XML 16 R6.htm IDEA: XBRL DOCUMENT v3.25.1
Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) for the period $ (964,597) $ (618,193)
Adjustment to reconcile net income (loss) to net cash used in operating activities    
Change in fair value of marketable securities 285,953 199,611
Depreciation 7,332 7,332
Stock based compensation 54,392 69,337
Loss (Gain) on sale of marketable securities 0 (5,805)
(Gain) on return of mineral property 0 (101,260)
Changes in assets and liabilities:    
(Increase) Decrease in prepaid expenses 5,350 14,982
Increase (decrease) in accounts payable and accrued liabilities 9,811 3,559
Net Cash (Used in) Operating Activities (601,759) (430,437)
CASH FLOWS FROM INVESTING ACTIVITY:    
Cash from property agreements 0 125,000
Cash from sale of marketable securities 0 15,082
Purchase of equipment 0 0
Net Cash Provided by Investing Activities 0 140,082
CASH FLOWS FROM FINANCING ACTIVITY:    
Shares issued for cash 0 381,061
Net Cash Provided by Finanicng Activity 0 381,061
Increase (Decrease) in cash (601,759) 90,706
Cash, beginning of period 3,667,617 3,576,911
Cash, end of period 3,065,858 3,667,617
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
NON CASH TRANSACTIONS    
Marketable securities received as consideration for mineral property $ 170,888 $ 167,968