Mineral Interests, Property and Equipment (Tables)

9 Months Ended

Sep. 30, 2022

Mineral Interests, Property and Equipment Explanatory [Abstract]

Schedule of mineral interest, property and equipment

($000s)	Mineral interests		Construction in progress		Property & equipment 1		Right-of-use assets 2		Total
Cost
As at January 1, 2021		591,446		-		-		307		591,753
Additions		40,559		27,061		3,080		100		70,800
As at December 31, 2021		632,005		27,061		3,080		407		662,553
Additions		27,230		110,817		4,459		1,936		144,442
As at September 30, 2022		659,235		137,878		7,539		2,343		806,995
Accumulated Depreciation
As at January 1, 2021		-		-		-		72		72
Depreciation expense		-		-		117		85		202
As at December 31, 2021		-		-		117		157		274
Depreciation expense 1, 2		-		-		302		236		538
As at September 30, 2022		-		-		419		393		812
Net Book Value
As at December 31, 2021		632,005		27,061		2,963		250		662,279
As at September 30, 2022		659,235		137,878		7,120		1,950		806,183

1) Depreciation expense related to equipment is capitalized to construction in progress.

2) Depreciation expense related to right-of-use assets associated with the KSM construction is capitalized to construction in progress.

Schedule of mineral interests, property and equipment

			Nine months ended September 30, 2022
($000s)	January 1, 2022		Mineral interests		Construction in progress		Property & equipment		Right-of-use assets		Total Additions		September 30, 2022
Additions
KSM 1, 2		502,015		16,452		110,817		4,459		1,612		133,340		635,355
Courageous Lake		77,176		522		-		-		-		522		77,698
Iskut		41,779		6,387		-		-		-		6,387		48,166
Snowstorm		31,471		2,632		-		-		-		2,632		34,103
3 Aces		9,034		1,237		-		-		-		1,237		10,271
Grassy Mountain		771		-		-		-		-		-		771
Corporate		307		-		-		-		324		324		631
		662,553		27,230		110,817		4,459		1,936		144,442		806,995

			Year ended December 31, 2021
($000s)	January 1, 2021		Mineral interests		Construction in progress		Property & equipment		Right-of-use assets		Total Additions		December 31, 2021
Additions
KSM 3		444,167		27,607		27,061		3,080		100		57,848		502,015
Courageous Lake		76,522		654		-		-		-		654		77,176
Iskut		37,949		3,830		-		-		-		3,830		41,779
Snowstorm		24,924		6,547		-		-		-		6,547		31,471
3 Aces		7,113		1,921		-		-		-		1,921		9,034
Grassy Mountain		771		-		-		-		-		-		771
Corporate		307		-		-		-		-		-		307
		591,753		40,559		27,061		3,080		100		70,800		662,553

1) Construction in progress additions at KSM includes $9.8 million of capitalized borrowing costs.

2) $6.8 million of costs related to the BC Hydro project (refer to Note 8) were reclassified from mineral interests to long-term receivables and other assets.

3) $3.9 million of costs related to the BCMETC audit (refer to Note 8) were reclassified from mineral interests to amounts receivable.