Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2024

Commitments and Contingencies [Abstract]

Schedule of Annual Advance Royalty Payments

These leases are out of the scope of ASC 842 Leases, and any advance royalty paid is expensed off as exploration expenses. Once in production, each agreement attracts payment of net smelter royalties as per the following table.

	Total
2023	$	39,900
2024	$	40,400
2025	$	25,400
2026	$	28,400
2027	$	30,900
2028	$	32,900
2029	$	35,900
2030	$	36,400
2031	$	34,000
2032	$	34,000
2033	$	39,500
2034	$	9,500
2035	$	9,500
2036	$	10,000
2037	$	10,000
2038	$	10,000
Applicable NSRs		3	%

Schedule of Lease Payments

RMM has made all required payments and has paid Lunar $153,000 as of September 30, 2024, and makes lease payments on the following schedule:

Payment due July	Annual Payment
2024-2026	$	21,000
2027-2031	$	25,000
2032-2036	$	30,000
2037-2041	$	40,000
2042-2046	$	45,000