v3.26.1
Reclamation Provision
12 Months Ended
Dec. 31, 2025
Reclamation Provision [Abstract]  
RECLAMATION PROVISION
9.RECLAMATION PROVISION

 

   December 31, 2025   September 30, 2024 
Balance, start of the year $492,426  $ 
Acquisition of Reliant Ventures S.A.C.     468,180 
Additions  31,019    
Accretion  30,200   8,237 
Settlement  (5,569)   
Change in estimate  46,268    
Foreign exchange adjustment  56,095   16,009 
Balance, end of the year $650,439  $492,426 

 

The reclamation provision represents the estimated costs for restoration and rehabilitation for environmental disturbances estimated to be incurred in the year 2027. The total undiscounted estimated cash flows required to settle these obligations as at December 31, 2025, are $658,923 (September 30, 2024 – $573,958), which have been inflated at the rate of 1.95% per annum (September 30, 2024 – 1.98%) and discounted at the rate of 4.00% (September 30, 2024 – 5.25%).