Vista Gold Corp. Appoints Additional Director

__________________ NEWS _________________

Vista Gold Corp. Appoints Additional Director

Denver, Colorado, March 14, 2019 – Vista Gold Corp. (TSX & NYSE American: VGZ) (“Vista” or the

“Company”) today announced that it has increased the size of its Board of Directors from six to seven,

and appointed Ms. Deborah Friedman as a director of the Company. Ms. Friedman is a successful mining

company executive with over 38 years of international and domestic industry experience with major,

mid-tier and junior companies, and a retired partner from the law firm of Davis Graham & Stubbs LLP.

The Board of Directors will consider board committee appointments at its next regularly scheduled

meeting.

Vista’s Chairman of the Board, Mr. Michael Richings, commented, “ We are pleased to welcome

Deborah Friedman to the Board and look forward to her contributions as we seek a partner for the

development of the Mt Todd gold project. We believe that Ms. Friedman ’s past experience with

domestic and international development project joint ventures, corporate and project finance, business

combination transactions, mine development/operations matters, and exploration joint ventures , will be

of benefit as the Company continues its efforts to realize shareholder value in line with the intrinsic value

of the Mt Todd gold project. We are very fortunate to add someone with Deborah’s credentials and

extensive international experience to our Board.”

About Vista Gold Corp.

The Company is a well -funded gold project developer. The Company’s principal asset is its flagship Mt

Todd gold project in Northern Territory, Australia. Mt Todd is the largest undeveloped gold project in

Australia.

For further information, please contact the Company at (720) 981-1185.

Forward Looking Statements

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. All

statements, other than statements of historical facts, included in this press release that address activities, events or developments that we

expect or anticipate w ill or may occur in the future . When used in this press release, the words “optimistic,” “ potential,” “ indicate,”

“expect,” “intend,” “hopes,” “believe,” “may,” “will,” “if,” “anticipate,” and similar expressions are intended to identify forward -looking

statements and forward -looking information. These statements involve known and unknown risks, uncertainties and oth er factors which

may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance

or achievements expressed or implied by such statements. Such factors include, among others, those fa ctors discussed under the headings

“Note Regarding Forward -Looking Statements ” and “Risk Factors ” in the Company’ s latest Annual Report on Form 10 -K as filed in

February 2019 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.

Although we have attempted to identify important factors that could cause actual results to differ materially from those described i n

forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated

or intended. Except as required by law, we assume no obligation to publicly update any forward -looking statements or forward -looking

information; whether as a result of new information, future events or otherwise.

7961 Shaffer Parkway

Suite 5

Littleton, CO 80127

Phone: 720-981-1185

Fax: 720-981-1186

Trading Symbol: VGZ

Toronto and NYSE American Stock Exchanges

Toronto and NYSE MKT Stock Exchanges