v3.26.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net loss $ (2,824,759) $ (626,111)
Adjustments to reconcile net loss to net cash used by operating activities:    
Stock based compensation 1,124,045 0
Noncash lease expense (46) (469)
Realized loss on sale of investment 0 42,855
Accrued reclamation costs 5,130  
Change in:    
Prepaid expenses and other assets (20,156) (2,116)
Accounts payable and other accrued liabilities 106,767 46,554
Net cash used by operating activities (1,609,019) (539,287)
Cash flows from investing activities:    
Proceeds from sale of investment 0 384,981
Land purchase (55,136) 0
Net cash provided by (used in) investing activities (55,136) 384,981
Cash flows from financing activities:    
Proceeds from issuances of stock and warrants 3,650,000 470,000
Proceeds received on subscription receivable 130,000 0
Noncontrolling interest net returns royalty (5,000) (5,000)
Net cash provided by financing activities 3,775,000 465,000
Net increase in cash and cash equivalents 2,110,845 310,694
Cash and cash equivalents, beginning of year 481,322 170,628
Cash and cash equivalents, end of year 2,592,167 481,322
Noncash financing and investing activities:    
Common stock issued in consideration for vendor services received 0 20,000
Common stock subscription receivable 50,000 130,000
Issuance of note payable in connection with land acquisition $ 205,000 $ 0