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LEASES
12 Months Ended
Dec. 31, 2021
Presentation of leases for lessee [abstract]  
LEASES
9.
LEASES
 
(a)
Right-of-use
assets
 
 
  
December 31, 2021
 
  
December 31, 2020
 
Right-of-use
assets, beginning of period
  
$
 3,544
 
  $  2,217  
Additions
  
 
29
 
    2,069  
Disposals
  
 
(147
    —    
Depreciation
  
 
(786
    (742
    
 
 
   
 
 
 
Balance, end of period
  
$
2,640
 
  $ 3,544  
    
 
 
   
 
 
 
The
right-of-use
assets recognized by the Company are comprised of $2,639 (December 31, 2020
 -
$3,463) related to corporate office leases and $1 (December 31, 2020
 -
$81) related to vehicles and are included in the office, furniture and leasehold improvements category and the field equipment and vehicles category, respectively in Note 7.
(b)
Lease liabilities
    
December 31, 2021
    
December 31, 2020
 
Lease liabilities, beginning of period
  
$
4,031
 
   $  2,645  
Additions
  
 
 
     2,121  
Terminations
  
 
(124
     (34
Interest expense on lease liabilities
  
 
265
 
     254  
Payment of lease liabilities
  
 
(1,003
     (955
Balance, end of period
  
$
3,169
 
   $ 4,031  
 
 
 
 
 
 
 
 
 
Current portion
  
 
706
 
     778  
Non-current
portion
  
 
2,463
 
     3,253  
    
 
 
    
 
 
 
Balance, end of perio
d
  
$
3,169
 
   $ 4,031  
    
 
 
    
 
 
 
The undiscounted values of the lease liabilities as at December 31, 2021 was $5,268 (December 31, 2020
 -
$6,889).
(c)
Amounts recognized in consolidated statements of net loss
 
    
Year ended December 31,
 
    
2021
    
2020
 
Expense relating to short-term leases
  
$
1,975
 
   $ 2,305  
Expense relating to variable lease payments
  
$
417
 
   $ 384  
The Company engages drilling companies to carry out its drilling programs on its exploration and evaluation properties. The drilling companies provide all required equipment for these drilling programs. These contracts are short-term in nature and the Company has elected not to recognize
right-of-use
assets and associated lease liabilities in respect to these contracts but rather to recognize lease payments associated with these leases as incurred over the lease term. Payments to the drilling companies for the year ended December 31, 2021 were $1,975 (December 31, 2020
 -
$2,305).