Note 5 - Short-term Investments

12 Months Ended

Nov. 30, 2025

Disclosure of short-term investments explanatory [text block]

5.	Short-term investments

As of November 30, 2025, the Company's short-term investments consist of equity securities in Galleon Gold Corp. ("Galleon") and Australian Mines Limited (ASX:AUZ) ("AUZ") measured at FVTOCI. Short-term investments in equity securities are recorded at fair value based on quoted market prices, with unrealized gains or losses excluded from earnings and reported as other comprehensive income or loss.

During the year ended November 30, 2025, the Company received 84,429,563 in ordinary shares of AUZ ("AUZ Shares") with a fair value of $607 (Note 18).

The following tables outline the movement of the Company's short-term investments during the years ended November 30, 2025 and 2024:

			As at November 30,						As at November 30,
			2024						2025
	Number of shares⁽¹⁾		Fair value ($)		Additions ($)		Unrealized Gains (FVTOCI) ($)		Fair Value ($)
Investment in AUZ		84,429,563		-		607		706		1,313
Investment in Galleon		100,000		18		-		52		70
				18		607		758		1,383

			As at November 30,						As at November 30,
			2023						2024
	Number of shares⁽²⁾		Fair value ($)		Additions ($)		Unrealized Gains (FVTOCI) ($)		Fair Value ($)
Investment in Galleon		100,000		10		-		8		18

⁽¹⁾As of November 30, 2025

⁽²⁾As of November 30, 2024