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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2018

Income Taxes Tables Abstract

Schedule of Income tax expense

		2018				2017				2016

Current income tax expense		$	1,052			$	2,911			$	3,434
Deferred income tax expense (recovery)			(645	)			(140	)			1,005
Total income tax expense		$	407			$	2,771			$	4,439

Schedule of reconciliation of income taxes

		2018				2017				2016
						(Note 3)				(Note 3)
Net income before income taxes		$	2,033			$	5,293			$	6,455
Combined statutory tax rate			27.00	%			26.00	%			26.00	%

Income tax expense at the Canadian statutory rate			549				1,376				1,678

Reconciling items:
Effect of difference in foreign tax rates			48				285				307
Non-deductible/non-taxable items			(121	)			602				700
Change in unrecognized deductible temporary differences			(257	)			1,086				1,408
Impact of foreign exchange			915				(491	)			778
Special mining duties			117				511				780
Impact of change of tax rates			-				(322	)			-
Revisions to estimates			(368	)			(248	)			(1,095	)
Share issue costs			(231	)			-				(379	)
Other items			(245	)			(106	)			262

Income tax expense recognized in the year		$	407			$	2,771			$	4,439

Deferred income tax assets and liabilities

		December 31,				December 31,				January 1,
		2018				2017				2017

Deferred income tax assets		$	4,654			$	4,888			$	2,831
Deferred income tax liabilities			(8,557	)			(9,436	)			(7,519	)

		$	(3,903	)		$	(4,548	)		$	(4,688	)

The approximate tax effects of each type of temporary difference that gives rise to potential deferred income tax assets and liabilities are as follows:

		December 31, 2018				December 31, 2017				January 1, 2017

Reclamation provision		$	491			$	594			$	503
Non-capital losses			3,104				3,197				-
Other deductible temporary differences			1,059				1,097				2,328
Inventory			(94	)			(230	)			(101	)
Exploration and evaluation assets			(6,378	)			(6,464	)			(4,265	)
Plant, equipment and mining properties			(2,085	)			(2,742	)			(3,153	)

Net deferred income tax liabilities		$	(3,903	)		$	(4,548	)		$	(4,688	)

Unrecognized deductible temporary differences

		December 31, 2017				December 31, 2016				January 1, 2016

Tax losses carried forward		$	13,790			$	13,973			$	17,350
Share issue costs			1,263				1,100				1,466
Plant, equipment and mining properties			6,096				6,198				3,873
Exploration and evaluation assets			1,207				1,330				1,257
Investments			44				198				189
Reclamation provision and other			9,489				10,054				5,603

Unrecognized deductible temporary differences		$	31,889			$	32,853			$	29,739