Exhibit 5

                        [LETTERHEAD OF CAMPION MACDONALD]

April 9, 2003

Vista Gold Corp.
Suite 5, 7961 Shaffer Parkway
Littleton, Colorado
80127

Dear Sirs/Mesdames:

Re:  Vista Gold Corp.
     Our File: 20030154

We have acted as special Yukon counsel for Vista Gold Corp., a corporation
incorporated under the laws of British Columbia and continued to the Yukon
Territory (the "Company"), which we understand will file with the Securities and
Exchange Commission (the "Commission") under the Securities Act of 1933, as
amended (the "Securities Act"), a Registration Statement on Form S-3 (the
"Registration Statement"), including a prospectus to be filed with the
Commission pursuant to Rule 424(b) of Regulation C promulgated under the
Securities Act (the "Prospectus") relating to an aggregate of 2,807,352 common
shares without par value (the "Shares"), of the Company, of which: (i) 1,407,352
Shares (the "Issued Shares") are currently issued and outstanding; and (ii)
1,400,000 Shares (the "Warrant Shares") are issuable on exercise of outstanding
warrants of the Company (the "Warrants"). All 2,807,352 Shares will be sold by
certain security holders of the Company (the "Selling Security Holders").

For the purpose of this opinion we have reviewed such corporate records of the
Company and such other documents as we have deemed appropriate to give this
opinion.

We have assumed the genuineness of all signatures, the legal capacity of all
individuals and the authenticity of all documents submitted to us as originals,
the conformity to authentic original documents of all documents submitted to us
as certified, conformed or photostatic copies or facsimiles thereof, and the
completeness and accuracy of the corporate records in our possession as of the
date hereof.

With respect to the opinion in paragraph 1 below, we have assumed that the
Company has received full consideration for the Issued Shares and that the value
of the property or past service received by the Company for the Issued Shares
was not less than the fair equivalent of the money that the Company would have
received if the Issued Shares had been issued for money.

Based upon and subject to the foregoing, we are of the opinion that:

1.    The Issued Shares have been duly authorized and validly issued and are
      fully paid and non-assessable common shares in the capital of the Company.

2.    The Warrant Shares to be issued upon exercise of the Warrants have been
      allotted and duly authorized for issuance to the holders, from time to
      time, of the Warrants, and the Warrant Shares will, when issued upon the
      exercise of the Warrants in accordance with the terms of the Warrant
      certificates, be validly issued to the holder thereof as fully paid and
      non-assessable common shares in the capital of the Company.





CAMPION MACDONALD

                                       -2-

The opinions expressed in this letter are subject to the following exceptions
and qualifications:

(a)   we do not express any opinion with respect to the laws of any jurisdiction
      other than the Yukon Territory and the laws of Canada specifically
      applicable thereto; and

(b)   our opinions are based on legislation and regulations in effect on the
      date hereof.

We hereby consent to the filing of this opinion as an exhibit to the
Registration Statement and to the reference to this firm appearing under the
heading "Legal Matters" in the Prospectus. In giving such consent, we do not
thereby admit that we are in the category of persons whose consent is required
under Section 7 of the Securities Act or the General Rules and Regulations of
the Commission thereunder.

Yours very truly,

CAMPION MACDONALD

"Gareth C. Howells"

Gareth C. Howells
GCH/mlp