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MINERAL PROPERTIES AND PROPERTY, PLANT AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2026

Property, Plant and Equipment [Abstract]

Schedule of Summary of Mineral Properties

The following table is a summary of mineral properties:

			June 30, 2026						December 31, 2025
Vara Mada Project			$	208,056					$	191,508
Sheep Mountain			34,183						34,183
Bahia Project			32,613						32,613
Nichols Ranch ISR Project			25,974						25,974
Roca Honda			22,095						22,095
Pinyon Plain			10,764						9,338
Other			1,687						1,687
Total mineral properties			$	335,372					$	317,398
Less: accumulated depletion			(6,783)						(5,132)
Mineral properties, net			$	328,589					$	312,266

Schedule of Property, Plant and Equipment

The following table is a summary of property, plant and equipment, net:

			Estimated
			Useful Lives						June 30, 2026						December 31, 2025
Land			N/A						$	7,416					$	7,416
Plant facilities			12 - 15 years						66,934						66,053
Mining equipment			5 - 10 years						30,229						28,329
Light trucks and utility vehicles			5 years						5,004						4,635
Office furniture and equipment			4 - 7 years						2,128						1,985
Construction-in-progress			N/A						14,368						9,336
Total property, plant and equipment									$	126,079					$	117,754
Less: accumulated depreciation									(51,889)						(47,959)
Property, plant and equipment, net									$	74,190					$	69,795

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Schedule of Summary of Mineral Properties

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

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