v3.26.1
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net loss $ (3,263,140) $ (882,574)
Adjustments to reconcile net loss to net cash used in operating activities:    
Impairment of assets 1,881,082 0
Stock-based compensation 227,605 158,000
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (7,815) (7,414)
Accounts payable and accrued liabilities 15,795 13,713
Net cash used in operating activities (1,146,473) (718,275)
Cash flows from financing activities:    
Proceeds from issuance of Series B Convertible Preferred Stock 830,945 252,558
Proceeds from issuance of Common Stock 2,752,500 6
Net cash provided by financing activities 3,583,445 252,564
Effect of foreign exchange rate on cash 3,801 (2,851)
Net increase (decrease) in cash 2,440,773 (468,562)
Cash at beginning of period 331,309 799,871
Cash at end of period 2,772,082 331,309
Supplemental disclosure of non-cash investing and financing activities:    
Issuance of common stock for the acquisition of mining concessions 1,890,000 0
Conversion of Series B Convertible Preferred to common stock  $ 1,083,503 $ 0