| 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 |
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