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Note 11 - Non-controlling Interests (Tables) | 12 Months Ended
--- | ---
Nov. 30, 2024
Statement Line Items [Line Items] |
Statement of subsidiary financial position [text block] |
|  | November 30, |
|  | 2024 |
|  | ($) |
Assets |  |  |  |
Cash and cash equivalents |  |  | 5,544 |
Restricted cash |  |  | 122 |
Prepaid expenses and deposits |  |  | 278 |
Other receivables |  |  | 36 |
Other assets |  |  | 49 |
Land, property and equipment |  |  | 1,565 |
Exploration and evaluation assets |  |  | 83 |
|  |  | 7,677 |
Liabilities |  |  |  |
Accounts payable and accrued liabilities |  |  | 458 |
Withholdings taxes payable |  |  | 253 |
Rehabilitation provisions |  |  | 446 |
Lease liability |  |  | 160 |
Due to related parties |  |  | 2 |
|  |  | 1,319 |
Statement of subsidiary cash flows [text block] |
|  | For the year ended |  |  | For the year ended |
|  | November 30, |  |  | November 30, |
|  | 2024 |  |  | 2023 |
|  | ($) |  |  | ($) |
Cash used in operating activities |  |  | (10,506 | ) |  |  | (12,657 | )
Cash used in investing activities |  |  | (235 | ) |  |  | (1,328 | )
Cash generated from financing activities |  |  | 600 |  |  |  | 29,491 |
Effect of exchange rate changes on cash |  |  | 228 |  |  |  | - |
Net increase (decrease) in cash and cash equivalents and restricted cash |  |  | (9,913 | ) |  |  | 15,506 |
Cash and cash equivalents and restricted cash |  |  |  |  |  |  |  |
Beginning of year |  |  | 15,579 |  |  |  | 73 |
End of year |  |  | 5,666 |  |  |  | 15,579 |
Disclosure of number and weighted average exercise prices of share options [text block] |
|  | Number of Options |  |  | Weighted Average Exercise Price ($) |
Balance at November 30, 2022 |  |  | 14,003,075 |  |  |  | 1.61 |
Granted |  |  | 3,700,000 |  |  |  | 1.10 |
Exercised(1) |  |  | (2,377,000 | ) |  |  | 0.92 |
Cancelled/Forfeited |  |  | (17,500 | ) |  |  | 1.83 |
Expired |  |  | (363,380 | ) |  |  | 1.45 |
Balance at November 30, 2023 |  |  | 14,945,195 |  |  |  | 1.60 |
Granted |  |  | 2,763,234 |  |  |  | 1.19 |
Exercised(2) |  |  | (2,029,500 | ) |  |  | 1.05 |
Expired |  |  | (197,500 | ) |  |  | 1.02 |
Balance at November 30, 2024 |  |  | 15,481,429 |  |  |  | 1.61 |
Disclosure of indirect measurement of fair value of goods or services received, share options granted during period [text block] |
|  | Year ended November 30, 2024 |  |  | Year ended November 30, 2023 |
Risk-free interest rate |  |  | 3.18 | % |  |  | 4.18 | %
Expected life (years) |  |  | 2.87 |  |  |  | 2.87 |
Expected volatility |  |  | 46.66 | % |  |  | 52.75 | %
Expected dividend yield |  |  | 0.00 | % |  |  | 0.00 | %
Estimated forfeiture rate |  |  | 3.69 | % |  |  | 3.00 | %
Disclosure of number and weighted average exercise prices of warrants [text block] |
|  | Number of Warrants |  |  | Weighted Average Exercise Price (US$) |
Balance at November 30, 2022 |  |  | - |  |  |  | - |
Common stock purchase warrants issued at the IPO |  |  | 2,000,000 |  |  |  | 13.00 |
Exercised |  |  | (258,708 | ) |  |  | 13.00 |
Balance at November 30, 2023 |  |  | 1,741,292 |  |  |  | 13.00 |
Exercised |  |  | (300 | ) |  |  | 13.00 |
Balance at November 30, 2024 |  |  | 1,740,992 | (1) |  |  | 13.00 |
U.S. GoldMining Inc. [member] |
Statement Line Items [Line Items] |
Disclosure of number and weighted average exercise prices of share options [text block] |
|  | Number of Options |  |  | Weighted Average Exercise Price (US$) |
Balance at November 30, 2022 |  |  | - |  |  |  | - |
Granted |  |  | 82,500 |  |  |  | 10.00 |
Balance at November 30, 2023 |  |  | 82,500 |  |  |  | 10.00 |
Granted |  |  | 106,050 |  |  |  | 10.00 |
Forfeited |  |  | (3,000 | ) |  |  | 10.00 |
Balance at November 30, 2024 |  |  | 185,550 | (1) |  |  | 10.00 |
Disclosure of indirect measurement of fair value of goods or services received, share options granted during period [text block] |
|  | Year ended November 30, 2024 |  |  | Year ended November 30, 2023 |
Risk-free interest rate |  |  | 4.45 | % |  |  | 3.47 | %
Expected life (years) |  |  | 3.00 |  |  |  | 3.00 |
Expected volatility(1) |  |  | 54.94 | % |  |  | 61.34 | %
Expected dividend yield |  |  | 0.00 | % |  |  | 0.00 | %
Estimated forfeiture rate |  |  | 0.00 | % |  |  | 0.00 | %

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