<SEC-DOCUMENT>0000783324-17-000026.txt : 20170503
<SEC-HEADER>0000783324-17-000026.hdr.sgml : 20170503
<ACCEPTANCE-DATETIME>20170503153247
ACCESSION NUMBER:		0000783324-17-000026
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170503
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170503
DATE AS OF CHANGE:		20170503

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:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09025
		FILM NUMBER:		17808928

	BUSINESS ADDRESS:	
		STREET 1:		7961 SHAFFER PKWY, SUITE 5
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127
		BUSINESS PHONE:		720-981-1185

	MAIL ADDRESS:	
		STREET 1:		7961 SHAFFER PKWY, SUITE 5
		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-20170503x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			Q1 17 050317
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			<a name="A001"></a><font style="display:inline;font-weight:bold;font-size:10pt;">UNITED STATES<br />SECURITIES AND EXCHANGE COMMISSION<br />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 <br />Securities Exchange Act of 1934 </font>
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			<font style="display:inline;font-weight:bold;font-size:10pt;">Date of Report: April 28, 2017</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. <br /></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, Canada <br /></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<br /></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<br /></font><font style="display:inline;font-size:10pt;">(IRS Employer Identification No.) </font></p>
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			<br /><font style="display:inline;"><a name="A009"></a></font><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>
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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;">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 style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<font style="display:inline;"><a name="A012"></a></font><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: 12pt;"><font style="display:inline;font-weight:bold;font-size:10pt;">Item 2.02&nbsp;&nbsp;Results of Operation and Financial Condition</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<font style="display:inline;font-size:10pt;">On April 28, 2017, the registrant provided its unaudited financial results for the first quarter ended March 31, 2017. &nbsp; &nbsp;</font><font style="display:inline;color:#000000;">&nbsp;</font><font style="display:inline;color:#000000;font-size:10pt;">The registrant&#x2019;s unaudited financial statements, Management&#x2019;s Discussion and Analysis together with other important disclosures can be found in the Company&#x2019;s Quarterly Report on Form 10-Q, filed on April 28, 2017&nbsp;with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.</font><font style="display:inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:5pt 0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-weight:bold;color:#000000;font-size:10pt;">Summary of First Quarter 2017 Financial Results </font>
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		<p style="margin:6pt 0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;color:#000000;font-size:10pt;">We reported a net loss of $2.8 million or $0.03 per share for the three months ended March 31, 2017. This includes $2.5 million of net operating expenses; and an unrealized $0.3 million mark-to-market loss on our investment in Midas Gold Corp. (&#x201C;Midas&#x201D;). During the three months ended March 31, 2016, we reported a net loss of $0.7 million or $0.01 per share inclusive of $2.2 million of net operating expenses; a $0.7 million payment we received from the Australian Government under a research and development incentive program; an unrealized $0.5 million mark-to-market gain on our investment in Midas; and $0.3 million of other income.&nbsp; </font>
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		<p style="margin:6pt 0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;color:#000000;font-size:10pt;">Our working capital at March 31, 2017 totaled approximately $26.0 million, including cash and short-term investments (comprised of government securities) of approximately $21.8 million. The Company has no debt.&nbsp; </font>
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		<p style="margin:6pt 0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;color:#000000;font-size:10pt;">Frederick H. Earnest, President and Chief Executive Officer, commented, &#x201C;We believe that </font><font style="display:inline;font-size:10pt;">we have sufficient working capital to cover our fixed costs for several years; to execute selected discretionary programs intended to optimize and add value to Mt Todd; and to complete all of the critical milestones, including permitting, necessary to advance the Mt Todd project to the point of a development decision.&nbsp; </font>
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		<p style="margin:6pt 0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&#x201C;We are working to complete the bulk metallurgical test work to evaluate automated ore sorting, grinding circuit optimization and improved leach recoveries that could support material improvements to the economics of the Mt Todd gold project without significant alterations to the current flow sheet. This work is expected to be completed in the third quarter of this year. An updated prefeasibility study, which would integrate these potential flow sheet alterations and the associated economic benefits, will likely be completed after that.&#x201D; </font>
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		<p style="margin:6pt 0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;color:#000000;font-size:10pt;">To review the Company&#x2019;s Quarterly Report on Form 10-Q for the three months ended March 31, 2017, including the related Management&#x2019;s Discussion and Analysis, visit any of the following websites: </font><font style="display:inline;color:#0033CC;font-size:10pt;text-decoration:underline;">www.sedar.com</font><font style="display:inline;color:#000000;font-size:10pt;">, &nbsp;</font><font style="display:inline;color:#0033CC;font-size:10pt;text-decoration:underline;">www.sec.gov</font><font style="display:inline;color:#000000;font-size:10pt;"> or </font><font style="display:inline;color:#0033CC;font-size:10pt;text-decoration:underline;">www.vistagold.com</font><font style="display:inline;color:#000000;font-size:10pt;">.</font>
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		<p style="margin:6pt 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;">Management Conference Call</font>
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		<p style="margin:6pt 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 conference call with management to review our financial results for the three months ended March 31, 2017 and to discuss corporate and project activities is scheduled for Wednesday, </font><font style="display:inline;color:#000000;font-size:10pt;">May 3, 2017 </font><font style="display:inline;font-size:10pt;">at 2:30 p.m. MDT.</font>
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		<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;">Toll-free in North America: 1-866-233-5249 </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;">International:&nbsp;&nbsp;416-642-3300</font>
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		<p style="margin:0pt 0pt 6pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">Confirmation Code:&nbsp;&nbsp;4152669 </font>
		</p>
		<p style="margin:0pt 0pt 6pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">This call will also be web-cast and can be accessed at the following web location:</font>
		</p>
		<p style="margin:0pt 0pt 6pt;text-align:justify;text-justify:inter-ideograph;color:#0070C0;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;color:#0070C0;font-size:10pt;">http://event.on24.com/r.htm?e=1416096&amp;s=1&amp;k=1119E6298108FC79B036B57D1ABE2D12</font><font style="display:inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt 0pt 6pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">This call will be archived and available at </font><font style="display:inline;color:#0033CC;font-size:10pt;">www.vistagold.com</font><font style="display:inline;font-size:10pt;"> after </font><font style="display:inline;color:#000000;font-size:10pt;">May 3, 2017</font><font style="display:inline;font-size:10pt;">.&nbsp;&nbsp;Audio replay will be available for 21 days by calling toll-free in North America:&nbsp;&nbsp;1-888-203-1112, passcode 4152669.</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;">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;color:#0033CC;font-size:10pt;">connie@vistagold.com</font><font style="display:inline;font-size:10pt;">), 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-size:10pt;">All dollar amounts in this report are U.S. dollars.</font>
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</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><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;font-family:Times New Roman,Times,serif;font-size: 12pt;"><font style="display:inline;"></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-weight:bold;color:#000000;font-size:10pt;">Forward Looking Statements </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-size:9pt;">This report 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 report that address activities, events or developments that </font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">we expect</font><font style="display:inline;font-size:9pt;"> or anticipate will or may occur in the future, including such things as our belief that we have sufficient working capital to cover our fixed costs for several years and to fund our other plans; our belief that our plans could support material improvements to the economics of the Mt Todd gold project without significant alterations to the current flow sheet, and the timing for the completion of this work; the timing and completion of an updated prefeasibility study on Mt Todd and other such matters are forward-looking statements and forward-looking information. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this report include the following: our approved business plans, exploration and assay results, results of our test work for process area improvements, mineral resource and reserve estimates and results of preliminary economic assessments, prefeasibility studies and feasibility studies on our projects, if any, our experience with regulators, and positive changes to current economic conditions and the price of gold.&nbsp;&nbsp;When used in this report, the words </font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;</font><font style="display:inline;font-size:9pt;">optimistic,</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-size:9pt;">potential,</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-size:9pt;">indicate,</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-size:9pt;">expect,&#x201D;</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;"> &nbsp;&#x201C;</font><font style="display:inline;font-size:9pt;">intend,</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-size:9pt;">hopes,</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-size:9pt;">believe,</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-size:9pt;">may,</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-size:9pt;">will,</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;font-size:9pt;">if,</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><font style="display:inline;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;color:#000000;font-size:9pt;text-decoration:none;">the Company</font><font style="display:inline;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;color:#000000;font-size:9pt;text-decoration:none;">and reserve </font><font style="display:inline;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;color:#000000;font-size:9pt;text-decoration:none;">our</font><font style="display:inline;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; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings </font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;</font><font style="display:inline;font-size:9pt;">Note Regarding Forward-Looking Statements</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D;</font><font style="display:inline;font-size:9pt;"> and </font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;</font><font style="display:inline;font-size:9pt;">Risk Factors</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D;</font><font style="display:inline;font-size:9pt;"> in </font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">the Company&#x2019;</font><font style="display:inline;font-size:9pt;">s latest Annual Report on Form 10-K as filed on February 22, 2017 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.&nbsp;&nbsp;Although </font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">we have</font><font style="display:inline;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;color:#000000;font-size:9pt;text-decoration:none;">we assume</font><font style="display:inline;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;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;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;color:#000000;font-size:10pt;">In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02 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.</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 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: 12pt;">
			<font style="display:inline;color:#000000;font-size:10pt;">On April 28, 2017</font><font style="display:inline;color:#000000;">, &nbsp;</font><font style="display:inline;font-size:10pt;">the registrant issued a press release providing&nbsp;its unaudited financial results for the first quarter ended March 31, 2017.&nbsp;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-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-weight:bold;font-size:10pt;">Item 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-weight:bold;font-size:10pt;text-decoration:underline;">Exhibit No.<font style="display:inline;font-weight:bold;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font></font><font style="display:inline;font-weight:bold;font-size:10pt;"></font><font style="display:inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Description</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 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;;font-size: 10pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font>Press Release dated April 28, 2017*</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;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<font style="display:inline;"></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><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;font-family:Times New Roman,Times,serif;font-size: 12pt;"><font style="display:inline;"></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: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;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></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.<br /></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; May &nbsp;3, 2017</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;text-decoration:underline;"> /s/John F. Engele</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>
		<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;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<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;">EXHIBIT INDEX</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Exhibit No.<font style="display:inline;font-weight:bold;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font></font><font style="display:inline;font-size:10pt;"></font><font style="display:inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Description</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">99.1<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;;font-size: 10pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font>Press Release dated April 28, 2017*</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;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;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&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>

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			Q1-17 results Final
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	<body><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;"></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;">
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			<font style="display:inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">EXHIBIT 99.1</font>
		</p>
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						<font style="display:inline;font-size:10pt;"><img src="vgz20170503ex991bc5316001.jpg" style="width: 1.572917in; height: 1.010417in" alt="g115341mmi001.jpg"></font></p>
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						<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>
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					<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>
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						<font style="display:inline;font-weight:bold;font-size:10pt;">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; <font style="display:inline;;font-size: 11pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font></font><font style="display:inline;font-family:Times New Roman,Times,serif;"><font style="display:inline;font-family:Times New Roman,Times,serif;;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,Times,serif;;font-size: 11pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font></font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;"> &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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		<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;">__________________ NEWS _________________&nbsp;</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;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 First&nbsp;Quarter 2017 Results </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;font-weight:bold;">Denver, Colorado, April 28, 2017 &nbsp;- &nbsp;</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: VGZ)&nbsp;(TSX: VGZ) today announced its unaudited financial results for the first quarter ended March 31, 2017. Management&#x2019;s quarterly conference call to discuss these results is scheduled for 2:30&nbsp;p.m. MDT on May 3, 2017.&nbsp;&nbsp;The Company&#x2019;s unaudited financial statements, Management&#x2019;s Discussion and Analysis together with other important disclosures can be found in the Company&#x2019;s &nbsp;Quarterly Report on Form 10-Q, filed on April 28, 2017 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.</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;font-weight:bold;color:#000000;">Summary of First&nbsp;Quarter 2017 Financial Results&nbsp;</font>
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		<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;">We reported a &nbsp;net loss of $2.8 million or $0.03&nbsp;per share for the three months ended March 31, 2017. &nbsp;This includes $2.5 million of net operating expenses; and an unrealized $0.3 million mark-to-market loss on our investment in Midas Gold Corp. (&#x201C;Midas&#x201D;). &nbsp;During the three months ended March 31, 2016, we reported a &nbsp;net loss of $0.7 million or $0.01 per share inclusive of $2.2 million of net operating expenses; a $0.7 million payment we received from the Australian Government under a research and development incentive program; an&nbsp;unrealized $0.5 million mark-to-market gain on our investment in Midas; and $0.3&nbsp;million of other income. &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;">Our working capital at March 31, 2017 totaled approximately $26.0 million, including cash and short-term investments (comprised&nbsp;of government securities) of approximately $21.8 million. The Company has no debt. &nbsp; &nbsp;</font>
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		<p style="margin:5pt 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;color:#000000;">Frederick H. Earnest, President and Chief Executive Officer, commented, &#x201C;We &nbsp;believe that </font><font style="display:inline;font-family:Times New Roman,Times,serif;">we have sufficient working capital to cover our fixed costs for several years; to execute selected discretionary programs intended to optimize and add value to Mt Todd; and to complete all of the critical milestones, including permitting, necessary to advance the Mt Todd project to the point of a development decision. &nbsp; &nbsp;</font>
		</p>
		<p style="margin:6pt 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;">&#x201C;We are working to&nbsp;complete the bulk metallurgical test work to evaluate automated&nbsp;ore sorting, grinding circuit optimization and improved leach recoveries that could support material improvements to the economics of the Mt Todd gold project without significant alterations to the current flow sheet. This work is expected to be completed&nbsp;in the third quarter of this year. &nbsp;An updated&nbsp;prefeasibility study, which would integrate these potential flow sheet alterations and the associated economic benefits, will likely be completed after that.&#x201D; </font>
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		<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;">To review the Company&#x2019;s &nbsp;Quarterly Report on Form 10-Q for the three months ended March 31, 2017,&nbsp;including the related Management&#x2019;s Discussion and Analysis, visit any of the following websites: </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#0033CC;text-decoration:underline;">www.sedar.com</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:#0033CC;text-decoration:underline;">www.sec.gov</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;"> or </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#0033CC;text-decoration:underline;">www.vistagold.com</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">.</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;">Management Conference Call</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;">A conference call with management to review our financial results for the three months ended March 31, 2017&nbsp;and to discuss corporate and project activities is scheduled for Wednesday, &nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">May 3, 2017 &nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;">at 2:30&nbsp;p.m. &nbsp;MDT.</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;">Toll-free in North America: 1-866-233-5249&nbsp;</font>
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			<font style="display:inline;"></font></p></div><div style="margin-left:8.16993464052288%;margin-right:8.82352941176471%;">
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</div></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:115%;font-family:Calibri;font-size: 11pt;"><font style="display:inline;"></font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;">International:&nbsp;&nbsp;416-642-3300</font>
		</p>
		<p style="margin:0pt 0pt 6pt;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;">Confirmation Code:&nbsp;&nbsp;4152669&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 6pt;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;">This call will also be web-cast and can be accessed at the following web location:</font>
		</p>
		<p style="margin:0pt 0pt 6pt;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;">http://event.on24.com/r.htm?e=1416096&amp;s=1&amp;k=1119E6298108FC79B036B57D1ABE2D12</font><font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 6pt;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;">This call will be archived and available at </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#0033CC;">www.vistagold.com</font><font style="display:inline;font-family:Times New Roman,Times,serif;">&nbsp;after </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">May 3, 2017</font><font style="display:inline;font-family:Times New Roman,Times,serif;">. &nbsp;Audio replay will be available for 21 days by calling toll-free in North America:&nbsp;&nbsp;1-888-203-1112, &nbsp;passcode 4152669.</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;">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,Times,serif;color:#0033CC;">connie@vistagold.com</font><font style="display:inline;font-family:Times New Roman,Times,serif;">), and we will try to address these questions prior to or during the conference call.</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;">All dollar amounts in the press release are U.S. dollars.</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;">About 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&nbsp;is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia.&nbsp;&nbsp;Mt Todd is one of the largest undeveloped gold projects in Australia. </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&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;font-family:Times New Roman,Times,serif;">&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;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">Forward Looking Statements&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:100%;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;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 <a name="_DV_C81"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">we expect</font><font style="display:inline;font-size:9pt;"> or anticipate will or may occur in the future, including such things as our belief that we have sufficient working capital to cover our fixed costs for several years and to fund our other plans; our belief that our plans could support material improvements to the economics of the Mt Todd gold project without significant alterations to the current flow sheet, and the timing for the completion of this work<a name="_DV_C89"></a>; the timing and completion of an updated prefeasibility study on Mt Todd&nbsp;and other such matters are forward-looking statements and forward-looking information. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this press release include the following: our approved business plans, exploration and assay results, results of our test work for process area improvements, mineral resource and reserve estimates and results of preliminary economic assessments, prefeasibility studies and feasibility studies on our projects, if any, our experience with regulators, and positive changes to current economic conditions and the price of gold.&nbsp;&nbsp;When used in this press release, the words <a name="_DV_C95"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;<a name="_DV_M95"></a></font><font style="display:inline;font-size:9pt;">optimistic,<a name="_DV_C97"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M96"></a></font><font style="display:inline;font-size:9pt;">potential,<a name="_DV_C99"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M97"></a></font><font style="display:inline;font-size:9pt;">indicate,<a name="_DV_C101"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M98"></a></font><font style="display:inline;font-size:9pt;">expect,<a name="_DV_C103"></a>&#x201D;</font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;"> &nbsp;&#x201C;<a name="_DV_M99"></a></font><font style="display:inline;font-size:9pt;">intend,<a name="_DV_C105"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M100"></a></font><font style="display:inline;font-size:9pt;">hopes,<a name="_DV_C107"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M101"></a></font><font style="display:inline;font-size:9pt;">believe,<a name="_DV_C109"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M102"></a></font><font style="display:inline;font-size:9pt;">may,<a name="_DV_C111"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M103"></a></font><font style="display:inline;font-size:9pt;">will,<a name="_DV_C113"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M104"></a></font><font style="display:inline;font-size:9pt;">if,<a name="_DV_C115"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;<a name="_DV_M105"></a></font><font style="display:inline;font-size:9pt;">anticipate,<a name="_DV_M106"></a>&#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 <a name="_DV_C119"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">the Company<a name="_DV_M107"></a></font><font style="display:inline;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 <a name="_DV_C120"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">and reserve <a name="_DV_M108"></a></font><font style="display:inline;font-size:9pt;">estimates, uncertainty as to the Company&#x2019;s future operating costs and ability to raise capital; <a name="_DV_M109"></a>risks relating to cost increases for capital and operating costs; <a name="_DV_M111"></a>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 <a name="_DV_C129"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">our<a name="_DV_M112"></a></font><font style="display:inline;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; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings <a name="_DV_C131"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;<a name="_DV_M113"></a></font><font style="display:inline;font-size:9pt;">Note Regarding Forward-Looking Statements<a name="_DV_C133"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D;<a name="_DV_M114"></a></font><font style="display:inline;font-size:9pt;"> and <a name="_DV_C135"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;<a name="_DV_M115"></a></font><font style="display:inline;font-size:9pt;">Risk Factors<a name="_DV_C137"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D;<a name="_DV_M116"></a></font><font style="display:inline;font-size:9pt;"> in <a name="_DV_C139"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">the Company&#x2019;<a name="_DV_M117"></a></font><font style="display:inline;font-size:9pt;">s latest Annual Report on Form 10-K as filed on February 22, 2017&nbsp;<a name="_DV_M118"></a>and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.&nbsp;&nbsp;Although <a name="_DV_C143"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">we have<a name="_DV_M119"></a></font><font style="display:inline;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, <a name="_DV_C145"></a></font><font style="color:#0000FF;display:inline;color:#000000;font-size:9pt;text-decoration:none;">we assume<a name="_DV_M120"></a></font><font style="display:inline;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>
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