v3.26.3
Consolidated Statements of Cash Flows - CAD ($)
12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net loss for the year: $ (13,990,435) $ (4,089,117)
Items not affecting cash:    
Flow-through premium recovery (12,303) (145,567)
Stock-based compensation 9,167,246 2,591,294
Gain on marketable securities (187,500) (25,000)
Changes in non-cash working capital items:    
Amounts receivable (116,522) (103,969)
Prepaid expenses and deposits (155,641) (235,723)
Accounts payable and accrued liabilities 233,648 15,584
Due to related parties 122,577 11,813
Net cash flows used in operating activities (4,938,930) (1,980,685)
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Exploration and evaluation expenditures (17,852,829) (2,184,572)
Reclamation bond (94,696) 0
Mining tax credit 0 27,918
Changes in non-cash working capital items:    
Accounts payable and accrued liabilities 2,329,775 957,238
Due to related parties 170,005 209,099
Net cash flows used in investing activities (15,447,745) (990,317)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Issuance of common shares 31,129,544 6,995,250
Cash share issuance costs (1,300,301) (96,966)
Share subscriptions received 0 (60,000)
Changes in non-cash working capital:    
Accounts payable and accrued liabilities 1,918 0
Net cash flows from financing activities 29,831,161 6,838,284
Net increase in cash 9,444,486 3,867,282
Cash and cash equivalents, beginning of year 5,542,504 1,675,222
Cash and cash equivalents, end of year $ 14,986,990 $ 5,542,504