QuickLinks -- Click here to rapidly navigate through this documentVista Gold Corp • March 31st, 2006 • Gold and silver ores • Western Australia
BETWEEN:- WESTON INVESTMENTS PTY LIMITED (ACN 009 206 473) a company duly incorporated in the State of Western Australian and having its registered office at 945 Wellington Street, West Perth in the said State AND ORGANIC RESOURCE TECHNOLOGY LIMITED (ACN 087 244 228) a company duly incorporated in the State of Western Australia and having its registered office at Unit 11, 4-8 Queen Street, Bentley in the said State (hereinafter called "the Vendor") of the First Part
ASSIGNMENT OF DEBTVista Gold Corp • March 31st, 2006 • Gold and silver ores • Western Australia
BETWEEN: ORT LIMITED (Previously known as Masmindo Mining Corp) (ACN 087 244 228) a company duly incorporated in the state of Western Australia and having its registered office at Unit 11, 4-8 Queen Street, Bentley in the said State ("the Assignor").
INDEMNIFICATION AGREEMENTIndemnification Agreement • March 31st, 2006 • Vista Gold Corp • Gold and silver ores
THIS INDEMNIFICATION AGREEMENT is made this 13 day of December, 2005 by and between Victory Gold Inc., a Nevada corporation ("Victory"), to and for the benefit of THE FRANK W. LEWIS REVOCABLE LIVING TRUST DATED MARCH 15, 2004 and THE SHARON F. LEWIS TRUST DATED JANUARY 22, 2004 (collectively the "Shareholders").
ASSIGNMENT OF DEBTVista Gold Corp • March 31st, 2006 • Gold and silver ores
In this Agreement, the Assignor and the Assignee shall be referred to jointly as the "Parties" and individually as the "Party".
Letterhead of Vista Gold Corp.] January 19, 2005Vista Gold Corp • March 31st, 2006 • Gold and silver ores
Mr. James (Jim) A. Currie President Luzon Minerals Ltd. 9th Floor, 555 Burrard Street Box 273, Two Bentall Centre Vancouver, British Columbia V7X 1M8
ASSIGNMENT OF DEBTVista Gold Corp • March 31st, 2006 • Gold and silver ores • Western Australia
BETWEEN: CONTINENTAL GOLDFIELDS LIMITED (ACN 009 206 473) a company duly incorporated in the state of Western Australia and having its registered office at 945 Wellington Street, West Perth in the said State ("the Assignor").
INDEMNIFICATION AGREEMENTIndemnification Agreement • March 31st, 2006 • Vista Gold Corp • Gold and silver ores
THIS INDEMNIFICATION AGREEMENT is made this 13 day of December, 2005 by and between Vista Gold Corp., a corporation amalgamated under the laws of the Yukon Territory ("Vista"), to and for the benefit of THE FRANK W. LEWIS REVOCABLE LIVING TRUST DATED MARCH 15, 2004 and THE SHARON F. LEWIS TRUST DATED JANUARY 22, 2004 (collectively the "Shareholders").
QuickLinks -- Click here to rapidly navigate through this documentVista Gold Corp • March 31st, 2006 • Gold and silver ores • Western Australia
BETWEEN: WESTON INVESTMENTS PTY LIMITED (ACN 009 206 473) a company duly incorporated in the State of Western Australian and having its registered office at 945 Wellington Street, West Perth in the said State AND ORGANIC RESOURCE TECHNOLOGY LIMITED (ACN 087 244 228) a company duly incorporated in the State of Western Australia and having its registered office at Unit 11, 4-8 Queen Street, Bentley in the said State (hereinafter jointly called "the Vendor") of the First Part
QuickLinks -- Click here to rapidly navigate through this documentVista Gold Corp • March 31st, 2006 • Gold and silver ores • Western Australia
BETWEEN: ORGANIC RESOURCE TECHNOLOGY LIMITED (ACN 0887 244 228) a company duly incorporated in the State of Western Australia and having its registered office at Unit 11, 4-8 Queen Street Bentley in the said State (hereinafter called "the Vendor") of First Part
Assignment and AssumptionVista Gold Corp • March 31st, 2006 • Gold and silver ores
This Assignment and Assumption is made by and among Century Gold LLC, a Nevada limited liability company ("Century"), Donald J. Decker and Suzanne R. Decker, as Joint Trustees of the Decker Ridge Joint Revocable Trust (collectively "Decker"), and Victory Gold Inc., a Nevada corporation ("Victory").
