PROPERTY, PLANT AND EQUIPMENT (Tables)

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT

The tables below set out costs and accumulated depreciation and amortization as at March 31, 2025 and December 31, 2024:

Cost	Land and Buildings⁽¹⁾ $		Equipment⁽¹⁾ $			Furniture and Fixtures $		Vehicles $		Computer and Software $		Total $
Balance – December 31, 2023		2,909,637		5,476,434			191,899		398,032		567,407		9,543,409
Additions		73,049		1,129,567			30,121		111,629		6,543		1,350,909
Foreign currency translation		86,264		(22,306	)		3,857		11,561		35,317		114,693
Balance – December 31, 2024		3,068,950		6,583,695			225,877		521,222		609,267		11,009,011
Balance , Cost		3,068,950		6,583,695			225,877		521,222		609,267		11,009,011
Additions		-		45,188			1,139		-		3,706		50,033
Additions, Cost		-		45,188			1,139		-		3,706		50,033
Foreign currency translation		63,308		114,340			3,595		10,753		12,611		204,607
Foreign currency translation, Cost		63,308		114,340			3,595		10,753		12,611		204,607
Balance – March 31, 2025		3,132,258		6,743,223			230,611		531,975		625,584		11,263,651
Balance , Cost		3,132,258		6,743,223			230,611		531,975		625,584		11,263,651

Accumulated Depreciation	Land and Buildings⁽¹⁾		Equipment⁽¹⁾		Furniture and Fixtures		Vehicles		Computer and Software		Total
Balance – December 31, 2023		170,256		401,409		19,079		106,083		145,948		842,775
Depreciation during the year		110,535		1,229,847		14,750		113,688		162,644		1,631,464
Foreign currency translation		2,609		13,358		750		4,581		25,069		46,367
Balance – December 31, 2024		283,400		1,644,614		34,579		224,352		333,661		2,520,606
Balance Accumulated Depreciation		283,400		1,644,614		34,579		224,352		333,661		2,520,606
Depreciation during the period		14,809		329,812		10,936		32,864		247,407		635,828
Depreciation Accumulated Depreciation		14,809		329,812		10,936		32,864		247,407		635,828
Foreign currency translation		6,019		29,982		764		5,013		9,771		51,549
Foreign currency translation Accumulated Depreciation		6,019		29,982		764		5,013		9,771		51,549
Balance – March 31, 2025		304,228		2,004,408		46,279		262,229		590,839		3,207,983
Balance Accumulated Depreciation		304,228		2,004,408		46,279		262,229		590,839		3,207,983

Carrying Value	Land and Buildings⁽¹⁾		Equipment⁽¹⁾		Furniture and Fixtures		Vehicles		Computer and Software		Total
Balance – December 31, 2024		2,785,550		4,939,081		191,298		296,870		275,606		8,488,405
Balance, Carrying Value		2,785,550		4,939,081		191,298		296,870		275,606		8,488,405
Balance – March 31, 2025		2,828,030		4,738,815		184,332		269,746		34,745		8,055,668
Balance, Carrying Value		2,828,030		4,738,815		184,332		269,746		34,745		8,055,668

Note:

(1)

Land and Buildings contains the Syringa Lodge right-of-use (“ROU”) asset and Equipment contains the drilling equipment supply agreement ROU asset. The Company obtained full title to these assets during the year ended December 31, 2024.