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Related party transactions and balances (Tables)
12 Months Ended
Dec. 31, 2022
Related party transactions and balances [Abstract]  
Schedule of amounts paid to key management or entities providing similar services
       December 31,
2022
$
   December 31,
2021
$
 
Consulting   (1)   103,514    61,899 
Data acquisition   (2)   55,150    - 
Directors’ fees   (3)   192,604    - 
Office and administration        -    13,402 
Staff costs        1,607,211    1,151,731 
Stock option expense        4,729,503    749,255 
Total key management compensation        6,687,982    1,976,287 

 

(1)- During the year ended December 31, 2022, the Company incurred communications & community engagement consulting fees of $103,514 (2021 - $61,899) according to a contract with Tintina Holdings, Ltd., a company owned and operated by the spouse of the Company’s Executive Chairman.

 

(2)- In June 2022, the Company acquired access to the Getty Minerals database pursuant to a purchase agreement with Platoro West Inc., a company owned and operated by the Company’s Executive Chairman (Note 7).

 

(3)– Directors’ Fees are included in staff costs on the consolidated statement of loss and other comprehensive income (loss).

 

Schedule of owing to related parties
      December 31,
2022
$
   December 31,
2021
$
   January 1,
2021
$
 
Tintina Holdings, Ltd  Consulting services   12,744    6,893    0 
Officers and Board members  Accrued compensation   428,630    -    2,319 
       441,374    6,893    2,319