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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating expenses    
Exploration expenditures $ 6,350 $ 4,302
Rio Tinto Deposit (6,516) (3,237)
General office 194 140
Interest 432 144
Insurance 74 61
Investor relations and corporate development 21 52
Professional fees 1,525 715
Rent 15 14
Salaries and benefits 1,368 733
Share-based payments 1,133 1,173
Transfer agent and regulatory 85 104
Travel 62 54
Operating loss (4,743) (4,255)
Non-operating Income/(expenses)    
Fair value gain on derivative liabilities 356 429
Foreign exchange gain (2) 13
Gain on settlement of debt 0 20
Accretion expense (460) (108)
Gain on sale of Butte Valley 0 2,207
Gain on transfer of investment shares 22 19
NSR buy-down 0 500
Loss on revaluation of SAFE notes (305) (364)
Share of loss in associate (288) (389)
Interest and other income 111 0
Impairment of mineral properties (602) 0
Total Non-operating Income/(expenses) (1,168) 2,327
Net loss and comprehensive loss for the year (5,911) (1,928)
Net loss and comprehensive loss attributed to:    
Stockholders of the Company (4,829) (1,816)
Non-controlling interest $ (1,082) $ (112)
Loss per share    
loss per share, basic $ (0.02) $ (0.01)
loss per share, diluted $ (0.02) $ (0.01)
Weighted average number of shares outstanding    
Weighted average number of shares outstanding - basic 309,601,948 304,538,938
Weighted average number of shares outstanding - diluted 309,601,948 304,538,938