Vista Gold Corp. (Amex: VGZ; TSX) will be holding a conference call for all interested parties regarding the option to purchase the Hycroft Mine in Nevada with Canyon Resources Corporation (AMEX: CAU), a Colorado based mining company, as announced on January 24, 2005. Also, the company intends to discuss the overall strategy and how the option agreement and pending sale will enhance the advancement of this strategy. The conference call will be held on Thursday January 27, 2005 at 4:30 P.M. EST (2:30 P.M. MST).

Individuals interested in attending and listening to the conference call can do so by logging on to www.vistagold.com and clicking on "Investor Information -- Webcasts".

For further information, please contact Greg Marlier at (720) 981-1185, or visit the Vista Gold Corp. website at www.vistagold.com.

SOURCE: Vista Gold Corp.

CONTACT: Greg Marlier of Vista Gold Corp., +1-720-981-1185

Web site: http://www.vistagold.com/