RELATED PARTY TRANSACTIONS |
12 Months Ended |
|---|---|
Dec. 31, 2024 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS [Text Block] |
4. RELATED PARTY TRANSACTIONS As of December 31, 2024, an amount of $633,465 (December 31, 2023 - $545,791) was owed to Arnold Kondrat, a director, Chief Executive Officer and President of the Company, which includes both salary and management fees in arrears and advances. As of December 31, 2024, an amount of $352,681 was owed to Loncor Gold Inc. (December 31, 2023 - $269,672), a company with common directors, in relation to the payment of common general and administrative expenses. The amount included $nil of common expenses incurred for the year ended December 31, 2024 (for the year ended December 31 2023 - $2,645). All of the above related party transactions occurred in the normal course of operations and are unsecured, non-interest bearing, due on demand, and measured at the exchange amount as determined by management. |