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Investment in Buckskin
9 Months Ended
Sep. 30, 2025
Investment in Buckskin  
Investment in Buckskin

11. Investment in Buckskin

 

The investment in Buckskin is being accounted for using the equity method and resulted in a change in equity from the income of $1,189 and $2,376 for the respective three and nine-month periods ended September 30, 2025 and income of $1,301 and $1,579 for the respective three and nine-month periods ended September 30, 2024. The Company makes an annual payment of $12,000 to Buckskin per a mineral lease covering 218 acres of patented mining claims. As of September 30, 2025, the Company holds 37% of Buckskin’s outstanding shares.