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v3.24.1.1.u2

NSR OPTION (Details) |  | 12 Months Ended
--- | --- | ---
Jun. 28, 2023 CAD ($) | Dec. 31, 2023 CAD ($) | Dec. 31, 2023 USD ($)
NSR Option |  |  |
Proceeds from NSR option | $ 2,750,000 |  |
Option Payment |  |  |
NSR Option |  |  |
Proceeds from NSR option | $ 2,750,000 |  |
Number of subsidiaries | 2 |  |
Fair value of call option |  | $ 0 |
Fair value of put option |  | $ 0 |
Option Payment | Premium Nickel Resources Proprietary Limited |  |  |
NSR Option |  |  |
Proceeds from NSR option | $ 2,500,000 |  |
Option Payment | Premium Nickel Group Proprietary Limited |  |  |
NSR Option |  |  |
Proceeds from NSR option | $ 250,000 |  |
Selebi NSR | Premium Nickel Resources Proprietary Limited |  |  |
NSR Option |  |  |
Percentage of NSR option which may be repurchased |  | 50.00% |
Amount due to liquidator upon repurchase of NSR option |  | $ 20,000,000 |
Selebi NSR | Premium Nickel Resources Proprietary Limited | Selebi Mines |  |  |
NSR Option |  |  |
Percentage of NSR royalty retained by the liquidator |  | 2.00% |
Selebi NSR | Premium Nickel Resources Proprietary Limited | Selebi Mines | Cymbria |  |  |
NSR Option |  |  |
Repurchase option, percentage of NSR royalty |  | 0.50% |
Percentage of repurchase price payable |  | 50.00% |
Amount of payment by third party to acquire NSR royalty |  | $ 10,675,231 | $ 8,102,500
Selkirk NSR | Premium Nickel Group Proprietary Limited |  |  |
NSR Option |  |  |
Amount due to liquidator upon repurchase of NSR option |  | $ 2,000,000 |
Selkirk NSR | Premium Nickel Group Proprietary Limited | Selkirk Mine |  |  |
NSR Option |  |  |
Percentage of NSR royalty retained by the liquidator |  | 1.00% |
Selkirk NSR | Premium Nickel Group Proprietary Limited | Selkirk Mine | Cymbria |  |  |
NSR Option |  |  |
Repurchase option, percentage of NSR royalty |  | 0.50% |
Amount of payment by third party to acquire NSR royalty |  | $ 1,067,523 | $ 810,250

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