Vista Gold Corp. Changes Name of Its Development Project in Baja California Sur, Mexico to Concordia

Wednesday, Sep 08, 2010

Vista Gold Corp. ("Vista" or the "Company") (TSX & NYSE Amex Equities: VGZ) today announced that it has changed the name of its wholly-owned Paredones Amarillos gold project in Baja California Sur, Mexico to the Concordia gold project. The Company believes this will better reflect the integration of the project with the environmental, social and economic priorities of the region.

The name Concordia (translated as "agreement" or "oneness") was selected after a wide-ranging dialogue with local communities and other project stakeholders. The name change is part of a broad program intended to communicate Vista's commitment to developing the Concordia gold project in a way that is consistent with contemporary standards for sustainable development, environmental stewardship, and the health and safety of the communities in which the Company operates.

Fred Earnest, Vista's President and COO, stated, "In May of this year, we hired Hector Araya as the new General Manager of Concordia. With his participation, we are changing the way we communicate with the local community and officials concerning the very real benefits offered by the Concordia gold project, which could include significant opportunities for direct and indirect employment, education, and improved quality of life. Vista is working hard to communicate to stakeholders that the Concordia gold project will employ state of the art environmental practices and operate in a manner that is designed to protect the natural environment and the Sierra de La Laguna Biosphere."

The Company believes that the name change reflects the spirit of its collaboration and the values it shares with the local communities and project stakeholders as the Concordia gold project moves forward.

Source: PR Newswire