CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Operating expense:
Exploration expense	$ 1,645	$ 2,067	$ 2,555	$ 2,908
Depreciation	8	8	22	21
General and administrative	379	383	1,257	1,511
Total operating expense	2,032	2,458	3,834	4,440
Other income (loss)
Interest and dividend income	82	94	180	295
Loss on derivative instruments	0	(22)	(336)	(43)
Realized and unrealized gain on marketable equity securities	80	110	666	420
Total other income (loss)	162	182	510	672
Net loss	$ (1,870)	$ (2,276)	$ (3,324)	$ (3,768)
Loss per common share:
Basic and diluted	$ (0.02)	$ (0.03)	$ (0.04)	$ (0.05)
Weighted average shares outstanding (in thousands):
Weighted average shares outstanding - Basic and diluted	90,291	81,597	85,395	80,790

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