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Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - CAD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Dec. 31, 2023 | Mar. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2023 | Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |  |  |  |  |
Income (loss) and comprehensive income (loss) for the period | $ (654,940) | $ 321,952 | $ 2,154,228 | $ (2,958,769) | $ 634,626 |  |
Items not involving cash: |  |  |  |  |  |  |
Finance income on sublease |  |  |  | (1,314) | (7,432) |  |
Forgiveness of debt |  |  |  | (10,000) | 0 |  |
Gain on derivative liabilities |  |  |  | (558,663) | 0 |  |
Gain on sale of property | 0 |  | (3,500,000) | 0 | (3,500,000) |  |
Interest expense |  |  |  | 98,066 | 14,990 |  |
Recovery of flow-through premium liability | 0 |  | (464,532) | 0 | (610,845) |  |
Share-based payments |  |  |  | 855,461 | 1,316,890 |  |
Share for services |  |  |  | 187,872 | 0 |  |
Realized loss on marketable securities | 0 |  | 0 | 1,595 | 0 |  |
Unrealized loss (gain) on marketable securities | 0 |  | 0 | (1,850) | 4,000 |  |
Write-off of prepaid | (0) |  | (0) | 1,000 | (0) |  |
GST receivable |  |  |  | 93,311 | (27,223) |  |
Accounts receivable |  |  |  | 0 | (289) |  |
Prepaid expenses and deposits |  |  |  | (267,841) | 24,357 |  |
Accounts payable and accrued liabilities |  |  |  | (244,240) | 49,573 |  |
Net cash used in operating activities |  |  |  | (2,805,372) | (2,101,353) |  |
CASH FLOWS FROM INVESTING ACTIVITIES |  |  |  |  |  |  |
Exploration and evaluation acquisition costs |  |  |  | (222,211) | 0 |  | $ (294,962)
Exploration and evaluation expenditures |  |  |  | (1,221,855) | (3,261,683) |  |
Exploration and evaluation recoveries |  |  |  | 100,000 | 100,000 |  |
Receipt of sublease payments |  |  |  | 32,851 | 0 |  |
Sale of property |  |  |  | 0 | 3,500,000 |  |
Sale proceeds from investment |  |  |  | 3,155 | 0 |  |
Net cash provided by (used in) investing activities |  |  |  | (1,308,060) | 338,317 |  |
CASH FLOWS FROM FINANCING ACTIVITIES |  |  |  |  |  |  |
Private placement |  |  |  | 5,418,400 | 1,661,807 |  |
Share issue costs |  |  |  | (387,416) | (99,624) |  |
Exercise of warrants |  |  |  | 0 | 1,059,017 |  |
Exercise of options |  |  |  | 131,400 | 77,750 |  |
Short-term loan received (repayment) |  |  |  | (30,000) | 1,145,520 |  |
Loan interest repayment |  |  |  | (104,579) | 0 |  |
Receipt of sublease payments |  |  |  | 0 | 49,276 |  |
Repayment of lease obligation |  |  |  | (35,813) | (53,720) |  |
Net cash provided by financing activities |  |  |  | 4,991,992 | 3,840,027 |  |
Change in cash for the period |  |  |  | 878,560 | 2,076,991 |  |
Cash, beginning of the period |  | 2,312,446 |  | 574,587 | 235,455 | $ 2,312,446 | 235,455
Cash, end of period | $ 1,453,147 | $ 574,587 | $ 2,312,446 | 1,453,147 | 2,312,446 | $ 1,453,147 | $ 574,587
Cash paid during the period for interest and taxes |  |  |  | $ 104,579 | $ 53,720 |  |

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