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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - CAD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Statements Line Items      
ROYALTY INCOME $ 2,131,947 $ 2,857,927 $ 2,227,322
Cost of sales      
Gold tax (92,012) (120,618) (111,366)
Depletion (1,732,270) (2,282,276) (2,163,221)
Net royalty income (loss) 307,665 455,033 (47,265)
EXPLORATION EXPENDITURES 8,141,668 6,334,119 6,415,533
Less: recoveries (2,192,574) (1,863,045) (1,415,574)
Net exploration expenditures 5,949,094 4,471,074 4,999,959
GENERAL AND ADMINISTRATIVE EXPENSES      
Administrative and office 835,104 724,519 721,645
Depreciation   28,622 114,489
Investor relations and shareholder information 529,351 389,222 274,966
Professional fees 308,636 664,295 510,533
Salaries and consultants 1,157,591 1,023,831 894,166
Share-based payments 1,031,751 676,054 467,939
Transfer agent and filing fees 174,344 168,445 165,040
Travel 102,721 90,041 71,561
Total general and administrative expenses 4,139,498 3,765,029 3,220,339
Loss from operations (9,780,927) (7,781,070) (8,267,563)
Change in fair value of fair value throught profit or loss assets (1,831,833) 84,892 (559,873)
Gains (losses) in an associated company, net of dilution gains (losses) and loss on derecognition 80,310,549 (491,005) (312,934)
Interest and finance charges, net of settlement gains (losses) 484,918 284,027 137,228
Gain on acquisition and sale of exploration and evaluation assets 346,529 1,305,237 6,834,999
Foreign exchange (loss) gain 3,482,540 (659,473) (159,862)
Realized gain (loss) on sale of investments (217,462) 83,345 (287,204)
Writedown of goodwill (1,879,356) (2,709,239) (1,518,328)
Impairment of royalty interest (7,256,340) 0 0
Discretionary success bonuses (5,224,284) 0 0
Gain on derecognition and sale of property and equipment     10,723
Income (loss) before income taxes 58,434,334 (9,883,286) (4,122,814)
Deferred income tax recovery 3,683,267 2,489,902 1,439,332
Income (loss) for the year $ 62,117,601 $ (7,393,384) $ (2,683,482)
Basic earnings (loss) per share $ 0.78 $ (0.09) $ (0.04)
Diluted earnings (loss) per share $ 0.77 $ (0.09) $ (0.04)
Weighted average no. of shares outstanding - basic 79,979,320 78,002,082 73,874,415
Weighted average no. of shares outstanding - diluted 80,653,474 78,002,082 73,874,415