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Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating expenses        
General and administrative $ 1,196,164 $ 1,219,223 $ 2,511,736 $ 2,287,102
Lease expense 21,000 21,000 21,000 21,000
Exploration, evaluation and project expense 626,426 1,481,789 1,350,696 1,820,428
Accretion expense 24,915 18,370 52,822 25,469
Depreciation expense 11,015 11,015 22,029 22,029
Total operating expenses 1,879,520 2,751,397 3,958,283 4,176,028
Net operating loss (1,879,520) (2,751,397) (3,958,283) (4,176,028)
Revaluation of warrant liability 5,337,582 (4,561,381) 13,560,969 (4,767,574)
Interest expense (631,079) 0 (1,257,794) 0
Foreign currency exchange gain (loss) 49,963 (236,815) (21,988) (27,204)
Net income (loss) $ 2,876,946 $ (7,549,593) $ 8,322,904 $ (8,970,806)
Weighted average common shares outstanding – basic (in Shares) 85,929,753 72,429,628 85,186,643 71,479,686
Weighted average common shares outstanding – diluted (in Shares) 85,988,087 72,429,628 85,244,977 71,479,686
Earnings (loss) per common share – basic (in Dollars per share) $ 0.03 $ (0.1) $ 0.1 $ (0.13)
Earnings (loss) per common share – diluted (in Dollars per share) $ 0.03 $ (0.1) $ 0.1 $ (0.13)