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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2023
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES |
Schedule of its wholly-owned subsidiaries included in the consolidated financial statements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Place of | ​ | Percentage | ​ | Functional
Name of Entity |  | Incorporation |  | Ownership |  | Currency
Premium Nickel Resources Ltd. |  | Ontario, Canada | ​ | ​ |  | CAD
NAN Exploration Inc. |  | Ontario, Canada |  | 100 |  | CAD
PNR Amalco Ltd. |  | Ontario, Canada |  | 100 |  | CAD
Premium Nickel Resources International Ltd. |  | Barbados |  | 100 |  | USD
PNR Selkirk Group (Barbados) Limited |  | Barbados |  | 100 |  | USD
PNR Selebi (Barbados) Limited |  | Barbados |  | 100 |  | USD
Premium Nickel Group Proprietary Limited |  | Botswana |  | 100 |  | BWP
Premium Nickel Resources Proprietary Limited |  | Botswana |  | 100 |  | BWP
Schedule of classification of financial assets and liabilities | ​
​ ​ | ​ | ​ ​
Financial asset/ liability |  | Classification
Cash | ​ | FVTPL
Trade payables and accrued liabilities | ​ | Amortized cost
Lease liability | ​ | Amortized cost
Promissory Note | ​ | Amortized cost
Vehicle financing | ​ | Amortized cost
NSR liability | ​ | Amortized cost
Deferred share unit liability | ​ | FVTPL
Schedule of estimated useful life of PPE on which depreciation rate is applicable | ​
​ | ​ | ​
Equipment |  | Estimated useful life (years)
Exploration equipment | ​ | 5
Computer and software | ​ | 2
Generator | ​ | 5
Vehicles | ​ | 4
Furniture and fixtures | ​ | 10
Buildings | ​ | 25

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- Definition Tabular disclosure of the useful life of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. + References No definition available. + Details
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- Definition The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4M -Publisher FASB -URI https://asc.fasb.org/1943274/2147481175/810-10-55-4M Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Subparagraph (d) -SubTopic 10 -Topic 810 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-1A + Details
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