| Income Taxes - Schedule of Components of Income Tax Expense Benefit |
The components of the provision for income tax benefit
(expense) from continuing operations are:
Income Taxes - Schedule of Components of Income Tax Expense Benefit
| | |
Years Ended December 31, |
| | |
2025 | |
2024 |
| Current taxes – PRC | |
$ | — | | |
$ | (15,204 | ) |
| Deferred taxes – PRC entities | |
| — | | |
| (1,632,978 | ) |
| Total Income tax (expenses) benefits | |
$ | — | | |
$ | (1,648,182 | ) |
|
| Income Taxes - Schedule of Deferred Tax Assets and Liabilities |
Significant components of the Company’s deferred
tax assets and liabilities at December 31, 2025 and December 31, 2024 are as follows:
Income Taxes - Schedule of Deferred
Tax Assets and Liabilities
| | |
December 31, | |
December 31, |
| | |
2025 | |
2024 |
| Deferred tax liabilities | |
$ | — | | |
$ | — | |
| | |
| | | |
| | |
| Deferred tax assets: | |
| | | |
| | |
| Exploration costs | |
$ | 1,771,262 | | |
$ | 1,731,920 | |
| Allowance | |
| 78,013 | | |
| 729,731 | |
| Impairment of long-lived assets | |
| 71,966 | | |
| 1,686,095 | |
| PRC tax losses | |
| 7,485,619 | | |
| 9,125,871 | |
| Accrued liabilities | |
| 124,922 | | |
| — | |
| US federal net operating loss | |
| 1,965,991 | | |
| 1,661,464 | |
| Total deferred tax assets | |
| 11,497,773 | | |
| 14,935,081 | |
| Valuation allowance | |
| (11,497,773 | ) | |
| (14,935,081 | ) |
| Net deferred tax asset | |
$ | — | | |
$ | — | |
|