| Disclosure of operating segments [text block] |
| 25. | Segmented Information |
The Company’s Chief Operating Decision Maker (“CODM”) is its Chief Executive Officer. The CODM reviews the results of Company’s refinery business and exploration and evaluation activities as discrete business units, separate from the rest of the Company’s activities which are reviewed on an aggregate basis.
The Company’s exploration and evaluation activities are located in Idaho, USA, with its head office function in Canada. All of the Company’s capital assets, including property and equipment, and exploration and evaluation assets are located in Canada and USA, respectively.
| | (a) | Segmented operating results for the year ended December 31, 2025 and 2024: |
| For the year ended December 31, 2025 | | Refinery | | | Exploration and Evaluation | | | Corporate and Other | | | Total | |
| Operating expenses | | | | | | | | | | | | | | | | |
| Consulting and professional fees | | $ | 632 | | | $ | 28 | | | $ | 4,443 | | | $ | 5,103 | |
| Exploration and evaluation expenditures | | | - | | | | 255 | | | | - | | | | 255 | |
| General and administrative | | | 1,329 | | | | 19 | | | | 1,723 | | | | 3,071 | |
| Investor relations and marketing | | | - | | | | - | | | | 622 | | | | 622 | |
| Salaries and benefits | | | 1,911 | | | | - | | | | 4,602 | | | | 6,513 | |
| Share-based payments | | | - | | | | - | | | | 1,453 | | | | 1,453 | |
| Operating loss | | $ | 3,872 | | | $ | 302 | | | $ | 12,843 | | | $ | 17,017 | |
| Unrealized gain on marketable securities | | | - | | | | - | | | | 4 | | | | 4 | |
| Loss on financial derivative liability - Convertible Notes | | | - | | | | - | | | | (10,354 | ) | | | (10,354 | ) |
| Changes in US Warrants | | | - | | | | - | | | | 74,410 | | | | 74,410 | |
| Loss on extinguishment of 2028 and 2027 Notes and recognition of term loan | | | - | | | | - | | | | (168,183 | ) | | | (168,183 | ) |
| Other non-operating loss | | | - | | | | - | | | | (12,325 | ) | | | (12,325 | ) |
| Loss before taxes | | $ | (3,872 | ) | | $ | (302 | ) | | $ | (129,291 | ) | | $ | (133,465 | ) |
| For the year ended December 31, 2024 | | Refinery | | | Exploration and Evaluation | | | Corporate and Other | | | Total | |
| Operating expenses | | | | | | | | | | | | | | | | |
| Consulting and professional fees | | $ | 270 | | | $ | - | | | $ | 3,512 | | | $ | 3,782 | |
| Exploration and evaluation expenditures | | | - | | | | 442 | | | | - | | | | 442 | |
| General and administrative and travel | | | 804 | | | | - | | | | 2,098 | | | | 2,902 | |
| Investor relations and marketing | | | - | | | | - | | | | 811 | | | | 811 | |
| Salaries and benefits | | | 1,547 | | | | - | | | | 2,771 | | | | 4,318 | |
| Share-based payments | | | - | | | | - | | | | 1,739 | | | | 1,739 | |
| Operating loss | | $ | 2,621 | | | $ | 442 | | | $ | 10,931 | | | $ | 13,994 | |
| Unrealized gain on marketable securities | | | - | | | | - | | | | 41 | | | | 41 | |
| (Loss) on financial derivative liability - Convertible Notes | | | - | | | | - | | | | (4,493 | ) | | | (4,493 | ) |
| Changes in US Warrants | | | - | | | | - | | | | 7 | | | | 7 | |
| Other non-operating loss | | | - | | | | - | | | | (11,008 | ) | | | (11,008 | ) |
| Loss before taxes | | $ | 2,621 | | | $ | 442 | | | $ | 26,384 | | | $ | 29,447 | |
| For the year ended December 31, 2023 | | Refinery | | | Exploration and Evaluation | | | Corporate and Other | | | Total | |
| Operating expenses | | | | | | | | | | | | | | | | |
| Consulting and professional fees | | $ | 69 | | | $ | 78 | | | $ | 4,512 | | | $ | 4,659 | |
| Exploration and evaluation expenditures | | | - | | | | 700 | | | | - | | | | 700 | |
| General and administrative and travel | | | 156 | | | | 3 | | | | 2,236 | | | | 2,395 | |
| Investor relations and marketing | | | - | | | | - | | | | 633 | | | | 633 | |
| Salaries and benefits | | | 1,783 | | | | - | | | | 1,992 | | | | 3,775 | |
| Share-based payments | | | - | | | | - | | | | 1,821 | | | | 1,821 | |
| Operating loss | | $ | 2,008 | | | $ | 781 | | | $ | 11,194 | | | $ | 13,983 | |
| Unrealized loss on marketable securities | | | - | | | | - | | | | (253 | ) | | | (253 | ) |
| Gain on financial derivative liability - Convertible Notes | | | - | | | | - | | | | 6,683 | | | | 6,683 | |
| Changes in US Warrants | | | - | | | | - | | | | 1,243 | | | | 1,243 | |
| Other non-operating expenses | | | - | | | | - | | | | (6,472 | ) | | | (6,472 | ) |
| Impairment | | | (51,884 | ) | | | - | | | | - | | | | (51,884 | ) |
| Loss before taxes | | $ | 53,892 | | | $ | 781 | | | $ | 9,993 | | | $ | 64,666 | |
| | (b) | Segmented assets and liabilities as at December 31, 2025 and December 31, 2024: |
| | | Total Assets | | | Total Liabilities | |
| | | December 31, 2025 | | | December 31, 2024 | | | December 31, 2025 | | | December 31, 2024 | |
| Refinery | | $ | 56,443 | | | $ | 52,434 | | | $ | 12,493 | | | $ | 3,707 | |
| Exploration and Evaluation 1 | | | 88,884 | | | | 93,276 | | | | 53 | | | | 87 | |
| Corporate and Other | | | 40,237 | | | | 5,737 | | | | 126,768 | | | | 83,335 | |
| | | $ | 185,564 | | | $ | 151,447 | | | $ | 139,314 | | | $ | 87,129 | |
1 Total non-current assets comprising of exploration and evaluation assets in the amount of $88,776 ( December 31, 2024 - $93,200) are located in Idaho, USA. All other assets are located in Canada.
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