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Share Capital (Tables)
 12 Months Ended
Dec. 31, 2023
Share Capital [Abstract]  
Schedule of Weighted Average Assumptions Used in the Black-Scholes Option Pricing Model The weighted average assumptions used in the Black-Scholes option pricing model are as follows:
Weighted Average    
Quantity   1,066,500    263,500 
Exercise Price  $3.91   $3.25 
Share price  $3.20   $3.20 
Discount Rate   4.19%   4.19%
Expected life (years)   2.25    2.25 
Volatility   81.81%   81.81%
Fair value of finders’ warrants (CAD per option):  $1.38   $1.54 
Schedule of Company’s Stock Options Outstanding The Company’s stock options outstanding at December 31, 2023 and December 31, 2022, and the changes for the year then ended, are as follows:
   Year ended
December 31, 2023		   Year ended
December 31, 2022		 
   Options   Weighted
average
exercise price		   Options   Weighted
average
exercise price		 
   #   CAD $   #   CAD $ 
Options outstanding, beginning of period/year   7,235,648    2.52    5,272,294    1.42 
Granted   2,670,181    2.85    3,107,501    4.10 
Exercised   (575,676)   1.31    (1,016,436)   1.51 
Forfeited/expired   (917,271)   3.20    (127,711)   3.60 
Options outstanding   8,412,882   $2.63    7,235,648   $2.52 
Options exercisable   5,921,267   $2.39    4,928,144   $1.78 
Schedule of Stock Options Outstanding As of December 31, 2023, stock options outstanding were as follows:
        Options Outstanding   Options Exercisable 
        December 31, 2023   December 31, 2023 
Option price
per share		  

Options

#

   Weighted
remaining life
(years)		   Weighted
exercise price
CAD $		  

Options

#

   Weighted
exercise price
CAD $		 
$ 0.18 - 1.92   2,792,289    0.33   $0.77    2,792,289   $0.77 
$ 2.40 - 3.79   2,981,008    1.43   $2.89    1,090,331   $2.92 
$ 4.20 - 5.76   2,639,585    0.93   $4.30    2,038,647   $4.33 
      8,412,882    2.68   $2.63    5,921,267   $2.39 
Schedule of Weighted Average Assumptions Used in Calculating the Fair Values The weighted average assumptions used in calculating the fair values are as follows:
   December 31,   December 31, 
   2023   2022 
Risk-free interest rate   3.34%   2.06%
Expected life of option   5.0 years    4.9 years 
Expected dividend yield   0%   0%
Expected stock price volatility   95.43%   116.48%
Fair value per option   CAD $2.10    CAD $3.21 
Schedule of the Status of the Company’s Warrants A summary of the status of the Company’s warrants as of December 31, 2023, and December 31, 2022, and changes during the year then ended is as follows:
   Year ended
December 31, 2023		   Year ended
December 31, 2022		 
   Warrants   Weighted
average
exercise price		   Warrants   Weighted
average
exercise price		 
   #   CAD $   #   CAD $ 
Warrants outstanding, beginning of year   7,494,506    4.43    6,298,839    2.43 
Granted   30,013,783    3.80    3,670,919    5.81 
Exercised   (6,034,479)   3.35    (2,291,642)   1.39 
Expired   (12,006)   2.02    (183,610)   1.67 
Warrants outstanding, end of period/year   31,461,804    4.04    7,494,506    4.43 
Schedule of Share Purchase Warrants Outstanding As of December 31, 2023, share purchase warrants outstanding were as follows:
        Warrants Outstanding 
        December 31, 2023 
Warrant price  Warrants   Weighted average
remaining life		   Weighted average
exercise price		 
per share  #   (years)   CAD $ 
$3.00 - 4.051   28,088,438    1.77   $          3.81 
$4.59 - 6.00   3,373,366    0.02   $5.96 
    31,461,804    1.79   $4.04 
1 Includes 1,000 outstanding warrants at an exercise price of C$3.00 which also include power warrants exercisable into one share and one-half warrant. Each whole warrant is exercisable at C$3.90 for 36 months.
Schedule of Reconciliation of the Convertible Debenture Components A reconciliation of the convertible debenture components is as follows:
   Liability   Equity   Total 
   $   $   $ 
Balance, December 31, 2022 and December 31, 2023   
-
    
-
    
-
 
                
Issuance of promissory note   56,186,734    3,813,266    60,000,000 
Accretion expense   3,052,433    
-
    3,052,433 
Principal payments   (40,000,000)   
-
    (40,000,000)
Accrued interest, not yet paid   
-
    
-
    
-
 
Balance, December 31, 2023   19,239,167    3,813,266    23,052,433 
Liabilities:               
Current portion - convertible debenture (accrued interest)   
-
    
-
    
-
 
Long term portion - convertible debenture   19,239,167    
-
    19,239,167 
Balance, December 31, 2023   19,239,167    
-
    19,239,167