XML 36 R23.htm IDEA: XBRL DOCUMENT

Investment in associates (Tables)

6 Months Ended

Jun. 30, 2022

Supplemental Cash Flow Information

Schedule of investments in associates

		Dolly Varden				UMS				Total
Carrying amount at December 31, 2021		$	-			$	-			$	-
Acquisition of equity investment (note 3)			60,439				-				60,439
Company’s share of net loss of associates			(449	)			-				(449	)
Carrying amount at March 31, 2022			59,990			$	-			$	59,990
Acquisition of equity investment			-				151				151
Company’s share of net loss of associates			(1,406	)			(35	)			(1,441	)
Carrying amount at June 30, 2022		$	58,584			$	116			$	58,700

Three months ended June 30, 2022		Dolly Varden				UMS
Cost recoveries		$	-			$	(1,690	)
Exploration and evaluation			4,059				665
Marketing			272				181
Share-based compensation			258				-
Administrative and other			(354	)			983
Net loss of associate, 100%			4,235				139
Company's share of net loss of associates		$	1,406			$	35

Six months ended June 30, 2022		Dolly Varden				UMS
Cost recoveries		$	-			$	(1,690	)
Exploration and evaluation			4,183				665
Marketing			484				181
Share-based compensation			1,080				-
Administrative and other			(241	)			983
Net loss of associate, 100%			5,506				139
Company's share of net loss of associates		$	1,855			$	35

		Dolly Varden				UMS
Current assets		$	22,866			$	1,209
Non-current assets			157,440				2,791
Current liabilities			(3,689	)			(2,013	)
Non-current liabilities			-				(1,523	)
Net assets, 100%			176,617				464
Company’s equity share of net assets of associate		$	58,584			$	116

		Three months ended June 30								Six months ended June 30
		2022				2021				2022				2021
Exploration and evaluation costs		$	252			$	82			$	303			$	132
Marketing and investor relations			5				(15	)			5				8
General and administration			233				79				351				137
Total transactions for the period		$	490			$	146			$	659			$	277