v3.26.1
Consolidated Statement of Financial Position - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 129,647,421 $ 38,930,957
Receivables and prepaid expenses 1,607,818 683,655
Current assets 131,255,239 39,614,612
Non-current assets:    
Mining concession asset 11,621,703
Property, plant and equipment 11,214,207 680,062
Intangibles 60,000
VAT receivable 3,894,616 2,261,717
Non current assets 26,790,526 2,941,779
Total assets 158,045,765 42,556,391
Current liabilities:    
Account payables and accrued liabilities 4,818,237 2,229,583
Warrants liability 3,163,115
Current portion provision for environmental remediation 652,131
Current portion of lease liability 722,050 82,795
Current portion of other long-term liabilities 2,470,586
Current liabilities 8,663,004 5,475,493
Non-current liabilities:    
Provision for environmental remediation 937,240
Lease liability 1,136,276 72,732
Other long-term liabilities 2,181,709
Non-current liabilities 4,255,225 72,732
Total liabilities 12,918,229 5,548,225
Equity:    
Share capital 243,720,586 102,256,065
Contributed surplus 33,623,682 17,110,478
Deficit (132,216,732) (82,358,377)
Equity 145,127,536 37,008,166
Total liabilities and equity $ 158,045,765 $ 42,556,391