| Property, Plant, and Equipment [Table Text Block] |
The table below sets forth the book value by type of fixed asset owned by the Company (excludes Peak Gold LLC assets) as well as the estimated useful life:
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Asset Type |
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Estimated
Useful Life |
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June 30, 2026 |
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December 31, 2025 |
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Mineral properties |
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Not Depleted |
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Dolly Varden |
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$ |
285,999,842 |
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$ |
— |
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Johson Tract |
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34,959,954 |
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34,959,954 |
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Lucky Shot |
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16,883,226 |
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13,225,874 |
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Other |
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2,172,981 |
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2,172,981 |
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Land |
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Not Depreciated |
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87,737 |
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87,737 |
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Buildings and improvements |
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20 - 39 |
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1,455,546 |
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1,455,546 |
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Construction in progress |
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Not Depreciated |
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3,396,645 |
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— |
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Machinery and equipment |
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3 - 10 |
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650,855 |
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544,064 |
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Vehicles |
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5 |
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204,032 |
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184,032 |
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Computer and office equipment |
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5 |
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27,731 |
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27,731 |
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Furniture & fixtures |
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5 |
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2,270 |
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2,270 |
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Right of use asset |
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2 - 3 |
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1,385,228 |
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86,952 |
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Less: Accumulated depreciation and
amortization |
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(735,614 |
) |
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(559,712 |
) |
Less: Accumulated impairment |
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(122,136 |
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(122,136 |
) |
Property & Equipment, net |
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$ |
346,368,297 |
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$ |
52,065,293 |
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