11. Investment in Buckskin

The investment in Buckskin is being accounted for using the equity method and resulted in a change in equity from the loss of $168 and income of $1,346 for the respective three-month periods ended March 31, 2026 and 2025. The Company makes an annual payment of $12,000 to Buckskin per a mineral lease covering 218 acres of patented mining claims. As of March 31, 2026 and December 31, 2025, the Company held 37% of Buckskin’s outstanding shares.