Mining
concession asset consists of the following:
| As
at | |
December 31, 2025 | | |
December
31, 2024 | |
| | |
$ | | |
$ | |
| Opening balance | |
| – | | |
| – | |
| Addition: Original acquisition
cost – First Guayabales Option (a) | |
| 9,833,334 | | |
| – | |
| Addition: Environmental remediation –
First Guayabales Option (b) | |
| 1,857,509 | | |
| – | |
| Addition: Original acquisition cost –
Other mining concessions (c) | |
| 750,000 | | |
| – | |
| Fair value adjustment – Acquisition cost
– First Guayabales Option | |
| (504,403 | ) | |
| – | |
| Fair value adjustment – Provision for
environmental remediation | |
| (268,138 | ) | |
| | |
| Fair value adjustment
– Acquisition cost - Other mining concessions | |
| (46,599 | ) | |
| – | |
| | |
| 11,621,703 | | |
| – | |
|