XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Interim Consolidated Statements of Financial Position (Unaudited) - CAD ($)
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash $ 8,853,296 $ 5,162,991
Prepaid expenses 1,885,044 470,725
Other receivables 495,370 804,630
TOTAL CURRENT ASSETS 11,233,710 6,438,346
NON-CURRENT ASSETS    
Exploration and evaluation assets 44,692,577 31,823,982
Property, plant and equipment 5,792,943 3,394,670
TOTAL NON-CURRENT ASSETS 50,485,520 35,218,652
TOTAL ASSETS 61,719,230 41,656,998
CURRENT LIABILITIES    
Trade payables and accrued liabilities 3,148,177 4,025,716
Current portion of lease liability 1,892,504 1,365,697
Promissory note 7,070,959
TOTAL CURRENT LIABILITIES 5,040,681 12,462,372
NON-CURRENT LIABILITIES    
Vehicle financing 165,019 164,644
Provision for leave and severance 435,045 177,941
Term loan 12,916,710
Lease liability 1,365,697
NSR option liability 2,750,000
Deferred share units liability 856,524 298,000
TOTAL NON-CURRENT LIABILITIES 17,123,298 2,006,282
TOTAL LIABILITIES 22,163,979 14,468,654
SHAREHOLDERS’ EQUITY    
Share capital – common 111,226,156 91,144,268
Share capital – preferred 31,516 31,516
Reserve 18,987,978 15,257,140
Deficit (87,222,991) (78,092,605)
Foreign currency translation reserve (3,467,408) (1,151,975)
TOTAL SHAREHOLDERS’ EQUITY 39,555,251 27,188,344
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 61,719,230 $ 41,656,998