<SEC-DOCUMENT>0000783324-14-000066.txt : 20140909
<SEC-HEADER>0000783324-14-000066.hdr.sgml : 20140909
<ACCEPTANCE-DATETIME>20140909134955
ACCESSION NUMBER:		0000783324-14-000066
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20140909
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140909
DATE AS OF CHANGE:		20140909

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VISTA GOLD CORP
		CENTRAL INDEX KEY:			0000783324
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			B0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09025
		FILM NUMBER:		141092986

	BUSINESS ADDRESS:	
		STREET 1:		7961 SHAFFER PKWY
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127
		BUSINESS PHONE:		720-981-1185

	MAIL ADDRESS:	
		STREET 1:		7961 SHAFFER PKWY
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRANGES INC
		DATE OF NAME CHANGE:	19950602

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRANGES EXPLORATION LTD
		DATE OF NAME CHANGE:	19890619
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>vgz-20140909x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			<a name="A001"></a><a name="_GoBack"></a><font style="display: inline;font-weight:bold;font-size:10pt;">UNITED STATES</font><br /><font style="display: inline;font-weight:bold;font-size:10pt;">SECURITIES AND EXCHANGE COMMISSION</font><br /><font style="display: inline;font-weight:bold;font-size:10pt;">WASHINGTON, D.C. 20549</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;">_________________ </font>
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			<a name="A003"></a><font style="display: inline;font-weight:bold;">FORM 8-K</font><font style="display: inline;">&nbsp;</font>
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			<a name="A004"></a><font style="display: inline;font-weight:bold;">CURRENT REPORT</font><font style="display: inline;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">Pursuant to Section 13 or 15(d) of the </font><br /><font style="display: inline;font-size:10pt;">Securities Exchange Act of 1934 </font>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">Date of Report: </font><font style="display: inline;font-weight:bold;font-size:10pt;">September 8</font><font style="display: inline;font-weight:bold;font-size:10pt;">, 2014</font>
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			<font style="display: inline;font-size:10pt;">(Date of earliest event reported)</font>
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			<a name="A006"></a><font style="display: inline;font-weight:bold;font-size:13.5pt;">VISTA GOLD CORP. </font><br /><font style="display: inline;font-weight:bold;font-size:13.5pt;"></font><font style="display: inline;font-size:10pt;">(Exact Name of Registrant as Specified in Charter) </font>
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			<a name="A007"></a><font style="display: inline;font-weight:bold;font-size:10pt;">British Columbia</font><font style="display: inline;font-weight:bold;font-size:10pt;">, Canada </font><br /><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">(State or Other Jurisdiction of Incorporation) </font>
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						<font style="display: inline;font-weight:bold;font-size:10pt;">1-9025</font><br /><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">(Commission File Number) </font></p>
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						<font style="display: inline;font-weight:bold;font-size:10pt;">Not Applicable</font><br /><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">(IRS Employer Identification No.) </font></p>
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			<br /><font style="display: inline;"></font><a name="A009"></a><font style="display: inline;font-weight:bold;font-family:Times New Roman;font-weight:bold;text-transform:uppercase;font-size:10pt;">7961 Shaffer parkway, suite 5, littleton, colorado 80127</font>
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			<font style="display: inline;font-size:10pt;">(Address of Principal Executive Offices and Zip Code)</font>
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			<font style="display: inline;font-size:10pt;">Registrant&#x2019;s telephone number, including area code:&nbsp;&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">(720) 981-1185</font>
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			<a name="A011"></a><font style="display: inline;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </font>
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						<font style="display: inline;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
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						<font style="display: inline;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
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						<font style="display: inline;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
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						<font style="display: inline;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
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		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;"></font><a name="A012"></a>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:10pt;">Item 7.01&nbsp;&nbsp;Regulation FD</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">On </font><font style="display: inline;font-size:10pt;">September 8</font><font style="display: inline;font-size:10pt;">, 2014</font><font style="display: inline;font-size:10pt;">, the Registrant issued a press release announcing</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">that </font><font style="display: inline;font-size:10pt;">the Environmental Impact Statement for the Mt. Todd gold project located in Northern Territory, Australia, was approved.</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;"> A copy of the press release is attached to this report as Exhibit&nbsp;99.1. In accordance with General Instruction B.2 of Form&nbsp;8-K, the information set forth herein and in the press release is deemed to be &#x201C;furnished&#x201D; and shall not be deemed to be &#x201C;filed&#x201D; for purposes of the Securities Exchange Act of 1934, as amended and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.&nbsp;&nbsp;The information set forth in Item 7.01 of this report shall not be deemed an admission as to the materiality of any information in this report on Form&nbsp;8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.</font>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">Item 9.01&nbsp;&nbsp;Exhibits</font>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">99.1</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Press Release dated </font><font style="display: inline;font-size:10pt;">September 8</font><font style="display: inline;font-size:10pt;">, &nbsp;</font><font style="display: inline;font-size:10pt;">2014</font><font style="display: inline;font-size:10pt;">*</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">*The Exhibit relating to Item 7.01 is intended to be furnished to, not filed with, the SEC pursuant to Regulation FD.</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">SIGNATURES</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. </font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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						<font style="display: inline;font-size:10pt;">&nbsp; &nbsp;</font></p>
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						<font style="display: inline;font-weight:bold;font-size:10pt;">VISTA GOLD CORP.</font><br /><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">(Registrant) </font></p>
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						<font style="display: inline;font-size:10pt;">Dated:&nbsp;</font><font style="display: inline;font-size:10pt;">September</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;"> &nbsp;9</font><font style="display: inline;font-size:10pt;">, 2014</font></p>
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						&nbsp;</p>
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						<font style="display: inline;font-size:10pt;">By: </font><font style="display: inline;font-size:10pt;text-decoration:underline;"> /s/John F. Engele</font></p>
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">John F. Engele</font></p>
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Chief Financial Officer</font></p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>vgz-20140909ex99181d8d0.htm
<DESCRIPTION>EX-99.1
<TEXT>
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			vgz - 201499 - Q2 Mt Todd EIS EX 991
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			<a name="_GoBack"></a><font style="display: inline;font-family:Times New Roman;font-weight:bold;">EXHIBIT 99.1</font>
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						<font style="display: inline;"><img src="vgz-20140909ex99181d8d0g1.jpg" style="width: 1.572917in; height: 1.010417in" alt="g115341mmi001.jpg"></font></p>
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						<font style="display: inline;">7961 Shaffer Parkway </font></p>
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						<font style="display: inline;">Suite 5</font></p>
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						<font style="display: inline;">Littleton, CO&nbsp;&nbsp;80127</font></p>
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						<font style="display: inline;">Phone:&nbsp;&nbsp;720-981-1185</font></p>
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						<font style="display: inline;">Fax:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720-981-1186</font></p>
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						<font style="display: inline;">Trading Symbol:&nbsp; </font><font style="display: inline;font-weight:bold;">VGZ </font></p>
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						<font style="display: inline;font-weight:bold;">Toronto and NYSE MKT Stock Exchanges</font></p>
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			<font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;;font-size: 11pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;"></font><font style="display: inline;font-family:Times New Roman;;font-size: 11pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;"></font><font style="display: inline;font-family:Times New Roman;;font-size: 11pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;"></font><font style="display: inline;font-family:Times New Roman;"></font>
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			<font style="display: inline;font-family:Times New Roman;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:24pt;">__________________ NEWS _________________ </font>
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			<font style="display: inline;font-family:Cambria;font-size:12pt;">&nbsp;</font>
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			<font style="display: inline;font-weight:bold;font-family:Times New Roman;font-weight:bold;text-transform:uppercase;font-size:12pt;">Vista Gold Corp. </font><font style="display: inline;font-weight:bold;font-family:Times New Roman;font-weight:bold;text-transform:uppercase;font-size:12pt;">ANNOUNCES</font><font style="display: inline;font-weight:bold;font-family:Times New Roman;font-weight:bold;text-transform:uppercase;font-size:12pt;">&nbsp;</font><font style="display: inline;font-weight:bold;font-family:Times New Roman;font-weight:bold;text-transform:uppercase;font-size:12pt;">APPROVAL OF MT TODD ENVIRONMENTAL </font><font style="display: inline;font-weight:bold;font-family:Times New Roman;font-weight:bold;text-transform:uppercase;font-size:12pt;">Impact Statement</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">Denver, Colorado, </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">September 8</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">, 201</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">4</font><font style="display: inline;font-family:Times New Roman;"> &#x2013; Vista Gold Corp. (TSX &amp; NYSE MKT: VGZ) (</font><font style="display: inline;font-family:Times New Roman;">&#x201C;</font><font style="display: inline;font-family:Times New Roman;">Vista</font><font style="display: inline;font-family:Times New Roman;">&#x201D;</font><font style="display: inline;font-family:Times New Roman;"> or the </font><font style="display: inline;font-family:Times New Roman;">&#x201C;</font><font style="display: inline;font-family:Times New Roman;">Company</font><font style="display: inline;font-family:Times New Roman;">&#x201D;</font><font style="display: inline;font-family:Times New Roman;">) today announced that </font><font style="display: inline;font-family:Times New Roman;">the</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">Environmental Impact Statement (&#x201C;EIS&#x201D;) for the Mt Todd gold project</font><font style="display: inline;font-family:Times New Roman;"> (the &#x201C;Project&#x201D;)</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">located in the Northern Territory of Australia </font><font style="display: inline;font-family:Times New Roman;">has been approved.&nbsp;&nbsp;The EIS has been </font><font style="display: inline;font-family:Times New Roman;">the subject of an</font><font style="display: inline;font-family:Times New Roman;"> exhaustive review</font><font style="display: inline;font-family:Times New Roman;"> process</font><font style="display: inline;font-family:Times New Roman;"> by the Northern Territory Environmental Protection Authority</font><font style="display: inline;font-family:Times New Roman;"> (&#x201C;NT EPA&#x201D;)</font><font style="display: inline;font-family:Times New Roman;">, which included public consultation</font><font style="display: inline;font-family:Times New Roman;">. &nbsp;</font><font style="display: inline;font-family:Times New Roman;">In its formal notification to the Company, the NT EPA has advised that it has assessed the environmental impacts of the Mt Todd </font><font style="display: inline;font-family:Times New Roman;">gold mine </font><font style="display: inline;font-family:Times New Roman;">and concluded that </font><font style="display: inline;font-family:Times New Roman;">it </font><font style="display: inline;font-family:Times New Roman;">can proceed, subject to a number of recommendations which are outlined in the Assessment Report.</font>
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			<font style="display: inline;font-family:Times New Roman;">Fred Earnest, Vista&#x2019;s President and CEO commented, &#x201C;We are pleased with the accomplishment of th</font><font style="display: inline;font-family:Times New Roman;">is</font><font style="display: inline;font-family:Times New Roman;"> significant milestone.&nbsp;&nbsp;This </font><font style="display: inline;font-family:Times New Roman;">m</font><font style="display: inline;font-family:Times New Roman;">arks the conclusion of a </font><font style="display: inline;font-family:Times New Roman;">rigorous</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">environmental risk assessment and review </font><font style="display: inline;font-family:Times New Roman;">process that started in 2011</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;"> Vista now has </font><font style="display: inline;font-family:Times New Roman;">a</font><font style="display: inline;font-family:Times New Roman;"> key </font><font style="display: inline;font-family:Times New Roman;">legal entitlement required to move forward with</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">the Mt Todd </font><font style="display: inline;font-family:Times New Roman;">gold </font><font style="display: inline;font-family:Times New Roman;">project at the appropriate time.&#x201D; </font>
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			<font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;">Mr</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;"> Earnest added, &#x201C;</font><font style="display: inline;font-family:Times New Roman;">With </font><font style="display: inline;font-family:Times New Roman;">the </font><font style="display: inline;font-family:Times New Roman;">successful completion of the</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">EIS</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">process</font><font style="display: inline;font-family:Times New Roman;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;">the </font><font style="display: inline;font-family:Times New Roman;">permitting risk </font><font style="display: inline;font-family:Times New Roman;">is substantially reduced </font><font style="display: inline;font-family:Times New Roman;">and </font><font style="display: inline;font-family:Times New Roman;">the </font><font style="display: inline;font-family:Times New Roman;">development timeline </font><font style="display: inline;font-family:Times New Roman;">at Mt Todd</font><font style="display: inline;font-family:Times New Roman;"> is well defined.</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">This sets Mt Todd apart from </font><font style="display: inline;font-family:Times New Roman;">most </font><font style="display: inline;font-family:Times New Roman;">other large undeveloped gold projects. </font><font style="display: inline;font-family:Times New Roman;">Our next steps will focus on obtaining the necessary approvals under the Environmental Protection and Biodiversity Conservation Act 1999</font><font style="display: inline;font-family:Times New Roman;"> (&#x201C;EPBC Act&#x201D;) </font><font style="display: inline;font-family:Times New Roman;"> from the federal government (as it relates to the Gouldian Finch) and then turn our efforts </font><font style="display: inline;font-family:Times New Roman;">to obtaining the mine operating permit (known as the Mine Management Plan or &#x201C;MMP&#x201D;) from the NT Department of Mines and Energy.&nbsp; </font><font style="display: inline;font-family:Times New Roman;">Because the </font><font style="display: inline;font-family:Times New Roman;">EIS </font><font style="display: inline;font-family:Times New Roman;">was based on</font><font style="display: inline;font-family:Times New Roman;"> a 50,000 tonne per day operation </font><font style="display: inline;font-family:Times New Roman;">and thus the largest possible impact, we have</font><font style="display: inline;font-family:Times New Roman;"> the flexibility to scale the </font><font style="display: inline;font-family:Times New Roman;">Project </font><font style="display: inline;font-family:Times New Roman;">down initially, if the economics of a smaller project prove </font><font style="display: inline;font-family:Times New Roman;">to be </font><font style="display: inline;font-family:Times New Roman;">more compelling</font><font style="display: inline;font-family:Times New Roman;"> and undertake an expansion of the project at a later date, if justified</font><font style="display: inline;font-family:Times New Roman;">. &nbsp;</font><font style="display: inline;font-family:Times New Roman;">Our plan is to</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">continue to evaluate opportunities to optimize and improve the Mt Todd</font><font style="display: inline;font-family:Times New Roman;"> gold</font><font style="display: inline;font-family:Times New Roman;"> project </font><font style="display: inline;font-family:Times New Roman;">pending </font><font style="display: inline;font-family:Times New Roman;">a</font><font style="display: inline;font-family:Times New Roman;">n improved g</font><font style="display: inline;font-family:Times New Roman;">old price that will allow us to </font><font style="display: inline;font-family:Times New Roman;">seek to </font><font style="display: inline;font-family:Times New Roman;">develop the project and </font><font style="display: inline;font-family:Times New Roman;">potentially </font><font style="display: inline;font-family:Times New Roman;">achieve the economic returns that our shareholders expect.&#x201D;</font>
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			<font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;">The Company </font><font style="display: inline;font-family:Times New Roman;">has started</font><font style="display: inline;font-family:Times New Roman;"> planning for the submission of the documents required </font><font style="display: inline;font-family:Times New Roman;">for the authorization required under the EPBC</font><font style="display: inline;font-family:Times New Roman;"> Act</font><font style="display: inline;font-family:Times New Roman;"> and </font><font style="display: inline;font-family:Times New Roman;">for the approval of the </font><font style="display: inline;font-family:Times New Roman;">MMP</font><font style="display: inline;font-family:Times New Roman;">.&nbsp;&nbsp;The </font><font style="display: inline;font-family:Times New Roman;">NT EPA Assessment Report</font><font style="display: inline;font-family:Times New Roman;"> includes </font><font style="display: inline;font-family:Times New Roman;">28 recommendations which are to be addressed as part of the MMP.&nbsp;&nbsp;Included in the</font><font style="display: inline;font-family:Times New Roman;">se</font><font style="display: inline;font-family:Times New Roman;"> recommendations are four that relate directly to the </font><font style="display: inline;font-family:Times New Roman;">Gouldian Finch</font><font style="display: inline;font-family:Times New Roman;">.&nbsp;&nbsp;Vista estimates </font><font style="display: inline;font-family:Times New Roman;">that authorization under the EPBC Act will require 3-4 months from the submission of documents and </font><font style="display: inline;font-family:Times New Roman;">that approval of the MMP will require approximately 6 months from the submission of the plan.&nbsp;&nbsp;At this time</font><font style="display: inline;font-family:Times New Roman;">, Vista </font><font style="display: inline;font-family:Times New Roman;">intends to undertake studies </font><font style="display: inline;font-family:Times New Roman;">in the 2</font><font style="display: inline;font-family:Times New Roman;font-size:6pt;top:-4.4pt;position:relative;line-height:100%">nd</font><font style="display: inline;font-family:Times New Roman;"> quarter of 2015</font><font style="display: inline;font-family:Times New Roman;"> for the EPBC</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">Act</font><font style="display: inline;font-family:Times New Roman;"> authorization</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;"> &nbsp; &nbsp;</font><font style="display: inline;font-family:Times New Roman;">P</font><font style="display: inline;font-family:Times New Roman;">reparation of the </font><font style="display: inline;font-family:Times New Roman;">MMP</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">will continue internally and we plan to have it ready to submit when </font><font style="display: inline;font-family:Times New Roman;">there are signs of a </font><font style="display: inline;font-family:Times New Roman;">sustained </font><font style="display: inline;font-family:Times New Roman;">recovery in the gold market.</font>
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			<font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">Management Conference Call</font>
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			<font style="display: inline;font-family:Times New Roman;">A conference call with management to discuss </font><font style="display: inline;font-family:Times New Roman;">the significance of the approval of the Mt Todd EIS and to provide an update on </font><font style="display: inline;font-family:Times New Roman;">corporate and project activities is scheduled for </font><font style="display: inline;font-family:Times New Roman;">Friday, September 12, 2014 </font><font style="display: inline;font-family:Times New Roman;">at 9:30 a.m. MDT.</font>
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		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;;font-size: 11pt"><font style="display: inline;font-family:Times New Roman;">Toll-free in North America: 1-866-233-5249 </font>
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			<font style="display: inline;font-family:Times New Roman;">International:&nbsp;&nbsp;416-642-3300</font>
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			<font style="display: inline;font-family:Times New Roman;">This call will also be web-cast and can be accessed at the following web location:</font>
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		<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;">http://www.snwebcastcenter.com/webcast/vistagold/2014/0912/</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
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		<p style="margin:0pt 0pt 10pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;">This call will be archived and available at </font><font style="display: inline;font-family:Times New Roman;">www.vistagold.com</font><font style="display: inline;font-family:Times New Roman;"> after September 12, 2014.&nbsp;&nbsp;Audio replay will be available for 21 days by calling toll-free in North America: 1-866-245-6755, passcode 354468.</font>
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		<p style="margin:0pt 0pt 10pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;">If you are unable to access the audio or phone-in on the day of the conference call, please email questions to Connie Martinez, Manager &#x2013; Investor Relations (email: </font><font style="display: inline;font-family:Times New Roman;">connie@vistagold.com</font><font style="display: inline;font-family:Times New Roman;">), and we will try to address these questions prior to or during the conference call.</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">About Vista Gold Corp.</font>
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			<font style="display: inline;font-family:Times New Roman;">Vista&#x2019;s principal asset </font><font style="display: inline;font-family:Times New Roman;">is</font><font style="display: inline;font-family:Times New Roman;"> its flagship Mt Todd gold project in Northern Territory, Australia</font><font style="display: inline;font-family:Times New Roman;">.&nbsp;&nbsp;We also hold </font><font style="display: inline;font-family:Times New Roman;">1</font><font style="display: inline;font-family:Times New Roman;">1</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;">2</font><font style="display: inline;font-family:Times New Roman;">% &nbsp;</font><font style="display: inline;font-family:Times New Roman;">of the outstanding common shares of </font><font style="display: inline;font-family:Times New Roman;">Midas</font><font style="display: inline;font-family:Times New Roman;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;">non-core projects in Mexico and </font><font style="display: inline;font-family:Times New Roman;">the United States and</font><font style="display: inline;font-family:Times New Roman;"> royalty interests in projects in Bolivia and Indonesia.&nbsp; </font><font style="display: inline;font-family:Times New Roman;">For more information about our projects, including technical studies and resource estimates, please visit our website at</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">www.vistagold.com</font><font style="display: inline;font-family:Times New Roman;">.</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">Forward Looking Statements</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 9pt">
			<font style="display: inline;font-family:Times New Roman;font-size:9pt;">This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended, and forward-looking information within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">as </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">the Mt Todd gold project proceeding with the recommendations in the Assessment Report, permitting risk being reduced, development timelines, timing and potential approval under the EPBC</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> Act</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">, timing and approval of the MMP, the </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">P</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">roject having the flexibility to be scaled down economically and then have production expanded at a later date, the anticipated timeline to develop the </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">P</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">roject, development of the </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">P</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">roject leading to economic returns</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> that</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> shareholders</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> expect</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">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: </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">assumed timing for regulatory approvals and studies, </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">approved business plans, anticipated and estimated costs and budget expenditures to continue to optimize and advance the Company&#x2019;s core assets, the perceived extent and duration of the current weakness of gold equity securities and other such matters.&nbsp; When used in this press release, the words &#x201C;optimistic,&#x201D; &#x201C;potential,&#x201D; &#x201C;indicate,&#x201D; &#x201C;expect,&#x201D; &#x201C;intend,&#x201D; &#x201C;hopes,&#x201D; &#x201C;believe,&#x201D; &#x201C;may,&#x201D; &#x201C;will,&#x201D; &#x201C;if,&#x201D; &#x201C;anticipate,&#x201D; &#x201C;would,&#x201D; &#x201C;could,&#x201D; and similar expressions are intended to identify forward-looking statements and forward-looking information.&nbsp; These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.&nbsp; Such factors include, among others, </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">risks relating to</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs;&nbsp; risks related to the timing and the ability to obtain approval of t</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">he necessary permits for the Mt</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> Todd gold project,</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> risks and costs associated with completions of studies required for permitting, </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista&#x2019;s operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings &#x201C;Note Regarding Forward-Looking Statements&#x201D; and &#x201C;Risk Factors&#x201D; in Vista&#x2019;s Annual Report Form 10-K as filed on March 1</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">7</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">, 201</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">4</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.&nbsp; Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.&nbsp; Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;">For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company</font><font style="display: inline;font-family:Times New Roman;">&#x2019;</font><font style="display: inline;font-family:Times New Roman;">s website at </font><font style="display: inline;font-family:Times New Roman;">www.vistagold.com</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:100%;font-family:Calibri;font-size: 11pt">

			<font style="display: inline;font-family:Times New Roman;">- &nbsp;</font><font style="display: inline;font-family:Times New Roman;">2</font><font style="display: inline;font-family:Times New Roman;"> &nbsp;-</font>

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