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Consolidated Statements of Cash Flows - CAD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities:      
Earnings (loss) for the year $ (108,138) $ (17,213) $ 24,908
Adjusted for:      
Interest income (300) (590) (228)
Items not involving cash:      
Accretion of provision for site reclamation and closure 146 148 94
Amortization of flow-through share premium (1,621) (3,345) (3,124)
Depreciation 297 343 341
Impairment expense 100,873 0 5,506
Interest expense 25 61 100
Net gain on disposition of mineral interests 0 468 48,390
Net loss from associates 3,858 6,182 5,880
Net (gain) loss on marketable securities (373) 655 135
Gain on investments (4,109) 0 0
Share-based compensation 859 1,351 1,669
Changes in non-cash working capital 410 (184) (903)
Cash used in operating activities (8,073) (13,060) (14,012)
Investing activities:      
Acquisition of mineral interests, inclusive of transaction fees (3,030) 0 (1,281)
Increase in restricted cash 0 0 (14)
Interest income 300 590 228
Marketable securities additions (1,300) 0 (60)
Option payment received 0 125 310
Other investments additions (2,063) 0 0
Proceeds from disposition of mineral interests, net of transaction costs 0 1,350 4,479
Proceeds from disposition of investment in associate, net of transaction costs 7,042 0 6,774
Proceeds from disposition of marketable securities, net of transaction costs 481 381 0
Property and Equipment additions (35) 0 0
Cash provided by investing activities 1,395 2,446 10,435
Financing activities:      
Proceeds net of share issue costs 4,468 7,838 10,864
Lease payments (191) (214) (235)
Cash provided by financing activities 4,277 7,624 10,629
Effect of foreign exchange on cash 0 (6) (2)
Increase (decrease) in cash (2,401) (2,996) 7,050
Cash, beginning of the year 7,313 10,309 3,259
Cash, end of the year 4,912 7,313 10,309
Universal Mineral Services (UMS) [member]      
Investing activities:      
Acquisition of Universal Mineral Services Ltd $ 0 $ 0 $ (1)