v3.26.1
Unaudited Condensed Consolidated Interim Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (20,742,649) $ (942,478)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based payments 17,747,028 526,920
Accrued income on short-term investments (162,803)
Depreciation 8,547 2,496
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (256,789) 35,761
Accounts payable and other liabilities (437,439) (91,661)
Net cash used in operating activities (3,844,105) (468,962)
CASH FLOWS USED IN INVESTING ACTIVITIES:    
Purchase of short-term investments (19,000,000)
Redemption of short-term investments 500,000
Net cash used in investing activities (18,500,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of shares and units 22,675,000 350,000
Proceeds from convertible debenture 150,000
Proceeds from warrant exercise 396,000
Net cash from financing activities 22,675,000 896,000
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 330,895 427,038
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF PERIOD 82,444 103,884
CASH AND CASH EQUIVALENTS AT THE END OF PERIOD 413,339 530,922
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest
Cash paid for income taxes
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common shares issued for acquisition of mineral properties