Friday 28th October 2016

Resource Clips

Vista reports Australia Gold Assays up to 1.5 g/t over 163m

Resource Clips - essential news on junior gold mining and junior silver miningVista Gold Corp TSX:VGZ announced assays from its Mt Todd gold project in Northern Territory, Australia. Results include

4.05 g/t gold over 10 metres
1.5 g/t over over 163 metres (including 7.38 g/t over 11 metres)
1.66 g/t over 21 metres
1.42 g/t over 10 metres
1.16 g/t over 96 metres
1.49 g/t over 11 metres
0.81 g/t over 35 metres
0.88 g/t over 39 metres

Vista is also undertaking a feasibility study on the project. President/CEO Fred Earnest stated, “Work on the Mt Todd feasibility study is being finalized and we expect to announce the results before the end of the first quarter 2012 or shortly thereafter. Through our significant efforts over the past seven years, we believe we have addressed all of the issues related to those conditions that contributed to the failure of previous operations. We believe that the metallurgical testing and process engineering reports will provide the market with a clear understanding, supported by testing results and analysis, of what needs to be done to efficiently process the ore in the Mt Todd deposit. Additionally, we believe there is opportunity to further optimize the Mt Todd gold project and to enhance the project’s economics prior to the anticipated approval of the principal environmental permits in the 4th quarter of this year. I am pleased that we are now moving forward to build a project management team for this project and look forward to the results of continued refinements in the coming months.”

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Connie Martinez
Manager, Investor Relations

by Ted Niles

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