v3.25.2
Note 5 - Investment in Donlin Gold (Tables)
9 Months Ended
Aug. 31, 2025
Donlin Gold [Member]  
Notes Tables  
Equity Method Investments [Table Text Block]
   

Three months ended August 31,

   

Nine months ended August 31,

 
   

2025

   

2024

   

2025

   

2024

 

Balance – beginning of period

  $ 4,248     $ 3,454     $ 2,597     $ 3,071  

Acquisition of additional 10% interest in Donlin Gold

    210,050             210,050        

Share of losses:

                               

Mineral property expenditures

    (7,301 )     (2,675 )     (15,806 )     (9,327 )

Depreciation

    (137 )     (128 )     (374 )     (408 )

Accretion

    (12 )     (11 )     (32 )     (30 )
      202,600       (2,814 )     193,838       (9,765 )

Funding

    8,100       2,864       18,513       10,198  

Balance – end of period

  $ 214,948     $ 3,504     $ 214,948     $ 3,504  
   

As of

August 31, 2025

   

As of

November 30, 2024

 

Current assets: Cash, prepaid expenses, and other receivables

  $ 8,672     $ 3,745  

Non-current assets: Right-of-use assets, property and equipment

    1,058       965  

Non-current assets: Mineral property

    39,185       32,654  

Current liabilities: Accounts payable, accrued liabilities and lease obligations

    (3,747 )     (1,947 )

Non-current liabilities: Reclamation and lease obligations

    (1,020 )     (820 )

Net assets

  $ 44,148     $ 34,597