Condensed Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
Operating expenses | ||||
Investor awareness and marketing | $ 154,776 | $ 359,367 | $ 542,126 | $ 777,642 |
Consulting fees | 134,166 | 124,166 | 258,333 | 248,646 |
Director and officer compensation | 420,768 | 116,667 | 841,534 | |
Exploration expenses | 103,956 | 374,640 | ||
Gain on sale of mineral property interest | (20,000) | (20,000) | ||
General and administrative | 19,989 | 22,272 | 38,062 | 38,279 |
Professional fees | 13,270 | 7,250 | 33,962 | 27,715 |
Transfer agent and filing fees | 22,508 | 4,559 | 34,110 | 15,274 |
Total operating expenses | 428,665 | 938,382 | 1,377,900 | 1,949,090 |
Other income (expense) | ||||
Fair value gain (loss) on equity investments | 1,471 | (38,524) | 3,305 | 18,674 |
Foreign exchange loss | (498) | (1) | (498) | (7) |
Interest income | 62,575 | 111,578 | 127,706 | 225,649 |
Total other income | 63,548 | 73,053 | 130,513 | 244,316 |
Net loss | $ 365,117 | $ 865,329 | $ 1,247,387 | $ 1,704,774 |
Net loss per common share - basic | $ 0.01 | $ 0.04 | $ 0.04 | $ 0.07 |
Net loss per common share - diluted | $ 0.01 | $ 0.04 | $ 0.04 | $ 0.07 |
Weighted average number of common shares outstanding : | ||||
Basic | 27,982,215 | 23,930,830 | 27,777,993 | 23,613,325 |
Diluted | 27,982,215 | 23,930,830 | 27,777,993 | 23,613,325 |
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- Definition Consulting fees. No definition available.
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- Definition Director and cfficer compensation expense. No definition available.
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- Definition Investor awareness marketing. No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of unrealized and realized gain (loss) on investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Exploration expenses (including prospecting) related to oil and gas producing entities and would be included in operating expenses of that entity. Costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property (sometimes referred to in part as prospecting costs) and after acquiring the property. Principal types of exploration costs, which include depreciation and applicable operating costs of support equipment and facilities and other costs of exploration activities, are: (i) Costs of topographical, geographical and geophysical studies, rights of access to properties to conduct those studies, and salaries and other expenses of geologists, geophysical crews, and others conducting those studies. Collectively, these are sometimes referred to as geological and geophysical or "G&G" costs. (ii) Costs of carrying and retaining undeveloped properties, such as delay rentals, ad valorem taxes on properties, legal costs for title defense, and the maintenance of land and lease records. (iii) Dry hole contributions and bottom hole contributions. (iv) Costs of drilling and equipping exploratory wells. (v) Costs of drilling exploratory-type stratigraphic test wells. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before tax, of realized and unrealized gain (loss) from foreign currency transaction. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The difference between the carrying value and the sale price of real estate or properties that were intended to be sold or held for capital appreciation or rental income. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for transfer agent and custodian services. Includes, but is not limited to, fee paid for maintaining investor record, account balance, and company's stock transaction and fee paid for holding and safeguarding assets of individual, mutual fund, and investment company. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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