v3.25.1
Condensed Interim Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - CAD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
EXPENSES    
General exploration expenses $ 6,135,777 $ 6,714,459
Depreciation and amortization 635,828 364,228
General and administrative expenses 1,660,382 1,197,700
Investor relations and communications 209,398 74,704
DSUs granted 281,249
Fair value movement of DSUs (10,824) (226,602)
Net foreign exchange loss 251,425 66,014
LOSS FOR THE PERIOD BEFORE OTHER ITEMS 8,881,986 8,471,752
OTHER ITEMS    
Interest (income) expense, net (64,461) 115,318
Interest expense and accretion on Term Loan 428,371 760,110
Loss on Term Loan extinguishment 5,982,434
NET LOSS FOR THE PERIOD 15,228,330 9,347,180
OTHER COMPREHENSIVE (INCOME) LOSS    
Exchange differences on translation of foreign operations (479,748) 137,237
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ 14,748,582 $ 9,484,417
Basic loss per share $ 0.07 $ 0.06
Diluted loss per share $ 0.07 $ 0.06
Weighted average number of common shares outstanding - basic 223,551,815 149,373,068
Weighted average number of common shares outstanding - diluted 223,551,815 149,373,068