Fifteen months ended
December 31, 2025

Twelve months ended
September 30, 2024
(Restated – Note 6)

Assay and analysis

$

374,631

$

–

Community relations

326,458

–

Concession fees

2,053,716

–

Depreciation

45,384

29,608

Drilling and drilling related costs

468,478

–

Environmental, regulatory & permitting

63,143

–

Geological & geophysical investigations

48,487

322,377

Reclamation provision

76,758

–

Salaries, contractors & project administration

3,869,895

994,321

Site preparation, camp & field expenses

1,700,613

86,289

Studies

38,982

–

$

9,066,545

$

1,432,595