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Condensed Interim Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - CAD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
EXPENSES        
General exploration expenses $ 10,658,319 $ 8,628,426 $ 27,131,192 $ 21,937,161
Depreciation and amortization 494,321 354,581 1,561,471 1,088,483
General and administrative expenses 2,726,180 1,831,539 6,301,584 4,764,507
Investor relations and communications 1,748,375 106,527 3,891,820 266,619
Director fees 105,943 317,497 354,059 882,410
Fair value movement of DSUs (442,727) (153,304) (73,792) (473,820)
Net foreign exchange loss 282,941 146,359 566,184 360,361
LOSS FOR THE PERIOD BEFORE OTHER ITEMS 15,573,352 11,231,625 39,732,518 28,825,721
OTHER ITEMS        
Interest (income) expense, net (70,381) (13,388) (323,276) 2,433
Interest expense and accretion on Term Loan 786,723 428,371 2,317,178
Impairment loss 501,497 501,497
Loss on Term Loan extinguishment 5,982,434
NET LOSS FOR THE PERIOD 16,004,468 12,004,960 46,321,544 31,145,332
OTHER COMPREHENSIVE LOSS (INCOME)        
Exchange differences on translation of foreign operations (387,666) (143,911) 2,654 (399,371)
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ 15,616,802 $ 11,861,049 $ 46,324,198 $ 30,745,961
Basic loss per share $ 0.75 $ 1.29 $ 2.56 $ 3.81
Diluted loss per share $ 0.75 $ 1.29 $ 2.56 $ 3.81
Weighted average number of common shares outstanding - basic 21,452,865 9,285,424 18,064,228 8,165,007
Weighted average number of common shares outstanding - diluted 21,452,865 9,285,424 18,064,228 8,165,007