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Exploration and Evaluation Assets (Tables)

3 Months Ended

Mar. 31, 2020

(All amounts in table are expressed in thousands of Canadian dollars)

	Canada										Greenland
	Post Creek Property		Halcyon Property		Quetico Claims		Enid Creek		Lingman Lake		Maniitsoq Property		Total
Acquisition
Balance, December 31, 2019		298		230		42		83		14		42		709
Acquisition costs – cash		5		4		-		-		-		4		13
Balance, March 31, 2020		303		234		42		83		14		46		722

Exploration
Balance, December 31, 2019		1,498		233		39		33		13		36,108		37,924
Administration		-		-		-		-		-		-		-
Corporate social responsibility		-		-		-		-		-		1		1
Property maintenance		6		5		1		-		-		-		12
Drilling		-		-		2		161		-		10		173
Environmental, health and safety		-		-		-		-		-		-		-
Geology		4		3		1		55		-		12		75
Geophysics		-		-		2		65		-		-		67
Helicopter charter aircraft (recovery)		-		-		-		-		-		-		-
Infrastructure		-		-		-		-		-		-		-
Write-off		-		-		-		-		-		-		-
		10		8		6		281		-		23		328
Balance, March 31 ,2020		1,508		241		45		314		13		36,131		38,252
Total, March 31, 2020		1,811		475		87		397		27		36,177		38,974

(All amounts in table are expressed in thousands of Canadian dollars)

	Canada						US		Greenland
	Post Creek Property		Halcyon Property		Quetico Claims		Section 35 Property		Maniitsoq Property		Total
Acquisition
Balance, December 31, 2018		288		222		42		8		42		602
Acquisition costs – cash		5		4		-		1		-		10
Balance, March 31, 2019		293		226		42		9		42		612

Exploration
Balance, December 31, 2018		1,431		209		22		-		62,215		63,877
Administration		1		-		-		-		-		1
Corporate social responsibility		1		-		-		-		-		1
Drilling		7		-		-		-		120		127
Environmental, health and safety		-		-		-		-		8		8
Geology		4		3		-		2		76		85
Geophysics		-		-		-		-		27		27
		13		3		-		2		231		249
Balance, March 31,2019		1,444		212		22		2		62,446		64,126
Total, March 31, 2019		1,737		438		64		11		62,488		64,738

Consideration is as follows:

(All amounts in table are expressed in thousands of Canadian dollars)

	Acquisition costs	Exploration expenditures
Within 5 days of TSXV approval (received on October 24, 2019)	$25 cash (paid) and 300 post-consolidated common shares (issued)	-

On or before September 25, 2020	$100 cash	Aggregate of at least $500
On or before September 25, 2021	$200 cash	Aggregate of at least an additional $1,000
On or before September 25, 2022	$300 cash	Aggregate of at least an additional $1,000
On or before September 25, 2023	$400 cash	Aggregate of at least an additional $1,000
On or before September 25, 2024	$500 cash	Aggregate of at least an additional $1,000