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Statements of Cash Flows - CAD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities    
Loss for the year $ (79,890,763) $ (89,989,659)
Adjustments for:    
Depreciation 940,208 880,396
Gain on sale of exploration and evaluation assets (4,123,183) (12,161)
Gain on lease derecognition   (2,027)
Loss from equity investment 795,995  
Impairment of equity investment 1,000,237  
Loss on disposal of property and equipment 5,928  
Impairment of exploration and evaluation assets 8,000  
Revaluation of secured notes (33,599)  
Foreign exchange loss on secured notes 43,299  
Interest expense 27,119 15,988
Settlement of flow-through share premium (22,932,528) (17,165,846)
Share-based compensation 1,410,563 8,489,387
Realized losses on disposal of investments   4,675,084
Unrealized losses on investments 4,079,063 14,938,953
Total adjustments to reconcile profit (loss) (98,669,661) (78,169,885)
Change in non-cash working capital items:    
(Increase) decrease in prepaid expenses and deposits (97,103) 757,003
(Increase) decrease in other assets (106,179) 38,008
(Increase) in sales taxes recoverable (155,358) (1,337,106)
(Increase) in interest receivable (75,322)  
(Decrease) increase in accounts payable and accrued liabilities (170,689) 4,331,483
Net cash used in operating activities (99,274,312) (74,380,497)
Cash flows used in investing activities    
Expenditures on claims staking and mineral license renewals (16,565) (16,294)
Purchases of exploration and evaluation assets (208,034) (200,000)
Transaction costs on sale of exploration and evaluation assets (94,752)  
Proceeds on sale of exploration and evaluation assets   12,161
Proceeds on disposal of investments   4,827,266
Proceeds on disposal of property and equipment 9,084  
Purchases of property and equipment (1,487,150) (5,361,007)
Purchase of secured notes (2,464,000)  
Purchase of investments (174,500)  
Net cash used in investing activities (4,435,917) (737,874)
Cash flows from financing activities    
Issuance of common shares in prospectus offering 78,986,588 52,549,677
Share issue costs (3,517,377) (3,333,880)
Stock options exercised 131,630 7,649,906
Warrants exercised   55,140
Lease payments (171,076) (121,775)
Net cash generated from financing activities 75,429,765 56,799,068
Net decrease in cash (28,280,464) (18,319,303)
Cash at beginning of year 82,165,273 100,484,576
Cash at end of year $ 53,884,809 $ 82,165,273