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Exploration and Evaluation Costs
12 Months Ended
Dec. 31, 2021
Exploration and Evaluation Costs  
Exploration and Evaluation Costs

Note 14: Exploration and evaluation costs

 

For the years ended December 31, 2021 and 2020, the Company’s exploration and evaluation costs were as follows:

 

 

 

Quebec

 

 

Nunavut

 

 

British

Columbia

 

 

Total

 

 

Peru(a)

 

Assaying

 

$2,502

 

 

$264

 

 

$21

 

 

$2,787

 

 

$-

 

Exploration drilling(b)

 

 

3,448

 

 

 

601

 

 

 

125

 

 

 

4,174

 

 

 

-

 

Camp cost, equipment and field supplies

 

 

1,280

 

 

 

377

 

 

 

124

 

 

 

1,781

 

 

 

-

 

Geological consulting services

 

 

481

 

 

 

312

 

 

 

3

 

 

 

796

 

 

 

-

 

Geophysical analysis

 

 

185

 

 

 

-

 

 

 

-

 

 

 

185

 

 

 

-

 

Permit, environment, and social

 

 

186

 

 

 

184

 

 

 

53

 

 

 

423

 

 

 

-

 

Expediting and mobilization

 

 

79

 

 

 

170

 

 

 

6

 

 

 

255

 

 

 

-

 

Salaries and wages

 

 

1,921

 

 

 

458

 

 

 

100

 

 

 

2,479

 

 

 

-

 

Fuel and consumables

 

 

462

 

 

 

30

 

 

 

-

 

 

 

492

 

 

 

-

 

Aircraft and travel

 

 

429

 

 

 

1,079

 

 

 

2

 

 

 

1,510

 

 

 

-

 

Share-based compensation

 

 

346

 

 

 

88

 

 

 

39

 

 

 

473

 

 

 

-

 

Total for the year ended December 31, 2021

 

$11,319

 

 

$3,563

 

 

$473

 

 

$15,355

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quebec

 

 

Nunavut

 

 

British

Columbia

 

 

Total

 

 

Peru(a)

 

Assaying

 

$83

 

 

$118

 

 

$27

 

 

$228

 

 

$16

 

Exploration drilling

 

 

599

 

 

 

28

 

 

 

-

 

 

 

627

 

 

 

-

 

Camp cost, equipment and field supplies

 

 

163

 

 

 

245

 

 

 

28

 

 

 

436

 

 

 

340

 

Geological consulting services

 

 

124

 

 

 

2

 

 

 

194

 

 

 

320

 

 

 

291

 

Geophysical analysis

 

 

110

 

 

 

-

 

 

 

-

 

 

 

110

 

 

 

46

 

Permitting, environmental and community costs

 

 

-

 

 

 

54

 

 

 

69

 

 

 

123

 

 

 

1,372

 

Expediting and mobilization

 

 

-

 

 

 

5

 

 

 

-

 

 

 

5

 

 

 

10

 

Salaries and wages

 

 

506

 

 

 

369

 

 

 

116

 

 

 

991

 

 

 

543

 

Fuel and consumables

 

 

190

 

 

 

-

 

 

 

-

 

 

 

190

 

 

 

9

 

Aircraft and travel

 

 

98

 

 

 

-

 

 

 

2

 

 

 

100

 

 

 

53

 

Share-based compensation

 

 

383

 

 

 

116

 

 

 

29

 

 

 

528

 

 

 

212

 

Total for the year ended December 31, 2020

 

$2,256

 

 

$937

 

 

$465

 

 

$3,658

 

 

$2,892

 

 

(a)

Peruvian operations were spun out to the Spincos as part of the Eastmain October 2020 Transaction on October 9, 2020 and are disclosed as discontinued operations in the consolidated statements of loss and comprehensive loss and consolidated statements of cash flows (note 6).

(b)

Exploration drilling expense incurred at the Homestake Ridge project comprised of the expensing of a drilling contract deposit of $125.