v3.26.1
BUSINESS SEGMENTS
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
The Company is organized into one operating segment, which conducts exploration and development of mineral properties and thus has identified one reportable segment: Exploration and Development. The Company regularly reviews its segment reporting for alignment with its strategic goals and operational structure as well as for evaluation of business performance and allocation of resources by the Company’s Chief Operating Decision Maker (“CODM”).
The following table summarizes the components and significant expenses of the measure of net loss:
Three Months Ended June 30,Six Months Ended June 30, 2026
2026202520262025
$$$$
Pre-Development:
Labor and contractor services7,692,220 1,443,776 12,230,131 1,946,034 
Materials and other directly related costs2,296,523 1,657,119 5,081,517 2,251,891 
Other185,643 109,683 263,066 123,560 
Total Pre-Development10,174,386 3,210,578 17,574,714 4,321,485 
General and Administrative
Labor and contractor services5,353,197 1,001,700 9,060,458 1,865,566 
Other1,515,274 1,176,009 3,406,816 1,926,142 
Total General and Administrative6,868,471 2,177,709 12,467,274 3,791,708