CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended	9 Months Ended
Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Operating expense:
Exploration expense	$ 2,067	$ 918	$ 2,908	$ 1,748
Depreciation	8	7	21	19
General and administrative	383	282	1,511	1,073
Total operating expense	2,458	1,207	4,440	2,840
Other income (loss)
Interest and dividend income	94	35	295	88
(Loss) gain on derivative instruments	(22)	7	(43)	30
Gain on sale of marketable equity securities	0	0	54	0
Unrealized gain on short-term investments	0	14	0	49
Unrealized gain (loss) on marketable equity securities	110	(141)	366	(39)
Total other income (loss)	182	(85)	672	128
Net loss	$ (2,276)	$ (1,292)	$ (3,768)	$ (2,712)
Loss per common share:
Basic and diluted	$ (0.03)	$ (0.02)	$ (0.05)	$ (0.04)
Weighted average shares outstanding:
Basic and diluted	81,597	67,752	80,790	67,625

The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Subparagraph (b)
-SubTopic 10
-Topic 230
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-28

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1