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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income taxes paid (refund) [abstract]

Disclosure of detailed information about effective income tax recovery [Table Text Block]

For the year ended December 31,		2024			2023

Statutory tax rate		27.00%			27.00%

Loss before taxes		6,921,830			3,338,299

Income tax recovery calculated at statutory rate		1,869,000			901,000

Non-deductible expenditures		(658,000	)		(297,000	)
Amounts expensed for tax purposes only		884,000			226,000
Unrecognized tax benefit		(5,267,000	)		(830,000	)
Adjustment of prior year tax estimates and other		3,172,000			-

INCOME TAX		-			-

Disclosure of temporary difference, unused tax losses and unused tax credits [Table Text Block]

As at December 31,		2024			2023
		$			$
Deferred income tax assets:
Property, plant and equipment		243,000			-
Share issuance costs		-			342,000
Investment tax credits		340,000			-
Non-capital losses		5,557,000			5,599,000
Other items		-			413,000

DEFERRED TAX ASSET		6,140,000			6,354,000

Deferred income tax liabilities:
Exploration and evaluation assets		(6,047,000	)		(6,267,000	)
Marketable securities		(93,000	)		(87,000	)

DEFERRED TAX LIABILITY		(6,140,000	)		(6,354,000	)


NET DEFERRED INCOME TAX LIABILITY		-			-

Disclosure of deductible temporary differences [Table Text Block]

As at December 31,		2024			Expiry dates			2023
		$						$

Non-capital losses		20,627,000			2030 - 2044			9,608,000
Property, plant and equipment		659,000			No expiry			-
Share issuance costs		3,114,000			2045 - 2048			-
Investment tax credits		3,041,000			2025 - 2030			-

TOTAL		27,441,000						9,608,000