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FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2022
Financial Instruments [Abstract]  
Contractual Maturities of Non-Derivative Liabilities
The following table summarizes the Company's contractual maturities and the timing of cash flows as at December 31, 2022. The amounts presented are based on the undiscounted contractual cash flows and may not agree with the carrying amounts on the Financial Statements.

With 1 year1-2 years2-3 yearsThereafterTotal
Accounts payable and accrued liabilities$17,233$—$—$—$17,233
Convertible loans——60,000—60,000
Gold Prepay Agreement17,04317,46913,359—47,871
Silver Purchase Agreement14,6048,6792,191—25,474
Deferred consideration47,000———47,000
Reclamation and closure obligations92385781094,56597,155
Total$96,803$27,005$76,360$94,565$294,733
Disclosure of significant unobservable inputs used in fair value measurement of assets
The following table presents the changes in level 3 items for the periods ended December 31, 2022 and December 31, 2021:

OrionSprottTrident
Stream AgreementDeferred considerationConversion and change of control rightsSilver Purchase Agreement - silver price derivativeGold Prepay Agreement - gold price derivativeConversion and change of control rightsA&R Offtake gold lookback option
Balance as at January 1, 2021$— $— $— $— $— $— $— 
Initial recognition(853)(41,895)(13,599)— — (2,733)(577)
Principal repayment11 — — — — — — 
Disposals897 — — — — — — 
Fair value adjustments(55)(648)(4,935)— — (1,162)(153)
Balance as at December 31, 2021$— $(42,543)$(18,534)$— $— $(3,895)$(730)
Fair value adjustments— (3,262)(8,495)1,898 2,916 (1,404)— 
Balance as at December 31, 2022$— $(45,805)$(27,029)$1,898 $2,916 $(5,299)$(730)
Disclosure of significant unobservable inputs used in fair value measurement of liabilities
The fair value of the warrants were calculated using the Black-Scholes option pricing model, or a Monte Carlo simulation model, if applicable taking into the account the four months hold restriction, and with the following weighted average assumptions:

December 31,
2022		December 31,
2021
Risk free rate
3.96% to 4.25%
0.18% to 0.69%
Warrant expected life
15 to 24 months
4 to 30 months
Expected volatility
56% to 60%
50% to 57%
Expected dividend0%0%
Share priceC$3.78C$3.11
The following table presents the changes in level 3 items for the periods ended December 31, 2022 and December 31, 2021:

OrionSprottTrident
Stream AgreementDeferred considerationConversion and change of control rightsSilver Purchase Agreement - silver price derivativeGold Prepay Agreement - gold price derivativeConversion and change of control rightsA&R Offtake gold lookback option
Balance as at January 1, 2021$— $— $— $— $— $— $— 
Initial recognition(853)(41,895)(13,599)— — (2,733)(577)
Principal repayment11 — — — — — — 
Disposals897 — — — — — — 
Fair value adjustments(55)(648)(4,935)— — (1,162)(153)
Balance as at December 31, 2021$— $(42,543)$(18,534)$— $— $(3,895)$(730)
Fair value adjustments— (3,262)(8,495)1,898 2,916 (1,404)— 
Balance as at December 31, 2022$— $(45,805)$(27,029)$1,898 $2,916 $(5,299)$(730)
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets
The following table summarizes the quantitative information about the significant unobservable inputs used in level 3 fair value measurements:

Balance as at December 31, 2022Unobservable inputFair ValueChange in Fair Value
Assumption:-10%10%
Silver Purchase Agreement - silver price derivativeChange in forecast silver price1,8984,638(4,638)
Gold Prepay Agreement - gold price derivativeChange in forecast gold price2,9164,208(4,208)
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, liabilities
The following table summarizes the quantitative information about the significant unobservable inputs used in level 3 fair value measurements:

Balance as at December 31, 2022Unobservable inputFair ValueChange in Fair Value
Assumption:25%15%35%
Orion - Conversion Option and Change of Control Option
Change of control probability
(27,029)327327
Sprott - Conversion Option and Change of Control Option
Change of control probability
(5,299)(62)62