| SEGMENT AND GEOGRAPHIC INFORMATION |
7. SEGMENT AND GEOGRAPHIC INFORMATION The Company operates in a single reportable segment, being the exploration and development of mineral properties. The following tables present selected financial information by geographic location: | | | | | | | | | | | | Canada | | United States | | Total | June 30, 2026 | | | | | | | | | | Mineral property | | $ | — | | $ | 55,375,124 | | $ | 55,375,124 | Property and equipment | | | 7,465 | | | — | | | 7,465 | Current assets | | | 111,204,381 | | | 1,362,254 | | | 112,566,635 | Total assets | | $ | 111,211,846 | | $ | 56,737,378 | | $ | 167,949,224 | December 31, 2025 | | | | | | | | | | Mineral property | | $ | — | | $ | 55,375,124 | | $ | 55,375,124 | Property and equipment | | | 7,465 | | | — | | | 7,465 | Current assets | | | 1,250,822 | | | 262,312 | | | 1,513,134 | Total assets | | $ | 1,258,287 | | $ | 55,637,436 | | $ | 56,895,723 |
| | | | | | | Three Months Ended | | June 30, 2026 | | June 30, 2025 | Net income (loss) for the period – Canada | | $ | 2,598,023 | | $ | (813,280) | Net loss for the period – United States | | | (5,981,777) | | | (1,111,806) | Net income (loss) for the period | | $ | (3,383,754) | | $ | (1,925,086) |
| | | | | | | Six Months Ended | | June 30, 2026 | | June 30, 2025 | Net income(loss) for the period – Canada | | $ | 5,482,178 | | $ | (1,066,327) | Net loss for the period – United States | | | (6,591,789) | | | (1,527,827) | Net loss for the period | | $ | (1,109,611) | | $ | (2,594,154) |
|