Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (20,497,239)	$ (7,925,487)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation	670,625	607,818
Depreciation expense	26,996	34,214
Accretion expense	3,140	2,865
Loss from equity investment in Peak Gold, LLC (Note 5)	140,253	5,090,000
Unrealized loss from derivative contracts	15,625,330	0
Interest expense paid in stock	99,998	338,884
Amortization of debt discount and debt issuance fees	547,594	(191,376)
Changes in operating assets and liabilities:
Increase in prepaid expenses and other	(76,942)	(160,786)
Decrease in accounts payable and accrued liabilities	(954,052)	(822,980)
Net cash used in operating activities	(4,414,297)	(3,026,848)
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash invested in Peak Gold, LLC	(15,450,000)	(5,090,000)
Acquisition of Contango Lucky Shot Alaska, LLC	0	(719)
Acquisition of property and equipment	(7,500)	0
Net cash used by investing activities	(15,457,500)	(5,090,719)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash paid for shares withheld from employees for payroll tax withholding	0	(39,496)
Cash proceeds from debt	12,500,000	0
Debt issuance costs	(735,020)	0
Cash proceeds from common stock issuance, net	221,341	2,311,000
Net cash provided by financing activities	11,986,321	2,271,504
NET DECREASE IN CASH	(7,885,476)	(5,846,063)
CASH AND RESTRICTED CASH, BEGINNING OF PERIOD	15,737,391	8,996,154
CASH AND RESTRICTED CASH, END OF PERIOD	7,851,915	3,150,091
Supplemental disclosure of cash flow information
Interest expense	$ 1,211,715	$ 300,002