| Schedule of Expenses and Mineral Property Carrying Values by Material Project |
The tables below summarize the Company's segments:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2026 |
|
|
|
Sleeper Gold Project and other Nevada based Projects |
|
|
Grassy Mountain Project and other Oregon based Projects |
|
|
Corporate |
|
|
Total |
|
Exploration and development |
|
$ |
29,910 |
|
|
$ |
1,090,777 |
|
|
$ |
— |
|
|
$ |
1,120,687 |
|
Reclamation |
|
|
49,755 |
|
|
|
— |
|
|
|
— |
|
|
|
49,755 |
|
Land holding costs |
|
|
111,135 |
|
|
|
43,173 |
|
|
|
— |
|
|
|
154,308 |
|
Accretion |
|
|
56,912 |
|
|
|
— |
|
|
|
— |
|
|
|
56,912 |
|
Corporate |
|
|
— |
|
|
|
— |
|
|
|
975,267 |
|
|
|
975,267 |
|
Net Loss Before Other Expense |
|
$ |
247,712 |
|
|
$ |
1,133,950 |
|
|
$ |
975,267 |
|
|
$ |
2,356,929 |
|
Other Expense (Income) |
|
|
|
|
|
|
|
|
|
|
|
|
Other income |
|
|
(99,393 |
) |
|
|
— |
|
|
|
— |
|
|
|
(99,393 |
) |
Loss from change in fair value of derivative liability on royalty convertible debenture |
|
|
— |
|
|
|
— |
|
|
|
1,403,823 |
|
|
|
1,403,823 |
|
Loss from change in fair value of warrant liability |
|
|
— |
|
|
|
— |
|
|
|
838,106 |
|
|
|
838,106 |
|
Interest expense |
|
|
— |
|
|
|
— |
|
|
|
418,506 |
|
|
|
418,506 |
|
Interest income |
|
|
— |
|
|
|
— |
|
|
|
(14,823 |
) |
|
|
(14,823 |
) |
Net Loss |
|
$ |
148,319 |
|
|
$ |
1,133,950 |
|
|
$ |
3,620,879 |
|
|
$ |
4,903,148 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2025 |
|
|
|
Sleeper Gold Project and other Nevada based Projects |
|
|
Grassy Mountain Project and other Oregon based Projects |
|
|
Corporate |
|
|
Total |
|
Exploration and development |
|
$ |
57,655 |
|
|
$ |
676,251 |
|
|
$ |
— |
|
|
$ |
733,906 |
|
Reclamation |
|
|
14,193 |
|
|
|
— |
|
|
|
— |
|
|
|
14,193 |
|
Land holding costs |
|
|
142,235 |
|
|
|
43,173 |
|
|
|
— |
|
|
|
185,408 |
|
Accretion |
|
|
45,619 |
|
|
|
— |
|
|
|
— |
|
|
|
45,619 |
|
Corporate |
|
|
— |
|
|
|
— |
|
|
|
1,217,044 |
|
|
|
1,217,044 |
|
Net Loss Before Other Expense |
|
$ |
259,702 |
|
|
$ |
719,424 |
|
|
$ |
1,217,044 |
|
|
$ |
2,196,170 |
|
Other Expense (Income) |
|
|
|
|
|
|
|
|
|
|
|
|
Other income |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Loss from change in fair value of derivative liability on royalty convertible debenture |
|
|
— |
|
|
|
— |
|
|
|
11,874 |
|
|
|
11,874 |
|
Interest expense |
|
|
— |
|
|
|
— |
|
|
|
418,506 |
|
|
|
418,506 |
|
Interest income |
|
|
— |
|
|
|
— |
|
|
|
(8,243 |
) |
|
|
(8,243 |
) |
Net Loss |
|
$ |
259,702 |
|
|
$ |
719,424 |
|
|
$ |
1,639,181 |
|
|
$ |
2,618,307 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended March 31, 2026 |
|
|
|
Sleeper Gold Project and other Nevada based Projects |
|
|
Grassy Mountain Project and other Oregon based Projects |
|
|
Corporate |
|
|
Total |
|
Exploration and development |
|
$ |
73,964 |
|
|
$ |
2,352,628 |
|
|
$ |
— |
|
|
$ |
2,426,592 |
|
Reclamation |
|
|
112,646 |
|
|
|
— |
|
|
|
— |
|
|
|
112,646 |
|
Land holding costs |
|
|
426,704 |
|
|
|
129,520 |
|
|
|
— |
|
|
|
556,224 |
|
Accretion |
|
|
170,736 |
|
|
|
— |
|
|
|
— |
|
|
|
170,736 |
|
Corporate |
|
|
— |
|
|
|
— |
|
|
|
2,762,334 |
|
|
|
2,762,334 |
|
Net Loss Before Other Expense |
|
$ |
784,050 |
|
|
$ |
2,482,148 |
|
|
$ |
2,762,334 |
|
|
$ |
6,028,532 |
|
Other Expense (Income) |
|
|
|
|
|
|
|
|
|
|
|
|
Other income |
|
|
(105,734 |
) |
|
|
— |
|
|
|
— |
|
|
|
(105,734 |
) |
Loss from change in fair value of derivative liability on royalty convertible debenture |
|
|
— |
|
|
|
— |
|
|
|
4,343,593 |
|
|
|
4,343,593 |
|
Loss from change in fair value of warrant liability |
|
|
— |
|
|
|
— |
|
|
|
2,145,605 |
|
|
|
2,145,605 |
|
Interest expense |
|
|
— |
|
|
|
— |
|
|
|
1,272,182 |
|
|
|
1,272,182 |
|
Interest income |
|
|
— |
|
|
|
— |
|
|
|
(29,755 |
) |
|
|
(29,755 |
) |
Net Loss |
|
$ |
678,316 |
|
|
$ |
2,482,148 |
|
|
$ |
10,493,959 |
|
|
$ |
13,654,423 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended March 31, 2025 |
|
|
|
Sleeper Gold Project and other Nevada based Projects |
|
|
Grassy Mountain Project and other Oregon based Projects |
|
|
Corporate |
|
|
Total |
|
Exploration and development |
|
$ |
135,958 |
|
|
$ |
1,370,357 |
|
|
$ |
— |
|
|
$ |
1,506,315 |
|
Reclamation |
|
|
84,550 |
|
|
|
— |
|
|
|
— |
|
|
|
84,550 |
|
Land holding costs |
|
|
412,039 |
|
|
|
126,323 |
|
|
|
— |
|
|
|
538,362 |
|
Accretion |
|
|
179,794 |
|
|
|
— |
|
|
|
— |
|
|
|
179,794 |
|
Corporate |
|
|
— |
|
|
|
— |
|
|
|
2,510,705 |
|
|
|
2,510,705 |
|
Net Loss Before Other Expense |
|
$ |
812,341 |
|
|
$ |
1,496,680 |
|
|
$ |
2,510,705 |
|
|
$ |
4,819,726 |
|
Other Expense (Income) |
|
|
|
|
|
|
|
|
|
|
|
|
Other income |
|
|
(6,217 |
) |
|
|
— |
|
|
|
— |
|
|
|
(6,217 |
) |
Change in derivative liability on royalty convertible debenture |
|
|
— |
|
|
|
— |
|
|
|
175,929 |
|
|
|
175,929 |
|
Interest expense |
|
|
— |
|
|
|
— |
|
|
|
1,272,184 |
|
|
|
1,272,184 |
|
Interest income |
|
|
— |
|
|
|
— |
|
|
|
(39,688 |
) |
|
|
(39,688 |
) |
Net Loss |
|
$ |
806,124 |
|
|
$ |
1,496,680 |
|
|
$ |
3,919,130 |
|
|
$ |
6,221,934 |
|
Non current assets of Company's segments:
|
|
|
|
|
|
|
|
|
` |
|
As at March 31, 2026 |
|
|
As at June 30, 2025 |
|
Sleeper Gold Project and other Nevada based projects mineral properties |
|
$ |
25,751,750 |
|
|
$ |
25,701,750 |
|
Grassy Mountain Project and other Oregon based projects mineral properties |
|
|
23,435,728 |
|
|
|
23,435,728 |
|
Corporate and other |
|
|
518,100 |
|
|
|
558,204 |
|
Total Non-Current Assets |
|
$ |
49,705,578 |
|
|
$ |
49,695,682 |
|
|