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Consolidated Statements of Cash Flows - CAD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities:      
Earnings (loss) for the year $ (17,213) $ 24,908 $ (16,790)
Adjusted for:      
Interest income (590) (228) (36)
Items not involving cash:      
Net gain on disposition of mineral interests (468) (48,390) 0
Losses on marketable securities 655 135 1,180
Depreciation 343 341 371
Impairment expense 0 5,506 42
Net loss from associates 6,182 5,880 0
Amortization of flow-through share premium (3,345) (3,124) (4,520)
Accretion of provision for site reclamation and closure 148 94 69
Share-based compensation 1,351 1,669 2,046
Interest expense 61 100 98
Other 0 0 1
Changes in non-cash working capital (184) (903) 266
Cash used in operating activities (13,060) (14,012) (17,273)
Investing activities:      
Interest income 590 228 36
Acquisition of mineral interests, net of cash acquired 0 (1,281) 0
Acquisition of Eastmain Resources Inc, net of cash acquired 0 0 (1,210)
Option payment received 125 310 150
Acquisition of Universal Mineral Services Ltd 0 (1) 0
Acquisition of Homestake Ridge royalty, inclusive of fees 0 0 (110)
Proceeds from disposition of mineral interests, net of transaction costs 1,350 4,479 0
Proceeds from disposition of investment in associate, net of transaction costs 0 6,774 0
Proceeds from sale of marketable securities 381 0 1,000
Property and equipment additions, net of disposals 0 0 (87)
Marketable securities additions 0 (60) 0
Decrease (increase) in restricted cash 0 (14) 35
Cash provided by used in investing activities 2,446 10,435 186
Financing activities:      
Proceeds from issuance of common shares, net of costs 7,838 10,864 5,385
Lease payments (214) (235) (180)
Proceeds from share option and warrant exercises 0 0 152
Cash provided by financing activities 7,624 10,629 5,357
Effect of foreign exchange on cash (6) (2) 0
Increase (decrease) in cash (2,996) 7,050 (12,102)
Cash, beginning of the year 10,309 3,259 15,361
Cash, end of the year $ 7,313 $ 10,309 $ 3,259