RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2025

RELATED PARTY TRANSACTIONS

Summary of the related party transactions


		Year ended December 31
		2025			2024
PJH Consulting, LLC ⁽¹⁾		$	84,093		$	—
EarthLabs Inc. ⁽²⁾			—			18,000
Notz Capital Corp. ⁽³⁾			46,921			177,310

(1)

Amounts incurred for administrative services provided by a close family member of Paul Huet, Chair of the Board of directors. PJH Consulting, LLC is a related entity of Paul Huet, Chair of the Board of Directors. These charges were included in general and administrative expenses.

(2)

EarthLabs Inc. is a related entity having the following common former director and officer to the Company: Denis Laviolette, Former Director and President. These costs were charged to exploration and evaluation expenses.

(3)

Notz Capital Corp. is a related entity of a director. These charges were charged to general and administrative expenses.

Summary of key management personnel compensation

Year ended December 31, 2025


		Salaries and			Share-based
		Consulting			Compensation			Bonus			Total
Keith Boyle, Chief Executive Officer		$	425,806		$	763,501		$	—		$	1,189,307
Collin Kettell, Former Executive Chairman and Chief Executive Officer			38,400			—			1,031,760			1,070,160
Melissa Render, President			360,000	⁽¹⁾		392,015			—			752,015
Hashim Ahmed, Chief Financial Officer			106,795			86,273			—			193,068
Robert Assabgui, Chief Operating Officer			94,792			2,704			—			97,496
Greg Matheson, Former Chief Operating Officer			471,200	⁽²⁾		—			—			471,200
Ron Hampton, Former Chief Development Officer			562,529	⁽¹⁾⁽³⁾		—			—			562,529
Michael Kanevsky, Former Chief Financial Officer			262,440	⁽⁴⁾		—			—			262,440
Vijay Mehta, Former Director			51,000			357,057			—			408,057
Chad Williams, Director			75,000			308,404			—			383,404
William Hayden, Director			84,000			457,216			—			541,216
Tamara Brown, Director			30,900			178,999			—			209,899
Dr. Andrew Furey, Director			36,000			169,162			—			205,162
Paul Huet, Director			168,186			3,470,771			—			3,638,957
Allen Palmiere, Director			15,000			74,577			—			89,577
		$	2,782,048		$	6,260,679		$	1,031,760		$	10,074,487

(1)

Salary recorded in exploration and evaluation expenses in the consolidated statement of loss and comprehensive loss.

(2)

Includes termination benefits of $424,080 in accordance with the terms of their management agreement.

(3)

Includes termination benefits of $505,440 in accordance with the terms of their management agreement.

(4)

Includes termination benefits of $174,960 in accordance with the terms of their management agreement.

Year ended December 31, 2024


		Salaries and			Share-based
		Consulting			Compensation			Bonus			Total
Colin Kettel, Executive Chairman and Chief Executive Officer		$	388,800		$	—		$	129,600		$	518,400
Melissa Render, President			15,000	⁽¹⁾		—			—			15,000
Denis Laviolette, Former President			261,917			—			90,720			352,637
Michael Kanevsky, Chief Financial Officer			116,640			—			38,880			155,520
Greg Matheson, Chief Operating Officer			270,220			—			84,240			354,460
Ronald Hampton, Chief Development Officer			336,960	⁽¹⁾		96,083			112,320	⁽¹⁾		545,363
Non-Executive Directors			83,440			—			—			83,440
Former Non-Executive Directors			138,580			—			—			138,580
		$	1,611,557		$	96,083		$	455,760		$	2,163,400

(1)

Salary and bonus recorded in exploration and evaluation expenses in the consolidated statement of loss and comprehensive loss.