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Consolidated Statements of Cash Flows
3 Months Ended 6 Months Ended
Jun. 30, 2022
CAD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2021
CAD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2022
CAD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2021
CAD ($)
Jun. 30, 2021
USD ($)
Operating activities:                
Loss for the year from continuing operations   $ (5,577,000)   $ (4,060,000) $ 40,059,000   $ (8,985,000)  
Adjusted for:                
Interest income $ (45,000)   $ (9,000)   (49,000)   (29,000)  
Items not involving cash:                
Net gain on disposition of mineral interests 0   0   (48,390,000)   0  
Unrealized net loss (gain) on marketable securities 271,000   (190,000)     $ 226,000   $ 742,000
Depreciation 100,000   97,000   186,000   187,000  
Net loss from associates 1,441   0     1,890 0  
Amortization of flow-through share premium (1,011,000)   (1,332,000)   (1,414,000)   (2,555,000)  
Accretion of provision for site reclamation and closure 23,000   19,000   40,000   32,000  
Share-based compensation 628,000   620,000   1,127,000   1,533,000  
Interest expense on lease liability 21,000   25,000     42,000   51,000
Other 6,000   19,000   6,000   (19,000)  
Changes in non-cash working capital 750,000   (1,000)   186,000   333,000  
Cash used in operating activities, continuing operations 3,393,000   (4,850,000)   (6,091,000)   (8,710,000)  
Investing activities:                
Interest received 45,000   9,000   49,000   29,000  
Acquisition of Eastmain, net of cash acquired 0   0   0   (1,209,000)  
Proceeds from disposition of mineral interests, net of transaction costs 0   0     4,479 0  
Marketable securities addition (60,000)   0   (60,000)   0  
Acquisition of Universal Mineral Services (1)   0     $ (1) 0  
Property and equipment additions, net of disposals 0   (13,000)   0   (82,000)  
Decrease (increase) in restricted cash (29,000)   0   (29,000)   0  
Cash (used in) provided by investing activities, continuing operations 45,000   (4,000)   4,438,000   (1,262,000)  
Financing activities:                
Lease payments 63,000   45,000   109,000   89,000  
Proceeds from issuance of common shares, net of cash share issuance costs 10,864,000   0   10,864,000   0  
Proceeds from share option and warrant exercises 0   0   136,000   152,000  
Cash provided by financing activities, continuing operations 10,801,000   91,000   10,755,000   63,000  
(Decrease) increase in cash 7,363,000   (4,763,000)   9,102,000   (9,909,000)  
Cash, beginning of the year 4,998,000   10,215,000   3,259,000     $ 15,361,000
Cash, end of the period $ 12,361,000   $ 5,452,000   $ 12,361,000   $ 5,452,000