XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Operations and Comprhensive Income (Loss) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating expenses        
General and administrative $ 584,360 $ 781,598 $ 1,717,061 $ 3,293,334
Lease expense 0 0 21,000 21,000
Exploration, evaluation and project expense 409,179 534,371 1,641,637 1,885,067
Accretion expense 69,981 27,399 171,161 80,221
Depreciation expense 11,014 11,014 33,043 33,043
Total operating expenses 1,074,534 1,354,382 3,583,902 5,312,665
Net operating loss (1,074,534) (1,354,382) (3,583,902) (5,312,665)
Revaluation of warrant liability 105,927 2,883,272 927,919 16,444,241
Interest expense (741,529) (641,287) (2,166,226) (1,899,081)
Foreign currency exchange gain (loss) 756 (25,503) (3,351) (47,491)
Net income (loss) and comprehensive income (loss) $ (1,709,380) $ 862,100 $ (4,825,560) $ 9,185,004
Weighted average common shares outstanding – basic (in Shares) 85,929,753 85,929,753 85,929,753 85,437,068
Weighted average common shares outstanding – diluted (in Shares) 85,929,753 85,929,753 85,929,753 85,437,068
Earnings (loss) per common share – basic (in Dollars per share) $ (0.02) $ 0.01 $ (0.06) $ 0.11
Earnings (loss) per common share – diluted (in Dollars per share) $ (0.02) $ 0.01 $ (0.06) $ 0.11