v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net loss $ (3,300,864) $ (1,920,166)
Adjustments to reconcile net loss to net cash used by operating activities:    
Stock based compensation 333,212 771,045
Depreciation 645 0
Noncash lease expense 0 (46)
Change in:    
Prepaid expenses and other assets (111,863) (4,673)
Accounts payable and other accrued liabilities 189,319 13,505
Accrued legal fees 255 (5,000)
Net cash used in operating activities (2,889,296) (1,145,335)
Cash flows from investing activities:    
Acquisition of mineral properties (302,504) 0
Purchase of reclamation bond (10,000) 0
Purchase of equipment (19,064) 0
Net cash used in investing activities (331,568) 0
Cash flows from financing activities:    
Proceeds from issuances of stock and warrants 5,663,316 1,200,000
Share issuance costs paid (104,012) 0
Proceeds from shares to be issued 0 1,000,000
Proceeds from exercise of stock options 40,000 0
Proceeds received on subscription receivable 50,000 130,000
Net cash provided by financing activities 5,649,304 2,330,000
Net increase in cash and cash equivalents 2,428,440 1,184,665
Cash and cash equivalents, beginning of period 2,592,167 481,322
Cash and cash equivalents, end of period 5,020,607 1,665,987
Noncash financing and investing activities:    
Finder warrants issued as share issuance costs 62,170 0
Share issuance costs included in accounts payable and other accrued liabilities $ 58,000 $ 0