DENVER, May 29, 2012 /PRNewswire/ -- Vista Gold
Corp. ("Vista" or the "Corporation") (NYSE MKT and TSX: VGZ) today
announced the appointment of John F. ("Jack") Engele as Sr. Vice
President - Chief Financial Officer ("CFO") of the
Corporation. Ms. Terri Eggert,
Interim Chief Financial Officer, will continue with the Corporation
for a short period to ensure a smooth transition.
Mr. Engele has over 25 years of mining finance and accounting
experience including more than 12 years of experience in senior
finance executive and CFO roles. Mr. Engele has substantial
industry expertise in multiple areas including strategic planning,
project and corporate finance, accounting, tax, risk management and
regulatory compliance. Most recently Mr. Engele was the Sr.
Vice President - CFO of Electrum Ltd. (a privately held global gold
exploration company). Previously, Mr. Engele served as the
CFO of AngloGold Ashanti, North
America and Vice President Finance - CFO of Queenstake
Resources Ltd. Mr. Engele also has prior experience with
Vista, having served as the Corporation's Vice President Finance -
CFO from 2001-2003. Mr. Engele is a Certified Management
Accountant in British Columbia,
Canada and holds an MBA in Finance and Accounting from
Regis University in Denver, Colorado.
Vista's President and Chief Executive Officer, Fred Earnest, commented, "We are very pleased to
have Jack return to Vista as our Sr. Vice President - CFO.
His broad mining industry finance experience is an excellent
complement to the project analysis/development skill sets of the
rest of our senior management team. We look forward to his
contributions to assist us with achieving our goal of becoming a
gold producer. I would also like to thank and acknowledge
Terri Eggert for her efforts as
Vista's interim CFO over the past 12 months and wish her well in
her future endeavors."
About Vista Gold Corp.
Vista is focused on the development of the Mt. Todd gold
project in Northern Territory, Australia, to achieve its goal of becoming a
gold producer. Vista is advancing exploration on its Guadalupe de los Reyes gold/silver project in
Mexico and has granted Invecture
Group, S.A. de C.V. a right to earn a 62.5% interest in the
Concordia gold project in
Mexico. Vista's other holdings
include the Awak Mas gold project in Indonesia and the Long Valley gold project in
California. For more information
about our projects, including technical studies and resource
estimates, please visit our website at www.vistagold.com.
For further information, please contact Connie Martinez at (720) 981-1185.
SOURCE Vista Gold Corp.