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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 9,408,270 $ 25,548,373
Prepaid expenses and other current assets 523,894 676,020
Total current assets 9,932,164 26,224,393
Non-current assets    
Mineral rights and properties 82,713,264 79,344,304
Property and equipment, net 2,247,722 2,261,979
Other assets 460,380 371,864
Total assets 95,353,530 108,202,540
Current liabilities    
Accounts payable and accrued liabilities 2,616,876 4,351,145
Lease liabilities - current 129,419 135,097
Total current liabilities 2,746,295 4,486,242
Non-current liabilities    
Royalty liability 257,758 0
Lease liabilities 197,527 94,515
Deferred tax liability 0 85,332
Total liabilities 3,201,580 4,666,089
Commitments and contingencies
Stockholders' equity    
Common stock, par value $0.001; 300,000,000 authorized, 95,570,483 and 86,740,272 shares outstanding, respectively 95,570 86,740
Additional paid-in capital 168,605,692 146,114,487
Accumulated deficit (76,549,312) (42,664,776)
Total stockholders' equity 92,151,950 103,536,451
Total liabilities and stockholders' equity $ 95,353,530 $ 108,202,540