11. Investment in Buckskin

The investment in Buckskin is being accounted for using the equity method and resulted in a change in equity from the loss of $159 and income of $1,187 for the respective three and six-month periods ended June 30, 2025 and a loss of $1,589 and income of $278 for the respective three and six-month periods ended June 30, 2024. The Company makes an annual payment of $12,000 to Buckskin per a mineral lease covering 218 acres of patented mining claims. As of June 30, 2025, the Company holds 37% of Buckskin’s outstanding shares.