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RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2021
Text block [abstract]  
RELATED PARTY TRANSACTIONS
12.
RELATED PARTY TRANSACTIONS
The remuneration of key management which includes directors and management personnel responsible for planning, directing, and controlling the activities of the Company during the period was as
follows:
 
 
  
For the year ended December 31
 
 
  
2021
 
  
2020
 
Short-term compensation
(1)
  
$
 6,214
 
   
$
 4,772  
Share-based payments
(2)
   
 
 29,231
 
      8,624  
Consulting fees
(3) (4)
   
 
 212
 
      130  
    
 
 
 
   
 
 
  
    
$
 35,657
 
   
$
  13,526  
    
 
 
     
 
 
  
 
(1)
Short-term compensation to key management personnel for the year ended December 31, 2021 amounted to $6,214 (2020
 - $
4,772) of which $5,954 (2020
 
-
$4,122) was expensed and included in salaries, benefits, and directors’ fees on the statement of net loss and comprehensive loss. The remaining $260 (2020
 
-
$650) was capitalized to exploration and evaluation assets.
(2)
Share-based payments to key management personnel for the year ended December 31, 2021 amounted to $29,231 (2020
 
-
 
$8,624) of which $28,766 (2020
 
-
$8,451) was expensed and $465 (2020
 
-
$173) was capitalized to exploration and evaluation assets
.
(3)
The Company used consulting services from a company associated with one of its directors in relation to advice on corporate matters for the year ended December 31, 2021 amounting to $130 (2020
 
-
$130).
(4)
The Company used consulting services from a company associated with one of its employees in relation to various studies for the year ended December 31, 2021 amounting to $82 (2020
 
-
$nil).
 

As
 
at December 31, 2021, there was $58 (December 31, 2020
 
-
$45) included in accounts payable and accrued liabilities owing to its directors and officers for compensation.