v3.25.1
ASSET RETIREMENT OBLIGATIONS (Tables)
3 Months Ended
Mar. 31, 2025
ASSET RETIREMENT OBLIGATIONS  
Schedule of inputs used in the calculation of asset retirement obligations

    

Three Months Ended

    

Year Ended

 

March 31, 2025

December 31, 2024

Inflation rate

3.042

%  

3.873

%

Discount factor

 

10.0

%  

10.0

%

Estimated asset life

 

3.75 – 49.75

years

4 – 50

years

Schedule of change in the company's ARO liability

Asset retirement obligations, December 31, 2024

    

$

2,198,064

Accretion expense

 

54,932

Asset retirement obligations, March 31, 2025

$

2,252,996