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Asset Acquisition (Tables)
12 Months Ended
Dec. 31, 2023
Asset Acquisition [Abstract]  
Schedule of Asset Acquisition The transaction did not qualify as a business combination according to the definition in IFRS 3 Business Combinations. It has been accounted for as an asset acquisition with the purchase price allocated based on the estimated fair value of the assets and liabilities summarized as follows:
Consideration  $ 
Cash   60,000,000 
Convertible promissory note   60,000,000 
Fair value of replacement options   81,414 
Transaction costs   493,127 
Total consideration value   120,574,541 
      
Net assets acquired  $ 
Prepaids   42,374 
Property, plant, and equipment   6,111,000 
Mineral properties   120,196,484 
Asset retirement obligations   (5,488,969)
Accounts payable and accrued liabilities   (286,348)
Total net assets acquired   120,574,541 
Schedule of Weighted Average Assumptions Used in the Black-Scholes Option Pricing Model The value of the replacement options has been derived using the Black-Scholes option pricing model. The weighted average assumptions used in the Black-Scholes option pricing model are as follows:
Weighted Average    
Exercise Price  $3.10 
Share price  $3.20 
Discount Rate   3.39%
Expected life (years)   5.00 
Volatility   99.48%
Fair value of replacement options (CAD per option):  $2.43