<SEC-DOCUMENT>0000783324-16-000066.txt : 20160401
<SEC-HEADER>0000783324-16-000066.hdr.sgml : 20160401
<ACCEPTANCE-DATETIME>20160401112752
ACCESSION NUMBER:		0000783324-16-000066
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20160401
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160401
DATE AS OF CHANGE:		20160401

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:		161545581

	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-20160401x8k.htm
<DESCRIPTION>8-K
<TEXT>
<!--HTML document created with Merrill Bridge  6.1.177.0-->
<!--Created on: 4/1/2016 9:26:11 AM-->
<html>
	<head>
		<title>
			ATO rebate 040116
		</title>
	</head>
	<body><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;"></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;">
		<p style="margin:5pt 0pt;text-align:center;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<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>
		</p>
		<p style="margin:5pt 0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<font style="display:inline;">_________________ </font>
		</p>
		<p style="margin:5pt 0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<a name="A003"></a><font style="display:inline;font-weight:bold;">FORM 8-K</font><font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:5pt 0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<a name="A004"></a><font style="display:inline;font-weight:bold;">CURRENT REPORT</font><font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:5pt 0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<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>
		</p>
		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-weight:bold;font-size:10pt;">Date of Report: </font><font style="display:inline;font-weight:bold;font-size:10pt;">March 29, 2016</font>
		</p>
		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">(Date of earliest event reported)</font>
		</p>
		<p style="margin:5pt 0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 13pt;">
			<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>
		</p>
		<p style="margin:5pt 0pt;text-align:center;border-top:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<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>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
			<tr style="CellSpacing:0;">
				<td valign="top" style="width:50.00%;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<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>
				</td>
				<td valign="top" style="width:50.00%;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<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>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:center;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<br /><font style="display:inline;"></font><a name="A009"></a><font style="display:inline;font-family:Times New Roman Bold;font-weight:bold;text-transform:uppercase;font-size:10pt;">7961 Shaffer parkway, suite 5, littleton, colorado 80127</font>
		</p>
		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">(Address of Principal Executive Offices and Zip Code)</font>
		</p>
		<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<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>
		</p>
		<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<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>
		</p>
		<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
			<tr style="CellSpacing:0;">
				<td valign="top" style="width:05.00%;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 16pt;">
						<font style="display:inline;font-size:16pt;">&#x25A1;</font></p>
				</td>
				<td valign="top" style="width:auto;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp; &nbsp;</font></p>
				</td>
				<td valign="top" style="width:95.00%;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<br /><font style="display:inline;"></font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
			<tr style="CellSpacing:0;">
				<td valign="top" style="width:05.00%;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 16pt;">
						<font style="display:inline;font-size:16pt;">&#x25A1;</font></p>
				</td>
				<td valign="top" style="width:auto;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp; &nbsp;</font></p>
				</td>
				<td valign="top" style="width:95.00%;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<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>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<br /><font style="display:inline;"></font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
			<tr style="CellSpacing:0;">
				<td valign="top" style="width:05.00%;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 16pt;">
						<font style="display:inline;font-size:16pt;">&#x25A1;</font></p>
				</td>
				<td valign="top" style="width:auto;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp; &nbsp;</font></p>
				</td>
				<td valign="top" style="width:95.00%;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<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>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<br /><font style="display:inline;"></font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
			<tr style="CellSpacing:0;">
				<td valign="top" style="width:05.00%;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 16pt;">
						<font style="display:inline;font-size:16pt;">&#x25A1;</font></p>
				</td>
				<td valign="top" style="width:auto;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp; &nbsp;</font></p>
				</td>
				<td valign="top" style="width:95.00%;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<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>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<a name="A012"></a><font style="display:inline;font-weight:bold;font-size:10pt;"></font></p></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;">
		<p><font size="1"> </font></p></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;"></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;"><p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"><font style="display:inline;font-weight:bold;font-size:10pt;">Item 7.01&nbsp;&nbsp;Regulation FD</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">On March 29, 2016, the Registrant issued a press release announcing that it received an additional A$992,000 (approximately US$748,000) Research &amp; Development (&#x201C;</font><font style="display:inline;font-weight:bold;font-size:10pt;">R&amp;D</font><font style="display:inline;font-size:10pt;">&#x201D;) Tax Incentive refund related to costs it incurred during the 2014 fiscal year.</font><font style="display:inline;font-size:10pt;"> &nbsp;The refund was paid under the Australian Government&#x2019;s R&amp;D Tax Incentive Program</font><font style="display:inline;font-size:10pt;">.</font><font style="display:inline;font-size:10pt;"> &nbsp;The Registrant </font><font style="display:inline;font-size:10pt;">also provided an update on its request for authorization under the Australian Environmental Protection and Biodiversity Conservation Act of 1999 that is related to the Gouldian Finch and its habitat northwest of the Mt Todd gold project area.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<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>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-weight:bold;font-size:10pt;">Item </font><font style="display:inline;font-weight:bold;font-size:10pt;">9.01&nbsp;&nbsp;Exhibits</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<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,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;font-size:10pt;">Press Release </font><font style="display:inline;font-size:10pt;">dated </font><font style="display:inline;font-size:10pt;">March 29, 2016</font><font style="display:inline;font-size:10pt;">*</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<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>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-weight:bold;font-size:10pt;">SIGNATURES</font><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<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>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:225.70pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:225.75pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:225.70pt;height:37.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:225.75pt;height:37.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<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>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:225.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">Dated:&nbsp; </font><font style="display:inline;font-size:10pt;">April 1</font><font style="display:inline;font-size:10pt;">, 2016</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:225.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">By:</font><font style="display:inline;font-size:10pt;">&nbsp;</font><font style="display:inline;font-size:10pt;text-decoration:underline;">/s/John F. Engele</font><font style="display:inline;font-size:10pt;">&nbsp;</font><font style="display:inline;font-size:10pt;text-decoration:underline;">&nbsp;</font></p>
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">John F. Engele</font></p>
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">Chief Financial Officer</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<font style="display:inline;">&nbsp;</font>
		</p></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:13.2352941176471%;margin-right:14.7058823529412%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr></div>
	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>vgz-20160401ex9910620f0.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!--HTML document created with Merrill Bridge  6.1.177.0-->
<!--Created on: 4/1/2016 9:26:18 AM-->
<html>
	<head>
		<title>
			Press Release 28MAR16 - RD Rebate and Mt Todd EPBC Update (rev 5) CLEAN
		</title>
	</head>
	<body><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;"></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;">
		<p style="margin:0pt;text-align:right;line-height:115%;font-family:Calibri;font-size: 11pt;">
			<a name="_GoBack"></a><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">EXHIBIT 99.1</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:522.90pt;font-family:Times New Roman,Times,serif;margin-left:0pt;">
			<tr>
				<td rowspan="2" valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:126.90pt;height:24.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:115%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display:inline;font-size:10pt;"><img src="vgz20160401ex9910620f0001.jpg" style="width: 1.572917in; height: 1.010417in" alt="g115341mmi001.jpg"></font></p>
				</td>
				<td rowspan="2" valign="bottom" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:148.50pt;height:24.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">7961 Shaffer Parkway </font></p>
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">Suite 5</font></p>
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">Littleton, CO&nbsp;&nbsp;80127</font></p>
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">Phone:&nbsp;&nbsp;720-981-1185</font></p>
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">Fax:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720-981-1186</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:247.50pt;height:37.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">Trading Symbol:&nbsp; </font><font style="display:inline;font-weight:bold;font-size:10pt;">VGZ </font></p>
					<p style="margin:0pt;line-height:115%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-weight:bold;font-size:10pt;">Toronto and NYSE MKT Stock Exchanges</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:right;line-height:115%;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 24pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:24pt;">__________________</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:24pt;"> NEWS _______________</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:24pt;">__</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:24pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 12pt;">
			<font style="display:inline;font-size:12pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 6pt;text-align:center;line-height:115%;font-family:Calibri;font-size: 12pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:12pt;">Vista Gold Corp. Announces </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:12pt;">Receipt of </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:12pt;">Additional </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:12pt;">A$</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:12pt;">992,000</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:12pt;"> Net Tax Refund under the Australian Government&#x2019;s R&amp;D Incentive Program and Provides Update on EPBC Authorization Process</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">Denver, Colorado, </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">March </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">29</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">, 201</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">6</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;"> - </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Vista Gold Corp. (the &#x201C;Company,&#x201D; &#x201C;we&#x201D; or &#x201C;our&#x201D;) (NYSE MKT and TSX: VGZ) today announced</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">that it has received an</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> additional</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> A$</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">992,000</font><font style="display:inline;font-family:Times New Roman,Times,serif;"> (approximately US$</font><font style="display:inline;font-family:Times New Roman,Times,serif;">74</font><font style="display:inline;font-family:Times New Roman,Times,serif;">8</font><font style="display:inline;font-family:Times New Roman,Times,serif;">,000</font><font style="display:inline;font-family:Times New Roman,Times,serif;">) Research &amp; Development (&#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">R&amp;D</font><font style="display:inline;font-family:Times New Roman,Times,serif;">&#x201D;) Tax Incentive refund, net of costs to prepare and file. This refund is related to costs we incurred </font><font style="display:inline;font-family:Times New Roman,Times,serif;">during</font><font style="display:inline;font-family:Times New Roman,Times,serif;"> the 201</font><font style="display:inline;font-family:Times New Roman,Times,serif;">4</font><font style="display:inline;font-family:Times New Roman,Times,serif;"> fiscal year.</font><font style="display:inline;font-family:Times New Roman,Times,serif;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;">&nbsp;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Frederick H. Earnest, President and Chief Executive Off</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">icer, commented, &#x201C;Th</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">e</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">2014 fiscal year </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">R&amp;D </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">refund</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">applies to the continuation of programs from 2012 </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">and</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> 2013 related to our </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">implementation of</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> innovative solutions to the challenges </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">of water management at the Mt Todd gold project</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">. &nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Our water management expenditures in 2014 were considerably less than the </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">expenditures</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> that were made in the </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">two </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">previous years.&nbsp;&nbsp;We now have several years of successful implementation of the methods and protocols that we developed and we are very pleased </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">to see </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">that these methods and protocols are now being implemented by other Northern Territory mining operations with simila</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">r water management challenges.&#x201D;&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,Times,serif;">Regarding the Company&#x2019;s request for authorization under the Australian Environmental Protection and Biodiversity Conservation Act of 1999 (the &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">EPBC</font><font style="display:inline;font-family:Times New Roman,Times,serif;">&#x201D;), the Australian Commonwealth Department of Environment (the &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">DoE</font><font style="display:inline;font-family:Times New Roman,Times,serif;">&#x201D;) has requested additional modelling and testing information from us as part of their review.&nbsp;&nbsp;To provide such information, the Company is working with its consultants to define the scope of the work and initiate the required studies as soon as possible.&nbsp;&nbsp;It is expected that the Company will be in a position to provide the DoE with the requested additional information by the end of the 3</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:6pt;top:-4.4pt;position:relative;line-height:100%">rd</font><font style="display:inline;font-family:Times New Roman,Times,serif;"> quarter of this year.</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">In respect of </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">the request from the DoE for additional information </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Mr. Earnest </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">commented</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">, &#x201C;Our request for authorization under the EPBC is specifically related to the Gouldian Finch and its habitat northwest of the Mt Todd </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">gold </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">project area.&nbsp;&nbsp;The DoE has requested additional dust modelling and laboratory testing to determine the threshold limit for dust exposure for the Gouldian Finch.&nbsp; </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Because </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">we are</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> committed to ensuring the welfare of all native species in the project area</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">, including the Gouldian Finch, </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">we designed the project </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">to meet </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">more stringent dust controls and standards</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> than required</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">, which we </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">believed</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> would</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> have</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> preclude</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">d</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> the</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">DoE</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">&#x2019;s</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">request </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">for this additional testing.&nbsp;&nbsp;We are confident that the additional testing will</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> establish the validity of our assumptions.&nbsp;&nbsp;We intend to use part of the recently received R&amp;D Tax Incentive refund to fund the laboratory testing and modelling that will be required to satisfy the request of the DoE.&#x201D;</font>
		</p>
		<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,Times,serif;font-weight:bold;"></font></p></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;">
		<p><font size="1"> </font></p></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;"></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;"><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,Times,serif;font-weight:bold;">A</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">bout Vista Gold Corp.</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;">The Company</font><font style="display:inline;font-family:Times New Roman,Times,serif;"> is a well-funded gold project developer.</font><font style="display:inline;font-family:Times New Roman,Times,serif;"> Our </font><font style="display:inline;font-family:Times New Roman,Times,serif;">principal asset </font><font style="display:inline;font-family:Times New Roman,Times,serif;">is</font><font style="display:inline;font-family:Times New Roman,Times,serif;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;">our </font><font style="display:inline;font-family:Times New Roman,Times,serif;">flagship Mt Todd gold project in Northern Territory, </font><font style="display:inline;font-family:Times New Roman,Times,serif;">Australia</font><font style="display:inline;font-family:Times New Roman,Times,serif;"> where we continue to work to identify opportunities to improve project economics with the goal of moving the project closer to development</font><font style="display:inline;font-family:Times New Roman,Times,serif;">.</font><font style="display:inline;font-family:Times New Roman,Times,serif;"> We also hold approximately 4.</font><font style="display:inline;font-family:Times New Roman,Times,serif;">4</font><font style="display:inline;font-family:Times New Roman,Times,serif;">% &nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;">of the outstanding common shares of </font><font style="display:inline;font-family:Times New Roman,Times,serif;">Midas</font><font style="display:inline;font-family:Times New Roman,Times,serif;">, &nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;">non-core projects in Mexico and </font><font style="display:inline;font-family:Times New Roman,Times,serif;">the United States and</font><font style="display:inline;font-family:Times New Roman,Times,serif;"> royalty interests in Indonesia. </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">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,Times,serif;color:#000000;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;">www.vistagold.com</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">.</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;">&nbsp;</font>
		</p>
		<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,Times,serif;">For further information, please contact Connie Martinez at (720) 981-1185.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;line-height:115%;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;line-height:115%;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">Forward Looking Statements</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;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,Times,serif;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.&nbsp;&nbsp;All statements, other than statements of historical facts, included in this press release that address activities, events or developments that </font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">we expect</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;"> or anticipate will or may occur in the future, including such things as, the Company being </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">in a position </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">to provide the DoE with the requested additional modelling and testing information </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;">to determine the threshold limit for dust exposure for the Gouldian Finch </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">by</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">the </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">third quarter of this </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">year; </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;">that the additional testing will establish the validity of our assumptions with respect to the dust controls and standards we have designed for the Mt Todd </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;">gold </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;">project; and our intent to use part of the recently received R&amp;D Tax Incentive refund to fund the laboratory testing and modelling</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;">; &nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">and other such matters are forward-looking statements and forward-looking information.&nbsp;&nbsp;The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this press release include the following: our approved business plans, exploration and assay results, mineral resource and reserve estimates and results of preliminary economic assessments, and pre-feasibility studies on our projects, if any.&nbsp;&nbsp;When used in this press release, the words </font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">optimistic,</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">potential,</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">indicate,</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">expect,&#x201D;</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;"> &nbsp;&#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">intend,</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">hopes,</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">believe,</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">may,</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">will,</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">if,</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">anticipate,&#x201D; and similar expressions are intended to identify forward-looking statements and forward-looking information.&nbsp;&nbsp;These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of </font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">the Company</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;"> to be materially different from any future results, performance or achievements expressed or implied by such statements.&nbsp;&nbsp;Such factors include, among others, uncertainty of resource </font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">and reserve </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">estimates, uncertainty as to the Company&#x2019;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 </font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">our</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;"> 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 </font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">Note Regarding Forward-Looking Statements</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;"> and </font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">Risk Factors</font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">&#x201D;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;"> in </font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">the Company&#x2019;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;">s latest Annual Report on Form 10-K as filed on February 26, 2016 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.&nbsp;&nbsp;Although </font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">we have</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;"> 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;&nbsp;Except as required by law, </font><font style="color:#0000FF;display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;text-decoration:none;">we assume</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:9pt;"> 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 0pt 10pt;text-align:justify;text-justify:inter-ideograph;line-height:115%;font-family:Calibri;font-size: 11pt;">
			<a name="_DV_M121"></a><a name="_DV_M122"></a><a name="_DV_M123"></a><a name="_DV_M124"></a><a name="_DV_M125"></a><a name="_DV_M126"></a><a name="_DV_M127"></a><a name="_DV_M128"></a><a name="_DV_M129"></a><a name="_DV_M130"></a><a name="_DV_M131"></a><a name="_DV_M132"></a><font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;text-align:justify;text-justify:inter-ideograph;line-height:115%;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;">&nbsp;</font>
		</p></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;">
		<p><font size="1"> </font></p></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr></div>
	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>vgz20160401ex9910620f0001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 vgz20160401ex9910620f0001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!P@'!@H(" @+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!# 0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P  1" !A )<# 2(  A$! Q$!_\0
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M_P!^6_QK<K)O-?BLM0BL)+.Y:>;F,1A6W#\^/QH:2W8DVR'[/XH_Y_\ 3_\
MORW^-'V?Q1_S_P"G_P#?EO\ &MF-F= S(8R>JD@D?E3Z?+YAS'.7S>)K&QFN
MGO;!EA0N5$+9./QK<LI6GL8)GQNDC5CCU(S57Q!_R+]__P!<&_E4^F?\@NT_
MZX)_Z"*$K2L#U1:HHHJR0HHHH **** "BBB@ HHHH *Q-=_Y"VB?]?1_]!-;
M=8FN_P#(6T3_ *^C_P"@FHGL5'</%NG?VCH4NU<RP?O4_#J/RS4?@W4/MV@Q
MQLV9+8^6WT_A_3^5;Q (P1D&N)T7.@>,[C36X@N?]7Z>J_U%3+W9J7?0:UBT
M=O7(V^I69\17NKW<P"1G[+:H 69R/O%0.3_]>MSQ!J/]F:+<7(.'V[8_]X\#
M_'\*RO!>C16NFIJ$J!KFX&59NJ+V ^O6B3;DD@CHFV:/]LWCC=!H=XZ]BY2,
MG\"<U7F\4"R&[4-*OK5/[^P.OY@UO4UT61"CJ&5A@@C((J[/N*Z[&/J-]!J7
MA.\N[8L8I('VEA@\9%:&F?\ (+M/^N"?^@BLV^L5T[PC>6J8V)%+MQV!)('Y
M&M+3/^07:?\ 7!/_ $$4E?FU[ ]M"U1115DA1110 4444 %%%% !1110 5B:
M[_R%M$_Z^C_Z":VZQ-=_Y"VB?]?1_P#0343V*CN;=<EXYLWC2UU>#B6V<*Q'
MIG(/Y_SKK:K:A9IJ%A/:2?=E0KGT/8_G3G'FC8(NSN<1XOU?^U;:U%MS B++
M*1T#L#@'W !KM-(*G1K(I]WR$Q_WR*YZ+PK)%X0GLV4&]D/FG!S\PZ#\OYU+
MX)U9+C3O[.E;;<6V0%/4KG^G3\JQA=3][J7*SCIT.HJCJ6K0Z5$9KF&?R1C,
MB)N SZ\YJ]6/XK_Y%F]_W!_Z$*VD[)M&:U9!?:K#JOAF_FMHYA$8'Q(Z;0WT
MK5TS_D%VG_7!/_017/V7_).'_P"O:3^9KH-,_P"07:?]<$_]!%3%W=WV*EH6
MJ***T("BBB@ HHHH **** "BBB@ K$UW_D+:)_U]'_T$UMUA^(A.EUIES#:S
M7*V\Y=UA7<<;<5$]BH[FY16)_P )%+_T M4_[\C_ !H_X2*7_H!:I_WY'^-'
M/$.5FW7/ZOX4BO+O[?83M97H.[>OW6/J?0U+_P )%+_T M4_[\C_ !H_X2*7
M_H!:I_WY'^-*3A)68TI+8B@NO$]H/+N=.M[T#_EI#,$)^H-1ZF->UJRDL5TR
M&SCEP'DEN Q SG@**L_\)%+_ - +5/\ OR/\:/\ A(I?^@%JG_?D?XU.EK7'
MKV([C3SI?@F>R:02-%;."P& 2<G^M:NF?\@NT_ZX)_Z"*Q-4UBXOM+N;6/1-
M25YHRBEH1@$CZUNZ>C1Z=;(ZE66% 0>H.!51M?0EWMJ6****T)"BBB@ HHHH
M **P?$_BE/"UJ+R[TZYGM-P0RPE3M)Z9!(('O6O!/)-9K.82KLFX1[P?H,CB
M@">BN?M?%$MW:7]S'HUT%L)'BD!>/+LGWMOS<XIVC>++75] ?76MY;/3T1G$
MLY7)5<AC@$^AH WJ*P8_$5V\5K=G1+A+*Y=%65I%WHKD!69.H'([Y%.&OWLE
MW=PVV@W4\=M*8O.66-5<@ G&Y@>^/PH W**Y?2?&<VN:>U_IOA^^F@5V3/F1
M*2R]1@M6M'K,9\-KK<\+Q1_9?M+1=64;=VWZ]J -*BLSP]K<'B+0[;5;="B7
M"DE&.2A!P0?H16G0 45B3^)HFU272M+M)=2O(,>>(B%C@ST#N> ?89-.?7IK
M.XMXM2TN>V6YE6))HW66,,QP Q'*Y/&<8H V:*S=2UNWT^Z@LE22YOK@$Q6T
M(!8@=6.>%4>IJC>^*'T8)+K>F2V=H[!3=)()8XR>F_'*CWP10!T%%4=2U+[!
MI;ZA%;M=QQH9&$++DH!DD9.#Q5?P[KH\1Z7'J4-G-;V\PS$92N7&2"< G'3O
M0!K45D>)-?7PUI;ZE/9S7%M%_K6A*Y3) '!(SR>U0GQ)/'9)?3:%?_9702;X
MBDK*I&<E5;=T] : -VBJNFZG9:O8QWNGW*7%O)]UT/Z'T/L:* (-?TF+7="O
M-+FQMN8BH)_A;^$_@<&N8\(>)9$^'\KW:EK_ $C=:21'JTBG:@_'*BNXKBE\
M)WD7Q%GOHOET>Z5+N=.S7"9"C\SN_"@#<M]._LKPB]FS;I$MG,K_ -^0@EV_
M%B37,^#=)&N_!R'2S)Y?VJ":,/\ W3YC8/YUV6L&8:5<I;VTES+)&R+&A4$D
M@CJQ Q7+^%;+Q!HG@*+3AIK1ZE9'<J-*A2<>9N*A@3C*DCG% %31O&6H>'I[
M30/&.GM:OQ#!J$?S0S8X&3V/^2!7?'[I^E<CXELKSQGID&DKI=Q9HTZ23SW0
M4>2JG)VX)W,>G''/6NJN9'M[5GBMY+AE'$<9&YOS(% ''?"7_D3&_P"OR;_T
M*MCQ/J5I:-I]G=S"**XG#R':3\D?S$8 [ML'XFL_X<Z;J>B:$^FZII[VTHGD
ME#>8CJP8YQD'.?PJ]IS:E/XJN[R\TJ>"W,*06LC21MA02SE@&)&3M_(4 8/@
M"_M;3Q%KN@6TPDM3+]MLS@@;'^\HR!T./UKM-4GDM=)O+B$9DB@=T'N%)%<S
MXFT[5?\ A,M&UO2--EN&M \5T1(BAXF[#+#)&2:ZY#YL(+QE=Z\H^,C/8XXH
M X_X4Q1CP-;W0.^>[EEEG<\EGWD9/X 5N:IXAT*QN%L=3O(HI78;(I%/SG((
MV\<G..E8FCZ1JG@J\N;:RM6U'0[B4S1)$P$UJQZC#$!E^AS[4:Y8ZEXB\0:!
M=VNFRP6^F71FFDNBJ9!QPH!))X]!0!6\%W']H>/?%EW.<SQ2QP19ZK$-V /8
MX!KL=3LH=2TNZLKA0T4\3(P/H17.:AX?O]+\5GQ/H4:SFYC$5_9%@AE Z.A/
M&X8'!Z^O-7M0O=5U2PDL],TVXM)IU*-<7855@!X+8!)8CL!QGO0!S7@2[N+G
MX2W:3L7^SQ7,,;'N@4X_+./PK=^&W_)/M'_ZXG_T(U,^BC0O!3Z+I-I+=$6S
MPHJLH+,P.68D@<DY-4?!W]L:%X5L]+OM NO/M5*YBFA97Y)!^^,=: )/B=_R
M3S5O^N:_^AK6]HW_ " [#_KVC_\ 017,>*+?Q!KO@F\L?[)?[;?.0D(ECQ @
M<8W-G!) SQGK6G87VLP:-;6R^'YENXH5C(EN(A&" !G<&)Q^% &5X5B73_B#
MXIT^V&+5O(N-@^ZDC*2V!VSG]**V/#/AV31C?7M[<BYU+4I1+=2H,(,9VHH_
MN@$XHH WJ*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
# /_9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
