v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 7,421,773 $ 7,377,562
Restricted cash 42,562 43,235
Other receivables 6,039 56,024
Inventories 89,119 28,644
Prepaid expenses 592,581 79,639
Total current assets 8,152,074 7,585,104
Exploration and evaluation assets 31,392 31,392
Operating lease right-of-use assets, net 72,458 86,224
Property and equipment, net 1,069,545 742,962
Total assets 9,325,469 8,445,682
Current liabilities    
Accounts payable 194,525 223,821
Accrued liabilities 112,844 123,914
Current portion of lease liabilities 30,697 30,221
Other payables 180,863
Total current liabilities 338,066 558,819
Lease liabilities 40,235 58,171
Asset retirement obligations 244,391 219,582
Total liabilities 622,692 836,572
Stockholders’ equity    
Common stock $0.001 par value: 300,000,000 shares authorized as at June 30, 2026 and December 31, 2025; 13,512,860 shares issued and outstanding as at June 30, 2026 and 13,308,985 shares issued and outstanding as at December 31, 2025 13,513 13,309
Additional paid-in capital 41,613,220 37,784,883
Share issuance obligation 4,000,001
Accumulated deficit (36,923,957) (30,189,082)
Total stockholders’ equity 8,702,777 7,609,110
Total liabilities and stockholders’ equity $ 9,325,469 $ 8,445,682