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FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2021

Schedule of Foreign Currency Risk

		September 30, 2021								December 31, 2020
		MXN				CDN				MXN				CDN
Cash		$	7,017			$	2,655			$	36,896			$	2,831
Long-term investments			-				4,210				-				5,317
Reclamation bonds			-				6				-				6
Amounts receivable			-				29				-				20
Accounts payable and accrued liabilities			(11,775	)			(302	)			(22,972	)			(157	)
Due to related parties			-				(263	)			-				(196	)
Finance lease obligations			(582	)			(385	)			(1,543	)			(448	)
Net exposure			(5,340	)			5,951				12,381				7,373
US dollar equivalent		$	(262	)		$	4,670			$	620			$	5,791

Schedule of Fair Value On Recurring Basis

		Level 1				Level 2				Level 3
Financial assets
Cash		$	22,341			$	-			$	-
Amounts receivable			-				1,513				-
Long-term investments			3,304				-				40
Total financial assets		$	25,645			$	1,513			$	40
Financial liabilities
Warrant liability			-				-				(761	)
Total financial liabilities		$	-			$	-			$	(761	)

Schedule of Fair Value Assumption

		September 30, 2021				March 11, 2021
Weighted average assumptions:
Risk-free interest rate			0.52	%			0.26	%
Expected dividend yield			0	%			0	%
Expected life (years)			2.45				3.00
Expected stock price volatility			128.00	%			129.51	%
Weighted average fair value at grant date			C$0.17				C$0.32

Schedule of Contractual Obligations and Commitments

		Total				Less Than 1 Year				1-5 years				More Than 5 Years
Accounts payable and accrued liabilities		$	3,079			$	3,079			$	-			$	-
Amounts due to related parties			175				175				-				-
Minimum rental and lease payments			303				64				83				156
Finance lease obligations			1,167				398				769				-
Total		$	4,724			$	3,716			$	852			$	156