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Consolidated Balance Sheets - CAD ($)
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 19,245,628 $ 5,162,991
Prepaid expenses 900,310 470,725
Other receivables 532,835 804,630
Spare parts 212,135  
TOTAL CURRENT ASSETS 20,890,908 6,438,346
NON-CURRENT ASSETS    
Exploration and evaluation assets 8,594,798 8,578,627
Property, plant and equipment 8,488,499 3,394,670
TOTAL NON-CURRENT ASSETS 17,083,297 11,973,297
TOTAL ASSETS 37,974,205 18,411,643
CURRENT LIABILITIES    
Trade payables and accrued liabilities 4,280,146 4,025,716
Current portion of lease liability 1,611,143 1,365,697
Promissory Note   7,070,959
TOTAL CURRENT LIABILITIES 5,891,289 12,462,372
NON-CURRENT LIABILITIES    
Vehicle financing 236,124 164,644
Provision for leave and severance 510,202 177,941
Term Loan 17,956,423  
Lease liability   1,365,697
Deferred share units liability 884,481 298,000
NSR Option liability 2,750,000  
TOTAL NON-CURRENT LIABILITIES 22,337,230 2,006,282
TOTAL LIABILITIES 28,228,519 14,468,654
SHAREHOLDERS' EQUITY    
Common shares (No par value, unlimited common shares authorized; 149,300,920 issued and outstanding) (December 31, 2022 - 116,521,343)
Preferred shares 31,516 31,516
Additional paid-in capital 116,069,973 77,302,736
Deficit (104,566,816) (72,190,747)
Accumulated other comprehensive loss (1,788,987) (1,200,516)
TOTAL SHAREHOLDERS' EQUITY 9,745,686 3,942,989
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 37,974,205 $ 18,411,643