XML 15 R3.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Interim Statements of Operations and Comprehensive Income (Loss) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Condensed Consolidated Interim Statements of Operations and Comprehensive Income (Loss)        
Revenue from mining operations $ 9,118,000 $ 1,881,000 $ 29,538,000 $ 1,910,000
Cost of sales 7,058,000 1,043,000 18,832,000 2,769,000
Mine operating income (loss) 2,060,000 838,000 10,706,000 (859,000)
Operating expenses        
General and administrative expenses 997,000 815,000 3,469,000 2,726,000
Share-based payments 556,000 277,000 1,618,000 1,391,000
Income (loss) before other items 507,000 (254,000) 5,619,000 (4,976,000)
Other items        
Interest and other income 15,000 14,000 67,000 143,000
Loss on long-term investments (1,221,000) (1,103,000) (2,503,000) (1,002,000)
Fair value adjustment on warrant liability 86,000 516,000 2,692,000 1,560,000
Realized loss on warrants exercised 0 0 0 (1,111,000)
Unrealized foreign exchange gain (loss) 251,000 716,000 (231,000) (187,000)
Project evaluation expenses (5,000) 0 (80,000) 0
Finance cost (87,000) (8,000) (188,000) (46,000)
Accretion of reclamation provision (11,000) (13,000) (32,000) (36,000)
Interest expense (23,000) (13,000) (66,000) (15,000)
Income (loss) before income taxes (488,000) (145,000) (5,278,000) (5,670,000)
Income taxes:        
Current income tax expense (142,000) (13,000) (642,000) (25,000)
Deferred income tax recovery (expense) (499,000) (56,000) (2,836,000) 1,009,000
Income tax recovery (expense) (641,000) (69,000) (3,478,000) 984,000
Net income (loss) (1,129,000) (214,000) 1,800,000 (4,686,000)
Other comprehensive income (loss)        
Currency translation differences (290,000) (1,235,000) (52,000) (128,000)
Total comprehensive income (loss) $ (1,419,000) $ (1,449,000) $ 1,748,000 $ (4,814,000)
Income (loss) per share        
Basic income $ (0.01) $ (0.00) $ 0.02 $ (0.05)
Diluted income $ (0.01) $ (0.00) $ 0.02 $ (0.05)
Weighted average number of common shares outstanding        
Basic 117,876,825 101,559,946 113,027,305 99,457,201
Diluted 117,876,825 101,559,946 116,275,433 99,457,201