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RELATED PARTY BALANCES AND TRANSACTIONS (Tables) | 12 Months Ended
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Dec. 31, 2021
RELATED PARTY BALANCES AND TRANSACTIONS |
Summary of the related party transactions | ​
​ | ​ | ​ | ​ | ​
​ |  | Year ended December 31,
​ |  | 2021 |  | 2020
​ | ​ | $ | ​ | $
Amounts paid to Goldspot Discoveries Inc. (i) for administration, exploration and evaluation |  | (1,356,384) |  | (147,690)
Amounts paid to Mexican Gold Mining Corp. (ii) for legal fees |  | — |  | (127,234)
Options exercised by members of key management |  | 666,875 |  | 5,753,625
(i) | Goldspot Discoveries Inc. is a related entity having the following common director and officer to the Company: Denis Laviolette, Director and President.
(ii) | Mexican Gold Mining Corp. is a related entity having the following common director and officer to the Company: John Anderson, Director, Michael Kanevsky, Chief Financial Officer.
Summary of key management personnel compensation | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | ​ |  | Year ended
​ | ​ | Salaries and | ​ | Share-based | ​ | ​ | ​ | December 31,
​ | ​ | Consulting | ​ | compensation | ​ | Bonus | ​ | 2021
​ | ​ | $ | ​ | $ | ​ | $ | ​ | $
Executive Chairman |  | 300,000 |  | 1,291,220 |  | 100,000 |  | 1,691,220
Chief Executive Officer |  | 300,000 |  | 1,291,220 |  | 100,000 |  | 1,691,220
President |  | 210,000 |  | 1,291,220 |  | 70,000 |  | 1,571,220
Chief Financial Officer |  | 72,000 |  | — |  | — |  | 72,000
Chief Operating Officer |  | 195,000 |  | 544,192 |  | 65,000 |  | 804,192
Non-executive directors |  | 80,129 |  | 1,546,426 |  | — |  | 1,626,555
Total |  | 1,157,129 |  | 5,964,278 |  | 335,000 |  | 7,456,407
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Year ended
​ | ​ | Salaries and | ​ | Share-based | ​ | ​ | ​ | December 31,
​ | ​ | Consulting | ​ | compensation | ​ | Bonus | ​ | 2020
​ |  | $ |  | $ |  | $ |  | $
Executive Chairman |  | 269,070 |  | 15,233,481 | ​ | 75,000 | ​ | 15,577,551
Chief Executive Officer |  | 250,000 |  | 4,722,549 | ​ | 325,000 | ​ | 5,297,549
President |  | 195,000 |  | 1,281,825 | ​ | 75,000 | ​ | 1,551,825
Chief Financial Officer |  | 72,900 |  | — | ​ | — | ​ | 72,900
Chief Operating Officer |  | 157,083 |  | 291,310 | ​ | 33,000 | ​ | 481,393
Non-executive directors |  | 20,000 |  | 886,614 | ​ | — | ​ | 906,614
Total |  | 964,053 |  | 22,415,779 | ​ | 508,000 | ​ | 23,887,832
​

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