v3.26.1
Statements of Cash Flows - CAD ($)
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Operations      
Net loss for the year $ (2,683,523) $ (3,313,365) $ (6,635,073)
Items not involving cash:      
Depreciation 486 486 485
Share-based payments 90,000 131,314 1,786,445
Loss on marketable securities 21,679 63,513 549,946
Gain on write-down of amounts payable and share subscriptions (49,134)
Write-down of exploration and evaluation assets 1,050,482 1,036,875 749,771
Flow-through recovery (218,207) (159,579) (717,679)
Changes in non-cash operating assets and liabilities:      
Amounts receivable and prepaid expenses 13,378 280,953 668,099
Accounts payable and accrued liabilities 356,915 284,682 (333,822)
Due to related parties 94,646 (111,980) (130,007)
Cash used in operating activities (1,274,144) (1,787,101) (4,110,969)
Investing activities      
Acquisition of exploration and evaluation assets (65,220) (52,500)
Proceeds from sale of marketable securities 102,233
Cash provided by (used in) investing activities 37,013 (52,500)
Financing activities      
Proceeds from financing 625,000 1,100,000 2,324,999
Share issue costs (9,000) (66,000) (121,200)
Cash provided by financing activities 616,000 1,034,000 2,203,799
Decrease in cash during the year (621,131) (753,101) (1,959,670)
Cash, beginning of the year 951,807 1,704,908 3,664,578
Cash, end of the year 330,676 951,807 1,704,908
Supplemental information:      
Shares issued for exploration and evaluation assets 247,500 1,995,416
Fair value of warrants issued in connection with financing 135,126 128,767
Exploration and evaluation assets in accounts payable 37,500
Write-down of accrued exploration and evaluation acquisition costs included in accounts payable $ 1,834,000