v3.26.1
Mineral Properties and Rights, Plant and Equipment, Right-of-Use Asset, and Land (Tables)
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
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 
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 

 

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   $- 
Depreciation, depletion   -    164,070    140,412    - 
Disposals   -    -    -    - 
As at June 30, 2026  $-   $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 
Schedule of Plant and Equipment Facilities

Plant and equipment is comprised of the following, net of accumulated depreciation:

 

   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 
Schedule of Property Acquisition Details
Release Date   Payment Shares Release to Seller from Contractual Escrow
6–month anniversary from December 11, 2025   66,667 Payment Shares
9–month anniversary December 11, 2025   66,667 Payment Shares
12–month anniversary of December 11, 2025   Balance of the Payment Shares (533,333 Payment Shares)