XML 35 R14.htm IDEA: XBRL DOCUMENT
v3.25.1

INCOME TAXES | 12 Months Ended
--- | ---
Dec. 31, 2024
INCOME TAXES [abstract] |
INCOME TAXES [Text Block] | 9. INCOME TAXES Income tax expense differs from the amount that would result from applying Canadian income tax rates to earnings before income taxes. These differences result from the following items:
|  | Year ended |
|  | December 31, |  |  |  | December 31, |
|  | 2024 |  |  |  | 2023 |
Loss before income taxes | $ | (5,424 | ) |  | $ | (4,476 | )
Canadian federal and provincial income tax rates |  | 27.00% |  |  |  | 27.00% |
Income tax recovery based on the above rates |  | (1,464 | ) |  |  | (1,209 | )
Difference between Canadian and foreign tax rate |  | (128 | ) |  |  | (323 | )
Permanent differences |  | 890 |  |  |  | 1,490 |
Changes in unrecognized deferred tax assets |  | 761 |  |  |  | 814 |
Other adjustments |  | (7 | ) |  |  | 589 |
Total income tax expense | $ | 52 |  |  | $ | 1,361 |
Current income tax expense | $ | 52 |  |  | $ | 1,227 |
Deferred income tax expense | $ | - |  |  | $ | 134 |
The composition of the Company's net deferred income tax liability that has been recognized is as follows:
|  | As at |
|  | December 31, |  |  |  | December 31, |
|  | 2024 |  |  |  | 2023 |
Deferred tax assets: |  |  |  |  |  |  |
Mineral expenditures and capital assets | $ | 2,060 |  |  | $ | 3,184 |
Share issue costs |  | 455 |  |  |  | 828 |
Non-capital losses and others |  | 12,651 |  |  |  | 9,609 |
|  | 15,166 |  |  |  | 13,621 |
Unrecognized deferred tax assets |  | (10,688 | ) |  |  | (12,696 | )
Deferred tax liabilities |  | (4,909 | ) |  |  | (1,356 | )
Net deferred income tax liabilities | $ | (431 | ) |  | $ | (431 | )
Deferred income tax assets | $ | 105 |  |  | $ | 105 |
Deferred income tax liabilities | $ | (536 | ) |  | $ | (536 | )
The Company's significant temporary differences, unused tax credits, and unused tax losses that have not been recognized as deferred income tax assets as at December 31, 2024, are as follows:
|  | Mineral |  |  |  |  |  |  |  |  |  |
|  | expenditures |  |  |  |  |  | Non-capital |  |  |  |
|  | and other |  |  | Share issue |  |  | losses and |  |  |  |
|  | capital assets |  |  | costs |  |  | others |  |  | Total |
Expiry 2026 to 2043 | $ | - |  | $ | 1,684 |  | $ | 24,248 |  | $ | 25,932 |
No expiry date | $ | 10,795 |  | $ | - |  | $ | 6,536 |  | $ | 17,331 |
Tax attributes are subject to review, and potential adjustments, by tax authorities.

X
- Definition The entire disclosure for income taxes. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2024-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=12&code=ifrs-tx-2024-en-r&doctype=Standard&dita_xref=IAS12_g79-88_TI -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfIncomeTaxExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration