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Segmented Information (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of operating segments [abstract]  
Reportable segment results

For the year ended December 31, 2024, reportable segment results were as follows:

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

​

    

​

    

Total

​

​

​

​

​

Corporate

​

Continuing

(in thousands)

    

Mining

    

and Other

    

Operations

​

​

​

​

​

​

​

​

Statement of Operations:

​

 

  

 

  

 

  

Revenues

​

$

4,023

 

—

 

4,023

​

​

​

​

​

​

​

​

Expenses:

​

 

  

 

  

 

  

Operating expenses

​

$

(4,815)

 

—

 

(4,815)

Exploration

​

 

(11,973)

 

—

 

(11,973)

Evaluation

​

 

(33,991)

 

—

 

(33,991)

General and administrative

​

 

(19)

 

(16,476)

 

(16,495)

​

​

 

(50,798)

 

(16,476)

 

(67,274)

Segment loss

​

$

(46,775)

 

(16,476)

 

(63,251)

​

​

​

​

​

​

​

​

Revenues-supplemental:

​

 

  

 

  

 

  

Toll milling services-deferred revenue (note 10)

​

​

4,023

 

—

 

4,023

​

​

$

4,023

 

—

 

4,023

​

​

​

​

​

​

​

​

Capital additions:

​

 

  

 

  

 

  

Property, plant and equipment (note 8)

​

$

9,063

 

982

 

10,045

​

​

​

​

​

​

​

​

Long-lived assets:

​

 

  

 

  

 

  

Plant and equipment

​

 

  

 

  

 

  

Cost

​

$

111,460

 

7,107

 

118,567

Accumulated depreciation

​

 

(42,591)

 

(473)

 

(43,064)

Mineral properties

​

 

184,158

 

—

 

184,158

​

​

$

253,027

 

6,634

 

259,661

​

​

For the year ended December 31, 2023, reportable segment results were as follows:

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Total

​

​

​

​

​

Corporate

​

Continuing

(in thousands)

    

Mining

    

and Other

    

Operations

​

​

​

​

​

​

​

​

Statement of Operations:

​

 

  

 

  

 

  

Revenues

​

$

1,855

 

—

 

1,855

​

​

​

​

​

​

​

​

Expenses:

​

 

  

 

  

 

​

Operating expenses

​

$

(3,898)

 

—

 

(3,898)

Exploration

​

 

(9,564)

 

—

 

(9,564)

Evaluation

​

 

(18,622)

 

—

 

(18,622)

General and administrative

​

 

(19)

 

(13,741)

 

(13,760)

​

​

 

(32,103)

 

(13,741)

 

(45,844)

Segment loss

​

$

(30,248)

 

(13,741)

 

(43,989)

​

​

​

​

​

​

​

​

Revenues-supplemental:

​

 

  

 

  

 

  

Toll milling services-deferred revenue (note 10)

​

 

1,855

 

—

 

1,855

​

​

$

1,855

 

—

 

1,855

​

​

​

​

​

​

​

​

Capital additions:

​

 

  

 

  

 

  

Property, plant and equipment (note 8)

​

$

2,165

 

1,103

 

3,268

​

​

​

​

​

​

​

​

Long-lived assets:

​

 

  

 

  

 

  

Plant and equipment

​

 

  

 

  

 

  

Cost

​

$

106,914

 

6,559

 

113,473

Accumulated depreciation

​

 

(38,178)

 

(1,162)

 

(39,340)

Mineral properties

​

 

180,813

 

—

 

180,813

​

​

$

249,549

 

5,397

 

254,946

Schedule of consolidated income (loss) and cash flows for the closed mines discontinued operation

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​

Year Ended

​

​

December 31

​

December 31

(in thousands)

    

2024

    

2023

​

​

​

​

​

​

​

Revenue

​

$

—

​

$

6,582

​

​

​

​

​

​

​

Expenses

​

​

​

​

​

​

Operating expenses

​

 

—

​

 

(5,715)

Other income

​

 

471

​

 

144

Income from discontinued operations, net of taxes

​

$

471

​

$

1,011

​

Cash flows for the Closed Mines discontinued operation for 2024 and 2023 is as follows:

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Year Ended

​

​

December 31

​

December 31

(in thousands)

    

2024

    

2023

​

​

​

​

​

​

​

Cash inflow:

 

​

  

 

​

  

Net cash from operating activities

​

$

355

​

$

3,274

Net cash flows for the year

​

$

355

​

$

3,274