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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating Activities    
Net income $ 542 $ 3,096
Adjustments for non-cash items:    
Deferred income tax expense (recovery) (525) 3,440
Depreciation and depletion 2,919 2,186
Accretion of reclamation provision 49 44
Loss on investments 931 2,103
Unrealized foreign exchange (gain) loss 54 (303)
Unwinding of fair value adjustment 74 262
Fair value adjustment on warrant liability (478) (2,395)
Write down of equipment and materials and supplies inventory 414 330
Share-based payments 2,269 2,024
Total Adjustments For Non Cash 6,249 10,787
Net change in non-cash working capital items (4,761) 1,044
Cash provided by operating activities 1,488 11,831
Financing Activities    
Shares and units issued for cash, net of issuance costs 5,154 30
Lease liability payments (1,444) (1,179)
Equipment loan payments (222) 0
Cash provided by (used in) financing activities 3,488 (1,149)
Investing Activities    
Exploration and evaluation expenditures (1,156) (1,131)
Additions to plant, equipment and mining properties (7,375) (7,836)
Acquisition of La Preciosa (5,000) (15,134)
Cash provided by (used in) investing activities (13,531) (24,101)
Change in cash (8,555) (13,419)
Effect of exchange rate changes on cash (2) (101)
Cash, beginning 11,245 24,765
Cash, ending $ 2,688 $ 11,245