| SCHEDULE OF EXPLORATION AND EVALUATION ASSETS |
The exploration and evaluation assets of the
Company consist of the acquisition costs of mining assets located in Botswana:
SCHEDULE
OF EXPLORATION AND EVALUATION ASSETS
| | |
Selebi $ | | |
Selkirk $ | | |
Total $ | |
| | |
Botswana | | |
| |
| | |
Selebi $ | | |
Selkirk $ | | |
Total $ | |
| | |
| | |
| | |
| |
| Balance, December 31, 2023 | |
| 8,285,523 | | |
| 309,275 | | |
| 8,594,798 | |
| Foreign currency translation | |
| 242,955 | | |
| 9,068 | | |
| 252,023 | |
| Balance, December 31, 2024 | |
| 8,528,478 | | |
| 318,343 | | |
| 8,846,821 | |
| Balance | |
| 8,528,478 | | |
| 318,343 | | |
| 8,846,821 | |
| Foreign currency translation | |
| 175,932 | | |
| 6,566 | | |
| 182,498 | |
| Balance, March 31, 2025 | |
| 8,704,410 | | |
| 324,909 | | |
| 9,029,319 | |
| Balance | |
| 8,704,410 | | |
| 324,909 | | |
| 9,029,319 | |
|
| SCHEDULE OF GENERAL EXPLORATION EXPENSES |
Details of the general exploration expenses by
nature are presented as follows:
SCHEDULE
OF GENERAL EXPLORATION EXPENSES
| | |
Selebi $ | | |
Selkirk $ | | |
Other $ | | |
Total $ | |
| | |
Three months ended March 31, 2025 | |
| | |
Selebi $ | | |
Selkirk $ | | |
Other $ | | |
Total $ | |
| Drilling | |
| 684,092 | | |
| - | | |
| - | | |
| 684,092 | |
| Site operations, administration, and overhead | |
| 931,327 | | |
| 42,263 | | |
| 39,656 | | |
| 1,013,246 | |
| Infrastructure and equipment maintenance | |
| 710,929 | | |
| - | | |
| - | | |
| 710,929 | |
| Geology | |
| 567,974 | | |
| 26,535 | | |
| - | | |
| 594,509 | |
| Mine development | |
| 668,619 | | |
| - | | |
| - | | |
| 668,619 | |
| Electricity | |
| 863,913 | | |
| 4,356 | | |
| - | | |
| 868,269 | |
| Engineering and technical studies | |
| 842,773 | | |
| 11,679 | | |
| - | | |
| 854,452 | |
| Geophysics | |
| 226,810 | | |
| - | | |
| - | | |
| 226,810 | |
| Freight, tools, supplies, and other consumables | |
| 130,195 | | |
| 10,964 | | |
| - | | |
| 141,159 | |
| Health and safety | |
| 93,584 | | |
| - | | |
| - | | |
| 93,584 | |
| Environmental, social and governance | |
| 74,408 | | |
| - | | |
| - | | |
| 74,408 | |
| Share-based compensation | |
| 199,529 | | |
| 6,171 | | |
| - | | |
| 205,700 | |
| Total | |
| 5,994,153 | | |
| 101,968 | | |
| 39,656 | | |
| 6,135,777 | |
| | |
Selebi $ | | |
Selkirk $ | | |
Other $ | | |
Total $ | |
| | |
Three months ended March 31, 2024 | |
| | |
Selebi $ | | |
Selkirk $ | | |
Other $ | | |
Total $ | |
| Drilling | |
| 1,551,255 | | |
| - | | |
| - | | |
| 1,551,255 | |
| Site operations, administration, and overhead | |
| 1,184,260 | | |
| 102,992 | | |
| 48,033 | | |
| 1,335,285 | |
| Infrastructure and equipment maintenance | |
| 870,681 | | |
| - | | |
| - | | |
| 870,681 | |
| Geology | |
| 783,487 | | |
| 9,555 | | |
| - | | |
| 793,042 | |
| Mine development | |
| 667,569 | | |
| - | | |
| - | | |
| 667,569 | |
| Electricity | |
| 671,413 | | |
| 7,534 | | |
| - | | |
| 678,947 | |
| Engineering and technical studies | |
| 62,350 | | |
| 49,644 | | |
| - | | |
| 111,994 | |
| Geophysics | |
| 313,137 | | |
| 2,208 | | |
| - | | |
| 315,345 | |
| Freight, tools, supplies, and other consumables | |
| 132,370 | | |
| - | | |
| - | | |
| 132,370 | |
| Health and safety | |
| 44,013 | | |
| - | | |
| - | | |
| 44,013 | |
| Environmental, social and governance | |
| 91,134 | | |
| - | | |
| - | | |
| 91,134 | |
| Share-based compensation | |
| 98,260 | | |
| 24,564 | | |
| - | | |
| 122,824 | |
| Total | |
| 6,469,929 | | |
| 196,497 | | |
| 48,033 | | |
| 6,714,459 | |
|