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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of Reconciliation of statutory tax rate and income tax benefits

As at December 31, 2021 and 2020, the Company had no accrued interest and penalties related to uncertain tax positions. Reconciliation of the statutory tax rate of 21% (2020 - 21%) and income tax benefits at those rates to the effective income tax rates and income tax benefits reported in the statements of operations and comprehensive loss is as follows:

Income tax rate

21.0%

21.0%

 

For the Years Ended December 31,

2021

2020

 

Loss before income tax

$

(1,000,689

)

$

(860,557

)

 

Expected income tax recovery

(210,145

)

(180,717

)

Unrealized foreign exchange

147

(1,401

)

Other permanent difference

5,043

3,921

Stock-based compensation

24,444

42,000

Change in valuation allowance

180,511

136,197

Income tax expense

$

-

$

-

Schedule of Components of deferred tax

The following table summarizes the significant components of deferred tax:

For the Years Ended December 31,

2021

2020

Deferred tax asset:

Net operating loss carry forward

$

6,626,368

$

6,056,895

Exploration and development costs

3,555693

3,265,590

 

Valuation allowance

$

(10,182,061)

$

(9,322,485)