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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
EXPENSES:    
Claim rental expense $ (128,117) $ (126,452)
Exploration expense (86,644) (251,927)
Depreciation expense (26,996) (34,214)
Accretion expense (3,140) (2,865)
General and administrative expense (2,467,995) (1,980,921)
Total expenses (2,712,892) (2,396,379)
OTHER INCOME/(EXPENSE):    
Interest income 12,050 8,402
Interest expense (2,030,814) (447,510)
Loss from equity investment in Peak Gold, LLC (140,253) (5,090,000)
Unrealized loss on derivative contracts (15,625,330) 0
Total other income/(expense) (17,784,347) (5,529,108)
NET LOSS $ (20,497,239) $ (7,925,487)
NET LOSS PER SHARE    
Net loss per share, basic $ (2.14) $ (1.09)
Net loss per share, diluted $ (2.14) $ (1.09)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
Weighted average number of shares outstanding, basic 9,587,113 7,243,345
Weighted average number of shares outstanding, diluted 9,587,113 7,243,345