RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure of Information About Key Management Personnel

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.