-***-

Table 1

-------------------------------------------------------

From(m) To(m) Length(m) U3O8% Pounds per Ton

-------------------------------------------------------

39.70m 40.30m 0.60m 0.020% 0.40 lbs/ton

53.10m 53.90m 0.80m 0.001%

53.90m 55.10m 1.40m 0.080% (including)

53.90m 54.70m 0.80m 0.114% 2.28 lbs/ton

54.70m 55.19m 0.60m 0.044% 0.88 lbs/ton

55.10m 55.80m 0.70m 0.004%

55.80m 62.80m 7.00m 0.036% (including)

55.80m 58.60m 2.80m 0.037% (including)

55.80m 56.20m 0.40m 0.060% 1.20 lbs/ton

56.20m 57.30m 1.10m 0.012% 0.24 lbs/ton

57.30m 58.20m 0.90m 0.017% 0.34 lbs/ton

58.20m 58.60m 0.40m 0.125% 2.50 lbs/ton

58.60m 59.00m 0.40m 0.006%

59.00m 59.40m 0.40m 0.182% 3.64 lbs/ton

59.40m 60.60m 1.20m 0.006%

60.60m 61.80m 1.20m 0.035% (including)

60.60m 61.20m 0.60m 0.022% 0.44 lbs/ton

61.20m 61.80m 0.60m 0.048% 0.96 lbs/ton

61.80m 62.60m 0.80m 0.004%

62.60m 62.80m 0.20m 0.126% 2.52 lbs/ton

62.60m 63.70m 0.90m 0.001%

114.30m 114.60m 0.30m 0.066% 1.32 lbs/ton

-------------------------------------------------------

-****-

These mineralized systems are generally recognized with the presence of calcite, chloritization, silicification and hematization. The past producing Cinch Uranium Mine, with historical production of 661,000 lbs. of uranium, is located along the Crackingstone Fault to the east of the drilling area and is suspected of being the westerly extension of the St. Louis Fault ("StLF"). The bulk of previous uranium production in the Beaverlodge Camp from the Ace, Fay and Verna Mines (40 mil. lbs.) were contained within the StLF.

Hole C-10-08 is located at the same location as C-09-08 but was drilled northward at an angle of 60 degrees to intersect the down dip extension of the mineralization intersected in Holes C-09-08. A total of 10 samples were taken from this hole. The assays ranged from 0.001% up to 0.256% U3O8 over sample widths from 0.3m to 1.7m. The best results were obtained in a 7.3 metre intersection between 106.3m and 113.6m including 108.5 to 108.9 (0.4 m) assaying 0.256% (5.12 lbs./ton) and 108.5 to 110.5 (2.0m) averaging 0.058% (1.17 lbs./ton).

Hole C-11-08 is located 100 metres east of C-09-08 and C-10-08 and was drilled at an angle of 45 degrees northward and intersect the easterly extension of uranium mineralization intersected in the above two holes. A total of 9 samples were taken from this hole. The assays ranged from 0.001% up to 0.137% U3O8 over sample widths from 0.3m to 1.3m. The 0.137% U3O8 came from a 0.3 meter section off a 5.7 meter wider zone of anomalous uranium mineralization from 39.1m to 44.8m.

Hole C-12-08 is located approximately 200 meters southeast of C-09-08 and was drilled northwesterly to intersect the Boom Lake Fault. This hole intersected uranium mineralization on the east flank of the Boom Lake Fault. A total of 28 samples were taken from this hole. The assays ranged from trace up to 0.173% U3O8 over sample widths from 0.3m to 1.5m. The best results obtained were: 36.7 to 37.6m -0.9m assaying 0.082% U3O8 (1.64 lbs./ton) and 46.2 to 46.5m - 0.3m assaying 0.173% U3O8 (3.46 lbs./ton).

Hole C-13-08 is located 200 meters northeast of C-09-08 and was drilled northward and intersected uranium mineralization on the west flank of the Boom Lake Fault. A total of 5 samples were taken in this shallow hole. The assays ranged from 0.001% up to 0.015% U3O8 in a 4.5 metre intersection between 64.2m and 68.7m.

Additional information including detailed maps, images and complete drilling results of the Crackingstone Uranium Project expect to be posted soon on the respective company web sites.

This news release was reviewed and approved for technical disclosure by Raymond A. Bernatchez, P.Eng., Consulting Geologist, an independent qualified person under NI 43-101.

All samples were shipped in sealed containers to SRC Geo-analytical Laboratories in Saskatoon, Sask., for analysis. All samples were analyzed using standard ICP partial and total digestion methods. A QA/QC program was implemented as part of the sampling procedure for the drill program. Field duplicates and field blanks were inserted into the sample stream with at least one standard samples and duplicates inserted every 19 and 37 samples respectively for quality checks. The laboratory also has an extensive in-house quality control system.

About International Montoro Resources Inc.

International Montoro Resources is focused on advancing its 100 percent optioned Elliot Lake uranium project in northern Ontario. In addition the Company is continuing development with Belmont (50/50) of its Crackingstone -982 ha & Orbit -11,109 ha properties in the Uranium City District - Northern Saskatchewan. The Company also holds interests in the Cup Lake/Donen uranium project in south-central British Columbia and two claim blocks (50/50 with Belmont) in the Central Mineral Belt in Labrador.

About Belmont Resources Inc.

Belmont Resources Inc. is focused on acquiring and developing uranium properties in developed and emerging uranium districts. Belmont (50/50) with International Montoro Resources Inc. has acquired two significant uranium properties (Crackingstone -982 ha & Orbit Lake -11,109 ha) in the Uranium City District in Northern Saskatchewan (recently optioned the Orbit claim block to Ultra Uranium Corp. -TSX.V:ULU). Belmont has also staked (100% owned) 63,184 ha in the Wollaston/Reindeer Lake-Compulsion Bay area, southeast Athabasca Basin, Saskatchewan. The Company also holds interests (50/50 with Int. Montoro) in two claim blocks in the Central Mineral Belt in Labrador.

ON BEHALF OF THE BOARD OF DIRECTORS

"Gary Musil"

Gary Musil CFO/Director

The statements used in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Companies forward-looking statements and expectations.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

International Montoro Resources Inc.

October 23, 2008

Source: International Montoro Resources Inc. (TSX-V IMT)

CONTACT: International Montoro Resources Inc Belmont Resources Inc Tel: +1 604 683 6648 Fax: +1 604 683 1350 Chris Haldane, CHF, Investor Relations Tel: +1 416 868 1079 ext 237 Dean Stuart Tel: +1 403 517 2270 WWW: http://www.BelmontResources.com WWW: http://www.sedar.com Filing Services Canada Inc Tel: +1 403 717 3898 Fax: +1 403 717 3896 WWW: http://www.usetdas.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

                                            Table 1
-------------------------------------------------------
From(m)    To(m)    Length(m)   U3O8%    Pounds per Ton
-------------------------------------------------------
39.70m    40.30m      0.60m     0.020%    0.40 lbs/ton

53.10m    53.90m      0.80m     0.001%
53.90m    55.10m      1.40m     0.080%     (including)
53.90m    54.70m      0.80m     0.114%    2.28 lbs/ton
54.70m    55.19m      0.60m     0.044%    0.88 lbs/ton
55.10m    55.80m      0.70m     0.004%
55.80m    62.80m      7.00m     0.036%     (including)
55.80m    58.60m      2.80m     0.037%     (including)
55.80m    56.20m      0.40m     0.060%    1.20 lbs/ton
56.20m    57.30m      1.10m     0.012%    0.24 lbs/ton
57.30m    58.20m      0.90m     0.017%    0.34 lbs/ton
58.20m    58.60m      0.40m     0.125%    2.50 lbs/ton
58.60m    59.00m      0.40m     0.006%
59.00m    59.40m      0.40m     0.182%    3.64 lbs/ton
59.40m    60.60m      1.20m     0.006%
60.60m    61.80m      1.20m     0.035%     (including)
60.60m    61.20m      0.60m     0.022%    0.44 lbs/ton
61.20m    61.80m      0.60m     0.048%    0.96 lbs/ton
61.80m    62.60m      0.80m     0.004%
62.60m    62.80m      0.20m     0.126%    2.52 lbs/ton
62.60m    63.70m      0.90m     0.001%

114.30m  114.60m      0.30m     0.066%    1.32 lbs/ton
-------------------------------------------------------

These mineralized systems are generally recognized with the presence of calcite, chloritization, silicification and hematization. The past producing Cinch Uranium Mine, with historical production of 661,000 lbs. of uranium, is located along the Crackingstone Fault to the east of the drilling area and is suspected of being the westerly extension of the St. Louis Fault ("StLF"). The bulk of previous uranium production in the Beaverlodge Camp from the Ace, Fay and Verna Mines (40 mil. lbs.) were contained within the StLF.

Hole C-10-08 is located at the same location as C-09-08 but was drilled northward at an angle of 60 degrees to intersect the down dip extension of the mineralization intersected in Holes C-09-08. A total of 10 samples were taken from this hole. The assays ranged from 0.001% up to 0.256% U3O8 over sample widths from 0.3m to 1.7m. The best results were obtained in a 7.3 metre intersection between 106.3m and 113.6m including 108.5 to 108.9 (0.4 m) assaying 0.256% (5.12 lbs./ton) and 108.5 to 110.5 (2.0m) averaging 0.058% (1.17 lbs./ton).

Hole C-11-08 is located 100 metres east of C-09-08 and C-10-08 and was drilled at an angle of 45 degrees northward and intersect the easterly extension of uranium mineralization intersected in the above two holes. A total of 9 samples were taken from this hole. The assays ranged from 0.001% up to 0.137% U3O8 over sample widths from 0.3m to 1.3m. The 0.137% U3O8 came from a 0.3 meter section off a 5.7 meter wider zone of anomalous uranium mineralization from 39.1m to 44.8m.

Hole C-12-08 is located approximately 200 meters southeast of C-09-08 and was drilled northwesterly to intersect the Boom Lake Fault. This hole intersected uranium mineralization on the east flank of the Boom Lake Fault. A total of 28 samples were taken from this hole. The assays ranged from trace up to 0.173% U3O8 over sample widths from 0.3m to 1.5m. The best results obtained were: 36.7 to 37.6m -0.9m assaying 0.082% U3O8 (1.64 lbs./ton) and 46.2 to 46.5m - 0.3m assaying 0.173% U3O8 (3.46 lbs./ton).

Hole C-13-08 is located 200 meters northeast of C-09-08 and was drilled northward and intersected uranium mineralization on the west flank of the Boom Lake Fault. A total of 5 samples were taken in this shallow hole. The assays ranged from 0.001% up to 0.015% U3O8 in a 4.5 metre intersection between 64.2m and 68.7m.

Additional information including detailed maps, images and complete drilling results of the Crackingstone Uranium Project expect to be posted soon on the respective company web sites.

This news release was reviewed and approved for technical disclosure by Raymond A. Bernatchez, P.Eng., Consulting Geologist, an independent qualified person under NI 43-101.

All samples were shipped in sealed containers to SRC Geo-analytical Laboratories in Saskatoon, Sask., for analysis. All samples were analyzed using standard ICP partial and total digestion methods. A QA/QC program was implemented as part of the sampling procedure for the drill program. Field duplicates and field blanks were inserted into the sample stream with at least one standard samples and duplicates inserted every 19 and 37 samples respectively for quality checks. The laboratory also has an extensive in-house quality control system.

About International Montoro Resources Inc.

International Montoro Resources is focused on advancing its 100 percent optioned Elliot Lake uranium project in northern Ontario. In addition the Company is continuing development with Belmont (50/50) of its Crackingstone -982 ha & Orbit -11,109 ha properties in the Uranium City District - Northern Saskatchewan. The Company also holds interests in the Cup Lake/Donen uranium project in south-central British Columbia and two claim blocks (50/50 with Belmont) in the Central Mineral Belt in Labrador.

For further information phone 604-683-6648, visit the Company website at www.MontoroResources.com and watch the Smartstox interview with President Gary Musil (www.smartstox.com/interviews/imt.php), or contact Chris Haldane at CHF Investor Relations at 416-868-1079, ext. 237

About Belmont Resources Inc.

Belmont Resources Inc. is focused on acquiring and developing uranium properties in developed and emerging uranium districts. Belmont (50/50) with International Montoro Resources Inc. has acquired two significant uranium properties (Crackingstone -982 ha & Orbit Lake -11,109 ha) in the Uranium City District in Northern Saskatchewan (recently optioned the Orbit claim block to Ultra Uranium Corp. -TSX.V:ULU). Belmont has also staked (100% owned) 63,184 ha in the Wollaston/Reindeer Lake-Compulsion Bay area, southeast Athabasca Basin, Saskatchewan. The Company also holds interests (50/50 with Int. Montoro) in two claim blocks in the Central Mineral Belt in Labrador.

Further information can be obtained from the Company website at www.BelmontResources.com and www.sedar.com, or by phoning 604-683-6648 or contact Dean Stuart at 403-517-2270.

ON BEHALF OF THE BOARD OF DIRECTORS

"Gary Musil"

Gary Musil

CFO/Director

The statements used in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Companies forward-looking statements and expectations.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

International Montoro Resources Inc.

Belmont Resources Inc.

#600 - 625 Howe Street

Vancouver, B.C. V6C 2T6

Ph: (604) 683-6648

Fax: (604) 683-1350

October 23, 2008

Source: International Montoro Resources Inc. (TSX-V IMT) www.montororesources.com

Maximum News Dissemination by Filing Services Canada Inc. *

www.usetdas.com

http://www.useTDAS.com

Table 1

--------------------------------------------------------------------------
From (m)           To (m)     Length (m)         U3O8 %     Pounds per Ton
--------------------------------------------------------------------------
  39.70            40.30           0.60           0.020               0.40

  53.10            53.90           0.80           0.001
  53.90            55.10           1.40           0.080         (including)
  53.90            54.70           0.80           0.114               2.28
  54.70            55.19           0.60           0.044               0.88
  55.10            55.80           0.70           0.004
  55.80            62.80           7.00           0.036         (including)
  55.80            58.60           2.80           0.037         (including)
  55.80            56.20           0.40           0.060               1.20
  56.20            57.30           1.10           0.012               0.24
  57.30            58.20           0.90           0.017               0.34
  58.20            58.60           0.40           0.125               2.50
  58.60            59.00           0.40           0.006
  59.00            59.40           0.40           0.182               3.64
  59.40            60.60           1.20           0.006
  60.60            61.80           1.20           0.035         (including)
  60.60            61.20           0.60           0.022               0.44
  61.20            61.80           0.60           0.048               0.96
  61.80            62.60           0.80           0.004
  62.60            62.80           0.20           0.126               2.52
  62.60            63.70           0.90           0.001

 114.30           114.60           0.30           0.066               1.32
--------------------------------------------------------------------------

These mineralized systems are generally recognized with the presence of calcite, chloritization, silicification and hematization. The past producing Cinch Uranium Mine, with historical production of 661,000 lbs of uranium, is located along the Crackingstone Fault to the east of the drilling area and is suspected of being the westerly extension of the St. Louis Fault ("StLF"). The bulk of previous uranium production in the Beaverlodge Camp from the Ace, Fay and Verna Mines (40 million lbs) was contained within the StLF.

Hole C-10-08 is located at the same location as C-09-08 but was drilled northward at an angle of 60 degrees to intersect the down dip extension of the mineralization intersected in Hole C-09-08. A total of 10 samples were taken from this hole. The assays ranged from 0.001% up to 0.256% U3O8 over sample widths from 0.3m to 1.7m. The best results were obtained in a 7.3m intersection between 106.3m and 113.6m including 108.5m to 108.9m (0.4m) assaying 0.256% U3O8 (5.12 lbs/ton) and 108.5m to 110.5m (2.0m) averaging 0.058% U3O8 (1.17 lbs/ton).

Hole C-11-08 is located 100m east of C-09-08 and C-10-08 and was drilled at an angle of 45 degrees northward and intersects the easterly extension of uranium mineralization intersected in the above two holes. A total of 9 samples were taken from this hole. The assays ranged from 0.001% up to 0.137% U3O8 over sample widths from 0.3m to 1.3m. The 0.137% U3O8 came from a 0.3m section off a 5.7m wide zone of anomalous uranium mineralization from 39.1m to 44.8m.

Hole C-12-08 is located approximately 200m southeast of C-09-08 and was drilled northwesterly to intersect the Boom Lake Fault. This hole intersected uranium mineralization on the east flank of the Boom Lake Fault. A total of 28 samples were taken from this hole. The assays ranged from trace up to 0.173% U3O8 over sample widths from 0.3m to 1.5m. The best results obtained were: 36.7m to 37.6m (0.9m) assaying 0.082% U3O8 (1.64 lbs/ton) and 46.2m to 46.5m (0.3m) assaying 0.173% U3O8 (3.46 lbs/ton).

Hole C-13-08 is located 200m northeast of C-09-08 and was drilled northward and intersected uranium mineralization on the west flank of the Boom Lake Fault. A total of 5 samples were taken in this shallow hole. The assays ranged from 0.001% up to 0.015% U3O8 in a 4.5m intersection between 64.2m and 68.7m.

Additional information including detailed maps, images and complete drilling results of the Crackingstone Uranium Project will be posted soon on the respective company web sites.

This news release was reviewed and approved for technical disclosure by Raymond A. Bernatchez, P.Eng., Consulting Geologist, an independent qualified person under NI 43-101.

All samples were shipped in sealed containers to SRC Geo-analytical Laboratories in Saskatoon, Sask., for analysis. All samples were analyzed using standard ICP partial and total digestion methods. A QA/QC program was implemented as part of the sampling procedure for the drill program. Field duplicates and field blanks were inserted into the sample stream with at least one standard sample and duplicate inserted every 19 and 37 samples respectively for quality checks. The laboratory also has an extensive in-house quality control system.

About Belmont Resources Inc.

Belmont Resources Inc. is focused on acquiring and developing uranium properties in developed and emerging uranium districts. Belmont (50/50) with International Montoro Resources Inc. has acquired two significant uranium properties (Crackingstone (982 ha) & Orbit Lake (11,109 ha)) in the Uranium City District, Northern Saskatchewan (recently optioned the Orbit claim block to Ultra Uranium Corp. (TSX VENTURE:ULU)). Belmont has also staked (100% owned) 63,184 ha in the Wollaston/Reindeer Lake-Compulsion Bay area, southeast Athabasca Basin, Saskatchewan. The Company also holds interests (50/50 with Int. Montoro) in two claim blocks in the Central Mineral Belt in Labrador.

Further information can be obtained from the Company website at www.BelmontResources.com and www.sedar.com, or by phoning 604-683-6648.

About International Montoro Resources Inc.

International Montoro Resources is focused on advancing its 100 percent optioned Elliot Lake uranium project in northern Ontario. In addition the Company is continuing development with Belmont (50/50) of its Crackingstone (982 ha) & Orbit (11,109 ha) properties in the Uranium City District, Northern Saskatchewan. The Company also holds interests in the Cup Lake/Donen uranium project in south-central British Columbia and two claim blocks (50/50 with Belmont) in the Central Mineral Belt in Labrador.

For further information phone 604-683-6648, visit the Company website at www.MontoroResources.com and watch the Smartstox interview with President Gary Musil (www.smartstox.com/interviews/imt.php).

ON BEHALF OF THE BOARD OF DIRECTORS

Gary Musil, CFO/Director

The statements used in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Companies' forward-looking statements and expectations.

SOURCE: Belmont Resources Inc.

Belmont Resources Inc.
Dean Stuart
(403) 517-2270
Website: www.BelmontResources.com
CHF Investor Relations
Chris Haldane
(416) 868-1079, ext. 237
Website: www.MontoroResources.com

    <<
                               Gold                              Gold
    Drill Interval Intercept (grams/ Copper Including Intercept (grams/ Copper
     Hole  (meters) (meters)   tonne)  (ppm)  (meters) (meters)  tonne)  (ppm)
    >>

    <<
    VB08032 191-220    29       1.05    356
            310-629   319       1.11    582    412-533    121      1.87    717
                                               432-511     79      2.18    841
    VB08033 Hole abandoned at 42m and re-collared as VB08034
    VB08034 600-621    21       0.68    506
            630-706    76       0.77    736    695-706     11      1.64    590
    VB08035 281-392   111       0.63    318    430-464     34      1.54    363
            417-544   127       1.84    642    475-544     69      2.52    872
    VB08036 299-526   227       1.11    549    312-356     44      1.43    746
                                               442-509     67      2.07    747
    VB08037 193-245    52       1.54    705    202-234     32      2.00    770
            485-601   116       1.37    602
    >>

Four holes intersected continuous mineralization over 100 meters in length, with hole VB08032 intersecting over 300 meters of continuous mineralization. The same four holes also contained significant (32 to 79 meters) intervals of higher grade material, over 2.0 grams per tonne. All six holes were drilled at an angle to intersect mineralization at close to right angles; however, due to physical constraints and the complex nature of the deposit, true thickness of the drilled intervals cannot be assumed from the measured intercepts.

The drilling program began in April 2008, under the direct supervision of Tim Tuba, Vista's Exploration Manager in Australia, and was completed in September 2008. The core drilling was completed by Boart Longyear Australia Pty Ltd., with the sample preparation being completed by ALS Chemex in Adelaide, South Australia, followed by assaying for gold by ALS Chemex in Perth, Western Australia. A sample quality control/quality assurance program has been implemented and check assaying is being done by Genalysis Laboratory Services Pty Ltd. in Perth. Multi-element analyses, including copper, are being done by ALS Chemex, also in Perth. Sampling and assaying methods were conducted in accordance with the CIM Mineral Exploration Best Practices Guidelines. All samples taken were one meter in length, except the last interval of the drill hole. Frank K. Fenne, P.G., Vice-President of Exploration for Vista, who is a Qualified Person as defined by National Instrument 43-101, has reviewed the program and results and confirms that all protocols used in the project conform to industry standards.

Vista Gold also announces that TetraTech of Golden, Colorado, has been awarded the contract to undertake a preliminary feasibility study on our Mt. Todd Project. TetraTech has partnered with AUSENCO of Perth, Australia, for the process engineering and will be working with Vista's metallurgical consultant, Resource Development Inc. We expect the study to be undertaken in two stages. The first stage has commenced and will include an updated resource estimate, metallurgical testing, rock mechanics evaluations, and preliminary geotechnical and environmental reviews.

Fred Earnest, President & COO of Vista, stated, "This drilling program has accomplished its intended goal and as a result, we expect to see another increase in the measured, indicated and total gold resources for the Mt. Todd Project when the updated resource estimate is completed. The knowledge that we now have about the deep mineralization in the district leads me to believe that future deep drilling below other known surface gold occurrences may identify additional resources. Metallurgical testing has indicated significant opportunities for process improvements and we expect that the ongoing metallurgical test work will result in a flow sheet that addresses many of the principal metallurgical complexities of the deposit. The fact that nearly all of the last two year's drilling has been completed within the pit shape used as the basis for the 2006 Preliminary Economic Assessment indicates that we may see a significant portion of the updated measured and indicated resources converted to reserves when the preliminary feasibility study is completed. We believe this is a significant step forward in establishing the value of this gold deposit."

For further information on the Mt. Todd Project, see our technical report entitled the "Mt. Todd Gold Project, Resource Update, Northern Territory, Australia, dated May 15, 2008," which has previously been filed on http://www.sedar.com on June 4, 2008, and may also be found on Vista's website at http://www.vistagold.com.

    <<
    About Vista Gold Corp.
    >>

Since 2001, Vista has acquired a number of gold projects with the expectation that higher gold prices would significantly increase their value. For more information about our projects, including technical studies and resource estimates, please visit our website at http://www.vistagold.com. Vista has undertaken programs to advance the Paredones Amarillos Project, including the completion of a definitive feasibility study and the purchase of long delivery equipment items for use at that project. Vista's other holdings include the Guadalupe de los Reyes Project in Mexico, the Yellow Pine Project in Idaho, the Awak Mas Project in Indonesia, and the Long Valley Project in California.

This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933 and U.S. Securities Exchange Act of 1934, and forward-looking information within the meaning of applicable Canadian securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including our plans for evaluation of the Mt. Todd Project and our preliminary assessment results and timing and anticipated results for drilling, field mapping and sampling programs to be undertaken at the Mt. Todd Project; the resource estimates at the Mt. Todd Project; potential for increasing estimated resources at the Mt. Todd Project and potential for higher grade mineralization at the Mt. Todd Project; anticipated timing and results for preliminary and definitive feasibility studies to be undertaken at the Mt. Todd Project; our future business strategy, competitive strengths, goals, operations, plans, potential project development, future share price and valuation, future gold prices; our potential status as a producer; and other such matters, are forward-looking statements and information. When used in this press release, the words "estimate", "plan", "anticipate", "expect", "intend", "believe" and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements and information, including, among others, risks relating uncertainty of preliminary assessment results and of feasibility study results and estimates on which such results are based; uncertainties involved in the determination of the economic viability of a deposit, including estimates of mineral reserves, metallurgical recoveries, costs and gold prices; risks relating to scheduling for feasibility studies; risks relating to delays and incurrence of additional costs in connection with the feasibility study underway at Vista's Paredones Amarillos Project, including uncertainty relating to timing and receipt for required governmental permits; risks relating to cost increases for capital and operating costs including cost of power; risks relating to delays in commencement and completion of construction at the Paredones Amarillos Project and exploration at the Mt. Todd Project; risks of shortages of equipment or supplies; risks of significant cost increases; risks of inability to achieve anticipated production volumes; risks that Vista's acquisition, exploration and property advancement efforts will not be successful; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; uncertainties concerning reserve and resource estimates; potential effects on Vista's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; intense competition in the mining industry; uncertainty of being able to raise capital in current financial markets on favorable terms or at all; and external risks relating to the economy and credit markets in general; as well as those factors discussed in Vista's latest Annual Report on Form 10-K, Quarterly Report on Form 10-Q and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulators. Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements and information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements and information. Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise.

For further information, please contact Connie Martinez at (720) 981-1185, or visit the Vista Gold Corp. website at http://www.vistagold.com

SOURCE: Vista Gold Corp.

Connie Martinez of Vista Gold Corp., +1-720-981-1185 Web Site:
http://www.vistagold.com