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Consolidated Statements of Cash Flows - CAD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities    
Income (loss) for the year $ 1,150,637 $ (683,299)
Adjustments for:    
Amortization 11,383 1,713
Stock-based compensation 500,742 360,493
Exploration property impairment and expenditures   51,964
Gain on sale of net smelter return royalty (7,067,703)  
Unrealized loss on change in fair value of marketable securities 3,334,120  
Realized loss on sale of marketable securities 868,340  
Changes in non-cash working capital items:    
Receivables (161,005) (20,147)
Prepaid expense 67,564 (353,019)
Trade payables and accrued liabilities (48,361) 130,012
Net cash flows used in operating activities (1,344,283) (512,283)
Investing activities    
Expenditures on exploration and evaluation assets (4,793,432) (51,964)
Net cash proceeds on the sale of net smelter return royalty 520,080  
Purchase of equipment (72,364) (856)
Reclamation deposit (44,100)  
Net cash flows used in investing activities (4,389,816) (52,820)
Financing activities    
Proceeds on issuance of common shares 670,750 4,803,000
Share issue costs (36,370) (257,067)
Proceeds from the sale of marketable securities, net of costs 1,438,980  
Net cash flows from financing activities 2,073,360 4,545,933
(Decrease) increase in cash and cash equivalents (3,660,739) 3,980,830
Cash and cash equivalents, beginning 4,066,588 85,758
Cash and cash equivalents, ending 405,849 4,066,588
Cash 394,349 1,555,088
Cash equivalents $ 11,500 $ 2,511,500