Mr. Tracy Stevenson reports

VISTA GOLD CORP. APPOINTS MICHEL (MIKE) SYLVESTRE TO THE BOARD OF DIRECTORS

Vista Gold Corp. has appointed Michel (Mike) Sylvestre as an independent director of the company and increased the size of its board of directors from five to six. Mr. Sylvestre has also been appointed to the health, safety, environment and social responsibility committee of the board. Mr. Sylvestre is a successful mining executive with over 45 years of international and domestic industry experience with major, mid-tier and junior companies. He retired in November, 2022, from his position as senior vice-president, Americas, at Kinross Gold Corp. Mr. Sylvestre is a director of Hochschild Mining PLC and Nickel Creek Platinum Corp.

Vista's board chair, Tracy Stevenson, commented: "We are pleased to welcome Mike Sylvestre to the board and look forward to his contributions as we focus on maximizing shareholder value. Mike's well-rounded technical expertise, corporate leadership roles and international experience will be valuable as we pursue strategic opportunities for Vista and its Mt Todd gold project. Mike has proven success in existing and start-up operations, focusing on safety excellence, process optimization, organizational effectiveness, community relations, and sustainability. We believe Mike will bring valuable insights and perspectives to the board."

About Vista Gold Corp.

Vista is a gold project developer. The company's flagship asset is Mt Todd, located in the mining friendly jurisdiction of Northern Territory, Australia. Situated approximately 250 kilometres southeast of Darwin, Mt Todd is one of the largest development stage opportunities in Australia and demonstrates compelling economics. All major environmental and operating permits necessary to initiate development of Mt Todd are in place.

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