v3.25.4
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - CAD ($)
Dec. 31, 2025
Dec. 31, 2024
Current    
Cash and cash equivalents $ 62,906,168 $ 21,294,663
Accounts receivable 546,794 500,249
Prepaid expenses 2,112,419 489,921
Loan receivable   6,120,503
Marketable securities 53,451,555 31,181,067
Total current assets 119,016,936 59,586,403
Non-Current    
Property and equipment 15,813,164 16,232,302
Exploration and evaluation assets 279,091,819 262,291,098
Environmental bonds 3,036,362 2,725,220
TOTAL ASSETS 416,958,281 340,835,023
Current    
Accounts payable and accrued liabilities 2,109,193 3,348,296
Convertible debentures 5,430,859 30,279,306
Current portion of lease liabilities 164,125 121,165
Flow-through share premium liabilities 4,695,312 1,355,210
Total current liabilities 12,399,489 35,103,977
Non-Current    
Long-term portion of lease liabilities 277,572 281,721
Asset retirement obligation 2,416,158 2,026,975
Deferred income tax liability 438,976 259,191
TOTAL LIABILITIES 15,532,195 37,671,864
EQUITY    
Share capital 461,832,359 362,941,599
Share option and warrant reserve 37,289,167 33,154,239
Accumulated deficit (103,671,645) (102,545,246)
Accumulated other comprehensive income 5,976,205 9,612,567
TOTAL EQUITY 401,426,086 303,163,159
TOTAL LIABILITIES AND EQUITY $ 416,958,281 $ 340,835,023