v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 4,709,577 $ 7,377,562
Restricted cash 42,931 43,235
Other receivables 29,783 56,024
Inventories 28,644 28,644
Prepaid expenses 1,249,562 79,639
Total current assets 6,060,497 7,585,104
Exploration and evaluation assets 31,392 31,392
Operating lease right-of-use assets, net 79,428 86,224
Property and equipment, net 943,422 742,962
Total assets 7,114,739 8,445,682
Current liabilities    
Accounts payable 321,992 223,821
Accrued liabilities 65,316 123,914
Current portion of lease liabilities 30,515 30,221
Other payables 180,863 180,863
Total current liabilities 598,686 558,819
Lease liabilities 49,241 58,171
Asset retirement obligations 224,906 219,582
Total liabilities 872,833 836,572
Stockholders’ equity    
Common stock $0.001 par value: 300,000,000 shares authorized as at March 31, 2026 and December 31, 2025; 13,322,493 shares issued and outstanding as at March 31, 2026 and 13,308,985 shares issued and outstanding as at December 31, 2025 13,322 13,309
Additional paid-in capital 38,347,846 37,784,883
Accumulated deficit (32,119,262) (30,189,082)
Total stockholders’ equity 6,241,906 7,609,110
Total liabilities and stockholders’ equity $ 7,114,739 $ 8,445,682