Note 20 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Statement Line Items [Line Items]

Description of income taxes recognized in profit or loss [text block]

	For the year ended
	December 31,			December 31,
	2023			2022
		$			$
Deferred tax expense		(5,577	)		(371	)
Total income tax expense		(5,577	)		(371	)

Disclosure of income tax expense recovery differences explanatory [text block]

	For the year ended
	December 31,			December 31,
	2023			2022
		$			$
Income for the year before income taxes		54,236			18,015
Statutory tax rate		27	%		27	%
Income tax (expense) computed at statutory rates		(14,644	)		(4,864	)
Share issuance costs		1,050			-
Share based compensation		(762	)		(878	)
Mexican inflationary adjustments		788			2,429
Differing effective tax rate on loss in foreign jurisdiction		(1,904	)		(1,156	)
Equity accounted earnings from Investment in Juanicipio		22,398			13,060
Withholding tax on planned foreign earnings repatriation		(6,123	)		(2,921	)
Flow-through shares obligations		(3,814	)		-
Unrecognized deferred tax assets		(21,072	)		(7,239	)
Impact of foreign exchange and other		17,055			1,198
Other		1,451			-
Total income tax (expense) benefit		(5,577	)		(371	)

Disclosure of temporary difference, unused tax losses and unused tax credits [text block]

	December 31,			December 31,
	2023			2022
	$			$
Deferred income tax assets
Non-capital losses		3,232			3,993
		3,232			3,993
Deferred income tax liabilities
Property and equipment		(819	)		(826	)
Investment in Juanicipio		(6,123	)		(5,880	)
Financing costs		(26	)		-
Investments		(137	)		(208	)
Exploration and evaluation assets		(4,625	)		-
		(11,730	)		(6,914	)
Net deferred income tax liability		(8,498	)		(2,921	)

Disclosure of deferred taxes [text block]

	December 31,			December 31,
	2023			2022
		$			$
At January 1		(2,921	)		(2,557	)
Deferred income tax (expense) benefit through income statement		(5,577	)		(371	)
Deferred income tax benefit through OCI		-			7
At December 31		(8,498	)		(2,921	)

Disclosure of deductible temporary differences and unused tax credits for which no deferred tax assets explanatory [text block]

	December 31,				December 31,
	2023		expiry dates		2022
		$				$
Non-capital losses		163,349		2024-2043		118,353
Exploration and evaluation assets		16,559	no expiry			15,915
Financing fees		5,109		2044-2046		3,242
Other		3,002	no expiry			1,141
Total		188,019				138,651