed in March 2013), the Awak Mas gold project in Indonesia (OneAsia Resources Ltd. working to earn an 80% interest), a royalty on the Amayapampa gold project in Bolivia (being advanced by LionGold Corp. Ltd.), and the Long Valley gold project in California.  For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements 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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, timing for EIS permitting at the Mt. Todd gold project, finalizing responses to public comments made on the Company's EIS for the Mt. Todd gold project, future evaluation of other opportunities to raise capital through the sale of non-core assets, receipt of the second payment for the Los Cardones project due in January 2014, the future sale of the Colomac mill equipment, repayment of a portion of the Loan Facility in January 2014 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:  timing and the ability to obtain the necessary permits, implementing cost reduction measures, likely market for the Colomac mill equipment and the likelihood of receipt of the remaining portion of the purchase price for the Los Cardones project due in January 2014 and other such matters.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, risks that the purchaser for the Los Cardones project will elect not to make the $6 million payment due in January 2014, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain the necessary permits, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Oct. 18, 2013 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE MKT and TSX: VGZ) announced the closing of its previously announced sale of the Los Cardones gold project in Baja California Sur, Mexico, to the Invecture Group ("Invecture") and RPG Structured Finance S.a r.l. (together with Invecture (the "Purchasers")) for US$13 million.

As previously announced, Vista agreed to sell 100% of its debt and equity participation in the Los Cardones gold project to the Purchasers for US$13 million (US$7 million of which was paid today and US$6 million of which is due by January 30, 2014).  The Purchasers have the option to elect, in their discretion, not to make the second payment of US$6 million, in which case, Vista will retain the US$7 million received today and the project will be returned to Vista.

About Vista Gold Corp.

Vista is a gold company currently conducting a strategic review of its portfolio of gold assets, and is focused on advancing its flagship Mt. Todd gold project in Northern Territory, Australia. Vista's portfolio of assets also includes a 24.9 % holding in Midas Gold Corp., the Guadalupe de los Reyes gold/silver project in Mexico (a preliminary economic assessment was completed in March 2013), the Awak Mas gold project in Indonesia (One Asia Resources Ltd. working to earn an 80% interest), the Long Valley gold project in California and a royalty on the Amayapampa gold project in Bolivia (being advanced by LionGold Corp Ltd.). For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements
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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, receiving the US$6 million payment from the Purchasers, 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:  mineral reserve estimates, terms and conditions of our agreements with contractors and our approved business plans, management's assessment of potential transactions and strategic options, and the Company's ability to cut costs and improve liquidity.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "plans," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, reliance on the Purchasers to complete their obligations under its agreements with Vista; uncertainty of resource and reserve estimates; estimates of results based on such resource and reserve estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain the necessary permits; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Oct. 7, 2013 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE MKT and TSX: VGZ) today announced that it has signed a binding agreement to sell its debt and equity participation in the Los Cardones gold project in Baja California Sur, Mexico, to the Invecture Group ("Invecture") for US$13 million.

The Los Cardones gold project (formerly known as Paredones Amarillos) is subject to a 2012 earn-in agreement between Invecture and Vista whereby Invecture could earn a 62.5% interest in the project by completing certain activities.  The agreement announced today will result in the termination of that earn-in agreement and the sale of 100% of its debt and equity participation in the project to Invecture for US$13 million (US$7 million of which will be paid at closing and US$6 million of which will be paid in January 2014).  The agreement provides that Invecture has the option to elect, in its discretion, to not make the second payment of US$6 million; in which case, Vista will retain the US$7 million already paid and the project.  The transaction is subject to a number of conditions, including receipt of any required regulatory approvals.  The agreement provides that the parties will execute the definitive documentation with respect to the sale of the project by October 16, 2013, or such other date mutually agreed to by the parties. 

Proceeds from the completed sale are anticipated to fund Vista's operations substantially through 2014.  Approximately half of the proceeds will be used to reduce the outstanding balance of Vista's term loan with Sprott Resource Lending Partnership, resulting in an expected reduction of Vista's monthly interest payments by Cdn$40,000.

Frederick H. Earnest, President and Chief Executive Officer, said, "The sale of the Los Cardones gold project is consistent with Vista's strategy to raise capital through the sale of non-core assets.  This transaction preserves our shareholders' exposure and leverage to Vista's two core assets (the Mt. Todd gold project and Vista's ownership of Midas Gold Corp.) without diluting our shareholders."

Vista continues to list its Colomac mill equipment for sale through AM King Industries.  A successful sale could provide sufficient additional capital for Vista to fund itself beyond 2014, complete the Feasibility Study of the Mt. Todd gold project, and fully repay its term loan with Sprott.

About Vista Gold Corp.
Vista is a gold company currently conducting a strategic review of its portfolio of gold assets, and is focused on advancing its flagship Mt. Todd gold project in Northern Territory, Australia. Vista's portfolio of assets also includes a 24.9 % holding in Midas Gold Corp., the Guadalupe de los Reyes gold/silver project in Mexico (a preliminary economic assessment was completed in March 2013), the Awak Mas gold project in Indonesia (One Asia Resources Ltd. working to earn an 80% interest), the Long Valley gold project in California and a royalty on the Amayapampa gold project in Bolivia (being advanced by LionGold). For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements
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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, completion of the sale of the Los Cardones gold project, the termination of the earn-in right agreement, the use of proceeds from such sale (the expected results of such use of proceeds), the impact of the potential sale of the Colomac mill equipment, 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:  mineral reserve estimates, terms and conditions of our agreements with contractors and our approved business plans, management's assessment of potential transactions and strategic options, and the Company's ability to cut costs and improve liquidity.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "plans," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, ability to settle definitive agreement to sell the Los Cardones gold project, ability to obtain any necessary regulatory approvals for such transaction, reliance on Invecture to complete its obligations  under its agreements with Vista, uncertainty of resource and reserve estimates, estimates of results based on such resource and reserve estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain the necessary permits, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Sept. 26, 2013 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE MKT and TSX: VGZ) announced today that it is the Company's policy not to comment on unusual market activity, but the Company wishes to confirm that it is not aware of any undisclosed events or information that would explain the recent high volumes or unusual price activity of its shares.

About Vista Gold Corp.

Vista is a gold company currently conducting a strategic review of its portfolio of gold assets, focused on its Mt. Todd gold project in Northern Territory, Australia. Vista's portfolio of assets also includes the Guadalupe de los Reyes gold/silver project in Mexico (a preliminary economic assessment was completed in March 2013) and the Los Cardones gold project in Mexico (Invecture Group, S.A. de C.V. working to earn a 62.5% interest). Vista's other holdings include the Awak Mas gold project in Indonesia (One Asia Resources Ltd. working to earn an 80% interest), the Long Valley gold project in California and a royalty on the Amayapampa gold project in Bolivia (being advanced by LionGold). For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

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.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, are forward-looking statements and forward-looking information.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate" and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors are discussed under the headings "Uncertainty of Forward-Looking Statements" and "Risk Factors" in Vista's latest Annual Report on Form 10-K as filed on March 14, 2013, and other documents filed  with the U.S. Securities and Exchange Commission and Canadian securities commissions.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Vista Gold Corp. website at www.vistagold.com

SOURCE Vista Gold Corp.

DENVER, Sept. 23, 2013 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE MKT and TSX: VGZ) today provided an update of its Strategic Review and steps to improve corporate liquidity.

Strategic Review

Today, Vista provided an update of its Strategic Review aimed to maximize shareholder value with a specific focus on its Mt. Todd gold project in the Northern Territory of Australia. Endeavour Financial has been engaged as financial advisor to assist in the process. 

Frederick H. Earnest, President and Chief Executive Officer, said, "With 5.9 million ounces of Proven and Probable Reserves (222.8 million tonnes at 0.82 g Au/tonne), the Mt. Todd gold project is large and highly leveraged to the gold price.  We are in the final stages of completing environmental permitting and have finished engineering and environmental analyses supporting both permitting and the project's pre-feasibility study.  However, given the current condition of the equity markets and Vista's share price, Management and our Board believe it is in the best interests of our shareholders to evaluate ways to reduce our exposure to Mt. Todd's spending requirements while simultaneously unlocking some of the value contained in the project."

Vista will continue its Strategic Review in an orderly fashion to best serve the interests of Vista and its shareholders.  The Company will advise the market if and when its Board approves a definitive transaction or strategic option, if any, depending on the outcome of the Strategic Review.

Corporate Liquidity

Vista also announced today that it has reached a binding agreement with its lender, Sprott Resource Lending Partnership ("Sprott"), to extend the maturity date of its $10 million loan from March 2014 to March 2015. The interest rate remains unchanged at 8% per annum.  Pursuant to the original loan agreement, Vista will pay Sprott an extension fee of 3.5% of the loan value in Vista shares.

In addition to significant cost reductions already achieved, Vista is continuing to identify and implement further cost cutting initiatives. During the first half of 2013, Vista completed three significant programs at the Mt. Todd gold project including treating the 10.5 million cubic meters of acidic water contained in the Batman pit, completing a Preliminary Feasibility Study, and preparing/submitting applications for environmental permits.  During that time Vista used $18.6 million in cash ($3.1 million per month).  With the completion of these programs and the introduction of spending reductions announced in August, including 20% salary reductions for Vista's senior staff, Vista expects to reduce its cash consumption to approximately $5.0 million during the third quarter, and to make further cash reductions in the fourth quarter and 2014. 

Mr. Earnest commented, "Having the flexibility to defer repayment of Vista's term loan, together with continued aggressive spending reductions, enhance Vista's liquidity and are critical steps to Vista's ability to execute on our strategic plan to preserve value during these difficult markets and to continue to provide positive exposure to leverage when gold prices and markets recover."

Completion of the amendment to the Credit Facility, including the issuance of the fee shares to Sprott, is subject to all required regulatory approvals, including the approval of the Toronto Stock Exchange.

About Vista Gold Corp.

Vista is a gold company currently conducting a strategic review of its portfolio of gold assets, focused on its Mt. Todd gold project in Northern Territory, Australia. Vista's portfolio of assets also includes the Guadalupe de los Reyes gold/silver project in Mexico (a preliminary economic assessment was completed in March 2013) and the Los Cardones gold project in Mexico (Invecture Group, S.A. de C.V. working to earn a 62.5% interest). Vista's other holdings include the Awak Mas gold project in Indonesia (One Asia Resources Ltd. working to earn an 80% interest), the Long Valley gold project in California and a royalty on the Amayapampa gold project in Bolivia (being advanced by LionGold). For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements
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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, mineral reserve estimates, the proposed timing and outcome of the Strategic Review, including the possibility of a future definitive transaction or strategic option, future cost reduction initiatives and the ongoing liquidity of the Company, the ability of the Company to execute on the Strategic Review and maximize shareholder value, receipt of all regulatory approvals 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:  mineral reserve estimates, terms and conditions of our agreements with contractors and our approved business plan, the anticipated completion of an EIS; the anticipated receipt of required permits; the potential occurrence and timing of a production decision; the anticipated gold production at the Mt. Todd gold project; the life of any mine at the Mt. Todd gold project; all economic projections relating to the Mt. Todd gold project, management's assessment of potential transactions and strategic options, the Company's ability to cut costs and improve liquidity.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "plans," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource and reserve estimates, estimates of results based on such resource and reserve estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain the necessary permits, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

Cautionary Note to U.S. Investors Concerning Estimates of Mineral Reserves    

The United States Securities and Exchange Commission ("SEC") limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. This press release uses the terms "Proven and Probable Reserves."  We advise U.S. investors that these terms are Canadian mining terms as defined in accordance with NI 43-101. Reserve estimates contained in this press release are made pursuant to NI 43-101 standards, are based on a Preliminary Feasibility Study and do not represent proven and probable reserves under SEC Industry Guide 7 standards.  Under SEC Industry Guide 7 standards, a "final" or "bankable" feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves and all necessary permits and government approvals must be filed with the appropriate governmental authority.  Mineral reserves described in this press release have uncertainty as to their economic and legal feasibility. The SEC normally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant "reserves" as in-place tonnage and grade, without reference to unit measures.  U.S. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into SEC Industry Guide 7 reserves.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, Aug. 2, 2013 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced its unaudited financial results and highlights for the second quarter ended June 30, 2013.  Management's quarterly conference call to discuss these results is scheduled for 2:30pm MDT on August 6, 2013.  The Company's full financial results, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Second Quarter 2013 Highlights:

• Published a Preliminary Feasibility Study ("PFS") on the Mt. Todd gold project including a 44% increase in Proven and Probable Reserves to 5.9 million ounces gold;
• Awarded Major Project Status by the Northern Territory Government for the Mt. Todd gold project, signifying the Territory's support for the timely and responsible development of the project;
• Submitted the Mt. Todd gold project's Environmental Impact Statement ("EIS") to the Northern Territory Environmental Protection Agency; and
• Implemented significant cost reduction measures including the deferral or elimination of various discretionary programs, the elimination of two executive positions, and executive/senior management and board cash compensation reductions of up to 50%.

Frederick H. Earnest, President and Chief Executive Officer, commented, "In the second quarter we have achieved several important milestones. We announced the results of the Mt. Todd PFS, most of which was completed based on feasibility-level engineering, significantly reducing the amount of time and expense to complete a final feasibility study.   We completed the treatment of water in the Batman Pit with better-than-expected results and are now in a position to discharge clean water during the next wet season.  We submitted the EIS and continue to expect its approval (including certain Federal government approvals) around year-end. With the completion of these cash-intensive activities we expect to significantly lower cash burn rates as we move forward, and importantly, we have positioned the Mt. Todd gold project to move forward quickly once the markets improve."

Mr. Earnest added, "We are very cognizant of current market conditions and are committed to taking all measures necessary to ensure our continued liquidity and preserve shareholder value.   We have implemented significant cost reduction measures including exploration spending deferrals, elimination of discretionary programs, and the elimination of two executive positions.  Additionally, our executive/senior management team and board have accepted voluntary cash compensation reductions of up to 50%, subject to periodic review by the compensation committee.   We are continuing to prioritize our capital raising efforts on the sale of non-core assets including our Colomac mill equipment, the Guadalupe de los Reyes project, and Invecture's pending earn-in on the Los Cardones project.  We remain optimistic about improvements to the gold market and Vista's potential favorable leverage to a higher gold price, but we acknowledge that the timing is not predictable.  Consequently, in addition to the measures described above we believe it is prudent to evaluate all options, including arrangements which might release some of the potential value contained in the Mt. Todd gold project."

Summary of Second Quarter 2013 Results

We reported a net loss of $21.0 million or $0.26 per share for the three months ended June 30, 2013.  This includes an unrealized $18.5 million mark-to-market loss on our investment in Midas Gold Corp., partially offset by a $4.4 million deferred tax benefit substantially related to this loss.  During the three months ended June 30, 2012, we reported a net loss of $30.5 million or $0.42 per share.

Project expenditures at the Mt. Todd gold project were $4.6 million, which was primarily attributable to water treatment and discharge, the completion of the PFS, preparation of an EIS, and site management expenses.

Our working capital at June 30, 2013 totaled approximately $12.9 million, including cash of approximately $9.3 million.

To review the Company's Quarterly Report on Form 10-Q for the three months ended June 30, 2013 or Annual Report on Form 10-K for the year ended December 31, 2012, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov, or www.vistagold.com.

Management Conference Call

A conference call with management to review our financial results for the three months ended June 30, 2013 and to discuss corporate and project activities is scheduled for Tuesday, August 6, 2013 at 2:30pm MDT.

Toll-free in North America: 1-866-443-4188
International: 416-849-6196

This call will also be web-cast and can be accessed at the following web location:
http://www.snwebcastcenter.com/webcast/vistagold/q2-2013/site/

This call will be archived and available at www.vistagold.com after August 6, 2013.  Audio replay will be available for 21 days by calling toll-free in North America: 1-866-245-6755, passcode 912014.

If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager, Investor Relations (email: This email address is being protected from spambots. You need JavaScript enabled to view it.), and we will try to address these questions prior to or during the conference call.

About Vista Gold Corp.

Vista is focused on the development of the Mt. Todd gold project in Northern Territory, Australia, to achieve its goal of becoming a gold producer. Vista has completed a preliminary economic assessment on its Guadalupe de los Reyes gold/silver project in Mexico and has granted Invecture Group, S.A. de C.V. a right to earn a 62.5% interest in the Los Cardones gold project, in Mexico. Vista's other holdings include the Awak Mas gold project in Indonesia, subject to One Asia Resources Ltd.'s right to earn an 80% interest, and the Long Valley gold project in California. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements 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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, the prospect of the Major Project Status of the Mt. Todd gold project leading to the timely and responsible development of the Mt. Todd gold project, efficacy of the Company's cost reduction initiatives in lowering the Company's cash burn rate, the receipt of all required approvals relating to the Company's EIS at the Mt. Todd gold project, the anticipated future improvement in the gold market, the prospective earn-in by the Invecture group, the future sale of the Colomac mill equipment 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:  timing and completion of the preliminary feasibility and feasibility studies, timing and the ability to obtain the necessary permits, keeping expenditures at a minimum while taking advantage of the estimated mineral resources at Mt. Todd, theamount of expenditures required to increase the plant capacity, updated mineral resource estimate on the Mt. Todd gold project, timing and schedule of consultants' work, likely market for the Colomac mill equipment and the likelihood of Invecture meeting the earn-in  and other such matters are forward-looking statements and forward-looking information.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain the necessary permits, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

Cautionary Note to U.S. Investors Concerning Estimates of Mineral Resources

The United States Securities and Exchange Commission ("SEC") limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. This press release uses the terms "Proven and Probable Reserves."  The estimates of mineral reserves shown in this press release have been prepared in accordance with the definition standards on mineral reserves of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian National Instrument 43-101 Mineral Disclosure Standards ("NI 43-101"). The definitions of Proven and Probable Reserves used in NI 43-101 differ from the definitions in U.S. Securities and Exchange Commission ("SEC") Industry Guide 7. Under SEC Industry Guide 7 standards, a "final" or "bankable" feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority. Accordingly, Vista's disclosure in this press release of mineral reserves may not be comparable to information from U.S. companies subject to the reporting and disclosure requirements of the SEC U.S. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into SEC Industry Guide 7 reserves.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

DENVER, July 1, 2013 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE MKT and TSX: VGZ) today announced that it submitted the initial Environmental Impact Statement ("EIS") to the Northern Territory Environmental Protection Authority ("NT EPA") on Friday, June 28, 2013.

Submission of the initial EIS starts concurrent agency review and public consultation periods, the latter of which will close on August 12, 2013.  Following closure of the public consultation and agency review periods, the NT EPA will provide a consolidated set of comments to Vista.  The Company will subsequently respond to the comments in a final EIS, which will be submitted to the NT EPA for approval.  Vista continues to anticipate completion of the EIS process around year-end.

Additionally, on Friday June 28, Vista completed and filed the 43-101 technical report for the Mt. Todd Preliminary Feasibility Study that was announced on May 29, 2013.  The Technical Report, dated June 28, 2013, is available on SEDAR as well as Vista's website under the Technical Reports section.

Fred Earnest, Vista's President and CEO, commented, "The submission of the EIS for review and approval by the NT EPA marks the achievement of a significant milestone for the project and is a key part of our strategy to add significant value with minimal expense going forward."

About Vista Gold Corp.

Vista is focused on the development of the Mt. Todd gold project in Northern Territory, Australia, to achieve its goal of becoming a gold producer. Vista has completed a preliminary economic assessment on its Guadalupe de los Reyes gold/silver project in Mexico and has granted Invecture Group, S.A. de C.V. a right to earn a 62.5% interest in the Los Cardones gold project, in Mexico. Vista's other holdings include the Awak Mas gold project in Indonesia, subject to One Asia Resources Ltd.'s right to earn an 80% interest, and the Long Valley gold project in California. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

Forward Looking Statements

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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, the Company's continued work on the Mt. Todd gold project, anticipated discussions with the NT EPA regarding the EIS, timing for responses to the NT EPA comments on the EIS and finalizing the EIS process, 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:  the anticipated timing and process for the completion of the EIS.  When used in this press release, the words "optimistic," "potential," "indicate," "expect," "intend," "plans," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements and forward-looking information.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.  Such factors include, among others, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;  risks related to the timing and the ability to obtain the necessary permits, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.  Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company's website at www.vistagold.com.

SOURCE Vista Gold Corp.

Press Release - PDF FORMAT

DENVER, May 29, 2013 /PRNewswire/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE MKT and TSX: VGZ) today announced the positive results of a new preliminary feasibility study (the "PFS") for its Mt. Todd gold project (the "Project") in Northern Territory, Australia.  The PFS evaluates two development scenarios including a 50,000 tonne per day ("tpd") project that develops more of the Mt. Todd resource (the "Base Case") and generates a larger Net Present Value ("NPV") and a smaller and higher-grade 33,000 tpd project that focuses on maximizing return and operating margins (the "Alternate Case").  The PFS was authored by Tetra Tech Inc. with Mine Development Associates, Resource Development Inc., Proteus EPCM Engineers (a Tetra Tech Company),  and Power Engineers, Inc.

A conference call and webcast to discuss highlights of the preliminary feasibility study will be held this afternoon at 4:30pm ET (2:30pm MT).  Call-in details are located at the end of this release.

Highlights of the 50,000 tpd Base Case include:

• Estimated proven and probable reserves of 5.90 million ounces of gold (223 million tonnes at 0.82 g Au/t) at a cut-off grade of 0.40 g Au/t, an increase of 44% from the Company's January 2011 PFS;
• Average annual production of 369,850 ounces of gold per year over the mine life, including average annual production of 481,316 ounces of gold per year during the first five years of operations;
• Life of mine average cash costs of $773 per ounce, including average cash costs of $662 per ounce during the first five years of operations;
• A 13 year operating life;
• After-tax NPV_5% of $591.3 million and IRR of 15.9% at $1,450 per ounce gold prices, increasing to $876.6 million and 21.1%, respectively, at $1,600 per ounce gold prices; and
• Initial capital requirements of $1,046 million.

Highlights of the 33,000 tpd alternate case include:

• Estimated proven and probable reserves of 3.56 million ounces of gold (124 million tonnes at 0.90 g Au/t) at a cut-off grade of 0.45 g Au/t;
• Average annual production of 262,826 ounces of gold per year over the mine life, including average annual production of 294,502 ounces of gold per year during the first five years of operations;
• Life of mine average cash costs of $684 per ounce, including average cash costs of $676 per ounce during the first five years of operations;
• An 11 year operating life;
• After-tax NPV_5% of $440.2 million and IRR of 16.9% at $1,450 per ounce gold prices, increasing to $615.6 million and 21.4%, respectively, at $1,600 per ounce gold prices; and
• Initial capital requirements of $761 million.

Frederick H. Earnest, President and Chief Executive Officer of Vista, commented, "The positive results of this PFS continue to demonstrate the quality and scale of the Mt. Todd gold project.  By completing the PFS analysis on two separate development scenarios, we are highlighting the flexibility we have in the development of this robust project.  We have the option to develop the mine most appropriate at the time a development decision is made.  Furthermore, the location of the project relative to local towns and labor markets and the infrastructure investments made by previous owners of this project provide potential construction and operating advantages relative to many gold projects."

Mr. Earnest continued, "During the balance of 2013, we will continue to advance the Mt. Todd gold project.  We will be working with the Northern Territory Government to address areas vital for the completion of a feasibility study and ultimately for a project development decision.  These discussions will be undertaken within the framework of Major Project Status, which the Territory has recently accorded Mt. Todd indicating the importance that the Territory places on its development.  The PFS results allow us to finalize and submit the Environmental Impact Study ("EIS") in June.  We continue to anticipate environmental approvals for the project around year end.   Because of the advanced state of this study, with most technical work already at feasibility levels, we estimate that a feasibility study would require four months to complete and cost approximately $2.5 million."

Nick Michael and Rex Bryan, on behalf of Tetra Tech, Thomas Dyer, on behalf of Mine Development Associates, Deepak Malhotra, on behalf of Resource Development Inc., and Lachlan Walker, on behalf of Proteus EPCM Engineers, all independent Qualified Persons as defined by Canadian National Instrument 43-101 ("NI 43-101"), prepared or supervised the preparation of information that forms the basis for the scientific and technical information disclosed herein and have reviewed this press release and have consented to its release.

Base Case Highlights

Highlights of the PFS base case scenario are presented in the table below.

Base Case Project Economics

The following table provides additional details of the Project's economics at variable gold price and Australian dollar assumptions.

Base Case Capital Costs

Key capital expenditures for initial and sustaining capital requirements are identified in the following table.

Base Case Operating Costs

The following table presents a breakdown of operating costs.  The project includes a 76MW gas-fired power plant in the initial capital.  The Base Case project consumes all power generated during the operating life.  Self-generated power creates significant savings in operating costs compared to a grid-sourced power solution.  During the four years of reclamation and closure, the PFS assumes Vista will continue generating power and will sell that power into the Northern Territory electrical grid, for which there is a known market and indicative purchase rates have been provided by the government-owned utility, Power & Water Corporation.

Base Case Mining and Production

The 50,000 tpd Base Case mine plan contains 209.5 million tonnes of ore mined from the Batman open pit plus 13.4 million tonnes of ore from the existing heap leach pad that is processed through the mill at the end of the mine life.  Together, 222.8 million tonnes of ore containing 5.901 million ounces of gold at an average grade of 0.82 g Au/t are processed over the 13 year operating life.  Total gold recovered is expected to be 4.808 million ounces.  Average annual gold production over the life of mine is 369,850 ounces, averaging 481,316 ounces during the first five years of operations, with 580,472 ounces produced in the first year of operations.  Commercial production would begin following two years of construction and commissioning.

Base Case Annual Production

The table below highlights the production schedule.

Project Mineral Reserves and Resources

The table below illustrates the updated reserve and resource estimate for the Project.  The effective date of the Batman deposit resource estimate is March 18, 2013.  The effective date of the heap leach resource estimate is May 29, 2013.