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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating expenses    
Exploration expense $ 2,847 $ 4,148
Depreciation 20 27
General and administrative 1,566 1,879
Total operating expenses 4,433 6,054
Other (expense) income    
Interest and dividend income 256 372
Realized and unrealized loss on derivative instruments (336) (29)
Realized and unrealized gain on marketable equity securities 680 343
Total other income 600 686
Net loss $ (3,833) $ (5,368)
Net loss per common share    
Basic and diluted $ (0.04) $ (0.07)
Weighted average shares outstanding    
Basic and diluted (in thousands) 86,773 81,003