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NOTE 5. INVESTMENT IN GALORE CREEK (Tables)
3 Months Ended
Feb. 29, 2016
Changes in the Company's investment
             
    Three months ended  
    February 29,     February 28,  
    2016     2015  
Balance – beginning of period   $ 1,058     $ 1,618  
Share of losses                
Mineral property expenditures     (1,964 )     (2,453 )
Depreciation     (39 )     (43 )
      (2,003 )     (2,496 )
Funding     1,848       2,352  
Balance – end of period   $ 903     $ 1,474  
Net assets
   

At

February 29,

2016

   

At

November 30,

2015

 
Current assets: Cash, prepaid expenses and other receivables   $ 1,488     $ 1,762  
Non-current assets: Property and equipment     532       232  
Non-current assets: Mineral property     32,692       32,692  
Current liabilities: Accounts payable and accrued liabilities     (1,117 )     (936 )
Non-current liabilities: Reclamation obligation     (692 )     (692 )
Net assets   $ 32,903     $ 33,058  
The Galore Creek Partnership, British Columbia, Canada  
Changes in the Company's investment
    Three months ended  
    February 29,     February 28,  
    2016     2015  
Balance – beginning of period   $ 242,906     $ 283,247  
Share of losses                
Mineral property expenditures     (59 )     (13 )
Care and maintenance expense     (135 )     (113 )
      (194 )     (126 )
Funding     215       176  
Foreign currency translation     (3,195 )     (24,052 )
Balance – end of period   $ 239,732     $ 259,245  
Net assets
   

At

February 29,

2016

   

At

November 30,

2015

 
Current assets: Cash, prepaid expenses and other receivables   $ 254     $ 497  
Non-current assets: Mineral property     215,657       218,532  
Current liabilities: Accounts payable and accrued liabilities     (50 )     (365 )
Non-current liabilities: Payables and decommissioning liabilities     (7,068 )     (7,162 )
Net assets   $ 208,793     $ 211,502