v3.26.1
SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2025
SEGMENT REPORTING  
Schedule of operating segments

Year ended December 31, 2025

Exploration

Mining

Corporate

  ​ ​ ​

and Evaluation

  ​ ​ ​

Operations

  ​ ​ ​

and Others

  ​ ​ ​

Consolidated

Revenue

$

$

5,806,973

$

$

5,806,973

Cost of sales

 

 

(5,688,718)

 

 

(5,688,718)

Exploration and evaluation

 

(41,214,271)

 

(166,136)

 

 

(41,380,407)

General and administrative

 

(11,392,838)

 

(263,896)

 

 

(11,656,734)

Share-based compensation

 

(6,284,821)

 

 

 

(6,284,821)

Transaction costs

 

 

 

(4,787,735)

 

(4,787,735)

Other income (expenses)

 

8,768,256

 

(147,268)

 

7,403,264

 

16,024,252

Segment net loss

$

(50,123,674)

$

(459,045)

$

2,615,529

$

(47,967,190)

Deferred income and mining tax recoveries

358,119

36,451

394,570

$

(50,123,674)

$

(100,926)

$

2,651,980

$

(47,572,620)

Capital expenditures

$

1,366,671

$

2,207,005

$

$

3,573,676

Segment assets

 

120,264,458

 

415,865,192

 

 

536,129,650

Segment liabilities

15,424,354

101,608,041

117,032,395

Year ended December 31, 2024

Exploration

Mining

Corporate

  ​ ​ ​

and Evaluation

  ​ ​ ​

Operations

  ​ ​ ​

and Others

  ​ ​ ​

Consolidated

Exploration and evaluation

 

(52,563,340)

 

 

 

(52,563,340)

General and administrative

 

(6,864,539)

 

 

 

(6,864,539)

Share-based compensation

 

(889,045)

 

 

 

(889,045)

Other income (expenses)

 

7,281,103

 

 

2,767,467

 

10,048,570

Segment net loss

$

(53,035,821)

$

$

2,767,467

$

(50,268,354)

Capital expenditures

$

1,075,082

$

$

$

1,075,082

Segment assets

 

74,019,011

 

 

 

74,019,011

Segment liabilities

7,448,306

7,448,306