Vista Gold Corp (VGZ)

[hmmauto]

VGZ~BUYING LARGE .52-.53....OVERSOLD!...CEO is adding as well...good luck, michael

Looking Forward

I am optimistic about the future of Vista. While I am very disappointed with our present valuation, I did take advantage of these low share prices to increase my personal holding in Vista. I hope you see the same opportunity that motivated me. In the Mt. Todd gold project we hold the largest known undeveloped gold resource in Australia, located in the Northern Territory, which enjoys the benefits of excellent existing infrastructure and proximity to housing, labor and transportation facilities. We continue to hold 15.8 million shares in Midas Gold with the exposure that provides to increasing gold prices and the results of studies that are expected later this year. We are focused on positioning the Mt. Todd gold project for future development, carefully managing expenditures across the organization and selling the mill equipment to ensure that we are financed adequately well into 2015.

Finally, I would like to thank our present and former employees for their dedication and hard work on behalf of all of the shareholders of the Corporation, the Board of Directors for their insight and input, and all stakeholders for their support. Most importantly, I would like to thank you, as shareholders of Vista Gold, for your continued support and vision of what Vista can become.

Frederick H. Earnest

President & CEO

CHART~