Vista Gold Corp (VGZ)

A gold developer moves to actively preparing for productionJune 10, 2026 7:00 AM
IH Market News What does it look like when a gold developer moves from talking about potential — to actively preparing for production? Hello, I’m Ricki Lee, and this is The Capital Compass. Today we’re checking back in with Vista Gold (AMEX:VGZ) (TSX:VGZ), a company advancing its flagship Mt Todd Gold Project in Australia’s Northern Territory. Earlier this year, Vista completed a successful public offering that strengthened the company’s balance sheet, leaving it with more than US$52 million in cash and no debt as it advances the next phase of development at Mt Todd. The company is now focused on a series of key work programs designed to move the project toward detailed engineering, construction, and ultimately first gold production later this decade. Joining me now to walk us through the company’s strategy, project advancement, and development timeline is Fred Earnest, President and CEO of Vista Gold. Fred, great to have you with us. Fred: Well, it’s great to be back. Thanks for having me, Ricki. Ricki: Ah, the pleasure is all mine. But Fred, in March Vista completed a successful public offering, as I just mentioned there, raising gross proceeds of nearly $45 million US dollars. And you recently reported a strong cash position with no debt. How does that enhanced financial strength position the company to execute on its strategic objectives at Mt Todd? Fred: It’s an interesting question. We went to the market in March to raise $30 million. The offering was way oversubscribed. We ended up taking $45 million and still leaving a pretty good amount of unfilled demand that buy in the market. And so, with the support that we got and the additional funds that we were able to raise, we’re now in a position to not only get ourselves through permitting, but to also start some of the front end engineering and design work that will allow us to streamline ultimately the detailed engineering process. Ricki: And you’ve said the company is now advancing Mt Todd on a standalone basis following the updated feasibility work. Can you walk us through some of the key programs currently underway that are helping move the project toward development? Fred: You know here for Vista, we use the we use the initial PPE and I know that for most people here that they think of personal protective equipment, but for us it’s permitting, people and engineering, you know, the permitting, you can’t build a project without permitting. We have permits, but they’re for the much larger project that we designed previously. And so, we’re in the process of modifying and amending those permits to align with the results of the feasibility study. People are obviously a very important part and we’re adding to the team. And then we’ve started some or we’re completing the optimization studies that were recommended in the feasibility study as well as starting some other work that will ultimately allow us to streamline, as I said, the detailed engineering and construction process. Ricki: I hope that’s not too confusing for your HR department. Part of the work also includes strengthening your operational presence in Australia. So how important is the expansion of the Australian based team, both from a project execution standpoint and in terms of preparing Mt Todd for the next stage of development? Fred: Well, Ricki, in my experience people are 90% of the key to success in almost anything we do. And we view our work at Mt Todd no differently. We have no intention of driving or running the development of the project from Denver. And so, hiring an Australian based team, we feel is the key to our success. We’ve already hired an approvals manager, which is supervising all of the work we’re doing on getting the permits modified and approved. We’ve hired an executive general manager of projects and technical services as well as an executive general manager of external relations and social performance. I think that those two positions underscore our commitment to advance the project technically and to make sure that on the social front that we’re doing everything that we can and doing it right. We’ve also added general counsel and right now we have a search underway for a managing director, and once we get the managing director on board, he will be a direct report of mine and he will supervise all of our activities in Australia. And ultimately he’ll be hiring a project director, construction manager, and the other key people that are going to allow us to execute on our strategy to build Mt Todd. Ricki: Sounds very exciting. Good luck with all of that. You’re also continuing technical work around metallurgy and geotechnical optimization. How meaningful could those studies be in terms of improving efficiencies, reducing stripping requirements, potentially enhancing the economics of the project? Fred: Tremendous payback opportunities here, the geotechnical work that we’re doing between the previous study and our current study, the west slope of the pit wall got flattened. We think there’s a potential to reduce the amount of waste that we need to move by 70 million tons. That moves the stripping ratio from four to one back down to closer to three and a half to one. So, there’s tremendous opportunity to improve economics just on not having to move material on the geotechnical side. On the metallurgical studies, we’re trying to dial in the final grind size as well as develop data that we need for the detailed engineering equipment, selection, et cetera. But, just to kind of put things in perspective for the listeners, every 1% improvement in gold recovery amounts to about $200 million of additional revenue over the life of the project at today’s gold price. So, these are real numbers that we’re talking about. We’re spending $800, $900,000 each on both of these studies with hundreds of millions of dollars potential return on that investment. So, I’m excited about what we’re doing. Ricki: Wow. So that new manager you’re looking for has to have a good eye for detail it sounds. Finally, Fred, once detailed engineering and design begins, what does the development timeline look like from there? When could investors realistically expect first gold production? Fred: So, we’ve been working very closely with GR Engineering Services in Perth. And the estimate is that once we start detailed engineering, we’re looking at a 27 month process to reach first gold pour. So based on the assumption that we’re able to start detailed engineering the middle of next year or third quarter next year as we propose, that would mean that we would pour first gold in late 2029 and achieve commercial production in early 2030. Ricki: Wow. Well, Fred, thank you so much for joining us today and updating us on the progress at Vista Gold. Fred: Thanks for having me. It’s a very exciting program and we’re delighted to share it with others. Very exciting indeed. For more information, you can visit vistagold.com. I’m Ricki Lee and this has been the Capital Compass. Thank you again for joining us and we’ll see you again next time. Original: A gold developer moves to actively preparing for production

Vista Gold Announces Inclusion in the Russell 2000® Index and Russell 2000® Growth IndexJune 8, 2026 5:01 PM
Business Wire Vista Gold Corp. (NYSE American and TSX: VGZ) today announced that the Company has been included in the list of additions to the small-cap Russell 2000® Index and the Russell 2000® Growth Index as part of the June 2026 semi-annual Russell U.S. Indexes reconstitution, according to information published by FTSE Russell following the U.S. market close on Friday, May 22, 2026. Final index membership is expected to become effective after the market close on Friday, June 26, 2026, subject to FTSE Russell’s final reconstitution schedule and updates. The newly reconstituted Russell U.S. Indexes are expected to commence trading at the market open on Monday, June 29, 2026. “Inclusion in the Russell 2000 Index and the Russell 2000 Growth Index is a meaningful milestone that reflects Vista’s increased valuation and growing liquidity,” said Frederick H. Earnest, President and CEO of Vista. “The progress we’ve made to position and advance Mt Todd as a leading gold development project and increase awareness among shareholders has been a significant contributor. We believe inclusion in these indexes will further broaden our exposure to institutional and retail investors.” The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity market and is widely used by investment managers and institutional investors for index funds and as a benchmark for active investment strategies. Inclusion in the indexes may result in a short-term volume increase for a company’s shares as funds and other investment products that track Russell indexes rebalance their portfolios. For more information on the Russell indexes reconstitution, visit the FTSE Russell website at www.ftserussell.com. About Vista Gold Corp. Vista holds the Mt Todd gold project, located in the Tier-1 mining jurisdiction of Northern Territory, Australia. Mt Todd is among the largest development-stage projects in Australia. The Company has defined a clear pathway to value realization, targeting the commencement of detailed engineering and design in 2027. This milestone is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production. Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside. Mt Todd benefits from advanced local infrastructure, options for future expansion, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation. For further information about Vista or Mt Todd, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or visit the Company’s website at www.vistagold.com. Forward Looking Statements This news 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 news release that address activities, events or developments that we expect or anticipate will or may occur in the future are forward-looking statements and forward-looking information. These forward-looking statements and forward-looking information include, but are not limited to statements regarding the Company’s expected inclusion in the Russell 2000® Index and Russell 2000® Growth Index, including the expectation that final index membership will become effective after the market close on June 26, 2026; the anticipated timing of the effectiveness of the Company’s inclusion in the Russell 2000® Index and Russell 2000® Growth Index, and commencement of trading of the reconstituted indexes; the Company's belief that its advancement of the Mt Todd gold project and investor outreach efforts contributed to its anticipated inclusion; the expected increase in visibility among institutional and retail investors resulting from the inclusion; the belief that inclusion in the indexes may result in a short-term volume increase for a company’s shares as funds and other investment products that track Russell indexes rebalance their portfolios, the Company's belief that Mt Todd is among the largest development-stage gold projects in Australia; the Company's belief that the Northern Territory is a Tier-1 mining jurisdiction; the Company's plans to advance Mt Todd toward detailed engineering and design beginning in 2027; the expected timing of project development activities; the anticipated economics, production profile, expansion potential and exploration opportunities at Mt Todd; the availability and benefits of existing infrastructure, expansion opportunities and community support; Mt Todd's potential to become a long-lived and globally significant gold operation; and the Company's business strategy and plans for value realization. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this news release include the following: the Company’s current business plans and projected capital and operating costs; the Company’s expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mine development or mining activities will remain consistent; the Company’s approved business plans, mineral resources and mineral reserves estimates and results of preliminary economic assessments; preliminary feasibility studies and feasibility studies on the Company’s projects, if any; the Company’s experience with regulators; political and social support of the mining industry in Australia; the Company’s experience and knowledge of the Australian mining industry and the Company’s expectations of economic conditions and the price of gold. When used in this news release or elsewhere, 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 capital costs, operating costs, non-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 the Company’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; 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 March 2026, and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although the Company 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, the Company 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20260608962950/en/ Pamela Solly
Vice President of Investor Relations
(720) 981-1185 Original: Vista Gold Announces Inclusion in the Russell 2000® Index and Russell 2000® Growth Index

Vista Gold Strengthens the Mt Todd Project Execution Team with the Appointment of Julie Jones as General Counsel and Company Secretary and Advances Search for a Managing DirectorMay 13, 2026 5:01 PM
Business Wire Vista Gold Corp. (NYSE American and TSX: VGZ) is pleased to announce the appointment of Julie Jones as General Counsel and Company Secretary of Vista Gold Australia Pty Ltd. Ms. Jones will be based in the Company’s Perth office and will play an important role in establishing the Mt Todd gold project as a leading gold producer in Northern Territory, Australia. The appointment reflects Vista’s continued focus on strengthening its executive project execution capabilities as the Company advances Mt Todd, one of the largest undeveloped gold projects in Australia. Ms. Jones brings more than 20 years of legal and executive leadership experience across ASX100 companies, global mining operators, and industry organizations. Her expertise includes governance, risk management, corporate affairs, commercial negotiations, employment and mining law, and company secretarial practice. Ms. Jones has held senior leadership roles with Gold Road Resources, Australian Strategic Materials, Matrix Composites & Engineering, Chamber of Commerce and Industry WA, and Iluka Resources. Earlier in her career, she practiced with a leading Australian law firm and the West Australian State Solicitor’s Office. “I am pleased to welcome Julie to our team,” said Frederick H. Earnest, President and CEO of Vista. “Her appointment further strengthens our executive team in Australia at an important stage in the advancement of Mt Todd. Her broad legal and corporate leadership experience will also be instrumental as Vista executes its strategic plan for the development of Mt Todd.” Ms. Jones holds a Bachelor of Laws and Graduate Diploma in Taxation from the University of Western Australia and a Graduate Diploma in Legal Practice from the College of Law. She is also a graduate of the Australian Institute of Company Directors and is admitted to practice in Western Australia, New South Wales, and the High Court of Australia. In addition to welcoming Ms. Jones, Vista is pleased to announce that its search for a Managing Director is advancing. Korn Ferry has been retained and is actively undertaking a search for a Managing Director. Vista is seeking an Australian-based executive with project development experience and capital markets recognition to deliver the development of the Mt Todd gold project. About Vista Gold Corp. Vista holds the Mt Todd gold project, located in the Tier-1 mining jurisdiction of Northern Territory, Australia. Mt Todd is among the largest development-stage projects in Australia. The Company has defined a clear pathway to value realization, targeting the commencement of detailed engineering and design in 2027. This milestone is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production. Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside. Mt Todd benefits from advanced local infrastructure, options for future expansion, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation. For further information about Vista or Mt Todd, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or visit the Company’s website at www.vistagold.com. Forward-Looking Statements This news 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 news release that address activities, events or developments that we expect or anticipate will or may occur in the future are forward-looking statements and forward-looking information. These forward-looking statements and forward-looking information include, but are not limited to statements regarding such things as the Company’s belief that Ms. Jones will play an important role in establishing the Mt Todd gold project as a leading gold producer in Northern Territory, Australia; the Company’s belief that Ms. Jones’ broad legal and corporate leadership experience will also be instrumental as Vista executes its strategic plan for the development of Mt Todd; Vista is seeking an Australian-based managing director with project development experience and capital markets recognition to deliver the development of the Mt Todd gold project; the Mt Todd gold project is among the largest development-stage projects in Australia; the Company’s belief that Northern Territory, Australia is a Tier-1 mining jurisdiction; the Company has defined a clear pathway to value realization, targeting the commencement of detailed engineering and design in 2027; this milestone is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production; Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside; Mt Todd benefits from advanced local infrastructure, options for future expansion, broad community support, underpinning its potential to become a long-lived, globally significant gold operation and statements related to the Company’s strategy. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this news release include the following: the Company’s forecasts and expected cash flows; the Company’s projected capital and operating costs; the Company’s expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mine development or mining activities will remain consistent; the Company’s approved business plans, mineral resources and mineral reserves estimates and results of preliminary economic assessments; preliminary feasibility studies and feasibility studies on the Company’s projects, if any; the Company’s experience with regulators; political and social support of the mining industry in Australia; the Company’s experience and knowledge of the Australian mining industry and the Company’s expectations of economic conditions and the price of gold. When used in this news release or elsewhere, 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 capital costs, operating costs, non-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 the Company’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; 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 2025, and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although the Company 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, the Company 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20260513807843/en/ Pamela Solly
Vice President of Investor Relations
(720) 981-1185 Original: Vista Gold Strengthens the Mt Todd Project Execution Team with the Appointment of Julie Jones as General Counsel and Company Secretary and Advances Search for a Managing Director

Vista Gold Announces First Quarter 2026 Financial ResultsApril 30, 2026 5:01 PM
Business Wire
Vista Gold Corp. (NYSE American and TSX: VGZ) today announced its unaudited financial results for the quarter ended March 31, 2026, with cash totaling $52.7 million at quarter-end. All dollar amounts in this press release are in U.S. dollars.


Frederick H. Earnest, President and CEO, stated, “During the first quarter, we advanced key work programs supporting our 2026 objectives and closed a public offering for aggregate gross proceeds of $44.85 million, with net proceeds of $42.0 million. Our 2026 priorities include all activities leading to permit modification approvals to align existing permits with the 2025 Mt Todd Feasibility Study; completing pre-development optimizations to provide key inputs for detailed engineering and design; expanding corporate capability by building an Australia-based team to lead project development; and advancing project execution planning.”


The Company has commenced the process to obtain permit modifications and is actively engaged with consultants, regulators, and stakeholders. Some modifications have already been submitted, and programs to support other submissions are in progress. Management anticipates that the approval of these modifications will take place over time, with the final approval expected in 2027.


Vista is advancing pre-development optimizations in line with the recommendations presented in the 2025 Mt Todd Feasibility Study. Recent drilling has provided core for selective metallurgical testing to optimize grind size and gold recoveries, and provide data for the optimal selection and sizing of equipment in the process plant. A geotechnical review has commenced, with drilling and geotechnical mapping in progress in the Batman pit to assess the opportunity to steepen the west pit wall, reduce stripping, and potentially convert additional mineral resources to mineral reserves.


Since the start of the year, Vista has hired four project management team members to be based in Perth and an approvals manager based in Darwin. The Company has expanded its management capacity in the areas of projects/technical services, external relations/social performance, legal, and administration/finance. Recruiting is ongoing for an Australian-based managing director who will be responsible for delivering the Mt Todd project. Later this year, the Company plans to begin building the broader project development team.


Summary of Financial Results


Vista reported a consolidated net loss of $3.1 million, or $0.02 per common share, for the quarter ended March 31, 2026, compared to a consolidated net loss of $2.7 million, or $0.02 per common share, for the quarter ended March 31, 2025.


Cash and cash equivalents totaled $52.7 million at March 31, 2026, compared to $13.6 million at December 31, 2025. On March 9, 2026, the Company closed an underwritten public offering of 17,940,000 common shares for total aggregate gross proceeds of $44.85 million, with net proceeds of $42.0 million. Vista continued to have no debt.


Management Conference Call


Management’s conference call to review financial results for the quarter ended March 31, 2026 and to discuss corporate and project activities is scheduled for May 1, 2026 at 7:00 a.m. MDT (9:00 a.m. EDT).


Participant Toll Free: +1 (800) 717-1738

Participant International: +1 (289) 514-5100


Conference ID: 06421


This call will be archived and available at www.vistagold.com after May 1, 2026. An audio replay will also be available through May 18, 2026 by calling toll-free in North America +1 (888) 660-6264 or +1 (289) 819-1325 using passcode 06421#.


If you are unable to access the audio or phone-in on the day of the conference call, please email your questions to ir@vistagold.com.


About Vista Gold Corp.


Vista holds the Mt Todd gold project, located in the Tier-1 mining jurisdiction of Northern Territory, Australia. Mt Todd is among the largest development-stage projects in Australia. The Company has defined a clear pathway to value realization, targeting the commencement of detailed engineering and design in 2027. This milestone is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production.


Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside. Mt Todd benefits from advanced local infrastructure, options for future expansion, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation.


For further information about Vista or Mt Todd, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or visit the Company’s website at www.vistagold.com.


Forward Looking Statements


This news 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 news release that address activities, events or developments that we expect or anticipate will or may occur in the future are forward-looking statements and forward-looking information. These forward-looking statements and forward-looking information include, but are not limited to statements regarding such things as the Company’s 2026 objectives and priorities; management anticipates that the approval of permit modifications will take place over time, with the final approval expected in 2027; drilling and geotechnical mapping is in progress in the Batman pit to assess the opportunity to steepen the wall pit, reduce stripping, and potentially convert additional mineral resources to mineral reserves; recruiting is ongoing for an Australian-based managing director who will be responsible for delivering the Mt Todd project; the Company plans to begin building the broader project development team later this year; Mt Todd milestones and results; the Company’s financial results as at March 31, 2026; the Company’s belief that Northern Territory, Australia is a Tier-1 mining jurisdiction; the Company’s belief that Mt Todd is among the largest development-stage projects in Australia; the Company’s belief that it has defined a clear pathway to value realization, targeting the commencement of detailed engineering and design in 2027; this milestone is expected to initiate an approximate 27-month period of design, construction, and commissioning, culminating into first gold production; the Company’s belief that the Mt Todd project offers strong project economics, significant initial production, and compelling expansion and exploration upside; the Company’s belief that Mt Todd benefits from advanced local infrastructure, options for future expansion, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation; and statements related to the Company’s strategy. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this news release include the following: the Company’s forecasts and expected cash flows; the Company’s projected capital and operating costs; the Company’s expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mine development or mining activities will remain consistent; the Company’s approved business plans, mineral resources and mineral reserves estimates and results of preliminary economic assessments; preliminary feasibility studies and feasibility studies on the Company’s projects, if any; the Company’s experience with regulators; political and social support of the mining industry in Australia; the Company’s experience and knowledge of the Australian mining industry and the Company’s expectations of economic conditions and the price of gold. When used in this news release or elsewhere, 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 capital costs, operating costs, non-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 the Company’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; 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 March 2026, and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although the Company 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, the Company 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260430212397/en/
Pamela Solly

Vice President of Investor Relations

(720) 981-1185


Original: Vista Gold Announces First Quarter 2026 Financial Results

Vista Gold Announces Voting Results from Annual General and Special Meeting of ShareholdersApril 28, 2026 5:01 PM
Business Wire
Vista Gold Corp. (“Vista” or the “Company”) (NYSE American and TSX: VGZ) today announced the voting results from its annual general and special meeting of shareholders held on Tuesday, April 28, 2026 (the “AGM” or “Meeting”).


A total of 80,429,324 common shares in the capital of the Company (“Common Shares”) were represented at the meeting, being 55.49% of the Common Shares. Detailed results for the ballot votes for the election of directors are as follows:




Proposal






Votes For %






Votes Withheld %








Election of John M. Clark as Director






98.43






1.57








Election of Frederick H. Earnest as Director






97.49






2.51








Election of Deborah J. Friedman as Director






97.83






2.17








Election of Patrick F. Keenan as Director






98.75






1.25








Election of Tracy A. Stevenson as Director






98.34






1.66








Election of Michel Sylvestre as Director






98.79






1.21







In addition, at the Meeting, shareholders appointed Davidson & Company LLP as auditors of the Company and passed ordinary resolutions to approve on an advisory basis, the compensation of the Company’s Named Executive Officers, and the amendments to the Company’s Stock Option Plan and all unallocated options thereunder.


About Vista Gold Corp.


Vista holds the Mt Todd gold project, located in the Tier-1 mining jurisdiction of Northern Territory, Australia. Mt Todd is among the largest development-stage projects in Australia. The Company has defined a clear pathway to value realization, targeting the commencement of detailed engineering and design in 2027. This milestone is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production.


Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside. Mt Todd benefits from advanced local infrastructure, options for future expansion, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation.


For further information about Vista or Mt Todd, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or visit the Company’s website at www.vistagold.com.


Forward Looking Statements


This news 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, including such things as the Company’s belief the Northern Territory, Australia is a Tier-1 mining jurisdiction; the Company’s belief that Mt Todd is among the largest development-stage projects in Australia; the Company’s belief that it has defined a clear pathway to value realization, targeting the commencement of detailed engineering and design in 2027; the Company’s belief that this milestone is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production; the Company’s belief that Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside; the Company’s belief that Mt Todd benefits from advanced local infrastructure, options for future expansion, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation are all forward-looking statements. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this news release include the following: the Company’s forecasts and expected cash flows; the Company’s projected capital and operating costs; the Company’s expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mine development or mining activities will remain consistent; the Company’s approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments; preliminary feasibility studies and feasibility studies on the Company’s projects, if any; the Company’s experience with regulators; political and social support of the mining industry in Australia; the Company’s experience and knowledge of the Australian mining industry and the Company’s expectations of economic conditions and the price of gold. When used in this news 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 the Company’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; 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 March 2026, and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although the Company 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, the Company 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428962343/en/
Pamela Solly

Vice President of Investor Relations

(720) 981-1185


Original: Vista Gold Announces Voting Results from Annual General and Special Meeting of Shareholders

Vista Gold to Present at the Mining Forum Europe 2026 ConferenceApril 9, 2026 5:01 PM
Business Wire
Vista Gold Corp. (NYSE American and TSX: VGZ) announced today that Frederick H. Earnest, President and CEO of Vista, will be presenting at the Mining Forum Europe 2026 conference in Zurich, Switzerland. Mr. Earnest’s presentation is scheduled for Monday, April 13, at 2:00 p.m. CEST (6:00 a.m. MDT or 8:00 a.m. EDT). The session will be live-streamed and available for on-demand viewing by accessing the link below. It can also be viewed on the Company's website at www.vistagold.com. Additionally, Vista's management team will host a series of meetings with institutional investors and others during the conference from April 13 to April 15, 2026.


Presentation Webcast Link: https://europe.miningforum.com/member-webcast/4401/


About Vista Gold Corp.


Vista holds the Mt Todd gold project, located in the Tier-1 mining jurisdiction of Northern Territory, Australia. Mt Todd is among the largest development-stage projects in Australia. The Company has defined a clear pathway to value realization, targeting the commencement of detailed engineering and design in 2027. This milestone is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production.


Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside. Mt Todd benefits from advanced local infrastructure, options for future expansion, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation.


For further information about Vista or Mt Todd, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or visit the Company’s website at www.vistagold.com.


Forward Looking Statements


This news 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 news 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 will be presenting at the Mining Forum Europe 2026 Conference; Vista's management team will host a series of meetings with institutional investors and others during the conference from April 13 to April 15, 2026; the Company’s belief that Mt Todd is among the largest development-stage projects in Australia and that the Northern Territory is a Tier-1 mining jurisdiction; the Company’s belief that it has defined a clear pathway to value realization, targeting the commencement of detailed engineering and design in 2027; this milestone is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production; Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside; Mt Todd benefits from advanced local infrastructure, options for future expansion, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation 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 news release include the following: the Company’s forecasts and expected cash flows; the Company’s projected capital and operating costs; the Company’s expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mine development or mining activities will remain consistent; the Company’s approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments; preliminary feasibility studies and feasibility studies on the Company’s projects, if any; the Company’s experience with regulators; political and social support of the mining industry in Australia; the Company’s experience and knowledge of the Australian mining industry and the Company’s expectations of economic conditions and the price of gold. When used in this news 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 the Company’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; 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 March 2026, and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although the Company 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, the Company 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260409075242/en/
Pamela Solly

Vice President of Investor Relations

(720) 981-1185


Original: Vista Gold to Present at the Mining Forum Europe 2026 Conference

Vista Gold Announces 2025 Financial ResultsMarch 11, 2026 5:01 PM
Business Wire
Vista Gold Corp. (NYSE American and TSX: VGZ) today announced its audited financial results for the year ended December 31, 2025, with cash totaling $13.6 million at year-end. All dollar amounts in this press release are in U.S. dollars.


Frederick H. Earnest, President and CEO of Vista, stated, “2025 was a pivotal year for our Company. The completion of the new Mt Todd Feasibility Study in July 2025 was a defining moment for the Mt Todd gold project and Vista. The study demonstrates an achievable path to near-term production centered on a smaller initial operation that prioritizes higher grade ore to the processing plant, significantly lowers initial capital costs, and incorporates contract services to reduce development and operational risks.


“Throughout the year, we remained firmly committed to safety, environmental stewardship, financial discipline, and the interests of our stakeholders. In November, we surpassed four consecutive years without a workplace incident - a testament to our strong safety culture. Our site team also successfully advanced Mt Todd’s environmental initiatives with zero reportable incidents. We maintained a solid treasury throughout 2025 and recently completed an equity raise which we expect will support our work moving forward to complete permitting and technical studies, build up our Australian organization, and initiate detailed engineering and design.”


Since completing the 2025 Mt Todd Feasibility Study (“2025 FS”), the Company has prioritized work to support the start of detailed engineering and design. Recent drilling has provided core for selective metallurgical testing to confirm grind size, gold recoveries, and optimal selection and sizing of grinding equipment. A geotechnical review is also underway, with potential drilling around the Batman pit to assess the opportunity to steepen the west pit wall, reduce stripping, and potentially convert additional mineral resources to mineral reserves.


Mr. Earnest continued, “In 2026, we are focused on building a strong technical and organizational foundation for project execution. Modifications of our existing key permits are underway to align with the designs in the 2025 FS, with submissions filed and additional applications planned. We have started building our Australian-based team to lead our development plans as we move forward. We are starting with a small executive team based in Perth and have plans for a larger operational presence in the Northern Territory.


“We are positioning Mt Todd for the start of detailed engineering and design in 2027. This phase is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production. Our priorities underscore our disciplined and technically driven approach to the development of Mt Todd.”


Summary of Financial Results


Vista reported a consolidated net loss of $7.5 million, or $0.06 per common share, for the year ended December 31, 2025, compared to consolidated net income of $11.2 million, or $0.09 per common share, for the year ended December 31, 2024. The 2025 financial results benefited from a $1.3 million recovery of certain tax amounts paid in connection with the 2020 sale of the Los Reyes gold project in Mexico, while the 2024 financial results included a $16.9 million gain on the grant of a royalty interest in Mt Todd and a $0.8 million gain on sale of mill equipment. Other income and expenses comprising the 2025 net loss and 2024 net income were in line management’s expectations.


Cash and cash equivalents totaled $13.6 million at December 31, 2025, compared to $16.9 million at December 31, 2024. On March 9, 2026, the Company closed an underwritten public offering of 17,940,000 common shares for total gross proceeds of $44.85 million. Vista continued to have no debt.


Management Conference Call


Management’s conference call to review financial results for the year ended December 31, 2025 and to discuss corporate and project activities is scheduled for March 13, 2026 at 10:00 a.m. MDT (12:00 p.m. EDT).


Participant Toll Free: +1 (800) 717-1738

Participant International: +1 (289) 514-5100


Conference ID: 32150


This call will be archived and available at www.vistagold.com after March 13, 2026. An audio replay will also be available through March 27, 2026 by calling toll-free in North America +1 (888) 660-6264 or +1 (289) 819-1325 using passcode 32150#.


If you are unable to access the audio or phone-in on the day of the conference call, please email your questions to ir@vistagold.com.


About Vista Gold Corp.


Vista holds the Mt Todd gold project, located in the Tier-1 mining jurisdiction of Northern Territory, Australia. Mt Todd is among the largest development-stage projects in Australia. The Company has defined a clear pathway to greater value creation, targeting the commencement of detailed engineering and design in 2027. This milestone is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production.


Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside. Mt Todd benefits from advanced local infrastructure, multiple development scenarios, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation.


For further information about Vista or Mt Todd, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or visit the Company’s website at www.vistagold.com.


Forward Looking Statements


This news 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 news release that address activities, events or developments that we expect or anticipate will or may occur in the future are forward-looking statements and forward-looking information. These forward-looking statements and forward-looking information include, but are not limited to statements regarding such things as the Company’s Mt Todd milestones and results; the Company’s financial results as at December 31, 2025; the Company’s belief that the 2025 FS demonstrates an achievable path to near-term production; a geotechnical review is underway, with potential drilling around the Batman pit to assess the opportunity to steepen the west pit wall, reduce stripping, and potentially convert additional mineral resources to mineral reserves; in 2026, Vista is focused on building a strong technical and organizational foundation for project execution; additional permit modification applications are planned; the Company plans to build a small executive team based in Perth, with a larger operational presence in the Northern Territory; the Company is positioning Mt Todd for the start of detailed engineering and design in 2027; this phase is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production; the Company’s belief that its priorities underscore a disciplined and technically driven approach to the development of Mt Todd; the Company’s belief that Northern Territory, Australia is a Tier-1 mining jurisdiction; the Company’s belief that Mt Todd is among the largest development-stage projects in Australia; the Company’s belief that it has defined a clear pathway to greater value creation; the Company’s belief that the Mt Todd project offers strong project economics, significant initial production, and compelling expansion and exploration upside; the Company’s belief that Mt Todd benefits from advanced local infrastructure, multiple development scenarios, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation; and statements related to the Company’s strategy. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this news release include the following: the Company’s forecasts and expected cash flows; the Company’s projected capital and operating costs; the Company’s expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mine development or mining activities will remain consistent; the Company’s approved business plans, mineral resources and mineral reserves estimates and results of preliminary economic assessments; preliminary feasibility studies and feasibility studies on the Company’s projects, if any; the Company’s experience with regulators; political and social support of the mining industry in Australia; the Company’s experience and knowledge of the Australian mining industry and the Company’s expectations of economic conditions and the price of gold. When used in this news release or elsewhere, 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 capital costs, operating costs, non-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 the Company’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; 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 March 2026, and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although the Company 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, the Company 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260310281733/en/
Pamela Solly

Vice President of Investor Relations

(720) 981-1185


Original: Vista Gold Announces 2025 Financial Results

Vista Gold Corp. Announces Closing of US$44.85 Million Public Offering of Common Shares and Full Exercise by the Underwriters of Option to Purchase Additional Common SharesMarch 9, 2026 9:45 AM
Business Wire
Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to announce the closing of its previously announced underwritten public offering of 17,940,000 of its common shares, which includes the full exercise of the underwriters’ option to purchase 2,340,000 additional common shares, at a price to the public of US$2.50 per share.


The total gross proceeds to Vista were US$44.85 million, before deducting underwriting discounts and commission and other offering expenses payable by Vista.


The Company intends to allocate the net proceeds from the offering to advance exploration and development activities at the Company’s Mt. Todd gold project, a development-stage gold deposit in Australia’s Northern Territory, and for general corporate purposes.


CIBC Capital Markets acted as the sole bookrunner for the offering and BMO Capital Markets, Raymond James, H.C. Wainwright & Co. and Tamesis Partners acted as co-managers for the offering.


This offering was made pursuant to an effective shelf registration statement on Form S-3 (No. 333-282706) (including a base prospectus) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) on October 17, 2024, and declared effective on November 8, 2024. The common shares were offered only by means of a prospectus supplement and the accompanying base prospectus that form a part of the registration statement. A final prospectus supplement and the accompanying base prospectus relating to and describing the terms of the proposed offering of common shares were filed with the SEC. Copies of the final prospectus supplement and the accompanying base prospectus relating to the offering may be accessed for free on the SEC’s website at www.sec.gov or obtained by contacting CIBC Capital Markets, 161 Bay Street, 5th Floor, Toronto, ON M5J 2S8, by telephone: 1(416) 956-6378, or by email: mailbox.usprospectus@cibc.com, BMO Nesbitt Burns Inc., Attn: Brampton Distribution Centre C/O The DATA Group of Companies, 9195 Torbram Road, Brampton, Ontario, L6S 6H2, by telephone: 905-791-3151 Ext. 4312, or by email: torbramwarehouse@datagroup.ca, H.C. Wainwright & Co., LLC, Attention: Prospectus Department, 430 Park Avenue, New York, NY 10022, by email: HCWprospectus@hcwco.com, Raymond James Ltd., Suite 2100, 925 West Georgia St, Vancouver, BC V6C 3L2, Attn: Belinda Betonio and Tamesis Partners LLP, 16 Berkeley Street, London W1J 8DZ.


In addition, the offering was made in each of the Provinces of Canada, except for Quebec, in reliance on the “listed issuer financing” exemption from the prospectus requirements available under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as modified by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. There is an amended and restated offering document related to the offering (the “Offering Document”) that can be accessed under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.vistagold.com.


The Company relied upon the exemption set forth in Section 602.1 of the TSX Company Manual in connection with the offering, which provides that the TSX will not apply its standards to certain transactions involving eligible interlisted issuers on a recognized exchange.


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


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


About Vista Gold Corp.


Vista holds the Mt. Todd gold project, a leading development-stage gold deposit located in the Tier-1 mining jurisdiction of Northern Territory, Australia.


Mt. Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside. The Mt. Todd gold project benefits from advanced local infrastructure, multiple development scenarios, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation.


For further information about Vista or Mt. Todd, 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 statements with respect to the use of proceeds from the offering; and our beliefs and expectations regarding 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 understanding and belief of the current market conditions, 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 or otherwise, 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 price and complete the offering at terms acceptable to us, risks related to the development of the Mt. Todd gold project, uncertainty of resource and reserve estimates, uncertainty as to the Company’s future capital costs, operating costs, non-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 the Company’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; 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 28, 2025, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260309863345/en/
Pamela Solly

Vice President of Investor Relations

(720) 981-1185


Original: Vista Gold Corp. Announces Closing of US$44.85 Million Public Offering of Common Shares and Full Exercise by the Underwriters of Option to Purchase Additional Common Shares

L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - VGZFebruary 26, 2026 10:01 AM
PR Newswire (Canada)

TORONTO, le 26 févr. 2026 /CNW/ - Reprise des négociations pour :Société : Vista Gold Corp.Symbole TSX : VGZLes titres : OuiReprise : 10 h 00L'OCRI peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable. L'OCRI est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.SOURCE L’Organisme canadien de règlementation des investissements (OCRI) - Arrêts/Reprises

Original: L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - VGZ

Canadian Investment Regulatory Organization Trade Resumption - VGZFebruary 26, 2026 9:59 AM
PR Newswire (Canada)

TORONTO, Feb. 26, 2026 /CNW/ - Trading resumes in:Company: Vista Gold Corp.TSX Symbol: VGZAll Issues: YesResumption (ET): 10:00 AMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada..SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

Original: Canadian Investment Regulatory Organization Trade Resumption - VGZ

Canadian Investment Regulatory Organization Trading Halt - VGZFebruary 26, 2026 9:35 AM
PR Newswire (Canada)

TORONTO, Feb. 26, 2026 /CNW/ - The following issues have been halted by CIRO:Company: Vista Gold Corp.TSX Symbol: VGZAll Issues: YesReason: Pending NewsHalt Time (ET): 9:22 AMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

Original: Canadian Investment Regulatory Organization Trading Halt - VGZ

Suspension de la négociation par l'Organisme canadien de réglementation des investissements - VGZFebruary 26, 2026 9:37 AM
PR Newswire (Canada)

TORONTO, le 26 févr. 2026 /CNW/ - L'OCRI a suspendu la négociation des titres suivants :Société : Vista Gold Corp.Symbole TSX : VGZLes titres : OuiMotif : Nouvelle en attenteHeure de la suspension (HE) : 09 h 22L'OCRI peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable. L'OCRI est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.SOURCE L’Organisme canadien de règlementation des investissements (OCRI) - Arrêts/Reprises

Original: Suspension de la négociation par l'Organisme canadien de réglementation des investissements - VGZ

Vista Gold Strengthens Mt Todd Project Team with Key Appointments in AustraliaFebruary 5, 2026 5:01 PM
Business Wire
Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to announce several key appointments as part of its ongoing program to strengthen the Company’s project development capability and corporate presence in Australia. The following individuals have been appointed and recently commenced employment.



Jeff Dang – Executive General Manager – Projects and Technical Services



Sharon Goddard – Executive General Manager – External Relations and Social Performance



Francis Atta Kuranchie – Approvals Manager



Frederick H. Earnest, President and CEO of Vista, commented, “We are pleased to welcome Jeff Dang, Sharon Goddard and Francis Kuranchie to the Vista team. Their individual experience and talents complement those of our Mt Todd project team as we aggressively seek to position the Mt Todd project for the start of detailed engineering and design in early 2027. These appointments mark the start of the transition of project leadership from the corporate office in Denver, Colorado to Australia. As the project advances, Vista envisions having a small, highly effective executive team in Perth, Western Australia and a larger operational team based in the Northern Territory. Mr. Dang and Ms. Goddard will be based in Perth, and Dr. Kuranchie will be based in Darwin where he can more closely interact with Northern Territory regulatory agencies.”


More comprehensive information about our newest team members and their individual experience follows.


Jeff Dang


Mr. Dang is a mining engineer with more than 18 years of operational, technical, and leadership experience, primarily in gold, spanning underground and large-scale open pit operations in Africa, Western Australia, and South America. His diverse expertise includes mine management and optimization, project and mine development, project evaluation and studies, and corporate development, including strategic planning and mergers and acquisitions.


Prior to joining Vista, Mr. Dang was General Manager, Projects and Technical for Gold Road Resources Limited in Western Australia. He also held senior management positions with Bellevue Gold and Anglogold Ashanti. Mr. Dang is a Qualified Person as defined by Item 1300 of Regulation S-K under the Securities Exchange Act of 1934, as amended, and Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects. He holds a Bachelor of Mining Engineering (Honors) from the Western Australian School of Mines in Kalgoorlie and is a member of the Australian Institute of Mining and Metallurgy (AusIMM).


Sharon Goddard


Ms. Goddard is an accomplished leader with more than 20 years of experience in the mining sector, specializing in social performance, ESG, organizational growth and transformation, corporate affairs, and stakeholder engagement. She brings a proven track record of developing and executing strategies that secure and maintain social license to operate, strengthen investor and community confidence, and deliver measurable sustainability outcomes. Her experience includes extensive engagement with Indigenous groups, regulators, and industry bodies while supporting corporate growth and strong governance.


Ms. Goddard was most recently General Manager, Social Performance and External Relations for Gold Road Resources Limited. Ms. Goddard has an MBA from Curtin University Western Australia, a Financial Markets Diploma from the Financial Services Institute of Australasia and is a Graduate of the Australian Institute of Company Directors.


Francis Atta Kuranchie


Dr. Kuranchie is a senior environmental engineer and leader with over 20 years of experience across open pit and underground mining operations, including gold, copper, iron ore, zinc, and coal. He has held senior health, safety and environmental roles across multiple Australian jurisdictions, leading environmental approvals, regulatory compliance, rehabilitation, and stakeholder engagement for both operating sites and projects in development.


Previously, Dr. Kuranchie held environmental managerial positions at the Carosue Dam Operations in Western Australia, the Millennium Coal Mine in Queensland, and the Pajingo Gold Mine in Queensland. Dr. Kuranchie holds a PhD in Environmental Engineering from Edith Cowan University in Perth, Australia; a Master of Science degree in Environmental Engineering from Linköping University in Sweden; and a Bachelor of Science degree in Metallurgical Engineering from Kwame Nkrumah University of Science and Technology in Kumasi, Ghana. He is also a Registered Professional Engineer of Queensland (RPEQ) and also holds a Fellow membership of the Engineers Australia.


About Vista Gold Corp.


Vista holds the Mt Todd gold project, a leading development-stage gold deposit located in the Tier-1 mining jurisdiction of Northern Territory, Australia. The Company has defined a clear pathway to greater value creation, targeting the commencement of detailed engineering and design by early 2027. This milestone is expected to initiate a 27-month design, construction, and commissioning process.


Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside. The Project benefits from advanced local infrastructure, multiple development scenarios, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation.


For further information about Vista or Mt Todd, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or visit the Company’s website at www.vistagold.com.


Forward Looking Statements


This news 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 news release that address activities, events or developments that we expect or anticipate will or may occur in the future are forward-looking statements and forward-looking information. These forward-looking statements and forward-looking information include, but are not limited to statements regarding such things as the Company is aggressively seeking to position the Mt Todd project for the start of detailed engineering and design in early 2027; these appointments mark the start of the transition of project leadership from the corporate office in Denver, Colorado to Australia; the Company envisions having a small, highly effective executive team in Perth, Western Australia and a larger operational team based in the Northern Territory; the Company’s belief that the Mt Todd gold project is a leading development-stage gold deposit; the Company has defined a clear pathway to greater value creation, targeting the commencement of detailed engineering and design by early 2027; this milestone is expected to initiate a 27-month design, construction, and commissioning process; Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside; the Project benefits from advanced local infrastructure, multiple development scenarios, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation and statements related to the Company’s strategy. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this news release include the following: the Company’s forecasts and expected cash flows; the Company’s projected capital and operating costs; the Company’s expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mine development or mining activities will remain consistent; the Company’s approved business plans, mineral resources and mineral reserves estimates and results of preliminary economic assessments; preliminary feasibility studies and feasibility studies on the Company’s projects, if any; the Company’s experience with regulators; political and social support of the mining industry in Australia; the Company’s experience and knowledge of the Australian mining industry and the Company’s expectations of economic conditions and the price of gold. When used in this news release or elsewhere, 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 capital costs, operating costs, non-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 the Company’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; 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 2025, and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although the Company 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, the Company 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260205602496/en/
Pamela Solly

Vice President of Investor Relations

(720) 981-1185


Original: Vista Gold Strengthens Mt Todd Project Team with Key Appointments in Australia

Boy, am I so glad they let me get out of this dog.

Turn around or delist em!

There’s an old saying that miners are nothing but liars with a hole in the ground. Nonetheless, in this economy anything to do with gold is at least worth looking into.

Clownshow





So ....... What's happened to this clownshow today?

$VGZ Chart continues its march towards $1 test..on watch this week..

https://stockcharts.com/c-sc/sc?s=VGZ&p=D&b=5&g=0&i=0&r=1647090053034

VGZ=Sorryasspos.









Sowatzmanagementdoing?

Any word from Management about how they are going to turn around the continued slide of their company's pps?





Loyal stockholders would love to know.

https://www.stockscores.com/chart.asp?TickerSymbol=%20vgz&TimeRange=365&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=None&Band=None&avgType1=SMA&movAvg1=50&avgType2=SMA&movAvg2=100&Indicator1=AccDist&Indicator2=StochRSI&Indicator3=CMF&Indicator4=MACD&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen

https://www.stockscores.com/chart.asp?TickerSymbol=%20vgz&TimeRange=365&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=None&Band=None&avgType1=SMA&movAvg1=50&avgType2=SMA&movAvg2=100&Indicator1=AccDist&Indicator2=StochRSI&Indicator3=CMF&Indicator4=MACD&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen

https://www.stockscores.com/chart.asp?TickerSymbol=%20vgz&TimeRange=365&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=None&Band=None&avgType1=SMA&movAvg1=50&avgType2=SMA&movAvg2=100&Indicator1=AccDist&Indicator2=StochRSI&Indicator3=CMF&Indicator4=MACD&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen

Anyone asking the question how vista surviving after running out of cash by 4q?

I used to. One of these days I will make coin on CDE.

My last transactions were ...

USLV
JNUG

and did very well.

I personally do not buy metal stocks. I do horde precious metal, however. Time has come to reconsider. I will look into this. Thanks

Rusoro is still hanging around!!

News Releases
Rusoro Mining Ltd.
Rusoro Mining News
March 04, 2020

Rusoro Announces Share Purchases by CEO

Vancouver, Canada - Rusoro Mining Ltd. (the "Company" or "Rusoro") announces that it has been advised that Andre Agapov, President and CEO of the Company, has acquired shares of Rusoro in the public market. Following the acquisition of 1,929,000 common shares of Rusoro, Mr. Agapov holds an aggregate of 87,066,167 common shares representing 15.98% of the issued and outstanding shares of the Company.

Mr. Agapov would hold 102,266,167 common shares, which represents 18.26% on a partially diluted basis assuming the exercise of his 15,200,000 stock options.

Mr. Agapov acquired these securities for investment purposes and may in the future acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant. An early warning report will be filed by Mr. Agapov in accordance with applicable securities laws.

ON BEHALF OF THE BOARD

"Andre Agapov"

Andre Agapov, President & CEO

Rusoro Mining Ltd.
Rusoro Mining News

January 30, 2019
Paris Court of Appeals Decision on Award

Vancouver, Canada -- Rusoro Mining Ltd. (the "Company" or "Rusoro") announces that, in a decision dated 29 January 2019 (the "French Court Decision"), the Paris Court of Appeals partially annulled the arbitral award (the "Award") issued in favour of the Company in August 2016 by a tribunal constituted pursuant to the Canada-Venezuela bilateral investment treaty (the "Treaty") and the rules of the Additional Facility of the International Centre for Settlement of Investment Disputes.

Whilst the Paris Court of Appeals upheld the tribunal's finding on the merits that Venezuela is liable for the unlawful expropriation of Rusoro's investments, it annulled the Award's finding on damages. The French Court Decision does not seek to determine the damages that Venezuela must pay to Rusoro for its breach of the Treaty.

Rusoro intends to vigorously pursue all available remedies to reinstate the Award's finding on damages in full or otherwise obtain fair compensation for the unlawful expropriation of its investments in Venezuela, including the appeal of the French Court Decision before the French Supreme Court and (if necessary) the resubmission of the case to arbitration to re-determine the amount of damages owed to Rusoro.

Rusoro confirms that the French Court Decision does not impact Venezuela's obligation to pay Rusoro at least US$100 million as partial payment for the expropriated investments under the Agreement executed between them in October 2018.

ON BEHALF OF THE BOARD
"Andre Agapov"
Andre Agapov, President & CEO

Rusoro Mining Ltd.
Rusoro Mining News
December 18, 2018

Rusoro Mining Provides Update on Initial Payment from Bolivarian Republic of Venezuela

Vancouver, Canada -- Rusoro Mining Ltd. (the "Company" or "Rusoro") would like to provide an update on the status of the initial US$100 million payment from the Bolivarian Republic of Venezuela ("Venezuela"). A portion of the funds were sent by Venezuela and received by a Canadian bank representing Rusoro. The bank refused to advance the funds to Rusoro due to concerns about the US sanctions and the effect facilitating the payment may have on their US subsidiary.

The Company continues to work with the global banking community and is optimistic it will be able to find a satisfactory process to enable the receipt of the US$100 million payment in the near future and also future payments as they become due.

In October 2018, the Company announced the signing of a settlement agreement ("Settlement Agreement") in which Venezuela agreed to pay Rusoro over US$1.28 billion for full release of the arbitral award (the "Award") issued in favor of the Company in August 2016 by a tribunal constituted pursuant to the Additional Facility of the International Centre for Settlement of Investment Disputes and to acquire the Company's mining data.

ON BEHALF OF THE BOARD

"Gordon Keep"

Gordon Keep, Director

VGZ's time has come. Paste this url to your browser to see https://stockcharts.com/public/1164099. Technicals are synching up.

#VGZ:.Vista.Gold.Corp.Announces.Third.Quarter.Financial.Results.and. Mt Todd.Update...:-}


http://vistagold.investorroom.com/2019-10-23-Vista-Gold-Corp-Announces-Third-Quarter-Financial-Results-and-Mt-Todd-Update





Vista Gold Corp. Announces Third Quarter Financial Results and Mt Todd Update



DENVER, Oct. 23, 2019 /PRNewswire/ -- Vista Gold Corp. (NYSE American and TSX: VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended September 30, 2019. Management's quarterly conference call to discuss these results is scheduled for 4:30 p.m. EDT on October 24, 2019. The Company's unaudited condensed consolidated financial statements and 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 October 23, 2019 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Third Quarter Highlights and Recent Developments

Positive results of the updated October 2019 preliminary feasibility study (the "2019 PFS") for the Mt Todd gold project ("Mt Todd" or the "Project") with improved after-tax net present value at a 5% discount rate ("NPV5%") of $823 million and internal rate of return ("IRR") of 23.4% at a price of $1,350 per ounce of gold and a $0.70=A$1.00 exchange rate;
2019 PFS after-tax NPV5% of $1.15 billion and IRR of 30.3% at a price of $1,500 per ounce of gold and a $0.68=A$1.00 exchange rate;
Metallurgical optimization program demonstrated life-of-mine gold recovery of 91.9% and total recovered gold of 5.3 million ounces; and
Received the third $1.5 million option payment from Prime Mining Corp. for the Company's Guadalupe de los Reyes gold / silver project in Sinaloa, Mexico ("Los Reyes").
Vista's President and CEO, Mr. Frederick H. Earnest commented, "Completing the 2019 PFS was a significant achievement in further advancing and de-risking Mt Todd. With average life-of-mine gold recoveries of 91.9%, NPV5% of $823 million, an IRR of 23.4% at a $1,350 per ounce gold price and a $0.70=A$1.00 exchange rate, and all major environmental approvals in place, we believe Mt Todd is a superior asset located in a Tier-1 mining jurisdiction. In addition, we believe the independent benchmarking study provides greater confidence to the capital and operating cost estimates in the technical report. These studies provide a solid foundation to further advance the Project and demonstrate that Mt Todd is poised to become a major Australian gold producer. We intend to continue to de-risk Mt Todd in a cost-effective manner while seeking to secure a development partner. The 2019 PFS provides a solid basis for engagement with prospective development partners that recognize the value of Mt Todd.

"We continue to effectively manage our working capital to best improve the value of Mt Todd. We believe our working capital will be sufficient to fully fund our currently planned corporate and project holding costs and discretionary programs for more than 12 months. Vista has other potential future sources of non-dilutive financing that may be converted to additional working capital. These sources include the sale of non-core assets such as our used mill equipment, future option payments for Los Reyes, and monetization of royalty interests held by the Company. We plan to increase our focus on monetizing these other sources of working capital."

Summary of Q3 2019 Financial Results

Vista reported a net loss of $2.5 million, or $0.02 per share, for the three-month period ended September 30, 2019. The loss is comprised of $2.3 million of operating expenses and a $0.2 million mark-to-market loss on our investment in Midas Gold Corp. Operating expenses for the quarter include costs related to the 2019 PFS.

Working capital at September 30, 2019 was $7.2 million, including cash and short-term investments of $4.5 million. The Company has no debt.

Mt Todd Update

2019 PFS

In September 2019, we announced the results of the 2019 PFS for the Project and in October 2019 we filed a technical report entitled "NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study Northern Territory, Australia" with an effective date of September 10, 2019 and an issue date of October 7, 2019. The 2019 PFS was based on the results of metallurgical testing, a comprehensive review of the Project and the re-design of elements of the process flow sheet, and most importantly, grinding circuit design changes. Key inputs that changed in the 2019 PFS include higher gold recoveries due to the finer grind size, a higher gold price, and improved foreign exchange rates.

These process improvement efforts resulted in revised estimates that reflect reduced estimated operating costs, increased projected gold recovery and higher gold production forecasts. In addition, we updated revenue, capital, and operating costs based on current market conditions and recent quotes from suppliers.

Vista retained GR Engineering Services of Perth, Australia to undertake an independent benchmarking study to assess the appropriateness of capital and operating cost estimates, construction and ramp-up schedules, owner's costs and key components of the Project, such as power supply.

Metallurgical Optimization Program

Vista's latest metallurgical test programs have confirmed: (1) the efficiency of ore sorting across a broad range of head grades and the natural concentration of gold in the screen undersize material prior to sorting; (2) the effectiveness of fine grinding and improved gold leach recoveries at an 80% passing grind size of 40 microns ("µm"); and (3) the selection of FLSmidth's VXP mill as the preferred fine-grinding mill.

Vista initiated a metallurgical optimization program (the "Program") following the issuance of its 2018 preliminary feasibility study ("2018 PFS"). The objective of the Program was to determine overall gold recoveries at finer grind sizes and evaluate the efficiency of the FLSmidth VXP mills as opposed to the Glencore ISA mills, which were contemplated in the 2018 PFS. As a result of this test work and related leach recovery tests, a final grind size of 80% passing 40µm was selected. The Program was completed during the third quarter of this year. The outcomes of the metallurgical testing and other findings were incorporated into the 2019 PFS.

In August 2019, the Company announced the results of the 2019 fine-grinding tests completed on samples of various grade ranges. These tests confirm that the Mt Todd ore can be efficiently ground to a finer final product size with lower power consumption in the grinding circuit than estimated in the 2018 PFS. Leaching the 40µm size material resulted in higher life-of-mine recoveries of 91.9% compared to 86.4% in the 2018 PFS, and an estimated increase in total gold produced over the life of the mine of approximately 349,000 ounces. It also proved that at the 40µm target grind size, the tail grade is nearly constant within specific grade ranges.

Project Mineral Reserves

The 2019 PFS estimated total recovered gold at 5.3 million ounces. The table below presents the estimated mineral reserves for the Project.

Mt Todd Gold Project Mineral Reserves – 50,000 tpd, 0.40 g Au/t cut-off and $1,250 per ounce gold


Batman Deposit

Heap Leach Pad

Total




Tonnes
(000s)



Grade
(g/t)

Contained
Ounces
(000s)



Tonnes
(000s)



Grade
(g/t)

Contained
Ounces
(000s)



Tonnes
(000s)



Grade
(g/t)

Contained
Ounces
(000s)

Proven

72,672

0.88

2,057

-

-

-

72,672

0.88

2,057

Probable

135,015

0.82

3,559

13,354

0.54

232

148,369

0.79

3,791

Proven & Probable

207,687

0.84

5,616

13,354

0.54

232

221,041

0.82

5,848


Note: Economic analysis conducted only on proven and probable mineral reserves. Thomas Dyer of Mine Development Associates is the Qualified Person responsible for developing mineral reserves for the Batman deposit. Dr. Deepak Malhotra of Resource Development Inc. is the Qualified Person responsible for the metallurgical data and program, and for developing mineral reserves for the heap leach. See "Cautionary Note to United States Investors" below.

Management Conference Call

A conference call with management to review our financial results for the third quarter ended September 30, 2019 and to discuss corporate and project activities is scheduled for October 24, 2019 at 4:30 p.m. EDT.

Participant Toll Free: 844-898-8648
Participant International: 647-689-4225
Conference ID: 1866315

This call will also be webcast and can be accessed at the following web location: http://event.on24.com/r.htm?e=2116870&s=1&k=E81C5C34A6233FBE5019BA517017F58D

This call will be archived and available at www.vistagold.com beginning October 24, 2019. An audio replay will be available for 21 days by calling toll-free in North America: 855-859-2056.

If you are unable to access the audio or phone-in on the day of the conference call, please email your questions to ir@vistagold.com.

All dollar amounts in this press release are in U.S. dollars, unless specified otherwise.

Technical Report on Mt Todd

For further information on the Project and the 2019 PFS, see the Technical Report entitled "NI 43-101 Technical Report Mt Todd Gold Project 50,000 tpd Preliminary Feasibility Study Northern Territory, Australia", with an effective date of September 10, 2019 and an issue date of October 7, 2019, 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 our reserve estimates, projected NPV5%, IRR and total gold recovery at Mt Todd; Mt. Todd being poised to be a major Australian gold producer, the Company's future advancement of the Project, the Company continuing to de-risk Mt Todd in a cost-effective manner while seeking to secure a development partner for the Project, management being able to obtain appropriate reward for the Company's shareholders, the Company continuing to effectively manage its working capital and seeking to use the sale of non-core assets such as the Company's used mill equipment, future option payments for the Guadalupe de los Reyes gold/silver project, and monetization of royalty interests held by the Company to fund future working capital needs, process improvements at the Project being substantially realized in actual production our belief that process improvement efforts will result in reduced estimated operating costs, increased gold recovery and higher gold production at Mt Todd; our forecasts of revenue, capital, and operating costs; our belief that the Mt Todd ore can be efficiently ground to a finer final product size with lower power consumption in the grinding circuit than estimated in the 2018 PFS; that leaching the 40µm size material will result in higher life-of-mine recoveries of 91.9% compared to 86.4% in the 2018 PFS, and an increase in total gold produced over the life of the mine; our belief that at the 40µm target grind size, the tail grade is nearly constant within specific grade ranges; 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.

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", "Probable Reserves" and "Proven & 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 the standards of the SEC's Industry Guide 7 and may not constitute reserves under the SEC's newly adopted disclosure rules to modernize mineral property disclosure requirements, which became effective February 25, 2019 and will be applicable to the Company in its fiscal year beginning January 1, 2021. Under the currently applicable 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. 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.

#VGZ: http://www.vistagold.com/

#VGZ: https://www.otcmarkets.com/stock/VGZ/overview

#VGZ: $Sliver will Rule...:-]

#VGZ: DOLLARLAND FOR GOOD ..

#VGZ: Here we go ..
https://www.zerohedge.com/news/2019-08-25/offshore-yuan-crashes-new-record-low-tests-pboc-peg-band

News: $VGZ Junior Miner Osceola Gold (OTC:OSCI) Readies for Full Scale Production with Nearly $4B in Reserves

Junior Miner Osceola Gold (OTC: OSCI) Readies for Full Scale Production with Nearly $4B in Reserves Fully permitted mine with equipment mobilized and imminent operations World ranked junior miner with highest quality ore of 15 g/t $3.93 billion in reserves Grossly undervalued –...

In case you are interested Junior Miner Osceola Gold (OTC:OSCI) Readies for Full Scale Production with Nearly $4B in Reserves

#VGZ: HOW ABOUT NEW 52 WEEK HIGH!

#VGZ: HOW ABOUT 10% GREEN MONDAY... $$$LAND...

#VGZ: http://vistagold.com/about/

#VGZ: https://twitter.com/Vista_GoldCorp

#VGZ: Chart

#VGZ: http://vistagold.investorroom.com

#VGZ: GOLD $ 2000... EOY...

Anyone expecting a jump soon?

Merry Christmas and HNY everyone.

The markets been down for days with enough people we can trend Gold and make it our focus. I do not know of any other gold stock ticker but this is my favorite. With DD and calaborative help we can get this up and even gold itself.


Best of luck


Victor

It seems the market has no use for miners with zero debt. Looked like the balance sheet improved quarterly and yearly. Maybe I just don't know how to read the financials. Might have to throw in the towel on this. $VGZ

how about now?

Looks good right here.... BUY BUY BUY

Had a finger on the buy button waiting on that EOD dump. Didn't come. Seller may be done now. Still under water a bit but expect that to change next week. A no debt miner at half a buck has to be a buy even in a market that isn't excited with gold right now. $VGZ

May have to double up tomorrow. Looked like my .52 bid wouldn't fill. Then it was slammed again at the close. I'm underwater just that quick! $VGZ