XML 36 R21.htm IDEA: XBRL DOCUMENT

E&E ASSETS (Tables)

6 Months Ended

Jun. 30, 2026

E&E ASSETS

Schedule of project and nature of expenditure


		Stockade			Lone			Kelly			Fourmile
		Mountain			Mountain			Creek			Basin			Total
Balance - December 31, 2025		$	2,433,951		$	1,941,225		$	769,936		$	—		$	5,145,112
E&E expenditures:
Acquisition costs			25,000			—			—			—			25,000
Assays			293			—			—			—			293
Consulting			37,965			84,104			—			750			122,819
Field supplies and rentals			43			790			—			—			833
Field work			6,701			—			—			—			6,701
Geophysics			5,650			4,163			—			—			9,813
Government payments			3,364			—			—			—			3,364
Technical and assessment reports			22,431			525			—			—			22,956
Travel			473			1,806			—			88			2,367
Write-off of E&E assets			—			—			(769,936)			(838)			(770,774)
Total E&E expenditures			101,920			91,388			(769,936)			—			(576,628)
Balance - June 30, 2026		$	2,535,871		$	2,032,613		$	—		$	—		$	4,568,484

Kelly Creek

E&E ASSETS

Schedule of minimum payments


May 16, 2022		$	15,000		Paid
November 16, 2022		$	10,000		Paid
May 16, 2023		$	10,000		Paid
November 16, 2023		$	15,000		Paid
May 16, 2024		$	15,000		Paid
November 16, 2024		$	25,000		Paid
May 16, 2025		$	25,000		Paid
November 16, 2025		$	25,000		Paid
May 16, 2026		$	25,000		Paid
November 16, 2026 and every six months thereafter		$	25,000

Lone Mountain

E&E ASSETS

Schedule of pre-production payments


Signing of the lease		$	80,000		Paid
November 1, 2021		$	30,000		Paid
November 1, 2022		$	20,000		Paid
November 1, 2023		$	20,000		Paid
November 1, 2024		$	30,000		Paid
November 1, 2025		$	30,000		Paid
November 1, 2026 and every year thereafter⁽¹⁾		$	40,000

(1)	Pre-production payments increase by $10,000 every year after November 1, 2025 to a maximum of $200,000.

Schedule of required minimum annual E&E expenditures on the project / property


September 1, 2024		$	150,000		Completed
September 1, 2025		$	250,000		Completed
September 1, 2026		$	300,000		Completed
September 1, 2027		$	300,000		In progress
September 1, 2028		$	400,000		In progress
September 1, 2029⁽¹⁾		$	400,000		In progress

(1)	The work commitment terminates when $1,800,000 has been spent on the property.