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EXPLORATION AND EVALUATION ASSETS (Tables)

12 Months Ended

Dec. 31, 2023

EXPLORATION AND EVALUATION ASSETS

Schedule of exploration of evaluation assets


		Botswana
		Selebi		Selkirk		Total
		$		$		$
Acquisitions
Balance, December 31, 2021		—		—		—
Acquisition costs		8,251,518		327,109		8,578,627
Balance, December 31, 2022		8,251,518		327,109		8,578,627
Addition costs		483,883		—		483,883
Foreign currency translation		(449,878)		(17,834)		(467,712)
Balance, December 31, 2023		8,285,523		309,275		8,594,798

For the year ended December 31, 2023:


		Botswana
		Selebi		Selkirk		Total
		$		$		$
Site operations & administration		854,277		283,163		1,137,440
Care and maintenance		2,633,418		—		2,633,418
Geology		3,044,671		155,255		3,199,926
Drilling		3,313,797		6,791		3,320,588
Geophysics		1,860,531		137,883		1,998,414
Engineering		5,115,616		42,484		5,158,100
Environmental, social and governance		417,002		—		417,002
Metallurgy and processing		80,770		186,260		267,030
Technical studies		25,273		7,835		33,108
Health and safety		322,591		1,013		323,604
Water treatment project		140,545		—		140,545
Mine re-development		398,500		64,583		463,083
Licensing and others		87,405		—		87,405
Total		18,294,396		885,267		19,179,663

For the year ended December 31, 2022:


		Botswana
		Selebi		Selkirk		Total
		$		$		$
Site operations & administration		1,588,871		45,740		1,634,611
Care and maintenance		5,137,228		—		5,137,228
Geology		1,560,892		162,532		1,723,424
Drilling		7,146,446		8,546		7,154,992
Geophysics		1,646,847		12,553		1,659,400
Engineering		1,953,239		66,239		2,019,478
Environmental, social and governance		196,131		34,986		231,117
Metallurgy and processing		75,362		4,762		80,124
Technical studies		46,397		12,106		58,503
Health and safety		275,118		—		275,118
Water treatment project		14,055		—		14,055
Mine re-development		—		—		—
Licensing and others		169,651		—		169,651
Total		19,810,237		347,464		20,157,701