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RELATED PARTY TRANSACTIONS | 12 Months Ended
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Dec. 31, 2018
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RELATED PARTY TRANSACTIONS |
10. | RELATED PARTY TRANSACTIONS
Key management personnel include those persons having authority and responsibility for planning, directing and controlling the activities of the Company as a whole. The Company has determined that key management personnel consists of executive and non-executive members of the Company’s Board of Directors and corporate officers. Remuneration attributed to key management personnel can be summarized as follows:
|  | For the years ended |
|  | December 31, 2018 |  |  | December 31, 2017 |
Short-term compensation(1) |  | $ | 3,961,649 |  |  | $ | 4,101,441 |
Share-based payments (stock options)(2) |  |  | 12,377,331 |  |  |  | 8,830,606 |
|  | $ | 16,338,980 |  |  | $ | 12,932,047 |
(1) | Short-term compensation to key management personnel for the year ended December 31, 2018 amounted to $3,961,649 (2017 - $4,101,441) of which $3,320,106 (2017 - $3,164,827) was expensed and included in salaries, benefits and directors’ fees on the statement of loss and comprehensive loss. The remaining $641,543 (2017 - $936,614) was capitalized to exploration and evaluation assets.
(2) | Share-based payments to key management personnel for the year ended December 31, 2018 amounted to $12,377,331 (2017 - $8,830,606) of which $11,534,811 (2017 - $7,696,538) was expensed and $842,520 (2017 - $1,134,068) was capitalized to exploration and evaluation assets.
As at December 31, 2018, there was $1,415,900 (December 31, 2017 - $542,361) included in accounts payable and accrued liabilities owing to its directors and officers for compensation.

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- Definition The entire disclosure for related parties. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2018-01-01 -Section Disclosures -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=24&date=2018-03-01&anchor=sect_Disclosures&doctype=Standard -URIDate 2018-03-16 + Details
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