v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash $ 6,740,706 $ 7,036,161
Note receivable 200,000
Prepaid expenses and other current assets 321,865 312,757
Total Current Assets 7,062,571 7,548,918
Investment in equity security 63,767 60,462
Mineral property and royalty interests 2,775,395 2,815,395
TOTAL ASSETS 9,901,733 10,424,775
Current Liabilities    
Accounts payable and accrued liabilities 864,764 854,447
Related party payables 500,000 460,000
Total Liabilities 1,364,764 1,314,447
Commitments and Contingencies (Note 4)
Stockholders’ Equity    
Preferred Stock: Authorized 10,000,000 preferred shares, $0.0001 par, none issued and outstanding as of June 30, 2025 and December 31, 2024
Common Stock: Authorized 100,000,000 common shares, $0.0001 par, 28,148,882 and 27,424,450 issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 2,815 2,742
Additional paid-in capital 18,505,102 17,831,147
Obligation to issue shares 600 600
Accumulated deficit (9,971,548) (8,724,161)
Total Stockholders’ Equity 8,536,969 9,110,328
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 9,901,733 $ 10,424,775