XML 27 R14.htm IDEA: XBRL DOCUMENT
v3.25.3

PROPERTY, PLANT AND EQUIPMENT | 9 Months Ended
--- | ---
Sep. 30, 2025
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | 6. PROPERTY, PLANT AND EQUIPMENT The tables below set out costs and accumulated depreciation and amortization as at September 30, 2025, and December 31, 2024: SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT
Cost |  | Land and Buildings(1) $ |  |  | Equipment(1) $ |  |  | Furniture & Fixtures $ |  |  | Vehicles $ |  |  | Computer & Software $ |  |  | Total $ |
Balance – December 31, 2023 |  |  | 2,909,637 |  |  |  | 5,476,434 |  |  |  | 191,899 |  |  |  | 398,032 |  |  |  | 567,407 |  |  |  | 9,543,409 |
Additions |  |  | 73,049 |  |  |  | 1,129,567 |  |  |  | 30,121 |  |  |  | 111,629 |  |  |  | 6,543 |  |  |  | 1,350,909 |
Foreign currency translation |  |  | 86,264 |  |  |  | (22,306 | ) |  |  | 3,857 |  |  |  | 11,561 |  |  |  | 35,317 |  |  |  | 114,693 |
Balance – December 31, 2024 |  |  | 3,068,950 |  |  |  | 6,583,695 |  |  |  | 225,877 |  |  |  | 521,222 |  |  |  | 609,267 |  |  |  | 11,009,011 |
Balance, Cost |  |  | 3,068,950 |  |  |  | 6,583,695 |  |  |  | 225,877 |  |  |  | 521,222 |  |  |  | 609,267 |  |  |  | 11,009,011 |
Additions |  |  | - |  |  |  | 1,803,272 |  |  |  | 2,826 |  |  |  | 207,774 |  |  |  | 3,698 |  |  |  | 2,017,570 |
Additions, Cost |  |  | - |  |  |  | 1,803,272 |  |  |  | 2,826 |  |  |  | 207,774 |  |  |  | 3,698 |  |  |  | 2,017,570 |
Foreign currency translation |  |  | 45,220 |  |  |  | 28,995 |  |  |  | 2,581 |  |  |  | 8,283 |  |  |  | 9,007 |  |  |  | 94,086 |
Foreign currency translation, Cost |  |  | 45,220 |  |  |  | 28,995 |  |  |  | 2,581 |  |  |  | 8,283 |  |  |  | 9,007 |  |  |  | 94,086 |
Balance – September 30, 2025 |  |  | 3,114,170 |  |  |  | 8,415,962 |  |  |  | 231,284 |  |  |  | 737,279 |  |  |  | 621,972 |  |  |  | 13,120,667 |
Balance, Cost |  |  | 3,114,170 |  |  |  | 8,415,962 |  |  |  | 231,284 |  |  |  | 737,279 |  |  |  | 621,972 |  |  |  | 13,120,667 |
Accumulated Depreciation and Amortization |  | Land and Buildings(1) |  |  | Equipment(1) |  |  | Furniture & Fixtures |  |  | Vehicles |  |  | Computer & Software |  |  | Total |
Balance – December 31, 2023 |  |  | 170,256 |  |  |  | 401,409 |  |  |  | 19,079 |  |  |  | 106,083 |  |  |  | 145,948 |  |  |  | 842,775 |
Depreciation during the year |  |  | 110,535 |  |  |  | 1,229,847 |  |  |  | 14,750 |  |  |  | 113,688 |  |  |  | 162,644 |  |  |  | 1,631,464 |
Foreign currency translation |  |  | 2,609 |  |  |  | 13,358 |  |  |  | 750 |  |  |  | 4,581 |  |  |  | 25,069 |  |  |  | 46,367 |
Balance – December 31, 2024 |  |  | 283,400 |  |  |  | 1,644,614 |  |  |  | 34,579 |  |  |  | 224,352 |  |  |  | 333,661 |  |  |  | 2,520,606 |
Balance, Accumulated Depreciation & Amortization |  |  | 283,400 |  |  |  | 1,644,614 |  |  |  | 34,579 |  |  |  | 224,352 |  |  |  | 333,661 |  |  |  | 2,520,606 |
Depreciation during the period |  |  | 72,265 |  |  |  | 1,073,719 |  |  |  | 22,406 |  |  |  | 116,934 |  |  |  | 276,147 |  |  |  | 1,561,471 |
Depreciation during the period, Accumulated Depreciation & Amortization |  |  | 72,265 |  |  |  | 1,073,719 |  |  |  | 22,406 |  |  |  | 116,934 |  |  |  | 276,147 |  |  |  | 1,561,471 |
Foreign currency translation |  |  | 4,740 |  |  |  | (40,084 | ) |  |  | 613 |  |  |  | 4,219 |  |  |  | 7,071 |  |  |  | (23,441 | )
Foreign currency translation, Accumulated Depreciation & Amortization |  |  | 4,740 |  |  |  | (40,084 | ) |  |  | 613 |  |  |  | 4,219 |  |  |  | 7,071 |  |  |  | (23,441 | )
Balance – September 30, 2025 |  |  | 360,405 |  |  |  | 2,678,249 |  |  |  | 57,598 |  |  |  | 345,505 |  |  |  | 616,879 |  |  |  | 4,058,636 |
Balance, Accumulated Depreciation & Amortization |  |  | 360,405 |  |  |  | 2,678,249 |  |  |  | 57,598 |  |  |  | 345,505 |  |  |  | 616,879 |  |  |  | 4,058,636 |
Carrying Value |  | Land and Buildings(1) |  |  | Equipment(1) |  |  | Furniture & Fixtures |  |  | Vehicles |  |  | Computer & Software |  |  | Total |
Balance – December 31, 2024 |  |  | 2,785,550 |  |  |  | 4,939,081 |  |  |  | 191,298 |  |  |  | 296,870 |  |  |  | 275,606 |  |  |  | 8,488,405 |
Balance, Carrying Value |  |  | 2,785,550 |  |  |  | 4,939,081 |  |  |  | 191,298 |  |  |  | 296,870 |  |  |  | 275,606 |  |  |  | 8,488,405 |
Balance – September 30, 2025 |  |  | 2,753,765 |  |  |  | 5,737,713 |  |  |  | 173,686 |  |  |  | 391,774 |  |  |  | 5,093 |  |  |  | 9,062,031 |
Balance, Carrying Value |  |  | 2,753,765 |  |  |  | 5,737,713 |  |  |  | 173,686 |  |  |  | 391,774 |  |  |  | 5,093 |  |  |  | 9,062,031 |
Note:
(1) | Land and Buildings contains the Syringa Lodge right-of-use (“ROU”) asset and Equipment contains the drilling equipment supply agreement ROU asset. The Company obtained full title to these assets during the year ended December 31, 2024.
Notes to the Unaudited Condensed Interim Consolidated Financial Statements For the three and nine months ended September 30, 2025 and 2024 (Expressed in Canadian dollars)

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