v3.25.2
Segmented Information
 6 Months Ended
Jun. 30, 2025
Segmented Information [Abstract]  
SEGMENTED INFORMATION

NOTE 7 - SEGMENTED INFORMATION

 

The Company is managed as one reportable segment: United States. The United States segment conducts exploration and evaluation activities at the Company’s principal assets, the Bullfrog Mines and CR Reward projects. This segment does not presently report any revenues from operations. Through this segment, the Company seeks to position its projects as development opportunities within the gold, silver, and other metals sectors.

The Company’s Chief Operating Decision Maker is the Chief Executive Officer (“CODM”). The CODM uses the consolidated statement of operations and comprehensive loss as the measure of segment profit and loss to assess performance and allocate resources. The measure of segment assets is reported on the consolidated balance sheets as “Total assets” and the measure of segment capital expenditures is reported on the consolidated statements of cash flows as “Acquisition of mineral properties.”

 

The Company reported no revenues during the six months ended June 30, 2025 and 2024. The geographic location of all long lived assets is the United States.

 

Six months ending  6/30/2025   6/30/2024 
Exploration, evaluation and project expense          
Consultants/Contractors  $171,383   $411,575 
Supplies and equipment   155,829    141,217 
Overhead and payroll   240,498    427,320 
Permits and fees   261,782    230,845 
Other   9,690    21,501 
Sub-Total  $839,182   $1,232,458 
           
General and administrative          
Accounting fees  $179,353   $170,161 
Legal and other professional fees   214,014    105,893 
Marketing expense   5,834    5,736 
Payroll   180,451    231,363 
Corporate expenses & rent   71,379    83,183 
Share based compensation   202,831    416,482 
Insurance   79,687    52,028 
Stock exchange fees   40,707    56,704 
Other general expenses   52,494    11,151 
Sub-Total  $1,026,750   $1,132,701 
           
Other   1,655,391    751,021 
Net loss and comprehensive loss  $3,521,323   $3,116,180