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Condensed Interim Consolidated Statements of Financial Position (Unaudited) - CAD ($)
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash $ 5,314,247 $ 5,162,991
Prepaid expenses 483,286 470,725
Other receivables 691,551 804,630
TOTAL CURRENT ASSETS 6,489,084 6,438,346
NON-CURRENT ASSETS    
Exploration and evaluation assets 36,332,411 31,823,982
Property, plant and equipment 3,285,028 3,394,670
TOTAL NON-CURRENT ASSETS 39,617,439 35,218,652
TOTAL ASSETS 46,106,523 41,656,998
CURRENT LIABILITIES    
Trade payables and accrued liabilities 4,299,671 4,025,716
Current portion of lease liability 1,334,323 1,365,697
Promissory note 6,940,294 7,070,959
TOTAL CURRENT LIABILITIES 12,574,288 12,462,372
NON-CURRENT LIABILITIES    
Vehicle financing 151,600 164,644
Provision for leave and severance 264,438 177,941
Lease liability 1,334,323 1,365,697
Deferred share units liability 455,292 298,000
TOTAL NON-CURRENT LIABILITIES 2,205,653 2,006,282
TOTAL LIABILITIES 14,779,941 14,468,654
SHAREHOLDERS’ EQUITY    
Share capital – common 98,134,854 91,144,268
Share capital – preferred 31,516 31,516
Reserve 15,541,256 15,257,140
Deficit (80,478,189) (78,092,605)
Foreign currency translation reserve (1,902,855) (1,151,975)
TOTAL SHAREHOLDERS’ EQUITY 31,326,582 27,188,344
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 46,106,523 $ 41,656,998