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Nature of Operations
12 Months Ended
Dec. 31, 2024
Nature of Operations  
Nature of Operations

1. Nature of Operations

Vista Gold Corp. and its subsidiaries operate as a development-stage company in the gold mining industry. The Company’s flagship asset is the Mt Todd gold project (“Mt Todd” or the “Project”) in Northern Territory, Australia. Our strategy is to position Mt Todd as a development opportunity within the gold sector. Since acquiring Mt Todd in 2006, we have invested substantial financial resources to systematically explore, evaluate, engineer, permit, and de-risk the Project. We do not currently generate recurring positive cash flows from mining operations.

References to $ are to United States dollars and A$ are to Australian dollars.