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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Nov. 30, 2023
Current assets      
Cash and cash equivalents $ 10,739,292 $ 11,203,893 $ 11,401,338
Restricted cash 86,928 87,756 86,870
Other receivables 121,716 152,716 115,113
Inventories 27,249 27,249 27,249
Prepaid expenses 177,375 297,207 375,933
Total current assets 11,152,560 11,768,821 12,006,503
Exploration and evaluation assets 31,392 31,392 31,392
Operating lease right-of-use assets, net 128,544 133,956 135,728
Property and equipment, net 818,775 841,844 850,130
Total assets 12,131,271 12,776,013 13,023,753
Current liabilities      
Accounts payable 308,036 118,610 197,978
Accrued liabilities 190,514 149,812 112,048
Current portion of lease liabilities 24,384 21,057 17,268
Withholdings taxes payable 180,863 180,863 180,863
Income tax payable 4,926 5,036 4,918
Total current liabilities 708,723 475,378 513,075
Lease liabilities 109,827 118,819 118,087
Asset retirement obligations 185,708 181,320 179,880
Total liabilities 1,004,258 775,517 811,042
Stockholders’ equity      
Common stock $0.001 par value: 300,000,000 shares authorized as at March 31, 2024, December 31, 2023 and November 30, 2023; 12,398,709 shares issued and outstanding as at March 31, 2024, December 31, 2023 and November 30, 2023 12,399 12,399 12,399
Additional paid-in capital 26,788,000 26,699,034 26,678,252
Accumulated deficit (15,673,386) (14,710,937) (14,477,940)
Total stockholders’ equity 11,127,013 12,000,496 12,212,711
Total liabilities and stockholders’ equity $ 12,131,271 $ 12,776,013 $ 13,023,753