SUPPLEMENTARY INFORMATION TO THE STATEMENTS OF NET LOSS AND COMPREHENSIVE LOSS

12 Months Ended

Mar. 31, 2026

13. SUPPLEMENTARY INFORMATION TO THE STATEMENTS OF NET LOSS AND COMPREHENSIVE LOSS

(a) Salaries, fees and benefits

Salaries, fees and benefits included in exploration and evaluation expenses and administration expenses are as follows:

	Years ended March 31,
	2026⁽¹⁾		2025⁽¹⁾		2024⁽¹⁾
Salaries, fees and benefits	($)		($)		($)
Exploration and evaluation expenses		8,894,000		11,372,000		6,777,000
Administration expenses ⁽²⁾		317,000		389,000		347,000
		9,211,000		11,761,000		7,124,000

	⁽¹⁾	rounded to the nearest whole thousand.

	⁽²⁾	includes salaries and benefits included in office and administration expenses (note 13(b)) and other salaries and benefits expenses classified as administration expenses.

(b) Office and administration expenses

Office and administration expenses include the following:

	Years ended March 31,
	2026⁽¹⁾		2025⁽¹⁾		2024⁽¹⁾
	($)		($)		($)
Salaries and Benefits		317,000		389,000		340,000
Data processing and retention		9,000		13,000		21,000
Insurance		33,000		27,000		26,000
Other office expenses		255,000		55,000		30,000
		614,000		484,000		417,000

⁽¹⁾

rounded to the nearest whole thousand.