| Schedule of Equipment |
Mineral
properties and rights, plant and equipment, right-of-use assets, and land are comprised of the following:
Schedule
of Equipment
| Cost | |
Mineral properties and rights | | |
Plant and equipment | | |
Right-of-use assets | | |
Land | |
| As at December 31, 2024 | |
$ | 18,795,591 | | |
$ | 68,877,586 | | |
$ | 984,562 | | |
$ | 309,861 | |
| Acquisition | |
| 4,246,360 | | |
| - | | |
| - | | |
| - | |
| Additions | |
| 4,061,914 | | |
| 30,857,974 | | |
| 38,154 | | |
| - | |
| Disposals | |
| (1,707,988 | ) | |
| - | | |
| - | | |
| - | |
| As at December 31, 2025 | |
$ | 25,395,877 | | |
$ | 99,735,560 | | |
$ | 1,022,716 | | |
$ | 309,861 | |
| | |
| | | |
| | | |
| | | |
| | |
| As at December 31, 2025 | |
$ | 25,395,877 | | |
$ | 99,735,560 | | |
$ | 1,022,716 | | |
$ | 309,861 | |
| Cost, Beginning | |
$ | 25,395,877 | | |
$ | 99,735,560 | | |
$ | 1,022,716 | | |
$ | 309,861 | |
| Additions | |
| 5,285,569 | | |
| 26,375,934 | | |
| 2,643,712 | | |
| 2,939,627 | |
| As at June 30, 2026 | |
$ | 30,681,446 | | |
$ | 126,111,494 | | |
$ | 3,666,428 | | |
$ | 3,249,488 | |
| Cost, Ending | |
$ | 30,681,446 | | |
$ | 126,111,494 | | |
$ | 3,666,428 | | |
$ | 3,249,488 | |
| Accumulated depreciation and depletion | |
Mineral properties and rights | | |
Plant and equipment | | |
Right-of-use assets | | |
Land | |
| As at December 31, 2024 | |
$ | - | | |
$ | 726,358 | | |
$ | 226,437 | | |
$ | - | |
| Depreciation, depletion | |
| - | | |
| 339,901 | | |
| 201,078 | | |
| - | |
| Disposals | |
| - | | |
| - | | |
| - | | |
| - | |
| As at December 31, 2025 | |
$ | - | | |
$ | 1,066,259 | | |
$ | 427,515 | | |
$ | - | |
| | |
| | | |
| | | |
| | | |
| | |
| As at December 31, 2025 | |
$ | - | | |
$ | 1,066,259 | | |
$ | 427,515 | | |
$ | - | |
| Accumulated depreciation and depletion, Beginning | |
$ | - | | |
$ | 1,066,259 | | |
$ | 427,515 | | |
$ | - | |
| Depreciation, depletion | |
| - | | |
| 164,070 | | |
| 140,412 | | |
| - | |
| Disposals | |
| - | | |
| - | | |
| - | | |
| - | |
| As at June 30, 2026 | |
$ | - | | |
$ | 1,230,329 | | |
$ | 567,927 | | |
$ | - | |
| Accumulated depreciation and depletion, Ending | |
$ | - | | |
$ | 1,230,329 | | |
$ | 567,927 | | |
$ | - | |
| Net book value | |
Mineral properties and rights | | |
Plant and equipment | | |
Right-of-use assets | | |
Land | |
| As at December 31, 2025 | |
$ | 25,395,877 | | |
$ | 98,669,301 | | |
$ | 595,201 | | |
$ | 309,861 | |
| As at June 30, 2026 | |
$ | 30,681,446 | | |
$ | 124,881,165 | | |
$ | 3,098,501 | | |
$ | 3,249,488 | |
| Net book value | |
$ | 30,681,446 | | |
$ | 124,881,165 | | |
$ | 3,098,501 | | |
$ | 3,249,488 | |
|
| Schedule of Plant and Equipment Facilities |
Plant
and equipment is comprised of the following, net of accumulated depreciation:
Schedule
of Plant and Equipment Facilities
| | |
June 30, | | |
December 31, | |
| | |
2026 | | |
2025 | |
| | |
| | |
| |
| Process Plant | |
$ | 108,420,255 | | |
$ | 84,704,196 | |
| Filter Plant | |
| 10,723,316 | | |
| 9,310,327 | |
| Paste Plant | |
| 4,226,331 | | |
| 3,182,662 | |
| Equipment | |
| 1,511,263 | | |
| 1,472,116 | |
| Plant and equipment | |
$ | 124,881,165 | | |
$ | 98,669,301 | |
|