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Interests in Resource Properties (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Interests in Resource Properties |
Schedule of components of interests in resource properties | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023
Iron ore royalty interest | ​ | $ | 192,142 | ​ | $ | 196,634
Schedule of movements in interest in resource properties | The movements in the iron ore royalty interest during the year ended December 31, 2024 were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Opening | ​ | ​ | ​ | Ending
Costs | ​ | balance | ​ | Additions | ​ | balance
Iron ore royalty interest |  | $ | 218,203 |  | $ | — |  | $ | 218,203
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Opening | ​ | ​ | ​ | Ending
Accumulated depreciation | ​ | balance | ​ | Additions | ​ | balance
Iron ore royalty interest |  | $ | 21,569 |  | $ | 4,492 |  | $ | 26,061
Net book value | ​ | $ | 196,634 | ​ | ​ | ​ | ​ | $ | 192,142
​ The movements in the iron ore royalty interest during the year ended December 31, 2023 were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Opening | ​ | ​ | ​ | Ending
Costs | ​ | balance | ​ | Additions | ​ | balance
Iron ore royalty interest | ​ | $ | 218,203 | ​ | $ | — | ​ | $ | 218,203
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Opening | ​ | ​ | ​ | Ending
Accumulated depreciation | ​ | balance | ​ | Additions | ​ | balance
Iron ore royalty interest |  | $ | 16,401 |  | $ | 5,168 |  | $ | 21,569
Net book value | ​ | $ | 201,802 | ​ | ​ | ​ | ​ | $ | 196,634

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