v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 669,505 $ 714,171
Receivables 2,957 1,830
Prepaid expenses 4,101 4,972
Deposits (Note 9) 22,002 27,572
TOTAL CURRENT ASSETS 698,565 748,545
NON-CURRENT ASSETS    
Mineral properties and interest (Note 3) 67,694 67,680
Buildings and equipment, net (Note 4) 25,772 1,838
Operating lease right-of-use assets (Note 5) 3,140 31
Restricted cash equivalents 59,550 59,550
TOTAL ASSETS 854,721 877,644
CURRENT LIABILITIES    
Trade and other payables 32,425 13,565
Lease liabilities (Note 5) 811 88
CWA settlement payable (Note 9) 1,000 1,000
TOTAL CURRENT LIABILITIES 34,236 14,653
NON-CURRENT LIABILITIES    
Lease liabilities (Note 5) 2,752 156
CWA settlement payable (Note 9) 1,000 1,000
Reclamation liabilities (Note 7) 558 534
TOTAL LIABILITIES 38,546 16,343
COMMITMENT AND CONTINGENCIES (Note 9)
SHAREHOLDERS' EQUITY (Note 6)    
Common shares, without par value, unlimited shares authorized, 124,949,691 and 124,124,030 shares outstanding, respectively 1,495,742 1,490,420
Additional capital 64,633 66,454
Accumulated deficit (744,200) (695,573)
TOTAL SHAREHOLDERS' EQUITY 816,175 861,301
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 854,721 $ 877,644