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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2023

INCOME TAXES

Schedule of statutory rates to the loss before provision for income taxes

​

​	​	​	​	​	​
​	​	2023	​	2022	​
​		$		$	​
(Loss) before income taxes	​	(79,890,763)		(89,989,659)	​
Statutory tax rate	​	27.00	%	27.00	%
Income tax (recovery) at statutory rate	​	(21,571,000)		(24,297,000)	​
Flow-through shares and other non-deductible differences	​	16,107,000		17,468,000	​
Change in unrecognized deductible temporary differences	​	5,464,000		6,829,000	​
Income tax expense (recovery)	​	—		—	​

Schedule of components of the deferred tax assets and liabilities

​

​	​	​	​	​
​	​	2023	​	2022
​		$		$
Investments	​	16,166,000		10,291,000
Exploration and evaluation assets	​	20,296,000		14,290,000
Non-capital tax losses carryforward	​	28,328,000		18,416,000
Net capital losses carryforward	​	11,528,000		11,528,000
Capital assets	​	2,276,000	​	1,362,000
Reclamation provision	​	1,285,000	​	1,411,000
Other	​	7,688,000		7,096,000
Total	​	87,567,000	​	64,394,000

Schedule of non-capital losses expire

​

​	​	​
Expiry Date		$
2040		791,000
2041		7,661,000
2042		9,964,000
2043	​	9,912,000
​		28,328,000

X

- Definition

The disclosure of types of temporary differences, unused tax losses and unused tax credits. [Refer: Unused tax credits [member]; Unused tax losses [member]; Temporary differences [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 12
-IssueDate 2023-01-01
-Paragraph 81
-Subparagraph g
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=12&code=ifrs-tx-2023-en-r&anchor=para_81_g&doctype=Standard
-URIDate 2023-03-23

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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- Definition

Tabular disclosure of pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carry forwards, including an assessment of the likelihood of utilization.

+ References

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