Cost

Silver Sand

Carangas

Silverstrike

Total

Balance, July 1, 2023

​

$

86,135,820

​

$

18,137,910

​

$

4,862,942

​

$

109,136,672

Capitalized exploration expenditures

​

​

​

​

Reporting and assessment

​

999,402

​

408,874

​

—

​

1,408,276

Drilling and assaying

​

47,217

​

23,894

​

—

​

71,111

Project management and support

​

1,765,297

​

1,079,177

​

63,919

​

2,908,393

Camp service

​

249,764

​

241,945

​

36,754

​

528,463

Permit and license

​

33,073

​

9,308

​

—

​

42,381

Value added tax receivable

​

112,332

​

31,061

​

979

​

144,372

Foreign currency impact

​

(365,571)

​

(78,127)

​

(30,039)

​

(473,737)

Balance, June 30, 2024

​

$

88,977,334

​

$

19,854,042

​

$

4,934,555

​

$

113,765,931

Capitalized exploration expenditures

​

​

​

​

Reporting and assessment

​

94,894

​

190,352

​

—

​

285,246

Drilling and assaying

​

342

​

6,763

​

5,125

​

12,230

Project management and support

​

1,155,235

​

889,034

​

37,828

​

2,082,097

Camp service

​

179,873

​

295,804

​

17,033

​

492,710

Permit and license

​

12,606

​

47,818

​

—

​

60,424

Value added tax receivable

​

109,086

​

44,020

​

2,046

​

155,152

Foreign currency impact

​

51,499

​

26,018

​

3,058

​

80,575

Balance, June 30, 2025

​

$

90,580,869

​

$

21,353,851

​

$

4,999,645

​

$

116,934,365