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INCOME TAXES | 12 Months Ended
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Dec. 31, 2017
Statement [Line Items] |
INCOME TAXES [Text Block] |
13. | INCOME TAXES
| a. | Rate reconciliation
The income tax expense or recovery reported by the Company differs from the amounts obtained by applying statutory rates to the loss and comprehensive loss. A reconciliation of the income tax provision computed at statutory rates to the reported income tax provision is provided below:
| For the year ended December 31, |  | 2017 |  |  | 2016 |
| Statutory tax rate |  | 26.00% |  |  | 26.00% |
| Loss before taxes |  | 2,661,589 |  |  | 2,088,400 |
| Income tax recovery calculated at statutory rate |  | 692,013 |  |  | 542,984 |
| Non-deductible expenditures |  | (88,941 | ) |  | (60,784 | )
| Other |  | 27,136 |  |  | 6,644 |
| Unrecognized tax benefit |  | (630,208 | ) |  | (488,844 | )
| INCOME TAX |  | - |  |  | - |
| b. | Unrecognized deferred income tax asset
Future potential tax deductions that are not used to offset deferred income tax liabilities are considered to be unrecognized deferred income tax assets. The significant components of the Company’s unrecognized deferred income tax asset are as follows:
| As at December 31, |  | 2017 |  |  | 2016 |
|  |  | $ |  |  | $ |
| Mineral property interests |  | 1,173,590 |  |  | 1,125,110 |
| Non-capital losses |  | 4,312,706 |  |  | 3,576,176 |
| Property and equipment |  | 198,165 |  |  | 194,575 |
| Other items |  | 147,184 |  |  | 141,733 |
| UNRECOGNIZED DEFERRED INCOME TAX ASSET |  | 5,831,645 |  |  | 5,037,594 |
The Company estimates that the realization of income tax benefits related to these deferred income tax assets is uncertain and cannot be considered to be more likely than not. Accordingly, no deferred income tax asset has been recorded.
| c. | Non-capital losses
The Company has incurred non-capital losses that may be carried forward and used to reduce taxable income of future years. These losses totaled $16.0 million as at December 31, 2017 (2016 - $13.1 million) and will expire between 2030 and 2037. The Company has approximately $32.9 million in Canadian exploration and development expenditures (2016 – $30.5 million), and has cumulative eligible capital and undepreciated capital cost balances totaling $1.3 million (2016 – $1.3 million). These amounts are available to reduce future taxable income and do not expire.

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