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Condensed Interim Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - CAD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
EXPENSES        
General exploration expenses $ 10,337,096 $ 6,594,276 $ 16,472,873 $ 13,308,735
Depreciation and amortization 431,322 369,674 1,067,150 733,902
General and administrative expenses 1,915,022 1,735,268 3,575,404 2,932,968
Investor relations and communications 1,934,047 85,388 2,143,445 160,092
Director fees 248,116 283,664 248,116 564,913
Fair value movement of DSUs 379,759 (93,914) 368,935 (320,516)
Net foreign exchange loss 31,818 147,989 283,243 214,002
LOSS FOR THE PERIOD BEFORE OTHER ITEMS 15,277,180 9,122,345 24,159,166 17,594,096
OTHER ITEMS        
Interest (income) expense, net (188,434) (99,498) (252,895) 15,821
Interest expense and accretion on Term Loan 770,345 428,371 1,530,455
Loss on Term Loan extinguishment 5,982,434
NET LOSS FOR THE PERIOD 15,088,746 9,793,192 30,317,076 19,140,372
OTHER COMPREHENSIVE LOSS (INCOME)        
Exchange differences on translation of foreign operations 870,068 (392,697) 390,320 (255,460)
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ 15,958,814 $ 9,400,495 $ 30,707,396 $ 18,884,912
Basic loss per share $ 0.70 $ 1.26 $ 1.86 $ 2.52
Diluted loss per share $ 0.70 $ 1.26 $ 1.86 $ 2.52
Weighted average number of common shares outstanding - basic 21,449,318 7,748,629 16,341,832 7,609,994
Weighted average number of common shares outstanding - diluted 21,449,318 7,748,629 16,341,832 7,609,994