| SCHEDULE OF MINERAL PROPERTIES, PLANT AND EQUIPMENT |
A
summary of the Company’s Mineral Properties, Plant and Equipment is as follows:
SCHEDULE
OF MINERAL PROPERTIES, PLANT AND EQUIPMENT
| | |
Depletable
mineral properties | | |
Exploration
and evaluation | | |
Plant
and equipment | | |
Total | |
| | |
$ | | |
$ | | |
$ | | |
$ | |
| Cost | |
| | | |
| | | |
| | | |
| | |
| Balance, December
31, 2024 | |
| 115,721 | | |
| 12,189 | | |
| 115,807 | | |
| 243,717 | |
| Additions | |
| 9,212 | | |
| - | | |
| 21,407 | | |
| 30,619 | |
| Change in decommissioning and restoration costs
(note 12) | |
| 3,006 | | |
| - | | |
| - | | |
| 3,006 | |
| Disposals | |
| (3,244 | ) | |
| - | | |
| (3,758 | ) | |
| (7,002 | ) |
| Adjustments | |
| 2,071 | | |
| - | | |
| 2,017 | | |
| 4,088 | |
| Balance, December 31,
2025 | |
| 126,766 | | |
| 12,189 | | |
| 135,473 | | |
| 274,428 | |
| Additions | |
| 5,726 | | |
| - | | |
| 10,645 | | |
| 16,371 | |
| Change in decommissioning and restoration costs
(note 12) | |
| (5,909 | ) | |
| - | | |
| - | | |
| (5,909 | ) |
| Disposals | |
| - | | |
| - | | |
| (2,608 | ) | |
| (2,608 | ) |
| Adjustments | |
| 2,638 | | |
| - | | |
| (1,552 | ) | |
| 1,086 | |
| Balance,
June 30, 2026 | |
| 129,221 | | |
| 12,189 | | |
| 141,958 | | |
| 283,368 | |
| | |
| | | |
| | | |
| | | |
| | |
| Accumulated depreciation
and impairment | |
| | | |
| | | |
| | | |
| | |
| Balance, December 31, 2024 | |
| 50,013 | | |
| - | | |
| 48,971 | | |
| 98,984 | |
| Depletion, depreciation and amortization | |
| 7,199 | | |
| - | | |
| 14,378 | | |
| 21,577 | |
| Disposals | |
| (3,245 | ) | |
| - | | |
| (3,446 | ) | |
| (6,691 | ) |
| Adjustments | |
| (513 | ) | |
| - | | |
| 513 | | |
| - | |
| Balance, December 31, 2025 | |
| 53,454 | | |
| - | | |
| 60,416 | | |
| 113,870 | |
| Depletion, depreciation and amortization | |
| 4,976 | | |
| - | | |
| 10,117 | | |
| 15,093 | |
| Disposals | |
| - | | |
| - | | |
| (2,526 | ) | |
| (2,526 | ) |
| Adjustments | |
| - | | |
| - | | |
| (160 | ) | |
| (160 | ) |
| Balance,
June 30, 2026 | |
| 58,430 | | |
| - | | |
| 67,847 | | |
| 126,277 | |
| | |
| | | |
| | | |
| | | |
| | |
| Cost as at December 31, 2025 | |
| 126,766 | | |
| 12,189 | | |
| 135,473 | | |
| 274,428 | |
| Accumulated depreciation
and impairment | |
| (53,454 | ) | |
| - | | |
| (60,416 | ) | |
| (113,870 | ) |
| Carrying
value - December 31, 2025 | |
| 73,312 | | |
| 12,189 | | |
| 75,057 | | |
| 160,558 | |
| | |
| | | |
| | | |
| | | |
| | |
| Cost as at June 30, 2026 | |
| 129,221 | | |
| 12,189 | | |
| 141,958 | | |
| 283,368 | |
| Accumulated depreciation
and impairment | |
| (58,430 | ) | |
| - | | |
| (67,847 | ) | |
| (126,277 | ) |
| Carrying
value – June 30, 2026 | |
| 70,791 | | |
| 12,189 | | |
| 74,111 | | |
| 157,091 | |
|