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Mineral property, plant and equipment
12 Months Ended
Aug. 31, 2025
Mineral Property Plant And Equipment  
Mineral property, plant and equipment

 

8.Mineral property, plant and equipment
                                   
   Exploration and evaluation expenditures(1)   Mineral properties   Processing plant and related infrastructure(2)   Machinery and equipment(3)   Right-of-use assets   Others(4)   Total 
Cost                                   
   As at August 31, 2023  $1,864   $41,202   $23,063   $1,624   $203   $148   $68,104 
   Additions   417    6,809    6,885    417    1,655    44    16,227 
   Adjustment to reclamation  provision         150                            150 
   Disposals                           (137)         (137)
   As at August 31, 2024  $2,281   $48,161   $29,948   $2,041   $1,721   $192   $84,344 
   Additions   913    4,839    4,562    1,003    3,326    161    14,804 
   Adjustment to reclamation  provision         (82)                           (82)
   As at August 31, 2025  $3,194   $52,918   $34,510   $3,044   $5,047   $353   $99,066 
Accumulated depreciation                                   
   As at August 31, 2023  $     $899   $2,138   $828   $119   $61   $4,045 
   Depreciation         1,977    327    239    56    20    2,619 
   Disposals                           (137)         (137)
   As at August 31, 2024  $     $2,876   $2,465   $1,067   $38   $81   $6,527 
   Depreciation         3,267    458    442    858    21    5,046 
   As at August 31, 2025  $     $6,143   $2,923   $1,509   $896   $102   $11,573 
Net book value                                   
   As at August 31, 2024  $2,281   $45,285   $27,483   $974   $1,683   $111   $77,817 
   As at August 31, 2025  $3,194   $46,775   $31,587   $1,535   $4,151   $251   $87,493 
(1)Represents exploration and evaluation expenditures related to the Anfield and Stamford Bridge deposits on the Buckreef property.
(2)Includes construction in progress of $3.7 million (2024 - $2.1 million).
(3)Includes automotive and computer equipment and software.
(4)Includes leasehold improvements.

 

 

The continuity of expenditures for exploration and evaluation asset is as follows:

 

     
   Amount 
As at August 31, 2023  $1,864 
   Exploration expenditures:     
Geological consulting   4 
Personnel costs   380 
Trenching and drilling   31 
Others   2 
As at August 31, 2024  $2,281 
   Exploration expenditures:     
Geological consulting   43 
Personnel costs   459 
Trenching and drilling   393 
Others   18 
As at August 31, 2025  $3,194 

 

As at August 31, 2025, the Company had contractual commitments for capital expenditures of $2.2 million (2024 - $0.2 million).