Prepaid
expenses consist of the following:
Schedule of Prepaid Expenses
| | |
June 30, 2026 | | |
December 31, 2025 | |
| Advances(1) | |
$ | 444,003 | | |
$ | - | |
| Prepaid insurance | |
| 68,699 | | |
| 44,614 | |
| Prepaid dues and subscriptions | |
| 40,087 | | |
| 4,663 | |
| Prepaid corporate development expenses | |
| 33,307 | | |
| 24,464 | |
| Other prepaid expenses | |
| 6,485 | | |
| 5,898 | |
| Total | |
$ | 592,581 | | |
$ | 79,639 | |
| (1) | Advances relate
to the cash advanced to Equity Geoscience Ltd. (“Equity Geoscience”), a technical consulting company for the management of
an exploration program for the Whistler Project. |
|