v3.25.2
24. COMMITMENTS AND CONTINGENCIES
12 Months Ended
Dec. 31, 2024
Notes  
24. COMMITMENTS AND CONTINGENCIES

24.COMMITMENTS AND CONTINGENCIES  

 

As of December 31, 2024, the Company has the following commitments for two leased land rights of way rentals in Nye County, Nevada, totaling approximately 40 acres:

 

 

Acres

Expiration

Annual Fee

Right-of-Way Grant N-41035

19.66

December 31, 2054

$2,850 

Right-of-Way Grant N-42414

20.32

December 31, 2044

1,129 

 

 

 

$3,979 

 

From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties and an adverse result in these or other matters may arise from time to time that may harm our business. We are currently not aware of any such legal proceedings or claims that we believe will have a material adverse effect on our business, financial condition or operating results.