XML 26 R11.htm IDEA: XBRL DOCUMENT
v3.24.2

PROPERTY, PLANT AND EQUIPMENT | 3 Months Ended
--- | ---
Mar. 31, 2024
PROPERTY, PLANT AND EQUIPMENT |
PROPERTY, PLANT AND EQUIPMENT | 5.PROPERTY, PLANT AND EQUIPMENT ​ The tables below set out costs and accumulated amortization as at March 31, 2024 and December 31, 2023 ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Land and |  | Exploration |  | ​ |  | ​ |  | ​ |  | ​ |  | Computer |  | ​
​ | ​ | Buildings (ROU | ​ | Equipment | ​ | Exploration | ​ | Furniture and | ​ | ​ | ​ | ​ | ​ | and | ​ | ​
​ | ​ | Assets) | ​ | (ROU Assets) | ​ | Equipment | ​ | Fixtures | ​ | Generator | ​ | Vehicles | ​ | software | ​ | Total
Cost | ​ | $ | ​ | $ | ​ | $ | ​ | $ | ​ | $ | ​ | $ | ​ | $ | ​ | $
Balance – December 31, 2023 |  | 2,909,637 |  | 1,023,615 |  | 4,202,457 |  | 191,899 |  | 38,227 |  | 398,032 |  | 567,407 |  | 9,331,274
Additions |  | — |  | — |  | 85,096 |  | — |  | — |  | — |  | — |  | 85,096
Foreign currency translation |  | (33,537) |  | — |  | (52,257) |  | (2,211) |  | (440) |  | (4,588) |  | 11,404 |  | (81,629)
Balance – March 31, 2024 |  | 2,876,100 |  | 1,023,615 |  | 4,235,296 |  | 189,688 |  | 37,787 |  | 393,444 |  | 578,811 |  | 9,334,741
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Land and |  | Exploration |  | ​ |  | ​ |  | ​ |  | ​ |  | Computer |  | ​
Accumulated | ​ | Building (ROU | ​ | Equipment | ​ | Exploration | ​ | Furniture and | ​ | ​ | ​ | ​ | ​ | and | ​ | ​
Depreciation |  | Assets) |  | (ROU Assets) | ​ | Equipment | ​ | Fixtures | ​ | Generator | ​ | Vehicles |  | software | ​ | Total
Balance – December 31, 2023 |  | 170,256 |  | 85,301 |  | 307,559 |  | 19,079 |  | 8,549 |  | 106,083 |  | 145,948 |  | 842,775
Depreciation during the period |  | 26,689 |  | — |  | 262,093 |  | 3,441 |  | 1,889 |  | 24,578 |  | 45,538 |  | 364,228
Foreign currency translation |  | (5,708) |  | — |  | (7,649) |  | (219) |  | (97) |  | (1,210) |  | 16,287 |  | 1,404
Balance – March 31, 2024 |  | 191,237 |  | 85,301 |  | 562,003 |  | 22,301 |  | 10,341 |  | 129,451 |  | 207,773 |  | 1,208,407
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Exploration |  | ​ |  | ​ |  | ​ |  | ​ |  | Computer |  | ​
Carrying | ​ | Land (ROU | ​ | Equipment | ​ | Exploration | ​ | Furniture and | ​ | ​ | ​ | ​ | ​ | and | ​ | ​
Value | ​ | Assets) |  | (ROU Assets) | ​ | Equipment | ​ | Fixtures | ​ | Generator | ​ | Vehicles |  | Software | ​ | Total
Balance – December 31, 2023 |  | 2,739,381 |  | 938,314 |  | 3,894,898 |  | 172,820 |  | 29,678 |  | 291,949 |  | 421,459 |  | 8,488,499
Balance – March 31, 2024 |  | 2,684,863 |  | 938,314 |  | 3,673,293 |  | 167,387 |  | 27,446 |  | 263,993 |  | 371,038 |  | 8,126,334
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Land and |  | Exploration |  | ​ |  | Furniture |  | ​ |  | ​ |  | Computer |  | ​
​ | ​ | Buildings (ROU | ​ | Equipment | ​ | Exploration | ​ | and | ​ | ​ | ​ | ​ | ​ | and | ​ | ​
​ | ​ | Assets) | ​ | (ROU Assets) | ​ | Equipment | ​ | Fixtures | ​ | Generator | ​ | Vehicles | ​ | software | ​ | Total
Cost | ​ | $ | ​ | $ | ​ | $ | ​ | $ | ​ | $ | ​ | $ | ​ | $ | ​ | $
Balance – December 31, 2022 | ​ | 3,077,420 | ​ | — | ​ | 11,973 | ​ | 126,605 | ​ | 31,381 | ​ | 241,884 | ​ | 1,950 | ​ | 3,491,213
Additions | ​ | — | ​ | 1,023,615 | ​ | 4,190,484 | ​ | 65,998 | ​ | 8,557 | ​ | 187,310 | ​ | 585,561 | ​ | 6,061,525
Foreign currency translation | ​ | (167,783) | ​ | — | ​ | — | ​ | (704) | ​ | (1,711) | ​ | (31,162) | ​ | (20,104) | ​ | (221,464)
Balance – December 31, 2023 | ​ | 2,909,637 | ​ | 1,023,615 | ​ | 4,202,457 | ​ | 191,899 | ​ | 38,227 | ​ | 398,032 | ​ | 567,407 | ​ | 9,331,274
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Land and |  | Exploration |  | ​ |  | Furniture |  | ​ |  | ​ |  | Computer |  | ​
Accumulated | ​ | Building (ROU | ​ | Equipment | ​ | Exploration | ​ | and | ​ | ​ | ​ | ​ | ​ | and | ​ | ​
Depreciation | ​ | Assets) | ​ | (ROU Assets) | ​ | Equipment | ​ | Fixtures | ​ | Generator | ​ | Vehicles | ​ | software | ​ | Total
Balance – December 31, 2022 | ​ | 51,123 | ​ | — | ​ | 1,447 | ​ | 1,872 | ​ | 562 | ​ | 39,589 | ​ | 1,950 | ​ | 96,543
Depreciation during the year | ​ | 119,133 | ​ | 85,301 | ​ | 306,112 | ​ | 14,030 | ​ | 6,212 | ​ | 69,997 | ​ | 143,998 | ​ | 744,783
Foreign currency translation | ​ | — | ​ | — | ​ | — | ​ | 3,177 | ​ | 1,775 | ​ | (3,503) | ​ | — | ​ | 1,449
Balance – December 31, 2023 | ​ | 170,256 | ​ | 85,301 | ​ | 307,559 | ​ | 19,079 | ​ | 8,549 | ​ | 106,083 | ​ | 145,948 | ​ | 842,775
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Land |  | Exploration |  | ​ |  | Furniture |  | ​ |  | ​ |  | Computer |  | ​
​ | ​ | (ROU | ​ | Equipment | ​ | Exploration | ​ | and | ​ | ​ | ​ | ​ | ​ | and | ​ | ​
Carrying Value | ​ | Assets) | ​ | (ROU Assets) | ​ | Equipment | ​ | Fixtures | ​ | Generator | ​ | Vehicles | ​ | Software | ​ | Total
Balance – December 31, 2022 | ​ | 3,026,297 | ​ | — | ​ | 10,526 | ​ | 124,733 | ​ | 30,819 | ​ | 202,295 | ​ | — | ​ | 3,394,670
Balance – December 31, 2023 | ​ | 2,739,381 | ​ | 938,314 | ​ | 3,894,898 | ​ | 172,820 | ​ | 29,678 | ​ | 291,949 | ​ | 421,459 | ​ | 8,488,499
​ Additions to property, plant and equipment during the year ended December 31, 2023 included the purchase of drilling equipment for $1,023,000 through a lease agreement with a drilling company (Note 9) as well as vehicles financed through a local Botswana bank.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration