Operating Segment

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Operating Segment

15. OPERATING SEGMENT

An operating segment is defined as a component of a public entity that engages in business activities and for which discrete financial information and operating results are available and regularly reviewed by the CODM in deciding how to allocate resources and assess performance. The Company’s Chief Executive Officer has been determined to be its CODM. The CODM manages the Company’s business activities in a single operating and reportable segment focused on managing the Company’s mineral portfolio and growing its mineral positions in its core focus areas. The financial information and operating results, including net income and total assets, used by the CODM to allocate resources, assess performance, and make key operating decisions are the same as that which is reported by the Company on the Income Statement and Balance Sheet, and the CODM does not use further disaggregated expenses or assets in deciding how to allocate resources and assess performance.