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CONDENSED INTERIM CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Administrative expenses        
Management salaries and consulting fees $ 187,967 $ 155,619 $ 344,950 $ 312,634
Professional fees 75,641 47,260 257,766 114,222
Listing and filing fees 17,846 3,133 171,558 67,861
Insurance 52,608 55,506 101,994 120,249
General and administrative 9,590 9,583 21,557 21,750
Share-based compensation 5,985 40,171 18,763 180,368
Shareholder information 12,395 10,230 15,638 13,813
Travel expenses 2,870 3,782 9,762 18,392
Investor relations and marketing 4,340 24,245 4,827 44,424
Depreciation 1,145 694 1,695 1,389
Operating loss (370,387) (350,223) (948,510) (895,102)
Write - off of E&E assets (769,936) 0 (770,774) (770)
Unrealized fair value (loss) gain on marketable securities (6,634) 5,356 (10,206) 1,332
Foreign exchange (loss) gain (4,124) 3,797 (7,872) 3,835
Interest and finance income 15,936 45,569 38,693 95,845
Loss before taxes (1,135,145) (295,501) (1,698,669) (794,860)
Current income tax expense 0 0 (150) (150)
Net loss and comprehensive loss for the year $ (1,135,145) $ (295,501) $ (1,698,819) $ (795,010)
Loss per share - basic and diluted        
Basic (in dollars per share) $ (0.08) $ (0.02) $ (0.12) $ (0.06)
Diluted (in dollars per share) $ (0.08) $ (0.02) $ (0.12) $ (0.06)
Weighted average number of common shares outstanding        
Basic (in shares) 13,693,001 13,271,750 13,693,001 13,271,750
Diluted (in shares) 13,693,001 13,271,750 13,693,001 13,271,750