| Summary of mineral properties |
| Summary of mineral properties | |
| |
| |
|
| | |
December 31, | |
| |
June 30, |
| | |
2025 | |
Additions, net | |
2026 |
| | |
$ | |
$ | |
$ |
| Excelsior Springs | |
| 4,791,780 | | |
| – | | |
| 4,791,780 | |
| Laird Lake | |
| 42,835 | | |
| – | | |
| 42,835 | |
| Forester | |
| – | | |
| 2,296,707 | | |
| 2,296,707 | |
| | |
| 4,834,615 | | |
| 2,296,707 | | |
| 7,131,322 | |
| Elimination of cumulative translation adjustment | |
| – | | |
| – | | |
| 778,690 | |
| Total | |
| 4,834,615 | | |
| 2,296,707 | | |
| 7,910,012 | |
| | |
| | | |
| | | |
| | |
| | |
| December 31, | | |
| | | |
| June 30, | |
| | |
| 2024 | | |
| Additions | | |
| 2025 | |
| | |
| $ | | |
| $ | | |
| $ | |
| Excelsior Springs | |
| 7,840,981 | | |
| – | | |
| 7,840,981 | |
Exploration and evaluation costs expensed
on the projects consisted of the following:
| | |
| |
| |
|
| | |
Excelsior | |
Laird | |
|
| | |
Springs | |
Lake | |
Total |
| Six months ended June 30, 2026 | |
$ | |
$ | |
$ |
| Assays and sampling | |
| – | | |
| 92,611 | | |
| 92,611 | |
| Field | |
| – | | |
| 32,396 | | |
| 32,396 | |
| Drilling | |
| – | | |
| 1,237,382 | | |
| 1,237,382 | |
| Geological and consulting (Note 6) | |
| – | | |
| 580,758 | | |
| 580,758 | |
| Other | |
| – | | |
| 50,000 | | |
| 50,000 | |
| | |
| – | | |
| 1,993,147 | | |
| 1,993,147 | |
| Less: Recovery of costs | |
| – | | |
| (200,000 | ) | |
| (200,000 | ) |
| | |
| – | | |
| 1,793,147 | | |
| 1,793,147 | |
| | |
| | | |
| | | |
| | |
| | |
| Excelsior | | |
| Laird | | |
| | |
| | |
| Springs | | |
| Lake | | |
| Total | |
| Six months ended June 30, 2025 | |
| $ | | |
| $ | | |
| $ | |
| Geological and consulting | |
| 431,615 | | |
| – | | |
| 431,615 | |
| | |
| 431,615 | | |
| – | | |
| 431,615 | |
|