Denver, Colorado, June 30, 2021 – Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced assay results for drilling at the Company’s Mt Todd gold project (“Mt Todd” or the “Project”). Four additional holes have been completed north of the Batman deposit which demonstrate that Vista’s model of the controlling structures is reliable in predicting where mineralization is most likely to be encountered.

Highlights

VB21-006 – contains two near surface intercepts, including 6.0 meters @ 1.58 grams gold per tonne (“g Au/t”) and 3.2 meters @ 1.39 g Au/t;
VB21-007 – contains three near surface intercepts, including 2.5 meters @ 1.77 g Au/t, 0.3 meters @ 10.93 g Au/t, and 6.7 meters @ 0.93 g Au/t, and a deeper intercept of 3.2 meters @ 1.57 g Au/t;
VB21-008 – contains three deeper intercepts of 8.5 meters @ 1.89 g Au/t, 1.5 meters @ 7.24 g Au/t, and 7.1 meters @ 2.39 g Au/t; and
VB21-009 – contains three intercepts at 1.1 g Au/t or better, including 1.5 meters @ 1.88 g Au/t, 2.2 meters @ 1.10 g Au/t, and 1.1 meters @ 5.15 g Au/t.
Frederick Earnest, President and CEO commented, “The ongoing drilling continues to confirm our structural and geological interpretations north of the Batman deposit and, given the significant area within the Batman-Driffield structural corridor, increases our confidence in the potential for future mineral resource growth at Mt Todd, with the appropriate future in-fill drilling. Based on our model, each of the holes that we reported today targeted specific structures and not only confirmed our structural interpretations, but also increased our understanding of the size, orientation, and gold-bearing potential of the mineralized structures north of the Batman deposit. Drilling is ongoing to further expand our understanding of the mineralized structures in this area and additional drilling is planned to systematically expand our understanding of the geologic potential of the area toward the Golf-Tollis and Penguin targets to the north.”

Table 1 – Summary of Assay Results
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